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 | |
|---|---|---|---|---|---|---|
2376
CVD Equipment Corp
CVV
$43.3M
| $1.9M | ﹤0.01% |
163,700
+35,700
| +28% | +$411K |
|
|
BBQ
2377
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $1.9M | ﹤0.01% |
290,367
+29,967
| +12% | +$142K |
|
2378
Weyco Group
WEYS
$377M
| $1.9M | ﹤0.01% |
63,900
+24,800
| +63% | +$697K |
|
|
MTL
2379
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $1.9M | ﹤0.01% |
360,866
+332,466
| +1,171% | +$1.6M |
|
2380
DNOW Inc
DNOW
$2.44B
| $1.88M | ﹤0.01% |
170,700
+135,800
| +389% | +$1.55M |
|
|
JAX
2381
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $1.88M | ﹤0.01% |
193,700
+34,300
| +22% | +$356K |
|
|
NGHC
2382
DELISTED
National General Holdings Corp
NGHC
| $1.87M | ﹤0.01% |
95,400
-328,500
| -77% | -$6.73M |
|
2383
Universal Insurance Holdings
UVE
$1.26B
| $1.87M | ﹤0.01% |
68,300
+52,300
| +327% | +$1.31M |
|
|
CCEC
2384
Capital Clean Energy Carriers
CCEC
$1.37B
| $1.86M | ﹤0.01% |
79,193
+277
| +0.4% | +$6.51K |
|
2385
Heartland Express
HTLD
$1.01B
| $1.86M | ﹤0.01% |
79,530
-3
| -0% | -$68 |
|
2386
iShares MSCI Taiwan ETF
EWT
$9.13B
| $1.85M | ﹤0.01% |
51,200
+44,700
| +688% | +$1.66M |
|
2387
American Superconductor
AMSC
$1.29B
| $1.85M | ﹤0.01% |
508,588
-45,700
| -8% | -$174K |
|
|
HEES
2388
DELISTED
H&E Equipment Services
HEES
| $1.85M | ﹤0.01% |
45,400
-97,400
| -68% | -$3.33M |
|
2389
Miller Industries
MLR
$577M
| $1.84M | ﹤0.01% |
71,299
+2,659
| +4% | +$72K |
|
2390
RF Industries
RFIL
$116M
| $1.84M | ﹤0.01% |
680,853
+26,453
| +4% | +$64.7K |
|
2391
HCI Group
HCI
$2.34B
| $1.84M | ﹤0.01% |
61,396
+43,000
| +234% | +$1.43M |
|
|
GVP
2392
DELISTED
GSE Systems, Inc.
GVP
| $1.83M | ﹤0.01% |
56,218
+978
| +2% | +$32.7K |
|
|
CISN
2393
DELISTED
Cision Ltd. Ordinary Share
CISN
| $1.82M | ﹤0.01% |
153,200
+43,600
| +40% | +$538K |
|
2394
Aptevo Therapeutics
APVO
$4.96M
| – | – |
0
| – | – |
|
|
FBMS
2395
DELISTED
The First Bancshares, Inc.
FBMS
| $1.82M | ﹤0.01% |
53,100
+12,170
| +30% | +$388K |
|
|
SPN
2396
DELISTED
Superior Energy Services, Inc.
SPN
| $1.82M | ﹤0.01% |
+18,853
| New | +$1.75M |
|
2397
LSI Industries
LYTS
$834M
| $1.81M | ﹤0.01% |
263,500
-13,000
| -5% | -$87.9K |
|
2398
First Hawaiian
FHB
$3.41B
| $1.81M | ﹤0.01% |
62,100
+28,400
| +84% | +$831K |
|
2399
Cato Corp
CATO
$65.7M
| $1.81M | ﹤0.01% |
113,750
-158,690
| -58% | -$2.3M |
|
2400
ICF International
ICFI
$1.5B
| $1.81M | ﹤0.01% |
34,400
-80,000
| -70% | -$4.31M |
|
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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.