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 | |
|---|---|---|---|---|---|---|
376
Emergent Biosolutions
EBS
$375M
| $35.8M | 0.07% |
1,274,211
+161,400
| +15% | +$6.33M |
|
377
Kearny Financial
KRNY
$592M
| $35.8M | 0.07% |
2,843,845
-266,176
| -9% | -$3.41M |
|
378
American States Water
AWR
$3.39B
| $35.5M | 0.07% |
811,100
-103,400
| -11% | -$4.17M |
|
|
NGD
379
DELISTED
New Gold Inc
NGD
| $35.3M | 0.07% |
8,069,100
+2,363,300
| +41% | +$9.97M |
|
380
Clean Harbors
CLH
$16.1B
| $35.3M | 0.07% |
677,800
+90,298
| +15% | +$4.52M |
|
381
Brown-Forman Class B
BF.B
$12B
| $35.3M | 0.07% |
1,105,078
+714,375
| +183% | +$22.1M |
|
382
Williams-Sonoma
WSM
$26.7B
| $35.3M | 0.07% |
1,352,600
-110,800
| -8% | -$3.04M |
|
|
CSC
383
DELISTED
Computer Sciences
CSC
| $35.2M | 0.07% |
709,900
+556,200
| +362% | +$22.5M |
|
384
NETGEAR
NTGR
$669M
| $35.2M | 0.07% |
741,300
-32,600
| -4% | -$1.4M |
|
|
DENN
385
DELISTED
Denny's
DENN
| $35.2M | 0.07% |
3,281,211
-576,400
| -15% | -$6.08M |
|
386
Wabtec
WAB
$51.1B
| $35.2M | 0.07% |
+501,200
| New | +$38.9M |
|
387
Ciena
CIEN
$55.3B
| $35.2M | 0.07% |
1,876,700
-66,474
| -3% | -$1.2M |
|
388
MSC Industrial Direct
MSM
$7.02B
| $35M | 0.07% |
496,500
+166,900
| +51% | +$12.4M |
|
389
WSFS Financial
WSFS
$4.1B
| $34.9M | 0.07% |
1,083,105
+41,191
| +4% | +$1.4M |
|
390
US Physical Therapy
USPH
$1.14B
| $34.6M | 0.07% |
575,174
-62,926
| -10% | -$3.45M |
|
391
IQVIA
IQV
$34.7B
| $34.5M | 0.07% |
528,700
-131,400
| -20% | -$8.81M |
|
392
3M
MMM
$89B
| $34.5M | 0.07% |
235,373
-11,721
| -5% | -$1.65M |
|
393
Urban Outfitters
URBN
$5.99B
| $34.4M | 0.07% |
1,249,100
+909,000
| +267% | +$26.1M |
|
|
VIVO
394
DELISTED
Meridian Bioscience Inc
VIVO
| $34.3M | 0.07% |
1,761,076
+50,476
| +3% | +$990K |
|
395
Albany International
AIN
$2.14B
| $34.1M | 0.06% |
854,400
+92,100
| +12% | +$3.64M |
|
|
PLKI
396
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $34.1M | 0.06% |
623,444
-176,500
| -22% | -$9.62M |
|
397
Pinnacle West Capital
PNW
$12.9B
| $34M | 0.06% |
418,900
-719,400
| -63% | -$53.6M |
|
398
Littelfuse
LFUS
$10.2B
| $33.9M | 0.06% |
287,192
+5,900
| +2% | +$686K |
|
399
GameStop
GME
$9.5B
| $33.9M | 0.06% |
5,101,772
+4,982,964
| +4,194% | +$36.5M |
|
400
PENN Entertainment
PENN
$2.74B
| $33.9M | 0.06% |
2,429,600
+483,500
| +25% | +$7.57M |
|
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.