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
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$328M |
| 2 |
Johnson & Johnson
JNJ
|
+$229M |
| 3 |
GE Aerospace
GE
|
+$156M |
| 4 |
Target
TGT
|
+$155M |
| 5 |
Walt Disney
DIS
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$283M |
| 2 |
Eli Lilly
LLY
|
+$211M |
| 3 |
Microsoft
MSFT
|
+$199M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$184M |
| 5 |
Citigroup
C
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.03% |
| 2 | Healthcare | 12.1% |
| 3 | Consumer Discretionary | 11.99% |
| 4 | Consumer Staples | 11.92% |
| 5 | Industrials | 10.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
CSX Corp
CSX
$94B
| – | – |
-2,194,500
| Closed | -$17M |
|
2827
Cognizant
CTSH
$25.2B
| – | – |
-2,006,352
| Closed | -$62.8M |
|
2828
Cousins Properties
CUZ
$5.31B
| – | – |
-209,439
| Closed | -$5.97M |
|
2829
Curtiss-Wright
CW
$25.1B
| – | – |
-5,400
| Closed | -$200K |
|
2830
Dick's Sporting Goods
DKS
$18.4B
| – | – |
-393,400
| Closed | -$19.7M |
|
|
DX
2831
Dynex Capital
DX
$3.18B
| – | – |
-76,700
| Closed | -$2.35M |
|
2832
ENI
E
$78B
| – | – |
-135,350
| Closed | -$5.55M |
|
2833
eBay
EBAY
$51.2B
| – | – |
-2,277,253
| Closed | -$49.6M |
|
|
AXIA
2834
AXIA Energia
AXIA
$22.9B
| – | – |
-160,473
| Closed | -$269K |
|
|
EFC
2835
Ellington Financial
EFC
$1.69B
| – | – |
-192,827
| Closed | -$4.4M |
|
2836
Eldorado Gold
EGO
$8.33B
| – | – |
-359,000
| Closed | -$11.1M |
|
|
ELP
2837
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| – | – |
-618,250
| Closed | -$3.07M |
|
2838
EOG Resources
EOG
$77.7B
| – | – |
-1,238,600
| Closed | -$81.5M |
|
2839
Equinix
EQIX
$99.4B
| – | – |
-82,638
| Closed | -$15.3M |
|
2840
Energy Recovery
ERII
$420M
| – | – |
-141,100
| Closed | -$583K |
|
2841
Eaton
ETN
$141B
| – | – |
-29,011
| Closed | -$1.91M |
|
2842
iShares MSCI Mexico ETF
EWW
$1.89B
| – | – |
-24,300
| Closed | -$1.59M |
|
2843
Expeditors International
EXPD
$22.3B
| – | – |
-1,348,816
| Closed | -$51.3M |
|
2844
FTI Consulting
FCN
$5.14B
| – | – |
-62,000
| Closed | -$2.04M |
|
2845
F5
FFIV
$22B
| – | – |
-450,774
| Closed | -$31M |
|
2846
Franco-Nevada
FNV
$41.3B
| – | – |
-95,700
| Closed | -$3.42M |
|
2847
Fossil Group
FOSL
$260M
| – | – |
-309,600
| Closed | -$32M |
|
2848
Frontline
FRO
$8.71B
| – | – |
-178,612
| Closed | -$1.58M |
|
2849
First Solar
FSLR
$21.4B
| – | – |
-212,800
| Closed | -$9.54M |
|
2850
Flotek Industries
FTK
$789M
| – | – |
-4,365
| Closed | -$470K |
|
Similar funds
Renaissance Technologies's Q3 2013 Portfolio in Review
As of Q3 2013, Renaissance Technologies held 3,196 positions worth $41.2B, up 8.1% from $38.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q3 2013 filing shows 439 new, 1,284 increased, 1,031 reduced and 412 closed positions. Its largest new stake was GE Aerospace: 1,361,721 shares worth $156M. The largest sale was Apple, an estimated $283M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q3 2013 buy was GE Aerospace: 1,361,721 shares worth $156M.
- Renaissance Technologies added most to IBM in Q3 2013, an estimated $328M increase.
- Renaissance Technologies's biggest Q3 2013 reduction was Eli Lilly, cutting an estimated $211M.
- Renaissance Technologies fully exited Apple in Q3 2013, selling an estimated $283M.
- Renaissance Technologies's ten largest holdings make up 11% of its $41.2B portfolio in Q3 2013.
- Renaissance Technologies opened 439 new positions and closed 412 in Q3 2013.
- Renaissance Technologies's portfolio value rose 8.1% quarter-over-quarter to $41.2B.
Based on Renaissance Technologies's 13F filing for Q3 2013, filed 13 Nov 2013.