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 |
CELG
Celgene Corp
CELG
|
+$628M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$567M |
| 3 |
Biogen
BIIB
|
+$405M |
| 4 |
UnitedHealth
UNH
|
+$392M |
| 5 |
Walmart Inc
WMT
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$451M |
| 2 |
PepsiCo
PEP
|
+$382M |
| 3 |
Philip Morris
PM
|
+$256M |
| 4 |
Roku
ROKU
|
+$252M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.91% |
| 2 | Technology | 12.35% |
| 3 | Consumer Discretionary | 10.31% |
| 4 | Financials | 9.99% |
| 5 | Consumer Staples | 8.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
Ponce Financial Group
PDLB
$488M
| $2.22M | ﹤0.01% |
220,287
+53,707
| +32% | +$546K |
|
|
MLNT
2227
DELISTED
Melinta Therapeutics, Inc. Common Stock
MLNT
| $2.22M | ﹤0.01% |
582,632
+338,700
| +139% | +$1.22M |
|
2228
FerroAtlántica
GSM
$594M
| $2.21M | ﹤0.01% |
1,959,191
+986,491
| +101% | +$1.38M |
|
2229
Weyco Group
WEYS
$372M
| $2.21M | ﹤0.01% |
97,800
+10,300
| +12% | +$257K |
|
|
BOLD
2230
DELISTED
Audentes Therapeutics, Inc
BOLD
| $2.21M | ﹤0.01% |
+78,700
| New | +$2.69M |
|
|
BAS
2231
DELISTED
Basis Energy Services, Inc.
BAS
| $2.21M | ﹤0.01% |
1,532,409
+362,509
| +31% | +$608K |
|
2232
Fabrinet
FN
$15.6B
| $2.2M | ﹤0.01% |
42,000
-37,800
| -47% | -$1.98M |
|
|
RLH
2233
DELISTED
Red Lions Hotel Corporation
RLH
| $2.19M | ﹤0.01% |
338,690
-31,388
| -8% | -$196K |
|
2234
Neurogene
NGNE
$656M
| $2.19M | ﹤0.01% |
38,392
+14,248
| +59% | +$869K |
|
2235
Talos Energy
TALO
$2.53B
| $2.19M | ﹤0.01% |
107,638
-214,300
| -67% | -$4.65M |
|
2236
Celldex Therapeutics
CLDX
$2.99B
| $2.19M | ﹤0.01% |
1,026,285
+114,000
| +12% | +$264K |
|
|
VISN
2237
Vistance Networks Inc
VISN
$2.65B
| $2.18M | ﹤0.01% |
+185,200
| New | +$2.39M |
|
2238
Innovative Solutions & Support
ISSC
$327M
| $2.18M | ﹤0.01% |
463,307
+40,531
| +10% | +$203K |
|
|
OSG
2239
Octave Specialty Group
OSG
$243M
| $2.16M | ﹤0.01% |
110,300
-110,700
| -50% | -$2.03M |
|
|
SBT
2240
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $2.16M | ﹤0.01% |
220,905
+70,705
| +47% | +$688K |
|
2241
3D Systems Corp
DDD
$431M
| $2.15M | ﹤0.01% |
+264,450
| New | +$2.13M |
|
2242
Griffon
GFF
$3.95B
| $2.15M | ﹤0.01% |
102,500
-27,000
| -21% | -$482K |
|
2243
Trustmark
TRMK
$2.76B
| $2.14M | ﹤0.01% |
62,804
-96,200
| -61% | -$3.24M |
|
2244
BK Technologies
BKTI
$300M
| $2.14M | ﹤0.01% |
127,220
+880
| +0.7% | +$17.2K |
|
|
PFIE
2245
DELISTED
Profire Energy, Inc
PFIE
| $2.13M | ﹤0.01% |
1,128,465
+4,265
| +0.4% | +$6.5K |
|
|
LSXMK
2246
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $2.13M | ﹤0.01% |
66,698
-26,127
| -28% | -$812K |
|
2247
Aclaris Therapeutics
ACRS
$726M
| $2.13M | ﹤0.01% |
1,968,716
+1,269,136
| +181% | +$1.8M |
|
|
VOXX
2248
DELISTED
VOXX International Corporation Class A
VOXX
| $2.13M | ﹤0.01% |
452,043
+89,419
| +25% | +$414K |
|
|
BEDU
2249
DELISTED
Bright Scholar Education Holdings
BEDU
| $2.12M | ﹤0.01% |
54,900
+21,825
| +66% | +$822K |
|
|
LTXB
2250
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $2.12M | ﹤0.01% |
48,747
-21,733
| -31% | -$903K |
|
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Renaissance Technologies's Q3 2019 Portfolio in Review
As of Q3 2019, Renaissance Technologies held 3,920 positions worth $118B, up 4% from $114B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $5.29B of net new capital in Q3 2019, opening 406 new positions and adding to 1,848 existing holdings. Its largest new stake was UnitedHealth: 1,624,826 shares worth $353M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $451M trimmed.
- Renaissance Technologies's largest Q3 2019 buy was UnitedHealth: 1,624,826 shares worth $353M.
- Renaissance Technologies added most to Celgene Corp in Q3 2019, an estimated $628M increase.
- Renaissance Technologies's biggest Q3 2019 reduction was Apple, cutting an estimated $451M.
- Renaissance Technologies fully exited Red Hat Inc in Q3 2019, selling an estimated $248M.
- Renaissance Technologies's ten largest holdings make up 11% of its $118B portfolio in Q3 2019.
- Renaissance Technologies opened 406 new positions and closed 522 in Q3 2019.
- Renaissance Technologies's portfolio value rose 4% quarter-over-quarter to $118B.
Based on Renaissance Technologies's 13F filing for Q3 2019, filed 13 Nov 2019.