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 | |
|---|---|---|---|---|---|---|
1951
VanEck Gold Miners ETF
GDX
$23.5B
| $1.31M | ﹤0.01% |
+61,900
| New | +$1.43M |
|
1952
Peapack-Gladstone Financial
PGC
$815M
| $1.3M | ﹤0.01% |
68,320
+20,123
| +42% | +$367K |
|
1953
Agilysys
AGYS
$3.04B
| $1.3M | ﹤0.01% |
93,552
-85,400
| -48% | -$1.05M |
|
|
ENVE
1954
DELISTED
ENVENTIS CORP COM STK
ENVE
| $1.3M | ﹤0.01% |
101,500
+14,100
| +16% | +$177K |
|
|
TEU
1955
DELISTED
BOX SHIPS INCORPORATED SHS (MARSHALL ISLANDS)
TEU
| $1.29M | ﹤0.01% |
392,986
+344,394
| +709% | +$1.19M |
|
1956
Air T
AIRT
$75.4M
| $1.29M | ﹤0.01% |
161,850
+1,800
| +1% | +$13.6K |
|
1957
IDEX
IEX
$17.3B
| $1.29M | ﹤0.01% |
17,500
+1,275
| +8% | +$88.6K |
|
|
MFSF
1958
DELISTED
MutualFirst Financial Inc
MFSF
| $1.29M | ﹤0.01% |
75,200
+6,100
| +9% | +$102K |
|
1959
China Yuchai International
CYD
$1.81B
| $1.29M | ﹤0.01% |
61,614
+23,300
| +61% | +$539K |
|
1960
Foster
FSTR
$431M
| $1.29M | ﹤0.01% |
27,200
-3,500
| -11% | -$160K |
|
|
APAGF
1961
DELISTED
APCO OIL AND GAS INTERNATIONAL INC
APAGF
| $1.29M | ﹤0.01% |
82,500
+5,100
| +7% | +$79.5K |
|
|
UNIS
1962
DELISTED
Unilife Corporation
UNIS
| $1.28M | ﹤0.01% |
+29,112
| New | +$1.07M |
|
|
YZC
1963
DELISTED
Yanzhou Coal Mining
YZC
| $1.27M | ﹤0.01% |
137,600
-76,700
| -36% | -$765K |
|
|
BONT
1964
DELISTED
Bon-Ton Stores Inc/The
BONT
| $1.26M | ﹤0.01% |
+77,893
| New | +$1.08M |
|
1965
Innovative Solutions & Support
ISSC
$312M
| $1.26M | ﹤0.01% |
173,400
-17,400
| -9% | -$129K |
|
1966
Greif
GEF
$4.96B
| $1.26M | ﹤0.01% |
+24,100
| New | +$1.27M |
|
|
WTT
1967
DELISTED
Wireless Telecom Group, Inc.
WTT
| $1.26M | ﹤0.01% |
595,100
+21,500
| +4% | +$43.7K |
|
|
LTON
1968
DELISTED
LINKTONE LTD ADS
LTON
| $1.26M | ﹤0.01% |
1,039,347
-159,200
| -13% | -$411K |
|
1969
Kosmos Energy
KOS
$1.52B
| $1.26M | ﹤0.01% |
112,338
-296,900
| -73% | -$3.18M |
|
|
GCAP
1970
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.26M | ﹤0.01% |
167,200
+151,464
| +963% | +$1.52M |
|
|
PNX
1971
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $1.25M | ﹤0.01% |
+20,429
| New | +$947K |
|
1972
Werner Enterprises
WERN
$2.21B
| $1.25M | ﹤0.01% |
50,663
-279,500
| -85% | -$6.64M |
|
1973
Sypris Solutions
SYPR
$44.2M
| $1.25M | ﹤0.01% |
408,600
-33,095
| -7% | -$98.2K |
|
|
DVR
1974
DELISTED
CAL DIVE INTERNATIONAL INC COM
DVR
| $1.24M | ﹤0.01% |
618,430
-203,457
| -25% | -$391K |
|
1975
Movado Group
MOV
$849M
| $1.24M | ﹤0.01% |
28,200
-36,900
| -57% | -$1.65M |
|
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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.