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 | |
|---|---|---|---|---|---|---|
|
ARQL
1976
DELISTED
Arqule Inc
ARQL
| $3.79M | ﹤0.01% |
2,295,703
+315,203
| +16% | +$409K |
|
|
PGRE
1977
DELISTED
Paramount Group
PGRE
| $3.79M | ﹤0.01% |
+238,900
| New | +$3.83M |
|
|
CYBR
1978
DELISTED
CyberArk
CYBR
| $3.78M | ﹤0.01% |
+91,417
| New | +$4M |
|
1979
PTC Therapeutics
PTCT
$6.26B
| $3.78M | ﹤0.01% |
+226,600
| New | +$3.84M |
|
|
SAGE
1980
DELISTED
Sage Therapeutics
SAGE
| $3.78M | ﹤0.01% |
+22,931
| New | +$2.22M |
|
1981
KVH Industries
KVHI
$181M
| $3.78M | ﹤0.01% |
364,800
+2,400
| +0.7% | +$26.7K |
|
1982
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $3.77M | ﹤0.01% |
143,000
+81,200
| +131% | +$2.23M |
|
|
SCU
1983
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $3.77M | ﹤0.01% |
150,695
+134,415
| +826% | +$4.22M |
|
1984
DMC Global
BOOM
$128M
| $3.76M | ﹤0.01% |
150,000
+3,100
| +2% | +$63.6K |
|
1985
Texas Pacific Land
TPL
$27.2B
| $3.76M | ﹤0.01% |
75,708
-54,000
| -42% | -$2.46M |
|
|
EDGW
1986
DELISTED
Edgewater Technology Inc
EDGW
| $3.75M | ﹤0.01% |
601,200
+5,400
| +0.9% | +$34.4K |
|
|
DALN
1987
DELISTED
DallasNews
DALN
| $3.75M | ﹤0.01% |
195,125
+21,350
| +12% | +$406K |
|
1988
China Yuchai International
CYD
$1.81B
| $3.74M | ﹤0.01% |
156,000
+5,600
| +4% | +$134K |
|
|
TTPH
1989
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $3.73M | ﹤0.01% |
29,625
+12,946
| +78% | +$1.66M |
|
|
FARO
1990
DELISTED
Faro Technologies
FARO
| $3.72M | ﹤0.01% |
79,242
-36,358
| -31% | -$1.7M |
|
|
IMMU
1991
DELISTED
Immunomedics Inc
IMMU
| $3.72M | ﹤0.01% |
230,474
-1,206,133
| -84% | -$14.2M |
|
|
ITIC
1992
Investors Title Co
ITIC
$548M
| $3.69M | ﹤0.01% |
18,600
+400
| +2% | +$76.9K |
|
|
TERP
1993
DELISTED
TerraForm Power, Inc
TERP
| $3.68M | ﹤0.01% |
+307,356
| New | +$3.84M |
|
1994
Viking Therapeutics
VKTX
$3.84B
| $3.67M | ﹤0.01% |
903,300
+500,700
| +124% | +$1.45M |
|
1995
First Internet Bancorp
INBK
$229M
| $3.67M | ﹤0.01% |
96,100
-24,600
| -20% | -$919K |
|
|
ERF
1996
DELISTED
Enerplus Corporation
ERF
| $3.66M | ﹤0.01% |
373,803
-226,500
| -38% | -$2.07M |
|
1997
Park-Ohio Holdings
PKOH
$568M
| $3.66M | ﹤0.01% |
79,600
-6,300
| -7% | -$282K |
|
|
GSB
1998
DELISTED
GlobalSCAPE, Inc.
GSB
| $3.65M | ﹤0.01% |
1,028,600
+40,100
| +4% | +$154K |
|
1999
First Mid Bancshares
FMBH
$1.38B
| $3.65M | ﹤0.01% |
94,700
-2,739
| -3% | -$108K |
|
|
IIJI
2000
DELISTED
Internet Initiative Japan Inc
IIJI
| $3.65M | ﹤0.01% |
400,400
+1,700
| +0.4% | +$16.2K |
|
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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.