RENAISSANCERE HOLDINGS LTD

Wealth advisor Mechanical financials specialist (100%) CIK 913144
Long book
$406.3M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+4.9%
SPY +14.8%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

RENAISSANCERE HOLDINGS LTD is a wealth-management firm allocating client money, specialised in financials (100% of the long book), running a $406.3M US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES HIGH YIELD SYSTEMATI, ESSENT GROUP LTD, VANECK RAR EARTH ND STG-USDI, UNIVERSAL INSURANCE HOLDINGS, TRUPANION INC.

Over the last 9 quarters its long book ran on average 2.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-4.6%
Q2 2024
+17.2%
Q3 2024
-11.3%
Q4 2024
+4.1%
Q1 2025
+3.6%
Q2 2025
+2.1%
Q3 2025
+1.9%
Q4 2025
-1.8%
Q1 2026
+4.9%

Sector allocation

Financials
100%

Long book by quarter

$118.3M
Q1 2024
$112.3M
Q2 2024
$131.1M
Q3 2024
$115.7M
Q4 2024
$625.8M
Q1 2025
$640.2M
Q2 2025
$741.2M
Q3 2025
$744.2M
Q4 2025
$406.3M
Q1 2026

What does RENAISSANCERE HOLDINGS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ESNT ESSENT GROUP LTDFinancials1.7M$97.4M24.0%Held
UVE UNIVERSAL INSURANCE HOLDINGSFinancials583.8K$19.9M4.9%Held
TRUP TRUPANION INCFinancials263.0K$6.7M1.7%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20265$406.3M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20265$744.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 20255$741.2M canonicalSEC ↗
Q2 202513F-HRAug 11, 20255$640.2M canonicalSEC ↗
Q1 202513F-HRMay 12, 20255$625.8M canonicalSEC ↗
Q4 202413F-HRApr 24, 20253$115.7M canonicalSEC ↗
Q3 202413F-HRApr 24, 20253$131.1M canonicalSEC ↗
Q2 202413F-HRApr 24, 20253$112.3M canonicalSEC ↗
Q1 202413F-HRApr 24, 20253$118.3M canonicalSEC ↗