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 |
Pfizer
PFE
|
+$276M |
| 2 |
IBM
IBM
|
+$272M |
| 3 |
Procter & Gamble
PG
|
+$161M |
| 4 |
Colgate-Palmolive
CL
|
+$151M |
| 5 |
BBBY
Bed Bath & Beyond Inc
BBBY
|
+$146M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$405M |
| 2 |
CELG
Celgene Corp
CELG
|
+$207M |
| 3 |
Booking.com
BKNG
|
+$123M |
| 4 |
Eli Lilly
LLY
|
+$114M |
| 5 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.92% |
| 2 | Healthcare | 13.46% |
| 3 | Consumer Discretionary | 11.99% |
| 4 | Industrials | 10.52% |
| 5 | Consumer Staples | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
NRG Energy
NRG
$29.8B
| $23.1M | 0.05% |
622,316
-543,000
| -47% | -$18.7M |
|
402
U-Haul Holding Co
UHAL
$14B
| $23.1M | 0.05% |
795,000
-13,000
| -2% | -$344K |
|
|
HF
403
DELISTED
HFF Inc.
HF
| $23.1M | 0.05% |
621,100
+251,899
| +68% | +$8.38M |
|
404
IQVIA
IQV
$34.7B
| $23.1M | 0.05% |
433,100
-18,200
| -4% | -$919K |
|
|
DNY
405
DELISTED
DONNELLEY R R & SONS CO
DNY
| $23.1M | 0.05% |
1,360,409
+378,227
| +39% | +$6.41M |
|
406
Royal Bank of Canada
RY
$291B
| $23.1M | 0.05% |
322,919
-185,385
| -36% | -$12.6M |
|
|
HNT
407
DELISTED
HEALTH NET INC
HNT
| $22.9M | 0.05% |
+552,300
| New | +$20.6M |
|
|
KMR
408
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $22.9M | 0.05% |
300,049
-32,759
| -10% | -$2.33M |
|
|
RGC
409
DELISTED
Regal Entertainment Group
RGC
| $22.9M | 0.05% |
1,085,900
-175,800
| -14% | -$3.44M |
|
410
PetMed Express
PETS
$42.5M
| $22.9M | 0.05% |
1,695,407
-121,801
| -7% | -$1.61M |
|
411
Barrett Business Services
BBSI
$976M
| $22.7M | 0.05% |
1,931,992
+251,928
| +15% | +$3.19M |
|
412
Brookdale Senior Living
BKD
$3.62B
| $22.7M | 0.05% |
680,400
-814,765
| -54% | -$26.5M |
|
413
Exponent
EXPO
$2.98B
| $22.7M | 0.05% |
1,222,692
+232,692
| +24% | +$4.16M |
|
414
Huntsman Corp
HUN
$2.24B
| $22.6M | 0.05% |
804,521
-161,500
| -17% | -$4.23M |
|
|
WWAV
415
DELISTED
The WhiteWave Foods Company
WWAV
| $22.6M | 0.05% |
697,500
+314,920
| +82% | +$9.42M |
|
|
OUTR
416
DELISTED
OUTERWALL INC
OUTR
| $22.6M | 0.05% |
380,100
+108,586
| +40% | +$7.34M |
|
417
LiveRamp
RAMP
$2.29B
| $22.5M | 0.05% |
1,037,945
+539,403
| +108% | +$13.9M |
|
|
CALD
418
DELISTED
Callidus Software, Inc.
CALD
| $22.5M | 0.05% |
1,882,900
+541,300
| +40% | +$5.78M |
|
419
Goodyear
GT
$2.07B
| $22.4M | 0.05% |
805,600
-526,526
| -40% | -$13.7M |
|
420
Invesco Mortgage Capital
IVR
$776M
| $22.4M | 0.05% |
128,750
+54,296
| +73% | +$9.3M |
|
|
SPR
421
DELISTED
Spirit AeroSystems
SPR
| $22.3M | 0.05% |
663,100
+107,100
| +19% | +$3.38M |
|
422
United Therapeutics
UTHR
$26.3B
| $22.3M | 0.05% |
252,478
-35,462
| -12% | -$3.41M |
|
423
Williams-Sonoma
WSM
$26.7B
| $22.3M | 0.05% |
620,800
+128,152
| +26% | +$4.21M |
|
424
Unifirst Corp
UNF
$5.32B
| $22.1M | 0.05% |
208,505
+6,558
| +3% | +$647K |
|
425
Methanex
MEOH
$4.32B
| $22.1M | 0.05% |
357,398
+1,820
| +0.5% | +$112K |
|
Similar funds
Renaissance Technologies's Q2 2014 Portfolio in Review
As of Q2 2014, Renaissance Technologies held 3,246 positions worth $42.9B, up 2.9% from $41.7B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies's Q2 2014 filing shows 450 new, 1,273 increased, 1,008 reduced and 492 closed positions. Its largest new stake was Procter & Gamble: 2,001,729 shares worth $157M. The largest sale was Verizon, an estimated $405M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q2 2014 buy was Procter & Gamble: 2,001,729 shares worth $157M.
- Renaissance Technologies added most to Pfizer in Q2 2014, an estimated $276M increase.
- Renaissance Technologies's biggest Q2 2014 reduction was Verizon, cutting an estimated $405M.
- Renaissance Technologies fully exited Booking.com in Q2 2014, selling an estimated $123M.
- Renaissance Technologies's ten largest holdings make up 14% of its $42.9B portfolio in Q2 2014.
- Renaissance Technologies opened 450 new positions and closed 492 in Q2 2014.
- Renaissance Technologies's portfolio value rose 2.9% quarter-over-quarter to $42.9B.
Based on Renaissance Technologies's 13F filing for Q2 2014, filed 13 Aug 2014.