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 |
Medtronic
MDT
|
+$495M |
| 2 |
ExxonMobil
XOM
|
+$290M |
| 3 |
FedEx
FDX
|
+$273M |
| 4 |
Netflix
NFLX
|
+$262M |
| 5 |
RTX Corp
RTX
|
+$234M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$290M |
| 2 |
Electronic Arts
EA
|
+$280M |
| 3 |
Mastercard
MA
|
+$252M |
| 4 |
RAI
Reynolds American Inc
RAI
|
+$245M |
| 5 |
Johnson & Johnson
JNJ
|
+$242M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.71% |
| 2 | Technology | 15.33% |
| 3 | Financials | 11.4% |
| 4 | Industrials | 9.58% |
| 5 | Consumer Staples | 8.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EFC
2076
Ellington Financial
EFC
$1.69B
| $3M | ﹤0.01% |
190,244
+37,274
| +24% | +$595K |
|
2077
ABM Industries
ABM
$2.89B
| $2.99M | ﹤0.01% |
+71,700
| New | +$3.05M |
|
|
HIVE
2078
DELISTED
Aerohive Networks
HIVE
| $2.99M | ﹤0.01% |
730,900
-67,937
| -9% | -$272K |
|
|
CXDC
2079
DELISTED
China XD Plastics Company Limited
CXDC
| $2.98M | ﹤0.01% |
634,700
+7,000
| +1% | +$32.5K |
|
|
RAS
2080
DELISTED
RAIT Financial Trust
RAS
| $2.98M | ﹤0.01% |
4,077,000
-101,700
| -2% | -$134K |
|
2081
Citi Trends
CTRN
$555M
| $2.97M | ﹤0.01% |
149,400
+58,900
| +65% | +$1.17M |
|
2082
Viper Energy
VNOM
$8.43B
| $2.97M | ﹤0.01% |
159,300
+92,347
| +138% | +$1.56M |
|
|
KONA
2083
DELISTED
Kona Grill, Inc.
KONA
| $2.96M | ﹤0.01% |
780,259
+169,100
| +28% | +$501K |
|
2084
Great Elm Group
GEG
$68.7M
| $2.96M | ﹤0.01% |
834,021
+40,812
| +5% | +$140K |
|
2085
Network-1 Technologies
NTIP
$37.5M
| $2.96M | ﹤0.01% |
768,000
-161,748
| -17% | -$640K |
|
2086
uniQure
QURE
$2.78B
| $2.94M | ﹤0.01% |
306,700
-41,400
| -12% | -$333K |
|
2087
Espey Mfg & Electronics Corp
ESP
$170M
| $2.94M | ﹤0.01% |
130,699
+10,899
| +9% | +$246K |
|
2088
National Bankshares
NKSH
$253M
| $2.93M | ﹤0.01% |
65,100
+3,400
| +6% | +$135K |
|
|
MCRN
2089
DELISTED
Milacron Holdings Corp.
MCRN
| $2.92M | ﹤0.01% |
173,300
-120,700
| -41% | -$2.05M |
|
|
STRR
2090
DELISTED
Star Equity Holdings
STRR
| $2.91M | ﹤0.01% |
16,858
-90
| -0.5% | -$16.9K |
|
2091
Mannatech
MTEX
$9.3M
| $2.9M | ﹤0.01% |
200,360
-3,100
| -2% | -$47.7K |
|
|
BHR
2092
Braemar Hotels & Resorts
BHR
$163M
| $2.9M | ﹤0.01% |
308,791
+17,675
| +6% | +$173K |
|
|
SFE
2093
DELISTED
Safeguard Scientifics, Inc.
SFE
| $2.9M | ﹤0.01% |
217,117
-22,600
| -9% | -$278K |
|
|
FPRX
2094
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $2.89M | ﹤0.01% |
70,700
-360,800
| -84% | -$11.3M |
|
2095
Pixelworks
PXLW
$37.2M
| $2.88M | ﹤0.01% |
50,979
-18,954
| -27% | -$1.07M |
|
|
IIN
2096
DELISTED
IntriCon Corporation
IIN
| $2.88M | ﹤0.01% |
237,600
+35,701
| +18% | +$325K |
|
|
HIFR
2097
DELISTED
InfraREIT, Inc.
HIFR
| $2.88M | ﹤0.01% |
128,500
+19,100
| +17% | +$410K |
|
2098
Eldorado Gold
EGO
$8.33B
| $2.87M | ﹤0.01% |
260,440
+232,300
| +826% | +$2.53M |
|
2099
Lakeland Financial Corp
LKFN
$1.57B
| $2.86M | ﹤0.01% |
58,751
+6,400
| +12% | +$289K |
|
2100
OR Royalties Inc
OR
$5.53B
| $2.86M | ﹤0.01% |
221,574
+87,400
| +65% | +$1.13M |
|
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Renaissance Technologies's Q3 2017 Portfolio in Review
As of Q3 2017, Renaissance Technologies held 3,587 positions worth $85B, up 8.4% from $78.4B the previous quarter. Its ten largest holdings account for 8.5% of the portfolio.
Renaissance Technologies deployed $2.91B of net new capital in Q3 2017, opening 418 new positions and adding to 1,684 existing holdings. Its largest new stake was ExxonMobil: 3,652,454 shares worth $299M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Electronic Arts, an estimated $280M trimmed.
- Renaissance Technologies's largest Q3 2017 buy was ExxonMobil: 3,652,454 shares worth $299M.
- Renaissance Technologies added most to Medtronic in Q3 2017, an estimated $495M increase.
- Renaissance Technologies's biggest Q3 2017 reduction was Electronic Arts, cutting an estimated $280M.
- Renaissance Technologies fully exited Amazon in Q3 2017, selling an estimated $290M.
- Renaissance Technologies's ten largest holdings make up 8.5% of its $85B portfolio in Q3 2017.
- Renaissance Technologies opened 418 new positions and closed 418 in Q3 2017.
- Renaissance Technologies's portfolio value rose 8.4% quarter-over-quarter to $85B.
Based on Renaissance Technologies's 13F filing for Q3 2017, filed 13 Nov 2017.