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 | |
|---|---|---|---|---|---|---|
|
PPIH
2226
Perma-Pipe International
PPIH
$197M
| $729K | ﹤0.01% |
50,800
+18,896
| +59% | +$237K |
|
|
MCBI
2227
DELISTED
METROCORP BANCSHARES INC
MCBI
| $726K | ﹤0.01% |
48,149
+23,449
| +95% | +$335K |
|
2228
Ark Restaurants
ARKR
$20.4M
| $725K | ﹤0.01% |
33,700
+2,400
| +8% | +$51.6K |
|
|
PERY
2229
DELISTED
Perry Ellis International Inc
PERY
| $723K | ﹤0.01% |
45,770
-58,348
| -56% | -$989K |
|
|
HEES
2230
DELISTED
H&E Equipment Services
HEES
| $714K | ﹤0.01% |
+24,100
| New | +$660K |
|
2231
First Bancorp
FBNC
$2.61B
| $710K | ﹤0.01% |
42,700
-7,600
| -15% | -$117K |
|
2232
Savara
SVRA
$1.14B
| $710K | ﹤0.01% |
21,929
+16,708
| +320% | +$536K |
|
|
DTRM
2233
DELISTED
Determine, Inc. Common Stock
DTRM
| $710K | ﹤0.01% |
110,714
-3,600
| -3% | -$23K |
|
2234
Boise Cascade
BCC
$2.65B
| $708K | ﹤0.01% |
+24,000
| New | +$627K |
|
2235
Achieve Life Sciences
ACHV
$647M
| $707K | ﹤0.01% |
39
+15
| +63% | +$263K |
|
|
BORN
2236
DELISTED
China New Borun Corporation
BORN
| $704K | ﹤0.01% |
281,400
+400
| +0.1% | +$795 |
|
2237
Devon Energy
DVN
$50.9B
| $699K | ﹤0.01% |
11,300
-634,800
| -98% | -$38.9M |
|
2238
Photronics
PLAB
$1.74B
| $698K | ﹤0.01% |
77,300
+26,400
| +52% | +$223K |
|
|
PENX
2239
DELISTED
PENFORD CORP
PENX
| $698K | ﹤0.01% |
54,300
+3,900
| +8% | +$51.4K |
|
2240
Kadant
KAI
$3.63B
| $689K | ﹤0.01% |
17,000
+7,200
| +73% | +$271K |
|
|
JIVE
2241
DELISTED
Jive Software, Inc.
JIVE
| $688K | ﹤0.01% |
+61,117
| New | +$689K |
|
|
ONVI
2242
DELISTED
Onvia, Inc.
ONVI
| $687K | ﹤0.01% |
138,600
+1,000
| +0.7% | +$4.79K |
|
|
CPE
2243
DELISTED
Callon Petroleum Company
CPE
| $686K | ﹤0.01% |
10,499
-4,900
| -32% | -$313K |
|
|
FRBK
2244
DELISTED
Republic First Bancorp Inc
FRBK
| $686K | ﹤0.01% |
230,200
+8,700
| +4% | +$27.3K |
|
2245
Forestar Group
FOR
$1.47B
| $685K | ﹤0.01% |
32,200
-13,000
| -29% | -$272K |
|
2246
Hurco Companies Inc
HURC
$137M
| $684K | ﹤0.01% |
27,359
+7,530
| +38% | +$190K |
|
2247
Cumberland Pharmaceuticals
CPIX
$101M
| $682K | ﹤0.01% |
133,400
-44,262
| -25% | -$216K |
|
|
TTHI
2248
DELISTED
TRANSITION THERAPEUTICS INC (CANADA)
TTHI
| $682K | ﹤0.01% |
119,800
+47,400
| +65% | +$243K |
|
2249
Astrotech Corp
ASTC
$12.6M
| $680K | ﹤0.01% |
1,603
+77
| +5% | +$18K |
|
|
CLD
2250
DELISTED
Cloud Peak Energy Inc
CLD
| $680K | ﹤0.01% |
+37,800
| New | +$615K |
|
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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.