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 |
Microsoft
MSFT
|
+$316M |
| 2 |
Alibaba
BABA
|
+$185M |
| 3 |
Verizon
VZ
|
+$135M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$131M |
| 5 |
McKesson
MCK
|
+$126M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$449M |
| 2 |
Gilead Sciences
GILD
|
+$297M |
| 3 |
Meta Platforms (Facebook)
META
|
+$218M |
| 4 |
Intel
INTC
|
+$215M |
| 5 |
Coca-Cola
KO
|
+$198M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.5% |
| 2 | Technology | 12.69% |
| 3 | Industrials | 10.47% |
| 4 | Financials | 10.17% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3351
Starbucks
SBUX
$118B
| – | – |
-1,525,784
| Closed | -$72.2M |
|
3352
Southern Copper
SCCO
$141B
| – | – |
-71,471
| Closed | -$1.93M |
|
3353
Service Corp International
SCI
$11.4B
| – | – |
-35,400
| Closed | -$922K |
|
3354
Star Group
SGU
$415M
| – | – |
-62,200
| Closed | -$460K |
|
3355
Steven Madden
SHOO
$3.18B
| – | – |
-350,367
| Closed | -$8.88M |
|
3356
Sun Life Financial
SLF
$46B
| – | – |
-138,600
| Closed | -$4.27M |
|
3357
SL Green Realty
SLG
$3.83B
| – | – |
-16,838
| Closed | -$2.09M |
|
3358
Standard Motor Products
SMP
$867M
| – | – |
-8,400
| Closed | -$355K |
|
3359
Snap-on
SNA
$21.1B
| – | – |
-188,900
| Closed | -$27.8M |
|
3360
Synopsys
SNPS
$74.5B
| – | – |
-405,634
| Closed | -$18.8M |
|
3361
SuperCom
SPCB
$69.2M
| – | – |
-192
| Closed | -$322K |
|
3362
Sasol
SSL
$7.34B
| – | – |
-183,600
| Closed | -$6.25M |
|
3363
STAAR Surgical
STAA
$1.14B
| – | – |
-17,600
| Closed | -$131K |
|
3364
Stratasys
SSYS
$700M
| – | – |
-213,125
| Closed | -$11.2M |
|
3365
Steel Dynamics
STLD
$36.1B
| – | – |
-510,200
| Closed | -$10.3M |
|
3366
STMicroelectronics
STM
$47.7B
| – | – |
-192,324
| Closed | -$1.78M |
|
3367
Sun Communities
SUI
$15B
| – | – |
-5,100
| Closed | -$340K |
|
|
SVC
3368
Service Properties Trust
SVC
$1.08B
| – | – |
-8,559
| Closed | -$1.4M |
|
3369
Standex International
SXI
$3.75B
| – | – |
-24,300
| Closed | -$2M |
|
3370
Synchrony
SYF
$24.5B
| – | – |
-67,400
| Closed | -$2.05M |
|
3371
Sysco
SYY
$40.2B
| – | – |
-646,500
| Closed | -$24.4M |
|
3372
TAL Education Group
TAL
$5.86B
| – | – |
-168,600
| Closed | -$933K |
|
|
TBI
3373
Trueblue
TBI
$237M
| – | – |
-129,800
| Closed | -$3.16M |
|
3374
Texas Capital Bancshares
TCBI
$4.28B
| – | – |
-68,700
| Closed | -$3.34M |
|
3375
TransDigm Group
TDG
$71.9B
| – | – |
-85,700
| Closed | -$18.7M |
|
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Renaissance Technologies's Q2 2015 Portfolio in Review
As of Q2 2015, Renaissance Technologies held 3,611 positions worth $43.9B, down 6.5% from $47B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Renaissance Technologies withdrew a net $2.38B in Q2 2015, closing 415 positions and reducing 921 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $218M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Technology and Industrials.
Against the trend, Renaissance Technologies opened a new position in Microsoft worth $306M.
- Renaissance Technologies's largest Q2 2015 buy was Microsoft: 6,935,684 shares worth $306M.
- Renaissance Technologies added most to Alphabet (Google) Class C in Q2 2015, an estimated $131M increase.
- Renaissance Technologies's biggest Q2 2015 reduction was Amazon, cutting an estimated $449M.
- Renaissance Technologies fully exited Meta Platforms (Facebook) in Q2 2015, selling an estimated $218M.
- Renaissance Technologies's ten largest holdings make up 9.7% of its $43.9B portfolio in Q2 2015.
- Renaissance Technologies opened 478 new positions and closed 415 in Q2 2015.
- Renaissance Technologies's portfolio value fell 6.5% quarter-over-quarter to $43.9B.
Based on Renaissance Technologies's 13F filing for Q2 2015, filed 14 Aug 2015.