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 |
Chevron
CVX
|
$331M |
| 2 |
Walmart
WMT
|
$251M |
| 3 |
Linde
LIN
|
$187M |
| 4 |
PayPal
PYPL
|
$145M |
| 5 |
Union Pacific
UNP
|
$126M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$903M |
| 2 |
Uber
UBER
|
$565M |
| 3 |
Exxon Mobil
XOM
|
$450M |
| 4 |
Novo Nordisk
NVO
|
$393M |
| 5 |
Apple
AAPL
|
$317M |
Sector Composition
| 1 | Technology | 18.82% |
| 2 | Healthcare | 17.05% |
| 3 | Consumer Discretionary | 13.22% |
| 4 | Financials | 8.79% |
| 5 | Consumer Staples | 7.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
3M
MMM
$81.3B
| $157M | 0.25% |
1,475,785
+674,985
| +84% | +$71.6M |
|
|
77
PayPal
PYPL
$66.5B
| $153M | 0.24% |
2,284,700
+2,160,500
| +1,740% | +$145M |
|
78
Keurig Dr Pepper
KDP
$39.4B
| $150M | 0.24% |
4,884,825
+1,463,700
| +43% | +$44.9M |
|
79
Manhattan Associates
MANH
$12.7B
| $148M | 0.23% |
591,560
+67,200
| +13% | +$16.8M |
|
80
Monster Beverage
MNST
$61.1B
| $147M | 0.23% |
2,485,729
-460,337
| -16% | -$27.3M |
|
81
Electronic Arts
EA
$42.8B
| $146M | 0.23% |
1,098,264
+821,700
| +297% | +$109M |
|
82
Bank of America
BAC
$374B
| $142M | 0.22% |
3,754,866
+2,714,600
| +261% | +$103M |
|
83
Dr. Reddy's Laboratories
RDY
$11.9B
| $142M | 0.22% |
1,929,889
+69,094
| +4% | +$5.07M |
|
84
Jazz Pharmaceuticals
JAZZ
$7.91B
| $140M | 0.22% |
1,165,568
-66,006
| -5% | -$7.95M |
|
85
TKO Group
TKO
$15.4B
| $140M | 0.22% |
1,617,300
+132,800
| +9% | +$11.5M |
|
86
Royal Caribbean
RCL
$96.2B
| $139M | 0.22% |
999,243
-545,399
| -35% | -$75.8M |
|
87
Micron Technology
MU
$133B
| $138M | 0.22% |
1,174,436
-243,000
| -17% | -$28.6M |
|
88
Nova
NVMI
$6.93B
| $137M | 0.22% |
773,386
-40,800
| -5% | -$7.24M |
|
89
General Motors
GM
$55.8B
| $137M | 0.22% |
3,018,000
-1,164,149
| -28% | -$52.8M |
|
90
Schlumberger
SLB
$53B
| $136M | 0.21% |
2,476,404
+124,900
| +5% | +$6.85M |
|
91
Applied Materials
AMAT
$124B
| $135M | 0.21% |
654,648
-56,900
| -8% | -$11.7M |
|
92
Logitech
LOGI
$15.4B
| $134M | 0.21% |
1,503,908
+169,742
| +13% | +$15.2M |
|
93
Oracle
ORCL
$630B
| $133M | 0.21% |
1,062,532
+132,200
| +14% | +$16.6M |
|
94
Permian Resources
PR
$10.1B
| $133M | 0.21% |
7,552,919
+3,919,714
| +108% | +$69.2M |
|
95
Flowers Foods
FLO
$3.15B
| $133M | 0.21% |
5,608,885
+10,100
| +0.2% | +$240K |
|
96
Visa
V
$679B
| $132M | 0.21% |
471,275
-567,956
| -55% | -$159M |
|
97
Medpace
MEDP
$13.3B
| $130M | 0.2% |
320,788
+69,400
| +28% | +$28M |
|
98
TE Connectivity
TEL
$60.7B
| $130M | 0.2% |
892,400
+603,100
| +208% | +$87.6M |
|
99
Ulta Beauty
ULTA
$23.9B
| $128M | 0.2% |
245,700
-113,900
| -32% | -$59.6M |
|
100
Ecolab
ECL
$77.6B
| $128M | 0.2% |
554,856
+305,059
| +122% | +$70.4M |
|