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 | |
|---|---|---|---|---|---|---|
2051
Iridium Communications
IRDM
$4.7B
| $996K | ﹤0.01% |
+117,699
| New | +$885K |
|
|
EEQ
2052
DELISTED
Enbridge Energy Management Llc
EEQ
| $993K | ﹤0.01% |
41,945
-207,704
| -83% | -$4.16M |
|
2053
NACCO Industries
NC
$359M
| $991K | ﹤0.01% |
85,724
-23,355
| -21% | -$282K |
|
|
KMG
2054
DELISTED
KMG Chemicals Inc
KMG
| $989K | ﹤0.01% |
55,000
-15,128
| -22% | -$247K |
|
2055
Identive
INVE
$61M
| $988K | ﹤0.01% |
89,240
+48,160
| +117% | +$422K |
|
|
DVD
2056
DELISTED
Dover Motorsports
DVD
| $988K | ﹤0.01% |
341,800
+2,400
| +0.7% | +$5.88K |
|
|
KTEC
2057
DELISTED
Key Technology Inc
KTEC
| $986K | ﹤0.01% |
80,000
-1,800
| -2% | -$22.2K |
|
|
BITA
2058
DELISTED
Bitauto Holdings Limited
BITA
| $984K | ﹤0.01% |
20,200
-22,400
| -53% | -$877K |
|
2059
Financial Institutions
FISI
$812M
| $981K | ﹤0.01% |
41,900
-39,929
| -49% | -$934K |
|
|
BREW
2060
DELISTED
Craft Brew Alliance, Inc.
BREW
| $980K | ﹤0.01% |
88,600
-13,600
| -13% | -$169K |
|
|
PDH
2061
DELISTED
PETROLOGISTICS LP UNIT LTD PARTNERSHIP INT
PDH
| $977K | ﹤0.01% |
+68,007
| New | +$916K |
|
|
VEDL
2062
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $977K | ﹤0.01% |
+50,460
| New | +$794K |
|
|
XUE
2063
DELISTED
XUEDA EDUCATION GROUP ADS REPTG 2 ORD SHS
XUE
| $976K | ﹤0.01% |
219,400
+23,300
| +12% | +$116K |
|
2064
Global Partners
GLP
$1.65B
| $973K | ﹤0.01% |
23,944
+17,660
| +281% | +$710K |
|
2065
Astec Industries
ASTE
$1.17B
| $972K | ﹤0.01% |
22,145
+4,100
| +23% | +$169K |
|
2066
Insmed
INSM
$22.4B
| $971K | ﹤0.01% |
+48,587
| New | +$719K |
|
2067
Ark Restaurants
ARKR
$20.8M
| $964K | ﹤0.01% |
43,200
+5,300
| +14% | +$116K |
|
|
SSI
2068
DELISTED
Stage Stores Inc
SSI
| $964K | ﹤0.01% |
51,575
-84,300
| -62% | -$1.69M |
|
2069
Tootsie Roll Industries
TR
$2.97B
| $963K | ﹤0.01% |
46,634
-2,613
| -5% | -$52.6K |
|
2070
Park National Corp
PRK
$3.84B
| $958K | ﹤0.01% |
12,405
-500
| -4% | -$37.5K |
|
2071
Superior Group of Companies
SGC
$199M
| $958K | ﹤0.01% |
118,200
+2,800
| +2% | +$22.7K |
|
|
XCRA
2072
DELISTED
Xcerra Corporation
XCRA
| $958K | ﹤0.01% |
105,303
-191,152
| -64% | -$1.76M |
|
|
GSB
2073
DELISTED
GlobalSCAPE, Inc.
GSB
| $953K | ﹤0.01% |
388,900
+12,400
| +3% | +$29.6K |
|
2074
Curis
CRIS
$9.71M
| $952K | ﹤0.01% |
+256
| New | +$1.04M |
|
|
GOV
2075
DELISTED
Government Properties Income Trust
GOV
| $952K | ﹤0.01% |
+37,500
| New | +$952K |
|
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.