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 | |
|---|---|---|---|---|---|---|
1751
Kemper
KMPR
$1.81B
| $4.47M | 0.01% |
+112,100
| New | +$4.79M |
|
1752
C&F Financial
CFFI
$275M
| $4.47M | 0.01% |
96,500
+3,854
| +4% | +$179K |
|
|
GSH
1753
DELISTED
Guangshen Railway Co. Ltd
GSH
| $4.46M | 0.01% |
147,600
-500
| -0.3% | -$15.8K |
|
1754
Century Communities
CCS
$1.98B
| $4.45M | 0.01% |
175,300
+48,300
| +38% | +$1.12M |
|
|
MOFG
1755
DELISTED
MidWestOne Financial Group
MOFG
| $4.45M | 0.01% |
129,700
+6,600
| +5% | +$238K |
|
1756
UNIFI
UFI
$114M
| $4.44M | 0.01% |
156,500
-32,534
| -17% | -$930K |
|
|
GRFS
1757
Grifois
GRFS
$5.55B
| $4.44M | 0.01% |
+235,204
| New | +$4.08M |
|
1758
HCI Group
HCI
$2.34B
| $4.44M | 0.01% |
97,400
-42,100
| -30% | -$1.85M |
|
|
SHYF
1759
DELISTED
The Shyft Group
SHYF
| $4.44M | 0.01% |
554,700
-53,548
| -9% | -$424K |
|
1760
Agnico Eagle Mines
AEM
$72.2B
| $4.43M | 0.01% |
104,400
+32,664
| +46% | +$1.47M |
|
1761
Dr. Reddy's Laboratories
RDY
$9.8B
| $4.42M | 0.01% |
+551,115
| New | +$4.76M |
|
1762
News Corp Class B
NWS
$17.7B
| $4.42M | 0.01% |
327,700
-227,400
| -41% | -$2.93M |
|
1763
Huron Consulting
HURN
$2.71B
| $4.42M | 0.01% |
+105,066
| New | +$4.63M |
|
|
PRCP
1764
DELISTED
Perceptron Inc
PRCP
| $4.41M | 0.01% |
529,300
+32,100
| +6% | +$241K |
|
|
MSL
1765
DELISTED
Midsouth Bancorp, Inc.
MSL
| $4.4M | 0.01% |
287,806
-4,594
| -2% | -$66.1K |
|
1766
Travelzoo
TZOO
$76.7M
| $4.4M | 0.01% |
456,200
-17,900
| -4% | -$167K |
|
1767
Build-A-Bear
BBW
$445M
| $4.39M | 0.01% |
496,500
-101,465
| -17% | -$1.08M |
|
1768
Eagle Materials
EXP
$6.49B
| $4.39M | 0.01% |
+45,200
| New | +$4.61M |
|
1769
Bank of N.T. Butterfield & Son
NTB
$2.41B
| $4.39M | 0.01% |
+137,500
| New | +$4.48M |
|
1770
Vertex Pharmaceuticals
VRTX
$123B
| $4.39M | 0.01% |
+40,117
| New | +$3.53M |
|
1771
Greenlight Captial
GLRE
$579M
| $4.38M | 0.01% |
198,082
+23,798
| +14% | +$539K |
|
1772
Urban One Class D
UONEK
$22.4M
| $4.37M | 0.01% |
132,291
+3,731
| +3% | +$107K |
|
|
MITL
1773
DELISTED
Mitel Networks Corporation
MITL
| $4.36M | 0.01% |
629,688
-236,000
| -27% | -$1.65M |
|
|
EDGW
1774
DELISTED
Edgewater Technology Inc
EDGW
| $4.36M | 0.01% |
585,400
+11,300
| +2% | +$80.1K |
|
|
HNH
1775
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $4.35M | 0.01% |
159,780
+400
| +0.3% | +$10.7K |
|
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.