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 | |
|---|---|---|---|---|---|---|
|
EIHI
1676
DELISTED
EASTERN INSURANCE HOLDINGS INC COM STK
EIHI
| $2.32M | 0.01% |
94,787
+36,900
| +64% | +$903K |
|
|
WMAR
1677
DELISTED
West Marine Inc
WMAR
| $2.31M | 0.01% |
162,400
-3,800
| -2% | -$48.6K |
|
1678
Matsons
MATX
$6.11B
| $2.31M | 0.01% |
88,454
-20,646
| -19% | -$531K |
|
1679
Elevance Health
ELV
$81.5B
| $2.31M | 0.01% |
+24,973
| New | +$2.22M |
|
|
PNY
1680
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $2.31M | 0.01% |
+69,500
| New | +$2.3M |
|
|
VVTV
1681
DELISTED
VALUEVISION MEDIA INC
VVTV
| $2.3M | 0.01% |
329,256
+226,800
| +221% | +$1.26M |
|
1682
Patrick Industries
PATK
$2.87B
| $2.3M | 0.01% |
268,313
+186,945
| +230% | +$1.65M |
|
1683
Harvard Bioscience
HBIO
$27.6M
| $2.3M | 0.01% |
48,920
-6,501
| -12% | -$284K |
|
|
BSQR
1684
DELISTED
BSQUARE Corporation
BSQR
| $2.3M | 0.01% |
641,975
+12,300
| +2% | +$38.8K |
|
|
AFOP
1685
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $2.29M | 0.01% |
152,480
-436,000
| -74% | -$7.28M |
|
|
TBRG
1686
DELISTED
TruBridge
TBRG
| $2.29M | 0.01% |
37,100
-20,915
| -36% | -$1.26M |
|
|
MHGC
1687
DELISTED
Morgans Hotel Group Co.
MHGC
| $2.29M | 0.01% |
282,100
+101,080
| +56% | +$767K |
|
|
NDZ
1688
DELISTED
NORDION INC COM STK (CDA)
NDZ
| $2.29M | 0.01% |
269,802
-85,898
| -24% | -$722K |
|
1689
Arrow Financial
AROW
$662M
| $2.27M | 0.01% |
112,756
-892
| -0.8% | -$17.8K |
|
1690
Eagle Bancorp
EGBN
$850M
| $2.25M | 0.01% |
73,580
+6,400
| +10% | +$189K |
|
1691
Enbridge
ENB
$120B
| $2.25M | 0.01% |
51,600
-442,500
| -90% | -$18.7M |
|
|
SHOS
1692
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| $2.25M | 0.01% |
+88,402
| New | +$2.53M |
|
|
CCXI
1693
DELISTED
ChemoCentryx, Inc.
CCXI
| $2.25M | 0.01% |
+387,880
| New | +$2M |
|
1694
Raymond James Financial
RJF
$33.5B
| $2.24M | 0.01% |
64,463
-745,800
| -92% | -$23.1M |
|
1695
VSE Corp
VSEC
$5.19B
| $2.24M | 0.01% |
93,400
+22,200
| +31% | +$523K |
|
1696
Customers Bancorp
CUBI
$2.66B
| $2.24M | 0.01% |
+120,230
| New | +$1.92M |
|
|
FWM
1697
DELISTED
FAIRWAY GROUP HLDGS CORP CL A COM STK (DE)
FWM
| $2.23M | 0.01% |
+122,905
| New | +$2.57M |
|
|
USCR
1698
DELISTED
U S Concrete, Inc.
USCR
| $2.23M | 0.01% |
98,600
+58,100
| +143% | +$1.27M |
|
|
BPFH
1699
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $2.23M | 0.01% |
176,772
+25,600
| +17% | +$297K |
|
1700
TETRA Technologies
TTI
$1.08B
| $2.22M | 0.01% |
179,900
-3,500
| -2% | -$43.6K |
|
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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.