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 | |
|---|---|---|---|---|---|---|
2726
Pampa Energía
PAM
$4.57B
| $586K | ﹤0.01% |
10,800
-43,000
| -80% | -$1.98M |
|
2727
Zedge
ZDGE
$38.3M
| $583K | ﹤0.01% |
189,994
-30,500
| -14% | -$101K |
|
2728
Amtech Systems
ASYS
$239M
| $582K | ﹤0.01% |
105,736
+6,500
| +7% | +$35.6K |
|
|
SDLP
2729
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $582K | ﹤0.01% |
16,180
-19,340
| -54% | -$791K |
|
2730
Arq
ARQ
$83.3M
| $578K | ﹤0.01% |
60,600
-2,800
| -4% | -$28.8K |
|
|
LXFT
2731
DELISTED
Luxoft Holding, Inc.
LXFT
| $575K | ﹤0.01% |
+9,193
| New | +$541K |
|
2732
EastGroup Properties
EGP
$11.2B
| $574K | ﹤0.01% |
7,800
+4,800
| +160% | +$349K |
|
|
FLNA
2733
Filana Therapeutics
FLNA
$42M
| $574K | ﹤0.01% |
91,827
-27,628
| -23% | -$125K |
|
2734
Kopin
KOPN
$586M
| $572K | ﹤0.01% |
139,500
-130,700
| -48% | -$462K |
|
2735
Minerva Neurosciences
NERV
$191M
| $565K | ﹤0.01% |
8,713
+6,663
| +325% | +$517K |
|
|
PES
2736
DELISTED
Pioneer Energy Services Corp.
PES
| $565K | ﹤0.01% |
+141,298
| New | +$786K |
|
|
GLOP
2737
DELISTED
GASLOG PARTNERS LP
GLOP
| $563K | ﹤0.01% |
22,993
-3,846
| -14% | -$88.4K |
|
2738
Fuel Tech
FTEK
$43M
| $560K | ﹤0.01% |
549,200
+40,796
| +8% | +$47.8K |
|
|
RETA
2739
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $559K | ﹤0.01% |
+24,670
| New | +$609K |
|
2740
AppFolio
APPF
$6.62B
| $558K | ﹤0.01% |
+20,510
| New | +$490K |
|
|
EVBN
2741
DELISTED
Evans Bancorp Inc
EVBN
| $557K | ﹤0.01% |
14,510
+8,110
| +127% | +$306K |
|
|
LUB
2742
DELISTED
Luby's Inc.
LUB
| $557K | ﹤0.01% |
179,200
-13,500
| -7% | -$48.6K |
|
2743
Sypris Solutions
SYPR
$42.6M
| $555K | ﹤0.01% |
523,700
+1,600
| +0.3% | +$1.47K |
|
|
SCTL
2744
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $555K | ﹤0.01% |
70,803
+50,287
| +245% | +$350K |
|
2745
Nicolet Bankshares
NIC
$3.6B
| $554K | ﹤0.01% |
+11,700
| New | +$564K |
|
|
AT
2746
DELISTED
Atlantic Power Corporation
AT
| $552K | ﹤0.01% |
208,403
+71,473
| +52% | +$175K |
|
2747
MarineMax
HZO
$748M
| $550K | ﹤0.01% |
25,410
-59,990
| -70% | -$1.26M |
|
|
MRUS
2748
DELISTED
Merus
MRUS
| $549K | ﹤0.01% |
+22,500
| New | +$575K |
|
2749
e.l.f. Beauty
ELF
$4.77B
| $544K | ﹤0.01% |
+18,900
| New | +$511K |
|
|
GOLD
2750
Gold.com Inc
GOLD
$1.16B
| $543K | ﹤0.01% |
63,600
-30,400
| -32% | -$289K |
|
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.