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 |
Baidu
BIDU
|
+$462M |
| 2 |
AGN
Allergan plc
AGN
|
+$390M |
| 3 |
AT&T
T
|
+$371M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$353M |
| 5 |
NextEra Energy
NEE
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.97B |
| 2 |
Meta Platforms (Facebook)
META
|
+$435M |
| 3 |
Pfizer
PFE
|
+$377M |
| 4 |
GE Aerospace
GE
|
+$354M |
| 5 |
Starbucks
SBUX
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.43% |
| 2 | Technology | 12.71% |
| 3 | Consumer Staples | 9.79% |
| 4 | Financials | 8.2% |
| 5 | Utilities | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Edison International
EIX
$28.2B
| $103M | 0.1% |
1,875,115
-797,667
| -30% | -$55.3M |
|
202
Idacorp
IDA
$8.27B
| $99.7M | 0.1% |
1,135,799
+73,700
| +7% | +$7.59M |
|
203
Corcept Therapeutics
CORT
$12.4B
| $98.7M | 0.1% |
8,302,841
+534,627
| +7% | +$6.62M |
|
204
Flowers Foods
FLO
$1.49B
| $97.4M | 0.09% |
4,746,672
+2,036,792
| +75% | +$44.4M |
|
205
Gold Fields
GFI
$29B
| $97.3M | 0.09% |
20,477,400
-3,028,212
| -13% | -$18.5M |
|
206
Republic Services
RSG
$64.8B
| $97.1M | 0.09% |
1,294,205
+1,045,244
| +420% | +$94.5M |
|
207
Moody's
MCO
$82.8B
| $96.8M | 0.09% |
457,622
+86,200
| +23% | +$21M |
|
208
TFS Financial
TFSL
$5.16B
| $96.7M | 0.09% |
6,330,622
-25,778
| -0.4% | -$505K |
|
209
Mercury Insurance
MCY
$5.93B
| $96.5M | 0.09% |
2,369,900
+222,740
| +10% | +$10.2M |
|
210
Innoviva
INVA
$1.55B
| $96.5M | 0.09% |
8,204,011
+310,314
| +4% | +$4.1M |
|
|
VGR
211
DELISTED
Vector Group Ltd.
VGR
| $96.3M | 0.09% |
14,418,712
+188,799
| +1% | +$1.66M |
|
212
Bilibili
BILI
$7.99B
| $95.9M | 0.09% |
4,094,550
+3,010,200
| +278% | +$72.7M |
|
213
Capitol Federal Financial
CFFN
$1.09B
| $95.3M | 0.09% |
8,205,495
-32,463
| -0.4% | -$416K |
|
214
McCormick & Company Non-Voting
MKC
$13.7B
| $94.9M | 0.09% |
+1,343,498
| New | +$104M |
|
215
Dominion Energy
D
$60.8B
| $94.4M | 0.09% |
+1,307,945
| New | +$107M |
|
216
NRG Energy
NRG
$28.3B
| $94.1M | 0.09% |
3,452,369
-1,303,200
| -27% | -$44.9M |
|
|
CSGS
217
DELISTED
CSG Systems International
CSGS
| $93.9M | 0.09% |
2,244,356
-20,200
| -0.9% | -$962K |
|
|
WBC
218
DELISTED
WABCO HOLDINGS INC.
WBC
| $93.4M | 0.09% |
691,617
+151,717
| +28% | +$20.4M |
|
|
VMW
219
DELISTED
VMware, Inc
VMW
| $93.4M | 0.09% |
771,140
-1,279,443
| -62% | -$176M |
|
220
Casella Waste Systems
CWST
$5.71B
| $93.2M | 0.09% |
2,385,099
-147,500
| -6% | -$7.15M |
|
221
Gentex
GNTX
$4.97B
| $93.2M | 0.09% |
4,203,935
+970,100
| +30% | +$26.9M |
|
222
Rayonier
RYN
$6.55B
| $93M | 0.09% |
4,354,361
-222,815
| -5% | -$5.62M |
|
223
Booking.com
BKNG
$149B
| $92.7M | 0.09% |
+1,722,475
| New | +$121M |
|
224
Telkom Indonesia
TLK
$14.5B
| $92.3M | 0.09% |
4,796,214
+114,700
| +2% | +$2.89M |
|
225
Bio-Techne
TECH
$11.2B
| $92.3M | 0.09% |
1,947,280
-77,324
| -4% | -$3.87M |
|
Similar funds
Renaissance Technologies's Q1 2020 Portfolio in Review
As of Q1 2020, Renaissance Technologies held 4,047 positions worth $103B, down 21% from $130B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies's Q1 2020 filing shows 573 new, 1,474 increased, 1,328 reduced and 645 closed positions. Its largest new stake was AT&T: 13,563,699 shares worth $299M. The largest sale was Tesla, an estimated $1.97B.
By sector, the portfolio is most concentrated in Healthcare at 25% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Staples.
- Renaissance Technologies's largest Q1 2020 buy was AT&T: 13,563,699 shares worth $299M.
- Renaissance Technologies added most to Baidu in Q1 2020, an estimated $462M increase.
- Renaissance Technologies's biggest Q1 2020 reduction was Tesla, cutting an estimated $1.97B.
- Renaissance Technologies fully exited Phillips 66 in Q1 2020, selling an estimated $214M.
- Renaissance Technologies's ten largest holdings make up 15% of its $103B portfolio in Q1 2020.
- Renaissance Technologies opened 573 new positions and closed 645 in Q1 2020.
- Renaissance Technologies's portfolio value fell 21% quarter-over-quarter to $103B.
Based on Renaissance Technologies's 13F filing for Q1 2020, filed 14 May 2020.