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 | |
|---|---|---|---|---|---|---|
1026
Westwood Holdings Group
WHG
$185M
| $6.66M | 0.02% |
107,500
+14,900
| +16% | +$812K |
|
1027
Ethan Allen Interiors
ETD
$600M
| $6.64M | 0.02% |
218,300
-5,200
| -2% | -$147K |
|
|
GPX
1028
DELISTED
GP Strategies Corp.
GPX
| $6.63M | 0.02% |
222,500
-31,000
| -12% | -$870K |
|
|
CST
1029
DELISTED
CST Brands, Inc.
CST
| $6.63M | 0.02% |
+180,500
| New | +$5.91M |
|
1030
Welltower
WELL
$173B
| $6.62M | 0.02% |
+123,563
| New | +$7.35M |
|
|
REGI
1031
DELISTED
Renewable Energy Group, Inc.
REGI
| $6.59M | 0.02% |
575,500
-205,100
| -26% | -$2.52M |
|
|
CKSW
1032
DELISTED
CLICKSOFTWARE TECH LTD
CKSW
| $6.58M | 0.02% |
878,010
-40,490
| -4% | -$283K |
|
|
BKMU
1033
DELISTED
Bank Mutual Corp
BKMU
| $6.58M | 0.02% |
938,152
+70,899
| +8% | +$464K |
|
|
SMI
1034
DELISTED
Semiconductor Manufacturing Intl
SMI
| $6.56M | 0.02% |
1,683,030
-75,541
| -4% | -$285K |
|
|
FST
1035
DELISTED
FOREST OIL CORPORATION
FST
| $6.54M | 0.02% |
1,810,495
+1,785,600
| +7,173% | +$8.09M |
|
1036
Federated Hermes
FHI
$4.56B
| $6.5M | 0.02% |
225,700
+187,100
| +485% | +$5.13M |
|
|
SCU
1037
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $6.49M | 0.02% |
43,870
+11,620
| +36% | +$1.53M |
|
|
SAPE
1038
DELISTED
SAPIENT CORP
SAPE
| $6.49M | 0.02% |
+373,747
| New | +$5.94M |
|
1039
Koppers
KOP
$946M
| $6.48M | 0.02% |
141,700
+33,000
| +30% | +$1.5M |
|
|
UPL
1040
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $6.47M | 0.02% |
298,810
-625,990
| -68% | -$12.8M |
|
|
SVA
1041
DELISTED
Sinovac Biotech, Ltd
SVA
| $6.46M | 0.02% |
1,054,996
+158,396
| +18% | +$954K |
|
|
IQNT
1042
DELISTED
Inteliquent, Inc.
IQNT
| $6.46M | 0.02% |
565,782
+11,800
| +2% | +$133K |
|
1043
Green Plains
GPRE
$1.15B
| $6.45M | 0.02% |
332,843
+303,600
| +1,038% | +$5.02M |
|
|
CNVR
1044
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $6.45M | 0.02% |
+275,795
| New | +$5.78M |
|
1045
GATX Corp
GATX
$6.45B
| $6.43M | 0.02% |
123,300
+69,500
| +129% | +$3.49M |
|
|
QUMU
1046
DELISTED
Qumu Corp.
QUMU
| $6.41M | 0.02% |
500,959
+37,159
| +8% | +$490K |
|
|
MITT
1047
TPG Mortgage Investment Trust
MITT
$228M
| $6.4M | 0.02% |
136,400
+109,300
| +403% | +$5.27M |
|
1048
Safe Bulkers
SB
$772M
| $6.39M | 0.02% |
614,600
+280,244
| +84% | +$2.23M |
|
|
CMA
1049
DELISTED
Comerica
CMA
| $6.37M | 0.02% |
133,947
-209,900
| -61% | -$9.22M |
|
|
OABC
1050
DELISTED
OMNIAMERICAN BANCORP INC COM STK (TX)
OABC
| $6.36M | 0.02% |
297,300
+47,107
| +19% | +$1.04M |
|
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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.