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 |
Amazon
AMZN
|
$842M |
| 2 |
NVIDIA
NVDA
|
$559M |
| 3 |
Microsoft
MSFT
|
$420M |
| 4 |
Apple
AAPL
|
$389M |
| 5 |
Moderna
MRNA
|
$365M |
Top Sells
| 1 |
Baidu
BIDU
|
$628M |
| 2 |
Tesla
TSLA
|
$424M |
| 3 |
Palo Alto Networks
PANW
|
$417M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$415M |
| 5 |
AT&T
T
|
$389M |
Sector Composition
| 1 | Healthcare | 19.94% |
| 2 | Technology | 19.65% |
| 3 | Consumer Staples | 10.63% |
| 4 | Consumer Discretionary | 10.51% |
| 5 | Communication Services | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
United Parcel Service
UPS
$72.3B
| $263M | 0.33% |
1,264,945
+773,445
| +157% | +$161M |
|
52
Netflix
NFLX
$514B
| $261M | 0.33% |
494,300
+299,000
| +153% | +$158M |
|
53
Medifast
MED
$157M
| $253M | 0.32% |
895,210
+800
| +0.1% | +$226K |
|
54
Salesforce
CRM
$243B
| $253M | 0.32% |
1,035,181
+774,700
| +297% | +$189M |
|
55
Newmont
NEM
$83.8B
| $249M | 0.31% |
3,920,950
+936,381
| +31% | +$59.3M |
|
|
B
56
Barrick Mining Corporation
B
$46.2B
| $248M | 0.31% |
11,990,376
+1,709,340
| +17% | +$35.3M |
|
57
Shopify
SHOP
$181B
| $247M | 0.31% |
169,300
-74,200
| -30% | -$108M |
|
58
Dropbox
DBX
$7.71B
| $244M | 0.31% |
8,065,233
-2,271,710
| -22% | -$68.9M |
|
|
ATVI
59
DELISTED
Activision Blizzard Inc.
ATVI
| $244M | 0.3% |
2,554,398
+506,800
| +25% | +$48.4M |
|
60
Boston Beer
SAM
$2.35B
| $240M | 0.3% |
234,700
-69,200
| -23% | -$70.6M |
|
61
Caterpillar
CAT
$194B
| $227M | 0.28% |
+1,042,778
| New | +$227M |
|
62
General Mills
GIS
$26.2B
| $226M | 0.28% |
3,714,288
+723,100
| +24% | +$44.1M |
|
63
Electronic Arts
EA
$42.9B
| $222M | 0.28% |
1,541,964
-183,200
| -11% | -$26.3M |
|
64
Novartis
NVS
$247B
| $220M | 0.27% |
2,409,939
+39,600
| +2% | +$3.61M |
|
65
National Beverage
FIZZ
$3.82B
| $207M | 0.26% |
4,384,944
-139,100
| -3% | -$6.57M |
|
|
MBT
66
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $205M | 0.26% |
22,108,574
+522,100
| +2% | +$4.83M |
|
67
Kinross Gold
KGC
$26.5B
| $198M | 0.25% |
31,227,274
-4,837,500
| -13% | -$30.7M |
|
68
Clorox
CLX
$15B
| $192M | 0.24% |
1,068,030
+313,600
| +42% | +$56.4M |
|
69
Corcept Therapeutics
CORT
$7.59B
| $187M | 0.23% |
8,522,196
-251,600
| -3% | -$5.54M |
|
70
Allison Transmission
ALSN
$7.4B
| $183M | 0.23% |
4,612,519
-761,110
| -14% | -$30.2M |
|
71
Northrop Grumman
NOC
$83.2B
| $182M | 0.23% |
500,100
-234,900
| -32% | -$85.4M |
|
72
Ryanair
RYAAY
$32.8B
| $181M | 0.23% |
1,675,171
-372,911
| -18% | -$40.4M |
|
|
MOMO
73
Hello Group
MOMO
$1.32B
| $181M | 0.23% |
11,801,198
-1,844,600
| -14% | -$28.2M |
|
74
Lowe's Companies
LOW
$145B
| $178M | 0.22% |
916,200
+818,500
| +838% | +$159M |
|
75
Cogent Communications
CCOI
$1.79B
| $173M | 0.22% |
2,252,656
-22,600
| -1% | -$1.74M |
|