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 | |
|---|---|---|---|---|---|---|
1276
Utah Medical Products
UTMD
$226M
| $4.31M | 0.01% |
75,400
+7,300
| +11% | +$400K |
|
|
EXAM
1277
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $4.3M | 0.01% |
+144,100
| New | +$4M |
|
|
XCRA
1278
DELISTED
Xcerra Corporation
XCRA
| $4.29M | 0.01% |
537,552
-149,948
| -22% | -$1.02M |
|
|
BOLT
1279
DELISTED
BOLT TECHNOLOGY CORPORATION
BOLT
| $4.29M | 0.01% |
194,800
+2,900
| +2% | +$56.3K |
|
|
AHT
1280
Ashford Hospitality Trust
AHT
$20.8M
| $4.29M | 0.01% |
555
+94
| +20% | +$740K |
|
|
MWIV
1281
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $4.28M | 0.01% |
25,200
+17,600
| +232% | +$2.92M |
|
1282
Carpenter Technology
CRS
$26.4B
| $4.27M | 0.01% |
68,700
-46,400
| -40% | -$2.81M |
|
1283
Associated Banc-Corp
ASB
$5.8B
| $4.26M | 0.01% |
245,079
-496,600
| -67% | -$8.27M |
|
|
LTC
1284
LTC Properties
LTC
$2.13B
| $4.25M | 0.01% |
120,100
-61,000
| -34% | -$2.31M |
|
1285
Rambus
RMBS
$8.95B
| $4.24M | 0.01% |
448,000
-197,600
| -31% | -$1.78M |
|
1286
Canadian National Railway
CNI
$78.5B
| $4.22M | 0.01% |
74,100
-530,300
| -88% | -$29.2M |
|
|
CCUR
1287
DELISTED
CCUR Holdings, Inc. Common Stock
CCUR
| $4.22M | 0.01% |
516,019
+56,100
| +12% | +$419K |
|
1288
Cedar Fair
FUN
$1.88B
| $4.21M | 0.01% |
84,950
+31,400
| +59% | +$1.46M |
|
1289
Powell Industries
POWL
$6.79B
| $4.21M | 0.01% |
188,523
+29,523
| +19% | +$637K |
|
|
CTB
1290
DELISTED
Cooper Tire & Rubber Co.
CTB
| $4.2M | 0.01% |
174,797
| – | – |
|
|
CIVI
1291
DELISTED
Civitas Resources
CIVI
| $4.2M | 0.01% |
865
+68
| +9% | +$365K |
|
|
ACRE
1292
Ares Commercial Real Estate
ACRE
$247M
| $4.19M | 0.01% |
320,172
+293,272
| +1,090% | +$3.77M |
|
|
WRES
1293
DELISTED
WARREN RESOURCES INC
WRES
| $4.19M | 0.01% |
1,335,023
+232,517
| +21% | +$726K |
|
1294
Nomura Holdings
NMR
$28.3B
| $4.19M | 0.01% |
539,400
-74,700
| -12% | -$570K |
|
|
ATHL
1295
DELISTED
ATHLON ENERGY INC COM
ATHL
| $4.19M | 0.01% |
+138,500
| New | +$4.39M |
|
1296
Mizuho Financial
MFG
$120B
| $4.18M | 0.01% |
959,800
-19,600
| -2% | -$82.8K |
|
|
NTK
1297
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $4.18M | 0.01% |
56,100
+4,003
| +8% | +$286K |
|
1298
CAE Inc. Common Shares
CAE
$8.44B
| $4.17M | 0.01% |
327,500
-189,400
| -37% | -$2.18M |
|
1299
STMicroelectronics
STM
$43.1B
| $4.17M | 0.01% |
521,324
-1,282,224
| -71% | -$10.3M |
|
|
AIMC
1300
DELISTED
Altra Industrial Motion Corp
AIMC
| $4.17M | 0.01% |
121,900
+46,600
| +62% | +$1.4M |
|
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.