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 |
Bristol-Myers Squibb
BMY
|
$391M |
| 2 |
Pfizer
PFE
|
$268M |
| 3 |
Electronic Arts
EA
|
$247M |
| 4 |
Eli Lilly
LLY
|
$223M |
| 5 |
Colgate-Palmolive
CL
|
$215M |
Top Sells
| 1 |
Booking.com
BKNG
|
$358M |
| 2 |
AET
Aetna Inc
AET
|
$277M |
| 3 |
Xerox
XRX
|
$264M |
| 4 |
Meta Platforms (Facebook)
META
|
$262M |
| 5 |
Comcast
CMCSA
|
$260M |
Sector Composition
| 1 | Healthcare | 16.14% |
| 2 | Technology | 13.62% |
| 3 | Financials | 11.85% |
| 4 | Consumer Staples | 10.22% |
| 5 | Industrials | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
3576
Lightpath Technologies
LPTH
$230M
| – | – | -75,500 | Closed | -$207K |
|
|
LTC
3577
LTC Properties
LTC
$1.68B
| – | – | -22,300 | Closed | -$1.07M |
|
3578
Las Vegas Sands
LVS
$39.6B
| – | – | -493,500 | Closed | -$28.2M |
|
3579
Macerich
MAC
$4.65B
| – | – | -63,519 | Closed | -$4.09M |
|
3580
Mattel
MAT
$5.9B
| – | – | -568,000 | Closed | -$14.5M |
|
3581
Matthews International
MATW
$757M
| – | – | -17,800 | Closed | -$1.2M |
|
3582
Mohawk Industries
MHK
$8.24B
| – | – | -257,500 | Closed | -$59.1M |
|
|
KG
3583
Kestrel Group, Ltd.
KG
$209M
| – | – | -21,216 | Closed | -$297K |
|
|
MITT
3584
AG Mortgage Investment Trust
MITT
$240M
| – | – | -13,995 | Closed | -$253K |
|