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 | |
|---|---|---|---|---|---|---|
3326
BHP
BHP
$213B
| – | – |
-446,831
| Closed | -$11.4M |
|
3327
Brookfield Infrastructure Partners
BIP
$19.3B
| – | – |
-511,308
| Closed | -$9.16M |
|
3328
Buckle
BKE
$2.35B
| – | – |
-170,100
| Closed | -$4.42M |
|
|
BLD
3329
DELISTED
TopBuild
BLD
| – | – |
-48,000
| Closed | -$1.74M |
|
|
BLUE
3330
DELISTED
bluebird bio
BLUE
| – | – |
-6,369
| Closed | -$3.57M |
|
3331
Boot Barn
BOOT
$4.81B
| – | – |
-59,600
| Closed | -$514K |
|
3332
BP
BP
$107B
| – | – |
-1,752,320
| Closed | -$52.4M |
|
3333
Baytex Energy
BTE
$2.86B
| – | – |
-955,741
| Closed | -$5.53M |
|
3334
Cheesecake Factory
CAKE
$4.42B
| – | – |
-192,045
| Closed | -$9.24M |
|
|
CARM
3335
DELISTED
Carisma Therapeutics
CARM
| – | – |
-5,925
| Closed | -$198K |
|
3336
Cerus
CERS
$585M
| – | – |
-21,400
| Closed | -$134K |
|
3337
Citizens Financial Group
CFG
$30.8B
| – | – |
-30,200
| Closed | -$603K |
|
3338
Coherus Oncology
CHRS
$222M
| – | – |
-94,500
| Closed | -$1.6M |
|
3339
Cigna
CI
$79.6B
| – | – |
-401,700
| Closed | -$51.4M |
|
3340
CEMIG Preferred Shares
CIG
$6.21B
| – | – |
-143,015
| Closed | -$161K |
|
|
CIM
3341
Chimera Investment
CIM
$1.06B
| – | – |
-19,287
| Closed | -$908K |
|
3342
Centene
CNC
$31.6B
| – | – |
-400,406
| Closed | -$14.3M |
|
3343
CONMED
CNMD
$1.33B
| – | – |
-49,081
| Closed | -$2.34M |
|
3344
Columbia Banking Systems
COLB
$8.84B
| – | – |
-181,279
| Closed | -$5.09M |
|
3345
Coty
COTY
$2.45B
| – | – |
-118,600
| Closed | -$3.08M |
|
|
CRESY
3346
Cresud
CRESY
$808M
| – | – |
-135,671
| Closed | -$1.71M |
|
3347
Carter's
CRI
$1.45B
| – | – |
-149,700
| Closed | -$15.9M |
|
3348
Cirrus Logic
CRUS
$6.87B
| – | – |
-119,613
| Closed | -$4.64M |
|
3349
Caesarstone
CSTE
$71.6M
| – | – |
-18,140
| Closed | -$631K |
|
3350
CubeSmart
CUBE
$9.62B
| – | – |
-693,000
| Closed | -$21.4M |
|
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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.