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 |
Exxon Mobil
XOM
|
$527M |
| 2 |
Becton Dickinson
BDX
|
$410M |
| 3 |
Intuitive Surgical
ISRG
|
$369M |
| 4 |
GE Aerospace
GE
|
$316M |
| 5 |
IBM
IBM
|
$308M |
Top Sells
| 1 |
NetEase
NTES
|
$499M |
| 2 |
BCR
CR Bard Inc.
BCR
|
$455M |
| 3 |
Medtronic
MDT
|
$401M |
| 4 |
NVIDIA
NVDA
|
$339M |
| 5 |
Netflix
NFLX
|
$331M |
Sector Composition
| 1 | Healthcare | 16.06% |
| 2 | Technology | 13.75% |
| 3 | Financials | 10.21% |
| 4 | Industrials | 9.64% |
| 5 | Consumer Discretionary | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
3676
Micron Technology
MU
$132B
| – | – |
-6,730,936
| Closed | -$265M |
|
|
BINI
3677
Bollinger Innovations, Inc. Common Stock
BINI
$863K
| – | – |
-10,342
| Closed | -$9K |
|
|
MVO
3678
MV Oil Trust
MVO
$68.7M
| – | – |
-28,100
| Closed | -$162K |
|
3679
MaxLinear
MXL
$1.32B
| – | – |
-226,613
| Closed | -$5.38M |
|
3680
NBT Bancorp
NBTB
$2.29B
| – | – |
-13,300
| Closed | -$488K |
|
3681
Norwegian Cruise Line
NCLH
$11.4B
| – | – |
-205,000
| Closed | -$11.1M |
|
3682
Nice
NICE
$8.45B
| – | – |
-25,844
| Closed | -$2.1M |
|
3683
Nike
NKE
$110B
| – | – |
-5,266,900
| Closed | -$273M |
|
|
NOAH
3684
Noah Holdings
NOAH
$822M
| – | – |
-22,600
| Closed | -$726K |
|
3685
Nomad Foods
NOMD
$2.3B
| – | – |
-72,918
| Closed | -$1.06M |
|
3686
NETSCOUT
NTCT
$1.76B
| – | – |
-342,485
| Closed | -$11.1M |
|
3687
Nucor
NUE
$33.1B
| – | – |
-182,200
| Closed | -$10.2M |
|
3688
Newell Brands
NWL
$2.59B
| – | – |
-842,827
| Closed | -$36M |
|
3689
Old Dominion Freight Line
ODFL
$31.3B
| – | – |
-130,727
| Closed | -$14.4M |
|
3690
OFG Bancorp
OFG
$1.97B
| – | – |
-100,570
| Closed | -$920K |
|
3691
O-I Glass
OI
$1.93B
| – | – |
-9,700
| Closed | -$244K |
|