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
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$383M |
| 2 |
Costco
COST
|
+$267M |
| 3 |
Pfizer
PFE
|
+$231M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$227M |
Top Sells
| 1 |
CVS Health
CVS
|
+$258M |
| 2 |
EMC
EMC CORPORATION
EMC
|
+$228M |
| 3 |
GAS
AGL RESOURCES INC (HOLDING CO)
GAS
|
+$216M |
| 4 |
Charter Communications
CHTR
|
+$142M |
| 5 |
TE
TECO ENERGY INC
TE
|
+$136M |
Sector Composition
| 1 | Technology | 15.67% |
| 2 | Healthcare | 12.42% |
| 3 | Financials | 11.99% |
| 4 | Consumer Staples | 9.63% |
| 5 | Industrials | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
3401
Genesco
GCO
$356M
| – | – |
-28,400
| Closed | -$1.83M |
|
3402
General Dynamics
GD
$86.8B
| – | – |
-852,300
| Closed | -$119M |
|
3403
VanEck Gold Miners ETF
GDX
$20.1B
| – | – |
-178,200
| Closed | -$4.94M |
|
3404
GE Aerospace
GE
$293B
| – | – |
-173,245
| Closed | -$26.1M |
|
3405
Galmed Pharmaceuticals
GLMD
$8M
| – | – |
-61
| Closed | -$49K |
|
3406
Globus Medical
GMED
$8.04B
| – | – |
-104,700
| Closed | -$2.5M |
|
3407
GoPro
GPRO
$264M
| – | – |
-988,300
| Closed | -$10.7M |
|
3408
Hewlett Packard
HPE
$31.5B
| – | – |
-1,576,891
| Closed | -$16.7M |
|
3409
Herc Holdings
HRI
$4.59B
| – | – |
-2,005,300
| Closed | -$66.6M |
|
3410
Hormel Foods
HRL
$14B
| – | – |
-819,300
| Closed | -$30M |
|
3411
Matsons
MATX
$3.33B
| – | – |
-294,300
| Closed | -$9.5M |
|
3412
Pediatrix Medical
MD
$1.48B
| – | – |
-252,200
| Closed | -$18.3M |
|
3413
Mondelez International
MDLZ
$80.1B
| – | – |
-730,998
| Closed | -$33.3M |
|
3414
MGP Ingredients
MGPI
$605M
| – | – |
-49,100
| Closed | -$1.88M |
|
|
MITT
3415
AG Mortgage Investment Trust
MITT
$248M
| – | – |
-18,367
| Closed | -$796K |
|
3416
MarketAxess Holdings
MKTX
$6.99B
| – | – |
-2,500
| Closed | -$363K |
|
3417
3M
MMM
$82B
| – | – |
-235,373
| Closed | -$34.5M |
|
3418
Materion
MTRN
$2.34B
| – | – |
-23,100
| Closed | -$572K |
|
3419
McEwen Inc.
MUX
$745M
| – | – |
-15,150
| Closed | -$577K |
|
3420
Nomura Holdings
NMR
$21.8B
| – | – |
-12,300
| Closed | -$43K |
|
3421
NNN REIT
NNN
$8.12B
| – | – |
-244,500
| Closed | -$12.6M |
|
3422
ServiceNow
NOW
$195B
| – | – |
-119,500
| Closed | -$7.94M |
|
3423
Norfolk Southern
NSC
$61.8B
| – | – |
-701,700
| Closed | -$59.7M |
|
3424
Insight Enterprises
NSIT
$4.03B
| – | – |
-41,073
| Closed | -$1.07M |
|
3425
NETSCOUT
NTCT
$1.78B
| – | – |
-101,100
| Closed | -$2.25M |
|