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 | |
|---|---|---|---|---|---|---|
|
BAS
1651
DELISTED
Basis Energy Services, Inc.
BAS
| $6.45M | 0.01% |
274,600
+126,900
| +86% | +$2.64M |
|
|
QIWI
1652
DELISTED
QIWI PLC
QIWI
| $6.44M | 0.01% |
371,500
-47,200
| -11% | -$755K |
|
1653
Universal Corp
UVV
$1.37B
| $6.43M | 0.01% |
122,500
-193,000
| -61% | -$10.7M |
|
1654
Park National Corp
PRK
$3.84B
| $6.43M | 0.01% |
61,800
-2,500
| -4% | -$271K |
|
|
NBIS
1655
Nebius Group N.V.
NBIS
$37.6B
| $6.42M | 0.01% |
195,900
-185,200
| -49% | -$6.04M |
|
1656
West Bancorporation
WTBA
$477M
| $6.41M | 0.01% |
254,900
+16,095
| +7% | +$406K |
|
|
NWLI
1657
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $6.39M | 0.01% |
19,300
+4,400
| +30% | +$1.54M |
|
|
INFO
1658
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $6.38M | 0.01% |
+141,266
| New | +$6.23M |
|
|
HMSY
1659
DELISTED
HMS Holdings Corp.
HMSY
| $6.36M | 0.01% |
375,300
-255,500
| -41% | -$4.47M |
|
1660
Timken Company
TKR
$9.19B
| $6.36M | 0.01% |
129,400
+3,500
| +3% | +$169K |
|
1661
Commercial Metals
CMC
$7.53B
| $6.36M | 0.01% |
+298,200
| New | +$5.94M |
|
|
EMKR
1662
DELISTED
Emcore Corp
EMKR
| $6.33M | 0.01% |
98,120
+11,800
| +14% | +$886K |
|
|
ACHN
1663
DELISTED
Achillion Pharmaceuticals
ACHN
| $6.29M | 0.01% |
2,182,467
+1,228,492
| +129% | +$4.46M |
|
1664
Restaurant Brands International
QSR
$26.2B
| $6.28M | 0.01% |
101,800
+74,900
| +278% | +$4.8M |
|
1665
Packaging Corp of America
PKG
$22.2B
| $6.27M | 0.01% |
52,000
-61,000
| -54% | -$7.08M |
|
|
SMMF
1666
DELISTED
Summit Financial Group, Inc.
SMMF
| $6.26M | 0.01% |
237,835
+8,300
| +4% | +$222K |
|
|
ARR
1667
Armour Residential REIT
ARR
$2.32B
| $6.26M | 0.01% |
48,664
-92,880
| -66% | -$12M |
|
|
ALSK
1668
DELISTED
Alaska Communications Systems
ALSK
| $6.25M | 0.01% |
2,330,740
+28,811
| +1% | +$67.6K |
|
|
SEAC
1669
DELISTED
Seachange International Inc
SEAC
| $6.23M | 0.01% |
79,211
+23,345
| +42% | +$1.38M |
|
1670
Neogen
NEOG
$2.05B
| $6.22M | 0.01% |
201,867
-197,866
| -49% | -$6M |
|
1671
VanEck Semiconductor ETF
SMH
$60.8B
| $6.22M | 0.01% |
+127,200
| New | +$6.34M |
|
1672
Willdan Group
WLDN
$1.02B
| $6.21M | 0.01% |
259,300
-119,900
| -32% | -$3.25M |
|
|
SPLK
1673
DELISTED
Splunk Inc
SPLK
| $6.19M | 0.01% |
+74,700
| New | +$5.48M |
|
1674
Seacoast Banking Corp of Florida
SBCF
$3.3B
| $6.18M | 0.01% |
245,200
-147,700
| -38% | -$3.69M |
|
1675
Crawford & Co Class B
CRD.B
$507M
| $6.17M | 0.01% |
641,500
-17,700
| -3% | -$188K |
|
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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.