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 | |
|---|---|---|---|---|---|---|
1201
Comfort Systems
FIX
$53.5B
| $4.89M | 0.01% |
252,400
+219,000
| +656% | +$4.14M |
|
1202
Fidelity National Financial
FNF
$14.4B
| $4.89M | 0.01% |
263,957
-716,199
| -73% | -$11.6M |
|
1203
Adeia
ADEA
$2.55B
| $4.87M | 0.01% |
934,794
-2,217,726
| -70% | -$11.3M |
|
1204
Natural Resource Partners
NRP
$1.31B
| $4.87M | 0.01% |
24,427
-7,676
| -24% | -$1.53M |
|
|
BELFB
1205
Bel Fuse Inc Class B
BELFB
$3.45B
| $4.86M | 0.01% |
227,817
+30,200
| +15% | +$613K |
|
|
INTX
1206
DELISTED
Intersections, Inc.
INTX
| $4.85M | 0.01% |
623,000
+26,900
| +5% | +$224K |
|
1207
Agnico Eagle Mines
AEM
$72.2B
| $4.85M | 0.01% |
+183,927
| New | +$4.94M |
|
|
PAMT
1208
PAMT Corp
PAMT
$360M
| $4.85M | 0.01% |
936,400
+183,600
| +24% | +$851K |
|
1209
Brady Corp
BRC
$4.46B
| $4.84M | 0.01% |
+156,600
| New | +$4.65M |
|
1210
Coeur Mining
CDE
$15.1B
| $4.83M | 0.01% |
444,789
-78,872
| -15% | -$889K |
|
1211
TTEC Holdings
TTEC
$124M
| $4.82M | 0.01% |
201,222
+181,400
| +915% | +$4.57M |
|
1212
Dycom Industries
DY
$11.2B
| $4.81M | 0.01% |
173,100
+59,700
| +53% | +$1.71M |
|
|
WR
1213
DELISTED
Westar Energy Inc
WR
| $4.81M | 0.01% |
+149,500
| New | +$4.72M |
|
|
VRE
1214
DELISTED
Veris Residential
VRE
| $4.8M | 0.01% |
223,500
-27,600
| -11% | -$579K |
|
|
OIIM
1215
DELISTED
02Micro International
OIIM
| $4.78M | 0.01% |
1,712,800
+14,400
| +0.8% | +$42.2K |
|
1216
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $4.77M | 0.01% |
107,800
+57,400
| +114% | +$2.47M |
|
|
FRNK
1217
DELISTED
FRANKLIN FINL CORP VA COM STK (VA)
FRNK
| $4.76M | 0.01% |
240,500
+19,970
| +9% | +$387K |
|
1218
AMN Healthcare
AMN
$1.35B
| $4.75M | 0.01% |
323,200
-30,500
| -9% | -$413K |
|
1219
United Airlines
UAL
$38.8B
| $4.74M | 0.01% |
+125,363
| New | +$4.39M |
|
|
HRG
1220
DELISTED
HRG Group, Inc.
HRG
| $4.74M | 0.01% |
399,900
+130,800
| +49% | +$1.44M |
|
|
WPZ
1221
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $4.73M | 0.01% |
+98,677
| New | +$4.73M |
|
|
NPBC
1222
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $4.71M | 0.01% |
416,042
+100,422
| +32% | +$1.07M |
|
1223
Norwegian Cruise Line
NCLH
$9.53B
| $4.71M | 0.01% |
+132,800
| New | +$4.31M |
|
|
GTAT
1224
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $4.7M | 0.01% |
+539,397
| New | +$4.79M |
|
|
EEQ
1225
DELISTED
Enbridge Energy Management Llc
EEQ
| $4.69M | 0.01% |
252,914
+211,799
| +515% | +$3.86M |
|
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.