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 | |
|---|---|---|---|---|---|---|
|
SMTA
2151
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $2.56M | ﹤0.01% |
303,611
+181,788
| +149% | +$1.54M |
|
2152
Whirlpool
WHR
$2.43B
| $2.56M | ﹤0.01% |
+16,157
| New | +$2.32M |
|
|
SBBX
2153
DELISTED
SB One Bancorp Common Stock
SBBX
| $2.56M | ﹤0.01% |
113,300
+12,400
| +12% | +$282K |
|
2154
Cohen & Steers
CNS
$4.23B
| $2.54M | ﹤0.01% |
46,300
-9,900
| -18% | -$524K |
|
2155
Hovnanian Enterprises
HOV
$726M
| $2.53M | ﹤0.01% |
131,415
-121,402
| -48% | -$1.16M |
|
|
LEJU
2156
DELISTED
Leju Holdings Limited American Depositary Shares, each representing ten (10) Ordinary Shares
LEJU
| $2.53M | ﹤0.01% |
129,716
+8,523
| +7% | +$127K |
|
2157
Artivion
AORT
$1.3B
| $2.53M | ﹤0.01% |
93,100
-18,690
| -17% | -$529K |
|
2158
Citizens
CIA
$239M
| $2.53M | ﹤0.01% |
368,000
+81,200
| +28% | +$568K |
|
|
TTSH
2159
DELISTED
Tile Shop Holdings
TTSH
| $2.52M | ﹤0.01% |
790,900
+275,300
| +53% | +$841K |
|
2160
Acadia Realty Trust
AKR
$3.09B
| $2.52M | ﹤0.01% |
88,242
+13,742
| +18% | +$383K |
|
2161
Ecovyst
ECVT
$1.32B
| $2.52M | ﹤0.01% |
158,200
+49,000
| +45% | +$750K |
|
2162
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.05B
| $2.51M | ﹤0.01% |
85,612
+23,912
| +39% | +$699K |
|
2163
Ascent Industries
ACNT
$140M
| $2.5M | ﹤0.01% |
156,700
-2,000
| -1% | -$32K |
|
|
BIG
2164
DELISTED
Big Lots, Inc.
BIG
| $2.5M | ﹤0.01% |
102,000
-114,400
| -53% | -$2.72M |
|
|
QUMU
2165
DELISTED
Qumu Corp.
QUMU
| $2.5M | ﹤0.01% |
766,154
+783
| +0.1% | +$2.75K |
|
|
KW
2166
DELISTED
Kennedy-Wilson Holdings
KW
| $2.48M | ﹤0.01% |
113,300
+40,200
| +55% | +$856K |
|
2167
EQT Corp
EQT
$33.3B
| $2.48M | ﹤0.01% |
233,364
+11,000
| +5% | +$142K |
|
2168
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.61B
| $2.48M | ﹤0.01% |
51,446
+16,618
| +48% | +$801K |
|
2169
Innospec
IOSP
$2.12B
| $2.48M | ﹤0.01% |
27,800
+23,600
| +562% | +$2.12M |
|
2170
Beazer Homes USA
BZH
$877M
| $2.48M | ﹤0.01% |
166,200
+43,900
| +36% | +$529K |
|
|
CTB
2171
DELISTED
Cooper Tire & Rubber Co.
CTB
| $2.47M | ﹤0.01% |
94,700
-119,800
| -56% | -$3.18M |
|
|
SSKN
2172
DELISTED
Strata Skin Sciences
SSKN
| $2.47M | ﹤0.01% |
114,951
+4,939
| +4% | +$116K |
|
|
HMSY
2173
DELISTED
HMS Holdings Corp.
HMSY
| $2.47M | ﹤0.01% |
71,700
-303,712
| -81% | -$11M |
|
2174
Seneca Foods Class A
SENEA
$1.12B
| $2.46M | ﹤0.01% |
78,900
+17,300
| +28% | +$499K |
|
2175
Yelp
YELP
$1.45B
| $2.46M | ﹤0.01% |
70,800
-181,300
| -72% | -$6.27M |
|
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.