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 | |
|---|---|---|---|---|---|---|
|
TCF
1451
DELISTED
TCF Financial Corporation Common Stock
TCF
| $2.97M | 0.01% |
110,554
+93,122
| +534% | +$2.6M |
|
|
EPAX
1452
DELISTED
Ambassadors Group Inc
EPAX
| $2.97M | 0.01% |
803,500
+10,800
| +1% | +$43.7K |
|
|
AEGR
1453
DELISTED
Aegerion Pharmaceuticals
AEGR
| $2.97M | 0.01% |
89,000
+12,500
| +16% | +$388K |
|
|
JRN
1454
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
| $2.97M | 0.01% |
352,200
-54,700
| -13% | -$524K |
|
1455
CoStar Group
CSGP
$12.2B
| $2.96M | 0.01% |
189,980
-730,000
| -79% | -$10.9M |
|
|
INTX
1456
DELISTED
Intersections, Inc.
INTX
| $2.95M | 0.01% |
767,200
+29,900
| +4% | +$119K |
|
|
SASR
1457
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.94M | 0.01% |
128,536
+19,936
| +18% | +$476K |
|
|
RALY
1458
DELISTED
RALLY SOFTWARE DEV CORP
RALY
| $2.94M | 0.01% |
244,779
-10,121
| -4% | -$107K |
|
1459
WaFd
WAFD
$2.71B
| $2.94M | 0.01% |
+144,178
| New | +$3.08M |
|
1460
Goldgroup Mining Inc.
GORO
$155M
| $2.93M | 0.01% |
571,700
-514,500
| -47% | -$2.83M |
|
|
TE
1461
DELISTED
TECO ENERGY INC
TE
| $2.92M | 0.01% |
168,100
-240,500
| -59% | -$4.26M |
|
|
DHC
1462
Diversified Healthcare Trust
DHC
$2.15B
| $2.92M | 0.01% |
+140,655
| New | +$3.19M |
|
|
WAIR
1463
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $2.91M | 0.01% |
167,100
+113,800
| +214% | +$2.11M |
|
|
RC
1464
Ready Capital
RC
$260M
| $2.91M | 0.01% |
168,434
+32,918
| +24% | +$575K |
|
1465
Fresenius Medical Care
FMS
$13.4B
| $2.9M | 0.01% |
83,700
-132,000
| -61% | -$4.55M |
|
1466
Churchill Downs
CHDN
$6.17B
| $2.9M | 0.01% |
+178,650
| New | +$2.75M |
|
|
RATE
1467
DELISTED
Bankrate Inc
RATE
| $2.9M | 0.01% |
255,100
+8,629
| +4% | +$131K |
|
1468
Mistras Group
MG
$477M
| $2.9M | 0.01% |
142,000
+111,800
| +370% | +$2.44M |
|
|
CELG
1469
DELISTED
Celgene Corp
CELG
| $2.88M | 0.01% |
30,400
-465,500
| -94% | -$42M |
|
1470
Globalstar
GSAT
$10.1B
| $2.88M | 0.01% |
52,436
+16,929
| +48% | +$1.01M |
|
1471
Costamare
CMRE
$1.85B
| $2.87M | 0.01% |
130,600
+19,300
| +17% | +$447K |
|
|
NOVB
1472
DELISTED
NORTH VALLEY BANCORP-COM
NOVB
| $2.86M | 0.01% |
132,441
+26,835
| +25% | +$578K |
|
1473
Urban One Class D
UONEK
$22.4M
| $2.86M | 0.01% |
89,850
-2,880
| -3% | -$107K |
|
|
FONR
1474
DELISTED
Fonar
FONR
| $2.85M | 0.01% |
259,264
-26,877
| -9% | -$319K |
|
1475
BancFirst
BANF
$3.81B
| $2.85M | 0.01% |
91,200
-1,000
| -1% | -$31.3K |
|
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.