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 | |
|---|---|---|---|---|---|---|
|
ACH
1926
DELISTED
Alum Corp of China Ltd
ACH
| $3.97M | ﹤0.01% |
507,200
-22,100
| -4% | -$175K |
|
|
CMCM
1927
Cheetah Mobile
CMCM
$89.4M
| $3.96M | ﹤0.01% |
220,939
+35,483
| +19% | +$638K |
|
1928
Modine Manufacturing
MOD
$10.4B
| $3.95M | ﹤0.01% |
347,609
+92,600
| +36% | +$1.1M |
|
1929
FB Financial Corp
FBK
$3.05B
| $3.95M | ﹤0.01% |
105,200
+17,700
| +20% | +$653K |
|
1930
Helios Technologies
HLIO
$2.65B
| $3.94M | ﹤0.01% |
97,250
-34,100
| -26% | -$1.48M |
|
|
AVID
1931
DELISTED
Avid Technology Inc
AVID
| $3.94M | ﹤0.01% |
635,667
+235,203
| +59% | +$1.84M |
|
1932
Tyson Foods
TSN
$21B
| $3.93M | ﹤0.01% |
+45,600
| New | +$3.88M |
|
1933
Select Water Solutions
WTTR
$2.29B
| $3.92M | ﹤0.01% |
+453,085
| New | +$4.15M |
|
1934
Agios Pharmaceuticals
AGIO
$1.82B
| $3.92M | ﹤0.01% |
121,000
+70,700
| +141% | +$2.93M |
|
|
SOGO
1935
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $3.9M | ﹤0.01% |
+789,800
| New | +$3.39M |
|
1936
Inseego
INSG
$120M
| $3.9M | ﹤0.01% |
81,181
-109,929
| -58% | -$5.11M |
|
1937
Alpha Pro Tech
APT
$50.4M
| $3.89M | ﹤0.01% |
1,078,628
-19,658
| -2% | -$68.8K |
|
1938
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $3.89M | ﹤0.01% |
82,125
+67,525
| +463% | +$3.2M |
|
1939
Genie Energy
GNE
$373M
| $3.89M | ﹤0.01% |
521,397
-15,000
| -3% | -$131K |
|
1940
Byline Bancorp
BY
$1.81B
| $3.87M | ﹤0.01% |
216,500
+63,400
| +41% | +$1.15M |
|
|
PE
1941
DELISTED
PARSLEY ENERGY INC
PE
| $3.87M | ﹤0.01% |
230,400
-64,200
| -22% | -$1.1M |
|
|
CTO
1942
CTO Realty Growth
CTO
$827M
| $3.87M | ﹤0.01% |
217,356
+89,153
| +70% | +$1.53M |
|
|
PEGI
1943
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $3.87M | ﹤0.01% |
143,600
+64,900
| +82% | +$1.64M |
|
1944
Global Indemnity Group
GBLI
$402M
| $3.86M | ﹤0.01% |
154,764
+12,530
| +9% | +$339K |
|
1945
Service Corp International
SCI
$11.7B
| $3.85M | ﹤0.01% |
80,500
-585,730
| -88% | -$27.5M |
|
|
CASA
1946
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $3.84M | ﹤0.01% |
489,100
-28,000
| -5% | -$188K |
|
1947
Spectrum Brands
SPB
$2.04B
| $3.84M | ﹤0.01% |
+72,796
| New | +$3.8M |
|
|
ITIC
1948
Investors Title Co
ITIC
$551M
| $3.83M | ﹤0.01% |
23,900
+800
| +3% | +$124K |
|
1949
Impinj
PI
$4.93B
| $3.77M | ﹤0.01% |
122,200
+63,800
| +109% | +$2.23M |
|
1950
inTEST
INTT
$167M
| $3.77M | ﹤0.01% |
809,934
+25,477
| +3% | +$114K |
|
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.