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 |
Merck
MRK
|
$468M |
| 2 |
Johnson & Johnson
JNJ
|
$458M |
| 3 |
Booking.com
BKNG
|
$358M |
| 4 |
IBM
IBM
|
$352M |
| 5 |
RAI
Reynolds American Inc
RAI
|
$347M |
Top Sells
| 1 |
LLTC
Linear Technology Corp
LLTC
|
$482M |
| 2 |
Walt Disney
DIS
|
$255M |
| 3 |
Visa
V
|
$226M |
| 4 |
Deere & Co
DE
|
$201M |
| 5 |
Johnson Controls International
JCI
|
$179M |
Sector Composition
| 1 | Healthcare | 15.02% |
| 2 | Technology | 13.41% |
| 3 | Financials | 12.25% |
| 4 | Consumer Staples | 9.57% |
| 5 | Industrials | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
VMW
51
DELISTED
VMware, Inc
VMW
| $199M | 0.28% |
2,160,400
+475,800
| +28% | +$43.8M |
|
52
Netflix
NFLX
$516B
| $197M | 0.28% |
1,335,800
+230,300
| +21% | +$34M |
|
53
AvalonBay Communities
AVB
$26.9B
| $197M | 0.28% |
1,074,000
+219,200
| +26% | +$40.2M |
|
54
Mondelez International
MDLZ
$80B
| $197M | 0.28% |
4,573,598
+2,975,800
| +186% | +$128M |
|
|
RTN
55
DELISTED
Raytheon Company
RTN
| $197M | 0.27% |
1,289,200
+514,800
| +66% | +$78.5M |
|
56
FirstEnergy
FE
$25.2B
| $194M | 0.27% |
6,109,108
-632,992
| -9% | -$20.1M |
|
57
Alaska Air
ALK
$7.22B
| $192M | 0.27% |
2,085,800
-293,600
| -12% | -$27.1M |
|
58
Allegiant Air
ALGT
$1.15B
| $190M | 0.27% |
1,187,600
-23,800
| -2% | -$3.81M |
|
59
Tesla
TSLA
$1.06T
| $189M | 0.26% |
677,792
+366,400
| +118% | +$102M |
|
60
Ryanair
RYAAY
$33.7B
| $189M | 0.26% |
2,271,819
-57,289
| -2% | -$4.75M |
|
61
GSK
GSK
$78.5B
| $186M | 0.26% |
4,402,100
+1,316,600
| +43% | +$55.5M |
|
62
DTE Energy
DTE
$28.2B
| $185M | 0.26% |
1,815,800
+297,600
| +20% | +$30.4M |
|
|
PX
63
DELISTED
Praxair Inc
PX
| $185M | 0.26% |
1,560,700
+1,158,100
| +288% | +$137M |
|
64
Simon Property Group
SPG
$59B
| $185M | 0.26% |
1,074,905
+454,400
| +73% | +$78.2M |
|
65
Home Depot
HD
$405B
| $183M | 0.26% |
1,246,100
+654,100
| +110% | +$96M |
|
66
Novartis
NVS
$245B
| $183M | 0.26% |
2,458,498
+171,498
| +7% | +$12.7M |
|
67
UnitedHealth
UNH
$280B
| $180M | 0.25% |
1,094,926
+693,018
| +172% | +$114M |
|
|
YHOO
68
DELISTED
Yahoo Inc
YHOO
| $178M | 0.25% |
3,841,500
+2,154,200
| +128% | +$100M |
|
69
Analog Devices
ADI
$124B
| $173M | 0.24% |
2,113,089
+1,298,989
| +160% | +$106M |
|
70
Jazz Pharmaceuticals
JAZZ
$7.75B
| $168M | 0.24% |
1,160,963
-399,337
| -26% | -$58M |
|
71
Yum! Brands
YUM
$40.8B
| $168M | 0.23% |
2,625,400
+1,774,600
| +209% | +$113M |
|
72
National Grid
NGG
$67.5B
| $167M | 0.23% |
2,629,865
-312,500
| -11% | -$19.8M |
|
73
McDonald's
MCD
$224B
| $166M | 0.23% |
1,277,800
+1,175,200
| +1,145% | +$152M |
|
|
MBT
74
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $165M | 0.23% |
14,961,950
+4,311,200
| +40% | +$47.6M |
|
75
Align Technology
ALGN
$10.3B
| $164M | 0.23% |
1,426,800
+110,300
| +8% | +$12.7M |
|