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 | |
|---|---|---|---|---|---|---|
26
Costco
COST
$418B
| $391M | 0.43% |
2,100,913
+890,200
| +74% | +$166M |
|
27
American Tower
AMT
$95.5B
| $386M | 0.43% |
2,703,900
+530,200
| +24% | +$75.6M |
|
28
American Electric Power
AEP
$59.4B
| $385M | 0.42% |
5,227,300
+245,600
| +5% | +$18.1M |
|
29
NXP Semiconductors
NXPI
$59.2B
| $381M | 0.42% |
3,251,504
+852,289
| +36% | +$99.8M |
|
30
Ryanair
RYAAY
$33.7B
| $362M | 0.4% |
3,473,819
+772,300
| +29% | +$80.5M |
|
31
Duke Energy
DUK
$95.3B
| $362M | 0.4% |
4,302,017
+1,760,350
| +69% | +$148M |
|
32
Eli Lilly
LLY
$657B
| $361M | 0.4% |
4,272,105
+222,900
| +6% | +$18.8M |
|
33
Clorox
CLX
$14.5B
| $351M | 0.39% |
2,360,600
+310,000
| +15% | +$46.1M |
|
34
GSK
GSK
$78.5B
| $343M | 0.38% |
9,668,300
+230,600
| +2% | +$8.18M |
|
|
MON
35
DELISTED
Monsanto Co
MON
| $336M | 0.37% |
2,881,300
+675,700
| +31% | +$78.9M |
|
|
VMW
36
DELISTED
VMware, Inc
VMW
| $333M | 0.37% |
2,656,100
+441,500
| +20% | +$55.3M |
|
37
Waste Management
WM
$90.9B
| $329M | 0.36% |
3,808,600
+511,700
| +16% | +$44.2M |
|
38
Entergy
ETR
$39.3B
| $309M | 0.34% |
3,798,700
+928,800
| +32% | +$75.6M |
|
39
UDR
UDR
$12.7B
| $304M | 0.34% |
7,889,498
+1,327,664
| +20% | +$51.1M |
|
40
Dell
DELL
$81.8B
| $301M | 0.33% |
3,700,100
+2,389,100
| +182% | +$194M |
|
41
Idexx Laboratories
IDXX
$51.8B
| $294M | 0.32% |
1,879,804
+290,004
| +18% | +$45.4M |
|
42
F5
FFIV
$18B
| $288M | 0.32% |
2,195,774
-241,200
| -10% | -$31.7M |
|
43
FirstEnergy
FE
$25.2B
| $288M | 0.32% |
9,391,408
+2,972,400
| +46% | +$91M |
|
44
Gaming and Leisure Properties
GLPI
$13.6B
| $284M | 0.31% |
7,666,689
+1,000,196
| +15% | +$37M |
|
45
Progressive
PGR
$145B
| $281M | 0.31% |
4,984,700
+525,300
| +12% | +$29.6M |
|
46
Waters Corp
WAT
$18B
| $276M | 0.3% |
1,429,049
+530,949
| +59% | +$103M |
|
47
AvalonBay Communities
AVB
$26.9B
| $262M | 0.29% |
1,470,614
-115,600
| -7% | -$20.6M |
|
|
WCG
48
DELISTED
Wellcare Health Plans, Inc.
WCG
| $262M | 0.29% |
1,303,900
+55,000
| +4% | +$11.1M |
|
49
Chubb
CB
$110B
| $261M | 0.29% |
1,788,261
-812,500
| -31% | -$119M |
|
50
Air Products & Chemicals
APD
$65.5B
| $259M | 0.29% |
1,578,500
-155,100
| -9% | -$25.4M |
|