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 | |
|---|---|---|---|---|---|---|
601
WEC Energy
WEC
$37.1B
| $23.9M | 0.04% |
+398,702
| New | +$24.9M |
|
602
Federated Hermes
FHI
$4.5B
| $23.8M | 0.04% |
804,300
+142,800
| +22% | +$4.47M |
|
|
SINA
603
DELISTED
Sina Corp
SINA
| $23.7M | 0.04% |
+320,800
| New | +$21.2M |
|
604
Bank of Montreal
BMO
$125B
| $23.6M | 0.04% |
359,695
+246,895
| +219% | +$16M |
|
605
Tucows
TCX
$95.5M
| $23.6M | 0.04% |
736,651
+2,500
| +0.3% | +$70.3K |
|
606
Hain Celestial
HAIN
$46M
| $23.6M | 0.04% |
+662,222
| New | +$29M |
|
|
BPL
607
DELISTED
Buckeye Partners, L.P.
BPL
| $23.5M | 0.04% |
328,534
-42,700
| -12% | -$3.04M |
|
608
Qualys
QLYS
$4.75B
| $23.5M | 0.04% |
615,800
+93,400
| +18% | +$3.13M |
|
|
PBPB
609
DELISTED
Potbelly
PBPB
| $23.4M | 0.04% |
1,885,300
+190,200
| +11% | +$2.46M |
|
|
FRAN
610
DELISTED
Francesca's Holdings Corporation
FRAN
| $23.4M | 0.04% |
126,492
-28,566
| -18% | -$4.67M |
|
|
NVMI
611
Nova
NVMI
$13.6B
| $23.4M | 0.04% |
1,980,559
+53,959
| +3% | +$625K |
|
|
ACC
612
DELISTED
American Campus Communities, Inc.
ACC
| $23.3M | 0.04% |
458,900
-104,600
| -19% | -$5.37M |
|
613
SM Energy
SM
$7.26B
| $23.3M | 0.04% |
603,400
+376,200
| +166% | +$12.1M |
|
614
Southside Bancshares
SBSI
$966M
| $23.2M | 0.04% |
738,248
+60,784
| +9% | +$1.89M |
|
|
BRSL
615
Brightstar Lottery PLC
BRSL
$1.93B
| $23.2M | 0.04% |
950,200
+385,600
| +68% | +$8.51M |
|
|
GOV
616
DELISTED
Government Properties Income Trust
GOV
| $23.1M | 0.04% |
1,020,600
+307,100
| +43% | +$7.19M |
|
|
BBBY
617
DELISTED
Bed Bath & Beyond Inc
BBBY
| $23M | 0.04% |
532,960
-561,000
| -51% | -$24.9M |
|
618
RE/MAX Holdings
RMAX
$207M
| $22.9M | 0.04% |
523,900
+57,400
| +12% | +$2.43M |
|
|
CSOD
619
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $22.9M | 0.04% |
498,600
+61,099
| +14% | +$2.68M |
|
|
HOLX
620
DELISTED
Hologic
HOLX
| $22.9M | 0.04% |
+590,018
| New | +$22.3M |
|
621
Blackstone
BX
$106B
| $22.9M | 0.04% |
+895,900
| New | +$23.6M |
|
622
Allegion
ALLE
$13.4B
| $22.9M | 0.04% |
331,900
-56,200
| -14% | -$3.96M |
|
|
CCMP
623
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $22.8M | 0.04% |
431,500
-25,300
| -6% | -$1.24M |
|
624
Rollins
ROL
$18.8B
| $22.8M | 0.04% |
1,753,369
-619,875
| -26% | -$7.89M |
|
625
IDT Corp
IDT
$1.63B
| $22.8M | 0.04% |
1,564,019
+45,980
| +3% | +$588K |
|
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.