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 |
Medtronic
MDT
|
$464M |
| 2 |
Exxon Mobil
XOM
|
$299M |
| 3 |
FedEx
FDX
|
$289M |
| 4 |
Netflix
NFLX
|
$273M |
| 5 |
Micron Technology
MU
|
$265M |
Top Sells
| 1 |
Amazon
AMZN
|
$290M |
| 2 |
Electronic Arts
EA
|
$285M |
| 3 |
Mastercard
MA
|
$269M |
| 4 |
RAI
Reynolds American Inc
RAI
|
$245M |
| 5 |
Johnson & Johnson
JNJ
|
$237M |
Sector Composition
| 1 | Healthcare | 15.71% |
| 2 | Technology | 15.39% |
| 3 | Financials | 11.4% |
| 4 | Industrials | 9.47% |
| 5 | Consumer Staples | 8.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
American Electric Power
AEP
$58.6B
| $350M | 0.41% |
4,981,700
+203,100
| +4% | +$14.3M |
|
27
Eli Lilly
LLY
$660B
| $346M | 0.41% |
4,049,205
-1,645,700
| -29% | -$141M |
|
28
Philip Morris
PM
$257B
| $330M | 0.39% |
2,973,800
-93,000
| -3% | -$10.3M |
|
29
Alphabet (Google) Class A
GOOGL
$2.76T
| $319M | 0.38% |
327,848
-4,100
| -1% | -$3.99M |
|
|
30
Exxon Mobil
XOM
$477B
| $299M | 0.35% |
+3,652,454
| New | +$299M |
|
31
American Tower
AMT
$94.1B
| $297M | 0.35% |
2,173,700
+623,000
| +40% | +$85.2M |
|
32
F5
FFIV
$17.5B
| $294M | 0.35% |
2,436,974
+696,765
| +40% | +$84M |
|
33
Intuit
INTU
$186B
| $290M | 0.34% |
2,042,448
+352,400
| +21% | +$50.1M |
|
|
34
FedEx
FDX
$52.8B
| $289M | 0.34% |
+1,280,200
| New | +$289M |
|
35
Ryanair
RYAAY
$32.9B
| $285M | 0.34% |
2,701,519
+303,445
| +13% | +$32M |
|
36
AvalonBay Communities
AVB
$27B
| $283M | 0.33% |
1,586,214
+309,114
| +24% | +$55.2M |
|
37
Nike
NKE
$110B
| $273M | 0.32% |
5,266,900
+3,554,369
| +208% | +$184M |
|
38
NXP Semiconductors
NXPI
$58.6B
| $271M | 0.32% |
2,399,215
+185,327
| +8% | +$21M |
|
39
Clorox
CLX
$15B
| $270M | 0.32% |
2,050,600
+709,200
| +53% | +$93.6M |
|
|
40
Micron Technology
MU
$133B
| $265M | 0.31% |
+6,730,936
| New | +$265M |
|
|
MON
41
DELISTED
Monsanto Co
MON
| $264M | 0.31% |
2,205,600
+1,178,600
| +115% | +$141M |
|
42
Air Products & Chemicals
APD
$65B
| $262M | 0.31% |
1,733,600
+1,391,100
| +406% | +$210M |
|
43
Waste Management
WM
$90.2B
| $258M | 0.3% |
3,296,900
-478,600
| -13% | -$37.5M |
|
44
Merck
MRK
$212B
| $257M | 0.3% |
4,014,063
-578,071
| -13% | -$37M |
|
45
UDR
UDR
$12.6B
| $250M | 0.29% |
6,561,834
+1,448,034
| +28% | +$55.1M |
|
46
Idexx Laboratories
IDXX
$50.6B
| $247M | 0.29% |
1,589,800
+237,900
| +18% | +$37M |
|
47
Gaming and Leisure Properties
GLPI
$13.6B
| $246M | 0.29% |
6,666,493
+1,580,004
| +31% | +$58.3M |
|
|
VMW
48
DELISTED
VMware, Inc
VMW
| $242M | 0.28% |
2,214,600
+103,200
| +5% | +$11.3M |
|
49
Edison International
EIX
$21.2B
| $241M | 0.28% |
3,125,600
+465,605
| +18% | +$35.9M |
|
50
Edwards Lifesciences
EW
$47.9B
| $241M | 0.28% |
2,200,739
+1,347,839
| +158% | +$147M |
|