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 | |
|---|---|---|---|---|---|---|
3301
Infosys
INFY
$50B
| – | – |
-1,090,800
| Closed | -$8.09M |
|
3302
Insmed
INSM
$22.6B
| – | – |
-120,500
| Closed | -$1.59M |
|
3303
Jacobs Solutions
J
$16.6B
| – | – |
-448,528
| Closed | -$21.1M |
|
3304
Jack in the Box
JACK
$308M
| – | – |
-244,700
| Closed | -$27.3M |
|
3305
Jabil
JBL
$31.7B
| – | – |
-838,400
| Closed | -$19.8M |
|
|
3306
Johnson Controls International
JCI
$85.6B
| – | – |
-4,355,744
| Closed | -$179M |
|
3307
KB Home
KBH
$3.54B
| – | – |
-317,300
| Closed | -$5.02M |
|
3308
KBR
KBR
$4.74B
| – | – |
-1,161,200
| Closed | -$19.4M |
|
3309
Korea Electric Power
KEP
$14.9B
| – | – |
-26,589
| Closed | -$491K |
|
3310
KLA
KLAC
$249B
| – | – |
-4,647,840
| Closed | -$36.6M |
|
3311
Kennametal
KMT
$2.71B
| – | – |
-868,000
| Closed | -$27.1M |
|
3312
Kite Realty
KRG
$5.91B
| – | – |
-57,100
| Closed | -$1.34M |
|
3313
Kornit Digital
KRNT
$708M
| – | – |
-17,200
| Closed | -$218K |
|
3314
Kohl's
KSS
$2.16B
| – | – |
-1,139,700
| Closed | -$56.3M |
|
|
HAPN
3315
Happen Inc
HAPN
$2.19B
| – | – |
-436,539
| Closed | -$11.5M |
|
3316
LCI Industries
LCII
$2.62B
| – | – |
-17,700
| Closed | -$1.91M |
|
3317
Lennar Class A
LEN
$21.1B
| – | – |
-1,248,487
| Closed | -$51M |
|
3318
Lifecore Biomedical
LFCR
$165M
| – | – |
-28,082
| Closed | -$388K |
|
3319
Liberty Latin America Class A
LILA
$1.67B
| – | – |
-67,565
| Closed | -$950K |
|
3320
El Pollo Loco
LOCO
$497M
| – | – |
-121,600
| Closed | -$1.5M |
|
3321
Lowe's Companies
LOW
$122B
| – | – |
-1,120,500
| Closed | -$79.7M |
|
3322
LG Display
LPL
$2.93B
| – | – |
-47,600
| Closed | -$612K |
|
3323
Lattice Semiconductor
LSCC
$16.4B
| – | – |
-389,890
| Closed | -$2.87M |
|
3324
LSB Industries
LXU
$822M
| – | – |
-192,660
| Closed | -$1.25M |
|
3325
La-Z-Boy
LZB
$1.65B
| – | – |
-24,800
| Closed | -$770K |
|
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.