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 |
Microsoft
MSFT
|
$351M |
| 2 |
Netflix
NFLX
|
$343M |
| 3 |
Berkshire Hathaway Class A
BRK.A
|
$293M |
| 4 |
Nike
NKE
|
$186M |
| 5 |
Delta Air Lines
DAL
|
$177M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$1.33B |
| 2 |
Tesla
TSLA
|
$344M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$306M |
| 4 |
NVIDIA
NVDA
|
$281M |
| 5 |
Boeing
BA
|
$251M |
Sector Composition
| 1 | Technology | 19.27% |
| 2 | Healthcare | 18.45% |
| 3 | Consumer Discretionary | 12.35% |
| 4 | Consumer Staples | 10.15% |
| 5 | Industrials | 9.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Fortinet
FTNT
$58.7B
| $303M | 0.52% |
5,171,545
-2,134,500
| -29% | -$125M |
|
|
27
Delta Air Lines
DAL
$40B
| $303M | 0.52% |
8,186,620
+4,795,520
| +141% | +$177M |
|
28
American Airlines Group
AAL
$8.87B
| $287M | 0.49% |
22,432,932
+5,325,600
| +31% | +$68.2M |
|
29
Molina Healthcare
MOH
$9.6B
| $281M | 0.48% |
858,237
-143,500
| -14% | -$47.1M |
|
30
Biogen
BIIB
$20.8B
| $279M | 0.48% |
1,086,397
-23,140
| -2% | -$5.95M |
|
31
CrowdStrike
CRWD
$104B
| $279M | 0.48% |
1,668,083
-1,193,246
| -42% | -$200M |
|
32
Incyte
INCY
$17B
| $277M | 0.47% |
4,796,533
-31,656
| -0.7% | -$1.83M |
|
33
Novartis
NVS
$248B
| $269M | 0.46% |
2,636,845
+282,000
| +12% | +$28.7M |
|
34
Dropbox
DBX
$7.82B
| $260M | 0.44% |
9,550,533
+252,700
| +3% | +$6.88M |
|
35
McDonald's
MCD
$226B
| $251M | 0.43% |
951,530
+26,144
| +3% | +$6.89M |
|
36
Hologic
HOLX
$14.7B
| $250M | 0.43% |
3,609,177
+700,600
| +24% | +$48.6M |
|
37
e.l.f. Beauty
ELF
$7.38B
| $250M | 0.43% |
2,273,100
+342,700
| +18% | +$37.6M |
|
38
Caterpillar
CAT
$194B
| $247M | 0.42% |
906,458
-433,552
| -32% | -$118M |
|
39
Monster Beverage
MNST
$62B
| $247M | 0.42% |
4,668,382
+300,164
| +7% | +$15.9M |
|
40
General Motors
GM
$55B
| $229M | 0.39% |
6,950,500
+320,788
| +5% | +$10.6M |
|
41
GE Aerospace
GE
$293B
| $228M | 0.39% |
2,063,165
+280,920
| +16% | +$31.1M |
|
42
General Mills
GIS
$26.6B
| $224M | 0.38% |
3,498,905
-65,510
| -2% | -$4.19M |
|
43
Elevance Health
ELV
$72.4B
| $222M | 0.38% |
508,773
+166,100
| +48% | +$72.3M |
|
44
Pfizer
PFE
$141B
| $219M | 0.37% |
6,588,664
-1,822,977
| -22% | -$60.5M |
|
45
Coca-Cola
KO
$297B
| $214M | 0.36% |
3,816,356
+1,557,204
| +69% | +$87.2M |
|
46
National Grid
NGG
$68B
| $214M | 0.36% |
3,521,454
-124,200
| -3% | -$7.53M |
|
47
New Oriental
EDU
$7.98B
| $211M | 0.36% |
3,604,786
+322,032
| +10% | +$18.9M |
|
48
AbbVie
ABBV
$374B
| $202M | 0.35% |
1,358,099
+70,991
| +6% | +$10.6M |
|
49
Clorox
CLX
$15B
| $201M | 0.34% |
1,531,697
+576,400
| +60% | +$75.5M |
|
50
Allison Transmission
ALSN
$7.36B
| $196M | 0.33% |
3,311,319
-33,100
| -1% | -$1.95M |
|