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 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$237M |
| 2 |
AbbVie
ABBV
|
+$190M |
| 3 |
FedEx
FDX
|
+$149M |
| 4 |
Sysco
SYY
|
+$133M |
| 5 |
Coca-Cola
KO
|
+$125M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$306M |
| 2 |
Apple
AAPL
|
+$215M |
| 3 |
Union Pacific
UNP
|
+$193M |
| 4 |
Walmart Inc
WMT
|
+$185M |
| 5 |
Alibaba
BABA
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.17% |
| 2 | Financials | 11.79% |
| 3 | Technology | 11.07% |
| 4 | Consumer Staples | 10.39% |
| 5 | Industrials | 9.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $25.2M | 0.06% |
510,700
-34,600
| -6% | -$1.75M |
|
402
Kohl's
KSS
$2.16B
| $25.2M | 0.06% |
544,800
-404,700
| -43% | -$22.8M |
|
|
NFBK
403
DELISTED
Northfield Bancorp
NFBK
| $25.1M | 0.06% |
1,647,568
+157,050
| +11% | +$2.38M |
|
|
BIG
404
DELISTED
Big Lots, Inc.
BIG
| $25M | 0.06% |
522,700
+96,700
| +23% | +$4.3M |
|
405
Gaming and Leisure Properties
GLPI
$13B
| $24.9M | 0.06% |
837,267
+177,611
| +27% | +$5.79M |
|
|
CVC
406
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $24.8M | 0.06% |
762,300
-732,900
| -49% | -$20M |
|
407
Vail Resorts
MTN
$5.6B
| $24.7M | 0.06% |
236,400
+127,200
| +116% | +$13.8M |
|
408
Equity Residential
EQR
$25.5B
| $24.6M | 0.06% |
327,400
-307,300
| -48% | -$22.6M |
|
|
CY
409
DELISTED
Cypress Semiconductor
CY
| $24.6M | 0.06% |
2,883,159
+309,980
| +12% | +$3.25M |
|
410
Rayonier
RYN
$6.64B
| $24.4M | 0.06% |
1,220,771
-148,692
| -11% | -$3.22M |
|
411
Repligen
RGEN
$8.2B
| $24.4M | 0.06% |
874,790
-75,314
| -8% | -$2.72M |
|
|
CXO
412
DELISTED
CONCHO RESOURCES INC.
CXO
| $24.4M | 0.06% |
+247,800
| New | +$26M |
|
413
Halliburton
HAL
$26.1B
| $24.3M | 0.06% |
687,795
-1,219,000
| -64% | -$48M |
|
|
OPLN
414
Openlane
OPLN
$4.27B
| $24.3M | 0.06% |
1,809,183
+204,168
| +13% | +$2.9M |
|
415
CenterPoint Energy
CNP
$28.8B
| $24.3M | 0.06% |
1,344,842
-649,858
| -33% | -$12.1M |
|
416
Bank of Montreal
BMO
$127B
| $24.3M | 0.06% |
444,695
+26,100
| +6% | +$1.43M |
|
417
Alexandria Real Estate Equities
ARE
$9.41B
| $24.2M | 0.06% |
285,720
+142,420
| +99% | +$12.8M |
|
418
Jack Henry & Associates
JKHY
$11.2B
| $24.2M | 0.06% |
347,520
-32,480
| -9% | -$2.23M |
|
|
SBY
419
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $24M | 0.06% |
1,501,600
+603,700
| +67% | +$9.82M |
|
420
Equinix
EQIX
$102B
| $24M | 0.06% |
87,894
-3,232
| -4% | -$886K |
|
421
Baxter International
BAX
$12.6B
| $23.9M | 0.06% |
+728,232
| New | +$27.6M |
|
422
Evercore
EVR
$13.2B
| $23.9M | 0.06% |
474,900
-103,700
| -18% | -$5.68M |
|
423
MSCI
MSCI
$42.1B
| $23.8M | 0.06% |
400,421
+285,621
| +249% | +$18M |
|
|
VIVO
424
DELISTED
Meridian Bioscience Inc
VIVO
| $23.8M | 0.06% |
1,391,255
+186,579
| +15% | +$3.41M |
|
|
DF
425
DELISTED
Dean Foods Company
DF
| $23.8M | 0.06% |
1,439,200
+1,034,800
| +256% | +$17.7M |
|
Similar funds
Renaissance Technologies's Q3 2015 Portfolio in Review
As of Q3 2015, Renaissance Technologies held 3,649 positions worth $41.9B, down 4.5% from $43.9B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Renaissance Technologies deployed $1.51B of net new capital in Q3 2015, opening 454 new positions and adding to 1,731 existing holdings. Its largest new stake was FedEx: 936,400 shares worth $135M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 13% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was Walmart Inc, an estimated $185M trimmed.
- Renaissance Technologies's largest Q3 2015 buy was FedEx: 936,400 shares worth $135M.
- Renaissance Technologies added most to SIGMA - ALDRICH CORP in Q3 2015, an estimated $237M increase.
- Renaissance Technologies's biggest Q3 2015 reduction was Walmart Inc, cutting an estimated $185M.
- Renaissance Technologies fully exited Microsoft in Q3 2015, selling an estimated $306M.
- Renaissance Technologies's ten largest holdings make up 9.9% of its $41.9B portfolio in Q3 2015.
- Renaissance Technologies opened 454 new positions and closed 519 in Q3 2015.
- Renaissance Technologies's portfolio value fell 4.5% quarter-over-quarter to $41.9B.
Based on Renaissance Technologies's 13F filing for Q3 2015, filed 12 Nov 2015.