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 | |
|---|---|---|---|---|---|---|
626
lululemon athletica
LULU
$13.4B
| $21.6M | 0.04% |
+291,900
| New | +$19.4M |
|
627
FormFactor
FORM
$7.7B
| $21.5M | 0.04% |
2,389,622
+684,822
| +40% | +$5.15M |
|
628
CenterPoint Energy
CNP
$28.8B
| $21.5M | 0.04% |
894,100
+116,700
| +15% | +$2.58M |
|
629
TAL Education Group
TAL
$5.86B
| $21.5M | 0.04% |
2,074,200
+1,177,200
| +131% | +$10.8M |
|
|
PRA
630
DELISTED
ProAssurance
PRA
| $21.4M | 0.04% |
400,100
-60,500
| -13% | -$3.03M |
|
631
CubeSmart
CUBE
$9.57B
| $21.4M | 0.04% |
693,000
-1,362,400
| -66% | -$42.5M |
|
632
Service Corp International
SCI
$11.4B
| $21.4M | 0.04% |
791,200
-649,700
| -45% | -$17.1M |
|
633
Etsy
ETSY
$7.96B
| $21.3M | 0.04% |
2,223,600
+1,240,200
| +126% | +$11.1M |
|
634
Intuitive Surgical
ISRG
$128B
| $21.3M | 0.04% |
290,142
-679,788
| -70% | -$47.8M |
|
635
National Bank Holdings
NBHC
$1.89B
| $21.3M | 0.04% |
1,044,400
+175,000
| +20% | +$3.57M |
|
636
Perdoceo Education
PRDO
$1.99B
| $21.3M | 0.04% |
3,573,300
+391,838
| +12% | +$2.13M |
|
|
PBPB
637
DELISTED
Potbelly
PBPB
| $21.3M | 0.04% |
1,695,100
+206,900
| +14% | +$2.76M |
|
|
QTS
638
DELISTED
QTS REALTY TRUST, INC.
QTS
| $21.3M | 0.04% |
379,700
-189,200
| -33% | -$9.75M |
|
639
Lloyds Banking Group
LYG
$89B
| $21.2M | 0.04% |
7,152,734
+2,250,134
| +46% | +$8.81M |
|
|
CLDT
640
Chatham Lodging
CLDT
$643M
| $21.2M | 0.04% |
965,000
+114,600
| +13% | +$2.44M |
|
641
Braskem
BAK
$972M
| $21.2M | 0.04% |
1,785,300
+89,500
| +5% | +$1.11M |
|
|
TSS
642
DELISTED
Total System Services, Inc.
TSS
| $21.1M | 0.04% |
+397,665
| New | +$20.6M |
|
643
Vera Bradley
VRA
$106M
| $21.1M | 0.04% |
1,489,100
+355,800
| +31% | +$5.75M |
|
644
Thomson Reuters
TRI
$42.7B
| $21.1M | 0.04% |
449,806
+377,337
| +521% | +$18M |
|
|
NVMI
645
Nova
NVMI
$13.6B
| $21.1M | 0.04% |
1,926,600
+17,700
| +0.9% | +$198K |
|
646
Rambus
RMBS
$10.4B
| $21.1M | 0.04% |
1,743,900
-219,000
| -11% | -$2.67M |
|
|
IM
647
DELISTED
Ingram Micro
IM
| $21.1M | 0.04% |
605,400
+48,100
| +9% | +$1.68M |
|
648
American Eagle Outfitters
AEO
$2.98B
| $21M | 0.04% |
1,318,114
+1,076,251
| +445% | +$16.4M |
|
|
AVP
649
DELISTED
Avon Products, Inc.
AVP
| $21M | 0.04% |
5,552,479
+3,718,879
| +203% | +$16M |
|
|
DF
650
DELISTED
Dean Foods Company
DF
| $21M | 0.04% |
1,159,650
-1,061,000
| -48% | -$18.8M |
|
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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.