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 |
Pfizer
PFE
|
+$276M |
| 2 |
IBM
IBM
|
+$272M |
| 3 |
Procter & Gamble
PG
|
+$161M |
| 4 |
Colgate-Palmolive
CL
|
+$151M |
| 5 |
BBBY
Bed Bath & Beyond Inc
BBBY
|
+$146M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$405M |
| 2 |
CELG
Celgene Corp
CELG
|
+$207M |
| 3 |
Booking.com
BKNG
|
+$123M |
| 4 |
Eli Lilly
LLY
|
+$114M |
| 5 |
BEAM INC COM STK (DE)
BEAM
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.85% |
| 2 | Healthcare | 13.92% |
| 3 | Consumer Discretionary | 12.37% |
| 4 | Industrials | 10.6% |
| 5 | Consumer Staples | 9.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
McDonald's
MCD
$182B
| $836M | 1.95% |
8,293,900
-227,487
| -3% | -$23M |
2013 Q2
4 quarters
|
|
2
Novo Nordisk
NVO
$173B
| $783M | 1.83% |
33,906,000
+1,746,400
| +5% | +$38.6M |
2013 Q2
4 quarters
|
|
|
3
Colgate-Palmolive
CL
$73.1B
| $655M | 1.53% |
9,605,500
+2,259,100
| +31% | +$151M |
2013 Q2
4 quarters
|
|
4
TSMC
TSM
$2.24T
| $564M | 1.31% |
26,354,151
+1,064,600
| +4% | +$21.9M |
2013 Q2
4 quarters
|
|
|
LLTC
5
DELISTED
Linear Technology Corp
LLTC
| $552M | 1.29% |
11,732,400
+436,900
| +4% | +$20.2M |
2013 Q2
4 quarters
|
|
6
Hershey
HSY
$32.2B
| $547M | 1.27% |
5,615,500
+1,116,826
| +25% | +$110M |
2013 Q2
4 quarters
|
|
7
Intel
INTC
$487B
| $535M | 1.25% |
17,329,900
+3,322,200
| +24% | +$91M |
2013 Q2
4 quarters
|
|
8
Apple
AAPL
$5.09T
| $518M | 1.21% |
22,293,732
-704,404
| -3% | -$15M |
2014 Q1
1 quarter
|
|
9
GSK
GSK
$97.5B
| $474M | 1.11% |
7,095,520
+1,487,680
| +27% | +$101M |
2013 Q2
4 quarters
|
|
10
Alaska Air
ALK
$4.03B
| $442M | 1.03% |
9,310,000
-68,602
| -0.7% | -$3.27M |
2013 Q2
4 quarters
|
|
|
TWTC
11
DELISTED
TW TELECOM INC CL A COM
TWTC
| $371M | 0.86% |
9,196,800
+260,700
| +3% | +$8.6M |
2013 Q2
4 quarters
|
|
12
Johnson & Johnson
JNJ
$662B
| $329M | 0.77% |
3,145,500
+486,300
| +18% | +$49.2M |
2013 Q2
4 quarters
|
|
|
13
IBM
IBM
$244B
| $299M | 0.7% |
1,725,691
+1,513,447
| +713% | +$272M |
2013 Q2
4 quarters
|
|
|
14
Pfizer
PFE
$171B
| $286M | 0.67% |
10,171,038
+9,692,268
| +2,024% | +$276M |
2013 Q4
2 quarters
|
|
15
Domino's
DPZ
$10.3B
| $270M | 0.63% |
3,693,800
+461,200
| +14% | +$33.8M |
2013 Q2
4 quarters
|
|
16
United Parcel Service
UPS
$91.3B
| $255M | 0.59% |
2,485,400
+722,862
| +41% | +$72.6M |
2013 Q2
4 quarters
|
|
17
TJX Companies
TJX
$156B
| $231M | 0.54% |
8,676,400
+1,595,000
| +23% | +$45.5M |
2013 Q2
4 quarters
|
|
18
NetEase
NTES
$71.8B
| $226M | 0.53% |
14,410,500
-444,000
| -3% | -$6.34M |
2013 Q2
4 quarters
|
|
19
VeriSign
VRSN
$27.4B
| $224M | 0.52% |
4,581,076
-68,824
| -1% | -$3.43M |
2013 Q2
4 quarters
|
|
20
Qualcomm
QCOM
$198B
| $221M | 0.52% |
2,796,300
-129,100
| -4% | -$10.3M |
2013 Q2
4 quarters
|
|
21
Home Depot
HD
$328B
| $216M | 0.5% |
2,667,400
-1,245,900
| -32% | -$98.3M |
2013 Q2
4 quarters
|
|
22
Mastercard
MA
$554B
| $216M | 0.5% |
2,934,300
+1,143,900
| +64% | +$85M |
2013 Q2
4 quarters
|
|
|
23
Eli Lilly
LLY
$1.22T
| $208M | 0.48% |
3,342,000
-1,914,105
| -36% | -$114M |
2013 Q2
4 quarters
|
|
24
Philip Morris
PM
$325B
| $190M | 0.44% |
2,256,600
-808,893
| -26% | -$69.6M |
2013 Q2
4 quarters
|
|
25
Becton Dickinson
BDX
$54B
| $183M | 0.43% |
1,589,468
+213,918
| +16% | +$24.3M |
2013 Q3
3 quarters
|
|
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Renaissance Technologies's Q2 2014 Portfolio in Review
As of Q2 2014, Renaissance Technologies held 3,246 positions worth $42.9B, up 2.9% from $41.7B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies's Q2 2014 filing shows 450 new, 1,272 increased, 1,008 reduced and 492 closed positions. Its largest new stake was Procter & Gamble: 2,001,729 shares worth $157M. The largest sale was Verizon, an estimated $405M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q2 2014 buy was Procter & Gamble: 2,001,729 shares worth $157M.
- Renaissance Technologies added most to Pfizer in Q2 2014, an estimated $276M increase.
- Renaissance Technologies's biggest Q2 2014 reduction was Verizon, cutting an estimated $405M.
- Renaissance Technologies fully exited Booking.com in Q2 2014, selling an estimated $123M.
- Renaissance Technologies's ten largest holdings make up 14% of its $42.9B portfolio in Q2 2014.
- Renaissance Technologies opened 450 new positions and closed 492 in Q2 2014.
- Renaissance Technologies's portfolio value rose 2.9% quarter-over-quarter to $42.9B.
Based on Renaissance Technologies's 13F filing for Q2 2014, filed 13 Aug 2014.