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 | |
|---|---|---|---|---|---|---|
1926
Howard Hughes
HHH
$3.87B
| $4.17M | ﹤0.01% |
33,328
+20,320
| +156% | +$2.42M |
|
|
VSA
1927
VisionSys AI
VSA
$8.16M
| $4.15M | ﹤0.01% |
111
-18
| -14% | -$643K |
|
1928
Kingstone Companies
KINS
$293M
| $4.14M | ﹤0.01% |
220,331
-27,569
| -11% | -$485K |
|
1929
SiriusXM
SIRI
$10.4B
| $4.14M | ﹤0.01% |
77,220
-327,982
| -81% | -$18.1M |
|
|
VVUS
1930
DELISTED
Vivus Inc
VVUS
| $4.14M | ﹤0.01% |
823,115
-44,127
| -5% | -$302K |
|
1931
Vermilion Energy
VET
$1.76B
| $4.12M | ﹤0.01% |
113,500
-115,800
| -51% | -$4.03M |
|
|
NFX
1932
DELISTED
Newfield Exploration
NFX
| $4.12M | ﹤0.01% |
130,700
-318,000
| -71% | -$9.65M |
|
|
ITCL
1933
DELISTED
Banco Itau Chile American Depositary Shares (each representing one third of one (1/3) Common Share)
ITCL
| $4.1M | ﹤0.01% |
305,300
+300
| +0.1% | +$3.96K |
|
|
AAT
1934
American Assets Trust
AAT
$1.48B
| $4.1M | ﹤0.01% |
+107,100
| New | +$4.21M |
|
|
OTIC
1935
DELISTED
Otonomy, Inc.
OTIC
| $4.09M | ﹤0.01% |
+737,650
| New | +$3.2M |
|
1936
LXP Industrial Trust
LXP
$3.52B
| $4.09M | ﹤0.01% |
84,796
+54,920
| +184% | +$2.82M |
|
1937
eGain
EGAN
$183M
| $4.08M | ﹤0.01% |
778,014
+514,784
| +196% | +$1.9M |
|
|
WPZ
1938
DELISTED
Williams Partners L.P.
WPZ
| $4.07M | ﹤0.01% |
104,934
-696,800
| -87% | -$26.2M |
|
1939
Embotelladora Andina Series A
AKO.A
$3.58B
| $4.06M | ﹤0.01% |
153,100
+1,900
| +1% | +$48.5K |
|
|
ECOL
1940
DELISTED
US Ecology, Inc.
ECOL
| $4.05M | ﹤0.01% |
79,500
-50,500
| -39% | -$2.55M |
|
|
INOV
1941
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $4.05M | ﹤0.01% |
+270,300
| New | +$4.3M |
|
|
PRMW
1942
DELISTED
Primo Water Corporation
PRMW
| $4.05M | ﹤0.01% |
322,155
-79,800
| -20% | -$956K |
|
1943
BBVA Argentina
BBAR
$4.04B
| $4.04M | ﹤0.01% |
160,408
-140,092
| -47% | -$3.1M |
|
1944
Verisk Analytics
VRSK
$26.1B
| $4.04M | ﹤0.01% |
42,100
+14,493
| +52% | +$1.31M |
|
1945
United-Guardian
UG
$33.2M
| $4.04M | ﹤0.01% |
218,300
+6,200
| +3% | +$114K |
|
|
HPJ
1946
DELISTED
Highpower International Inc
HPJ
| $4.04M | ﹤0.01% |
1,090,700
+70,000
| +7% | +$321K |
|
|
VWTR
1947
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $4.04M | ﹤0.01% |
315,238
-362
| -0.1% | -$5.78K |
|
1948
Codexis
CDXS
$159M
| $4.03M | ﹤0.01% |
482,100
-220,500
| -31% | -$1.53M |
|
1949
Orion Group Holdings
ORN
$387M
| $4.02M | ﹤0.01% |
513,694
-78,406
| -13% | -$582K |
|
|
MITT
1950
TPG Mortgage Investment Trust
MITT
$225M
| $4.02M | ﹤0.01% |
70,500
+36,558
| +108% | +$2.11M |
|
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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.