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 | |
|---|---|---|---|---|---|---|
1426
Helen of Troy
HELE
$656M
| $7.67M | 0.01% |
81,410
+200
| +0.2% | +$18.9K |
|
|
WLB
1427
DELISTED
Westmoreland Coal Company
WLB
| $7.66M | 0.01% |
527,500
+194,800
| +59% | +$3.1M |
|
|
GMS
1428
DELISTED
GMS Inc
GMS
| $7.66M | 0.01% |
+218,500
| New | +$6.76M |
|
|
CCC
1429
DELISTED
Calgon Carbon Corp
CCC
| $7.65M | 0.01% |
523,900
-24,300
| -4% | -$373K |
|
|
STS
1430
DELISTED
Supreme Industries Inc Class A
STS
| $7.64M | 0.01% |
377,103
+68,900
| +22% | +$1.29M |
|
|
TBHC
1431
DELISTED
The Brand House Collective
TBHC
| $7.63M | 0.01% |
615,700
+62,900
| +11% | +$790K |
|
|
LHCG
1432
DELISTED
LHC Group LLC
LHCG
| $7.63M | 0.01% |
141,500
+49,900
| +54% | +$2.42M |
|
|
CHA
1433
DELISTED
China Telecom Corporation, LTD
CHA
| $7.62M | 0.01% |
156,600
-25,000
| -14% | -$1.2M |
|
1434
Horizon Bancorp
HBNC
$1.06B
| $7.61M | 0.01% |
435,105
+74,850
| +21% | +$1.3M |
|
1435
Brookfield Renewable
BEP
$9.6B
| $7.6M | 0.01% |
480,296
+374,463
| +354% | +$5.84M |
|
|
ENOC
1436
DELISTED
EnerNOC, Inc.
ENOC
| $7.57M | 0.01% |
1,262,200
+61,862
| +5% | +$352K |
|
|
HZN
1437
DELISTED
Horizon Global Corporation
HZN
| $7.57M | 0.01% |
545,300
+28,200
| +5% | +$516K |
|
|
RPT
1438
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $7.55M | 0.01% |
538,400
-217,876
| -29% | -$3.37M |
|
1439
Koppers
KOP
$946M
| $7.54M | 0.01% |
178,000
+31,400
| +21% | +$1.32M |
|
1440
SITE Centers
SITC
$236M
| $7.54M | 0.01% |
466,808
+373,831
| +402% | +$6.9M |
|
|
BECN
1441
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $7.49M | 0.01% |
152,357
-18,000
| -11% | -$831K |
|
|
MJN
1442
DELISTED
Mead Johnson Nutrition Company
MJN
| $7.48M | 0.01% |
84,000
-941,700
| -92% | -$77.4M |
|
1443
RLJ Lodging Trust
RLJ
$1.88B
| $7.48M | 0.01% |
318,200
-56,100
| -15% | -$1.31M |
|
1444
Federal Realty Investment Trust
FRT
$10.9B
| $7.48M | 0.01% |
56,000
+40,600
| +264% | +$5.61M |
|
1445
RELX
RELX
$66.8B
| $7.47M | 0.01% |
377,528
+177,600
| +89% | +$3.32M |
|
1446
Ceragon Networks
CRNT
$188M
| $7.47M | 0.01% |
2,285,300
-50,170
| -2% | -$178K |
|
1447
Hecla Mining
HL
$9.49B
| $7.46M | 0.01% |
1,410,400
-128,300
| -8% | -$741K |
|
|
ULTI
1448
DELISTED
Ultimate Software Group Inc
ULTI
| $7.46M | 0.01% |
38,214
-5,534
| -13% | -$1.08M |
|
1449
Stantec
STN
$8.17B
| $7.44M | 0.01% |
286,797
-10,303
| -3% | -$270K |
|
|
CIO
1450
DELISTED
City Office REIT
CIO
| $7.43M | 0.01% |
611,900
+109,501
| +22% | +$1.38M |
|
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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.