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 | |
|---|---|---|---|---|---|---|
2226
Verisk Analytics
VRSK
$27.7B
| $2.3M | ﹤0.01% |
27,607
-359,093
| -93% | -$29.8M |
|
|
DL
2227
DELISTED
China Distance Education Holdings Limited
DL
| $2.3M | ﹤0.01% |
342,200
-13,800
| -4% | -$101K |
|
2228
Kewaunee Scientific
KEQU
$105M
| $2.29M | ﹤0.01% |
77,800
+13,900
| +22% | +$365K |
|
2229
Grupo SIMEC
SIM
$4.22B
| $2.29M | ﹤0.01% |
222,900
-9,400
| -4% | -$101K |
|
|
PVLA
2230
Palvella Therapeutics
PVLA
$2.05B
| $2.29M | ﹤0.01% |
4,964
+3,515
| +243% | +$1.5M |
|
2231
M/I Homes
MHO
$3.95B
| $2.28M | ﹤0.01% |
85,409
-174,491
| -67% | -$4.52M |
|
2232
Xencor
XNCR
$1.45B
| $2.28M | ﹤0.01% |
+99,600
| New | +$2.21M |
|
|
TTPH
2233
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $2.28M | ﹤0.01% |
16,679
+9,495
| +132% | +$1.27M |
|
2234
CEMIG Preferred Shares
CIG
$6.06B
| $2.27M | ﹤0.01% |
1,797,920
-44,140
| -2% | -$60.2K |
|
2235
TAT Technologies
TATT
$527M
| $2.27M | ﹤0.01% |
202,900
+20,700
| +11% | +$221K |
|
2236
Harvard Bioscience
HBIO
$27.6M
| $2.27M | ﹤0.01% |
60,505
+1,505
| +3% | +$44.5K |
|
2237
IRIDEX
IRIX
$15M
| $2.27M | ﹤0.01% |
241,900
-1,100
| -0.5% | -$10K |
|
|
KEYW
2238
DELISTED
The KEYW Holding Corporation
KEYW
| $2.26M | ﹤0.01% |
296,500
+259,400
| +699% | +$2.1M |
|
|
TCF
2239
DELISTED
TCF Financial Corporation Common Stock
TCF
| $2.25M | ﹤0.01% |
43,047
-27,228
| -39% | -$1.3M |
|
|
FFG
2240
DELISTED
FBL Financial Group
FFG
| $2.25M | ﹤0.01% |
30,155
-34,845
| -54% | -$2.39M |
|
2241
Chegg
CHGG
$116M
| $2.25M | ﹤0.01% |
151,362
-818,038
| -84% | -$11.7M |
|
|
USAP
2242
DELISTED
Universal Stainless & Alloy
USAP
| $2.24M | ﹤0.01% |
107,626
+31,126
| +41% | +$594K |
|
2243
Wolfspeed
WOLF
$1.04B
| $2.24M | ﹤0.01% |
+79,542
| New | +$1.98M |
|
2244
Cumberland Pharmaceuticals
CPIX
$99.8M
| $2.23M | ﹤0.01% |
316,005
+25,152
| +9% | +$174K |
|
|
ICAD
2245
DELISTED
iCAD Inc
ICAD
| $2.23M | ﹤0.01% |
503,760
+13,600
| +3% | +$52.1K |
|
2246
NN Inc
NNBR
$237M
| $2.22M | ﹤0.01% |
+76,686
| New | +$2.08M |
|
|
VSI
2247
DELISTED
Vitamin Shoppe Inc.
VSI
| $2.22M | ﹤0.01% |
415,400
+335,099
| +417% | +$2.59M |
|
|
TST
2248
DELISTED
TheStreet, Inc.
TST
| $2.22M | ﹤0.01% |
205,480
+11,359
| +6% | +$98.8K |
|
2249
Greif Class B
GEF.B
$4.13B
| $2.22M | ﹤0.01% |
34,500
-600
| -2% | -$36.6K |
|
2250
Alico
ALCO
$280M
| $2.21M | ﹤0.01% |
64,744
+7,153
| +12% | +$227K |
|
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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.