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 |
VIAB
Viacom Inc. Class B
VIAB
|
+$109M |
| 2 |
Oracle
ORCL
|
+$107M |
| 3 |
ConocoPhillips
COP
|
+$105M |
| 4 |
Bank of America
BAC
|
+$100M |
| 5 |
Colgate-Palmolive
CL
|
+$93.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$518M |
| 2 |
Intel
INTC
|
+$486M |
| 3 |
IBM
IBM
|
+$306M |
| 4 |
Pfizer
PFE
|
+$286M |
| 5 |
United Parcel Service
UPS
|
+$209M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.53% |
| 2 | Healthcare | 12.29% |
| 3 | Consumer Staples | 10.94% |
| 4 | Consumer Discretionary | 10.57% |
| 5 | Industrials | 10.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
CNA Financial
CNA
$14.9B
| $3.82M | 0.01% |
100,400
+49,900
| +99% | +$1.93M |
|
|
AIRM
1302
DELISTED
Air Methods Corp
AIRM
| $3.82M | 0.01% |
68,700
+55,800
| +433% | +$3.07M |
|
1303
Evolution Petroleum
EPM
$133M
| $3.81M | 0.01% |
415,600
-4,000
| -1% | -$41.3K |
|
|
ETFC
1304
DELISTED
E*Trade Financial Corporation
ETFC
| $3.81M | 0.01% |
168,440
-83,500
| -33% | -$1.83M |
|
1305
Heartland Express
HTLD
$1.01B
| $3.8M | 0.01% |
158,633
-7,400
| -4% | -$171K |
|
1306
American Homes 4 Rent
AMH
$12.1B
| $3.8M | 0.01% |
224,800
-527,000
| -70% | -$9.42M |
|
|
MWW
1307
DELISTED
Monster Worldwide Inc
MWW
| $3.79M | 0.01% |
689,748
-661,227
| -49% | -$3.94M |
|
|
HPJ
1308
DELISTED
Highpower International Inc
HPJ
| $3.78M | 0.01% |
476,500
+129,400
| +37% | +$716K |
|
1309
IAMGOLD
IAG
$8.05B
| $3.78M | 0.01% |
1,369,796
-3,450,100
| -72% | -$12.7M |
|
1310
Smith & Wesson
SWBI
$649M
| $3.78M | 0.01% |
521,123
+147,606
| +40% | +$1.38M |
|
|
IIJI
1311
DELISTED
Internet Initiative Japan Inc
IIJI
| $3.78M | 0.01% |
379,900
+5,600
| +1% | +$61K |
|
|
EXAM
1312
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $3.78M | 0.01% |
115,300
-246,300
| -68% | -$8.09M |
|
|
CVGW
1313
DELISTED
Calavo Growers
CVGW
| $3.77M | 0.01% |
83,500
+24,900
| +42% | +$945K |
|
|
BOLT
1314
DELISTED
BOLT TECHNOLOGY CORPORATION
BOLT
| $3.77M | 0.01% |
171,700
-43,445
| -20% | -$811K |
|
|
RWT
1315
Redwood Trust
RWT
$588M
| $3.76M | 0.01% |
226,600
+102,800
| +83% | +$1.95M |
|
|
AUY
1316
DELISTED
Yamana Gold, Inc.
AUY
| $3.76M | 0.01% |
+626,401
| New | +$4.99M |
|
1317
Artivion
AORT
$1.34B
| $3.75M | 0.01% |
379,500
-44,300
| -10% | -$436K |
|
1318
UNIFI
UFI
$114M
| $3.74M | 0.01% |
144,533
+44,033
| +44% | +$1.24M |
|
1319
Provident Financial
PROV
$111M
| $3.74M | 0.01% |
256,100
+11,703
| +5% | +$172K |
|
1320
Transportadora de Gas del Sur
TGS
$4.48B
| $3.72M | 0.01% |
1,163,937
| – | – |
|
|
DNB
1321
DELISTED
Dun & Bradstreet
DNB
| $3.7M | 0.01% |
31,500
+15,200
| +93% | +$1.74M |
|
1322
VSE Corp
VSEC
$5.19B
| $3.69M | 0.01% |
150,710
+20,310
| +16% | +$624K |
|
|
CADE
1323
DELISTED
Cadence Bank
CADE
| $3.69M | 0.01% |
183,000
-2,800
| -2% | -$60.8K |
|
1324
Martin Midstream Partners
MMLP
$93.5M
| $3.68M | 0.01% |
98,700
-44,843
| -31% | -$1.76M |
|
|
FOE
1325
DELISTED
Ferro Corporation
FOE
| $3.68M | 0.01% |
254,000
-401,130
| -61% | -$5.35M |
|
Similar funds
Renaissance Technologies's Q3 2014 Portfolio in Review
As of Q3 2014, Renaissance Technologies held 3,213 positions worth $36.5B, down 15% from $42.9B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Renaissance Technologies withdrew a net $5.32B in Q3 2014, closing 459 positions and reducing 1,053 holdings. Its most notable exit was Apple, an estimated $518M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Healthcare and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Viacom Inc. Class B worth $102M.
- Renaissance Technologies's largest Q3 2014 buy was Viacom Inc. Class B: 1,327,500 shares worth $102M.
- Renaissance Technologies added most to ConocoPhillips in Q3 2014, an estimated $105M increase.
- Renaissance Technologies's biggest Q3 2014 reduction was Intel, cutting an estimated $486M.
- Renaissance Technologies fully exited Apple in Q3 2014, selling an estimated $518M.
- Renaissance Technologies's ten largest holdings make up 13% of its $36.5B portfolio in Q3 2014.
- Renaissance Technologies opened 460 new positions and closed 459 in Q3 2014.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $36.5B.
Based on Renaissance Technologies's 13F filing for Q3 2014, filed 12 Nov 2014.