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 |
Apple
AAPL
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Hurco Companies Inc
HURC
$137M
| $3.79M | ﹤0.01% |
106,482
-3,500
| -3% | -$132K |
|
|
PACW
1977
DELISTED
PacWest Bancorp
PACW
| $3.79M | ﹤0.01% |
97,500
-89,400
| -48% | -$3.46M |
|
1978
inTEST
INTT
$155M
| $3.77M | ﹤0.01% |
784,457
-3,153
| -0.4% | -$18.2K |
|
|
MGIC
1979
DELISTED
Magic Software Enterprises
MGIC
| $3.76M | ﹤0.01% |
419,134
+8,769
| +2% | +$78.3K |
|
1980
Air T
AIRT
$75.4M
| $3.75M | ﹤0.01% |
214,111
-4,651
| -2% | -$85.4K |
|
1981
Alpha Pro Tech
APT
$50.7M
| $3.75M | ﹤0.01% |
1,098,286
-35,289
| -3% | -$126K |
|
1982
NBT Bancorp
NBTB
$2.75B
| $3.74M | ﹤0.01% |
99,800
-30,900
| -24% | -$1.15M |
|
1983
LCNB Corp
LCNB
$286M
| $3.74M | ﹤0.01% |
196,916
+30,600
| +18% | +$523K |
|
|
GRFS
1984
Grifois
GRFS
$5.58B
| $3.74M | ﹤0.01% |
177,104
-107,600
| -38% | -$2.05M |
|
1985
Spyre Therapeutics
SYRE
$8.81B
| $3.73M | ﹤0.01% |
21,800
+3,648
| +20% | +$631K |
|
1986
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $3.73M | ﹤0.01% |
124,205
-137,695
| -53% | -$4.1M |
|
|
OSG
1987
Octave Specialty Group
OSG
$250M
| $3.72M | ﹤0.01% |
221,000
-64,200
| -23% | -$1.1M |
|
1988
Superior Group of Companies
SGC
$192M
| $3.72M | ﹤0.01% |
217,000
-17,800
| -8% | -$304K |
|
1989
Oneok
OKE
$56.1B
| $3.71M | ﹤0.01% |
+53,914
| New | +$3.63M |
|
1990
Perion Network
PERI
$377M
| $3.71M | ﹤0.01% |
1,274,659
+66,340
| +5% | +$199K |
|
|
PCSB
1991
DELISTED
PCSB Financial Corporation
PCSB
| $3.71M | ﹤0.01% |
182,976
-1,800
| -1% | -$34.9K |
|
|
AVX
1992
DELISTED
AVX Corporation
AVX
| $3.69M | ﹤0.01% |
222,600
+115,400
| +108% | +$1.9M |
|
1993
Minerva Neurosciences
NERV
$187M
| $3.69M | ﹤0.01% |
82,025
+16,587
| +25% | +$830K |
|
|
HI
1994
DELISTED
Hillenbrand
HI
| $3.69M | ﹤0.01% |
93,300
+27,990
| +43% | +$1.12M |
|
|
JAX
1995
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $3.69M | ﹤0.01% |
328,705
+40,505
| +14% | +$435K |
|
1996
Aegon
AEG
$14B
| $3.68M | ﹤0.01% |
837,611
+270,387
| +48% | +$1.15M |
|
1997
iShares MSCI Japan ETF
EWJ
$22.1B
| $3.68M | ﹤0.01% |
67,400
+39,900
| +145% | +$2.17M |
|
1998
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $3.67M | ﹤0.01% |
131,939
-47,261
| -26% | -$1.3M |
|
|
GAU
1999
Galiano Gold
GAU
$468M
| $3.66M | ﹤0.01% |
5,849,336
+803,716
| +16% | +$486K |
|
2000
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.85B
| $3.66M | ﹤0.01% |
+129,800
| New | +$3.45M |
|
Similar funds
Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.