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 | |
|---|---|---|---|---|---|---|
251
Cogent Communications
CCOI
$616M
| $54.4M | 0.1% |
1,479,100
-57,200
| -4% | -$2.21M |
|
252
Etsy
ETSY
$7.91B
| $54.2M | 0.1% |
3,795,700
+1,572,100
| +71% | +$19.9M |
|
253
Dominion Energy
D
$61.9B
| $53.9M | 0.1% |
725,500
+243,200
| +50% | +$18.5M |
|
254
Valmont Industries
VMI
$9.52B
| $53.9M | 0.1% |
400,200
+6,200
| +2% | +$817K |
|
|
RHT
255
DELISTED
Red Hat Inc
RHT
| $53.9M | 0.1% |
666,265
+231,600
| +53% | +$17.2M |
|
256
Logitech
LOGI
$15.4B
| $53.5M | 0.09% |
2,384,442
+317,900
| +15% | +$6.38M |
|
257
DuPont de Nemours
DD
$18.8B
| $53.1M | 0.09% |
404,437
+395,908
| +4,642% | +$52.8M |
|
258
L3Harris
LHX
$56.6B
| $52.5M | 0.09% |
+573,059
| New | +$50.9M |
|
|
PDM
259
Piedmont Realty Trust
PDM
$1.23B
| $52.5M | 0.09% |
2,409,600
-611,700
| -20% | -$13.1M |
|
260
Healthpeak Properties
DOC
$15.5B
| $52.3M | 0.09% |
1,512,166
+164,591
| +12% | +$5.76M |
|
|
RPAI
261
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $52.2M | 0.09% |
3,107,200
-28,383
| -0.9% | -$483K |
|
|
AHL
262
DELISTED
ASPEN Insurance Holding Limited
AHL
| $51.9M | 0.09% |
1,113,616
+246,416
| +28% | +$11.2M |
|
263
Everest Group
EG
$15.4B
| $51.4M | 0.09% |
270,700
+20,200
| +8% | +$3.8M |
|
264
Loews
L
$24.3B
| $51.2M | 0.09% |
1,244,300
-139,300
| -10% | -$5.72M |
|
265
Newmont
NEM
$98.6B
| $51M | 0.09% |
1,299,300
+826,300
| +175% | +$34.3M |
|
|
ETP
266
DELISTED
Energy Transfer Partners L.p.
ETP
| $51M | 0.09% |
+1,378,431
| New | +$54.2M |
|
|
CHS
267
DELISTED
Chicos FAS, Inc.
CHS
| $51M | 0.09% |
4,285,300
+183,895
| +4% | +$2.17M |
|
268
Philips
PHG
$24.6B
| $51M | 0.09% |
2,326,801
+860,470
| +59% | +$17.6M |
|
|
PINC
269
DELISTED
Premier
PINC
| $51M | 0.09% |
1,575,700
+738,800
| +88% | +$23.9M |
|
|
MRSH
270
Marsh
MRSH
$87.7B
| $50.7M | 0.09% |
+754,500
| New | +$50.5M |
|
|
CVA
271
DELISTED
Covanta Holding Corporation
CVA
| $50.6M | 0.09% |
3,289,400
+367,084
| +13% | +$5.71M |
|
272
Dick's Sporting Goods
DKS
$18.3B
| $50.3M | 0.09% |
886,400
+249,100
| +39% | +$13.7M |
|
273
Keurig Dr Pepper
KDP
$40.8B
| $50.2M | 0.09% |
549,400
-233,000
| -30% | -$22.1M |
|
274
Sony
SONY
$130B
| $49.9M | 0.09% |
7,520,000
-1,017,500
| -12% | -$6.52M |
|
275
Monster Beverage
MNST
$93.1B
| $49.8M | 0.09% |
2,034,000
+905,400
| +80% | +$23.5M |
|
Similar funds
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.