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 | |
|---|---|---|---|---|---|---|
|
BEAT
801
DELISTED
BioTelemetry, Inc.
BEAT
| $12.3M | 0.03% |
1,007,442
+299,342
| +42% | +$3.82M |
|
802
Washington Trust Bancorp
WASH
$748M
| $12.3M | 0.03% |
320,468
+53,031
| +20% | +$2.08M |
|
|
K
803
DELISTED
Kellanova
K
| $12.3M | 0.03% |
+197,132
| New | +$12.3M |
|
|
FARM
804
DELISTED
Farmer Brothers
FARM
| $12.3M | 0.03% |
451,200
+43,200
| +11% | +$1.02M |
|
805
Neogen
NEOG
$2.05B
| $12.3M | 0.03% |
727,315
+597,715
| +461% | +$11.8M |
|
806
Puma Biotechnology
PBYI
$398M
| $12.3M | 0.03% |
+162,600
| New | +$15.4M |
|
807
Flex
FLEX
$37.8B
| $12.2M | 0.03% |
1,541,780
+1,293,427
| +521% | +$10.5M |
|
808
Ambarella
AMBA
$3.04B
| $12.2M | 0.03% |
+211,600
| New | +$20M |
|
|
PAMT
809
PAMT Corp
PAMT
$360M
| $12.2M | 0.03% |
1,479,024
+99,616
| +7% | +$1.2M |
|
|
FLIR
810
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $12.2M | 0.03% |
435,700
-312,960
| -42% | -$9.24M |
|
811
Realty Income
O
$61.1B
| $12.2M | 0.03% |
265,327
+259,135
| +4,185% | +$11.7M |
|
812
Dolby
DLB
$4.97B
| $12.2M | 0.03% |
373,600
-131,900
| -26% | -$4.5M |
|
813
WEC Energy
WEC
$36.3B
| $12.2M | 0.03% |
232,877
-217,527
| -48% | -$10.6M |
|
814
Park Aerospace
PKE
$720M
| $12.1M | 0.03% |
690,500
+48,023
| +7% | +$849K |
|
|
UCB
815
United Community Banks
UCB
$4.26B
| $12.1M | 0.03% |
592,568
-46,838
| -7% | -$957K |
|
|
TIS
816
DELISTED
Orchids Paper Products, Inc.
TIS
| $12.1M | 0.03% |
463,100
-3,500
| -0.8% | -$88.2K |
|
817
EPR Properties
EPR
$4.89B
| $12.1M | 0.03% |
234,100
+72,622
| +45% | +$3.93M |
|
|
AHT
818
Ashford Hospitality Trust
AHT
$20.8M
| $12.1M | 0.03% |
2,001
-449
| -18% | -$3.58M |
|
819
Automatic Data Processing
ADP
$109B
| $12.1M | 0.03% |
150,000
-35,800
| -19% | -$2.87M |
|
820
Vera Bradley
VRA
$98.7M
| $12M | 0.03% |
955,300
-250,200
| -21% | -$2.9M |
|
|
ARC
821
DELISTED
ARC Document Solutions, Inc.
ARC
| $12M | 0.03% |
2,021,000
+175,400
| +10% | +$1.19M |
|
|
OUTR
822
DELISTED
OUTERWALL INC
OUTR
| $12M | 0.03% |
211,200
-75,414
| -26% | -$5.17M |
|
823
Bio-Rad Laboratories Class A
BIO
$8.76B
| $12M | 0.03% |
89,520
+30,020
| +50% | +$4.32M |
|
|
CUTR
824
DELISTED
Cutera, Inc.
CUTR
| $12M | 0.03% |
918,400
-11,170
| -1% | -$166K |
|
|
SWC
825
DELISTED
Stillwater Mining Co
SWC
| $12M | 0.03% |
1,162,800
+94,700
| +9% | +$906K |
|
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.