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 | |
|---|---|---|---|---|---|---|
2251
Gorman-Rupp
GRC
$2.15B
| $646K | ﹤0.01% |
+20,315
| New | +$651K |
|
2252
Radcom
RDCM
$170M
| $644K | ﹤0.01% |
96,325
-4,700
| -5% | -$26.7K |
|
|
ISS
2253
DELISTED
ISOFTSTONE HLDGS LTD ADS EACH REPSTG 10 ORD SHS (CYM)
ISS
| $644K | ﹤0.01% |
127,357
-141,243
| -53% | -$729K |
|
|
MATR
2254
DELISTED
Mattersight Corp.
MATR
| $643K | ﹤0.01% |
92,800
+36,400
| +65% | +$225K |
|
2255
First Business Financial Services
FBIZ
$588M
| $642K | ﹤0.01% |
+27,200
| New | +$573K |
|
2256
Martin Marietta Materials
MLM
$32B
| $642K | ﹤0.01% |
+5,000
| New | +$575K |
|
|
ITI
2257
DELISTED
Iteris, Inc.
ITI
| $641K | ﹤0.01% |
323,800
+51,100
| +19% | +$109K |
|
2258
Allient
ALNT
$1.51B
| $640K | ﹤0.01% |
82,800
+1,650
| +2% | +$13K |
|
|
AKRX
2259
DELISTED
Akorn Inc
AKRX
| $640K | ﹤0.01% |
29,100
+5,500
| +23% | +$129K |
|
2260
MACOM Technology Solutions
MTSI
$19.6B
| $637K | ﹤0.01% |
31,000
-16,222
| -34% | -$286K |
|
2261
Sterling Infrastructure
STRL
$18.6B
| $637K | ﹤0.01% |
73,482
-12,018
| -14% | -$122K |
|
|
PXD
2262
DELISTED
Pioneer Natural Resource Co.
PXD
| $636K | ﹤0.01% |
3,396
-36,692
| -92% | -$6.7M |
|
|
ECT
2263
DELISTED
ECA Marcellus Trust 1 Interest
ECT
| $631K | ﹤0.01% |
70,920
+39,428
| +125% | +$347K |
|
2264
MYR Group
MYRG
$5.3B
| $630K | ﹤0.01% |
+24,900
| New | +$606K |
|
|
LTS
2265
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $630K | ﹤0.01% |
208,600
+113,900
| +120% | +$320K |
|
|
ESGR
2266
DELISTED
Enstar Group
ESGR
| $627K | ﹤0.01% |
4,600
-8,300
| -64% | -$1.08M |
|
|
GNI
2267
DELISTED
GREAT NORTH IRON ORE CTFBIN
GNI
| $623K | ﹤0.01% |
32,700
+25,800
| +374% | +$606K |
|
2268
American Coastal Insurance
ACIC
$514M
| $618K | ﹤0.01% |
42,300
+17,300
| +69% | +$238K |
|
2269
Rexford Industrial Realty
REXR
$8.46B
| $617K | ﹤0.01% |
43,522
+9,422
| +28% | +$129K |
|
|
PKT
2270
DELISTED
PROCERA NETWORKS INC NEW COM STK (DE)
PKT
| $617K | ﹤0.01% |
+59,389
| New | +$700K |
|
2271
Consolidated Water Co
CWCO
$470M
| $614K | ﹤0.01% |
46,600
+10,900
| +31% | +$141K |
|
|
TPI
2272
DELISTED
TIANYIN PHARMACEUTICAL
TPI
| $609K | ﹤0.01% |
620,100
+131,400
| +27% | +$132K |
|
2273
Limoneira
LMNR
$236M
| $608K | ﹤0.01% |
26,800
+10,800
| +68% | +$244K |
|
|
ITIC
2274
Investors Title Co
ITIC
$547M
| $607K | ﹤0.01% |
8,000
+3,800
| +90% | +$299K |
|
2275
Kratos Defense & Security Solutions
KTOS
$8.67B
| $607K | ﹤0.01% |
80,500
-49,200
| -38% | -$381K |
|
Similar funds
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.