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 |
ExxonMobil
XOM
|
+$521M |
| 2 |
Becton Dickinson
BDX
|
+$411M |
| 3 |
GE Aerospace
GE
|
+$361M |
| 4 |
IBM
IBM
|
+$305M |
| 5 |
Philip Morris
PM
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$455M |
| 2 |
NetEase
NTES
|
+$451M |
| 3 |
Medtronic
MDT
|
+$398M |
| 4 |
NVIDIA
NVDA
|
+$348M |
| 5 |
Netflix
NFLX
|
+$332M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.06% |
| 2 | Technology | 13.71% |
| 3 | Financials | 10.21% |
| 4 | Industrials | 9.72% |
| 5 | Consumer Discretionary | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATH
476
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $47M | 0.05% |
908,800
+303,900
| +50% | +$15.5M |
|
|
PNK
477
DELISTED
Pinnacle Entertainment Inc.
PNK
| $47M | 0.05% |
1,434,900
+326,500
| +29% | +$9.09M |
|
|
UCB
478
United Community Banks
UCB
$4.21B
| $46.9M | 0.05% |
1,666,503
-137,108
| -8% | -$3.83M |
|
|
MASI
479
DELISTED
Masimo
MASI
| $46.8M | 0.05% |
552,100
-131,300
| -19% | -$11.4M |
|
|
VEDL
480
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $46.6M | 0.05% |
2,237,960
+328,000
| +17% | +$6.42M |
|
|
AHL
481
DELISTED
ASPEN Insurance Holding Limited
AHL
| $46.4M | 0.05% |
1,143,300
-271,575
| -19% | -$11.2M |
|
482
Microsoft
MSFT
$2.89T
| $46.4M | 0.05% |
+542,384
| New | +$44.5M |
|
483
Bio-Techne
TECH
$11.2B
| $46.1M | 0.05% |
1,424,000
+445,200
| +45% | +$14.1M |
|
484
Toyota
TM
$216B
| $46.1M | 0.05% |
362,500
-78,100
| -18% | -$9.74M |
|
485
Spectrum Brands
SPB
$2.04B
| $46M | 0.05% |
409,700
-41,900
| -9% | -$4.58M |
|
486
Wendy's
WEN
$1.39B
| $45.9M | 0.05% |
2,794,882
+1,152,200
| +70% | +$17.5M |
|
487
FirstCash
FCFS
$9.06B
| $45.7M | 0.05% |
678,224
+337,700
| +99% | +$21.8M |
|
488
Rayonier
RYN
$6.52B
| $45.7M | 0.05% |
1,592,719
+106,556
| +7% | +$2.96M |
|
489
Kulicke & Soffa
KLIC
$5.14B
| $45.7M | 0.05% |
1,876,528
+92,900
| +5% | +$2.21M |
|
|
GRMN
490
Garmin
GRMN
$46.8B
| $45.6M | 0.05% |
765,942
-40,700
| -5% | -$2.39M |
|
491
Insulet
PODD
$11.4B
| $45.6M | 0.05% |
661,200
+506,800
| +328% | +$33.3M |
|
|
RPXC
492
DELISTED
RPX Corporation
RPXC
| $45.5M | 0.05% |
3,387,800
-83,444
| -2% | -$1.1M |
|
493
Five Below
FIVE
$11.5B
| $45.5M | 0.05% |
685,600
-404,300
| -37% | -$24.3M |
|
|
AVTA
494
DELISTED
Avantax, Inc. Common Stock
AVTA
| $45.4M | 0.05% |
2,055,700
+217,900
| +12% | +$4.86M |
|
495
Regency Centers
REG
$15.1B
| $45.4M | 0.05% |
656,445
-35,400
| -5% | -$2.34M |
|
496
Enanta Pharmaceuticals
ENTA
$370M
| $45.3M | 0.05% |
771,600
+90,500
| +13% | +$4.53M |
|
|
MNR
497
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $45M | 0.05% |
2,527,100
+319,400
| +14% | +$5.53M |
|
498
SSR Mining
SSRM
$5.45B
| $45M | 0.05% |
5,116,200
+388,617
| +8% | +$3.58M |
|
499
American States Water
AWR
$3.37B
| $45M | 0.05% |
776,400
-300
| -0% | -$16.4K |
|
500
First Solar
FSLR
$22.1B
| $44.3M | 0.05% |
656,700
+541,100
| +468% | +$31.7M |
|
Similar funds
Renaissance Technologies's Q4 2017 Portfolio in Review
As of Q4 2017, Renaissance Technologies held 3,692 positions worth $90.7B, up 6.7% from $85B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Renaissance Technologies's Q4 2017 filing shows 521 new, 1,724 increased, 1,031 reduced and 386 closed positions. Its largest new stake was Alphabet (Google) Class C: 3,773,700 shares worth $197M. The largest sale was CR Bard Inc., an estimated $455M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q4 2017 buy was Alphabet (Google) Class C: 3,773,700 shares worth $197M.
- Renaissance Technologies added most to ExxonMobil in Q4 2017, an estimated $521M increase.
- Renaissance Technologies's biggest Q4 2017 reduction was NetEase, cutting an estimated $451M.
- Renaissance Technologies fully exited CR Bard Inc. in Q4 2017, selling an estimated $455M.
- Renaissance Technologies's ten largest holdings make up 8.4% of its $90.7B portfolio in Q4 2017.
- Renaissance Technologies opened 521 new positions and closed 386 in Q4 2017.
- Renaissance Technologies's portfolio value rose 6.7% quarter-over-quarter to $90.7B.
Based on Renaissance Technologies's 13F filing for Q4 2017, filed 13 Feb 2018.