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 |
Zoom
ZM
|
$406M |
| 2 |
Baidu
BIDU
|
$382M |
| 3 |
AGN
Allergan plc
AGN
|
$366M |
| 4 |
Bristol-Myers Squibb
BMY
|
$322M |
| 5 |
NextEra Energy, Inc.
NEE
|
$312M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.66B |
| 2 |
Meta Platforms (Facebook)
META
|
$370M |
| 3 |
Pfizer
PFE
|
$343M |
| 4 |
Gilead Sciences
GILD
|
$331M |
| 5 |
Amazon
AMZN
|
$282M |
Sector Composition
| 1 | Healthcare | 25.43% |
| 2 | Technology | 12.73% |
| 3 | Consumer Staples | 9.8% |
| 4 | Financials | 8.2% |
| 5 | Utilities | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Newmont
NEM
$81.7B
| $541M | 0.53% | 11,953,187 +2,718,688 | +29% | +$123M |
|
27
Entergy
ETR
$39.3B
| $534M | 0.52% | 5,683,364 +784,740 | +16% | +$73.7M |
|
28
Merck
MRK
$210B
| $530M | 0.52% | 6,892,370 +1,219,127 | +21% | +$93.8M |
|
29
Cable One
CABO
$909M
| $513M | 0.5% | 312,100 +19,200 | +7% | +$31.6M |
|
30
Align Technology
ALGN
$10.3B
| $511M | 0.5% | 2,938,229 +327,381 | +13% | +$56.9M |
|
31
Vodafone
VOD
$28.8B
| $498M | 0.48% | 36,142,908 +2,170,688 | +6% | +$29.9M |
|
32
Franco-Nevada
FNV
$36.3B
| $488M | 0.47% | 4,904,818 +265,182 | +6% | +$26.4M |
|
33
FirstEnergy
FE
$25.2B
| $482M | 0.47% | 12,034,408 +1,766,108 | +17% | +$70.8M |
|
34
Colgate-Palmolive
CL
$67.9B
| $466M | 0.45% | 7,023,996 +2,351,369 | +50% | +$156M |
|
|
B
35
Barrick Mining Corporation
B
$45.4B
| $460M | 0.45% | 25,132,271 +9,483,307 | +61% | +$174M |
|
36
American Electric Power
AEP
$59.4B
| $442M | 0.43% | 5,530,140 +868,242 | +19% | +$69.4M |
|
37
Southern Company
SO
$102B
| $412M | 0.4% | 7,611,038 +1,582,175 | +26% | +$85.7M |
|
38
National Grid
NGG
$70B
| $409M | 0.4% | 7,012,967 +180,200 | +3% | +$10.5M |
|
|
39
Zoom
ZM
$24.4B
| $406M | 0.39% | +2,777,540 | New | +$406M |
|
40
Evergy
EVRG
$16.4B
| $404M | 0.39% | 7,347,769 +1,361,013 | +23% | +$74.9M |
|
|
41
Tesla
TSLA
$1.08T
| $402M | 0.39% | 767,506 -3,170,636 | -81% | -$1.66B |
|
42
Johnson & Johnson
JNJ
$427B
| $402M | 0.39% | 3,066,835 +1,050,067 | +52% | +$138M |
|
43
MarketAxess Holdings
MKTX
$6.87B
| $400M | 0.39% | 1,201,364 +245,410 | +26% | +$81.6M |
|
44
Ameren
AEE
$27B
| $398M | 0.39% | 5,463,157 +891,949 | +20% | +$65M |
|
45
Cboe Global Markets
CBOE
$24.7B
| $393M | 0.38% | 4,399,653 -158,200 | -3% | -$14.1M |
|
46
Kroger
KR
$44.9B
| $391M | 0.38% | 12,969,303 +3,896,659 | +43% | +$117M |
|
|
47
Amazon
AMZN
$2.44T
| $376M | 0.37% | 192,855 -144,400 | -43% | -$282M |
|
48
eBay
EBAY
$41.4B
| $375M | 0.36% | 12,489,871 -2,630,157 | -17% | -$79.1M |
|
49
Consolidated Edison
ED
$35.4B
| $372M | 0.36% | 4,773,997 +767,303 | +19% | +$59.8M |
|
50
Petrobras
PBR
$79.9B
| $364M | 0.35% | 66,170,330 +9,474,400 | +17% | +$52.1M |
|