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 | |
|---|---|---|---|---|---|---|
|
ENV
1051
DELISTED
ENVESTNET, INC.
ENV
| $6.36M | 0.02% |
157,700
-50,500
| -24% | -$1.84M |
|
1052
Sunstone Hotel Investors
SHO
$2.19B
| $6.33M | 0.02% |
+472,619
| New | +$6.22M |
|
1053
MSCI
MSCI
$42.4B
| $6.31M | 0.02% |
144,421
-35,300
| -20% | -$1.49M |
|
|
CUTR
1054
DELISTED
Cutera, Inc.
CUTR
| $6.31M | 0.02% |
620,200
-9,500
| -2% | -$89.3K |
|
|
VIVO
1055
DELISTED
Meridian Bioscience Inc
VIVO
| $6.3M | 0.02% |
237,495
+96,519
| +68% | +$2.37M |
|
1056
Brookfield Infrastructure Partners
BIP
$19.6B
| $6.28M | 0.02% |
403,775
+38,879
| +11% | +$594K |
|
|
VASC
1057
DELISTED
Vascular Solutions Inc
VASC
| $6.28M | 0.02% |
271,100
+36,300
| +15% | +$711K |
|
|
CEC
1058
DELISTED
CEC ENTERTAINMENT INC
CEC
| $6.24M | 0.01% |
140,900
-29,600
| -17% | -$1.34M |
|
|
LCI
1059
DELISTED
Lannett Company, Inc.
LCI
| $6.24M | 0.01% |
47,100
-2,475
| -5% | -$262K |
|
1060
Landstar System
LSTR
$6.03B
| $6.22M | 0.01% |
108,240
-138,300
| -56% | -$7.74M |
|
|
LDL
1061
DELISTED
Lydall, Inc.
LDL
| $6.22M | 0.01% |
352,900
+18,000
| +5% | +$310K |
|
|
AUTO
1062
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $6.2M | 0.01% |
409,580
+81,400
| +25% | +$847K |
|
1063
The Greenbrier Companies
GBX
$1.57B
| $6.19M | 0.01% |
+188,361
| New | +$5.54M |
|
|
TIVO
1064
DELISTED
TIVO INC
TIVO
| $6.18M | 0.01% |
470,990
-104,900
| -18% | -$1.36M |
|
|
EGL
1065
DELISTED
Engility Holdings, Inc.
EGL
| $6.18M | 0.01% |
+184,900
| New | +$5.81M |
|
|
BMS
1066
DELISTED
Bemis
BMS
| $6.17M | 0.01% |
150,700
-96,300
| -39% | -$3.79M |
|
|
BBQ
1067
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $6.16M | 0.01% |
336,600
+18,900
| +6% | +$354K |
|
|
NIHD
1068
DELISTED
NII HOLDINGS INC CL B
NIHD
| $6.15M | 0.01% |
2,237,900
+1,144,910
| +105% | +$4.22M |
|
|
MDAS
1069
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $6.14M | 0.01% |
309,800
+77,500
| +33% | +$1.74M |
|
1070
Graco
GGG
$13.2B
| $6.13M | 0.01% |
235,500
+83,100
| +55% | +$2.12M |
|
|
AEL
1071
DELISTED
American Equity Investment Life Holding Company
AEL
| $6.13M | 0.01% |
232,400
-76,000
| -25% | -$1.73M |
|
|
SF
1072
Stifel
SF
$12.4B
| $6.13M | 0.01% |
+287,723
| New | +$5.52M |
|
1073
Mohawk Industries
MHK
$6.91B
| $6.12M | 0.01% |
41,100
-137,800
| -77% | -$18.8M |
|
1074
Fortinet
FTNT
$112B
| $6.11M | 0.01% |
+1,596,130
| New | +$6.22M |
|
|
SINA
1075
DELISTED
Sina Corp
SINA
| $6.1M | 0.01% |
+72,400
| New | +$5.92M |
|
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.