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
|
+$276M |
| 2 |
IBM
IBM
|
+$272M |
| 3 |
Procter & Gamble
PG
|
+$161M |
| 4 |
Colgate-Palmolive
CL
|
+$151M |
| 5 |
BBBY
Bed Bath & Beyond Inc
BBBY
|
+$146M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$405M |
| 2 |
CELG
Celgene Corp
CELG
|
+$207M |
| 3 |
Booking.com
BKNG
|
+$123M |
| 4 |
Eli Lilly
LLY
|
+$114M |
| 5 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.92% |
| 2 | Healthcare | 13.46% |
| 3 | Consumer Discretionary | 11.99% |
| 4 | Industrials | 10.52% |
| 5 | Consumer Staples | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SWY
151
DELISTED
SAFEWAY INC
SWY
| $61.4M | 0.14% |
1,788,100
-2,389,032
| -57% | -$81.6M |
|
|
MIC
152
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $60.7M | 0.14% |
972,500
-122,400
| -11% | -$7.22M |
|
153
Cheesecake Factory
CAKE
$4.21B
| $60.3M | 0.14% |
1,298,400
-30,783
| -2% | -$1.42M |
|
|
BCR
154
DELISTED
CR Bard Inc.
BCR
| $59.8M | 0.14% |
418,200
-45,400
| -10% | -$6.49M |
|
155
Aptiv
APTV
$12B
| $59.7M | 0.14% |
869,198
+364,598
| +72% | +$24.7M |
|
|
MXIM
156
DELISTED
Maxim Integrated Products
MXIM
| $59.6M | 0.14% |
1,761,600
+154,200
| +10% | +$5.14M |
|
157
PPG Industries
PPG
$25.9B
| $59.5M | 0.14% |
566,400
-6,400
| -1% | -$635K |
|
158
H&R Block
HRB
$5.18B
| $59.3M | 0.14% |
+1,770,000
| New | +$52.7M |
|
159
Papa John's
PZZA
$999M
| $59.2M | 0.14% |
1,397,275
+257,475
| +23% | +$11.4M |
|
160
SEI Investments
SEIC
$11.9B
| $58.9M | 0.14% |
1,797,326
+301,900
| +20% | +$9.72M |
|
161
Ecolab
ECL
$75.6B
| $58.5M | 0.14% |
525,222
+19,804
| +4% | +$2.12M |
|
|
RAI
162
DELISTED
Reynolds American Inc
RAI
| $58.4M | 0.14% |
1,934,200
-659,880
| -25% | -$18.9M |
|
|
SUNE
163
DELISTED
SUNEDISON, INC COM
SUNE
| $58.3M | 0.14% |
2,577,500
+1,591,300
| +161% | +$30.9M |
|
164
Exelon
EXC
$48.6B
| $58M | 0.14% |
+2,227,952
| New | +$56.8M |
|
|
LVLT
165
DELISTED
Level 3 Communications Inc
LVLT
| $57.9M | 0.14% |
1,319,721
+140,800
| +12% | +$5.91M |
|
|
PLKI
166
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $57.8M | 0.13% |
1,322,544
-6,601
| -0.5% | -$269K |
|
167
Devon Energy
DVN
$51.9B
| $57.8M | 0.13% |
727,900
-30,400
| -4% | -$2.21M |
|
168
Cogent Communications
CCOI
$594M
| $57.7M | 0.13% |
1,670,500
+12,800
| +0.8% | +$453K |
|
|
CPLA
169
DELISTED
Capella Education Company
CPLA
| $57.4M | 0.13% |
1,056,221
+24,336
| +2% | +$1.4M |
|
170
Union Pacific
UNP
$183B
| $57.2M | 0.13% |
+573,300
| New | +$55.6M |
|
171
TFS Financial
TFSL
$5.1B
| $56.5M | 0.13% |
3,959,328
+28,347
| +0.7% | +$381K |
|
172
Capitol Federal Financial
CFFN
$1.08B
| $56M | 0.13% |
4,601,897
-117,800
| -2% | -$1.43M |
|
173
Amazon
AMZN
$2.5T
| $54.9M | 0.13% |
+3,381,100
| New | +$53.5M |
|
174
CorVel
CRVL
$3.05B
| $54.7M | 0.13% |
3,632,598
+243,798
| +7% | +$3.8M |
|
|
MRO
175
DELISTED
Marathon Oil Corporation
MRO
| $54.6M | 0.13% |
+1,366,846
| New | +$50.4M |
|
Similar funds
Renaissance Technologies's Q2 2014 Portfolio in Review
As of Q2 2014, Renaissance Technologies held 3,246 positions worth $42.9B, up 2.9% from $41.7B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies's Q2 2014 filing shows 450 new, 1,273 increased, 1,008 reduced and 492 closed positions. Its largest new stake was Procter & Gamble: 2,001,729 shares worth $157M. The largest sale was Verizon, an estimated $405M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q2 2014 buy was Procter & Gamble: 2,001,729 shares worth $157M.
- Renaissance Technologies added most to Pfizer in Q2 2014, an estimated $276M increase.
- Renaissance Technologies's biggest Q2 2014 reduction was Verizon, cutting an estimated $405M.
- Renaissance Technologies fully exited Booking.com in Q2 2014, selling an estimated $123M.
- Renaissance Technologies's ten largest holdings make up 14% of its $42.9B portfolio in Q2 2014.
- Renaissance Technologies opened 450 new positions and closed 492 in Q2 2014.
- Renaissance Technologies's portfolio value rose 2.9% quarter-over-quarter to $42.9B.
Based on Renaissance Technologies's 13F filing for Q2 2014, filed 13 Aug 2014.