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 | |
|---|---|---|---|---|---|---|
2101
CSP Inc
CSPI
$79.7M
| $2.54M | ﹤0.01% |
518,890
-11,910
| -2% | -$70.9K |
|
2102
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $2.54M | ﹤0.01% |
25,115
-81,885
| -77% | -$8.3M |
|
|
OTIC
2103
DELISTED
Otonomy, Inc.
OTIC
| $2.53M | ﹤0.01% |
1,368,841
-70,859
| -5% | -$167K |
|
|
BAS
2104
DELISTED
Basis Energy Services, Inc.
BAS
| $2.53M | ﹤0.01% |
658,500
+542,700
| +469% | +$3.98M |
|
2105
Verastem
VSTM
$510M
| $2.52M | ﹤0.01% |
+62,475
| New | +$3.81M |
|
2106
Southwest Gas
SWX
$6.47B
| $2.52M | ﹤0.01% |
+32,916
| New | +$2.64M |
|
2107
Champion Homes
SKY
$4.37B
| $2.51M | ﹤0.01% |
170,900
+5,300
| +3% | +$117K |
|
2108
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $2.5M | ﹤0.01% |
30,167
-42,933
| -59% | -$3.54M |
|
2109
Alico
ALCO
$280M
| $2.49M | ﹤0.01% |
84,497
-13,794
| -14% | -$452K |
|
2110
MacroGenics
MGNX
$235M
| $2.49M | ﹤0.01% |
196,100
+37,077
| +23% | +$622K |
|
2111
FTAI Aviation
FTAI
$21.1B
| $2.49M | ﹤0.01% |
203,194
-147,501
| -42% | -$2.06M |
|
|
AQUA
2112
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $2.49M | ﹤0.01% |
+259,000
| New | +$2.99M |
|
|
ARD
2113
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $2.47M | ﹤0.01% |
222,990
+131,590
| +144% | +$1.77M |
|
|
DRD
2114
DRDGold
DRD
$1.77B
| $2.46M | ﹤0.01% |
1,183,996
+2,825
| +0.2% | +$6.44K |
|
|
VSTO
2115
DELISTED
Vista Outdoor Inc.
VSTO
| $2.46M | ﹤0.01% |
216,900
-103,000
| -32% | -$1.35M |
|
2116
Option Care Health
OPCH
$3.45B
| $2.46M | ﹤0.01% |
+172,256
| New | +$2.27M |
|
|
MAG
2117
DELISTED
MAG Silver
MAG
| $2.46M | ﹤0.01% |
335,532
+232,932
| +227% | +$1.69M |
|
2118
Gaia
GAIA
$46.8M
| $2.46M | ﹤0.01% |
237,100
-135,800
| -36% | -$1.79M |
|
2119
Warrior Met Coal
HCC
$4.19B
| $2.45M | ﹤0.01% |
101,800
+41,700
| +69% | +$1.07M |
|
2120
Caterpillar
CAT
$375B
| $2.45M | ﹤0.01% |
19,300
+15,600
| +422% | +$2.03M |
|
2121
Companhia Siderúrgica Nacional
SID
$1.31B
| $2.44M | ﹤0.01% |
1,112,600
+719,400
| +183% | +$1.72M |
|
2122
AMES National
ATLO
$271M
| $2.44M | ﹤0.01% |
95,800
-14,965
| -14% | -$406K |
|
|
JAX
2123
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $2.44M | ﹤0.01% |
295,855
+17,655
| +6% | +$174K |
|
2124
StoneX
SNEX
$9.26B
| $2.43M | ﹤0.01% |
336,778
+252,492
| +300% | +$2.14M |
|
2125
Corvus Pharmaceuticals
CRVS
$1.12B
| $2.43M | ﹤0.01% |
662,300
+265,400
| +67% | +$1.81M |
|
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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.