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 |
PepsiCo
PEP
|
+$228M |
| 2 |
General Dynamics
GD
|
+$195M |
| 3 |
Apple
AAPL
|
+$191M |
| 4 |
SWY
SAFEWAY INC
SWY
|
+$180M |
| 5 |
LVLT
Level 3 Communications Inc
LVLT
|
+$175M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTC
TW TELECOM INC CL A COM
TWTC
|
+$380M |
| 2 |
McDonald's
MCD
|
+$284M |
| 3 |
Meta Platforms (Facebook)
META
|
+$181M |
| 4 |
ExxonMobil
XOM
|
+$153M |
| 5 |
TJX Companies
TJX
|
+$148M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Consumer Staples | 12.92% |
| 3 | Healthcare | 12.48% |
| 4 | Industrials | 11.29% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AHT
326
Ashford Hospitality Trust
AHT
$20.9M
| $28.9M | 0.07% |
2,790
+258
| +10% | +$2.6M |
|
327
BorgWarner
BWA
$12.8B
| $28.9M | 0.07% |
597,082
+38,170
| +7% | +$1.86M |
|
|
SWI
328
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $28.8M | 0.07% |
578,600
+143,700
| +33% | +$6.84M |
|
|
BERY
329
DELISTED
Berry Global Group, Inc.
BERY
| $28.7M | 0.07% |
991,099
+629,660
| +174% | +$15.8M |
|
|
GXP
330
DELISTED
Great Plains Energy Incorporated
GXP
| $28.7M | 0.07% |
1,009,815
+732,300
| +264% | +$19.3M |
|
331
Radian Group
RDN
$5.24B
| $28.7M | 0.07% |
+1,715,800
| New | +$27.7M |
|
332
RenaissanceRe
RNR
$13.9B
| $28.5M | 0.07% |
+293,100
| New | +$29.1M |
|
|
MBT
333
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $28.5M | 0.07% |
3,966,700
+3,345,300
| +538% | +$40.2M |
|
|
CEL
334
DELISTED
Cellcom Israel, Ltd.
CEL
| $28.4M | 0.07% |
3,284,200
+102,500
| +3% | +$1M |
|
|
GG
335
DELISTED
Goldcorp Inc
GG
| $28.3M | 0.07% |
1,527,051
+1,020,400
| +201% | +$20.9M |
|
|
SRC
336
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $28.3M | 0.07% |
529,915
+262,739
| +98% | +$13.7M |
|
|
ALXN
337
DELISTED
Alexion Pharmaceuticals
ALXN
| $28.2M | 0.07% |
152,552
-53,600
| -26% | -$9.93M |
|
|
PRE
338
DELISTED
PARTNERRE LTD
PRE
| $28.2M | 0.07% |
247,200
+178,000
| +257% | +$20.3M |
|
339
Delta Air Lines
DAL
$57B
| $28.2M | 0.07% |
573,200
-1,157,400
| -67% | -$48.7M |
|
340
HCA Healthcare
HCA
$89.6B
| $28.1M | 0.07% |
+382,900
| New | +$26.9M |
|
341
Kohl's
KSS
$2.18B
| $28.1M | 0.07% |
459,900
+268,000
| +140% | +$15.5M |
|
|
SNI
342
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $28.1M | 0.07% |
372,700
-333,400
| -47% | -$25.5M |
|
|
OVTI
343
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $28M | 0.07% |
1,077,340
+408,800
| +61% | +$10.8M |
|
344
American Airlines Group
AAL
$9.8B
| $28M | 0.07% |
522,232
-224,658
| -30% | -$9.68M |
|
345
Zoetis
ZTS
$32.9B
| $28M | 0.07% |
+650,500
| New | +$26.4M |
|
346
KeyCorp
KEY
$24.2B
| $28M | 0.07% |
2,011,263
+1,099,700
| +121% | +$14.6M |
|
|
GRT
347
DELISTED
GLIMCHER REALTY TRUST
GRT
| $27.9M | 0.07% |
2,031,000
+1,826,100
| +891% | +$25M |
|
348
Intuit
INTU
$86.7B
| $27.9M | 0.07% |
302,444
-309,404
| -51% | -$27.5M |
|
349
Dover
DOV
$27.6B
| $27.9M | 0.07% |
+481,087
| New | +$29.8M |
|
350
J.M. Smucker
SJM
$13.3B
| $27.8M | 0.07% |
275,703
-189,000
| -41% | -$19.1M |
|
Similar funds
Renaissance Technologies's Q4 2014 Portfolio in Review
As of Q4 2014, Renaissance Technologies held 3,351 positions worth $41.4B, up 13% from $36.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.19B of net new capital in Q4 2014, opening 590 new positions and adding to 1,468 existing holdings. Its largest new stake was General Dynamics: 1,436,400 shares worth $198M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Consumer Staples and Healthcare.
On the sell side, the largest reduction was McDonald's, an estimated $284M trimmed.
- Renaissance Technologies's largest Q4 2014 buy was General Dynamics: 1,436,400 shares worth $198M.
- Renaissance Technologies added most to PepsiCo in Q4 2014, an estimated $228M increase.
- Renaissance Technologies's biggest Q4 2014 reduction was McDonald's, cutting an estimated $284M.
- Renaissance Technologies fully exited TW TELECOM INC CL A COM in Q4 2014, selling an estimated $380M.
- Renaissance Technologies's ten largest holdings make up 11% of its $41.4B portfolio in Q4 2014.
- Renaissance Technologies opened 590 new positions and closed 412 in Q4 2014.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $41.4B.
Based on Renaissance Technologies's 13F filing for Q4 2014, filed 13 Feb 2015.