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 | |
|---|---|---|---|---|---|---|
|
ANDV
176
DELISTED
Andeavor
ANDV
| $108M | 0.12% |
942,685
+194,100
| +26% | +$20.9M |
|
177
Royal Caribbean
RCL
$78.7B
| $107M | 0.12% |
900,900
+83,500
| +10% | +$10.3M |
|
178
Braskem
BAK
$980M
| $107M | 0.12% |
4,077,000
-57,300
| -1% | -$1.64M |
|
179
Danaher
DHR
$135B
| $107M | 0.12% |
1,297,087
+1,188,461
| +1,094% | +$96.6M |
|
|
PCH
180
DELISTED
PotlatchDeltic
PCH
| $105M | 0.12% |
2,113,953
+344,100
| +19% | +$17.8M |
|
181
Northrop Grumman
NOC
$77B
| $105M | 0.12% |
342,500
-326,800
| -49% | -$98.1M |
|
182
Telkom Indonesia
TLK
$14.2B
| $105M | 0.12% |
3,256,500
+731,800
| +29% | +$22.9M |
|
|
CSGS
183
DELISTED
CSG Systems International
CSGS
| $104M | 0.12% |
2,380,522
+5,197
| +0.2% | +$224K |
|
|
DCM
184
DELISTED
NTT DOCOMO, Inc.
DCM
| $104M | 0.11% |
4,371,500
+119,900
| +3% | +$2.92M |
|
185
Aon
AON
$77.3B
| $104M | 0.11% |
773,401
+747,001
| +2,830% | +$106M |
|
186
Huntington Ingalls Industries
HII
$11.3B
| $104M | 0.11% |
439,300
-75,900
| -15% | -$17.9M |
|
|
KSU
187
DELISTED
Kansas City Southern
KSU
| $103M | 0.11% |
982,400
+249,000
| +34% | +$26.6M |
|
|
SOHU
188
Sohu.com
SOHU
$336M
| $103M | 0.11% |
2,379,200
+21,800
| +0.9% | +$1.17M |
|
189
Ecopetrol
EC
$32.9B
| $102M | 0.11% |
6,996,400
-124,300
| -2% | -$1.43M |
|
190
PG&E
PCG
$47.8B
| $102M | 0.11% |
2,280,600
+1,453,000
| +176% | +$81.4M |
|
191
Wayfair
W
$11.1B
| $102M | 0.11% |
1,272,300
+341,900
| +37% | +$24M |
|
|
JOYY
192
JOYY Inc
JOYY
$3.73B
| $102M | 0.11% |
899,899
+59,899
| +7% | +$6.01M |
|
193
Carnival Corporation Ltd
CCL
$36.1B
| $102M | 0.11% |
+1,532,500
| New | +$102M |
|
|
MGLN
194
DELISTED
Magellan Health Services, Inc.
MGLN
| $101M | 0.11% |
1,042,200
-72,100
| -6% | -$6.38M |
|
|
TTM
195
DELISTED
Tata Motors Limited
TTM
| $99.9M | 0.11% |
3,020,900
+306,400
| +11% | +$9.9M |
|
|
SNP
196
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $99.4M | 0.11% |
1,354,930
+382,700
| +39% | +$27.9M |
|
197
Skywest
SKYW
$4.11B
| $99M | 0.11% |
1,863,468
+302,000
| +19% | +$14.8M |
|
198
Atlassian
TEAM
$22B
| $98M | 0.11% |
2,153,200
+737,658
| +52% | +$34.3M |
|
199
Chipotle Mexican Grill
CMG
$40.8B
| $98M | 0.11% |
16,950,000
-8,410,000
| -33% | -$50.2M |
|
200
Berkshire Hathaway Class A
BRK.A
$1.07T
| $97.6M | 0.11% |
328
-41
| -11% | -$11.7M |
|
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.