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 |
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 | 14.48% |
| 2 | Healthcare | 12.89% |
| 3 | Consumer Staples | 11.2% |
| 4 | Consumer Discretionary | 11.03% |
| 5 | Industrials | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Novo Nordisk
NVO
$173B
| $767M | 2.1% |
32,212,200
-1,693,800
| -5% | -$39M |
2013 Q2
5 quarters
|
|
|
2
Colgate-Palmolive
CL
$74.3B
| $719M | 1.97% |
11,022,700
+1,417,200
| +15% | +$93.5M |
2013 Q2
5 quarters
|
|
3
McDonald's
MCD
$182B
| $652M | 1.78% |
6,875,100
-1,418,800
| -17% | -$135M |
2013 Q2
5 quarters
|
|
|
LLTC
4
DELISTED
Linear Technology Corp
LLTC
| $497M | 1.36% |
11,192,000
-540,400
| -5% | -$24.5M |
2013 Q2
5 quarters
|
|
5
Hershey
HSY
$32.2B
| $469M | 1.28% |
4,913,500
-702,000
| -13% | -$65M |
2013 Q2
5 quarters
|
|
6
TSMC
TSM
$2.24T
| $434M | 1.19% |
21,506,551
-4,847,600
| -18% | -$101M |
2013 Q2
5 quarters
|
|
7
Alaska Air
ALK
$4.03B
| $390M | 1.07% |
8,948,200
-361,800
| -4% | -$16.8M |
2013 Q2
5 quarters
|
|
|
TWTC
8
DELISTED
TW TELECOM INC CL A COM
TWTC
| $380M | 1.04% |
9,134,236
-62,564
| -0.7% | -$2.55M |
2013 Q2
5 quarters
|
|
9
GSK
GSK
$97.5B
| $314M | 0.86% |
5,462,080
-1,633,440
| -23% | -$100M |
2013 Q2
5 quarters
|
|
10
Johnson & Johnson
JNJ
$662B
| $282M | 0.77% |
2,643,000
-502,500
| -16% | -$52.1M |
2013 Q2
5 quarters
|
|
11
Domino's
DPZ
$10.3B
| $258M | 0.71% |
3,355,100
-338,700
| -9% | -$25.3M |
2013 Q2
5 quarters
|
|
12
Becton Dickinson
BDX
$54B
| $250M | 0.69% |
2,253,053
+663,585
| +42% | +$75.7M |
2013 Q3
4 quarters
|
|
13
VeriSign
VRSN
$27.4B
| $244M | 0.67% |
4,432,976
-148,100
| -3% | -$8M |
2013 Q2
5 quarters
|
|
14
NetEase
NTES
$71.8B
| $237M | 0.65% |
13,843,500
-567,000
| -4% | -$9.6M |
2013 Q2
5 quarters
|
|
15
Ryanair
RYAAY
$27.7B
| $196M | 0.54% |
8,473,715
+555,750
| +7% | +$12.4M |
2013 Q2
5 quarters
|
|
16
Costco
COST
$441B
| $195M | 0.53% |
1,554,913
+504,013
| +48% | +$60.9M |
2013 Q2
5 quarters
|
|
17
Cboe Global Markets
CBOE
$32.8B
| $194M | 0.53% |
3,618,100
+6,400
| +0.2% | +$327K |
2013 Q2
5 quarters
|
|
18
Meta Platforms (Facebook)
META
$1.63T
| $181M | 0.5% |
2,291,235
+729,735
| +47% | +$53.5M |
2013 Q3
4 quarters
|
|
19
Huntington Ingalls Industries
HII
$12.5B
| $181M | 0.5% |
1,737,800
-36,900
| -2% | -$3.63M |
2013 Q2
5 quarters
|
|
20
ExxonMobil
XOM
$754B
| $175M | 0.48% |
1,858,791
+542,700
| +41% | +$54.1M |
2014 Q2
1 quarter
|
|
21
Allegiant Air
ALGT
$1.99B
| $171M | 0.47% |
1,381,600
+23,500
| +2% | +$2.88M |
2013 Q2
5 quarters
|
|
22
Kimberly-Clark
KMB
$36.6B
| $165M | 0.45% |
1,599,962
+197,753
| +14% | +$20.6M |
2013 Q2
5 quarters
|
|
23
Amdocs
DOX
$6.5B
| $159M | 0.44% |
3,466,600
+231,000
| +7% | +$10.8M |
2013 Q2
5 quarters
|
|
24
PLDT
PHI
$3.82B
| $158M | 0.43% |
2,294,100
+31,000
| +1% | +$2.24M |
2013 Q2
5 quarters
|
|
25
TJX Companies
TJX
$156B
| $148M | 0.4% |
4,990,800
-3,685,600
| -42% | -$104M |
2013 Q2
5 quarters
|
|
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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 458 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 17% 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 458 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.