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 |
Apple
AAPL
|
$460M |
| 2 |
GE Aerospace
GE
|
$402M |
| 3 |
CELG
Celgene Corp
CELG
|
$381M |
| 4 |
Bristol-Myers Squibb
BMY
|
$379M |
| 5 |
Johnson & Johnson
JNJ
|
$358M |
Top Sells
| 1 |
UnitedHealth
UNH
|
$307M |
| 2 |
Costco
COST
|
$279M |
| 3 |
Lowe's Companies
LOW
|
$273M |
| 4 |
Microsoft
MSFT
|
$243M |
| 5 |
Chevron
CVX
|
$225M |
Sector Composition
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.12% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Novartis
NVS
$248B
| $372M | 0.33% |
4,069,357
+854,857
| +27% | +$44M |
|
52
FirstEnergy
FE
$25.1B
| $367M | 0.32% |
8,576,000
-1,496,908
| -15% | -$64.1M |
|
53
Jazz Pharmaceuticals
JAZZ
$7.99B
| $364M | 0.32% |
2,555,801
+562,700
| +28% | +$80.2M |
|
54
SBA Communications
SBAC
$21.4B
| $364M | 0.32% |
1,619,249
-175,400
| -10% | -$39.4M |
|
55
American Tower
AMT
$91.9B
| $363M | 0.32% |
1,774,000
-581,500
| -25% | -$119M |
|
56
Wayfair
W
$10.3B
| $361M | 0.32% |
2,469,900
-645,800
| -21% | -$94.3M |
|
57
Colgate-Palmolive
CL
$67.7B
| $350M | 0.31% |
4,889,302
-363,100
| -7% | -$26M |
|
58
Public Storage
PSA
$51.2B
| $350M | 0.31% |
1,468,123
-194,215
| -12% | -$46.3M |
|
59
F5
FFIV
$17.8B
| $349M | 0.31% |
2,397,274
-212,500
| -8% | -$30.9M |
|
60
Icon
ICLR
$14B
| $349M | 0.31% |
2,264,260
+43,100
| +2% | +$6.64M |
|
61
Herbalife
HLF
$1.02B
| $348M | 0.31% |
8,143,340
-419,300
| -5% | -$17.9M |
|
62
Mondelez International
MDLZ
$79.3B
| $343M | 0.3% |
6,355,453
+1,834,400
| +41% | +$98.9M |
|
63
Equity Lifestyle Properties
ELS
$11.7B
| $341M | 0.3% |
2,807,401
-214,100
| -7% | -$26M |
|
|
AZPN
64
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $339M | 0.3% |
2,731,103
-697,800
| -20% | -$86.7M |
|
65
Ameren
AEE
$27B
| $335M | 0.29% |
4,456,000
-35,800
| -0.8% | -$2.69M |
|
66
JPMorgan Chase
JPM
$824B
| $332M | 0.29% |
+2,965,786
| New | +$332M |
|
67
AbbVie
ABBV
$374B
| $330M | 0.29% |
4,538,542
+2,064,486
| +83% | +$150M |
|
68
Cable One
CABO
$883M
| $326M | 0.29% |
278,600
+21,700
| +8% | +$25.4M |
|
|
AIV
69
Aimco
AIV
$1.1B
| $326M | 0.29% |
6,495,595
-481,500
| -7% | -$24.1M |
|
70
Gaming and Leisure Properties
GLPI
$13.5B
| $321M | 0.28% |
8,238,817
-1,361,395
| -14% | -$53.1M |
|
71
National Grid
NGG
$68B
| $318M | 0.28% |
5,973,068
+662,742
| +12% | +$35.2M |
|
72
Consolidated Edison
ED
$35.3B
| $317M | 0.28% |
3,620,400
+434,000
| +14% | +$38.1M |
|
73
Xcel Energy
XEL
$42.8B
| $316M | 0.28% |
5,311,630
+411,500
| +8% | +$24.5M |
|
74
Franco-Nevada
FNV
$36.6B
| $312M | 0.27% |
3,675,031
+621,600
| +20% | +$52.8M |
|
75
Toronto Dominion Bank
TD
$128B
| $301M | 0.26% |
5,144,555
-31,703
| -0.6% | -$1.85M |
|