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 | |
|---|---|---|---|---|---|---|
|
SNI
451
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $46.4M | 0.05% |
540,100
-753,200
| -58% | -$62M |
|
|
LSXMK
452
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $46.4M | 0.05% |
1,454,351
+341,760
| +31% | +$11.1M |
|
453
Semtech
SMTC
$11.7B
| $46.3M | 0.05% |
1,234,216
+218,213
| +21% | +$8.14M |
|
|
PX
454
DELISTED
Praxair Inc
PX
| $46.3M | 0.05% |
331,100
-1,600
| -0.5% | -$213K |
|
455
Advanced Energy
AEIS
$12.2B
| $46.3M | 0.05% |
572,722
+90,700
| +19% | +$6.58M |
|
|
VCRA
456
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $46.2M | 0.05% |
1,471,800
+107,800
| +8% | +$2.97M |
|
|
RPXC
457
DELISTED
RPX Corporation
RPXC
| $46.1M | 0.05% |
3,471,244
+227,434
| +7% | +$2.99M |
|
458
Waterstone Financial
WSBF
$362M
| $46.1M | 0.05% |
2,363,474
+4,893
| +0.2% | +$90.1K |
|
459
Perdoceo Education
PRDO
$1.9B
| $46.1M | 0.05% |
4,435,662
-244,400
| -5% | -$2.27M |
|
|
BIVV
460
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $45.9M | 0.05% |
+804,800
| New | +$47.1M |
|
461
CME Group
CME
$92.2B
| $45.7M | 0.05% |
336,495
-214,400
| -39% | -$27.1M |
|
|
HES
462
DELISTED
Hess
HES
| $45.6M | 0.05% |
+971,663
| New | +$41.1M |
|
|
RP
463
DELISTED
RealPage, Inc.
RP
| $45.4M | 0.05% |
1,137,494
-241,044
| -17% | -$9.61M |
|
464
Scotiabank
BNS
$106B
| $45.3M | 0.05% |
705,400
+141,500
| +25% | +$8.8M |
|
465
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $44.9M | 0.05% |
437,700
+38,500
| +10% | +$4.28M |
|
|
OPLN
466
Openlane
OPLN
$4.17B
| $44.8M | 0.05% |
2,480,045
+1,422,452
| +134% | +$23.5M |
|
|
PINC
467
DELISTED
Premier
PINC
| $44.7M | 0.05% |
1,372,800
+458,700
| +50% | +$15.6M |
|
468
NiSource
NI
$22.4B
| $44.6M | 0.05% |
1,743,700
+577,700
| +50% | +$15.2M |
|
|
MFA
469
MFA Financial
MFA
$929M
| $44.5M | 0.05% |
1,268,900
+390,850
| +45% | +$13.6M |
|
470
Lamar Advertising Co
LAMR
$16.2B
| $44.4M | 0.05% |
647,800
+256,000
| +65% | +$17.3M |
|
|
PPLI
471
People Inc
PPLI
$3.1B
| $44.4M | 0.05% |
2,111,858
-2,375,810
| -53% | -$46.1M |
|
472
Amdocs
DOX
$5.53B
| $44.3M | 0.05% |
688,400
+251,600
| +58% | +$16.2M |
|
473
Qiagen
QGEN
$8.53B
| $44.2M | 0.05% |
1,324,246
-173,522
| -12% | -$5.98M |
|
|
CNH
474
CNH Industrial
CNH
$13.8B
| $44.1M | 0.05% |
4,221,192
+960,255
| +29% | +$9.68M |
|
475
Spire
SR
$4.92B
| $44M | 0.05% |
590,000
+104,700
| +22% | +$7.77M |
|
Similar funds
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.