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 | |
|---|---|---|---|---|---|---|
|
SJT
2676
San Juan Basin Royalty Trust
SJT
$119M
| $953K | ﹤0.01% |
115,626
+24,801
| +27% | +$196K |
|
2677
Moelis & Co
MC
$4.85B
| $951K | ﹤0.01% |
19,600
-27,844
| -59% | -$1.26M |
|
2678
Merck
MRK
$322B
| $951K | ﹤0.01% |
17,711
-4,189,027
| -100% | -$232M |
|
|
EEI
2679
DELISTED
Ecology and Environment
EEI
| $943K | ﹤0.01% |
89,800
+10,694
| +14% | +$120K |
|
2680
Community Bank
CBU
$3.39B
| $941K | ﹤0.01% |
17,508
-42,400
| -71% | -$2.3M |
|
2681
Harmony Gold Mining
HMY
$9.7B
| $938K | ﹤0.01% |
501,400
+178,000
| +55% | +$319K |
|
2682
Willamette Valley Vineyards
WVVI
$12.7M
| $936K | ﹤0.01% |
113,394
+20,894
| +23% | +$174K |
|
2683
Curis
CRIS
$9.71M
| $932K | ﹤0.01% |
666
+639
| +2,367% | +$1.5M |
|
|
TCFC
2684
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $931K | ﹤0.01% |
24,300
-600
| -2% | -$22K |
|
|
CORI
2685
DELISTED
Corium International, Inc.
CORI
| $931K | ﹤0.01% |
96,900
+11,900
| +14% | +$127K |
|
|
FM
2686
DELISTED
iShares Frontier and Select EM ETF
FM
| $931K | ﹤0.01% |
+28,100
| New | +$907K |
|
2687
Hennessy Advisors
HNNA
$77.4M
| $927K | ﹤0.01% |
56,050
+8,875
| +19% | +$146K |
|
2688
Innodata
INOD
$1.81B
| $926K | ﹤0.01% |
681,200
+134,300
| +25% | +$161K |
|
2689
NorthWestern Energy
NWE
$4.34B
| $925K | ﹤0.01% |
15,500
-153,826
| -91% | -$9.27M |
|
2690
Natural Resource Partners
NRP
$1.31B
| $923K | ﹤0.01% |
+35,496
| New | +$903K |
|
2691
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.23B
| $919K | ﹤0.01% |
+35,600
| New | +$913K |
|
2692
SK Telecom
SKM
$11.4B
| $918K | ﹤0.01% |
19,970
-367,964
| -95% | -$16.1M |
|
2693
FTI Consulting
FCN
$5.14B
| $915K | ﹤0.01% |
21,300
-101,300
| -83% | -$4.13M |
|
|
GEN
2694
DELISTED
Genesis Healthcare, Inc.
GEN
| $911K | ﹤0.01% |
1,194,100
+346,400
| +41% | +$310K |
|
|
GZT
2695
DELISTED
Gazit-globe Ltd
GZT
| $911K | ﹤0.01% |
86,500
-1,990
| -2% | -$19.6K |
|
|
GFN
2696
DELISTED
General Finance Corporation
GFN
| $911K | ﹤0.01% |
134,000
+60,900
| +83% | +$357K |
|
2697
Kelly Services Class A
KELYA
$548M
| $906K | ﹤0.01% |
33,208
+8,000
| +32% | +$221K |
|
|
FNBG
2698
DELISTED
FNB Bancorp Common Stock
FNBG
| $904K | ﹤0.01% |
+24,776
| New | +$878K |
|
|
FOGO
2699
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $900K | ﹤0.01% |
77,600
+21,100
| +37% | +$244K |
|
2700
Scully Royalty
SRL
$75.4M
| $899K | ﹤0.01% |
115,370
+12,164
| +12% | +$105K |
|
Similar funds
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.