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 | |
|---|---|---|---|---|---|---|
976
Artisan Partners
APAM
$2.86B
| $7.19M | 0.02% |
+110,300
| New | +$6.58M |
|
977
Strategy Inc
MSTR
$34.1B
| $7.18M | 0.02% |
578,000
+190,000
| +49% | +$2.24M |
|
|
ITG
978
DELISTED
Investment Technology Group Inc
ITG
| $7.17M | 0.02% |
348,500
-192,000
| -36% | -$3.46M |
|
|
GNC
979
DELISTED
GNC Holdings, Inc.
GNC
| $7.16M | 0.02% |
122,500
-197,600
| -62% | -$11.4M |
|
980
Revvity
RVTY
$12.6B
| $7.12M | 0.02% |
172,600
+110,400
| +177% | +$4.22M |
|
|
RNF
981
DELISTED
RENTECH NITROGEN PARTNERS, L.P. INT
RNF
| $7.11M | 0.02% |
404,000
+100,890
| +33% | +$2.19M |
|
|
NUTR
982
DELISTED
Nutraceutical International Co
NUTR
| $7.1M | 0.02% |
265,200
+34,223
| +15% | +$849K |
|
|
TCP
983
DELISTED
TC Pipelines LP
TCP
| $7.06M | 0.02% |
145,800
+59,900
| +70% | +$2.88M |
|
984
Pegasystems
PEGA
$5.09B
| $7.04M | 0.02% |
572,248
-48,800
| -8% | -$535K |
|
|
PRGX
985
DELISTED
PRGX Global, Inc.
PRGX
| $7.03M | 0.02% |
1,046,599
-16,896
| -2% | -$112K |
|
986
Calix
CALX
$2.24B
| $7.03M | 0.02% |
728,818
+280,700
| +63% | +$3M |
|
987
Federal Realty Investment Trust
FRT
$10.9B
| $6.99M | 0.02% |
68,900
-66,200
| -49% | -$6.9M |
|
|
PVA
988
DELISTED
PENN VIRGINIA CORP
PVA
| $6.98M | 0.02% |
+739,800
| New | +$6.7M |
|
989
CarMax
KMX
$8.39B
| $6.96M | 0.02% |
148,100
-274,000
| -65% | -$13.4M |
|
|
CAJ
990
DELISTED
Canon, Inc.
CAJ
| $6.96M | 0.02% |
217,600
-114,600
| -34% | -$3.67M |
|
|
KBAL
991
DELISTED
Kimball International
KBAL
| $6.96M | 0.02% |
593,359
+108,372
| +22% | +$1.09M |
|
|
UCB
992
United Community Banks
UCB
$4.26B
| $6.96M | 0.02% |
392,104
+259,100
| +195% | +$4.29M |
|
993
KKR & Co
KKR
$89.1B
| $6.93M | 0.02% |
284,900
-1,364,000
| -83% | -$31.4M |
|
994
Insulet
PODD
$11.8B
| $6.92M | 0.02% |
186,500
-6,000
| -3% | -$222K |
|
|
CCG
995
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $6.92M | 0.02% |
735,200
+420,396
| +134% | +$4.13M |
|
|
AMSG
996
DELISTED
Amsurg Corp
AMSG
| $6.91M | 0.02% |
150,500
+17,400
| +13% | +$769K |
|
|
ZLTQ
997
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $6.89M | 0.02% |
+364,357
| New | +$5.21M |
|
|
JKS
998
JinkoSolar
JKS
$764M
| $6.87M | 0.02% |
+234,400
| New | +$6.3M |
|
999
Washington Trust Bancorp
WASH
$748M
| $6.87M | 0.02% |
184,500
+27,732
| +18% | +$951K |
|
1000
Invesco Mortgage Capital
IVR
$759M
| $6.85M | 0.02% |
46,660
-3,570
| -7% | -$542K |
|
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.