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 | |
|---|---|---|---|---|---|---|
2301
Northrim BanCorp
NRIM
$593M
| $2.15M | ﹤0.01% |
254,000
-114,800
| -31% | -$1M |
|
2302
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.14B
| $2.15M | ﹤0.01% |
+26,747
| New | +$2.15M |
|
|
INTX
2303
DELISTED
Intersections, Inc.
INTX
| $2.14M | ﹤0.01% |
946,800
-100
| -0% | -$255 |
|
2304
Enel Chile
ENIC
$6.03B
| $2.13M | ﹤0.01% |
375,100
-41,467
| -10% | -$237K |
|
|
CDMO
2305
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $2.13M | ﹤0.01% |
549,106
+1,916
| +0.4% | +$8.21K |
|
2306
PAR Technology
PAR
$716M
| $2.12M | ﹤0.01% |
227,100
-88,600
| -28% | -$838K |
|
2307
Howmet Aerospace
HWM
$109B
| $2.12M | ﹤0.01% |
101,451
-2,590,135
| -96% | -$50.4M |
|
2308
Grupo SIMEC
SIM
$4.22B
| $2.11M | ﹤0.01% |
225,200
+2,300
| +1% | +$22.8K |
|
2309
iShares MSCI Canada ETF
EWC
$6.12B
| $2.1M | ﹤0.01% |
+70,900
| New | +$2.06M |
|
|
GAU
2310
Galiano Gold
GAU
$457M
| $2.1M | ﹤0.01% |
2,975,880
+2,886,280
| +3,221% | +$2.34M |
|
|
AMJ
2311
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $2.1M | ﹤0.01% |
+76,400
| New | +$2.07M |
|
2312
Frequency Electronics
FEIM
$569M
| $2.1M | ﹤0.01% |
223,900
+2,700
| +1% | +$25.3K |
|
2313
ACI Worldwide
ACIW
$6.12B
| $2.1M | ﹤0.01% |
92,433
-124,200
| -57% | -$2.88M |
|
2314
Riverview Bancorp
RVSB
$107M
| $2.09M | ﹤0.01% |
241,502
+87,302
| +57% | +$775K |
|
|
ECHO
2315
DELISTED
Echo Global Logistics, Inc.
ECHO
| $2.09M | ﹤0.01% |
+74,700
| New | +$1.79M |
|
2316
LCNB Corp
LCNB
$289M
| $2.09M | ﹤0.01% |
102,200
+1,104
| +1% | +$23K |
|
|
GWR
2317
DELISTED
Genesee & Wyoming Inc.
GWR
| $2.09M | ﹤0.01% |
26,550
-24,800
| -48% | -$1.85M |
|
|
VBTX
2318
DELISTED
Veritex Holdings
VBTX
| $2.09M | ﹤0.01% |
75,600
-50,212
| -40% | -$1.36M |
|
2319
IRIDEX
IRIX
$15M
| $2.08M | ﹤0.01% |
272,900
+31,000
| +13% | +$265K |
|
|
TREC
2320
DELISTED
Trecora Resources
TREC
| $2.08M | ﹤0.01% |
153,700
-57,500
| -27% | -$727K |
|
|
ROIC
2321
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.07M | ﹤0.01% |
+103,800
| New | +$1.99M |
|
2322
Trex
TREX
$4.4B
| $2.07M | ﹤0.01% |
76,400
-106,800
| -58% | -$2.72M |
|
|
NM
2323
DELISTED
Navios Maritime Holdings Inc.
NM
| $2.07M | ﹤0.01% |
172,400
+15,710
| +10% | +$240K |
|
|
MTLS
2324
Materialise
MTLS
$366M
| $2.07M | ﹤0.01% |
162,700
-45,800
| -22% | -$666K |
|
2325
The GEO Group
GEO
$4B
| $2.06M | ﹤0.01% |
+87,491
| New | +$2.22M |
|
Similar funds
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.