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 | |
|---|---|---|---|---|---|---|
951
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
| $7.58M | 0.02% |
395,284
-507,717
| -56% | -$9.34M |
|
|
ICON
952
DELISTED
Iconix Brand Group, Inc.
ICON
| $7.57M | 0.02% |
+19,058
| New | +$7.01M |
|
953
Infosys
INFY
$51.2B
| $7.54M | 0.02% |
1,065,600
-5,804,800
| -84% | -$39.1M |
|
|
AF
954
DELISTED
Astoria Financial Corporation
AF
| $7.51M | 0.02% |
543,050
+219,900
| +68% | +$2.94M |
|
|
OKS
955
DELISTED
Oneok Partners LP
OKS
| $7.51M | 0.02% |
142,600
+131,500
| +1,185% | +$6.93M |
|
956
ON Semiconductor
ON
$30.7B
| $7.51M | 0.02% |
+910,896
| New | +$6.64M |
|
957
Pilgrim's Pride
PPC
$7.13B
| $7.41M | 0.02% |
+456,013
| New | +$7.15M |
|
|
ISIL
958
DELISTED
Intersil Corp
ISIL
| $7.4M | 0.02% |
645,238
+233,400
| +57% | +$2.54M |
|
|
OWW
959
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $7.4M | 0.02% |
1,030,100
+283,800
| +38% | +$2.22M |
|
|
DRE
960
DELISTED
Duke Realty Corp.
DRE
| $7.39M | 0.02% |
+491,500
| New | +$7.67M |
|
|
PXD
961
DELISTED
Pioneer Natural Resource Co.
PXD
| $7.38M | 0.02% |
+40,088
| New | +$7.72M |
|
|
LONG
962
DELISTED
ELONG, INC. AMERICAN DEPOSITARY SHARES
LONG
| $7.37M | 0.02% |
360,000
-3,600
| -1% | -$71.5K |
|
963
McKesson
MCK
$104B
| $7.33M | 0.02% |
45,400
-516,600
| -92% | -$79.3M |
|
|
SSRI
964
DELISTED
Silver Standard Resources
SSRI
| $7.32M | 0.02% |
1,051,083
-259,500
| -20% | -$1.57M |
|
|
ACOR
965
DELISTED
Acorda Therapeutics
ACOR
| $7.31M | 0.02% |
+2,087
| New | +$8.14M |
|
966
BOK Financial
BOKF
$8.58B
| $7.3M | 0.02% |
110,042
-12,300
| -10% | -$778K |
|
|
HSNI
967
DELISTED
HSN, Inc.
HSNI
| $7.28M | 0.02% |
116,800
+112,400
| +2,555% | +$6.36M |
|
|
PRCP
968
DELISTED
Perceptron Inc
PRCP
| $7.25M | 0.02% |
522,600
+69,175
| +15% | +$812K |
|
969
Power Integrations
POWI
$3.15B
| $7.25M | 0.02% |
259,600
+203,200
| +360% | +$5.49M |
|
970
Hexcel
HXL
$7.97B
| $7.24M | 0.02% |
162,000
-197,100
| -55% | -$8.33M |
|
|
NBL
971
DELISTED
Noble Energy, Inc.
NBL
| $7.24M | 0.02% |
+106,300
| New | +$7.53M |
|
972
National CineMedia
NCMI
$378M
| $7.22M | 0.02% |
36,180
-390
| -1% | -$72.6K |
|
973
Argan
AGX
$6.9B
| $7.2M | 0.02% |
261,400
-31,900
| -11% | -$746K |
|
974
Sally Beauty Holdings
SBH
$1.47B
| $7.2M | 0.02% |
238,100
-228,400
| -49% | -$6.25M |
|
|
PFSW
975
DELISTED
PFSweb, Inc.
PFSW
| $7.2M | 0.02% |
793,539
+44,086
| +6% | +$340K |
|
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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.