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 | |
|---|---|---|---|---|---|---|
|
CSS
1976
DELISTED
CSS Industries, Inc.
CSS
| $3.75M | ﹤0.01% |
263,692
-14,508
| -5% | -$219K |
|
1977
Radian Group
RDN
$5.18B
| $3.73M | ﹤0.01% |
180,625
+66,955
| +59% | +$1.28M |
|
1978
EyePoint Inc
EYPT
$1.03B
| $3.72M | ﹤0.01% |
104,300
-8,130
| -7% | -$186K |
|
|
PFBI
1979
DELISTED
Premier Financial Bancorp
PFBI
| $3.72M | ﹤0.01% |
201,288
-10,900
| -5% | -$211K |
|
1980
HUB Group
HUBG
$2.85B
| $3.69M | ﹤0.01% |
161,872
+89,400
| +123% | +$2.22M |
|
|
MGIC
1981
DELISTED
Magic Software Enterprises
MGIC
| $3.67M | ﹤0.01% |
432,052
+37,100
| +9% | +$323K |
|
|
VVUS
1982
DELISTED
Vivus Inc
VVUS
| $3.65M | ﹤0.01% |
828,373
+993
| +0.1% | +$6.22K |
|
1983
Pacira BioSciences
PCRX
$1.04B
| $3.65M | ﹤0.01% |
+74,305
| New | +$3.21M |
|
1984
VanEck Semiconductor ETF
SMH
$65.2B
| $3.65M | ﹤0.01% |
68,600
-42,000
| -38% | -$2.23M |
|
|
DRRX
1985
DELISTED
DURECT Corp
DRRX
| $3.65M | ﹤0.01% |
331,430
+4,481
| +1% | +$60.9K |
|
1986
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $3.65M | ﹤0.01% |
62,200
-64,600
| -51% | -$3.68M |
|
1987
Chemours
CC
$2.5B
| $3.64M | ﹤0.01% |
92,400
-243,000
| -72% | -$10.6M |
|
|
LUNA
1988
DELISTED
Luna Innovations Incorporated
LUNA
| $3.64M | ﹤0.01% |
1,125,807
+20,902
| +2% | +$74K |
|
|
KW
1989
DELISTED
Kennedy-Wilson Holdings
KW
| $3.63M | ﹤0.01% |
+168,900
| New | +$3.62M |
|
|
RNWK
1990
DELISTED
RealNetworks Inc
RNWK
| $3.63M | ﹤0.01% |
1,234,278
-22,485
| -2% | -$75.6K |
|
1991
Hancock Whitney
HWC
$6.2B
| $3.62M | ﹤0.01% |
76,150
+40,480
| +113% | +$2.04M |
|
1992
Citi Trends
CTRN
$555M
| $3.62M | ﹤0.01% |
125,725
-74,350
| -37% | -$2.2M |
|
|
MN
1993
DELISTED
MANNING & NAPIER, INC.
MN
| $3.62M | ﹤0.01% |
1,225,300
+4,000
| +0.3% | +$11.6K |
|
1994
Laureate Education
LAUR
$5.28B
| $3.59M | ﹤0.01% |
232,500
-59,800
| -20% | -$920K |
|
1995
Amphastar Pharmaceuticals
AMPH
$879M
| $3.58M | ﹤0.01% |
186,100
+95,000
| +104% | +$1.69M |
|
1996
Acadia Pharmaceuticals
ACAD
$4.43B
| $3.58M | ﹤0.01% |
172,300
-50,900
| -23% | -$801K |
|
1997
Kforce
KFRC
$1.02B
| $3.57M | ﹤0.01% |
95,048
+58,299
| +159% | +$2.29M |
|
|
HOLI
1998
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $3.56M | ﹤0.01% |
166,718
+15,700
| +10% | +$342K |
|
1999
iShares Russell 2000 ETF
IWM
$79.8B
| $3.56M | ﹤0.01% |
21,100
-14,000
| -40% | -$2.36M |
|
2000
Riverview Bancorp
RVSB
$107M
| $3.53M | ﹤0.01% |
399,207
+32,807
| +9% | +$301K |
|
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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.