Renaissance Technologies’ Return, AUM, and Holdings

Discussion in 'Wall St. News' started by dealmaker, Feb 9, 2019.

  1. dealmaker

    dealmaker

    Renaissance Technologies’ Return, AUM, and Holdings
    Published on February 9, 2019 at 3:34 pm by NINA ZDINJAK in Hedge Fund Analysis,Hedge Funds,News




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    Our analysis indicates that an equal weighted portfolio of RenTec’s top 5 stock picks generated a monthly return of 1.15% during the 10 year period between 2008 and 2017, and outperformed the S&P 500 Total Return Index by 37 basis points per month.So, it pays off to pay attention to RenTec’s top 5 picks even though this is a quant fund.

    https://www.insidermonkey.com/blog/renaissance-technologies-return-aum-and-holdings-695407/
     
    schweiz likes this.
  2. It will be more interesting to know how they did that ...or what their market predictions for 2019
     
  3. My understanding is they don't predict too far ahead.
     
  4. Holdings seemed nothing special at all.
     
  5. Too bad it's not possible to see Medallion's holdings.
     
  6. The big question is whether their quants actually work (? which I am skeptical as history tells that it won't work e.g. LTCM, pair trading) or have they found out a proxy to capture a good market timing to initiate their trades/or consider making investment.