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 |
Apple
AAPL
|
+$437M |
| 2 |
Verizon
VZ
|
+$215M |
| 3 |
Comcast
CMCSA
|
+$137M |
| 4 |
Vodafone
VOD
|
+$137M |
| 5 |
Kinder Morgan
KMI
|
+$133M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$263M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$246M |
| 3 |
Walmart Inc
WMT
|
+$229M |
| 4 |
Pfizer
PFE
|
+$221M |
| 5 |
Costco
COST
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.93% |
| 2 | Consumer Discretionary | 13.29% |
| 3 | Healthcare | 11.79% |
| 4 | Industrials | 11% |
| 5 | Consumer Staples | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Lamar Advertising Co
LAMR
$16.3B
| $45.8M | 0.11% |
899,005
+41,393
| +5% | +$2.12M |
|
|
SEE
202
DELISTED
Sealed Air
SEE
| $45.5M | 0.11% |
1,383,600
-213,300
| -13% | -$6.95M |
|
203
First Solar
FSLR
$22.1B
| $45.1M | 0.11% |
646,013
+475,513
| +279% | +$26.5M |
|
|
EPB
204
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
| $45M | 0.11% |
1,482,351
+1,049,751
| +243% | +$33.3M |
|
205
Emerson Electric
EMR
$83.6B
| $44.7M | 0.11% |
669,800
+390,400
| +140% | +$25.7M |
|
|
AXON
206
Axon Enterprise
AXON
$42.4B
| $44.7M | 0.11% |
2,443,352
-663,300
| -21% | -$11.9M |
|
|
DST
207
DELISTED
DST Systems Inc.
DST
| $44.5M | 0.11% |
938,000
+241,400
| +35% | +$11.2M |
|
|
CHK
208
DELISTED
Chesapeake Energy Corporation
CHK
| $44.3M | 0.11% |
9,137
+6,868
| +303% | +$33.5M |
|
209
Trinity Industries
TRN
$2.95B
| $44.1M | 0.11% |
1,698,330
+904,517
| +114% | +$20.9M |
|
210
ICU Medical
ICUI
$4.04B
| $43.8M | 0.11% |
732,201
+133,701
| +22% | +$8.24M |
|
211
Ziff Davis
ZD
$1.93B
| $43.6M | 0.1% |
1,002,685
+61,065
| +6% | +$2.58M |
|
|
TLM
212
DELISTED
TALISMAN ENERGY INC
TLM
| $43.6M | 0.1% |
4,364,588
+3,565,888
| +446% | +$37.9M |
|
213
SAP
SAP
$200B
| $43.6M | 0.1% |
535,611
+430,911
| +412% | +$34.2M |
|
214
Telephone and Data Systems
TDS
$3.83B
| $43.4M | 0.1% |
1,656,292
-223,300
| -12% | -$5.68M |
|
215
Motorola Solutions
MSI
$70.3B
| $43.3M | 0.1% |
+673,747
| New | +$44M |
|
|
BRFS
216
DELISTED
BRF SA
BRFS
| $43.1M | 0.1% |
2,158,560
+1,606,600
| +291% | +$29.4M |
|
217
Dillards
DDS
$8.96B
| $43M | 0.1% |
465,686
+337,986
| +265% | +$30.6M |
|
|
IM
218
DELISTED
Ingram Micro
IM
| $43M | 0.1% |
1,455,244
+650,544
| +81% | +$17.5M |
|
|
MGAM
219
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $43M | 0.1% |
1,480,800
-275,700
| -16% | -$8.68M |
|
220
Applied Materials
AMAT
$410B
| $43M | 0.1% |
2,106,245
-375,603
| -15% | -$6.9M |
|
221
M&T Bank
MTB
$36B
| $43M | 0.1% |
354,450
+117,900
| +50% | +$13.6M |
|
|
ETP
222
DELISTED
Energy Transfer Partners L.p.
ETP
| $43M | 0.1% |
799,227
-163,886
| -17% | -$8.89M |
|
|
CEL
223
DELISTED
Cellcom Israel, Ltd.
CEL
| $42.7M | 0.1% |
3,096,416
+6,562
| +0.2% | +$84.5K |
|
|
ATHN
224
DELISTED
Athenahealth, Inc.
ATHN
| $42.6M | 0.1% |
265,950
+48,250
| +22% | +$7.94M |
|
225
Carnival Corporation Ltd
CCL
$37.1B
| $42.3M | 0.1% |
1,116,000
+812,500
| +268% | +$32.2M |
|
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Renaissance Technologies's Q1 2014 Portfolio in Review
As of Q1 2014, Renaissance Technologies held 3,290 positions worth $41.7B, down 0.16% from $41.8B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Renaissance Technologies's Q1 2014 filing shows 474 new, 1,340 increased, 961 reduced and 495 closed positions. Its largest new stake was Apple: 22,998,136 shares worth $441M. The largest sale was Johnson & Johnson, an estimated $263M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Renaissance Technologies's largest Q1 2014 buy was Apple: 22,998,136 shares worth $441M.
- Renaissance Technologies added most to Verizon in Q1 2014, an estimated $215M increase.
- Renaissance Technologies's biggest Q1 2014 reduction was Johnson & Johnson, cutting an estimated $263M.
- Renaissance Technologies fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $246M.
- Renaissance Technologies's ten largest holdings make up 13% of its $41.7B portfolio in Q1 2014.
- Renaissance Technologies opened 474 new positions and closed 495 in Q1 2014.
- Renaissance Technologies's portfolio value fell 0.16% quarter-over-quarter to $41.7B.
Based on Renaissance Technologies's 13F filing for Q1 2014, filed 14 May 2014.