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 | |
|---|---|---|---|---|---|---|
|
XEC
1451
DELISTED
CIMAREX ENERGY CO
XEC
| $7.37M | 0.01% |
61,698
+8,800
| +17% | +$1.14M |
|
|
SPR
1452
DELISTED
Spirit AeroSystems
SPR
| $7.35M | 0.01% |
126,900
-835,100
| -87% | -$48.8M |
|
1453
Fossil Group
FOSL
$260M
| $7.35M | 0.01% |
421,000
+412,600
| +4,912% | +$8.75M |
|
1454
International Paper
IP
$22.6B
| $7.34M | 0.01% |
+152,592
| New | +$7.65M |
|
1455
Integra LifeSciences
IART
$1.28B
| $7.32M | 0.01% |
+173,660
| New | +$7.42M |
|
1456
Alkermes
ALKS
$8.11B
| $7.31M | 0.01% |
+124,886
| New | +$7.08M |
|
1457
James River Group Holdings
JRVR
$219M
| $7.3M | 0.01% |
170,400
+52,000
| +44% | +$2.16M |
|
|
TSC
1458
DELISTED
TriState Capital Holdings, Inc.
TSC
| $7.29M | 0.01% |
312,300
-8,500
| -3% | -$194K |
|
1459
New Jersey Resources
NJR
$6B
| $7.29M | 0.01% |
184,100
+52,600
| +40% | +$1.98M |
|
1460
Griffon
GFF
$4.02B
| $7.29M | 0.01% |
295,600
+91,500
| +45% | +$2.28M |
|
|
BGFV
1461
DELISTED
Big 5 Sporting Goods
BGFV
| $7.27M | 0.01% |
481,393
-259,269
| -35% | -$3.94M |
|
1462
Evolution Petroleum
EPM
$133M
| $7.26M | 0.01% |
907,800
-5,400
| -0.6% | -$46.1K |
|
|
UAM
1463
DELISTED
Universal American Corp
UAM
| $7.26M | 0.01% |
728,176
+162,050
| +29% | +$1.61M |
|
|
CSW
1464
CSW Industrials
CSW
$4.44B
| $7.25M | 0.01% |
197,400
-17,900
| -8% | -$654K |
|
|
OB
1465
DELISTED
Onebeacon Insurance Group Ltd
OB
| $7.23M | 0.01% |
452,100
+15,400
| +4% | +$245K |
|
|
MBVT
1466
DELISTED
Merchants Bancshares Inc
MBVT
| $7.21M | 0.01% |
148,011
+8,611
| +6% | +$439K |
|
|
XIN
1467
DELISTED
Xinyuan Real Estate
XIN
| $7.2M | 0.01% |
163,220
-29,370
| -15% | -$1.47M |
|
1468
American Vanguard Corp
AVD
$68.7M
| $7.19M | 0.01% |
433,394
-9,958
| -2% | -$166K |
|
1469
Piper Sandler
PIPR
$4.99B
| $7.18M | 0.01% |
450,000
+332,800
| +284% | +$5.89M |
|
1470
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $7.18M | 0.01% |
59,500
-36,600
| -38% | -$4.39M |
|
1471
Virtu Financial
VIRT
$5.04B
| $7.16M | 0.01% |
421,100
+339,691
| +417% | +$5.88M |
|
1472
Fresenius Medical Care
FMS
$13.4B
| $7.14M | 0.01% |
+169,500
| New | +$7.01M |
|
1473
Vishay Precision Group
VPG
$1.08B
| $7.14M | 0.01% |
451,800
+35,800
| +9% | +$597K |
|
|
SVC
1474
Service Properties Trust
SVC
$1.05B
| $7.12M | 0.01% |
45,148
-22,452
| -33% | -$3.52M |
|
|
TRR
1475
DELISTED
Trc Companies
TRR
| $7.11M | 0.01% |
407,600
-94,900
| -19% | -$1.02M |
|
Similar funds
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.