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 |
Microsoft
MSFT
|
$306M |
| 2 |
Alibaba
BABA
|
$177M |
| 3 |
Verizon
VZ
|
$128M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$128M |
| 5 |
McKesson
MCK
|
$123M |
Top Sells
| 1 |
Amazon
AMZN
|
$466M |
| 2 |
Gilead Sciences
GILD
|
$319M |
| 3 |
Meta Platforms (Facebook)
META
|
$218M |
| 4 |
Intel
INTC
|
$215M |
| 5 |
Coca-Cola
KO
|
$191M |
Sector Composition
| 1 | Healthcare | 13.5% |
| 2 | Technology | 12.64% |
| 3 | Industrials | 10.38% |
| 4 | Financials | 10.17% |
| 5 | Consumer Discretionary | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LVLT
26
DELISTED
Level 3 Communications Inc
LVLT
| $172M | 0.39% |
3,259,553
-943,800
| -22% | -$49.7M |
|
|
BCR
27
DELISTED
CR Bard Inc.
BCR
| $163M | 0.37% |
957,500
-155,400
| -14% | -$26.5M |
|
28
Costco
COST
$416B
| $157M | 0.36% |
1,160,939
-34,061
| -3% | -$4.6M |
|
29
Southwest Airlines
LUV
$17.4B
| $154M | 0.35% |
4,657,980
+2,146,080
| +85% | +$71M |
|
|
30
Gilead Sciences
GILD
$140B
| $153M | 0.35% |
1,310,100
-2,721,948
| -68% | -$319M |
|
31
Duke Energy
DUK
$94B
| $152M | 0.35% |
2,148,367
-21,600
| -1% | -$1.53M |
|
|
B
32
Barrick Mining Corporation
B
$46.2B
| $150M | 0.34% |
14,030,102
+673,000
| +5% | +$7.17M |
|
33
Amdocs
DOX
$9.17B
| $147M | 0.34% |
2,700,700
-478,700
| -15% | -$26.1M |
|
34
Sempra
SRE
$53.7B
| $147M | 0.33% |
1,484,400
+463,200
| +45% | +$45.8M |
|
35
PLDT
PHI
$4.21B
| $143M | 0.33% |
2,298,315
-16,585
| -0.7% | -$1.03M |
|
36
Manhattan Associates
MANH
$12.7B
| $143M | 0.33% |
2,392,900
-158,600
| -6% | -$9.46M |
|
37
United Therapeutics
UTHR
$18.4B
| $141M | 0.32% |
811,578
+365,078
| +82% | +$63.5M |
|
38
Berkshire Hathaway Class B
BRK.B
$1.07T
| $138M | 0.31% |
1,011,500
-374,300
| -27% | -$50.9M |
|
39
GSK
GSK
$79.2B
| $135M | 0.31% |
3,246,100
+633,500
| +24% | +$26.4M |
|
40
Welltower
WELL
$112B
| $135M | 0.31% |
2,051,763
+619,363
| +43% | +$40.6M |
|
41
Nokia
NOK
$23.8B
| $132M | 0.3% |
19,318,600
+2,897,100
| +18% | +$19.8M |
|
|
CYBX
42
DELISTED
CYBERONICS INC
CYBX
| $131M | 0.3% |
2,203,094
+137,900
| +7% | +$8.2M |
|
|
VGR
43
DELISTED
Vector Group Ltd.
VGR
| $130M | 0.3% |
5,556,833
+223,900
| +4% | +$5.25M |
|
|
44
Verizon
VZ
$182B
| $128M | 0.29% |
+2,755,602
| New | +$128M |
|
45
Cinemark Holdings
CNK
$2.96B
| $126M | 0.29% |
3,133,300
+276,600
| +10% | +$11.1M |
|
|
BT
46
DELISTED
BT Group plc (ADR)
BT
| $124M | 0.28% |
1,749,700
+45,100
| +3% | +$3.2M |
|
|
47
McKesson
MCK
$85.7B
| $123M | 0.28% |
+546,400
| New | +$123M |
|
48
Teva Pharmaceuticals
TEVA
$21.7B
| $123M | 0.28% |
2,075,763
+736,800
| +55% | +$43.5M |
|
49
Clorox
CLX
$15B
| $118M | 0.27% |
1,138,700
+225,200
| +25% | +$23.4M |
|
50
Visa
V
$676B
| $117M | 0.27% |
1,748,400
-2,533,500
| -59% | -$170M |
|