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 | |
|---|---|---|---|---|---|---|
2251
Iridium Communications
IRDM
$4.7B
| $2.21M | ﹤0.01% |
214,699
+111,600
| +108% | +$1.16M |
|
2252
Twin Disc
TWIN
$321M
| $2.21M | ﹤0.01% |
118,600
+50,600
| +74% | +$877K |
|
2253
Energy Recovery
ERII
$420M
| $2.2M | ﹤0.01% |
278,700
-128,600
| -32% | -$919K |
|
|
CCC
2254
DELISTED
Calgon Carbon Corp
CCC
| $2.2M | ﹤0.01% |
102,800
-433,700
| -81% | -$6.55M |
|
|
RVNC
2255
DELISTED
Revance Therapeutics, Inc.
RVNC
| $2.2M | ﹤0.01% |
79,792
-30,581
| -28% | -$741K |
|
|
ARQL
2256
DELISTED
Arqule Inc
ARQL
| $2.2M | ﹤0.01% |
1,980,500
-16,400
| -0.8% | -$18.9K |
|
2257
Tactile Systems Technology
TCMD
$618M
| $2.2M | ﹤0.01% |
71,000
-127,300
| -64% | -$4.03M |
|
2258
Costamare
CMRE
$1.85B
| $2.19M | ﹤0.01% |
354,800
+166,500
| +88% | +$1.08M |
|
|
CHSP
2259
DELISTED
Chesapeake Lodging Trust
CHSP
| $2.19M | ﹤0.01% |
81,100
-76,300
| -48% | -$1.93M |
|
|
IPAS
2260
DELISTED
Ipass Inc Common Stock
IPAS
| $2.19M | ﹤0.01% |
331,270
+7,960
| +2% | +$66.5K |
|
|
TCF
2261
DELISTED
TCF Financial Corporation
TCF
| $2.18M | ﹤0.01% |
128,054
-105,546
| -45% | -$1.66M |
|
2262
BK Technologies
BKTI
$295M
| $2.16M | ﹤0.01% |
120,220
-2,583
| -2% | -$48.1K |
|
2263
Silvercrest Asset Management
SAMG
$76.7M
| $2.16M | ﹤0.01% |
148,513
+13,815
| +10% | +$178K |
|
|
CEQP
2264
DELISTED
Crestwood Equity Partners LP
CEQP
| $2.15M | ﹤0.01% |
88,282
+48,900
| +124% | +$1.2M |
|
2265
Mueller Industries
MLI
$14.5B
| $2.15M | ﹤0.01% |
246,400
-99,600
| -29% | -$763K |
|
|
MSB
2266
Mesabi Trust
MSB
$296M
| $2.15M | ﹤0.01% |
93,508
+39,501
| +73% | +$620K |
|
|
SAFE
2267
Safehold
SAFE
$1.17B
| $2.15M | ﹤0.01% |
37,390
-5,007
| -12% | -$288K |
|
|
INFI
2268
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $2.14M | ﹤0.01% |
1,610,000
+440,127
| +38% | +$547K |
|
|
TAX
2269
DELISTED
Liberty Tax, Inc. Class A
TAX
| $2.14M | ﹤0.01% |
148,401
-1,099
| -0.7% | -$15.3K |
|
2270
LCNB Corp
LCNB
$289M
| $2.12M | ﹤0.01% |
101,096
+6,972
| +7% | +$137K |
|
2271
Frequency Electronics
FEIM
$569M
| $2.11M | ﹤0.01% |
221,200
+9,584
| +5% | +$81.7K |
|
2272
Urban One Class D
UONEK
$22.4M
| $2.11M | ﹤0.01% |
127,900
-4,890
| -4% | -$88.7K |
|
2273
World Acceptance Corp
WRLD
$861M
| $2.11M | ﹤0.01% |
+25,425
| New | +$1.96M |
|
2274
Beasley Broadcasting Group
BBGI
$35.3M
| $2.11M | ﹤0.01% |
9,000
+105
| +1% | +$21.8K |
|
2275
Nice
NICE
$6.15B
| $2.1M | ﹤0.01% |
25,844
-51,400
| -67% | -$3.99M |
|
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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.