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 | |
|---|---|---|---|---|---|---|
2426
Axogen
AXGN
$2.27B
| $1.47M | ﹤0.01% |
+118,100
| New | +$1.94M |
|
2427
Kforce
KFRC
$1.02B
| $1.47M | ﹤0.01% |
38,949
-89,200
| -70% | -$3.08M |
|
|
FRAN
2428
DELISTED
Francesca's Holdings Corporation
FRAN
| $1.47M | ﹤0.01% |
+104,938
| New | +$661K |
|
|
DZSI
2429
DELISTED
DZS Inc. Common Stock
DZSI
| $1.47M | ﹤0.01% |
160,087
+20,390
| +15% | +$223K |
|
|
ACRE
2430
Ares Commercial Real Estate
ACRE
$236M
| $1.47M | ﹤0.01% |
96,200
-53,600
| -36% | -$817K |
|
|
EMWP
2431
DELISTED
Eros Media World PLC
EMWP
| $1.46M | ﹤0.01% |
38,261
-17,039
| -31% | -$605K |
|
|
WTT
2432
DELISTED
Wireless Telecom Group, Inc.
WTT
| $1.46M | ﹤0.01% |
1,013,883
-6,717
| -0.7% | -$10.1K |
|
2433
Greif
GEF
$4.92B
| $1.46M | ﹤0.01% |
+38,500
| New | +$1.34M |
|
2434
Northern Technologies International Corp
NTIC
$76.2M
| $1.46M | ﹤0.01% |
118,802
+3,200
| +3% | +$36.6K |
|
|
AMED
2435
DELISTED
Amedisys
AMED
| $1.45M | ﹤0.01% |
11,100
+6,600
| +147% | +$859K |
|
2436
Eagle Materials
EXP
$6.29B
| $1.45M | ﹤0.01% |
16,100
-84,100
| -84% | -$7.22M |
|
2437
Ollie's Bargain Outlet
OLLI
$4.44B
| $1.45M | ﹤0.01% |
24,700
-102,000
| -81% | -$7.65M |
|
2438
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $1.44M | ﹤0.01% |
27,300
-7,600
| -22% | -$397K |
|
|
ROAN
2439
DELISTED
Roan Resources, Inc.
ROAN
| $1.44M | ﹤0.01% |
1,170,370
+387,770
| +50% | +$505K |
|
2440
Kelly Services Class A
KELYA
$514M
| $1.44M | ﹤0.01% |
59,307
-47,501
| -44% | -$1.23M |
|
2441
Transportadora de Gas del Sur
TGS
$4.79B
| $1.43M | ﹤0.01% |
174,867
+119,691
| +217% | +$1.32M |
|
2442
Tempest Therapeutics
TPST
$13.7M
| $1.43M | ﹤0.01% |
1,032
-39
| -4% | -$63K |
|
|
TVTY
2443
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $1.43M | ﹤0.01% |
85,797
-481,900
| -85% | -$8.34M |
|
2444
Alto Ingredients
ALTO
$369M
| $1.42M | ﹤0.01% |
2,522,018
+459,941
| +22% | +$297K |
|
|
UMH
2445
UMH Properties
UMH
$1.29B
| $1.42M | ﹤0.01% |
100,900
-13,800
| -12% | -$179K |
|
2446
Princeton Bancorp
BPRN
$281M
| $1.42M | ﹤0.01% |
48,823
+5,200
| +12% | +$144K |
|
2447
Ingles Markets
IMKTA
$1.71B
| $1.42M | ﹤0.01% |
36,500
+23,300
| +177% | +$826K |
|
2448
Lincoln Educational Services
LINC
$1.33B
| $1.42M | ﹤0.01% |
680,705
-12,423
| -2% | -$25.4K |
|
|
BOCH
2449
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $1.41M | ﹤0.01% |
129,800
+7,700
| +6% | +$80.6K |
|
2450
DLH Holdings
DLHC
$70.7M
| $1.41M | ﹤0.01% |
315,970
-21,710
| -6% | -$101K |
|
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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.