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 | |
|---|---|---|---|---|---|---|
626
Oil-Dri
ODC
$1.48B
| $14.4M | 0.03% |
760,450
+50,400
| +7% | +$918K |
|
627
Charter Communications
CHTR
$16.7B
| $14.4M | 0.03% |
+105,200
| New | +$14M |
|
|
ESL
628
DELISTED
Esterline Technologies
ESL
| $14.4M | 0.03% |
141,100
+58,300
| +70% | +$4.98M |
|
|
HCBK
629
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $14.4M | 0.03% |
1,523,368
-1,050,004
| -41% | -$9.63M |
|
630
Goodyear
GT
$2.12B
| $14.3M | 0.03% |
+601,500
| New | +$13.3M |
|
631
Ituran Location and Control
ITRN
$1.08B
| $14.3M | 0.03% |
662,614
+78,914
| +14% | +$1.53M |
|
632
NOV
NOV
$7.11B
| $14.3M | 0.03% |
+199,487
| New | +$14.5M |
|
|
WBMD
633
DELISTED
WebMD Health Corp.
WBMD
| $14.2M | 0.03% |
360,380
-13,700
| -4% | -$494K |
|
|
WRI
634
DELISTED
Weingarten Realty Investors
WRI
| $14.1M | 0.03% |
513,000
+102,900
| +25% | +$3.04M |
|
635
NCR Voyix
VYX
$1.19B
| $14M | 0.03% |
+671,397
| New | +$14.9M |
|
|
VRNT
636
DELISTED
Verint Systems
VRNT
| $14M | 0.03% |
641,312
+102,135
| +19% | +$1.99M |
|
|
FCE.A
637
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $14M | 0.03% |
734,400
-122,497
| -14% | -$2.38M |
|
|
BIRT
638
DELISTED
Actuate Corp
BIRT
| $13.9M | 0.03% |
1,802,100
+73,470
| +4% | +$564K |
|
639
Aptiv
APTV
$12.6B
| $13.9M | 0.03% |
+230,600
| New | +$13.3M |
|
|
IBA
640
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $13.8M | 0.03% |
343,600
+22,700
| +7% | +$915K |
|
641
Booz Allen Hamilton
BAH
$8.8B
| $13.8M | 0.03% |
720,794
+551,900
| +327% | +$10.1M |
|
|
THI
642
DELISTED
TIM HORTONS INC COM, CANADA
THI
| $13.7M | 0.03% |
234,700
+112,800
| +93% | +$6.64M |
|
643
Mitsubishi UFJ Financial
MUFG
$253B
| $13.7M | 0.03% |
2,046,521
+612,400
| +43% | +$3.93M |
|
644
Bunge Global
BG
$22.8B
| $13.6M | 0.03% |
+166,000
| New | +$13.4M |
|
|
LSI
645
DELISTED
LSI CORPORATION
LSI
| $13.6M | 0.03% |
+1,234,003
| New | +$10.5M |
|
|
HW
646
DELISTED
Headwaters Inc
HW
| $13.6M | 0.03% |
1,385,614
-525,000
| -27% | -$4.84M |
|
647
Post Holdings
POST
$4.27B
| $13.5M | 0.03% |
418,519
-58,523
| -12% | -$1.72M |
|
648
Steven Madden
SHOO
$3.22B
| $13.5M | 0.03% |
+553,017
| New | +$13.5M |
|
649
Beazer Homes USA
BZH
$913M
| $13.5M | 0.03% |
551,810
+417,600
| +311% | +$8.27M |
|
650
Banco de Chile
BCH
$20.4B
| $13.5M | 0.03% |
516,544
-16,162
| -3% | -$427K |
|
Similar funds
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.