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 | |
|---|---|---|---|---|---|---|
2201
Tennant Co
TNC
$1.41B
| $766K | ﹤0.01% |
11,300
-33,800
| -75% | -$2.16M |
|
|
AAV
2202
DELISTED
Advantage Oil & Gas Ltd
AAV
| $766K | ﹤0.01% |
+176,600
| New | +$713K |
|
|
INXN
2203
DELISTED
Interxion Holding N.V.
INXN
| $765K | ﹤0.01% |
32,400
-55,000
| -63% | -$1.24M |
|
|
CCIH
2204
DELISTED
Chinacache International Holdings Ltd
CCIH
| $765K | ﹤0.01% |
85,900
-64,900
| -43% | -$519K |
|
2205
Primerica
PRI
$10.1B
| $764K | ﹤0.01% |
+17,800
| New | +$755K |
|
|
CNH
2206
CNH Industrial
CNH
$12.8B
| $761K | ﹤0.01% |
+76,572
| New | +$768K |
|
|
JCTC
2207
Jewett-Cameron Trading
JCTC
$9.86M
| $760K | ﹤0.01% |
145,400
+35,600
| +32% | +$188K |
|
2208
Republic Bancorp
RBCAA
$1.93B
| $756K | ﹤0.01% |
30,800
+14,700
| +91% | +$356K |
|
|
AXU
2209
DELISTED
Alexco Resource Corp
AXU
| $756K | ﹤0.01% |
600,200
+94,800
| +19% | +$125K |
|
|
ATAXZ
2210
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $756K | ﹤0.01% |
120,189
-57,603
| -32% | -$362K |
|
2211
Biglari Holdings Class B
BH
$1.25B
| $755K | ﹤0.01% |
2,407
-9,491
| -80% | -$2.68M |
|
|
ANV
2212
DELISTED
Allied Nevada Gold Corp
ANV
| $754K | ﹤0.01% |
+212,300
| New | +$796K |
|
2213
Casella Waste Systems
CWST
$5.69B
| $753K | ﹤0.01% |
129,742
-10,929
| -8% | -$63.5K |
|
|
MOFG
2214
DELISTED
MidWestOne Financial Group
MOFG
| $753K | ﹤0.01% |
27,700
+8,899
| +47% | +$234K |
|
|
WLH
2215
DELISTED
WILLIAM LYON HOMES
WLH
| $748K | ﹤0.01% |
+33,800
| New | +$734K |
|
|
VII
2216
DELISTED
Vicon Industries, Inc.
VII
| $744K | ﹤0.01% |
241,500
-600
| -0.2% | -$1.74K |
|
|
TEP
2217
DELISTED
Tallgrass Energy Partners, LP
TEP
| $737K | ﹤0.01% |
+28,348
| New | +$703K |
|
|
SIFI
2218
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $736K | ﹤0.01% |
61,100
-6,525
| -10% | -$75.9K |
|
|
KWK
2219
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $736K | ﹤0.01% |
239,800
-2,752,258
| -92% | -$7.16M |
|
|
DCTH
2220
DELISTED
Delcath Systems Inc
DCTH
| $733K | ﹤0.01% |
11,231
+10,391
| +1,237% | +$876K |
|
|
OPLK
2221
DELISTED
OPLINK COMMUNICATIONS INC
OPLK
| $733K | ﹤0.01% |
39,400
-38,921
| -50% | -$681K |
|
2222
Allison Transmission
ALSN
$9.57B
| $732K | ﹤0.01% |
26,500
-31,900
| -55% | -$826K |
|
|
RRM
2223
DELISTED
RR MEDIA LTD ORD SHS (ISR)
RRM
| $732K | ﹤0.01% |
87,100
+8,800
| +11% | +$68.7K |
|
2224
Innodata
INOD
$1.96B
| $731K | ﹤0.01% |
298,400
-15,200
| -5% | -$37K |
|
2225
Old Second Bancorp
OSBC
$1.29B
| $730K | ﹤0.01% |
158,100
-19,700
| -11% | -$95.6K |
|
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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.