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 | |
|---|---|---|---|---|---|---|
|
TRCO
1026
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $17.7M | 0.02% |
+417,000
| New | +$17.2M |
|
1027
GeoPark
GPRK
$601M
| $17.7M | 0.02% |
1,792,943
+299,995
| +20% | +$2.67M |
|
|
HPP
1028
Hudson Pacific Properties
HPP
$765M
| $17.7M | 0.02% |
+73,757
| New | +$17.7M |
|
1029
United States Lime & Minerals
USLM
$3.26B
| $17.7M | 0.02% |
1,145,500
+204,495
| +22% | +$3.53M |
|
|
DYN
1030
DELISTED
Dynegy, Inc.
DYN
| $17.6M | 0.02% |
1,487,256
+1,429,456
| +2,473% | +$16M |
|
1031
Expeditors International
EXPD
$22.4B
| $17.6M | 0.02% |
272,116
+125,616
| +86% | +$7.7M |
|
|
SP
1032
DELISTED
SP Plus Corporation
SP
| $17.6M | 0.02% |
474,200
+126,608
| +36% | +$4.92M |
|
1033
Varonis Systems
VRNS
$5.13B
| $17.6M | 0.02% |
1,085,400
+64,200
| +6% | +$1.01M |
|
|
WFT
1034
DELISTED
Weatherford International plc
WFT
| $17.5M | 0.02% |
4,190,930
+1,049,400
| +33% | +$3.87M |
|
1035
Camden National
CAC
$979M
| $17.4M | 0.02% |
413,749
+6,800
| +2% | +$296K |
|
1036
QuinStreet
QNST
$916M
| $17.4M | 0.02% |
2,080,100
+591,400
| +40% | +$5.02M |
|
|
HK
1037
DELISTED
Halcon Resources Corporation
HK
| $17.4M | 0.02% |
2,300,395
+1,631,995
| +244% | +$11.2M |
|
1038
Deutsche Bank
DB
$67.6B
| $17.4M | 0.02% |
914,338
-1,315,844
| -59% | -$23.7M |
|
|
SNV
1039
DELISTED
Synovus
SNV
| $17.4M | 0.02% |
362,873
+141,473
| +64% | +$6.7M |
|
1040
Central Pacific Financial
CPF
$1.02B
| $17.4M | 0.02% |
582,400
-101,000
| -15% | -$3.15M |
|
1041
Westwood Holdings Group
WHG
$187M
| $17.3M | 0.02% |
262,000
+2,700
| +1% | +$179K |
|
1042
Varex Imaging
VREX
$469M
| $17.3M | 0.02% |
431,500
+238,100
| +123% | +$8.56M |
|
1043
Globus Medical
GMED
$10.9B
| $17.3M | 0.02% |
421,200
-258,100
| -38% | -$9.04M |
|
1044
Beazer Homes USA
BZH
$913M
| $17.3M | 0.02% |
899,460
+611,200
| +212% | +$12.3M |
|
1045
Utah Medical Products
UTMD
$226M
| $17.3M | 0.02% |
212,200
+18,900
| +10% | +$1.48M |
|
1046
Nathan's Famous
NATH
$407M
| $17.2M | 0.02% |
228,400
+36,200
| +19% | +$3.07M |
|
1047
8x8 Inc
EGHT
$271M
| $17.2M | 0.02% |
1,221,700
-385,399
| -24% | -$5.32M |
|
1048
First Busey Corp
BUSE
$2.56B
| $17.2M | 0.02% |
575,133
+22,800
| +4% | +$709K |
|
1049
Photronics
PLAB
$1.72B
| $17.2M | 0.02% |
2,019,200
-61,700
| -3% | -$564K |
|
|
SIGM
1050
DELISTED
Sigma Designs Inc
SIGM
| $17.2M | 0.02% |
2,473,500
+228,400
| +10% | +$1.43M |
|
Similar funds
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.