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 |
IBM
IBM
|
+$328M |
| 2 |
Johnson & Johnson
JNJ
|
+$229M |
| 3 |
GE Aerospace
GE
|
+$156M |
| 4 |
Target
TGT
|
+$155M |
| 5 |
Walt Disney
DIS
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$283M |
| 2 |
Eli Lilly
LLY
|
+$211M |
| 3 |
Microsoft
MSFT
|
+$199M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$184M |
| 5 |
Citigroup
C
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.03% |
| 2 | Healthcare | 12.1% |
| 3 | Consumer Discretionary | 11.99% |
| 4 | Consumer Staples | 11.92% |
| 5 | Industrials | 10.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Centrus Energy
LEU
$3.48B
| $1.08M | ﹤0.01% |
9,317
+559
| +6% | +$79.1K |
|
|
SPNC
1977
DELISTED
Spectranetics Corp
SPNC
| $1.07M | ﹤0.01% |
64,000
-23,100
| -27% | -$403K |
|
1978
Asure Software
ASUR
$240M
| $1.07M | ﹤0.01% |
248,576
-5,500
| -2% | -$28.3K |
|
|
GURE
1979
Gulf Resources
GURE
$4.65M
| $1.07M | ﹤0.01% |
12,538
+1,414
| +13% | +$106K |
|
|
PSE
1980
DELISTED
PIONEER SOUTHWEST ENERGY PARTNERS LP
PSE
| $1.07M | ﹤0.01% |
24,200
-96,500
| -80% | -$3.84M |
|
1981
AstroNova
ALOT
$224M
| $1.07M | ﹤0.01% |
97,450
+4,800
| +5% | +$55.1K |
|
|
MNR
1982
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.06M | ﹤0.01% |
117,400
-174,000
| -60% | -$1.65M |
|
|
ZIXI
1983
DELISTED
Zix Corporation
ZIXI
| $1.06M | ﹤0.01% |
216,900
+75,100
| +53% | +$337K |
|
1984
Timberland Bancorp
TSBK
$351M
| $1.06M | ﹤0.01% |
118,000
+3,400
| +3% | +$29.9K |
|
|
ACW
1985
DELISTED
Accuride Corp
ACW
| $1.06M | ﹤0.01% |
206,400
+47,240
| +30% | +$259K |
|
1986
IDEX
IEX
$17.3B
| $1.06M | ﹤0.01% |
16,225
-54,800
| -77% | -$3.31M |
|
|
MFSF
1987
DELISTED
MutualFirst Financial Inc
MFSF
| $1.06M | ﹤0.01% |
69,100
+4,500
| +7% | +$67.5K |
|
1988
TTM Technologies
TTMI
$12B
| $1.05M | ﹤0.01% |
108,332
-230,863
| -68% | -$2.2M |
|
1989
Federated Hermes
FHI
$4.51B
| $1.05M | ﹤0.01% |
+38,600
| New | +$1.1M |
|
1990
Universal Logistics Holdings
ULH
$353M
| $1.05M | ﹤0.01% |
39,328
+628
| +2% | +$16.5K |
|
1991
KVH Industries
KVHI
$181M
| $1.05M | ﹤0.01% |
75,900
+14,600
| +24% | +$199K |
|
|
SPNS
1992
DELISTED
Sapiens International
SPNS
| $1.04M | ﹤0.01% |
172,800
+12,500
| +8% | +$73.3K |
|
|
RATE
1993
DELISTED
Bankrate Inc
RATE
| $1.04M | ﹤0.01% |
50,800
+23,000
| +83% | +$395K |
|
|
MDCI
1994
DELISTED
MEDICAL ACTION INDS INC
MDCI
| $1.04M | ﹤0.01% |
157,426
+24,026
| +18% | +$169K |
|
1995
Ormat Technologies
ORA
$5.94B
| $1.04M | ﹤0.01% |
38,958
-7,142
| -15% | -$178K |
|
|
GSS
1996
DELISTED
Golden Star Resources Ltd.
GSS
| $1.04M | ﹤0.01% |
519,680
+43,960
| +9% | +$115K |
|
|
CAW
1997
DELISTED
CCA Industries, Inc.
CAW
| $1.04M | ﹤0.01% |
301,400
+600
| +0.2% | +$2.08K |
|
|
HXM
1998
DELISTED
DESARROLLADORA HOMES DA DE CV (HOMEX DEV. CORP)
HXM
| $1.03M | ﹤0.01% |
488,100
+153,400
| +46% | +$370K |
|
1999
Erie Indemnity
ERIE
$12.2B
| $1.03M | ﹤0.01% |
14,174
-4,497
| -24% | -$347K |
|
|
BALT
2000
DELISTED
BALTIC TRADING LIMITED COMMON STOCK
BALT
| $1.03M | ﹤0.01% |
210,034
+118,834
| +130% | +$517K |
|
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Renaissance Technologies's Q3 2013 Portfolio in Review
As of Q3 2013, Renaissance Technologies held 3,196 positions worth $41.2B, up 8.1% from $38.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q3 2013 filing shows 439 new, 1,284 increased, 1,031 reduced and 412 closed positions. Its largest new stake was GE Aerospace: 1,361,721 shares worth $156M. The largest sale was Apple, an estimated $283M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q3 2013 buy was GE Aerospace: 1,361,721 shares worth $156M.
- Renaissance Technologies added most to IBM in Q3 2013, an estimated $328M increase.
- Renaissance Technologies's biggest Q3 2013 reduction was Eli Lilly, cutting an estimated $211M.
- Renaissance Technologies fully exited Apple in Q3 2013, selling an estimated $283M.
- Renaissance Technologies's ten largest holdings make up 11% of its $41.2B portfolio in Q3 2013.
- Renaissance Technologies opened 439 new positions and closed 412 in Q3 2013.
- Renaissance Technologies's portfolio value rose 8.1% quarter-over-quarter to $41.2B.
Based on Renaissance Technologies's 13F filing for Q3 2013, filed 13 Nov 2013.