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 | |
|---|---|---|---|---|---|---|
3226
Dollar General
DG
$27.8B
| – | – |
-844,300
| Closed | -$60.9M |
|
3227
Dynagas LNG Partners
DLNG
$132M
| – | – |
-95,000
| Closed | -$1.45M |
|
3228
Dollar Tree
DLTR
$24.4B
| – | – |
-1,801,303
| Closed | -$126M |
|
3229
Denison Mines
DNN
$2.49B
| – | – |
-313,200
| Closed | -$135K |
|
3230
Healthpeak Properties
DOC
$15.7B
| – | – |
-598,800
| Closed | -$19.1M |
|
3231
Dover
DOV
$27.4B
| – | – |
-526,026
| Closed | -$34.1M |
|
3232
DaVita
DVA
$15.4B
| – | – |
-533,300
| Closed | -$34.5M |
|
3233
eBay
EBAY
$52.1B
| – | – |
-1,601,940
| Closed | -$55.9M |
|
3234
Equifax
EFX
$22B
| – | – |
-120,550
| Closed | -$16.6M |
|
|
ELP
3235
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| – | – |
-190,750
| Closed | -$560K |
|
3236
Enphase Energy
ENPH
$4.79B
| – | – |
-276,133
| Closed | -$239K |
|
3237
Energizer
ENR
$1.5B
| – | – |
-611,800
| Closed | -$29.4M |
|
3238
EOG Resources
EOG
$74.4B
| – | – |
-817,600
| Closed | -$74M |
|
3239
Edgewell Personal Care
EPC
$1.3B
| – | – |
-7,700
| Closed | -$585K |
|
3240
Diamondback Energy
FANG
$53.5B
| – | – |
-34,100
| Closed | -$3.03M |
|
3241
First Financial Bankshares
FFIN
$5.05B
| – | – |
-18,308
| Closed | -$405K |
|
|
FITB
3242
Fifth Third Bancorp
FITB
$52.4B
| – | – |
-430,026
| Closed | -$11.2M |
|
3243
Flowserve
FLS
$9.38B
| – | – |
-180,000
| Closed | -$8.36M |
|
3244
1-800-Flowers.com
FLWS
$254M
| – | – |
-113,591
| Closed | -$1.11M |
|
3245
Fossil Group
FOSL
$262M
| – | – |
-85,900
| Closed | -$889K |
|
3246
Fulton Financial
FULT
$4.73B
| – | – |
-45,739
| Closed | -$869K |
|
3247
Cedar Fair
FUN
$1.91B
| – | – |
-109,550
| Closed | -$7.9M |
|
3248
iShares China Large-Cap ETF
FXI
$4.27B
| – | – |
-30,100
| Closed | -$1.2M |
|
3249
CGI
GIB
$15B
| – | – |
-96,100
| Closed | -$4.91M |
|
3250
G-III Apparel Group
GIII
$1.55B
| – | – |
-32,800
| Closed | -$818K |
|
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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.