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 | |
|---|---|---|---|---|---|---|
|
BBQ
2201
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $2.32M | ﹤0.01% |
474,247
-3,952
| -0.8% | -$18.3K |
|
2202
Global Ship Lease
GSL
$1.6B
| $2.32M | ﹤0.01% |
302,875
+49,900
| +20% | +$367K |
|
|
HA
2203
DELISTED
Hawaiian Holdings, Inc.
HA
| $2.31M | ﹤0.01% |
88,100
+6,000
| +7% | +$158K |
|
2204
Identive
INVE
$63.4M
| $2.31M | ﹤0.01% |
438,761
+43,291
| +11% | +$214K |
|
2205
Garrett Motion
GTX
$5.81B
| $2.3M | ﹤0.01% |
231,349
-347,051
| -60% | -$4.26M |
|
|
VRS
2206
DELISTED
Verso Corporation
VRS
| $2.3M | ﹤0.01% |
+185,800
| New | +$2.54M |
|
2207
Interparfums
IPAR
$3.99B
| $2.3M | ﹤0.01% |
32,813
-6,900
| -17% | -$458K |
|
2208
TETRA Technologies
TTI
$1.14B
| $2.29M | ﹤0.01% |
1,141,716
+406,530
| +55% | +$698K |
|
|
MN
2209
DELISTED
MANNING & NAPIER, INC.
MN
| $2.29M | ﹤0.01% |
1,219,199
+1,500
| +0.1% | +$2.66K |
|
2210
Mustang Bio
MBIO
$4.32M
| $2.29M | ﹤0.01% |
937
+216
| +30% | +$591K |
|
2211
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $2.29M | ﹤0.01% |
27,000
-23,366
| -46% | -$1.98M |
|
2212
Full House Resorts
FLL
$80.1M
| $2.29M | ﹤0.01% |
1,059,744
+49,721
| +5% | +$94.8K |
|
2213
NeoGenomics
NEO
$1.96B
| $2.29M | ﹤0.01% |
+119,500
| New | +$2.8M |
|
2214
Goldgroup Mining Inc.
GORO
$157M
| $2.28M | ﹤0.01% |
748,869
-960,761
| -56% | -$3.37M |
|
2215
Lesaka Technologies
LSAK
$396M
| $2.28M | ﹤0.01% |
638,700
-107,100
| -14% | -$390K |
|
2216
CarParts.com
PRTS
$43.7M
| $2.27M | ﹤0.01% |
146,801
+21,344
| +17% | +$285K |
|
|
FOCS
2217
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.27M | ﹤0.01% |
95,600
+56,400
| +144% | +$1.39M |
|
2218
ProPetro Holding
PUMP
$1.36B
| $2.27M | ﹤0.01% |
249,400
+42,500
| +21% | +$590K |
|
|
FCSC
2219
DELISTED
Fibrocell Science Inc.
FCSC
| $2.26M | ﹤0.01% |
763,754
+23,300
| +3% | +$47.8K |
|
2220
LeMaitre Vascular
LMAT
$2.32B
| $2.26M | ﹤0.01% |
66,100
+2,500
| +4% | +$79.9K |
|
|
RADA
2221
DELISTED
Rada Electronic Industries Ltd
RADA
| $2.25M | ﹤0.01% |
472,924
-10,044
| -2% | -$42.2K |
|
|
PPIH
2222
Perma-Pipe International
PPIH
$196M
| $2.25M | ﹤0.01% |
233,278
+16,715
| +8% | +$146K |
|
2223
Metropolitan Bank Holding Corp
MCB
$1.15B
| $2.23M | ﹤0.01% |
56,783
+14,483
| +34% | +$585K |
|
|
LBC
2224
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $2.23M | ﹤0.01% |
196,866
+17,266
| +10% | +$188K |
|
|
BCRH
2225
DELISTED
BLUE CAPITAL REINSURANCE HOLDINGS LTD.
BCRH
| $2.23M | ﹤0.01% |
301,900
+68,600
| +29% | +$516K |
|
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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.