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 | |
|---|---|---|---|---|---|---|
576
Bank of Montreal
BMO
$127B
| $15.9M | 0.04% |
237,995
+189,500
| +391% | +$12.9M |
|
|
BRSL
577
Brightstar Lottery PLC
BRSL
$1.92B
| $15.8M | 0.04% |
872,400
+248,100
| +40% | +$4.48M |
|
578
Agilent Technologies
A
$39.7B
| $15.8M | 0.04% |
+386,827
| New | +$14.7M |
|
579
Ball Corp
BALL
$17.8B
| $15.8M | 0.04% |
+611,800
| New | +$14.9M |
|
|
MBT
580
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $15.8M | 0.04% |
+729,550
| New | +$16M |
|
|
NGLS
581
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $15.7M | 0.04% |
300,366
+24,966
| +9% | +$1.27M |
|
|
MITL
582
DELISTED
Mitel Networks Corporation
MITL
| $15.6M | 0.04% |
1,544,700
+1,169,896
| +312% | +$8.83M |
|
583
Trinity Industries
TRN
$3.03B
| $15.6M | 0.04% |
+793,813
| New | +$14.4M |
|
|
EPB
584
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
| $15.6M | 0.04% |
432,600
+149,400
| +53% | +$5.87M |
|
|
CSE
585
DELISTED
CAPITALSOURCE INC
CSE
| $15.6M | 0.04% |
1,082,528
-1,288,100
| -54% | -$17.3M |
|
|
ORBK
586
DELISTED
Orbotech Ltd
ORBK
| $15.5M | 0.04% |
1,145,300
+133,367
| +13% | +$1.7M |
|
587
Interactive Brokers
IBKR
$40.5B
| $15.5M | 0.04% |
2,539,200
+763,600
| +43% | +$4.27M |
|
|
VTLE
588
DELISTED
Vital Energy
VTLE
| $15.4M | 0.04% |
27,855
+19,220
| +223% | +$11.3M |
|
|
MOVE
589
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $15.4M | 0.04% |
963,775
-44,000
| -4% | -$718K |
|
|
QVCGA
590
DELISTED
QVC Group Inc Series A
QVCGA
| $15.4M | 0.04% |
12,785
-22,274
| -64% | -$24.8M |
|
|
BCPC
591
Balchem Corp
BCPC
$5.33B
| $15.4M | 0.04% |
261,800
+18,500
| +8% | +$1.04M |
|
592
Loews
L
$24.6B
| $15.3M | 0.04% |
317,300
-422,000
| -57% | -$20.2M |
|
|
BIN
593
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $15.3M | 0.04% |
617,981
+214,100
| +53% | +$5.53M |
|
|
TIF
594
DELISTED
Tiffany & Co.
TIF
| $15.2M | 0.04% |
+164,300
| New | +$13.6M |
|
|
WCN
595
Waste Connections
WCN
$42.7B
| $15.2M | 0.04% |
+523,407
| New | +$15.3M |
|
|
CVC
596
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $15.2M | 0.04% |
848,600
-295,700
| -26% | -$4.78M |
|
597
Hilltop Holdings
HTH
$2.28B
| $15.2M | 0.04% |
657,489
+162,648
| +33% | +$3.31M |
|
598
LXP Industrial Trust
LXP
$3.53B
| $15.2M | 0.04% |
297,076
+268,760
| +949% | +$14.7M |
|
599
Anika Therapeutics
ANIK
$202M
| $15.1M | 0.04% |
396,800
-5,300
| -1% | -$164K |
|
600
Community Health Systems
CYH
$393M
| $15.1M | 0.04% |
465,608
-93,049
| -17% | -$3.2M |
|
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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.