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 | |
|---|---|---|---|---|---|---|
526
Arista Networks
ANET
$215B
| $27.2M | 0.05% |
5,107,200
+4,288,000
| +523% | +$20.4M |
|
|
XOXO
527
DELISTED
Xo Group Inc
XOXO
| $27.1M | 0.05% |
1,404,500
+60,300
| +4% | +$1.11M |
|
528
Glacier Bancorp
GBCI
$6.38B
| $27.1M | 0.05% |
948,800
-14,660
| -2% | -$414K |
|
529
National Fuel Gas
NFG
$7.67B
| $27M | 0.05% |
499,500
+165,000
| +49% | +$9.33M |
|
530
Cognizant
CTSH
$22.3B
| $27M | 0.05% |
565,752
+140,500
| +33% | +$7.99M |
|
531
FormFactor
FORM
$7.7B
| $27M | 0.05% |
2,485,522
+95,900
| +4% | +$965K |
|
532
Haverty Furniture Companies
HVT
$406M
| $26.9M | 0.05% |
1,344,300
+8,600
| +0.6% | +$168K |
|
|
EGOV
533
DELISTED
NIC Inc
EGOV
| $26.9M | 0.05% |
1,145,260
-165,140
| -13% | -$3.8M |
|
|
CALD
534
DELISTED
Callidus Software, Inc.
CALD
| $26.9M | 0.05% |
1,464,600
-83,600
| -5% | -$1.63M |
|
535
FirstCash
FCFS
$9.06B
| $26.9M | 0.05% |
570,814
+485,914
| +572% | +$24.4M |
|
|
RAX
536
DELISTED
Rackspace Hosting Inc
RAX
| $26.8M | 0.05% |
847,200
+134,500
| +19% | +$3.71M |
|
|
FLTX
537
DELISTED
Fleetmatics Group PLC
FLTX
| $26.8M | 0.05% |
447,400
-150,700
| -25% | -$8.24M |
|
|
DGI
538
DELISTED
DigitalGlobe Inc.
DGI
| $26.8M | 0.05% |
975,800
+9,025
| +0.9% | +$231K |
|
539
EOG Resources
EOG
$74.7B
| $26.8M | 0.05% |
+276,800
| New | +$24.3M |
|
|
PSB
540
DELISTED
PS Business Parks, Inc.
PSB
| $26.7M | 0.05% |
235,400
-51,000
| -18% | -$5.63M |
|
541
Newell Brands
NWL
$2.2B
| $26.7M | 0.05% |
506,927
-81,500
| -14% | -$4.21M |
|
542
Renasant Corp
RNST
$4B
| $26.7M | 0.05% |
793,239
-34,810
| -4% | -$1.17M |
|
|
IBA
543
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $26.7M | 0.05% |
531,400
-3,036
| -0.6% | -$158K |
|
|
TCF
544
DELISTED
TCF Financial Corporation
TCF
| $26.6M | 0.05% |
1,835,700
-205,600
| -10% | -$2.85M |
|
545
Perdoceo Education
PRDO
$1.99B
| $26.6M | 0.05% |
3,920,800
+347,500
| +10% | +$2.36M |
|
546
Ituran Location and Control
ITRN
$1.09B
| $26.6M | 0.05% |
1,005,900
+49,400
| +5% | +$1.22M |
|
547
Glaukos
GKOS
$8.92B
| $26.6M | 0.05% |
705,200
+580,800
| +467% | +$19.2M |
|
548
Booz Allen Hamilton
BAH
$8.59B
| $26.6M | 0.05% |
841,494
+196,900
| +31% | +$6.01M |
|
549
Kennametal
KMT
$2.69B
| $26.5M | 0.05% |
914,400
+493,900
| +117% | +$13.1M |
|
|
COL
550
DELISTED
Rockwell Collins
COL
| $26.5M | 0.05% |
+314,200
| New | +$26.5M |
|
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.