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 |
NVIDIA
NVDA
|
$524M |
| 2 |
Peloton Interactive
PTON
|
$465M |
| 3 |
Amazon
AMZN
|
$312M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
$290M |
| 5 |
NetEase
NTES
|
$264M |
Top Sells
| 1 |
Zoom
ZM
|
$965M |
| 2 |
Pinduoduo
PDD
|
$805M |
| 3 |
AbbVie
ABBV
|
$794M |
| 4 |
Chipotle Mexican Grill
CMG
|
$757M |
| 5 |
Bristol-Myers Squibb
BMY
|
$750M |
Sector Composition
| 1 | Healthcare | 20.82% |
| 2 | Technology | 16.68% |
| 3 | Consumer Discretionary | 11.18% |
| 4 | Communication Services | 10.87% |
| 5 | Consumer Staples | 10.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
NVIDIA
NVDA
$4.16T
| $524M | 0.57% |
+1,003,093
| New | +$524M |
|
27
Herbalife
HLF
$1.01B
| $521M | 0.57% |
10,846,364
-133,914
| -1% | -$6.43M |
|
28
Cable One
CABO
$909M
| $518M | 0.56% |
232,400
-52,000
| -18% | -$116M |
|
29
Hershey
HSY
$37.3B
| $515M | 0.56% |
3,381,266
-595,072
| -15% | -$90.6M |
|
30
Incyte
INCY
$16.5B
| $512M | 0.56% |
5,889,133
-316,217
| -5% | -$27.5M |
|
31
Jazz Pharmaceuticals
JAZZ
$7.75B
| $511M | 0.56% |
3,099,050
-235,900
| -7% | -$38.9M |
|
|
HZNP
32
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $497M | 0.54% |
6,798,963
-1,981,912
| -23% | -$145M |
|
33
Domino's
DPZ
$15.6B
| $466M | 0.51% |
1,214,825
-170,600
| -12% | -$65.4M |
|
|
34
Peloton Interactive
PTON
$3.01B
| $465M | 0.51% |
+3,066,215
| New | +$465M |
|
35
Icon
ICLR
$13.8B
| $456M | 0.49% |
2,336,376
-167,743
| -7% | -$32.7M |
|
36
Novartis
NVS
$245B
| $449M | 0.49% |
4,758,333
-1,923,475
| -29% | -$182M |
|
37
Regeneron Pharmaceuticals
REGN
$61.5B
| $437M | 0.47% |
904,952
-167,410
| -16% | -$80.9M |
|
38
Exelixis
EXEL
$10.1B
| $435M | 0.47% |
21,682,651
-982,959
| -4% | -$19.7M |
|
39
eBay
EBAY
$41.1B
| $428M | 0.46% |
8,508,635
-4,342,299
| -34% | -$218M |
|
40
Petrobras
PBR
$80B
| $419M | 0.45% |
37,287,830
-4,234,800
| -10% | -$47.6M |
|
41
MarketAxess Holdings
MKTX
$6.87B
| $408M | 0.44% |
714,953
-251,711
| -26% | -$144M |
|
42
Humana
HUM
$36.5B
| $393M | 0.43% |
958,878
-639,264
| -40% | -$262M |
|
43
Dropbox
DBX
$7.84B
| $379M | 0.41% |
17,061,743
-3,138,145
| -16% | -$69.6M |
|
44
Altria Group
MO
$113B
| $378M | 0.41% |
9,215,736
+87,976
| +1% | +$3.61M |
|
|
45
NetEase
NTES
$85.9B
| $377M | 0.41% |
3,939,176
+2,759,038
| +234% | +$264M |
|
46
Gilead Sciences
GILD
$140B
| $371M | 0.4% |
6,374,762
-1,277,117
| -17% | -$74.4M |
|
47
Boston Beer
SAM
$2.41B
| $371M | 0.4% |
373,500
-88,617
| -19% | -$88.1M |
|
48
Microsoft
MSFT
$3.75T
| $368M | 0.4% |
1,654,884
+339,072
| +26% | +$75.4M |
|
49
Netflix
NFLX
$516B
| $352M | 0.38% |
651,600
+215,839
| +50% | +$117M |
|
50
National Grid
NGG
$67.5B
| $352M | 0.38% |
5,956,554
-423,413
| -7% | -$25M |
|