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 |
Merck
MRK
|
+$468M |
| 2 |
Johnson & Johnson
JNJ
|
+$440M |
| 3 |
IBM
IBM
|
+$355M |
| 4 |
Booking.com
BKNG
|
+$332M |
| 5 |
RAI
Reynolds American Inc
RAI
|
+$331M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLTC
Linear Technology Corp
LLTC
|
+$482M |
| 2 |
Walt Disney
DIS
|
+$247M |
| 3 |
Visa
V
|
+$219M |
| 4 |
Deere & Co
DE
|
+$200M |
| 5 |
Johnson Controls International
JCI
|
+$179M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.02% |
| 2 | Technology | 13.31% |
| 3 | Financials | 12.25% |
| 4 | Industrials | 9.65% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2651
FB Financial Corp
FBK
$2.98B
| $728K | ﹤0.01% |
+20,600
| New | +$607K |
|
2652
Avanos Medical
AVNS
| $727K | ﹤0.01% |
+19,079
| New | +$743K |
|
2653
SK Telecom
SKM
$11.4B
| $723K | ﹤0.01% |
17,432
-120,600
| -87% | -$4.5M |
|
|
HNR
2654
DELISTED
Harvest Natural Resources
HNR
| $722K | ﹤0.01% |
108,701
-65,490
| -38% | -$430K |
|
|
NADL
2655
DELISTED
North Atlantic Drilling Ltd
NADL
| $721K | ﹤0.01% |
426,840
-27,100
| -6% | -$60.9K |
|
|
GLBR
2656
DELISTED
Global Brokerage, Inc. Class A Common Stock
GLBR
| $720K | ﹤0.01% |
266,730
+9,500
| +4% | +$41.3K |
|
2657
Enphase Energy
ENPH
$4.62B
| $717K | ﹤0.01% |
523,033
+114,900
| +28% | +$167K |
|
2658
Moog Inc Class A
MOG.A
$12.4B
| $714K | ﹤0.01% |
10,600
-36,245
| -77% | -$2.4M |
|
|
CVO
2659
DELISTED
Cenevo, Inc.
CVO
| $713K | ﹤0.01% |
141,947
+12,300
| +9% | +$76.2K |
|
|
BLPH
2660
DELISTED
Bellerophon Therapeutics, Inc.
BLPH
| $711K | ﹤0.01% |
31,827
+15,887
| +100% | +$250K |
|
2661
Diodes
DIOD
$3.5B
| $710K | ﹤0.01% |
29,527
-169,300
| -85% | -$4.21M |
|
|
KW
2662
DELISTED
Kennedy-Wilson Holdings
KW
| $710K | ﹤0.01% |
32,000
-16,520
| -34% | -$348K |
|
|
FRTA
2663
DELISTED
Forterra, Inc
FRTA
| $702K | ﹤0.01% |
+36,000
| New | +$693K |
|
2664
Alphatec Holdings
ATEC
$1.48B
| $701K | ﹤0.01% |
300,987
-12,558
| -4% | -$40.1K |
|
|
BCOM
2665
DELISTED
B Communications Ltd
BCOM
| $700K | ﹤0.01% |
35,000
+1,100
| +3% | +$21.8K |
|
2666
Kura Oncology
KURA
$793M
| $697K | ﹤0.01% |
79,200
+48,600
| +159% | +$356K |
|
|
CETV
2667
DELISTED
Central European Media Enterprises Ltd
CETV
| $695K | ﹤0.01% |
224,233
+159,854
| +248% | +$447K |
|
|
VRS
2668
DELISTED
Verso Corporation
VRS
| $694K | ﹤0.01% |
+115,700
| New | +$835K |
|
2669
Security National Financial
SNFCA
$248M
| $688K | ﹤0.01% |
160,988
+2,929
| +2% | +$12.8K |
|
2670
Colony Bankcorp
CBAN
$468M
| $687K | ﹤0.01% |
49,600
+10,400
| +27% | +$143K |
|
2671
Kinsale Capital Group
KNSL
$8.58B
| $686K | ﹤0.01% |
+21,400
| New | +$664K |
|
2672
Investar Holding Corp
ISTR
$411M
| $684K | ﹤0.01% |
+31,227
| New | +$634K |
|
|
JAX
2673
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $677K | ﹤0.01% |
67,400
+7,800
| +13% | +$75.9K |
|
|
HTM
2674
DELISTED
U.S. Geothermal Inc.
HTM
| $675K | ﹤0.01% |
165,049
-31,077
| -16% | -$135K |
|
|
TGP
2675
DELISTED
Teekay LNG Partners L.P.
TGP
| $670K | ﹤0.01% |
+38,200
| New | +$671K |
|
Similar funds
Renaissance Technologies's Q1 2017 Portfolio in Review
As of Q1 2017, Renaissance Technologies held 3,652 positions worth $71.6B, up 13% from $63.2B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Renaissance Technologies deployed $5.19B of net new capital in Q1 2017, opening 433 new positions and adding to 1,585 existing holdings. Its largest new stake was Merck: 7,716,460 shares worth $468M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Walt Disney, an estimated $247M trimmed.
- Renaissance Technologies's largest Q1 2017 buy was Merck: 7,716,460 shares worth $468M.
- Renaissance Technologies added most to Johnson & Johnson in Q1 2017, an estimated $440M increase.
- Renaissance Technologies's biggest Q1 2017 reduction was Walt Disney, cutting an estimated $247M.
- Renaissance Technologies fully exited Linear Technology Corp in Q1 2017, selling an estimated $482M.
- Renaissance Technologies's ten largest holdings make up 7.9% of its $71.6B portfolio in Q1 2017.
- Renaissance Technologies opened 433 new positions and closed 462 in Q1 2017.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $71.6B.
Based on Renaissance Technologies's 13F filing for Q1 2017, filed 12 May 2017.