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 | |
|---|---|---|---|---|---|---|
|
PRE
1526
DELISTED
PARTNERRE LTD
PRE
| $2.94M | 0.01% |
+27,900
| New | +$2.74M |
|
1527
Cardinal Health
CAH
$53.7B
| $2.94M | 0.01% |
44,000
+22,300
| +103% | +$1.36M |
|
1528
Southwest Gas
SWX
$6.64B
| $2.92M | 0.01% |
52,300
-72,000
| -58% | -$3.81M |
|
|
MBFI
1529
DELISTED
MB Financial Corp
MBFI
| $2.92M | 0.01% |
90,967
-82,300
| -47% | -$2.5M |
|
|
OCLR
1530
DELISTED
Oclaro Inc.
OCLR
| $2.92M | 0.01% |
1,170,956
+973,900
| +494% | +$2.08M |
|
|
ENLK
1531
DELISTED
EnLink Midstream Partners, LP
ENLK
| $2.91M | 0.01% |
+105,500
| New | +$2.61M |
|
|
DCT
1532
DELISTED
DCT Industrial Trust Inc.
DCT
| $2.9M | 0.01% |
+101,850
| New | +$3.02M |
|
1533
Mistras Group
MG
$477M
| $2.9M | 0.01% |
139,000
+65,592
| +89% | +$1.26M |
|
1534
Merit Medical Systems
MMSI
$4.82B
| $2.9M | 0.01% |
184,112
+66,100
| +56% | +$1M |
|
|
MASC
1535
DELISTED
MATERIAL SCIENCES CORP
MASC
| $2.9M | 0.01% |
245,100
+35,345
| +17% | +$346K |
|
|
CONE
1536
DELISTED
CyrusOne Inc Common Stock
CONE
| $2.89M | 0.01% |
+129,600
| New | +$2.64M |
|
1537
California Water Service
CWT
$3.1B
| $2.89M | 0.01% |
125,400
+94,452
| +305% | +$2.05M |
|
|
ALTR
1538
DELISTED
Altera Corp
ALTR
| $2.89M | 0.01% |
+88,973
| New | +$2.98M |
|
|
UBA
1539
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $2.89M | 0.01% |
156,600
+8,500
| +6% | +$163K |
|
1540
Addus HomeCare
ADUS
$2.22B
| $2.88M | 0.01% |
128,100
+21,000
| +20% | +$563K |
|
|
CARB
1541
DELISTED
Carbonite Inc
CARB
| $2.87M | 0.01% |
242,700
+55,500
| +30% | +$717K |
|
1542
Pinnacle West Capital
PNW
$12.4B
| $2.87M | 0.01% |
+54,200
| New | +$2.97M |
|
1543
Owens Corning
OC
$11B
| $2.87M | 0.01% |
70,400
-22,500
| -24% | -$853K |
|
|
ZQK
1544
DELISTED
QUICKSILVER,INC.
ZQK
| $2.86M | 0.01% |
+326,300
| New | +$2.64M |
|
|
PACT
1545
DELISTED
PACTERA TECHNOLOGY INTL LTD SPONSORED ADR
PACT
| $2.86M | 0.01% |
400,135
+106,448
| +36% | +$734K |
|
|
FRGI
1546
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $2.86M | 0.01% |
54,700
-47,200
| -46% | -$2.11M |
|
|
PCBK
1547
DELISTED
Pacific Continental Corp
PCBK
| $2.85M | 0.01% |
180,152
+23,463
| +15% | +$327K |
|
1548
Hyster-Yale Materials Handling
HY
$576M
| $2.85M | 0.01% |
30,600
+22,700
| +287% | +$1.98M |
|
|
DISH
1549
DELISTED
DISH Network Corp.
DISH
| $2.84M | 0.01% |
+49,079
| New | +$2.51M |
|
|
CCRN
1550
DELISTED
Cross Country Healthcare
CCRN
| $2.84M | 0.01% |
284,518
+219,098
| +335% | +$1.52M |
|
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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.