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 | |
|---|---|---|---|---|---|---|
701
Mercury Systems
MRCY
$6.23B
| $19.3M | 0.04% |
774,435
-181,200
| -19% | -$3.9M |
|
702
Cisco
CSCO
$452B
| $19.2M | 0.04% |
+670,600
| New | +$18.8M |
|
|
NFX
703
DELISTED
Newfield Exploration
NFX
| $19.2M | 0.04% |
435,500
-545,500
| -56% | -$20.9M |
|
|
CONE
704
DELISTED
CyrusOne Inc Common Stock
CONE
| $19.2M | 0.04% |
345,586
+247,900
| +254% | +$11.9M |
|
|
GES
705
DELISTED
Guess Inc
GES
| $19.2M | 0.04% |
1,278,000
-150,700
| -11% | -$2.49M |
|
706
Unifirst Corp
UNF
$5.38B
| $19.2M | 0.04% |
166,100
+16,100
| +11% | +$1.8M |
|
707
Range Resources
RRC
$8.85B
| $19.2M | 0.04% |
445,350
-94,600
| -18% | -$3.87M |
|
708
Scotiabank
BNS
$106B
| $19.2M | 0.04% |
391,700
-35,408
| -8% | -$1.74M |
|
709
National Healthcare
NHC
$3.53B
| $19.2M | 0.04% |
296,300
-9,100
| -3% | -$578K |
|
710
Booz Allen Hamilton
BAH
$8.59B
| $19.1M | 0.04% |
+644,594
| New | +$18.5M |
|
711
Sabre
SABR
$704M
| $19.1M | 0.04% |
712,700
+210,300
| +42% | +$5.91M |
|
|
HAWK
712
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $19.1M | 0.04% |
569,763
-190,300
| -25% | -$6.35M |
|
|
EOCC
713
DELISTED
Enel Generacion Chile S.A.
EOCC
| $19.1M | 0.04% |
687,900
+153,539
| +29% | +$4.16M |
|
714
Public Service Enterprise Group
PEG
$39.5B
| $19.1M | 0.04% |
+409,000
| New | +$18.6M |
|
|
NUVA
715
DELISTED
NuVasive, Inc.
NUVA
| $19.1M | 0.04% |
319,188
+58,988
| +23% | +$3.19M |
|
716
Canadian Imperial Bank of Commerce
CM
$108B
| $19M | 0.04% |
507,400
+53,400
| +12% | +$2.08M |
|
717
Federated Hermes
FHI
$4.5B
| $19M | 0.04% |
661,500
+8,800
| +1% | +$269K |
|
718
National Fuel Gas
NFG
$7.67B
| $19M | 0.04% |
334,500
+154,300
| +86% | +$8.33M |
|
|
GOOD
719
Gladstone Commercial Corp
GOOD
$627M
| $19M | 0.04% |
1,124,800
+148,100
| +15% | +$2.49M |
|
720
American Public Education
APEI
$907M
| $19M | 0.04% |
675,300
+74,700
| +12% | +$1.85M |
|
721
Stewart Information Services
STC
$2.02B
| $18.9M | 0.04% |
457,200
-16,600
| -4% | -$611K |
|
722
First Merchants
FRME
$2.69B
| $18.9M | 0.04% |
759,329
-37,700
| -5% | -$937K |
|
|
LGTY
723
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $18.9M | 0.04% |
1,802,400
+17,495
| +1% | +$165K |
|
|
MTSC
724
DELISTED
MTS Systems Corp
MTSC
| $18.9M | 0.04% |
430,818
+37,018
| +9% | +$1.86M |
|
725
Ribbon Communications
RBBN
$359M
| $18.8M | 0.04% |
2,168,689
+266,724
| +14% | +$2.22M |
|
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.