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 |
Amazon
AMZN
|
+$729M |
| 2 |
Booking.com
BKNG
|
+$309M |
| 3 |
PepsiCo
PEP
|
+$294M |
| 4 |
Comcast
CMCSA
|
+$285M |
| 5 |
Netflix
NFLX
|
+$242M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$778M |
| 2 |
Walmart Inc
WMT
|
+$382M |
| 3 |
GE Aerospace
GE
|
+$361M |
| 4 |
NetEase
NTES
|
+$344M |
| 5 |
Becton Dickinson
BDX
|
+$343M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.7% |
| 2 | Technology | 14.02% |
| 3 | Consumer Discretionary | 11.09% |
| 4 | Financials | 10.92% |
| 5 | Industrials | 8.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Mercury Insurance
MCY
$6B
| $43.2M | 0.05% |
941,600
+253,769
| +37% | +$12.1M |
|
502
United Microelectronic
UMC
$42.9B
| $43M | 0.05% |
16,585,389
+1,060,100
| +7% | +$2.63M |
|
503
Brixmor Property Group
BRX
$9.72B
| $42.9M | 0.05% |
2,811,400
-166,100
| -6% | -$2.65M |
|
504
Packaging Corp of America
PKG
$22.2B
| $42.8M | 0.05% |
380,100
+328,100
| +631% | +$39.6M |
|
505
EXL Service
EXLS
$5.5B
| $42.8M | 0.05% |
3,839,000
+354,000
| +10% | +$4.22M |
|
506
AXIS Capital
AXS
$7.81B
| $42.6M | 0.05% |
739,300
+165,700
| +29% | +$8.55M |
|
507
US Bancorp
USB
$97.9B
| $42.5M | 0.05% |
+840,700
| New | +$46M |
|
508
Newmont
NEM
$96.2B
| $42.4M | 0.05% |
1,085,200
+114,100
| +12% | +$4.4M |
|
|
STMP
509
DELISTED
Stamps.com, Inc.
STMP
| $42.3M | 0.05% |
210,600
+180,100
| +590% | +$35.2M |
|
|
EBSB
510
DELISTED
Meridian Bancorp, Inc.
EBSB
| $42.3M | 0.05% |
2,096,858
+204,300
| +11% | +$4.2M |
|
511
Global Payments
GPN
$24.1B
| $42M | 0.05% |
376,745
+33,200
| +10% | +$3.67M |
|
|
VEDL
512
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $42M | 0.05% |
2,390,460
+152,500
| +7% | +$3.07M |
|
513
Stanley Black & Decker
SWK
$14.5B
| $42M | 0.05% |
273,962
+178,400
| +187% | +$29M |
|
|
CMA
514
DELISTED
Comerica
CMA
| $42M | 0.05% |
437,347
+131,957
| +43% | +$12.6M |
|
515
Chevron
CVX
$382B
| $42M | 0.05% |
367,884
-1,011,100
| -73% | -$121M |
|
516
Essent Group
ESNT
$6.28B
| $41.9M | 0.05% |
985,300
+215,000
| +28% | +$9.75M |
|
517
Waterstone Financial
WSBF
$371M
| $41.9M | 0.05% |
2,422,385
+22,211
| +0.9% | +$385K |
|
518
Fortis
FTS
$29.3B
| $41.8M | 0.05% |
1,236,800
+312,346
| +34% | +$10.6M |
|
519
Lindsay Corp
LNN
$1.14B
| $41.7M | 0.05% |
456,500
+7,700
| +2% | +$700K |
|
520
Rexford Industrial Realty
REXR
$8.63B
| $41.7M | 0.05% |
1,448,600
+117,400
| +9% | +$3.32M |
|
521
Canadian Pacific Kansas City
CP
$81B
| $41.7M | 0.05% |
1,181,000
-158,000
| -12% | -$5.7M |
|
522
Teradata
TDC
$2.88B
| $41.6M | 0.05% |
1,049,800
-228,200
| -18% | -$8.99M |
|
523
TC Energy
TRP
$70.1B
| $41.5M | 0.05% |
1,004,100
-158,600
| -14% | -$7.12M |
|
524
WEX
WEX
$6.42B
| $41.4M | 0.05% |
264,300
+203,431
| +334% | +$30.6M |
|
525
VF Corp
VFC
$5.92B
| $41.2M | 0.05% |
590,791
+372,019
| +170% | +$26.9M |
|
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Renaissance Technologies's Q1 2018 Portfolio in Review
As of Q1 2018, Renaissance Technologies held 3,782 positions worth $91.4B, up 0.81% from $90.7B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Renaissance Technologies's Q1 2018 filing shows 474 new, 1,646 increased, 1,191 reduced and 438 closed positions. Its largest new stake was Amazon: 10,199,100 shares worth $738M. The largest sale was ExxonMobil, an estimated $778M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 16% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q1 2018 buy was Amazon: 10,199,100 shares worth $738M.
- Renaissance Technologies added most to Booking.com in Q1 2018, an estimated $309M increase.
- Renaissance Technologies's biggest Q1 2018 reduction was ExxonMobil, cutting an estimated $778M.
- Renaissance Technologies fully exited Marathon Petroleum in Q1 2018, selling an estimated $132M.
- Renaissance Technologies's ten largest holdings make up 9% of its $91.4B portfolio in Q1 2018.
- Renaissance Technologies opened 474 new positions and closed 438 in Q1 2018.
- Renaissance Technologies's portfolio value rose 0.81% quarter-over-quarter to $91.4B.
Based on Renaissance Technologies's 13F filing for Q1 2018, filed 14 May 2018.