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 | |
|---|---|---|---|---|---|---|
2401
Radiant Logistics
RLGT
$400M
| $1.56M | ﹤0.01% |
293,600
+40,600
| +16% | +$202K |
|
2402
Investar Holding Corp
ISTR
$411M
| $1.55M | ﹤0.01% |
64,500
-13,235
| -17% | -$300K |
|
2403
Landmark Bancorp
LARK
$195M
| $1.55M | ﹤0.01% |
85,294
+5,120
| +6% | +$96.3K |
|
2404
RF Industries
RFIL
$116M
| $1.54M | ﹤0.01% |
654,400
-2,700
| -0.4% | -$5.2K |
|
|
EVBN
2405
DELISTED
Evans Bancorp Inc
EVBN
| $1.54M | ﹤0.01% |
35,600
+200
| +0.6% | +$8.27K |
|
|
VYNT
2406
DELISTED
Vyant Bio, Inc. Common Stock
VYNT
| $1.54M | ﹤0.01% |
3,796
-2
| -0.1% | -$1.04K |
|
|
GBL
2407
DELISTED
GAMCO Investors, Inc.
GBL
| $1.54M | ﹤0.01% |
51,600
+9,900
| +24% | +$294K |
|
2408
Cerus
CERS
$575M
| $1.53M | ﹤0.01% |
560,214
+480,114
| +599% | +$1.18M |
|
2409
LXP Industrial Trust
LXP
$3.52B
| $1.53M | ﹤0.01% |
+29,876
| New | +$1.49M |
|
|
SAUC
2410
DELISTED
Diversified Restaurant Holdings, Inc. Common stock
SAUC
| $1.53M | ﹤0.01% |
733,900
+90,100
| +14% | +$204K |
|
2411
Biglari Holdings Class B
BH
$1.2B
| $1.52M | ﹤0.01% |
6,840
+660
| +11% | +$149K |
|
|
WTT
2412
DELISTED
Wireless Telecom Group, Inc.
WTT
| $1.51M | ﹤0.01% |
904,500
-9,600
| -1% | -$14.2K |
|
|
BVH
2413
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $1.51M | ﹤0.01% |
+40,960
| New | +$1.39M |
|
|
PBT
2414
Permian Basin Royalty Trust
PBT
$1.36B
| $1.51M | ﹤0.01% |
172,901
-9,900
| -5% | -$85.8K |
|
2415
Vericel Corp
VCEL
$2.38B
| $1.5M | ﹤0.01% |
+250,192
| New | +$960K |
|
2416
Q2 Holdings
QTWO
$3.78B
| $1.5M | ﹤0.01% |
36,000
-102,100
| -74% | -$3.99M |
|
2417
INNOVATE Corp
VATE
$106M
| $1.49M | ﹤0.01% |
28,275
-19,008
| -40% | -$1.01M |
|
2418
Altimmune
ALT
$568M
| $1.49M | ﹤0.01% |
21,425
-649
| -3% | -$48.3K |
|
2419
The Bancorp
TBBK
$2.81B
| $1.49M | ﹤0.01% |
+180,300
| New | +$1.4M |
|
|
NSH
2420
DELISTED
NuStar GP Holdings LLC
NSH
| $1.49M | ﹤0.01% |
67,600
+5,400
| +9% | +$121K |
|
2421
Lifeway Foods
LWAY
$480M
| $1.49M | ﹤0.01% |
166,900
+12,200
| +8% | +$111K |
|
|
BRT
2422
BRT Apartments
BRT
$284M
| $1.48M | ﹤0.01% |
138,060
+17,200
| +14% | +$144K |
|
|
CYBE
2423
DELISTED
Cyberoptics Corp
CYBE
| $1.48M | ﹤0.01% |
91,100
-198,800
| -69% | -$3.52M |
|
|
STKL
2424
DELISTED
SunOpta
STKL
| $1.48M | ﹤0.01% |
169,930
+33,633
| +25% | +$305K |
|
2425
Gorman-Rupp
GRC
$2.07B
| $1.47M | ﹤0.01% |
45,200
-8,515
| -16% | -$245K |
|
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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.