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 | |
|---|---|---|---|---|---|---|
1201
National Presto Industries
NPK
$896M
| $12.1M | 0.01% |
113,900
+38,600
| +51% | +$4.08M |
|
|
TRST
1202
Trustco Bank Corp NY
TRST
$999M
| $12.1M | 0.01% |
271,580
+8,500
| +3% | +$339K |
|
1203
Enova International
ENVA
$6.2B
| $12.1M | 0.01% |
897,894
-92,406
| -9% | -$1.26M |
|
|
AE
1204
DELISTED
Adams Resources & Energy Inc
AE
| $12.1M | 0.01% |
290,801
+4,901
| +2% | +$184K |
|
|
ANCX
1205
DELISTED
Access National Corp
ANCX
| $12M | 0.01% |
420,305
-22,000
| -5% | -$576K |
|
1206
Stryker
SYK
$132B
| $12M | 0.01% |
84,800
+52,500
| +163% | +$7.53M |
|
|
TSC
1207
DELISTED
TriState Capital Holdings, Inc.
TSC
| $12M | 0.01% |
525,400
+151,200
| +40% | +$3.4M |
|
1208
Warrior Met Coal
HCC
$4.19B
| $12M | 0.01% |
+509,500
| New | +$11.7M |
|
1209
Sumitomo Mitsui Financial
SMFG
$163B
| $12M | 0.01% |
1,554,900
+150,561
| +11% | +$1.15M |
|
|
ASCMA
1210
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $12M | 0.01% |
919,100
+4,400
| +0.5% | +$58.5K |
|
|
AIMC
1211
DELISTED
Altra Industrial Motion Corp
AIMC
| $11.9M | 0.01% |
248,100
+29,400
| +13% | +$1.3M |
|
1212
Atlanta Braves Holdings Series B
BATRK
$3.26B
| $11.9M | 0.01% |
472,000
+221,600
| +88% | +$5.47M |
|
|
BRG
1213
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $11.9M | 0.01% |
1,077,900
+205,644
| +24% | +$2.35M |
|
1214
General Mills
GIS
$20.1B
| $11.9M | 0.01% |
230,200
-2,601,300
| -92% | -$143M |
|
1215
Hasbro
HAS
$13.5B
| $11.9M | 0.01% |
121,900
-201,400
| -62% | -$20.4M |
|
|
WMC
1216
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $11.9M | 0.01% |
113,711
+27,140
| +31% | +$2.84M |
|
1217
Pilgrim's Pride
PPC
$7.13B
| $11.8M | 0.01% |
417,113
-27,687
| -6% | -$728K |
|
1218
Artesian Resources
ARTNA
$362M
| $11.8M | 0.01% |
312,800
+11,100
| +4% | +$418K |
|
1219
First Commonwealth Financial
FCF
$2.17B
| $11.8M | 0.01% |
836,400
-87,400
| -9% | -$1.13M |
|
|
LAYN
1220
DELISTED
Layne Christensen Co
LAYN
| $11.8M | 0.01% |
941,054
+162,168
| +21% | +$1.71M |
|
1221
Horizon Bancorp
HBNC
$1.07B
| $11.8M | 0.01% |
606,492
+85,950
| +17% | +$1.51M |
|
1222
Sasol
SSL
$7.04B
| $11.8M | 0.01% |
428,300
+86,400
| +25% | +$2.54M |
|
1223
T-Mobile US
TMUS
$198B
| $11.8M | 0.01% |
191,150
-299,300
| -61% | -$18.8M |
|
1224
Cabot Corp
CBT
$4.72B
| $11.8M | 0.01% |
+211,200
| New | +$11.3M |
|
|
FFNW
1225
DELISTED
First Financial Northwest, Inc
FFNW
| $11.8M | 0.01% |
693,000
-14,700
| -2% | -$241K |
|
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.