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 | |
|---|---|---|---|---|---|---|
|
VXX
2001
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $1.17M | ﹤0.01% |
+1,719
| New | +$1.37M |
|
2002
OFG Bancorp
OFG
$2.22B
| $1.16M | ﹤0.01% |
67,100
-114,770
| -63% | -$1.86M |
|
|
CWEI
2003
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $1.16M | ﹤0.01% |
14,185
+7,900
| +126% | +$584K |
|
2004
Timberland Bancorp
TSBK
$351M
| $1.16M | ﹤0.01% |
120,700
+2,700
| +2% | +$24.4K |
|
2005
NVE Corp
NVEC
$555M
| $1.16M | ﹤0.01% |
19,900
-12,600
| -39% | -$683K |
|
|
TRK
2006
DELISTED
Speedway Motorsports, Inc.
TRK
| $1.16M | ﹤0.01% |
58,441
-5,059
| -8% | -$96.7K |
|
|
FBNK
2007
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $1.16M | ﹤0.01% |
71,700
-10,500
| -13% | -$163K |
|
2008
Ormat Technologies
ORA
$5.94B
| $1.16M | ﹤0.01% |
42,454
+3,496
| +9% | +$92.3K |
|
2009
Plug Power
PLUG
$2.92B
| $1.16M | ﹤0.01% |
744,885
-1,020,000
| -58% | -$990K |
|
|
CCEC
2010
Capital Clean Energy Carriers
CCEC
$1.35B
| $1.15M | ﹤0.01% |
15,730
+254
| +2% | +$16.3K |
|
2011
Viasat
VSAT
$10.7B
| $1.15M | ﹤0.01% |
18,393
-96,300
| -84% | -$6.06M |
|
|
SYUT
2012
DELISTED
Synutra International, Inc.
SYUT
| $1.15M | ﹤0.01% |
129,400
+23,900
| +23% | +$184K |
|
2013
Churchill Downs
CHDN
$5.76B
| $1.15M | ﹤0.01% |
76,650
-99,564
| -57% | -$1.45M |
|
2014
State Street SPDR S&P Retail ETF
XRT
$453M
| $1.15M | ﹤0.01% |
+26,000
| New | +$1.11M |
|
2015
Crown Crafts
CRWS
$31.7M
| $1.14M | ﹤0.01% |
146,900
+24,800
| +20% | +$190K |
|
2016
NRC Health Common Stock
NRC
$419M
| $1.14M | ﹤0.01% |
60,400
-1,532
| -2% | -$26.9K |
|
|
TISA
2017
DELISTED
TOP Image Systems Ltd
TISA
| $1.13M | ﹤0.01% |
187,800
+3,300
| +2% | +$15.1K |
|
|
RT
2018
DELISTED
Ruby Tuesday Georgia
RT
| $1.13M | ﹤0.01% |
163,423
+27,848
| +21% | +$184K |
|
2019
DMC Global
BOOM
$128M
| $1.13M | ﹤0.01% |
52,067
+42,967
| +472% | +$952K |
|
|
KMG
2020
DELISTED
KMG Chemicals Inc
KMG
| $1.13M | ﹤0.01% |
67,024
+14,224
| +27% | +$276K |
|
2021
Madrigal Pharmaceuticals
MDGL
$11.4B
| $1.12M | ﹤0.01% |
+6,114
| New | +$1.12M |
|
2022
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $1.12M | ﹤0.01% |
+59,000
| New | +$1.13M |
|
2023
SPS Commerce
SPSC
$2.42B
| $1.12M | ﹤0.01% |
34,200
+21,000
| +159% | +$714K |
|
2024
EPR Properties
EPR
$4.9B
| $1.12M | ﹤0.01% |
22,700
-500
| -2% | -$25K |
|
2025
Starwood Property Trust
STWD
$6.02B
| $1.12M | ﹤0.01% |
49,979
-58,891
| -54% | -$1.25M |
|
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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.