Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$373M |
| 2 |
Costco
COST
|
+$283M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$270M |
| 4 |
Pfizer
PFE
|
+$240M |
| 5 |
Microsoft
MSFT
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CVS Health
CVS
|
+$274M |
| 2 |
EMC
EMC CORPORATION
EMC
|
+$228M |
| 3 |
GAS
AGL Resources Inc
GAS
|
+$216M |
| 4 |
TE
TECO ENERGY INC
TE
|
+$136M |
| 5 |
Charter Communications
CHTR
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.61% |
| 2 | Healthcare | 12.42% |
| 3 | Financials | 11.99% |
| 4 | Consumer Staples | 9.6% |
| 5 | Industrials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
California Water Service
CWT
$3.1B
| $1.09M | ﹤0.01% |
34,000
-190,000
| -85% | -$6.13M |
|
|
FRTX
2527
DELISTED
Fresh Tracks Therapeutics, Inc. Common Stock
FRTX
| $1.08M | ﹤0.01% |
1,133
+206
| +22% | +$260K |
|
2528
State Street SPDR S&P Retail ETF
XRT
$457M
| $1.08M | ﹤0.01% |
24,900
-24,600
| -50% | -$1.09M |
|
2529
Preformed Line Products
PLPC
$1.39B
| $1.08M | ﹤0.01% |
25,600
+200
| +0.8% | +$8.66K |
|
2530
United Airlines
UAL
$38.8B
| $1.08M | ﹤0.01% |
20,500
-421,500
| -95% | -$20.3M |
|
|
APTS
2531
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $1.07M | ﹤0.01% |
79,400
+16,300
| +26% | +$233K |
|
2532
Equity Bancshares
EQBK
$1.04B
| $1.07M | ﹤0.01% |
41,300
+22,700
| +122% | +$540K |
|
2533
State Street SPDR S&P Metals & Mining ETF
XME
$3.75B
| $1.07M | ﹤0.01% |
+40,300
| New | +$1.08M |
|
|
ZGNX
2534
DELISTED
Zogenix, Inc.
ZGNX
| $1.07M | ﹤0.01% |
93,287
+56,100
| +151% | +$518K |
|
2535
Tootsie Roll Industries
TR
$2.97B
| $1.06M | ﹤0.01% |
38,706
-30,836
| -44% | -$861K |
|
|
CDMO
2536
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $1.06M | ﹤0.01% |
351,778
+158,785
| +82% | +$427K |
|
2537
Southern Missouri Bancorp
SMBC
$862M
| $1.05M | ﹤0.01% |
42,100
+8,100
| +24% | +$200K |
|
|
PFNX
2538
DELISTED
Pfenex Inc.
PFNX
| $1.05M | ﹤0.01% |
117,061
+60,261
| +106% | +$514K |
|
2539
Banco Santander
SAN
$191B
| $1.05M | ﹤0.01% |
247,706
-183,548
| -43% | -$750K |
|
|
IO
2540
DELISTED
ION Geophysical Corporation
IO
| $1.05M | ﹤0.01% |
152,782
-16,400
| -10% | -$94.7K |
|
2541
Hennessy Advisors
HNNA
$77.4M
| $1.04M | ﹤0.01% |
44,100
+14,400
| +48% | +$340K |
|
|
AVH
2542
DELISTED
AVIANCA HOLDINGS S.A.
AVH
| $1.04M | ﹤0.01% |
161,000
+73,600
| +84% | +$480K |
|
|
CEA
2543
DELISTED
China Eastern Airlines
CEA
| $1.04M | ﹤0.01% |
44,900
-35,900
| -44% | -$957K |
|
2544
State Street Utilities Select Sector SPDR ETF
XLU
$23.1B
| $1.04M | ﹤0.01% |
42,400
-30,600
| -42% | -$777K |
|
|
ELON
2545
DELISTED
Echelon Corp
ELON
| $1.04M | ﹤0.01% |
197,224
+16,402
| +9% | +$83.5K |
|
2546
Babcock & Wilcox
BW
$1.18B
| $1.04M | ﹤0.01% |
6,280
-2,400
| -28% | -$385K |
|
|
JCTC
2547
Jewett-Cameron Trading
JCTC
$8.98M
| $1.04M | ﹤0.01% |
167,800
+5,000
| +3% | +$32.3K |
|
|
TMH
2548
DELISTED
Team Health Holdings Inc
TMH
| $1.03M | ﹤0.01% |
+31,800
| New | +$1.17M |
|
2549
Global Net Lease
GNL
$1.87B
| $1.03M | ﹤0.01% |
42,200
-67,457
| -62% | -$1.69M |
|
2550
Rexford Industrial Realty
REXR
$8.63B
| $1.03M | ﹤0.01% |
44,900
+22,500
| +100% | +$498K |
|
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Renaissance Technologies's Q3 2016 Portfolio in Review
As of Q3 2016, Renaissance Technologies held 3,713 positions worth $56.6B, up 7.7% from $52.5B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Renaissance Technologies deployed $1.92B of net new capital in Q3 2016, opening 414 new positions and adding to 1,834 existing holdings. Its largest new stake was FedEx: 811,400 shares worth $142M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was CVS Health, an estimated $274M trimmed.
- Renaissance Technologies's largest Q3 2016 buy was FedEx: 811,400 shares worth $142M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2016, an estimated $373M increase.
- Renaissance Technologies's biggest Q3 2016 reduction was CVS Health, cutting an estimated $274M.
- Renaissance Technologies fully exited EMC CORPORATION in Q3 2016, selling an estimated $228M.
- Renaissance Technologies's ten largest holdings make up 7.9% of its $56.6B portfolio in Q3 2016.
- Renaissance Technologies opened 414 new positions and closed 416 in Q3 2016.
- Renaissance Technologies's portfolio value rose 7.7% quarter-over-quarter to $56.6B.
Based on Renaissance Technologies's 13F filing for Q3 2016, filed 14 Nov 2016.