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 | |
|---|---|---|---|---|---|---|
|
CIM
1776
Chimera Investment
CIM
$1.06B
| $5.25M | 0.01% |
94,620
-71,833
| -43% | -$4.02M |
|
|
GIFI
1777
DELISTED
Gulf Island Fabrication
GIFI
| $5.24M | 0.01% |
390,229
+53,200
| +16% | +$673K |
|
|
LTC
1778
LTC Properties
LTC
$2.06B
| $5.23M | 0.01% |
120,000
+111,900
| +1,381% | +$5.18M |
|
|
CHCT
1779
Community Healthcare Trust
CHCT
$530M
| $5.21M | 0.01% |
185,400
-128,700
| -41% | -$3.56M |
|
|
IVC
1780
DELISTED
Invacare Corporation
IVC
| $5.21M | 0.01% |
309,100
+40,700
| +15% | +$662K |
|
|
TACO
1781
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $5.21M | 0.01% |
429,600
+326,600
| +317% | +$4.22M |
|
|
LGF.A
1782
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $5.2M | 0.01% |
153,900
+57,050
| +59% | +$1.79M |
|
|
CSOD
1783
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $5.19M | 0.01% |
147,000
+105,800
| +257% | +$3.95M |
|
1784
Verastem
VSTM
$536M
| $5.19M | 0.01% |
140,942
-33,966
| -19% | -$1.53M |
|
1785
NovoCure
NVCR
$1.77B
| $5.18M | 0.01% |
+256,275
| New | +$4.93M |
|
1786
KNOT Offshore Partners
KNOP
$358M
| $5.15M | 0.01% |
248,102
+140,802
| +131% | +$3.05M |
|
|
MBTF
1787
DELISTED
MBT Financial Corporation
MBTF
| $5.15M | 0.01% |
485,647
+38,280
| +9% | +$408K |
|
|
FLY
1788
DELISTED
Fly Leasing Limited
FLY
| $5.14M | 0.01% |
398,472
+101,872
| +34% | +$1.39M |
|
1789
Interface
TILE
$1.96B
| $5.14M | 0.01% |
+204,406
| New | +$4.79M |
|
|
CCXI
1790
DELISTED
ChemoCentryx, Inc.
CCXI
| $5.14M | 0.01% |
863,581
-63,300
| -7% | -$434K |
|
|
SPNS
1791
DELISTED
Sapiens International
SPNS
| $5.14M | 0.01% |
445,800
-32,100
| -7% | -$409K |
|
1792
Cass Information Systems
CASS
$712M
| $5.13M | 0.01% |
105,788
-6,265
| -6% | -$313K |
|
1793
Diana Shipping
DSX
$286M
| $5.12M | 0.01% |
1,800,493
+554,251
| +44% | +$1.57M |
|
|
FLOW
1794
DELISTED
SPX FLOW, Inc.
FLOW
| $5.08M | 0.01% |
106,900
+85,500
| +400% | +$3.68M |
|
1795
Alpha Pro Tech
APT
$50.7M
| $5.07M | 0.01% |
1,267,410
+4,400
| +0.3% | +$17.5K |
|
|
DRNA
1796
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $5.06M | 0.01% |
560,300
+90,700
| +19% | +$667K |
|
|
PHIIK
1797
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $5.05M | 0.01% |
436,400
+5,201
| +1% | +$62K |
|
|
MR
1798
DELISTED
Montage Resources Corporation Common Stock
MR
| $5.04M | 0.01% |
139,913
+29,160
| +26% | +$1.05M |
|
1799
Icahn Enterprises
IEP
$5.18B
| $5.04M | 0.01% |
+95,015
| New | +$5.16M |
|
1800
Penske Automotive Group
PAG
$14.5B
| $5.03M | 0.01% |
105,200
-106,500
| -50% | -$5.02M |
|
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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.