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 |
Tesla
TSLA
|
$378M |
| 2 |
AT&T
T
|
$328M |
| 3 |
Roku
ROKU
|
$326M |
| 4 |
Qualcomm
QCOM
|
$269M |
| 5 |
PARA
Paramount Global Class B
PARA
|
$255M |
Top Sells
| 1 |
Baidu
BIDU
|
$1.17B |
| 2 |
Bristol-Myers Squibb
BMY
|
$727M |
| 3 |
Pinduoduo
PDD
|
$599M |
| 4 |
AbbVie
ABBV
|
$564M |
| 5 |
Chipotle Mexican Grill
CMG
|
$483M |
Sector Composition
| 1 | Healthcare | 19.43% |
| 2 | Technology | 17.52% |
| 3 | Communication Services | 11.2% |
| 4 | Consumer Discretionary | 10.6% |
| 5 | Consumer Staples | 10.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Bristol-Myers Squibb
BMY
$96B
| $440M | 0.55% |
6,972,187
-11,508,443
| -62% | -$727M |
|
27
Jazz Pharmaceuticals
JAZZ
$7.75B
| $438M | 0.54% |
2,662,650
-436,400
| -14% | -$71.7M |
|
28
Gilead Sciences
GILD
$140B
| $424M | 0.53% |
6,561,003
+186,241
| +3% | +$12M |
|
29
Exelixis
EXEL
$10.1B
| $421M | 0.52% |
18,632,801
-3,049,850
| -14% | -$68.9M |
|
30
Alphabet (Google) Class C
GOOG
$2.56T
| $408M | 0.51% |
197,085
+43,300
| +28% | +$89.6M |
|
31
Icon
ICLR
$13.8B
| $406M | 0.51% |
2,069,718
-266,658
| -11% | -$52.4M |
|
32
Herbalife
HLF
$1.01B
| $401M | 0.5% |
9,034,764
-1,811,600
| -17% | -$80.4M |
|
33
Incyte
INCY
$16.5B
| $398M | 0.5% |
4,898,733
-990,400
| -17% | -$80.5M |
|
|
34
AT&T
T
$208B
| $389M | 0.48% |
12,841,586
+10,823,100
| +536% | +$328M |
|
35
Boston Beer
SAM
$2.41B
| $367M | 0.46% |
303,900
-69,600
| -19% | -$84M |
|
36
Cable One
CABO
$909M
| $361M | 0.45% |
197,200
-35,200
| -15% | -$64.4M |
|
|
37
Chipotle Mexican Grill
CMG
$56B
| $360M | 0.45% |
253,642
-339,600
| -57% | -$483M |
|
|
38
Pinduoduo
PDD
$173B
| $358M | 0.45% |
2,673,073
-4,473,170
| -63% | -$599M |
|
39
Domino's
DPZ
$15.6B
| $344M | 0.43% |
936,425
-278,400
| -23% | -$102M |
|
40
National Grid
NGG
$67.5B
| $317M | 0.39% |
5,357,454
-599,100
| -10% | -$35.5M |
|
41
GSK
GSK
$78.5B
| $313M | 0.39% |
8,763,021
-5,508,400
| -39% | -$197M |
|
|
42
Qualcomm
QCOM
$171B
| $304M | 0.38% |
2,292,160
+2,027,900
| +767% | +$269M |
|
43
Dropbox
DBX
$7.84B
| $276M | 0.34% |
10,336,943
-6,724,800
| -39% | -$179M |
|
44
Shopify
SHOP
$181B
| $269M | 0.34% |
243,500
+45,888
| +23% | +$50.8M |
|
45
Meta Platforms (Facebook)
META
$1.85T
| $263M | 0.33% |
893,000
-112,200
| -11% | -$33M |
|
46
Advanced Micro Devices
AMD
$263B
| $263M | 0.33% |
3,348,526
+829,200
| +33% | +$65.1M |
|
|
PARA
47
DELISTED
Paramount Global Class B
PARA
| $255M | 0.32% |
+5,644,997
| New | +$255M |
|
48
Cboe Global Markets
CBOE
$24.7B
| $254M | 0.32% |
2,577,824
-513,100
| -17% | -$50.6M |
|
49
Aon
AON
$79.1B
| $253M | 0.32% |
1,101,278
+956,877
| +663% | +$220M |
|
50
Peloton Interactive
PTON
$3.01B
| $252M | 0.31% |
2,243,288
-822,927
| -27% | -$92.5M |
|