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Rief Trading LLC

Hedge FundFund ID 805-1242904711Delaware, United States
Gross assets
$21.77B
Min. investment
$5M
Beneficial owners
705
Size rank
Top 1%
Audited
Yes
Structure
Master

About this fund

Rief Trading LLC is a hedge fund managed by Renaissance Technologies LLC. The fund reports $21.8 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-1242904711
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued99%

Other funds from this manager

FundTypeGross assets
Medallion Holdings LLCHedge$61.18B
Gf Trading LLCHedge$4.21B
Renaissance Kaleidoscope Fund LLCHedge$30.8M

Frequently asked questions

How large is Rief Trading LLC?

Rief Trading LLC reports $21.8 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for Rief Trading LLC?

The stated minimum investment is $5 million.

Who manages Rief Trading LLC?

Rief Trading LLC is managed by Renaissance Technologies LLC.

Does Rief Trading LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
Custodian
Administrator
Auditor
Marketer

Reported gross assets

$21.77B▼ 10%
Mar '25 — $24.08BApr '25 — $24.08BMay '25 — $24.08BJun '25 — $24.08BJul '25 — $24.08BAug '25 — $24.08BSep '25 — $24.08BOct '25 — $24.08BNov '25 — $24.08BDec '25 — $24.08BJan '26 — $24.08BFeb '26 — $24.08BMar '26 — $21.77BApr '26 — $21.77BMay '26 — $21.77BJun '26 — $21.77B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Hedge FundsTop 1%
Larger than 99% of 12,442 hedge funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons8%
Funds of funds4%
Non-U.S. persons29%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.