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 | |
|---|---|---|---|---|---|---|
2176
LGL Group
LGL
$45.2M
| $2.46M | ﹤0.01% |
633,618
+56,004
| +10% | +$192K |
|
|
HMNF
2177
DELISTED
HMN Financial Inc
HMNF
| $2.45M | ﹤0.01% |
106,900
+3,200
| +3% | +$67.5K |
|
|
AVX
2178
DELISTED
AVX Corporation
AVX
| $2.45M | ﹤0.01% |
160,900
-61,700
| -28% | -$931K |
|
2179
First Bank
FRBA
$464M
| $2.44M | ﹤0.01% |
225,185
+9,366
| +4% | +$103K |
|
|
EEX
2180
DELISTED
Emerald Holding
EEX
| $2.44M | ﹤0.01% |
+250,400
| New | +$2.56M |
|
|
LTC
2181
LTC Properties
LTC
$2.06B
| $2.43M | ﹤0.01% |
47,500
-82,500
| -63% | -$3.98M |
|
|
DOO
2182
Bombardier Recreational Products
DOO
$4.54B
| $2.43M | ﹤0.01% |
62,400
+49,700
| +391% | +$1.75M |
|
2183
Intercontinental Exchange
ICE
$85.6B
| $2.43M | ﹤0.01% |
26,290
-671,600
| -96% | -$61.3M |
|
2184
S&T Bancorp
STBA
$1.84B
| $2.43M | ﹤0.01% |
66,400
-25,600
| -28% | -$931K |
|
|
SYNC
2185
DELISTED
Synacor, Inc.
SYNC
| $2.42M | ﹤0.01% |
1,729,086
+115,375
| +7% | +$168K |
|
|
TUES
2186
DELISTED
Tuesday Morning Corp
TUES
| $2.41M | ﹤0.01% |
1,535,947
+281,360
| +22% | +$441K |
|
2187
Quanta Services
PWR
$100B
| $2.4M | ﹤0.01% |
63,369
-587,330
| -90% | -$21.2M |
|
|
ALYA
2188
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $2.39M | ﹤0.01% |
808,565
+10,389
| +1% | +$29.7K |
|
|
CCRN
2189
DELISTED
Cross Country Healthcare
CCRN
| $2.39M | ﹤0.01% |
232,000
+156,500
| +207% | +$1.54M |
|
|
BGG
2190
DELISTED
Briggs & Stratton Corp.
BGG
| $2.38M | ﹤0.01% |
393,300
+282,100
| +254% | +$2.09M |
|
2191
ArcBest
ARCB
$3.23B
| $2.38M | ﹤0.01% |
78,035
-10,900
| -12% | -$314K |
|
2192
FMC
FMC
$1.34B
| $2.38M | ﹤0.01% |
27,100
-388,800
| -93% | -$33.4M |
|
2193
Virtus Investment Partners
VRTS
$1.06B
| $2.37M | ﹤0.01% |
21,429
-16,200
| -43% | -$1.74M |
|
2194
Grupo SIMEC
SIM
$4.4B
| $2.37M | ﹤0.01% |
254,000
+1,805
| +0.7% | +$16.1K |
|
|
HDS
2195
DELISTED
HD Supply Holdings, Inc.
HDS
| $2.36M | ﹤0.01% |
60,300
-225,900
| -79% | -$8.86M |
|
|
RTW
2196
DELISTED
RTW Retailwinds, Inc.
RTW
| $2.36M | ﹤0.01% |
1,724,358
+154,604
| +10% | +$242K |
|
|
TCFC
2197
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $2.36M | ﹤0.01% |
70,514
+9,300
| +15% | +$299K |
|
|
FCCY
2198
DELISTED
1st Constitution Bancorp
FCCY
| $2.36M | ﹤0.01% |
125,800
+15,700
| +14% | +$281K |
|
2199
Installed Building Products
IBP
$6.01B
| $2.35M | ﹤0.01% |
+40,903
| New | +$2.3M |
|
|
SNT
2200
Senstar Technologies
SNT
$38M
| $2.33M | ﹤0.01% |
555,076
+7,500
| +1% | +$34K |
|
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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.