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
|
+$230M |
| 2 |
Johnson & Johnson
JNJ
|
+$205M |
| 3 |
Bank of America
BAC
|
+$163M |
| 4 |
Costco
COST
|
+$162M |
| 5 |
GSK
GSK
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$396M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$219M |
| 3 |
GE Aerospace
GE
|
+$156M |
| 4 |
Walt Disney
DIS
|
+$154M |
| 5 |
Amazon
AMZN
|
+$138M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.36% |
| 2 | Healthcare | 13.06% |
| 3 | Consumer Discretionary | 12.03% |
| 4 | Consumer Staples | 11.17% |
| 5 | Industrials | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Molina Healthcare
MOH
$10.5B
| $16.7M | 0.04% |
479,277
-984,023
| -67% | -$33.2M |
|
552
NextEra Energy
NEE
$186B
| $16.6M | 0.04% |
777,600
+643,200
| +479% | +$13.6M |
|
553
Watsco Inc
WSO
$15.1B
| $16.6M | 0.04% |
173,100
+168,300
| +3,506% | +$16M |
|
|
CTRA
554
DELISTED
Coterra Energy
CTRA
| $16.6M | 0.04% |
428,900
-2,141,600
| -83% | -$76.4M |
|
|
RJET
555
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $16.6M | 0.04% |
1,551,800
-218,600
| -12% | -$2.37M |
|
|
XLS
556
DELISTED
EXELIS INC COM STK
XLS
| $16.6M | 0.04% |
930,806
-69,615
| -7% | -$1.11M |
|
557
IDT Corp
IDT
$1.69B
| $16.5M | 0.04% |
1,310,833
+95,158
| +8% | +$1.34M |
|
558
Royal Gold
RGLD
$16.6B
| $16.5M | 0.04% |
357,983
-287,826
| -45% | -$13.6M |
|
559
Brookfield
BN
$104B
| $16.4M | 0.04% |
1,803,797
+1,488,784
| +473% | +$13.5M |
|
|
ECOL
560
DELISTED
US Ecology, Inc.
ECOL
| $16.4M | 0.04% |
441,253
+120,300
| +37% | +$4.16M |
|
|
BKW
561
DELISTED
BURGER KING WORLDWIDE
BKW
| $16.3M | 0.04% |
713,900
+360,800
| +102% | +$7.44M |
|
|
EFII
562
DELISTED
Electronics for Imaging
EFII
| $16.3M | 0.04% |
420,559
-111,100
| -21% | -$4.04M |
|
563
Kimco Realty
KIM
$17.7B
| $16.3M | 0.04% |
824,595
+171,300
| +26% | +$3.54M |
|
564
Park Aerospace
PKE
$747M
| $16.3M | 0.04% |
565,800
-21,700
| -4% | -$615K |
|
565
Cincinnati Financial
CINF
$28.3B
| $16.2M | 0.04% |
310,100
-158,500
| -34% | -$8.01M |
|
566
Seaboard Corp
SEB
$4.36B
| $16.2M | 0.04% |
5,798
-232
| -4% | -$642K |
|
567
Boston Properties
BXP
$11.2B
| $16.2M | 0.04% |
+161,200
| New | +$16.7M |
|
|
BWLD
568
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $16.1M | 0.04% |
109,600
+45,600
| +71% | +$6.27M |
|
569
Cooper Companies
COO
$14.1B
| $16M | 0.04% |
517,992
+391,592
| +310% | +$12.5M |
|
|
KATE
570
DELISTED
Kate Spade & Company
KATE
| $16M | 0.04% |
499,900
+117,000
| +31% | +$3.45M |
|
571
Expeditors International
EXPD
$22.4B
| $16M | 0.04% |
+361,716
| New | +$15.8M |
|
|
CQB
572
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $16M | 0.04% |
1,364,500
-81,000
| -6% | -$893K |
|
|
AE
573
DELISTED
Adams Resources & Energy Inc
AE
| $15.9M | 0.04% |
232,700
+2,300
| +1% | +$129K |
|
574
Skyworks Solutions
SWKS
$9.73B
| $15.9M | 0.04% |
+557,983
| New | +$14.6M |
|
|
MTSC
575
DELISTED
MTS Systems Corp
MTSC
| $15.9M | 0.04% |
224,000
+40,100
| +22% | +$2.65M |
|
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Renaissance Technologies's Q4 2013 Portfolio in Review
As of Q4 2013, Renaissance Technologies held 3,281 positions worth $41.8B, up 1.3% from $41.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $2.31B in Q4 2013, closing 464 positions and reducing 983 holdings. Its most notable exit was GE Aerospace, an estimated $156M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Pfizer worth $230M.
- Renaissance Technologies's largest Q4 2013 buy was Pfizer: 7,904,832 shares worth $230M.
- Renaissance Technologies added most to Johnson & Johnson in Q4 2013, an estimated $205M increase.
- Renaissance Technologies's biggest Q4 2013 reduction was IBM, cutting an estimated $396M.
- Renaissance Technologies fully exited GE Aerospace in Q4 2013, selling an estimated $156M.
- Renaissance Technologies's ten largest holdings make up 11% of its $41.8B portfolio in Q4 2013.
- Renaissance Technologies opened 498 new positions and closed 464 in Q4 2013.
- Renaissance Technologies's portfolio value rose 1.3% quarter-over-quarter to $41.8B.
Based on Renaissance Technologies's 13F filing for Q4 2013, filed 14 Feb 2014.