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 | |
|---|---|---|---|---|---|---|
2351
Scholastic
SCHL
$789M
| $500K | ﹤0.01% |
14,701
-34,500
| -70% | -$1.02M |
|
2352
Grupo Aeroportuario Centro Norte
OMAB
$5.22B
| $497K | ﹤0.01% |
18,600
-10,100
| -35% | -$275K |
|
|
SNT
2353
Senstar Technologies
SNT
$40.6M
| $496K | ﹤0.01% |
139,200
+700
| +0.5% | +$2.43K |
|
2354
American Homes 4 Rent
AMH
$11.9B
| $494K | ﹤0.01% |
+30,500
| New | +$490K |
|
2355
Valhi
VHI
$391M
| $494K | ﹤0.01% |
2,342
-1,875
| -44% | -$380K |
|
|
SAAS
2356
DELISTED
inContact, Inc.
SAAS
| $494K | ﹤0.01% |
63,300
-31,900
| -34% | -$243K |
|
|
CADX
2357
DELISTED
CADENCE PHARMACEUTICALS, INC COM STK
CADX
| $491K | ﹤0.01% |
+54,300
| New | +$392K |
|
|
NW.PRC.CL
2358
DELISTED
Natwest Bank Ads Series C
NW.PRC.CL
| $491K | ﹤0.01% |
19,500
-15,025
| -44% | -$378K |
|
|
WIFI
2359
DELISTED
Boingo Wireless, Inc.
WIFI
| $490K | ﹤0.01% |
76,500
-84,400
| -52% | -$562K |
|
2360
Alpha Pro Tech
APT
$50.7M
| $488K | ﹤0.01% |
227,100
+19,500
| +9% | +$35.2K |
|
|
FCH
2361
DELISTED
Felcor Lodging Trust
FCH
| $488K | ﹤0.01% |
59,800
-62,836
| -51% | -$435K |
|
|
MSLI
2362
DELISTED
Merus Labs International Inc.
MSLI
| $487K | ﹤0.01% |
341,200
+37,100
| +12% | +$49.6K |
|
|
ACW
2363
DELISTED
Accuride Corp
ACW
| $486K | ﹤0.01% |
130,395
-76,005
| -37% | -$301K |
|
|
FU
2364
DELISTED
FAB UNIVERSAL CORP COM
FU
| $484K | ﹤0.01% |
157,809
-44,300
| -22% | -$253K |
|
|
HEOP
2365
DELISTED
Heritage Oaks Bancorp
HEOP
| $483K | ﹤0.01% |
64,385
+51,385
| +395% | +$363K |
|
|
GBNK
2366
DELISTED
Guaranty Bancorp
GBNK
| $481K | ﹤0.01% |
34,220
+2,100
| +7% | +$29.2K |
|
|
BRT
2367
BRT Apartments
BRT
$284M
| $477K | ﹤0.01% |
67,460
-12,300
| -15% | -$86.9K |
|
|
UCFC
2368
DELISTED
United Community Financial Corp
UCFC
| $474K | ﹤0.01% |
132,704
-4,400
| -3% | -$16.4K |
|
|
NOA
2369
North American Construction
NOA
$365M
| $473K | ﹤0.01% |
81,470
-9,430
| -10% | -$53.6K |
|
2370
USA Compression Partners
USAC
$3.79B
| $470K | ﹤0.01% |
+17,549
| New | +$430K |
|
|
GNI
2371
DELISTED
GREAT NORTH IRON ORE CTFBIN
GNI
| $470K | ﹤0.01% |
+6,900
| New | +$495K |
|
|
PSTB
2372
DELISTED
Park Sterling Corp.
PSTB
| $470K | ﹤0.01% |
65,849
-53,221
| -45% | -$350K |
|
2373
Shore Bancshares
SHBI
$817M
| $467K | ﹤0.01% |
50,700
+6,900
| +16% | +$62.7K |
|
2374
Evertec
EVTC
$1.95B
| $466K | ﹤0.01% |
+18,900
| New | +$427K |
|
|
PWOD
2375
DELISTED
Penns Woods Bancorp
PWOD
| $464K | ﹤0.01% |
13,650
+5,250
| +63% | +$176K |
|
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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.