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 | |
|---|---|---|---|---|---|---|
176
CorVel
CRVL
$3.05B
| $44.8M | 0.12% |
3,946,200
+313,602
| +9% | +$4.23M |
|
177
Aptiv
APTV
$12B
| $44.4M | 0.12% |
723,400
-145,798
| -17% | -$9.98M |
|
|
TSS
178
DELISTED
Total System Services, Inc.
TSS
| $44.3M | 0.12% |
1,429,265
-892,200
| -38% | -$28.2M |
|
|
CSC
179
DELISTED
Computer Sciences
CSC
| $44.2M | 0.12% |
1,716,391
-210,248
| -11% | -$5.41M |
|
|
BHI
180
DELISTED
Baker Hughes
BHI
| $44.2M | 0.12% |
678,940
+132,000
| +24% | +$9.2M |
|
181
Signet Jewelers
SIG
$3.55B
| $44.2M | 0.12% |
387,700
+141,400
| +57% | +$15.6M |
|
182
Rayonier
RYN
$6.49B
| $44.1M | 0.12% |
1,559,487
-624,191
| -29% | -$19.2M |
|
|
DISH
183
DELISTED
DISH Network Corp.
DISH
| $44M | 0.12% |
680,579
-474,900
| -41% | -$30.7M |
|
184
FMC
FMC
$1.42B
| $43.8M | 0.12% |
882,967
+658,708
| +294% | +$37.5M |
|
185
BHP
BHP
$213B
| $43.7M | 0.12% |
+877,767
| New | +$51.1M |
|
186
F5
FFIV
$22.1B
| $43.5M | 0.12% |
+366,574
| New | +$43.1M |
|
|
BRCM
187
DELISTED
BROADCOM CORP CL-A
BRCM
| $42.7M | 0.12% |
1,056,657
-2,228,400
| -68% | -$86.6M |
|
188
Suncor Energy
SU
$77.7B
| $42.6M | 0.12% |
1,177,166
+1,032,740
| +715% | +$41.5M |
|
189
Cal-Maine
CALM
$4.28B
| $42.3M | 0.12% |
946,808
+185,208
| +24% | +$7.35M |
|
190
lululemon athletica
LULU
$13B
| $42.1M | 0.12% |
1,001,100
-212,300
| -17% | -$8.55M |
|
191
United Airlines
UAL
$38.4B
| $42M | 0.11% |
+896,863
| New | +$41.6M |
|
192
AbbVie
ABBV
$458B
| $41.7M | 0.11% |
722,355
-1,511,245
| -68% | -$83.9M |
|
|
WBA
193
DELISTED
Walgreens Boots Alliance
WBA
| $41.6M | 0.11% |
+702,200
| New | +$46.1M |
|
194
Alcoa
AA
$11.7B
| $41.4M | 0.11% |
+1,069,549
| New | +$41.9M |
|
195
Visa
V
$677B
| $41.4M | 0.11% |
775,200
-844,000
| -52% | -$45.4M |
|
196
Aflac
AFL
$63.9B
| $41.3M | 0.11% |
1,418,400
+712,200
| +101% | +$21.7M |
|
|
SPR
197
DELISTED
Spirit AeroSystems
SPR
| $40.9M | 0.11% |
1,075,500
+412,400
| +62% | +$15.1M |
|
198
Melco Resorts & Entertainment
MLCO
$2.1B
| $40.8M | 0.11% |
+1,552,100
| New | +$46.8M |
|
199
Bunge Global
BG
$23.6B
| $40.6M | 0.11% |
482,400
-109,400
| -18% | -$8.83M |
|
200
UGI
UGI
$8B
| $40.1M | 0.11% |
1,175,450
+148,400
| +14% | +$5.05M |
|
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.