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 | |
|---|---|---|---|---|---|---|
|
MNTA
726
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $26.8M | 0.03% |
1,448,500
+651,100
| +82% | +$10.9M |
|
|
CSBK
727
DELISTED
Clifton Bancorp Inc.
CSBK
| $26.6M | 0.03% |
1,592,962
+60,400
| +4% | +$979K |
|
728
SolarEdge
SEDG
$2.61B
| $26.6M | 0.03% |
+932,112
| New | +$23.5M |
|
729
Illumina
ILMN
$28.8B
| $26.5M | 0.03% |
136,948
-141,556
| -51% | -$26.4M |
|
730
Silgan Holdings
SLGN
$4.93B
| $26.5M | 0.03% |
899,580
+100,500
| +13% | +$3.05M |
|
731
Forrester Research
FORR
$185M
| $26.4M | 0.03% |
631,400
+45,800
| +8% | +$1.84M |
|
732
Center Bancorp
CNOB
$1.65B
| $26.4M | 0.03% |
1,073,839
+62,663
| +6% | +$1.42M |
|
|
BBT
733
Beacon Financial Corp
BBT
$2.48B
| $26.4M | 0.03% |
681,245
+50,202
| +8% | +$1.77M |
|
|
IRBT
734
DELISTED
iRobot
IRBT
| $26.4M | 0.03% |
342,100
+262,600
| +330% | +$24M |
|
735
Progress Software
PRGS
$1.61B
| $26.3M | 0.03% |
690,000
+231,089
| +50% | +$7.72M |
|
|
ANH
736
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $26.2M | 0.03% |
4,367,520
+510,600
| +13% | +$3.09M |
|
|
HAPN
737
Happen Inc
HAPN
$2.15B
| $26.2M | 0.03% |
860,900
+587,240
| +215% | +$16.9M |
|
|
ALX
738
Alexander's
ALX
$1.37B
| $26.2M | 0.03% |
61,800
+1,300
| +2% | +$549K |
|
739
Strategic Education
STRA
$1.78B
| $26.2M | 0.03% |
300,300
-32,600
| -10% | -$2.72M |
|
740
Rithm Capital
RITM
$5.16B
| $26.2M | 0.03% |
1,565,005
+474,007
| +43% | +$7.77M |
|
741
WPP
WPP
$4.21B
| $26.1M | 0.03% |
281,500
+150,400
| +115% | +$14.7M |
|
742
FormFactor
FORM
$7.69B
| $26.1M | 0.03% |
1,549,822
-121,500
| -7% | -$1.73M |
|
743
Globe Life
GL
$13.6B
| $26.1M | 0.03% |
326,000
-26,900
| -8% | -$2.1M |
|
744
Starwood Property Trust
STWD
$6.14B
| $26.1M | 0.03% |
1,201,884
+538,600
| +81% | +$11.9M |
|
|
CYOU
745
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $26M | 0.03% |
657,600
-32,200
| -5% | -$1.3M |
|
|
GRUB
746
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $25.9M | 0.03% |
246,200
-66,150
| -21% | -$6.77M |
|
747
Conduent
CNDT
$239M
| $25.9M | 0.03% |
+1,650,215
| New | +$27M |
|
748
Crown Holdings
CCK
$12.9B
| $25.8M | 0.03% |
432,800
+62,300
| +17% | +$3.69M |
|
749
Axalta
AXTA
$7.24B
| $25.7M | 0.03% |
888,872
+251,072
| +39% | +$7.59M |
|
750
Central Garden & Pet Co
CENT
$2.74B
| $25.7M | 0.03% |
825,595
+23,375
| +3% | +$644K |
|
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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.