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 |
Baidu
BIDU
|
+$462M |
| 2 |
AGN
Allergan plc
AGN
|
+$390M |
| 3 |
AT&T
T
|
+$371M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$353M |
| 5 |
NextEra Energy
NEE
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.97B |
| 2 |
Meta Platforms (Facebook)
META
|
+$435M |
| 3 |
Pfizer
PFE
|
+$377M |
| 4 |
GE Aerospace
GE
|
+$354M |
| 5 |
Starbucks
SBUX
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.43% |
| 2 | Technology | 12.71% |
| 3 | Consumer Staples | 9.79% |
| 4 | Financials | 8.2% |
| 5 | Utilities | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Coca-Cola Femsa
KOF
$22.7B
| $69.8M | 0.07% |
1,734,205
+132,105
| +8% | +$7.44M |
|
302
ArcelorMittal
MT
$52.9B
| $69.7M | 0.07% |
7,469,734
-110,629
| -1% | -$1.55M |
|
303
CorVel
CRVL
$3.06B
| $68.6M | 0.07% |
3,776,757
-169,473
| -4% | -$4.41M |
|
304
Citigroup
C
$222B
| $68.2M | 0.07% |
+1,620,142
| New | +$109M |
|
305
Sabesp
SBS
$19.1B
| $67.6M | 0.07% |
47,246,354
+931,268
| +2% | +$2.28M |
|
306
Adobe
ADBE
$99.5B
| $67.6M | 0.07% |
212,333
+180,100
| +559% | +$61.6M |
|
307
HDFC Bank
HDB
$123B
| $67.2M | 0.07% |
+3,492,402
| New | +$94M |
|
308
PLDT
PHI
$4.25B
| $67M | 0.07% |
3,258,554
-18,562
| -0.6% | -$368K |
|
|
TIF
309
DELISTED
Tiffany & Co.
TIF
| $66.9M | 0.06% |
+516,390
| New | +$68M |
|
310
Steel Dynamics
STLD
$36B
| $66.8M | 0.06% |
2,962,185
+424,385
| +17% | +$11.6M |
|
311
Sun Communities
SUI
$15.2B
| $66.2M | 0.06% |
529,850
+102,400
| +24% | +$15.5M |
|
312
Alamos Gold
AGI
$11.6B
| $66M | 0.06% |
13,201,471
+716,678
| +6% | +$4.21M |
|
|
EE
313
DELISTED
El Paso Electric Company
EE
| $65.5M | 0.06% |
963,194
-342,925
| -26% | -$23.2M |
|
314
DaVita
DVA
$15.4B
| $65.4M | 0.06% |
859,222
+42,122
| +5% | +$3.31M |
|
315
Sysco
SYY
$40.8B
| $65M | 0.06% |
1,425,600
-101,200
| -7% | -$7M |
|
316
Valvoline
VVV
$4.9B
| $64.6M | 0.06% |
4,937,524
+782,300
| +19% | +$15M |
|
|
LMNX
317
DELISTED
Luminex Corp
LMNX
| $63.7M | 0.06% |
2,312,702
+17,260
| +0.8% | +$424K |
|
318
Applied Materials
AMAT
$403B
| $63.5M | 0.06% |
1,384,948
+211,979
| +18% | +$12.2M |
|
319
UGI
UGI
$7.74B
| $63.4M | 0.06% |
2,376,509
+962,647
| +68% | +$36.5M |
|
|
HTO
320
H2O America
HTO
$2.57B
| $63.2M | 0.06% |
1,094,400
+25,500
| +2% | +$1.72M |
|
321
Petrobras Class A
PBR.A
$111B
| $62.4M | 0.06% |
11,576,819
+103,220
| +0.9% | +$1.16M |
|
322
Neurocrine Biosciences
NBIX
$16.8B
| $62.3M | 0.06% |
719,382
-19,790
| -3% | -$1.94M |
|
323
Mastercard
MA
$502B
| $62M | 0.06% |
256,500
+245,900
| +2,320% | +$73.1M |
|
324
Clearway Energy Class C
CWEN
$4.94B
| $61.8M | 0.06% |
3,289,375
+538,600
| +20% | +$11.2M |
|
325
NVR
NVR
$16.5B
| $61.7M | 0.06% |
24,012
+4,942
| +26% | +$17.7M |
|
Similar funds
Renaissance Technologies's Q1 2020 Portfolio in Review
As of Q1 2020, Renaissance Technologies held 4,047 positions worth $103B, down 21% from $130B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies's Q1 2020 filing shows 573 new, 1,474 increased, 1,328 reduced and 645 closed positions. Its largest new stake was AT&T: 13,563,699 shares worth $299M. The largest sale was Tesla, an estimated $1.97B.
By sector, the portfolio is most concentrated in Healthcare at 25% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Staples.
- Renaissance Technologies's largest Q1 2020 buy was AT&T: 13,563,699 shares worth $299M.
- Renaissance Technologies added most to Baidu in Q1 2020, an estimated $462M increase.
- Renaissance Technologies's biggest Q1 2020 reduction was Tesla, cutting an estimated $1.97B.
- Renaissance Technologies fully exited Phillips 66 in Q1 2020, selling an estimated $214M.
- Renaissance Technologies's ten largest holdings make up 15% of its $103B portfolio in Q1 2020.
- Renaissance Technologies opened 573 new positions and closed 645 in Q1 2020.
- Renaissance Technologies's portfolio value fell 21% quarter-over-quarter to $103B.
Based on Renaissance Technologies's 13F filing for Q1 2020, filed 14 May 2020.