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 | |
|---|---|---|---|---|---|---|
|
PBIP
1576
DELISTED
Prudential Bancorp, Inc.
PBIP
| $7.49M | 0.01% |
440,300
+2,510
| +0.6% | +$43.3K |
|
|
HTLF
1577
DELISTED
Heartland Financial USA, Inc.
HTLF
| $7.49M | 0.01% |
167,400
-41,200
| -20% | -$1.84M |
|
1578
Pebblebrook Hotel Trust
PEB
$2.15B
| $7.48M | 0.01% |
+268,900
| New | +$7.38M |
|
1579
Amphenol
APH
$198B
| $7.48M | 0.01% |
310,000
-2,043,600
| -87% | -$47.1M |
|
1580
First Northwest Bancorp
FNWB
$109M
| $7.46M | 0.01% |
430,905
+46,200
| +12% | +$752K |
|
|
PVLA
1581
Palvella Therapeutics
PVLA
$1.99B
| $7.46M | 0.01% |
27,353
+244
| +0.9% | +$94.5K |
|
1582
Laureate Education
LAUR
$5.28B
| $7.43M | 0.01% |
448,400
+61,224
| +16% | +$1.03M |
|
1583
e.l.f. Beauty
ELF
$4.89B
| $7.41M | 0.01% |
423,400
+114,700
| +37% | +$1.91M |
|
|
RTL
1584
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $7.39M | 0.01% |
529,733
+395,900
| +296% | +$4.82M |
|
|
DRRX
1585
DELISTED
DURECT Corp
DRRX
| $7.38M | 0.01% |
401,152
+80,363
| +25% | +$1.09M |
|
1586
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $7.38M | 0.01% |
84,600
-31,900
| -27% | -$2.77M |
|
1587
Enpro
NPO
$6.63B
| $7.37M | 0.01% |
107,300
+96,000
| +850% | +$6.23M |
|
1588
Vaalco Energy
EGY
$570M
| $7.36M | 0.01% |
3,626,355
+30,198
| +0.8% | +$53.2K |
|
1589
Regal Rexnord
RRX
$13.7B
| $7.35M | 0.01% |
100,900
-85,700
| -46% | -$6.47M |
|
|
ASRT
1590
DELISTED
Assertio
ASRT
| $7.33M | 0.01% |
95,438
+10,627
| +13% | +$1.38M |
|
1591
G. Willi-Food International
WILC
$373M
| $7.31M | 0.01% |
664,812
+300
| +0% | +$3.11K |
|
1592
Huntsman Corp
HUN
$1.71B
| $7.31M | 0.01% |
+314,300
| New | +$6.49M |
|
|
ACH
1593
Accendra Health
ACH
$237M
| $7.28M | 0.01% |
1,253,034
+426,484
| +52% | +$1.91M |
|
|
MRC
1594
DELISTED
MRC Global
MRC
| $7.28M | 0.01% |
+599,900
| New | +$8.47M |
|
|
OXFD
1595
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $7.28M | 0.01% |
437,576
-118,424
| -21% | -$1.64M |
|
|
SGI
1596
Somnigroup International
SGI
$13.7B
| $7.27M | 0.01% |
376,800
-256,800
| -41% | -$4.93M |
|
|
PLYM
1597
DELISTED
Plymouth Industrial REIT
PLYM
| $7.27M | 0.01% |
396,705
+183,500
| +86% | +$3.41M |
|
1598
Sociedad Química y Minera de Chile
SQM
$19.2B
| $7.25M | 0.01% |
+260,700
| New | +$7.19M |
|
|
SMMF
1599
DELISTED
Summit Financial Group, Inc.
SMMF
| $7.23M | 0.01% |
282,435
+7,081
| +3% | +$183K |
|
1600
Northrim BanCorp
NRIM
$590M
| $7.22M | 0.01% |
728,000
-16,400
| -2% | -$153K |
|
Similar funds
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.