RENAISSANCE TECHNOLOGIES LLC
NEW YORK NY
Investment Advisor
Hedge Fund
Renaissance Technologies is based out of New York and is run by James Simons. Renaissance Technologies is a hedge fund with 14 clients and discretionary assets under management (AUM) of $89,259,682,162 (Form ADV from 2024-08-06). Their last reported 13F filing for Q1 2025 included $66,072,250,548 in managed 13F securities
and a top 10 holdings concentration of 10.65%. Renaissance Technologies's largest holding is Palantir Technologies Inc with shares held of 16,289,873. Whalewisdom has at least 116 13F filings, and 2725 13G filings
Business Description
Renaissance Technologies LLC ("Renaissance" or the "Firm") is an investment management firm, founded in 1982, that implements quantitative investment strategies on behalf of its clients. It acts as general partner, managing member, and/or investment manager to U.S. and non-U.S. private investment funds (the "Funds") that invest in a variety of securities, futures, and derivatives contracts.
Renaissance is owned by two parent companies: Renaissance Technologies Holdings Corporation (with approximately a 77% stake) and RTC II Holdings LLC (with approximately a 23% stake). Renaissance's clients include the Fund Families and the Kaleidoscope Fund.
Investment Strategy
The Firm employs speculative investment and trading strategies across its Medallion, RIEF, and RIDA Funds. The Medallion Funds aim for asset appreciation through trading in securities, futures, and derivatives. The RIEF Funds trade global equity securities and derivatives listed on U.S. exchanges, targeting long-term risk-adjusted returns exceeding the Standard & Poor's 500 Index, while maintaining a low beta (0.4 or lower) and lower volatility than the Index, with an average leverage of approximately 2.5 to 1. The RIEF Funds’ trading strategy is designed with the objective that the RIEF Funds be no more than $100 net long for each $100 of equity.
The RIDA Funds trade equity securities publicly traded on global exchanges. The RIDA Funds expect most returns over the long term to come as alpha as the Funds are intended to have low correlation to the U.S. and global equity markets. Prospective investors should be aware that these investments are speculative and volatile, involving substantial risk, and are suitable only for investors who can tolerate significant risk.
Owners
- RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION - MEMBER
- BROWN, PETER, FITZHUGH - CHAIRMAN OF THE BOARD, CO-PRESIDENT, CO-CEO
- SILBER, MENDEL, MARK - DIRECTOR
- LAUFER, HENRY, BEN - DIRECTOR
- MICHEL, TIFFANY, TAYLOR - CHIEF COMPLIANCE OFFICER
- SMALL, ANNE, KIMBALL - CHIEF LEGAL OFFICER, GENERAL COUNSEL, DIRECTOR
- SIMONS, NATHANIEL, HENRY - DIRECTOR
- HUBNER, EDWARD, JAMES - HEAD OF RISK CONTROL
- LIPPE, DAVID, ALLEN - DIRECTOR, CO-PRESIDENT, CO-CEO
- LOURIE, ROBERT, WILLIAM - DIRECTOR
- FELCZAK, BRIAN, DOUGLAS - CHIEF FINANCIAL OFFICER
- Simons, Marilyn, Hawrys - DIRECTOR Click on the Ownership/Private Fund Data tab for more details.
Other Contact Information
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2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| AVGO Broadcom Inc | 0.61% |
| GOOGL Alphabet Inc. Class | 0.53% |
| META Meta Platforms Inc | 0.48% |
| HOOD Robinhood Markets In | 0.38% |
| WMT Walmart Inc | 0.35% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| AAPL Apple Inc | 0.91% |
| NFLX Netflix Inc | 0.54% |
| NVDA NVIDIA Corp | 0.53% |
| PLTR Palantir Technologie | 0.47% |
| NVO Novo Nordisk | 0.34% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| PLTR Palantir Technologie | 2.08% |
| VRSN VeriSign Inc | 1.16% |
| CORT Corcept Therapeutics | 1.06% |
| HOOD Robinhood Markets In | 1.05% |
| SFM Sprouts Farmers Mark | 0.99% |
2025-03-31
13F Activity
| Market Value | $66.1b, Prior: $67.6b |
| Inflows (Outflows) as % of Total MV | (-0.5166)% |
| New Purchases | 457 stocks |
| Added To | 1473 stocks |
| Sold out of | 584 stocks |
| Reduced holdings in | 1442 stocks |
| Top 10 Holdings % | 10.65% |
| Turnover %[1] | 26.09% |
| Turnover Alt %[2] | 22.9% |
| Time Held Top 20 | 9.1 quarters |
| Time Held Top 10 | 5.1 quarters |
| Time Held All | 18.05 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31