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 | |
|---|---|---|---|---|---|---|
1401
Bank of Marin Bancorp
BMRC
$469M
| $9.83M | 0.01% |
289,000
+20,200
| +8% | +$697K |
|
1402
Caesarstone
CSTE
$72.6M
| $9.83M | 0.01% |
446,640
+252,500
| +130% | +$6.48M |
|
|
GSS
1403
DELISTED
Golden Star Resources Ltd.
GSS
| $9.79M | 0.01% |
2,199,818
+206,080
| +10% | +$833K |
|
1404
Mesa Laboratories
MLAB
$556M
| $9.77M | 0.01% |
78,600
-5,600
| -7% | -$783K |
|
1405
Employers Holdings
EIG
$900M
| $9.73M | 0.01% |
219,200
-9,200
| -4% | -$434K |
|
1406
Carpenter Technology
CRS
$26.8B
| $9.73M | 0.01% |
190,800
-73,900
| -28% | -$3.67M |
|
1407
Celestica
CLS
$38.7B
| $9.72M | 0.01% |
927,188
+421,300
| +83% | +$4.66M |
|
1408
TTEC Holdings
TTEC
$119M
| $9.72M | 0.01% |
241,400
+32,800
| +16% | +$1.35M |
|
1409
News Corp Class A
NWSA
$15.5B
| $9.71M | 0.01% |
598,900
+231,117
| +63% | +$3.46M |
|
1410
AllianceBernstein
AB
$3.48B
| $9.68M | 0.01% |
386,300
+164,000
| +74% | +$4.14M |
|
|
WMC
1411
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $9.66M | 0.01% |
97,121
-16,590
| -15% | -$1.69M |
|
|
LBAI
1412
DELISTED
Lakeland Bancorp Inc
LBAI
| $9.64M | 0.01% |
500,900
-22,200
| -4% | -$450K |
|
1413
Great Southern Bancorp
GSBC
$876M
| $9.6M | 0.01% |
185,900
-8,200
| -4% | -$441K |
|
1414
Illumina
ILMN
$29.4B
| $9.57M | 0.01% |
45,045
-91,903
| -67% | -$18.9M |
|
1415
America Movil
AMX
$76.2B
| $9.56M | 0.01% |
557,500
+383,700
| +221% | +$6.69M |
|
|
TRUE
1416
DELISTED
TrueCar
TRUE
| $9.56M | 0.01% |
853,700
-33,100
| -4% | -$436K |
|
1417
Groupon
GRPN
$1.06B
| $9.56M | 0.01% |
+93,685
| New | +$9.86M |
|
|
CSW
1418
CSW Industrials
CSW
$4.67B
| $9.55M | 0.01% |
207,900
-9,400
| -4% | -$444K |
|
|
PMD
1419
DELISTED
Psychemedics Corporation
PMD
| $9.55M | 0.01% |
464,429
-26,571
| -5% | -$493K |
|
1420
Take-Two Interactive
TTWO
$46.5B
| $9.52M | 0.01% |
86,750
-1,350,900
| -94% | -$148M |
|
1421
Bank of Hawaii
BOH
$3.15B
| $9.51M | 0.01% |
111,000
-30,200
| -21% | -$2.52M |
|
1422
Ecolab
ECL
$79.1B
| $9.49M | 0.01% |
+70,722
| New | +$9.41M |
|
1423
Core Molding Technologies
CMT
$201M
| $9.48M | 0.01% |
436,700
+15,900
| +4% | +$351K |
|
1424
Arbor Realty Trust
ABR
$977M
| $9.46M | 0.01% |
1,095,400
+651,704
| +147% | +$5.54M |
|
|
SNBC
1425
DELISTED
Sun Bancorp Inc
SNBC
| $9.46M | 0.01% |
389,189
+133,299
| +52% | +$3.34M |
|
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.