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 | |
|---|---|---|---|---|---|---|
|
AGU
751
DELISTED
Agrium
AGU
| $27.2M | 0.03% |
236,300
-26,300
| -10% | -$2.85M |
|
752
Stepan Co
SCL
$1.31B
| $27.1M | 0.03% |
343,500
+9,000
| +3% | +$739K |
|
753
Akebia Therapeutics
AKBA
$343M
| $27.1M | 0.03% |
1,821,200
+400,300
| +28% | +$6.64M |
|
754
QuidelOrtho
QDEL
$1.15B
| $27M | 0.03% |
623,800
-208,287
| -25% | -$8.51M |
|
|
CVA
755
DELISTED
Covanta Holding Corporation
CVA
| $27M | 0.03% |
1,597,993
-682,907
| -30% | -$10.5M |
|
756
Performance Food Group
PFGC
$18B
| $27M | 0.03% |
814,600
+287,000
| +54% | +$8.42M |
|
757
SolarEdge
SEDG
$2.62B
| $27M | 0.03% |
717,848
-214,264
| -23% | -$7.38M |
|
|
SVC
758
Service Properties Trust
SVC
$1.08B
| $26.9M | 0.03% |
180,160
+104,100
| +137% | +$15.3M |
|
759
Northwest Natural Holdings
NWN
$2.16B
| $26.9M | 0.03% |
450,700
+34,500
| +8% | +$2.26M |
|
760
MasterCraft Boat Holdings
MCFT
$602M
| $26.9M | 0.03% |
1,209,000
+310,900
| +35% | +$7M |
|
|
NXRT
761
NexPoint Residential Trust
NXRT
$671M
| $26.9M | 0.03% |
961,300
+115,600
| +14% | +$3.06M |
|
|
AD
762
Array Digital Infrastructure
AD
$2.99B
| $26.8M | 0.03% |
712,700
+63,400
| +10% | +$2.29M |
|
|
XYZ
763
Block Inc
XYZ
$48.4B
| $26.8M | 0.03% |
772,700
-5,638,400
| -88% | -$206M |
|
764
Elbit Systems
ESLT
$38.1B
| $26.8M | 0.03% |
200,935
+66,598
| +50% | +$9.53M |
|
765
Allegion
ALLE
$13.4B
| $26.8M | 0.03% |
336,400
+207,000
| +160% | +$17.3M |
|
|
NUAN
766
DELISTED
Nuance Communications, Inc.
NUAN
| $26.7M | 0.03% |
1,885,832
+326,812
| +21% | +$4.4M |
|
|
PHH
767
DELISTED
PHH Corporation
PHH
| $26.6M | 0.03% |
2,587,400
-224,100
| -8% | -$2.72M |
|
768
First Horizon
FHN
$12.1B
| $26.6M | 0.03% |
1,329,134
+1,277,253
| +2,462% | +$24.6M |
|
|
CMA
769
DELISTED
Comerica
CMA
| $26.5M | 0.03% |
305,390
+217,743
| +248% | +$17.5M |
|
|
CLD
770
DELISTED
Cloud Peak Energy Inc
CLD
| $26.5M | 0.03% |
5,953,000
+990,400
| +20% | +$4.16M |
|
|
TARO
771
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $26.5M | 0.03% |
252,700
-12,600
| -5% | -$1.38M |
|
|
GG
772
DELISTED
Goldcorp Inc
GG
| $26.3M | 0.03% |
2,061,173
-1,812,916
| -47% | -$23.4M |
|
|
EPAY
773
DELISTED
Bottomline Technologies Inc
EPAY
| $26.3M | 0.03% |
758,542
+183,700
| +32% | +$6.16M |
|
|
S
774
DELISTED
Sprint Corporation
S
| $26.2M | 0.03% |
+4,449,443
| New | +$28.2M |
|
|
ZNH
775
DELISTED
China Southern Airlines Company Limited
ZNH
| $26.2M | 0.03% |
505,400
-2,300
| -0.5% | -$95.6K |
|
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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.