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 |
PepsiCo
PEP
|
+$228M |
| 2 |
General Dynamics
GD
|
+$195M |
| 3 |
Apple
AAPL
|
+$191M |
| 4 |
SWY
SAFEWAY INC
SWY
|
+$180M |
| 5 |
LVLT
Level 3 Communications Inc
LVLT
|
+$175M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTC
TW TELECOM INC CL A COM
TWTC
|
+$380M |
| 2 |
McDonald's
MCD
|
+$284M |
| 3 |
Meta Platforms (Facebook)
META
|
+$181M |
| 4 |
ExxonMobil
XOM
|
+$153M |
| 5 |
TJX Companies
TJX
|
+$148M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Consumer Staples | 12.92% |
| 3 | Healthcare | 12.48% |
| 4 | Industrials | 11.29% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VVC
201
DELISTED
Vectren Corporation
VVC
| $45M | 0.11% |
974,000
+260,100
| +36% | +$11.4M |
|
202
Essex Property Trust
ESS
$18.9B
| $44.8M | 0.11% |
217,000
+166,500
| +330% | +$33M |
|
203
Analog Devices
ADI
$181B
| $44.6M | 0.11% |
804,100
-1,453,800
| -64% | -$74.2M |
|
204
ICU Medical
ICUI
$3.93B
| $44.6M | 0.11% |
544,741
-13,159
| -2% | -$1.01M |
|
|
RAI
205
DELISTED
Reynolds American Inc
RAI
| $44.5M | 0.11% |
1,384,604
-438,200
| -24% | -$13.9M |
|
|
CVD
206
DELISTED
COVANCE INC.
CVD
| $44.4M | 0.11% |
427,900
+307,400
| +255% | +$28.8M |
|
|
BIN
207
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $44.1M | 0.11% |
1,466,410
+223,549
| +18% | +$6.39M |
|
208
Jack in the Box
JACK
$278M
| $44.1M | 0.11% |
551,000
-19,900
| -3% | -$1.45M |
|
209
OGE Energy
OGE
$10.3B
| $44M | 0.11% |
1,241,300
+806,600
| +186% | +$29.1M |
|
210
Seagate
STX
$193B
| $43.9M | 0.11% |
+660,593
| New | +$41M |
|
211
Coca-Cola Europacific Partners
CCEP
$46.5B
| $43.5M | 0.11% |
983,200
+200,900
| +26% | +$8.66M |
|
|
CHS
212
DELISTED
Chicos FAS, Inc.
CHS
| $43.4M | 0.1% |
2,680,300
+37,400
| +1% | +$573K |
|
213
Tapestry
TPR
$28.8B
| $43.4M | 0.1% |
1,156,600
+1,133,200
| +4,843% | +$40M |
|
214
Healthpeak Properties
DOC
$15.4B
| $43.3M | 0.1% |
1,079,334
+950,099
| +735% | +$37.7M |
|
215
Ecolab
ECL
$75.6B
| $43M | 0.1% |
411,022
+222,500
| +118% | +$24.3M |
|
216
Edgewell Personal Care
EPC
$1.27B
| $42.8M | 0.1% |
+448,812
| New | +$41.3M |
|
217
Zebra Technologies
ZBRA
$12.4B
| $42.8M | 0.1% |
552,400
-263,736
| -32% | -$19M |
|
|
HNT
218
DELISTED
HEALTH NET INC
HNT
| $42.6M | 0.1% |
796,200
+115,400
| +17% | +$5.68M |
|
219
Telephone and Data Systems
TDS
$3.91B
| $42.5M | 0.1% |
1,681,551
+296,159
| +21% | +$7.29M |
|
220
Lennox International
LII
$18.8B
| $42.4M | 0.1% |
445,800
+103,700
| +30% | +$9.21M |
|
221
Estee Lauder
EL
$29B
| $42.2M | 0.1% |
553,200
-552,700
| -50% | -$40.8M |
|
222
CMS Energy
CMS
$23.1B
| $42M | 0.1% |
1,210,000
+959,700
| +383% | +$31.4M |
|
223
Ashland
ASH
$3.04B
| $42M | 0.1% |
717,393
+382,228
| +114% | +$20.6M |
|
224
Carnival Corporation Ltd
CCL
$36.1B
| $42M | 0.1% |
927,200
+333,800
| +56% | +$13.6M |
|
225
J&J Snack Foods
JJSF
$1.43B
| $41.8M | 0.1% |
384,400
+19,700
| +5% | +$2.02M |
|
Similar funds
Renaissance Technologies's Q4 2014 Portfolio in Review
As of Q4 2014, Renaissance Technologies held 3,351 positions worth $41.4B, up 13% from $36.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.19B of net new capital in Q4 2014, opening 590 new positions and adding to 1,468 existing holdings. Its largest new stake was General Dynamics: 1,436,400 shares worth $198M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Consumer Staples and Healthcare.
On the sell side, the largest reduction was McDonald's, an estimated $284M trimmed.
- Renaissance Technologies's largest Q4 2014 buy was General Dynamics: 1,436,400 shares worth $198M.
- Renaissance Technologies added most to PepsiCo in Q4 2014, an estimated $228M increase.
- Renaissance Technologies's biggest Q4 2014 reduction was McDonald's, cutting an estimated $284M.
- Renaissance Technologies fully exited TW TELECOM INC CL A COM in Q4 2014, selling an estimated $380M.
- Renaissance Technologies's ten largest holdings make up 11% of its $41.4B portfolio in Q4 2014.
- Renaissance Technologies opened 590 new positions and closed 412 in Q4 2014.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $41.4B.
Based on Renaissance Technologies's 13F filing for Q4 2014, filed 13 Feb 2015.