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 | |
|---|---|---|---|---|---|---|
1701
Anika Therapeutics
ANIK
$240M
| $5.91M | 0.01% |
109,700
-5,000
| -4% | -$277K |
|
|
UMH
1702
UMH Properties
UMH
$1.3B
| $5.89M | 0.01% |
395,500
+96,700
| +32% | +$1.47M |
|
1703
1st Source
SRCE
$2.16B
| $5.89M | 0.01% |
119,140
+700
| +0.6% | +$35.6K |
|
|
IVAC
1704
DELISTED
Intevac Inc
IVAC
| $5.89M | 0.01% |
859,685
+106,400
| +14% | +$817K |
|
1705
Viper Energy
VNOM
$8.48B
| $5.86M | 0.01% |
251,200
+91,900
| +58% | +$1.86M |
|
1706
Agree Realty
ADC
$9.42B
| $5.81M | 0.01% |
112,900
+37,400
| +50% | +$1.85M |
|
|
GRP.U
1707
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $5.79M | 0.01% |
147,800
+17,200
| +13% | +$681K |
|
|
SXCP
1708
DELISTED
SunCoke Energy Partners, L.P.
SXCP
| $5.79M | 0.01% |
331,542
+316,242
| +2,067% | +$5.51M |
|
1709
CNB Financial Corp
CCNE
$1.04B
| $5.78M | 0.01% |
220,300
+4,800
| +2% | +$134K |
|
|
HDNG
1710
DELISTED
Hardinge Inc
HDNG
| $5.77M | 0.01% |
331,000
+54,000
| +19% | +$894K |
|
1711
HF Sinclair
DINO
$16.7B
| $5.76M | 0.01% |
+112,558
| New | +$4.76M |
|
1712
Gaia
GAIA
$46.8M
| $5.75M | 0.01% |
463,600
+3,697
| +0.8% | +$45.8K |
|
1713
Eastern Company
EML
$145M
| $5.75M | 0.01% |
219,700
-8,400
| -4% | -$238K |
|
|
JASO
1714
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $5.75M | 0.01% |
770,071
-229,800
| -23% | -$1.71M |
|
1715
Tompkins Financial
TMP
$1.42B
| $5.74M | 0.01% |
70,500
-8,100
| -10% | -$688K |
|
|
STMP
1716
DELISTED
Stamps.com, Inc.
STMP
| $5.73M | 0.01% |
+30,500
| New | +$5.89M |
|
1717
Liberty Global Class A
LBTYA
$3.56B
| $5.72M | 0.01% |
+159,687
| New | +$5.08M |
|
|
IIN
1718
DELISTED
IntriCon Corporation
IIN
| $5.71M | 0.01% |
288,600
+51,000
| +21% | +$765K |
|
1719
Primerica
PRI
$10.1B
| $5.71M | 0.01% |
+56,250
| New | +$5.36M |
|
1720
MacroGenics
MGNX
$240M
| $5.71M | 0.01% |
300,523
+106,900
| +55% | +$2M |
|
1721
AXT Inc
AXTI
$3.07B
| $5.7M | 0.01% |
655,500
-231,300
| -26% | -$2.11M |
|
1722
Columbia Banking Systems
COLB
$8.84B
| $5.69M | 0.01% |
131,078
+91,491
| +231% | +$3.99M |
|
1723
Transportadora de Gas del Sur
TGS
$4.73B
| $5.69M | 0.01% |
265,749
-63,348
| -19% | -$1.32M |
|
|
PRCP
1724
DELISTED
Perceptron Inc
PRCP
| $5.68M | 0.01% |
586,100
+54,200
| +10% | +$488K |
|
1725
Fox Factory Holding Corp
FOXF
$747M
| $5.66M | 0.01% |
+145,593
| New | +$5.89M |
|
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.