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 |
Medtronic
MDT
|
+$495M |
| 2 |
ExxonMobil
XOM
|
+$290M |
| 3 |
FedEx
FDX
|
+$273M |
| 4 |
Netflix
NFLX
|
+$262M |
| 5 |
RTX Corp
RTX
|
+$234M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$290M |
| 2 |
Electronic Arts
EA
|
+$280M |
| 3 |
Mastercard
MA
|
+$252M |
| 4 |
RAI
Reynolds American Inc
RAI
|
+$245M |
| 5 |
Johnson & Johnson
JNJ
|
+$242M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.71% |
| 2 | Technology | 15.33% |
| 3 | Financials | 11.4% |
| 4 | Industrials | 9.58% |
| 5 | Consumer Staples | 8.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVTA
2751
DELISTED
Invitae Corporation
NVTA
| $574K | ﹤0.01% |
61,300
-20,900
| -25% | -$199K |
|
|
CWAY
2752
DELISTED
Coastway Bancorp, Inc.
CWAY
| $574K | ﹤0.01% |
29,000
-5,351
| -16% | -$108K |
|
2753
Unity Bancorp
UNTY
$590M
| $572K | ﹤0.01% |
28,901
+3,685
| +15% | +$66.3K |
|
|
KLXI
2754
DELISTED
KLX Inc.
KLXI
| $572K | ﹤0.01% |
+12,809
| New | +$544K |
|
2755
Flexible Solutions
FSI
$64.6M
| $571K | ﹤0.01% |
332,200
-85,906
| -21% | -$157K |
|
|
FSTX
2756
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $571K | ﹤0.01% |
8,471
-55
| -0.6% | -$3.15K |
|
|
DDE
2757
DELISTED
Dover Downs Gaming & Entertain
DDE
| $571K | ﹤0.01% |
554,800
+33,700
| +6% | +$35K |
|
|
ENG
2758
DELISTED
ENGlobal Corp
ENG
| $568K | ﹤0.01% |
55,881
-5,715
| -9% | -$57K |
|
|
NBSE
2759
DELISTED
NeuBase Therapeutics, Inc. Common Stock
NBSE
| $568K | ﹤0.01% |
1,971
+513
| +35% | +$140K |
|
|
DYN
2760
DELISTED
Dynegy, Inc.
DYN
| $566K | ﹤0.01% |
+57,800
| New | +$516K |
|
|
SNMP
2761
DELISTED
Evolve Transition Infrastructure LP
SNMP
| $565K | ﹤0.01% |
1,673
+863
| +107% | +$281K |
|
|
MRC
2762
DELISTED
MRC Global
MRC
| $564K | ﹤0.01% |
+32,225
| New | +$529K |
|
2763
LGL Group
LGL
$44.7M
| $559K | ﹤0.01% |
264,404
-11,669
| -4% | -$21.8K |
|
|
LUB
2764
DELISTED
Luby's Inc.
LUB
| $559K | ﹤0.01% |
211,000
-9,500
| -4% | -$26.2K |
|
|
SUMR
2765
DELISTED
Summer Infant, Inc.
SUMR
| $559K | ﹤0.01% |
32,867
+4,722
| +17% | +$79.3K |
|
|
GFED
2766
DELISTED
Guaranty Federal Bancshares In
GFED
| $556K | ﹤0.01% |
26,000
+200
| +0.8% | +$4.33K |
|
2767
NanoViricides
NNVC
$39.3M
| $553K | ﹤0.01% |
24,250
+1,670
| +7% | +$44.8K |
|
2768
AtriCure
ATRC
$2.08B
| $550K | ﹤0.01% |
+24,600
| New | +$556K |
|
2769
Bel Fuse Inc Class A
BELFA
$2.88B
| $549K | ﹤0.01% |
20,200
+200
| +1% | +$4.59K |
|
|
FRGI
2770
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $541K | ﹤0.01% |
28,466
-34,400
| -55% | -$617K |
|
|
MNTX
2771
DELISTED
Manitex International, Inc.
MNTX
| $535K | ﹤0.01% |
+59,600
| New | +$487K |
|
2772
Ardelyx
ARDX
$1.24B
| $534K | ﹤0.01% |
+95,400
| New | +$503K |
|
|
BCOM
2773
DELISTED
B Communications Ltd
BCOM
| $534K | ﹤0.01% |
36,800
+500
| +1% | +$7.57K |
|
2774
Stratus Properties
STRS
$155M
| $533K | ﹤0.01% |
17,600
+6,800
| +63% | +$199K |
|
2775
First Guaranty Bancshares
FGBI
$155M
| $531K | ﹤0.01% |
26,225
+3,598
| +16% | +$73.4K |
|
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Renaissance Technologies's Q3 2017 Portfolio in Review
As of Q3 2017, Renaissance Technologies held 3,587 positions worth $85B, up 8.4% from $78.4B the previous quarter. Its ten largest holdings account for 8.5% of the portfolio.
Renaissance Technologies deployed $2.91B of net new capital in Q3 2017, opening 418 new positions and adding to 1,684 existing holdings. Its largest new stake was ExxonMobil: 3,652,454 shares worth $299M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Electronic Arts, an estimated $280M trimmed.
- Renaissance Technologies's largest Q3 2017 buy was ExxonMobil: 3,652,454 shares worth $299M.
- Renaissance Technologies added most to Medtronic in Q3 2017, an estimated $495M increase.
- Renaissance Technologies's biggest Q3 2017 reduction was Electronic Arts, cutting an estimated $280M.
- Renaissance Technologies fully exited Amazon in Q3 2017, selling an estimated $290M.
- Renaissance Technologies's ten largest holdings make up 8.5% of its $85B portfolio in Q3 2017.
- Renaissance Technologies opened 418 new positions and closed 418 in Q3 2017.
- Renaissance Technologies's portfolio value rose 8.4% quarter-over-quarter to $85B.
Based on Renaissance Technologies's 13F filing for Q3 2017, filed 13 Nov 2017.