Renaissance Technologies Portfolio holdings
Renaissance Technologies is a hedge fund firm that trades with computer models built on mathematics and statistics. It began in 1978 as Monemetrics, founded by Jim Simons, a mathematician and former Cold War codebreaker, and took its current name in 1982. The firm launched its Medallion Fund in 1988 and staffs its research with mathematicians, statisticians, physicists, astronomers and computer scientists. Medallion trades over short time spans across many asset types, and it has been closed to outside investors since 1993, open only to current and past employees and their families.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$328M |
| 2 |
Johnson & Johnson
JNJ
|
+$229M |
| 3 |
GE Aerospace
GE
|
+$156M |
| 4 |
Target
TGT
|
+$155M |
| 5 |
Walt Disney
DIS
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$283M |
| 2 |
Eli Lilly
LLY
|
+$211M |
| 3 |
Microsoft
MSFT
|
+$199M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$184M |
| 5 |
Citigroup
C
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.86% |
| 2 | Healthcare | 12.55% |
| 3 | Consumer Discretionary | 12.32% |
| 4 | Consumer Staples | 12.11% |
| 5 | Industrials | 10.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
McDonald's
MCD
$198B
| $718M | 1.74% |
7,462,400
+1,107,500
| +17% | +$108M |
2013 Q2
1 quarter
|
|
2
Novo Nordisk
NVO
$180B
| $531M | 1.29% |
31,362,000
+3,416,000
| +12% | +$57.5M |
2013 Q2
1 quarter
|
|
|
3
IBM
IBM
$233B
| $524M | 1.27% |
2,961,644
+1,806,755
| +156% | +$328M |
2013 Q2
1 quarter
|
|
4
Colgate-Palmolive
CL
$77.5B
| $455M | 1.1% |
7,665,500
-42,300
| -0.5% | -$2.51M |
2013 Q2
1 quarter
|
|
5
Hershey
HSY
$34.4B
| $429M | 1.04% |
4,638,600
+778,900
| +20% | +$72.6M |
2013 Q2
1 quarter
|
|
|
LLTC
6
DELISTED
Linear Technology Corp
LLTC
| $425M | 1.03% |
10,712,300
+739,700
| +7% | +$29.2M |
2013 Q2
1 quarter
|
|
|
7
Eli Lilly
LLY
$1.24T
| $417M | 1.01% |
8,287,805
-4,038,400
| -33% | -$211M |
2013 Q2
1 quarter
|
|
8
TSMC
TSM
$2.04T
| $387M | 0.94% |
22,802,351
-5,148,320
| -18% | -$87.8M |
2013 Q2
1 quarter
|
|
|
WFM
9
DELISTED
Whole Foods Market Inc
WFM
| $323M | 0.78% |
5,524,248
+284,300
| +5% | +$15.7M |
2013 Q2
1 quarter
|
|
10
Philip Morris
PM
$301B
| $309M | 0.75% |
3,565,500
+484,800
| +16% | +$42.4M |
2013 Q2
1 quarter
|
|
|
11
Johnson & Johnson
JNJ
$670B
| $284M | 0.69% |
3,275,300
+2,547,900
| +350% | +$229M |
2013 Q2
1 quarter
|
|
12
TJX Companies
TJX
$151B
| $283M | 0.69% |
10,027,600
+750,000
| +8% | +$20M |
2013 Q2
1 quarter
|
|
13
Intel
INTC
$314B
| $282M | 0.68% |
12,296,994
-1,404,206
| -10% | -$32.3M |
2013 Q2
1 quarter
|
|
14
Walmart Inc
WMT
$984B
| $280M | 0.68% |
11,367,300
+1,848,900
| +19% | +$46.6M |
2013 Q2
1 quarter
|
|
15
Gen Digital
GEN
$17.6B
| $275M | 0.67% |
11,122,738
+3,679,400
| +49% | +$92.3M |
2013 Q2
1 quarter
|
|
16
Alaska Air
ALK
$4.63B
| $267M | 0.65% |
8,538,200
-642,000
| -7% | -$19.2M |
2013 Q2
1 quarter
|
|
17
NetEase
NTES
$82.8B
| $262M | 0.63% |
18,013,500
+3,736,500
| +26% | +$51.1M |
2013 Q2
1 quarter
|
|
18
VeriSign
VRSN
$27.1B
| $258M | 0.63% |
5,072,576
+962,700
| +23% | +$46.5M |
2013 Q2
1 quarter
|
|
|
CELG
19
DELISTED
Celgene Corp
CELG
| $257M | 0.62% |
3,335,200
-1,143,338
| -26% | -$80.1M |
2013 Q2
1 quarter
|
|
20
Verizon
VZ
$191B
| $243M | 0.59% |
5,209,317
+1,465,300
| +39% | +$71.5M |
2013 Q2
1 quarter
|
|
21
Home Depot
HD
$349B
| $242M | 0.59% |
3,191,200
+1,525,900
| +92% | +$118M |
2013 Q2
1 quarter
|
|
|
TWTC
22
DELISTED
TW TELECOM INC CL A COM
TWTC
| $219M | 0.53% |
7,328,200
+1,425,700
| +24% | +$42M |
2013 Q2
1 quarter
|
|
23
CF Industries
CF
$17.7B
| $217M | 0.53% |
5,142,500
-410,250
| -7% | -$15.7M |
2013 Q2
1 quarter
|
|
24
Qualcomm
QCOM
$188B
| $216M | 0.52% |
3,207,760
+1,635,600
| +104% | +$107M |
2013 Q2
1 quarter
|
|
25
Biogen
BIIB
$37.6B
| $209M | 0.51% |
869,700
-523,800
| -38% | -$117M |
2013 Q2
1 quarter
|
|
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Renaissance Technologies's Q3 2013 Portfolio in Review
As of Q3 2013, Renaissance Technologies held 3,196 positions worth $41.2B, up 8.1% from $38.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q3 2013 filing shows 439 new, 1,284 increased, 1,031 reduced and 412 closed positions. Its largest new stake was GE Aerospace: 1,361,721 shares worth $156M. The largest sale was Apple, an estimated $283M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q3 2013 buy was GE Aerospace: 1,361,721 shares worth $156M.
- Renaissance Technologies added most to IBM in Q3 2013, an estimated $328M increase.
- Renaissance Technologies's biggest Q3 2013 reduction was Eli Lilly, cutting an estimated $211M.
- Renaissance Technologies fully exited Apple in Q3 2013, selling an estimated $283M.
- Renaissance Technologies's ten largest holdings make up 11% of its $41.2B portfolio in Q3 2013.
- Renaissance Technologies opened 439 new positions and closed 412 in Q3 2013.
- Renaissance Technologies's portfolio value rose 8.1% quarter-over-quarter to $41.2B.
Based on Renaissance Technologies's 13F filing for Q3 2013, filed 13 Nov 2013.