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 | |
|---|---|---|---|---|---|---|
|
KND
851
DELISTED
Kindred Healthcare
KND
| $10.6M | 0.03% |
582,111
-116,347
| -17% | -$2.3M |
|
852
Lam Research
LRCX
$337B
| $10.6M | 0.03% |
1,333,800
+238,240
| +22% | +$1.85M |
|
|
HPP
853
Hudson Pacific Properties
HPP
$765M
| $10.6M | 0.03% |
50,257
+42,086
| +515% | +$8.14M |
|
|
IRC
854
DELISTED
INLAND REAL ESTATE CORP
IRC
| $10.6M | 0.03% |
965,300
+482,400
| +100% | +$5.11M |
|
855
Beazer Homes USA
BZH
$913M
| $10.6M | 0.03% |
545,280
+283,500
| +108% | +$5.19M |
|
|
VASC
856
DELISTED
Vascular Solutions Inc
VASC
| $10.5M | 0.03% |
387,300
+35,300
| +10% | +$958K |
|
857
Zillow
ZG
$7.74B
| $10.5M | 0.03% |
297,600
-398,100
| -57% | -$14.6M |
|
|
WBC
858
DELISTED
WABCO HOLDINGS INC.
WBC
| $10.5M | 0.03% |
100,100
+30,700
| +44% | +$3.04M |
|
|
IPHI
859
DELISTED
INPHI CORPORATION
IPHI
| $10.4M | 0.03% |
563,436
+99,836
| +22% | +$1.46M |
|
860
3D Systems Corp
DDD
$412M
| $10.4M | 0.03% |
+316,350
| New | +$11.4M |
|
861
Avnet
AVT
$7.07B
| $10.4M | 0.03% |
240,900
+133,100
| +123% | +$5.64M |
|
|
CPN
862
DELISTED
Calpine Corporation
CPN
| $10.4M | 0.03% |
+468,300
| New | +$10.4M |
|
|
GAS
863
DELISTED
AGL Resources Inc
GAS
| $10.4M | 0.03% |
189,961
-3,500
| -2% | -$185K |
|
864
Medifast
MED
$108M
| $10.3M | 0.02% |
307,800
+71,600
| +30% | +$2.23M |
|
|
ADT
865
DELISTED
ADT Corp
ADT
| $10.3M | 0.02% |
284,500
+245,600
| +631% | +$8.45M |
|
866
Valmont Industries
VMI
$9.33B
| $10.3M | 0.02% |
81,000
+41,500
| +105% | +$5.54M |
|
867
Caleres
CAL
$447M
| $10.3M | 0.02% |
319,950
-69,150
| -18% | -$2.01M |
|
|
DMC
868
Del Monte Corp
DMC
$1.37B
| $10.3M | 0.02% |
306,600
+229,900
| +300% | +$7.49M |
|
869
Mercantile Bank Corp
MBWM
$1.04B
| $10.3M | 0.02% |
489,015
+2,400
| +0.5% | +$47.6K |
|
870
Clean Harbors
CLH
$16B
| $10.3M | 0.02% |
213,502
+169,500
| +385% | +$8.26M |
|
871
Gaming and Leisure Properties
GLPI
$13B
| $10.3M | 0.02% |
349,556
+54,800
| +19% | +$1.69M |
|
872
Prudential Financial
PRU
$43B
| $10.2M | 0.02% |
+113,059
| New | +$9.71M |
|
|
WPX
873
DELISTED
WPX Energy, Inc.
WPX
| $10.2M | 0.02% |
876,547
-580,753
| -40% | -$9.27M |
|
|
RNET
874
DELISTED
RigNet, Inc.
RNET
| $10.2M | 0.02% |
248,300
-88,400
| -26% | -$3.64M |
|
875
Aecom
ACM
$9.57B
| $10.1M | 0.02% |
333,577
-61,223
| -16% | -$1.91M |
|
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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.