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 | |
|---|---|---|---|---|---|---|
|
GOL
1601
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $5.68M | 0.01% |
1,071,700
-13,000
| -1% | -$60.5K |
|
1602
RPC Inc
RES
$1.13B
| $5.67M | 0.01% |
+309,619
| New | +$6.25M |
|
1603
Clear Channel Outdoor Holdings
CCO
$1.22B
| $5.67M | 0.01% |
936,900
+40,800
| +5% | +$215K |
|
|
CORE
1604
DELISTED
Core Mark Holding Co., Inc.
CORE
| $5.64M | 0.01% |
+180,800
| New | +$6.32M |
|
|
OXFD
1605
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $5.63M | 0.01% |
363,300
+179,600
| +98% | +$2.57M |
|
1606
Grupo Aval
AVAL
$5.82B
| $5.63M | 0.01% |
688,700
+270,394
| +65% | +$2.18M |
|
1607
Harmony Gold Mining
HMY
$9.7B
| $5.61M | 0.01% |
2,288,799
-2,188,000
| -49% | -$5.46M |
|
|
AAWW
1608
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $5.61M | 0.01% |
+101,100
| New | +$5.39M |
|
1609
Donegal Group Class A
DGICA
$715M
| $5.61M | 0.01% |
318,100
-14,900
| -4% | -$252K |
|
1610
City Holding Co
CHCO
$2.05B
| $5.6M | 0.01% |
86,900
-2,400
| -3% | -$157K |
|
|
WNR
1611
DELISTED
Western Refining Inc
WNR
| $5.59M | 0.01% |
159,400
-242,200
| -60% | -$8.75M |
|
|
AUD
1612
DELISTED
Audacy, Inc.
AUD
| $5.58M | 0.01% |
390,300
+179,167
| +85% | +$2.65M |
|
|
REIS
1613
DELISTED
Reis, Inc.
REIS
| $5.58M | 0.01% |
311,700
+13,900
| +5% | +$271K |
|
|
FL
1614
DELISTED
Foot Locker
FL
| $5.57M | 0.01% |
+74,400
| New | +$5.37M |
|
|
PRO
1615
DELISTED
PROS Holdings
PRO
| $5.56M | 0.01% |
229,700
-37,100
| -14% | -$838K |
|
1616
York Water
YORW
$511M
| $5.54M | 0.01% |
158,000
+8,400
| +6% | +$298K |
|
|
AMRN
1617
Amarin Corp
AMRN
$297M
| $5.54M | 0.01% |
86,510
+67,210
| +348% | +$4.27M |
|
1618
Mueller Water Products
MWA
$3.94B
| $5.52M | 0.01% |
466,900
-26,300
| -5% | -$334K |
|
|
SRT
1619
DELISTED
Startek Inc.
SRT
| $5.51M | 0.01% |
634,300
+23,900
| +4% | +$206K |
|
1620
CNB Financial Corp
CCNE
$1.05B
| $5.48M | 0.01% |
229,408
-7,492
| -3% | -$186K |
|
1621
Transportadora de Gas del Sur
TGS
$4.48B
| $5.46M | 0.01% |
398,860
-186,834
| -32% | -$2.09M |
|
1622
Hawkins
HWKN
$2.9B
| $5.46M | 0.01% |
222,702
+47,702
| +27% | +$1.22M |
|
1623
Richardson Electronics
RELL
$244M
| $5.45M | 0.01% |
904,499
-7,000
| -0.8% | -$42.8K |
|
1624
Sumitomo Mitsui Financial
SMFG
$159B
| $5.44M | 0.01% |
750,404
-741,696
| -50% | -$5.76M |
|
|
VLP
1625
DELISTED
Valero Energy Partners LP
VLP
| $5.44M | 0.01% |
113,478
+14,036
| +14% | +$673K |
|
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.