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 |
Bristol-Myers Squibb
BMY
|
$1.76B |
| 2 |
Tesla
TSLA
|
$1.37B |
| 3 |
Amazon
AMZN
|
$623M |
| 4 |
AbbVie
ABBV
|
$398M |
| 5 |
Qualcomm
QCOM
|
$394M |
Top Sells
| 1 |
CELG
Celgene Corp
CELG
|
$1.54B |
| 2 |
Johnson & Johnson
JNJ
|
$603M |
| 3 |
Micron Technology
MU
|
$366M |
| 4 |
Meta Platforms (Facebook)
META
|
$365M |
| 5 |
UnitedHealth
UNH
|
$353M |
Sector Composition
| 1 | Healthcare | 21.21% |
| 2 | Technology | 12.91% |
| 3 | Consumer Discretionary | 10.45% |
| 4 | Financials | 8.47% |
| 5 | Industrials | 7.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Dropbox
DBX
$7.82B
| $315M | 0.24% |
17,599,516
+6,180,409
| +54% | +$111M |
|
77
Incyte
INCY
$17B
| $314M | 0.24% |
3,601,003
+857,383
| +31% | +$74.9M |
|
78
Estee Lauder
EL
$33.1B
| $314M | 0.24% |
1,518,030
-1,274,100
| -46% | -$263M |
|
79
United Therapeutics
UTHR
$17.7B
| $312M | 0.24% |
3,544,433
+332,155
| +10% | +$29.3M |
|
|
VMW
80
DELISTED
VMware, Inc
VMW
| $311M | 0.24% |
2,050,583
-1,116,510
| -35% | -$169M |
|
|
81
Micron Technology
MU
$133B
| $309M | 0.24% |
5,754,498
-6,798,628
| -54% | -$366M |
|
82
Ryanair
RYAAY
$32.9B
| $306M | 0.23% |
3,489,366
-18,153
| -0.5% | -$1.59M |
|
83
Norwegian Cruise Line
NCLH
$11.5B
| $297M | 0.23% |
5,091,044
+325,344
| +7% | +$19M |
|
84
United Airlines
UAL
$34.4B
| $294M | 0.23% |
3,342,743
+841,108
| +34% | +$74.1M |
|
|
85
Johnson & Johnson
JNJ
$429B
| $294M | 0.23% |
2,016,768
-4,133,482
| -67% | -$603M |
|
86
Gaming and Leisure Properties
GLPI
$13.5B
| $292M | 0.22% |
6,779,502
-588,800
| -8% | -$25.3M |
|
87
HSBC
HSBC
$224B
| $292M | 0.22% |
7,463,283
+998,765
| +15% | +$39M |
|
88
Kinross Gold
KGC
$26.6B
| $291M | 0.22% |
61,449,756
-431,143
| -0.7% | -$2.04M |
|
|
B
89
Barrick Mining Corporation
B
$46.3B
| $291M | 0.22% |
15,648,964
+626,599
| +4% | +$11.6M |
|
|
CHL
90
DELISTED
China Mobile Limited
CHL
| $286M | 0.22% |
6,772,697
+870,600
| +15% | +$36.8M |
|
91
Haemonetics
HAE
$2.57B
| $280M | 0.22% |
2,439,816
-187,084
| -7% | -$21.5M |
|
92
RH
RH
$4.14B
| $277M | 0.21% |
1,299,277
+146,277
| +13% | +$31.2M |
|
93
Pinnacle West Capital
PNW
$10.6B
| $273M | 0.21% |
3,031,898
-207,752
| -6% | -$18.7M |
|
94
AES
AES
$9.42B
| $270M | 0.21% |
13,558,100
+2,866,806
| +27% | +$57M |
|
95
Scotiabank
BNS
$78.1B
| $268M | 0.21% |
4,737,700
+146,800
| +3% | +$8.29M |
|
96
Pinduoduo
PDD
$177B
| $265M | 0.2% |
7,011,574
+597,100
| +9% | +$22.6M |
|
97
Kroger
KR
$45.1B
| $263M | 0.2% |
9,072,644
+4,627,100
| +104% | +$134M |
|
98
Crown Castle
CCI
$42.3B
| $259M | 0.2% |
1,822,870
-853,329
| -32% | -$121M |
|
99
SBA Communications
SBAC
$21.4B
| $259M | 0.2% |
1,072,749
-268,300
| -20% | -$64.7M |
|
100
Ericsson
ERIC
$26.2B
| $253M | 0.19% |
28,803,088
+2,226,588
| +8% | +$19.5M |
|