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 | |
|---|---|---|---|---|---|---|
|
BTM
1176
DELISTED
OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA)
BTM
| $5.19M | 0.01% |
3,263,565
-107,468
| -3% | -$171K |
|
1177
Western New England Bancorp
WNEB
$260M
| $5.19M | 0.01% |
695,129
-2,698
| -0.4% | -$19.7K |
|
|
SBNY
1178
DELISTED
Signature Bank
SBNY
| $5.19M | 0.01% |
48,274
-72,300
| -60% | -$7.39M |
|
|
AMRI
1179
DELISTED
Albany Molecular Research Inc
AMRI
| $5.17M | 0.01% |
512,600
-84,342
| -14% | -$1.02M |
|
1180
Genesis Energy
GEL
$1.82B
| $5.15M | 0.01% |
97,900
-38,500
| -28% | -$1.95M |
|
1181
RLJ Lodging Trust
RLJ
$1.88B
| $5.1M | 0.01% |
209,600
+182,100
| +662% | +$4.39M |
|
1182
Martin Midstream Partners
MMLP
$93.5M
| $5.08M | 0.01% |
118,620
+41,483
| +54% | +$1.88M |
|
|
SD
1183
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $5.07M | 0.01% |
+835,957
| New | +$5M |
|
|
CNW
1184
DELISTED
CON-WAY INC.
CNW
| $5.07M | 0.01% |
127,700
+36,900
| +41% | +$1.55M |
|
|
LDR
1185
DELISTED
Landauer Inc
LDR
| $5.05M | 0.01% |
96,072
-22,328
| -19% | -$1.13M |
|
|
SGEN
1186
DELISTED
Seagen Inc. Common Stock
SGEN
| $5.03M | 0.01% |
126,013
-213,200
| -63% | -$8.7M |
|
1187
TriMas Corp
TRS
$1.41B
| $5.01M | 0.01% |
157,503
+34,262
| +28% | +$1.04M |
|
1188
American Vanguard Corp
AVD
$68.7M
| $5M | 0.01% |
206,000
-158,400
| -43% | -$4.27M |
|
|
MRC
1189
DELISTED
MRC Global
MRC
| $5M | 0.01% |
155,000
-118,000
| -43% | -$3.55M |
|
|
EGN
1190
DELISTED
Energen
EGN
| $5M | 0.01% |
+70,600
| New | +$5.31M |
|
|
CAB
1191
DELISTED
Cabela's Inc
CAB
| $4.95M | 0.01% |
74,300
-46,900
| -39% | -$2.91M |
|
|
CVSA
1192
Covista Inc
CVSA
$4.55B
| $4.95M | 0.01% |
+139,300
| New | +$4.81M |
|
|
CSCD
1193
DELISTED
CASCADE MICROTECH, INC.
CSCD
| $4.94M | 0.01% |
529,700
+196,507
| +59% | +$2M |
|
1194
Global Ship Lease
GSL
$1.56B
| $4.93M | 0.01% |
102,650
+32,162
| +46% | +$1.38M |
|
1195
Illumina
ILMN
$29.5B
| $4.93M | 0.01% |
45,867
-123,463
| -73% | -$11.3M |
|
|
SEP
1196
DELISTED
Spectra Engy Parters Lp
SEP
| $4.93M | 0.01% |
108,800
-82,400
| -43% | -$3.61M |
|
1197
Motorcar Parts of America
MPAA
$266M
| $4.93M | 0.01% |
255,339
+130,139
| +104% | +$2.05M |
|
|
IIJI
1198
DELISTED
Internet Initiative Japan Inc
IIJI
| $4.9M | 0.01% |
366,800
+12,000
| +3% | +$168K |
|
1199
CACI
CACI
$10.8B
| $4.9M | 0.01% |
66,900
+29,200
| +77% | +$2.07M |
|
1200
News Corp Class B
NWS
$17.7B
| $4.9M | 0.01% |
+274,700
| New | +$4.79M |
|
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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.