Renaissance Investment 13F annual report
Renaissance Investment is an investment fund managing more than $460 billion ran by Lori Killeen. There are currently 83 companies in Mrs. Killeen’s portfolio. The largest investments include Microsoft and Broadcom, together worth $46 billion.
$460 billion Assets Under Management (AUM)
As of 3rd July 2024, Renaissance Investment’s top holding is 52,126 shares of Microsoft currently worth over $24 billion and making up 5.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Renaissance Investment owns more than approximately 0.1% of the company.
In addition, the fund holds 12,718 shares of Broadcom worth $22 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Costco Whsl Corp New worth $21.7 billion and the next is Apple Inc worth $19.9 billion, with 87,209 shares owned.
Currently, Renaissance Investment's portfolio is worth at least $460 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Renaissance Investment
The Renaissance Investment office and employees reside in Lenox, Massachusetts. According to the last 13-F report filed with the SEC, Lori Killeen serves as the MANAGING DIRECTOR at Renaissance Investment.
Recent trades
In the most recent 13F filing, Renaissance Investment revealed that it had opened a new position in
NVIDIA Corp and bought 82,655 shares worth $10.9 billion.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
9.2%
of the fund's Technology sector allocation and has decreased its share price by 68.9% in the past year.
The investment fund also strengthened its position in Alphabet Inc by buying
265 additional shares.
This makes their stake in Alphabet Inc total 124,928 shares worth $23.6 billion.
Alphabet Inc soared 62.3% in the past year.
On the other hand, there are companies that Renaissance Investment is getting rid of from its portfolio.
Renaissance Investment closed its position in Emerson Elec Co on 10th July 2024.
It sold the previously owned 2,350 shares for $267 million.
Lori Killeen also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $24 billion and 52,126 shares.
One of the average hedge funds
The two most similar investment funds to Renaissance Investment are Parkman Healthcare Partners and Mjp Associates Inc adv. They manage $460 billion and $460 billion respectively.
Lori Killeen investment strategy
Renaissance Investment’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 25.8% of
the total portfolio value.
The fund focuses on investments in the United States as
66.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
64% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $228 billion.
The complete list of Renaissance Investment trades based on 13F SEC filings
These positions were updated on July 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
0.57%
52,126
|
$23,954,110,000 | 5.21% |
| Broadcom Inc. |
1.27%
12,718
|
$22,044,237,000 | 4.79% |
| Costco Whsl Corp New |
1.19%
24,479
|
$21,709,225,000 | 4.72% |
| Apple Inc |
3.75%
87,209
|
$19,942,843,000 | 4.34% |
| Alphabet Inc |
0.21%
124,928
|
$23,646,795,000 | 5.14% |
| Tjx Cos Inc New |
0.76%
152,837
|
$17,140,628,000 | 3.73% |
| Thermo Fisher Scientific Inc. |
0.78%
26,807
|
$14,257,603,000 | 3.10% |
| Nxp Semiconductors N V |
0.74%
49,443
|
$13,592,375,000 | 2.96% |
| United Rentals, Inc. |
0.72%
21,533
|
$13,510,038,000 | 2.94% |
| Tetra Tech, Inc. |
0.76%
67,294
|
$13,435,870,000 | 2.92% |
| Intuitive Surgical Inc |
0.64%
30,358
|
$13,427,343,000 | 2.92% |
| Home Depot, Inc. |
1.01%
36,854
|
$12,423,113,000 | 2.70% |
| Danaher Corp. |
1.50%
50,728
|
$12,163,950,000 | 2.65% |
| Booking Holdings Inc |
1.58%
2,953
|
$11,746,493,000 | 2.55% |
| Union Pac Corp |
0.45%
50,091
|
$11,109,182,000 | 2.42% |
| NVIDIA Corp |
Opened
82,655
|
$10,859,254,000 | 2.36% |
| Visa Inc |
1.07%
40,188
|
$10,667,503,000 | 2.32% |
| Xylem Inc |
3.33%
77,404
|
$10,340,400,000 | 2.25% |
| CRH Plc |
4.95%
135,309
|
$10,268,600,000 | 2.23% |
| RTX Corp |
0.82%
99,725
|
$10,083,229,000 | 2.19% |
| Leidos Holdings Inc |
2.98%
68,431
|
$9,925,982,000 | 2.16% |
| Martin Marietta Matls Inc |
1.58%
17,491
|
$9,281,949,000 | 2.02% |
| TE Connectivity Ltd |
1.60%
61,220
|
$9,168,307,000 | 1.99% |
| Zoetis Inc |
1.79%
51,438
|
$8,962,562,000 | 1.95% |
| Church & Dwight Co., Inc. |
1.40%
83,899
|
$8,776,674,000 | 1.91% |
| Gallagher Arthur J & Co |
6.13%
31,741
|
$8,377,402,000 | 1.82% |
| Pepsico Inc |
1.97%
51,102
|
$8,273,333,000 | 1.80% |
| Crowdstrike Holdings Inc |
24.88%
21,178
|
$8,172,167,000 | 1.78% |
| Enterprise Prods Partners L |
0.82%
250,013
|
$7,297,879,000 | 1.59% |
| General Dynamics Corp. |
1.69%
25,533
|
$7,136,728,000 | 1.55% |
| Tractor Supply Co. |
2.73%
25,014
|
$6,435,102,000 | 1.40% |
| NextEra Energy Inc |
6.16%
81,835
|
$5,901,940,000 | 1.28% |
| Trane Technologies plc |
Opened
17,139
|
$5,719,970,000 | 1.24% |
| Novo-nordisk A S |
3.05%
40,641
|
$5,707,216,000 | 1.24% |
| Salesforce Inc |
23.99%
20,437
|
$5,158,912,000 | 1.12% |
| Halliburton Co. |
0.06%
141,656
|
$4,650,581,000 | 1.01% |
| Rockwell Automation Inc |
24.63%
17,761
|
$4,639,884,000 | 1.01% |
| Meta Platforms Inc |
25.46%
8,669
|
$4,594,599,000 | 1.00% |
| Spdr S&p Midcap 400 Etf Tr |
0.23%
7,323
|
$3,863,102,000 | 0.84% |
| Abbvie Inc |
4.12%
12,213
|
$2,052,395,000 | 0.45% |
| Spdr S&p 500 Etf Tr |
1.56%
3,647
|
$2,026,870,000 | 0.44% |
| Exxon Mobil Corp. |
0.87%
17,934
|
$1,989,598,000 | 0.43% |
| TopBuild Corp |
6.67%
4,200
|
$1,597,260,000 | 0.35% |
| Veralto Corp |
1.01%
16,329
|
$1,562,685,000 | 0.34% |
| Air Prods & Chems Inc |
17.64%
6,096
|
$1,552,677,000 | 0.34% |
| Automatic Data Processing In |
1.83%
6,153
|
$1,444,171,000 | 0.31% |
| Merck & Co Inc |
7.87%
10,767
|
$1,357,073,000 | 0.30% |
| Blackstone Inc |
11.71%
10,929
|
$1,325,469,000 | 0.29% |
| Abbott Labs |
6.83%
12,768
|
$1,297,740,000 | 0.28% |
| Johnson & Johnson |
2.32%
7,465
|
$1,097,728,000 | 0.24% |
| Progressive Corp. |
No change
4,754
|
$995,915,000 | 0.22% |
| International Business Machs |
20.15%
5,508
|
$972,052,000 | 0.21% |
| Eli Lilly & Co |
No change
1,040
|
$969,800,000 | 0.21% |
| Mcdonalds Corp |
4.22%
3,541
|
$870,480,000 | 0.19% |
| AMGEN Inc. |
8.10%
2,270
|
$717,116,000 | 0.16% |
| Cisco Sys Inc |
15.28%
15,458
|
$707,964,000 | 0.15% |
| Chevron Corp. |
15.38%
3,779
|
$578,111,000 | 0.13% |
| Berkshire Hathaway Inc. |
No change
1,369
|
$561,942,000 | 0.12% |
| Procter And Gamble Co |
2.32%
3,153
|
$522,326,000 | 0.11% |
| Colgate-Palmolive Co. |
0.40%
5,194
|
$504,026,000 | 0.11% |
| Unitedhealth Group Inc |
2.88%
1,011
|
$497,523,000 | 0.11% |
| Morgan Stanley |
No change
4,550
|
$466,876,000 | 0.10% |
| Stryker Corp. |
No change
1,162
|
$389,932,000 | 0.08% |
| Amazon.com Inc. |
2.99%
1,950
|
$388,713,000 | 0.08% |
| Old Dominion Freight Line In |
11.16%
1,990
|
$355,036,000 | 0.08% |
| Dover Corp. |
No change
1,950
|
$341,504,000 | 0.07% |
| PayPal Holdings Inc |
14.34%
5,715
|
$337,185,000 | 0.07% |
| Walmart Inc |
0.88%
4,707
|
$329,019,000 | 0.07% |
| Pfizer Inc. |
14.98%
11,355
|
$314,761,000 | 0.07% |
| Analog Devices Inc. |
No change
1,350
|
$313,214,000 | 0.07% |
| Ecolab, Inc. |
No change
1,257
|
$304,508,000 | 0.07% |
| Intel Corp. |
22.60%
8,800
|
$304,392,000 | 0.07% |
| CSX Corp. |
No change
9,350
|
$303,688,000 | 0.07% |
| Woodward Inc |
No change
1,620
|
$280,438,000 | 0.06% |
| Emerson Elec Co |
Closed
2,350
|
$266,537,000 | |
| GE Aerospace |
No change
1,567
|
$255,625,000 | 0.06% |
| Deere & Co. |
94.76%
717
|
$250,118,000 | 0.05% |
| ON Semiconductor Corp. |
96.62%
3,291
|
$241,823,000 | 0.05% |
| Albemarle Corp. |
Closed
1,764
|
$232,389,000 | |
| Invesco Exchange Traded Fd T |
10.63%
3,615
|
$230,745,000 | 0.05% |
| Illinois Tool Wks Inc |
Closed
814
|
$218,421,000 | |
| JPMorgan Chase & Co. |
4.61%
1,035
|
$214,897,000 | 0.05% |
| Lowes Cos Inc |
No change
969
|
$209,624,000 | 0.05% |
| Nike, Inc. |
No change
2,865
|
$207,598,000 | 0.05% |
| Qualcomm, Inc. |
Opened
1,000
|
$207,120,000 | 0.05% |
| Caterpillar Inc. |
Closed
563
|
$206,300,000 | |
| Masco Corp. |
Closed
2,600
|
$205,088,000 | |
| Ginkgo Bioworks Holdings Inc |
No change
31,100
|
$9,597,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
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