Renaissance Technologies
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DESCRIPTION:

Date updated:11-20-2009

Renaissance Technologies is a NY-based hedge fund started by Jim Simons in 1982. Its Medallion Fund is considered in the industry to be one of the most successful hedge funds.

As of 9/30/2009 funds in Renaissance Technologies were valued at $27.1 billion.

The fund has nearly 3,500 positions. The top five sector weightings are in: Services (25.82%), Technology (20.33%), Financials (9.94%), Healthcare (8.87%), and Basic Materials (6.69%).

During the quarter some of the following notable actions were taken:

Positions closed out (454 positions): RIMM, CVX, TWC, HAL, NOV, HON, PRU, SPG, GE, PEP
New positions (371 positions): NKE, SYMC, RTP, ATVI, FCX, POT, EXC, FWLT
Decreased positions (1,954 positons): WMT, LO, MCD, PG, PFE, T, ESI, KMB
Increased positions (1,543 positions): AMZN, VZ, LMT, QCOM, AAPL, BIDU, ORCL

Here are the top 30 holdings as of September 30, 2009.

symbol name last price % change open
  • +
  • AMZN
    Amazon.com
  • $141.17
  • -0.76%
  • $143.70

1.42% of portfolio. Position was increased by 1,764%.

People owning AMZN also tend to own: AAPLAMTATHRBEASCTSHEMCGOOG

TheStreet.com Rating: B What is this?

  • +
  • VZ
    Verizon Commun
  • $32.69
  • +0.12%
  • $32.83

1.08% of portfolio. Position was increased by 76.8%.

People owning VZ also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: B- What is this?

  • +
  • WMT
    Wal Mart Stores
  • $54.44
  • -0.24%
  • $54.73

1.00% of portfolio. Position was decreased by -3.55%.

People owning WMT also tend to own: ABTDGXEPDFMDGSKJNJJOSB

TheStreet.com Rating: B What is this?

  • +
  • LO
    Lorillard
  • $78.16
  • 0.00%
  • $N/A

1.00% of portfolio. Position was decreased by -19.5%.

People owning LO also tend to own: MIRPHPICOSATSTVWLPZEP

TheStreet.com Rating: B What is this?

  • +
  • LMT
    Lockheed Martin C
  • $77.47
  • -0.92%
  • $78.03

0.97% of portfolio. Position was increased by 3,749%.

People owning LMT also tend to own: AIGALLBACCCATCBSCOP

TheStreet.com Rating: B- What is this?

  • +
  • QCOM
    Qualcomm Incorpor
  • $44.63
  • -0.95%
  • $45.13

0.96% of portfolio. Position was increased by 1,145%.

People owning QCOM also tend to own: AAPLBEASBMCBOBJCDNSCHKPCSCO

TheStreet.com Rating: B- What is this?

  • +
  • MCD
    Mcdonalds Cp
  • $61.97
  • -0.85%
  • $62.63

0.81% of portfolio. Position was decreased by -2.42%.

People owning MCD also tend to own: DENNDRTEHNZIASGJRCCNOOFPBY

TheStreet.com Rating: A What is this?

  • +
  • AAPL
    Apple Inc.
  • $196.48
  • +0.13%
  • $197.87

0.80% of portfolio. Position was by 58.2%.

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

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Q. I think that you've got to be lo...
12.03.09 | 21:01 PM Asked by DogBones

A. " I think that you've got to be
long here, despite the imminent monthly
jobs number."

um...yeah...youre correct...except you
can replace the comma above with one big
giantic period. The Fed (world
banks/govts) are practically holding a
gun to everyones head FORCING them to
take on risk (buy assets) - hands down
that trumpts any argument anywhere about
anything... Benanke made that very clear
weeks ago... yet the very obvious weekly
head fakes continues.

Who would want to fight the Fed here?
None of us retail folks should be
selling based on bogus scares (like ANY
bad numbers, Dubia, or any of the many
LAME reasons we've heard since August),
unless that selling is part of our plan.
I dont know why everyone is mincing
words (even Cramer, although today he
was a tiny bit more explicit). Just say
it!!! "There are absolutely no
reason to be afraid of the market,
people must escape falling currencies by
purchasing assests!!!"...which is
exactly what the Fed wants...when the
dust settles, JOBS WILL BE CREATED...at
least that appears to be the plan...The
Fed is at "DEFCON 1", an
election year is coming up...They are
forcing some stuff to be fixed here;
attacking from all sides; you will be
swashed trying to get in their way...at
least thats how I see right now (lol). I
do not know if things will work out for
them (Great Depression II?), but so far
theres nothing showing it will not. USA
rocks!!!

lol...I probably shouldnt be saying this
today; jinxing myself; because Im
expecting tomorrow is quiet or down (not
UP!!!!), so I can get grab some
goodies...I really shouldnt be
advertising how bogus it is...but yeah,
I cant really see anyone SERIOUSLY being
anti-long anywayz, so its not like
breaking news (lol).

To answer your question(s), my guess is
the numbers will be SPUN so that Friday
is a bad day ...just like the most of
the Fridays...lol...I am amazed that
such trickery works each week...but youd
better get ur shorts/inverses outta
there quick, cause you know what happens
next...same old story...even though I am
cant see this trickery working anymore
Fridays for the rest of the year.

Have Fun!

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