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 |
ExxonMobil
XOM
|
+$521M |
| 2 |
Becton Dickinson
BDX
|
+$411M |
| 3 |
GE Aerospace
GE
|
+$361M |
| 4 |
IBM
IBM
|
+$305M |
| 5 |
Philip Morris
PM
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$455M |
| 2 |
NetEase
NTES
|
+$451M |
| 3 |
Medtronic
MDT
|
+$398M |
| 4 |
NVIDIA
NVDA
|
+$348M |
| 5 |
Netflix
NFLX
|
+$332M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.06% |
| 2 | Technology | 13.71% |
| 3 | Financials | 10.21% |
| 4 | Industrials | 9.72% |
| 5 | Consumer Discretionary | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Synopsys
SNPS
$71.5B
| $90.1M | 0.1% |
1,056,634
+74,100
| +8% | +$6.41M |
|
227
Corcept Therapeutics
CORT
$10.2B
| $89.5M | 0.1% |
4,954,500
+1,284,745
| +35% | +$23.3M |
|
|
BERY
228
DELISTED
Berry Global Group, Inc.
BERY
| $88.6M | 0.1% |
1,644,722
+209,632
| +15% | +$11.4M |
|
229
Yum China
YUMC
$14.9B
| $88M | 0.1% |
2,199,400
-210,500
| -9% | -$8.66M |
|
230
Willis Towers Watson
WTW
$27.9B
| $87.7M | 0.1% |
582,220
-4,400
| -0.8% | -$695K |
|
231
FedEx
FDX
$74.5B
| $87.3M | 0.1% |
349,800
-930,400
| -73% | -$213M |
|
232
CarMax
KMX
$8.27B
| $86.6M | 0.1% |
1,350,400
+200,600
| +17% | +$14.3M |
|
233
Logitech
LOGI
$15.2B
| $86.1M | 0.09% |
2,559,142
-60,500
| -2% | -$2.12M |
|
234
Xcel Energy
XEL
$51B
| $86M | 0.09% |
1,787,700
+703,000
| +65% | +$34.9M |
|
235
Evercore
EVR
$13.1B
| $85.9M | 0.09% |
954,800
-72,700
| -7% | -$6.06M |
|
236
Copa Holdings
CPA
$5.56B
| $85.7M | 0.09% |
639,500
+232,900
| +57% | +$30.3M |
|
237
Green Dot
GDOT
$753M
| $85.7M | 0.09% |
1,422,090
+32,890
| +2% | +$1.93M |
|
238
RingCentral
RNG
$4.05B
| $85.6M | 0.09% |
1,769,500
+228,200
| +15% | +$10.4M |
|
|
SODA
239
DELISTED
SodaStream International Ltd
SODA
| $85.4M | 0.09% |
1,214,000
+191,500
| +19% | +$12.7M |
|
240
Quest Diagnostics
DGX
$25.1B
| $85.2M | 0.09% |
865,200
+146,100
| +20% | +$13.9M |
|
241
Emerson Electric
EMR
$82.9B
| $84.3M | 0.09% |
1,209,800
+597,300
| +98% | +$38.7M |
|
242
Ormat Technologies
ORA
$6.11B
| $84.2M | 0.09% |
1,316,651
+44,494
| +3% | +$2.82M |
|
|
COR
243
DELISTED
Coresite Realty Corporation
COR
| $84M | 0.09% |
737,500
-3,800
| -0.5% | -$433K |
|
244
Portland General Electric
POR
$6.02B
| $83.9M | 0.09% |
1,840,200
+457,030
| +33% | +$21.6M |
|
|
CELG
245
DELISTED
Celgene Corp
CELG
| $83.1M | 0.09% |
796,200
+385,962
| +94% | +$43.6M |
|
246
Canadian Imperial Bank of Commerce
CM
$107B
| $83M | 0.09% |
1,704,728
-1,001,758
| -37% | -$45.6M |
|
|
VAR
247
DELISTED
Varian Medical Systems, Inc.
VAR
| $82.9M | 0.09% |
746,200
+607,500
| +438% | +$65.3M |
|
|
GXP
248
DELISTED
Great Plains Energy Incorporated
GXP
| $82.8M | 0.09% |
2,567,915
+1,568,100
| +157% | +$51.6M |
|
249
Automatic Data Processing
ADP
$100B
| $82.2M | 0.09% |
701,100
-1,477,200
| -68% | -$169M |
|
250
Intuit
INTU
$81.1B
| $82.1M | 0.09% |
520,248
-1,522,200
| -75% | -$232M |
|
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Renaissance Technologies's Q4 2017 Portfolio in Review
As of Q4 2017, Renaissance Technologies held 3,692 positions worth $90.7B, up 6.7% from $85B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Renaissance Technologies's Q4 2017 filing shows 521 new, 1,724 increased, 1,031 reduced and 386 closed positions. Its largest new stake was Alphabet (Google) Class C: 3,773,700 shares worth $197M. The largest sale was CR Bard Inc., an estimated $455M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q4 2017 buy was Alphabet (Google) Class C: 3,773,700 shares worth $197M.
- Renaissance Technologies added most to ExxonMobil in Q4 2017, an estimated $521M increase.
- Renaissance Technologies's biggest Q4 2017 reduction was NetEase, cutting an estimated $451M.
- Renaissance Technologies fully exited CR Bard Inc. in Q4 2017, selling an estimated $455M.
- Renaissance Technologies's ten largest holdings make up 8.4% of its $90.7B portfolio in Q4 2017.
- Renaissance Technologies opened 521 new positions and closed 386 in Q4 2017.
- Renaissance Technologies's portfolio value rose 6.7% quarter-over-quarter to $90.7B.
Based on Renaissance Technologies's 13F filing for Q4 2017, filed 13 Feb 2018.