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 |
Starbucks
SBUX
|
+$618M |
| 2 |
Vale
VALE
|
+$332M |
| 3 |
CELG
Celgene Corp
CELG
|
+$309M |
| 4 |
CME Group
CME
|
+$306M |
| 5 |
Amazon
AMZN
|
+$290M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$435M |
| 2 |
Meta Platforms (Facebook)
META
|
+$342M |
| 3 |
Crown Castle
CCI
|
+$244M |
| 4 |
SLB Ltd
SLB
|
+$229M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.17% |
| 2 | Technology | 14.41% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Financials | 10.51% |
| 5 | Real Estate | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Canadian Imperial Bank of Commerce
CM
$106B
| $92.3M | 0.08% |
2,334,928
-33,400
| -1% | -$1.39M |
|
|
ALE
277
DELISTED
Allete
ALE
| $92.1M | 0.08% |
1,119,706
+40,399
| +4% | +$3.18M |
|
278
NVR
NVR
$17.1B
| $91.9M | 0.08% |
33,220
+16,640
| +100% | +$43.8M |
|
279
CorVel
CRVL
$3.18B
| $91.6M | 0.08% |
4,213,230
-35,670
| -0.8% | -$762K |
|
280
Televisa
TV
$1.49B
| $91.1M | 0.08% |
8,232,525
+3,885,101
| +89% | +$46.1M |
|
281
Occidental Petroleum
OXY
$55.7B
| $90.9M | 0.08% |
1,373,548
+410,600
| +43% | +$27.1M |
|
282
Trade Desk
TTD
$8.97B
| $90.9M | 0.08% |
4,592,000
+953,000
| +26% | +$15.6M |
|
283
Shake Shack
SHAK
$2.54B
| $90.4M | 0.08% |
1,529,100
+330,700
| +28% | +$16.9M |
|
284
Innoviva
INVA
$1.6B
| $90.4M | 0.08% |
6,445,288
+332,580
| +5% | +$5.39M |
|
|
PINC
285
DELISTED
Premier
PINC
| $90.4M | 0.08% |
2,620,109
+485,000
| +23% | +$17.9M |
|
286
NovoCure
NVCR
$1.77B
| $89.4M | 0.08% |
1,856,270
+785,800
| +73% | +$37.8M |
|
|
AVTA
287
DELISTED
Avantax, Inc. Common Stock
AVTA
| $89.4M | 0.08% |
2,678,700
+8,100
| +0.3% | +$236K |
|
|
BBBY
288
DELISTED
Bed Bath & Beyond Inc
BBBY
| $88.7M | 0.08% |
5,222,860
+4,434,800
| +563% | +$67M |
|
289
Allison Transmission
ALSN
$9.51B
| $88.4M | 0.08% |
1,968,900
+574,900
| +41% | +$27.3M |
|
290
Boeing
BA
$169B
| $87.8M | 0.08% |
230,200
+63,800
| +38% | +$24.6M |
|
291
Morningstar
MORN
$7.55B
| $87.7M | 0.08% |
696,270
+4,700
| +0.7% | +$565K |
|
292
HubSpot
HUBS
$12.9B
| $87.3M | 0.08% |
525,000
+273,900
| +109% | +$43.4M |
|
|
MIME
293
DELISTED
Mimecast Limited
MIME
| $87.1M | 0.08% |
1,840,500
+199,800
| +12% | +$8.4M |
|
|
PPL
294
PPL Corp
PPL
$26.9B
| $86.8M | 0.08% |
2,735,400
+1,025,600
| +60% | +$31.9M |
|
295
Coca-Cola Femsa
KOF
$22.5B
| $86.8M | 0.08% |
1,315,100
+80,300
| +7% | +$5.03M |
|
296
Zebra Technologies
ZBRA
$13.5B
| $86.7M | 0.08% |
413,731
+315,500
| +321% | +$59.4M |
|
|
XYZ
297
Block Inc
XYZ
$48.9B
| $86.5M | 0.08% |
1,154,900
-387,900
| -25% | -$28.1M |
|
298
Chemed
CHE
$7.16B
| $86.4M | 0.08% |
270,000
+10,300
| +4% | +$3.16M |
|
299
American Water Works
AWK
$27B
| $86.4M | 0.08% |
828,600
-315,602
| -28% | -$31M |
|
300
Macy's
M
$6.51B
| $86.3M | 0.08% |
+3,593,264
| New | +$90.7M |
|
Similar funds
Renaissance Technologies's Q1 2019 Portfolio in Review
As of Q1 2019, Renaissance Technologies held 3,883 positions worth $110B, up 20% from $91.3B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
Renaissance Technologies deployed $7.09B of net new capital in Q1 2019, opening 532 new positions and adding to 1,751 existing holdings. Its largest new stake was Amazon: 3,483,100 shares worth $310M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $342M trimmed.
- Renaissance Technologies's largest Q1 2019 buy was Amazon: 3,483,100 shares worth $310M.
- Renaissance Technologies added most to Starbucks in Q1 2019, an estimated $618M increase.
- Renaissance Technologies's biggest Q1 2019 reduction was Meta Platforms (Facebook), cutting an estimated $342M.
- Renaissance Technologies fully exited Apple in Q1 2019, selling an estimated $435M.
- Renaissance Technologies's ten largest holdings make up 8.7% of its $110B portfolio in Q1 2019.
- Renaissance Technologies opened 532 new positions and closed 465 in Q1 2019.
- Renaissance Technologies's portfolio value rose 20% quarter-over-quarter to $110B.
Based on Renaissance Technologies's 13F filing for Q1 2019, filed 14 May 2019.