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 |
Merck
MRK
|
+$468M |
| 2 |
Johnson & Johnson
JNJ
|
+$440M |
| 3 |
IBM
IBM
|
+$355M |
| 4 |
Booking.com
BKNG
|
+$332M |
| 5 |
RAI
Reynolds American Inc
RAI
|
+$331M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLTC
Linear Technology Corp
LLTC
|
+$482M |
| 2 |
Walt Disney
DIS
|
+$247M |
| 3 |
Visa
V
|
+$219M |
| 4 |
Deere & Co
DE
|
+$200M |
| 5 |
Johnson Controls International
JCI
|
+$179M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.02% |
| 2 | Technology | 13.31% |
| 3 | Financials | 12.25% |
| 4 | Industrials | 9.65% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HPP
1001
Hudson Pacific Properties
HPP
$765M
| $14.4M | 0.02% |
59,457
-39,000
| -40% | -$9.61M |
|
|
TEP
1002
DELISTED
Tallgrass Energy Partners, LP
TEP
| $14.4M | 0.02% |
270,600
-37,300
| -12% | -$1.91M |
|
1003
Planet Fitness
PLNT
$4.43B
| $14.3M | 0.02% |
744,018
+301,618
| +68% | +$6.23M |
|
1004
Brookfield
BN
$104B
| $14.3M | 0.02% |
1,099,722
-11,211
| -1% | -$142K |
|
|
MTSC
1005
DELISTED
MTS Systems Corp
MTSC
| $14.3M | 0.02% |
259,818
-38,700
| -13% | -$2.17M |
|
1006
Nelnet
NNI
$4.92B
| $14.3M | 0.02% |
325,700
-33,000
| -9% | -$1.58M |
|
1007
RB Global
RBA
$21.7B
| $14.2M | 0.02% |
432,600
+369,900
| +590% | +$12M |
|
1008
First Commonwealth Financial
FCF
$2.17B
| $14.2M | 0.02% |
1,071,900
+75,200
| +8% | +$1.04M |
|
1009
Insperity
NSP
$2.01B
| $14.2M | 0.02% |
320,168
+12,368
| +4% | +$492K |
|
|
BCOV
1010
DELISTED
Brightcove, Inc.
BCOV
| $14.2M | 0.02% |
1,593,500
+108,017
| +7% | +$858K |
|
1011
NOV
NOV
$7.11B
| $14.2M | 0.02% |
353,310
+342,400
| +3,138% | +$13.3M |
|
1012
Silgan Holdings
SLGN
$5.07B
| $14.1M | 0.02% |
475,880
+348,400
| +273% | +$10.2M |
|
|
WBMD
1013
DELISTED
WebMD Health Corp.
WBMD
| $14.1M | 0.02% |
267,313
+235,913
| +751% | +$12M |
|
1014
Keysight
KEYS
$52.2B
| $14.1M | 0.02% |
389,000
+259,000
| +199% | +$9.64M |
|
|
FPO
1015
DELISTED
First Potomac Realty Trust
FPO
| $14.1M | 0.02% |
1,367,000
+196,900
| +17% | +$2.03M |
|
|
SPN
1016
DELISTED
Superior Energy Services, Inc.
SPN
| $14M | 0.02% |
98,420
-244,620
| -71% | -$40.3M |
|
|
FLIC
1017
DELISTED
First of Long Island Corp
FLIC
| $14M | 0.02% |
517,481
+37,577
| +8% | +$1.03M |
|
|
MORE
1018
DELISTED
Monogram Residential Trust, Inc.
MORE
| $14M | 0.02% |
1,403,700
+1,157,600
| +470% | +$11.8M |
|
1019
Pembina Pipeline
PBA
$29B
| $14M | 0.02% |
440,706
+261,600
| +146% | +$8.32M |
|
1020
Aecom
ACM
$9.57B
| $14M | 0.02% |
392,677
-430,300
| -52% | -$15.7M |
|
|
PTNR
1021
DELISTED
Partner Communications
PTNR
| $14M | 0.02% |
2,672,200
+7,600
| +0.3% | +$43.9K |
|
|
ZVO
1022
DELISTED
Zovio Inc. Common Stock
ZVO
| $14M | 0.02% |
1,308,658
+64,200
| +5% | +$657K |
|
|
SASR
1023
DELISTED
Sandy Spring Bancorp Inc
SASR
| $14M | 0.02% |
340,400
+47,500
| +16% | +$1.97M |
|
1024
Visteon
VC
$2.85B
| $13.9M | 0.02% |
142,300
-133,700
| -48% | -$12.3M |
|
1025
Houlihan Lokey
HLI
$10.2B
| $13.9M | 0.02% |
404,300
+211,400
| +110% | +$6.74M |
|
Similar funds
Renaissance Technologies's Q1 2017 Portfolio in Review
As of Q1 2017, Renaissance Technologies held 3,652 positions worth $71.6B, up 13% from $63.2B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Renaissance Technologies deployed $5.19B of net new capital in Q1 2017, opening 433 new positions and adding to 1,585 existing holdings. Its largest new stake was Merck: 7,716,460 shares worth $468M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Walt Disney, an estimated $247M trimmed.
- Renaissance Technologies's largest Q1 2017 buy was Merck: 7,716,460 shares worth $468M.
- Renaissance Technologies added most to Johnson & Johnson in Q1 2017, an estimated $440M increase.
- Renaissance Technologies's biggest Q1 2017 reduction was Walt Disney, cutting an estimated $247M.
- Renaissance Technologies fully exited Linear Technology Corp in Q1 2017, selling an estimated $482M.
- Renaissance Technologies's ten largest holdings make up 7.9% of its $71.6B portfolio in Q1 2017.
- Renaissance Technologies opened 433 new positions and closed 462 in Q1 2017.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $71.6B.
Based on Renaissance Technologies's 13F filing for Q1 2017, filed 12 May 2017.