Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$327M |
| 2 |
Chipotle Mexican Grill
CMG
|
+$271M |
| 3 |
Chevron
CVX
|
+$264M |
| 4 |
JPMorgan Chase
JPM
|
+$233M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$707M |
| 2 |
Johnson & Johnson
JNJ
|
+$396M |
| 3 |
Amazon
AMZN
|
+$312M |
| 4 |
Walmart Inc
WMT
|
+$285M |
| 5 |
Intuitive Surgical
ISRG
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.73% |
| 2 | Technology | 14.98% |
| 3 | Financials | 10.9% |
| 4 | Consumer Discretionary | 8.96% |
| 5 | Real Estate | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Lattice Semiconductor
LSCC
$17.6B
| $4.1M | ﹤0.01% |
+512,800
| New | +$3.79M |
|
1927
Acco Brands
ACCO
$389M
| $4.1M | ﹤0.01% |
362,647
-198,200
| -35% | -$2.54M |
|
|
INOV
1928
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $4.09M | ﹤0.01% |
407,360
-122,440
| -23% | -$1.33M |
|
1929
Compass Diversified
CODI
$758M
| $4.09M | ﹤0.01% |
225,531
+38,708
| +21% | +$686K |
|
|
HIFR
1930
DELISTED
InfraREIT, Inc.
HIFR
| $4.08M | ﹤0.01% |
193,100
+88,600
| +85% | +$1.88M |
|
|
HUD
1931
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $4.08M | ﹤0.01% |
+180,900
| New | +$3.51M |
|
|
SOHO
1932
DELISTED
Sotherly Hotels
SOHO
| $4.06M | ﹤0.01% |
564,407
+93,878
| +20% | +$670K |
|
1933
Wabash National
WNC
$512M
| $4.03M | ﹤0.01% |
221,300
+121,300
| +121% | +$2.29M |
|
1934
Crawford & Co Class A
CRD.A
$532M
| $4.03M | ﹤0.01% |
447,200
+14,800
| +3% | +$127K |
|
|
HI
1935
DELISTED
Hillenbrand
HI
| $4.02M | ﹤0.01% |
76,848
+64,348
| +515% | +$3.27M |
|
1936
Napco Security Technologies
NSSC
$1.32B
| $4.01M | ﹤0.01% |
536,400
+9,400
| +2% | +$72.7K |
|
|
APU
1937
DELISTED
AmeriGas Partners, L.P.
APU
| $4.01M | ﹤0.01% |
101,478
-106,022
| -51% | -$4.34M |
|
|
HOS
1938
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $4.01M | ﹤0.01% |
681,540
+183,500
| +37% | +$842K |
|
|
MIC
1939
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $4M | ﹤0.01% |
+86,800
| New | +$3.97M |
|
1940
HCI Group
HCI
$2.23B
| $3.99M | ﹤0.01% |
91,219
+42,619
| +88% | +$1.76M |
|
|
FFWM
1941
DELISTED
First Foundation Inc
FFWM
| $3.99M | ﹤0.01% |
255,300
-97,500
| -28% | -$1.64M |
|
1942
Banner Corp
BANR
$2.39B
| $3.98M | ﹤0.01% |
64,099
+34,299
| +115% | +$2.19M |
|
|
DX
1943
Dynex Capital
DX
$3.15B
| $3.98M | ﹤0.01% |
207,818
+26,118
| +14% | +$502K |
|
1944
Amplify Energy
AMPY
$161M
| $3.97M | ﹤0.01% |
445,400
+70,900
| +19% | +$837K |
|
1945
Nature's Sunshine
NATR
$354M
| $3.96M | ﹤0.01% |
452,701
+26,573
| +6% | +$235K |
|
|
OTIC
1946
DELISTED
Otonomy, Inc.
OTIC
| $3.96M | ﹤0.01% |
1,439,700
+84,900
| +6% | +$272K |
|
1947
Nicolet Bankshares
NIC
$3.6B
| $3.95M | ﹤0.01% |
72,500
-6,907
| -9% | -$382K |
|
1948
Hexcel
HXL
$7.79B
| $3.95M | ﹤0.01% |
58,900
-59,100
| -50% | -$4M |
|
1949
Builders FirstSource
BLDR
$7.15B
| $3.94M | ﹤0.01% |
+268,030
| New | +$4.54M |
|
1950
RLJ Lodging Trust
RLJ
$1.86B
| $3.93M | ﹤0.01% |
178,432
-349,650
| -66% | -$7.78M |
|
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Renaissance Technologies's Q3 2018 Portfolio in Review
As of Q3 2018, Renaissance Technologies held 3,734 positions worth $97.3B, up 6% from $91.7B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Renaissance Technologies's Q3 2018 filing shows 508 new, 1,623 increased, 1,169 reduced and 410 closed positions. Its largest new stake was JPMorgan Chase: 2,054,913 shares worth $232M. The largest sale was Apple, an estimated $707M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q3 2018 buy was JPMorgan Chase: 2,054,913 shares worth $232M.
- Renaissance Technologies added most to Twenty-First Century Fox, Inc. Class A in Q3 2018, an estimated $327M increase.
- Renaissance Technologies's biggest Q3 2018 reduction was Johnson & Johnson, cutting an estimated $396M.
- Renaissance Technologies fully exited Apple in Q3 2018, selling an estimated $707M.
- Renaissance Technologies's ten largest holdings make up 9.7% of its $97.3B portfolio in Q3 2018.
- Renaissance Technologies opened 508 new positions and closed 410 in Q3 2018.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $97.3B.
Based on Renaissance Technologies's 13F filing for Q3 2018, filed 13 Nov 2018.