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 |
CVS Health
CVS
|
+$363M |
| 2 |
Nike
NKE
|
+$289M |
| 3 |
Home Depot
HD
|
+$271M |
| 4 |
Mastercard
MA
|
+$180M |
| 5 |
Amazon
AMZN
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$226M |
| 2 |
Coca-Cola
KO
|
+$225M |
| 3 |
Meta Platforms (Facebook)
META
|
+$205M |
| 4 |
Johnson & Johnson
JNJ
|
+$199M |
| 5 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$185M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.84% |
| 2 | Healthcare | 12.18% |
| 3 | Financials | 11.43% |
| 4 | Industrials | 9.05% |
| 5 | Consumer Discretionary | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Walmart Inc
WMT
$871B
| $50.9M | 0.1% |
2,091,300
+2,067,900
| +8,837% | +$47.9M |
|
252
M&T Bank
MTB
$36.2B
| $50.8M | 0.1% |
429,970
+94,900
| +28% | +$11M |
|
253
O'Reilly Automotive
ORLY
$72.4B
| $50.8M | 0.1% |
2,809,410
+2,041,500
| +266% | +$36.1M |
|
|
PRMW
254
DELISTED
Primo Water Corporation
PRMW
| $50.7M | 0.1% |
3,628,700
+224,800
| +7% | +$3.24M |
|
255
Molson Coors Class B
TAP
$7.68B
| $50.6M | 0.1% |
500,500
-119,400
| -19% | -$11.7M |
|
256
KeyCorp
KEY
$24.3B
| $50.6M | 0.1% |
4,576,363
+1,799,400
| +65% | +$21.5M |
|
257
Morningstar
MORN
$6.56B
| $50.4M | 0.1% |
615,800
+29,500
| +5% | +$2.47M |
|
258
Halliburton
HAL
$27.9B
| $50.2M | 0.1% |
1,107,395
+567,700
| +105% | +$23.4M |
|
259
Sony
SONY
$123B
| $50.1M | 0.1% |
8,537,500
-1,332,000
| -13% | -$7.15M |
|
260
Idexx Laboratories
IDXX
$42.9B
| $49.9M | 0.1% |
537,404
+99,900
| +23% | +$8.58M |
|
261
ResMed
RMD
$28.3B
| $49.9M | 0.09% |
788,700
-494,400
| -39% | -$29.1M |
|
|
EQC
262
DELISTED
Equity Commonwealth
EQC
| $49.8M | 0.09% |
1,711,275
-128,400
| -7% | -$3.65M |
|
263
Advanced Micro Devices
AMD
$851B
| $49.8M | 0.09% |
9,694,826
+8,900,426
| +1,120% | +$34.6M |
|
|
ELNK
264
DELISTED
EarthLink Holdings Corp.
ELNK
| $49.8M | 0.09% |
7,778,900
-394,239
| -5% | -$2.41M |
|
265
Avery Dennison
AVY
$12.3B
| $49.8M | 0.09% |
665,800
-106,100
| -14% | -$7.88M |
|
266
Medtronic
MDT
$107B
| $49.7M | 0.09% |
+573,141
| New | +$46.3M |
|
|
HOT
267
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $49.7M | 0.09% |
672,300
+554,500
| +471% | +$42.6M |
|
268
KLA
KLAC
$275B
| $49.5M | 0.09% |
6,751,840
+976,000
| +17% | +$7M |
|
|
YHOO
269
DELISTED
Yahoo Inc
YHOO
| $49.3M | 0.09% |
+1,313,700
| New | +$48.5M |
|
|
UNIT
270
Uniti Group
UNIT
$2.63B
| $49.3M | 0.09% |
1,706,486
+168,800
| +11% | +$4.19M |
|
271
Dollar General
DG
$25.9B
| $49.2M | 0.09% |
522,900
+135,700
| +35% | +$11.7M |
|
272
Macerich
MAC
$7.32B
| $48.5M | 0.09% |
567,419
-586,400
| -51% | -$45.9M |
|
273
Williams Companies
WMB
$90.5B
| $48.3M | 0.09% |
+2,235,000
| New | +$44.9M |
|
|
CVA
274
DELISTED
Covanta Holding Corporation
CVA
| $48.1M | 0.09% |
2,922,316
-77,600
| -3% | -$1.28M |
|
275
Evercore
EVR
$13.1B
| $48.1M | 0.09% |
1,087,700
+219,700
| +25% | +$10.9M |
|
Similar funds
Renaissance Technologies's Q2 2016 Portfolio in Review
As of Q2 2016, Renaissance Technologies held 3,774 positions worth $52.5B, down 0.13% from $52.6B the previous quarter. Its ten largest holdings account for 8% of the portfolio.
Renaissance Technologies withdrew a net $1.64B in Q2 2016, closing 474 positions and reducing 1,158 holdings. Its most notable exit was TIME WARNER CABLE INC NEW COM STK, an estimated $185M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 11% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Renaissance Technologies opened a new position in Nike worth $280M.
- Renaissance Technologies's largest Q2 2016 buy was Nike: 5,066,500 shares worth $280M.
- Renaissance Technologies added most to CVS Health in Q2 2016, an estimated $363M increase.
- Renaissance Technologies's biggest Q2 2016 reduction was PepsiCo, cutting an estimated $226M.
- Renaissance Technologies fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $185M.
- Renaissance Technologies's ten largest holdings make up 8% of its $52.5B portfolio in Q2 2016.
- Renaissance Technologies opened 423 new positions and closed 474 in Q2 2016.
- Renaissance Technologies's portfolio value fell 0.13% quarter-over-quarter to $52.5B.
Based on Renaissance Technologies's 13F filing for Q2 2016, filed 12 Aug 2016.