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 |
VIAB
Viacom Inc. Class B
VIAB
|
+$109M |
| 2 |
Oracle
ORCL
|
+$107M |
| 3 |
ConocoPhillips
COP
|
+$105M |
| 4 |
Bank of America
BAC
|
+$100M |
| 5 |
Colgate-Palmolive
CL
|
+$93.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$518M |
| 2 |
Intel
INTC
|
+$486M |
| 3 |
IBM
IBM
|
+$306M |
| 4 |
Pfizer
PFE
|
+$286M |
| 5 |
United Parcel Service
UPS
|
+$209M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.53% |
| 2 | Healthcare | 12.29% |
| 3 | Consumer Staples | 10.94% |
| 4 | Consumer Discretionary | 10.57% |
| 5 | Industrials | 10.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVO
1
Novo Nordisk
NVO
$213B
| $767M | 2.1% |
32,212,200
-1,693,800
| -5% | -$39M |
|
|
2
Colgate-Palmolive
CL
$73.3B
| $719M | 1.97% |
11,022,700
+1,417,200
| +15% | +$93.5M |
|
3
McDonald's
MCD
$187B
| $652M | 1.78% |
6,875,100
-1,418,800
| -17% | -$135M |
|
|
LLTC
4
DELISTED
Linear Technology Corp
LLTC
| $497M | 1.36% |
11,192,000
-540,400
| -5% | -$24.5M |
|
5
Hershey
HSY
$35B
| $469M | 1.28% |
4,913,500
-702,000
| -13% | -$65M |
|
6
TSMC
TSM
$2.18T
| $434M | 1.19% |
21,506,551
-4,847,600
| -18% | -$101M |
|
7
Alaska Air
ALK
$4.94B
| $390M | 1.07% |
8,948,200
-361,800
| -4% | -$16.8M |
|
|
TWTC
8
DELISTED
TW TELECOM INC CL A COM
TWTC
| $380M | 1.04% |
9,134,236
-62,564
| -0.7% | -$2.55M |
|
9
GSK
GSK
$102B
| $314M | 0.86% |
5,462,080
-1,633,440
| -23% | -$100M |
|
10
Johnson & Johnson
JNJ
$615B
| $282M | 0.77% |
2,643,000
-502,500
| -16% | -$52.1M |
|
11
Domino's
DPZ
$10.6B
| $258M | 0.71% |
3,355,100
-338,700
| -9% | -$25.3M |
|
12
Becton Dickinson
BDX
$42.2B
| $250M | 0.69% |
2,253,053
+663,585
| +42% | +$75.7M |
|
13
VeriSign
VRSN
$23.9B
| $244M | 0.67% |
4,432,976
-148,100
| -3% | -$8M |
|
14
NetEase
NTES
$77.6B
| $237M | 0.65% |
13,843,500
-567,000
| -4% | -$9.62M |
|
15
Ryanair
RYAAY
$30.3B
| $196M | 0.54% |
8,473,715
+555,750
| +7% | +$12.4M |
|
16
Costco
COST
$411B
| $195M | 0.53% |
1,554,913
+504,013
| +48% | +$60.9M |
|
17
Cboe Global Markets
CBOE
$29.5B
| $194M | 0.53% |
3,618,100
+6,400
| +0.2% | +$327K |
|
18
Meta Platforms (Facebook)
META
$1.59T
| $181M | 0.5% |
2,291,235
+729,735
| +47% | +$53.5M |
|
19
Huntington Ingalls Industries
HII
$10.9B
| $181M | 0.5% |
1,737,800
-36,900
| -2% | -$3.63M |
|
20
ExxonMobil
XOM
$640B
| $175M | 0.48% |
1,858,791
+542,700
| +41% | +$54.1M |
|
21
Allegiant Air
ALGT
$2.64B
| $171M | 0.47% |
1,381,600
+23,500
| +2% | +$2.88M |
|
22
Kimberly-Clark
KMB
$36.1B
| $165M | 0.45% |
1,599,962
+197,753
| +14% | +$20.6M |
|
23
Amdocs
DOX
$5.44B
| $159M | 0.44% |
3,466,600
+231,000
| +7% | +$10.8M |
|
24
PLDT
PHI
$4.26B
| $158M | 0.43% |
2,294,100
+31,000
| +1% | +$2.24M |
|
25
TJX Companies
TJX
$172B
| $148M | 0.4% |
4,990,800
-3,685,600
| -42% | -$104M |
|
Similar funds
Renaissance Technologies's Q3 2014 Portfolio in Review
As of Q3 2014, Renaissance Technologies held 3,213 positions worth $36.5B, down 15% from $42.9B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Renaissance Technologies withdrew a net $5.32B in Q3 2014, closing 459 positions and reducing 1,053 holdings. Its most notable exit was Apple, an estimated $518M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Healthcare and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Viacom Inc. Class B worth $102M.
- Renaissance Technologies's largest Q3 2014 buy was Viacom Inc. Class B: 1,327,500 shares worth $102M.
- Renaissance Technologies added most to ConocoPhillips in Q3 2014, an estimated $105M increase.
- Renaissance Technologies's biggest Q3 2014 reduction was Intel, cutting an estimated $486M.
- Renaissance Technologies fully exited Apple in Q3 2014, selling an estimated $518M.
- Renaissance Technologies's ten largest holdings make up 13% of its $36.5B portfolio in Q3 2014.
- Renaissance Technologies opened 460 new positions and closed 459 in Q3 2014.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $36.5B.
Based on Renaissance Technologies's 13F filing for Q3 2014, filed 12 Nov 2014.