Renaissance Technologies Adds GE, BSX - Sells CMCSA, ORCL

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Renaissance Technologies, which is the massive hedge fund management firm that was founded by James Simons in 1982, filed their Q1/2010 13F-HR with the SEC earlier this week.

In total, Renaissance Technologies LLC reported owning a total of 2,785 Section 13(f) securities, totaling over $25.7 billion. These two numbers are both down from Q4/2009, when the company reported that they owned a total of 3,022 Section 13(f) securities with a total value of $26,159,114,000.

Here is the quick breakdown of some of the firm's activity over the past three months (as of the end of the quarter):

-337 new positions
-575 sold positions

In addition, Renaissance added to 1,072 of their positions, as well as trimming down a total of 1,368 of their positions (compared to Q4/2009).

The five largest new purchases for the company in terms of total market value:

General Electric Co (GE) - 8,365,764 shares, $152,257,000 Total Value
Intuitive Surgical, Inc. (ISRG) - 268,170 shares, $93,358,000 Total Value
Johnson & Johnson (JNJ) - 1,277,600 shares, $83,300,000 Total Value
Millipore Corporation (MIL) - 771,300 shares, $81,449,000 Total Value
Exxon Mobil Corporation (XOM) - 1,105,000 shares, $74,013,000 Total Value

The five largest new purchases for the company in terms of total # of shares:

YRC WORLDWIDE INC (YRCW) - 9,904,791 shares, $5,386,000 Total Value
General Electric Co (GE) - 8,365,764 shares, $152,257,000 Total Value
Boston Scientific Corporation (BSX) - 5,653,821 shares, $40,821,000 Total Value
EMC Corporation (EMC) - 3,701,400 shares, $66,773,000 Total Value
Chunghwa Telecom Co., Ltd.-ADR (CHT) - 2,478,722 shares, $48,162,000 Total Value

The five largest sales during Q1/2010 in terms of total market value:

Comcast Corporation - Class A (CMCSA) - 9,731,899 shares, $164,080,000 Total Value
Burlington Northern Santa Fe C (BNI) - 1,247,000 shares, $122,979,000 Total Value
Oracle Corporation (ORCL) - 4,872,919 shares, $119,533,000 Total Value
State Street Corp (STT) - 2,540,831 shares, $110,628,000 Total Value
Newmont Mining Corporation(Hol (NEM) - 2,237,800 shares, $105,870,000 Total Value

The five largest sales during Q1/2010 in terms of total # of shares:

Comcast Corporation - Class A (CMCSA) - 9,731,899 shares, $164,080,000 Total Value
Xerox Corporation (XRX) - 7,171,500 shares, $60,671,000 Total Value
Comcast Corporation - Class A (CMCSK) - 5,015,355 shares, $80,296,000 Total Value
Oracle Corporation (ORCL) - 4,872,919 shares, $119,533,000 Total Value
Yahoo! Inc. (YHOO) - 4,609,300 shares, $77,344,000 Total Value

As mentioned, Renaissance Technologies LLC added to 1,064 of their existing positions.

The firm significantly added to their position in Pfizer, Inc. during the first quarter, snapping up a total of 26,662,424 shares. In addition, Renaissance also added to their positions in Bank of America (+6,072,666 shares), Citigroup (+5,672,700 shares), Interpublic Group of Companies (+4,698,700 shares) and the National Bank of Greece (+3,547,900 shares).

On the flip side, Renaissance Technologies LLC pared down a total of 1,364 positions. Leading the way (in terms of total # of shares sold):

-17,860,700, Ford Motor Company (F)
-13,981,650, Sirius XM Radio Inc. (SIRI)
-6,912,200, Advanced Micro Devices, Inc. (AMD)
-6,907,045, NOVELL INC (NOVL)
-6,887,052, Motorola, Inc. (MOT)

Source: Renaissance Technologies LLC Q1/2010 13F-HR Filing

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