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
|
+$535M |
| 2 |
Meta Platforms (Facebook)
META
|
+$388M |
| 3 |
SLB Ltd
SLB
|
+$348M |
| 4 |
Visa
V
|
+$230M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Danaher
DHR
|
+$350M |
| 2 |
Chevron
CVX
|
+$349M |
| 3 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$337M |
| 4 |
Dell
DELL
|
+$332M |
| 5 |
SODA
SodaStream International Ltd
SODA
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.48% |
| 2 | Technology | 13.21% |
| 3 | Financials | 10.74% |
| 4 | Real Estate | 9.97% |
| 5 | Utilities | 9.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ARR
2051
Armour Residential REIT
ARR
$2.33B
| $2.87M | ﹤0.01% |
28,004
-6,300
| -18% | -$680K |
|
2052
Perion Network
PERI
$375M
| $2.86M | ﹤0.01% |
1,099,442
+56,294
| +5% | +$158K |
|
2053
iShares MSCI Mexico ETF
EWW
$1.92B
| $2.86M | ﹤0.01% |
+69,400
| New | +$3.02M |
|
2054
Citi Trends
CTRN
$555M
| $2.86M | ﹤0.01% |
140,125
+14,400
| +11% | +$341K |
|
2055
Northern Oil and Gas
NOG
$2.3B
| $2.85M | ﹤0.01% |
125,948
+113,193
| +887% | +$3.33M |
|
2056
Banner Corp
BANR
$2.39B
| $2.83M | ﹤0.01% |
52,889
-11,210
| -17% | -$651K |
|
|
ADMS
2057
DELISTED
Adamas Pharmaceuticals
ADMS
| $2.81M | ﹤0.01% |
+329,081
| New | +$4.28M |
|
|
DALN
2058
DELISTED
DallasNews
DALN
| $2.81M | ﹤0.01% |
208,200
+588
| +0.3% | +$10.3K |
|
2059
Silvercrest Asset Management
SAMG
$79M
| $2.81M | ﹤0.01% |
212,200
-23,100
| -10% | -$321K |
|
2060
Great Elm Group
GEG
$67.4M
| $2.81M | ﹤0.01% |
830,109
-34,300
| -4% | -$117K |
|
|
CPLG
2061
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $2.79M | ﹤0.01% |
228,148
+1,048
| +0.5% | +$15.8K |
|
2062
Gibraltar Industries
ROCK
$1.25B
| $2.78M | ﹤0.01% |
78,200
-117,100
| -60% | -$4.27M |
|
2063
Triumph Financial Inc
TFIN
$1.81B
| $2.76M | ﹤0.01% |
92,900
-91,800
| -50% | -$3.24M |
|
2064
Genie Energy
GNE
$367M
| $2.76M | ﹤0.01% |
456,997
+68,000
| +17% | +$427K |
|
2065
Commercial Metals
CMC
$7.6B
| $2.75M | ﹤0.01% |
171,500
-63,200
| -27% | -$1.18M |
|
|
TTPH
2066
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $2.75M | ﹤0.01% |
121,474
+77,813
| +178% | +$3.04M |
|
2067
Lazard
LAZ
$4.13B
| $2.74M | ﹤0.01% |
74,300
-49,900
| -40% | -$1.99M |
|
|
ORC
2068
Orchid Island Capital
ORC
$1.3B
| $2.74M | ﹤0.01% |
85,780
+3,520
| +4% | +$117K |
|
2069
TTM Technologies
TTMI
$12B
| $2.73M | ﹤0.01% |
280,369
-35,137
| -11% | -$431K |
|
|
RPT
2070
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $2.73M | ﹤0.01% |
228,201
+55,801
| +32% | +$737K |
|
2071
Chemung Financial Corp
CHMG
$393M
| $2.72M | ﹤0.01% |
65,800
-4,775
| -7% | -$202K |
|
|
RNWK
2072
DELISTED
RealNetworks Inc
RNWK
| $2.71M | ﹤0.01% |
1,173,278
-61,000
| -5% | -$142K |
|
2073
Kamada
KMDA
$412M
| $2.7M | ﹤0.01% |
540,629
-7,471
| -1% | -$40.2K |
|
|
FENG
2074
Phoenix New Media
FENG
$18.3M
| $2.7M | ﹤0.01% |
140,648
-40,017
| -22% | -$819K |
|
2075
Visteon
VC
$2.79B
| $2.69M | ﹤0.01% |
44,700
+26,300
| +143% | +$1.98M |
|
Similar funds
Renaissance Technologies's Q4 2018 Portfolio in Review
As of Q4 2018, Renaissance Technologies held 3,847 positions worth $91.3B, down 6.1% from $97.3B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies deployed $8.84B of net new capital in Q4 2018, opening 522 new positions and adding to 1,588 existing holdings. Its largest new stake was Apple: 11,041,936 shares worth $435M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 18% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dell, an estimated $332M trimmed.
- Renaissance Technologies's largest Q4 2018 buy was Apple: 11,041,936 shares worth $435M.
- Renaissance Technologies added most to Meta Platforms (Facebook) in Q4 2018, an estimated $388M increase.
- Renaissance Technologies's biggest Q4 2018 reduction was Dell, cutting an estimated $332M.
- Renaissance Technologies fully exited Danaher in Q4 2018, selling an estimated $350M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $91.3B portfolio in Q4 2018.
- Renaissance Technologies opened 522 new positions and closed 504 in Q4 2018.
- Renaissance Technologies's portfolio value fell 6.1% quarter-over-quarter to $91.3B.
Based on Renaissance Technologies's 13F filing for Q4 2018, filed 13 Feb 2019.