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 | |
|---|---|---|---|---|---|---|
|
GRFS
1001
Grifois
GRFS
$5.27B
| $17.1M | 0.02% |
779,447
+465,369
| +148% | +$9.65M |
|
1002
AppFolio
APPF
$5.98B
| $17M | 0.02% |
355,400
+172,500
| +94% | +$6.78M |
|
|
LSXMA
1003
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $17M | 0.02% |
561,960
+71,007
| +14% | +$2.2M |
|
1004
QCR Holdings
QCRH
$1.64B
| $17M | 0.02% |
373,500
+68,000
| +22% | +$3.07M |
|
1005
Graco
GGG
$13B
| $16.9M | 0.02% |
410,700
+341,400
| +493% | +$13M |
|
|
WIN
1006
DELISTED
Windstream Holdings Inc
WIN
| $16.9M | 0.02% |
1,907,147
-256,760
| -12% | -$3.4M |
|
|
WBT
1007
DELISTED
Welbilt, Inc.
WBT
| $16.8M | 0.02% |
730,800
+411,600
| +129% | +$8.32M |
|
|
SBNY
1008
DELISTED
Signature Bank
SBNY
| $16.8M | 0.02% |
131,474
+113,700
| +640% | +$14.9M |
|
1009
Principal Financial Group
PFG
$24B
| $16.8M | 0.02% |
+261,600
| New | +$16.8M |
|
1010
Accuray
ARAY
$26.8M
| $16.8M | 0.02% |
4,206,500
-184,500
| -4% | -$792K |
|
1011
Glaukos
GKOS
$8.92B
| $16.6M | 0.02% |
503,600
-137,100
| -21% | -$5.21M |
|
1012
Textron
TXT
$16.7B
| $16.6M | 0.02% |
308,300
-611,600
| -66% | -$30.4M |
|
1013
Gilat Satellite Networks
GILT
$831M
| $16.6M | 0.02% |
2,760,754
+37,200
| +1% | +$209K |
|
|
PFC
1014
DELISTED
Premier Financial Corp. Common Stock
PFC
| $16.5M | 0.02% |
630,200
+30,200
| +5% | +$761K |
|
|
RGC
1015
DELISTED
Regal Entertainment Group
RGC
| $16.5M | 0.02% |
1,031,000
-286,900
| -22% | -$4.95M |
|
1016
HealthEquity
HQY
$8.28B
| $16.4M | 0.02% |
324,500
+227,400
| +234% | +$10.6M |
|
1017
Federal Agricultural Mortgage
AGM
$2.27B
| $16.4M | 0.02% |
225,500
-17,000
| -7% | -$1.15M |
|
|
CKH
1018
DELISTED
Seacor Holdings Inc.
CKH
| $16.4M | 0.02% |
367,173
+35,052
| +11% | +$1.28M |
|
1019
Papa John's
PZZA
$997M
| $16.3M | 0.02% |
222,668
-466,000
| -68% | -$35M |
|
1020
OSI Systems
OSIS
$3.58B
| $16.2M | 0.02% |
177,708
+115,700
| +187% | +$9.41M |
|
1021
Puma Biotechnology
PBYI
$407M
| $16.1M | 0.02% |
+134,600
| New | +$12.5M |
|
1022
Fortis
FTS
$29.7B
| $16.1M | 0.02% |
449,900
+212,900
| +90% | +$7.68M |
|
|
KYNB
1023
Kyntra Bio
KYNB
$28.5M
| $16.1M | 0.02% |
11,960
+2,868
| +32% | +$3.02M |
|
1024
WesBanco
WSBC
$3.93B
| $16.1M | 0.02% |
392,073
+9,131
| +2% | +$350K |
|
|
UBA
1025
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $16.1M | 0.02% |
740,800
-101,900
| -12% | -$2.13M |
|
Similar funds
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.