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 | |
|---|---|---|---|---|---|---|
|
CTCM
1151
DELISTED
CTC MEDIA INC COM STK
CTCM
| $5.38M | 0.01% |
386,900
-181,100
| -32% | -$2.24M |
|
|
TFM
1152
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $5.37M | 0.01% |
132,600
-300,700
| -69% | -$14M |
|
1153
MDU Resources
MDU
$4.18B
| $5.37M | 0.01% |
461,939
-129,654
| -22% | -$1.46M |
|
|
OMG
1154
DELISTED
OM GROUP INC.
OMG
| $5.36M | 0.01% |
147,100
-125,100
| -46% | -$4.19M |
|
|
EQM
1155
DELISTED
EQM Midstream Partners, LP
EQM
| $5.34M | 0.01% |
90,900
-64,000
| -41% | -$3.4M |
|
1156
New York Times
NYT
$12.6B
| $5.33M | 0.01% |
336,000
-156,300
| -32% | -$2.13M |
|
1157
Ribbon Communications
RBBN
$386M
| $5.33M | 0.01% |
338,253
-9,336
| -3% | -$144K |
|
|
PKY
1158
DELISTED
Parkway, Inc.
PKY
| $5.33M | 0.01% |
276,061
+164,561
| +148% | +$2.95M |
|
|
RLOC
1159
DELISTED
REACHLOCAL INC COM STK (DE)
RLOC
| $5.32M | 0.01% |
418,800
+23,200
| +6% | +$288K |
|
|
EXFO
1160
DELISTED
EXFO INC.
EXFO
| $5.32M | 0.01% |
1,118,000
+7,500
| +0.7% | +$39.1K |
|
1161
First Interstate BancSystem
FIBK
$3.67B
| $5.32M | 0.01% |
187,400
+54,300
| +41% | +$1.41M |
|
1162
Camden Property Trust
CPT
$11.5B
| $5.29M | 0.01% |
+93,000
| New | +$5.66M |
|
|
EFOR
1163
Everforth Inc
EFOR
$960M
| $5.28M | 0.01% |
+151,294
| New | +$5.04M |
|
|
DGIT
1164
DELISTED
DIGITAL GENERATION INC COM STK (DE)
DGIT
| $5.28M | 0.01% |
414,200
-11,600
| -3% | -$143K |
|
|
FNGN
1165
DELISTED
Financial Engines, Inc.
FNGN
| $5.27M | 0.01% |
+75,900
| New | +$4.67M |
|
|
IPG
1166
DELISTED
Interpublic Group of Companies
IPG
| $5.27M | 0.01% |
+297,900
| New | +$5.02M |
|
|
BEAT
1167
DELISTED
BioTelemetry, Inc.
BEAT
| $5.27M | 0.01% |
664,000
-211,300
| -24% | -$1.97M |
|
1168
Constellium
CSTM
$3.76B
| $5.26M | 0.01% |
+226,000
| New | +$4.52M |
|
|
CYT
1169
DELISTED
CYTEC INDS INC
CYT
| $5.25M | 0.01% |
112,800
-475,200
| -81% | -$20.6M |
|
1170
PDF Solutions
PDFS
$1.72B
| $5.25M | 0.01% |
204,900
-15,800
| -7% | -$363K |
|
|
HITK
1171
DELISTED
HI-TECH PHARMACAL INC
HITK
| $5.25M | 0.01% |
121,000
+31,500
| +35% | +$1.36M |
|
|
MCRS
1172
DELISTED
MICROS SYSTEMS INC
MCRS
| $5.25M | 0.01% |
91,500
-437,300
| -83% | -$23.3M |
|
|
TUC
1173
DELISTED
MAC-GRAY CORP
TUC
| $5.22M | 0.01% |
246,001
+133,901
| +119% | +$2.7M |
|
1174
G-III Apparel Group
GIII
$1.54B
| $5.21M | 0.01% |
140,800
+24,606
| +21% | +$739K |
|
1175
Magnachip Semiconductor
MX
$110M
| $5.2M | 0.01% |
266,831
-148,800
| -36% | -$3M |
|
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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.