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 | |
|---|---|---|---|---|---|---|
|
FLOW
2101
DELISTED
FLOW INTL CORP
FLOW
| $943K | ﹤0.01% |
+234,072
| New | +$934K |
|
2102
Northrim BanCorp
NRIM
$586M
| $942K | ﹤0.01% |
143,600
-13,600
| -9% | -$85.1K |
|
|
NRT
2103
North European Oil Royalty Trust
NRT
$81.5M
| $941K | ﹤0.01% |
47,102
+21,444
| +84% | +$469K |
|
|
FOLD
2104
DELISTED
Amicus Therapeutics
FOLD
| $939K | ﹤0.01% |
399,401
+96,801
| +32% | +$212K |
|
2105
Adecoagro
AGRO
$1.47B
| $936K | ﹤0.01% |
115,700
+66,960
| +137% | +$532K |
|
|
BPZ
2106
DELISTED
BPZ RESOURCES INC COM STK
BPZ
| $933K | ﹤0.01% |
512,680
+93,571
| +22% | +$188K |
|
|
GTS
2107
DELISTED
Triple-S Management Corporation
GTS
| $929K | ﹤0.01% |
+50,243
| New | +$900K |
|
2108
iShares MSCI Japan ETF
EWJ
$22.1B
| $926K | ﹤0.01% |
19,075
-8,000
| -30% | -$381K |
|
|
RELV
2109
DELISTED
Reliv International Inc
RELV
| $924K | ﹤0.01% |
47,000
-671
| -1% | -$12.7K |
|
|
FNBC
2110
DELISTED
First NBC Bank Holding Company
FNBC
| $924K | ﹤0.01% |
+28,593
| New | +$793K |
|
|
GPIC
2111
DELISTED
Gaming Partners International Corporation
GPIC
| $922K | ﹤0.01% |
112,900
-2,100
| -2% | -$17.2K |
|
|
TGB
2112
Trekor Metals
TGB
$2.59B
| $920K | ﹤0.01% |
433,900
+181,200
| +72% | +$377K |
|
|
SWSH
2113
DELISTED
SWISHER HYGIENE INC COM STK NEW (DE)
SWSH
| $918K | ﹤0.01% |
178,519
+128,280
| +255% | +$738K |
|
|
FLG
2114
Flagstar Bank National Association
FLG
$5.94B
| $915K | ﹤0.01% |
+18,108
| New | +$877K |
|
|
ANCX
2115
DELISTED
Access National Corp
ANCX
| $915K | ﹤0.01% |
61,200
-2,700
| -4% | -$40.1K |
|
|
CRESY
2116
Cresud
CRESY
$823M
| $912K | ﹤0.01% |
102,557
-18,122
| -15% | -$164K |
|
2117
DXP Enterprises
DXPE
$2.4B
| $912K | ﹤0.01% |
+7,919
| New | +$744K |
|
2118
Stoneridge
SRI
$200M
| $910K | ﹤0.01% |
71,400
-172,187
| -71% | -$2.14M |
|
2119
UFP Industries
UFPI
$4.87B
| $908K | ﹤0.01% |
+52,224
| New | +$860K |
|
|
STS
2120
DELISTED
Supreme Industries Inc Class A
STS
| $908K | ﹤0.01% |
155,678
+1,500
| +1% | +$9.14K |
|
|
FRS
2121
DELISTED
FRISCH'S RESTAURANTS INC
FRS
| $907K | ﹤0.01% |
35,400
+2,700
| +8% | +$64.8K |
|
|
WPX
2122
DELISTED
WPX Energy, Inc.
WPX
| $903K | ﹤0.01% |
44,300
-1,787,900
| -98% | -$35.7M |
|
2123
CSP Inc
CSPI
$79.2M
| $902K | ﹤0.01% |
223,000
+41,600
| +23% | +$159K |
|
|
FPP
2124
DELISTED
FieldPoint Petroleum Corporation
FPP
| $902K | ﹤0.01% |
218,400
+11,800
| +6% | +$52.4K |
|
|
CAW
2125
DELISTED
CCA Industries, Inc.
CAW
| $898K | ﹤0.01% |
304,400
+3,000
| +1% | +$9.48K |
|
Similar funds
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.