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 | |
|---|---|---|---|---|---|---|
1351
Clearfield
CLFD
$401M
| $8.51M | 0.01% |
517,286
+42,087
| +9% | +$744K |
|
1352
DNOW Inc
DNOW
$2.44B
| $8.49M | 0.01% |
500,500
-345,300
| -41% | -$6.8M |
|
1353
Cintas
CTAS
$86.6B
| $8.42M | 0.01% |
266,272
-1,946,000
| -88% | -$57.6M |
|
1354
Commercial Vehicle Group
CVGI
$147M
| $8.41M | 0.01% |
1,242,000
+114,794
| +10% | +$675K |
|
1355
First Citizens BancShares
FCNCA
$24.7B
| $8.38M | 0.01% |
25,000
+10,900
| +77% | +$3.87M |
|
|
HTLF
1356
DELISTED
Heartland Financial USA, Inc.
HTLF
| $8.38M | 0.01% |
167,700
+15,700
| +10% | +$757K |
|
|
MIME
1357
DELISTED
Mimecast Limited
MIME
| $8.38M | 0.01% |
374,100
-7,800
| -2% | -$160K |
|
|
ENIA
1358
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $8.37M | 0.01% |
805,500
-246,800
| -23% | -$2.33M |
|
|
FONR
1359
DELISTED
Fonar
FONR
| $8.37M | 0.01% |
476,716
-3,738
| -0.8% | -$70.5K |
|
|
ANW
1360
DELISTED
Aegean Marine Petroleum Network
ANW
| $8.36M | 0.01% |
694,100
+149,800
| +28% | +$1.63M |
|
1361
CNO Financial Group
CNO
$4.94B
| $8.36M | 0.01% |
407,700
+200,800
| +97% | +$4.02M |
|
|
DCT
1362
DELISTED
DCT Industrial Trust Inc.
DCT
| $8.34M | 0.01% |
173,275
+91,175
| +111% | +$4.29M |
|
1363
Lamar Advertising Co
LAMR
$16.7B
| $8.33M | 0.01% |
111,412
+60,400
| +118% | +$4.53M |
|
|
CUNB
1364
DELISTED
CU Bancorp
CUNB
| $8.33M | 0.01% |
210,000
+6,500
| +3% | +$244K |
|
|
CEB
1365
DELISTED
CEB Inc.
CEB
| $8.32M | 0.01% |
+105,893
| New | +$8.15M |
|
|
EEQ
1366
DELISTED
Enbridge Energy Management Llc
EEQ
| $8.31M | 0.01% |
529,961
+281,731
| +113% | +$4.77M |
|
1367
Atkore
ATKR
$2.41B
| $8.31M | 0.01% |
+316,300
| New | +$8.14M |
|
1368
Sanmina
SANM
$8.78B
| $8.31M | 0.01% |
204,733
+10,300
| +5% | +$398K |
|
|
EXAS
1369
DELISTED
Exact Sciences
EXAS
| $8.3M | 0.01% |
+351,300
| New | +$6.96M |
|
|
ANCX
1370
DELISTED
Access National Corp
ANCX
| $8.3M | 0.01% |
276,400
-43,500
| -14% | -$1.2M |
|
1371
Community Trust Bancorp
CTBI
$1.42B
| $8.29M | 0.01% |
181,200
-13,377
| -7% | -$622K |
|
|
SJI
1372
DELISTED
South Jersey Industries, Inc.
SJI
| $8.26M | 0.01% |
231,800
-29,600
| -11% | -$993K |
|
1373
TTM Technologies
TTMI
$10.6B
| $8.25M | 0.01% |
511,229
-664,385
| -57% | -$10.3M |
|
|
PIR
1374
DELISTED
Pier 1 Imports, Inc.
PIR
| $8.24M | 0.01% |
57,579
-44,391
| -44% | -$6.51M |
|
1375
Natural Gas Services Group
NGS
$457M
| $8.19M | 0.01% |
314,400
+49,900
| +19% | +$1.4M |
|
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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.