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 | |
|---|---|---|---|---|---|---|
|
SALE
876
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $15.1M | 0.03% |
1,956,000
+427,700
| +28% | +$3.26M |
|
|
BBL
877
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $15.1M | 0.03% |
+593,700
| New | +$14.6M |
|
|
BEAT
878
DELISTED
BioTelemetry, Inc.
BEAT
| $15.1M | 0.03% |
923,632
+49,732
| +6% | +$732K |
|
|
VRNT
879
DELISTED
Verint Systems
VRNT
| $15M | 0.03% |
891,339
-137,018
| -13% | -$2.37M |
|
|
UHT
880
Universal Health Realty Income Trust
UHT
$614M
| $15M | 0.03% |
262,800
+15,300
| +6% | +$844K |
|
|
NBL
881
DELISTED
Noble Energy, Inc.
NBL
| $15M | 0.03% |
418,277
+143,000
| +52% | +$5.03M |
|
882
Chemed
CHE
$6.76B
| $15M | 0.03% |
110,000
-38,200
| -26% | -$5.07M |
|
|
FLIR
883
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $15M | 0.03% |
483,200
-325,460
| -40% | -$10.2M |
|
|
TWO
884
Two Harbors Investment
TWO
$1.27B
| $14.9M | 0.03% |
217,825
-104,540
| -32% | -$6.88M |
|
|
FARM
885
DELISTED
Farmer Brothers
FARM
| $14.9M | 0.03% |
465,200
-9,300
| -2% | -$278K |
|
|
INFO
886
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $14.9M | 0.03% |
+456,700
| New | +$15.5M |
|
|
RAX
887
DELISTED
Rackspace Hosting Inc
RAX
| $14.9M | 0.03% |
712,700
+168,300
| +31% | +$3.93M |
|
|
UBNK
888
DELISTED
United Financial Bancorp, Inc.
UBNK
| $14.8M | 0.03% |
1,143,939
+61,400
| +6% | +$796K |
|
889
Ternium
TX
$9.37B
| $14.8M | 0.03% |
778,000
+143,000
| +23% | +$2.71M |
|
|
CORE
890
DELISTED
Core Mark Holding Co., Inc.
CORE
| $14.8M | 0.03% |
316,400
-222,000
| -41% | -$9.41M |
|
|
STRZA
891
DELISTED
Starz - Series A
STRZA
| $14.8M | 0.03% |
495,500
+55,500
| +13% | +$1.48M |
|
892
Future Fuel
FF
$203M
| $14.8M | 0.03% |
1,360,100
+77,100
| +6% | +$844K |
|
893
Seaboard Corp
SEB
$4.42B
| $14.7M | 0.03% |
5,121
+240
| +5% | +$704K |
|
894
Calix
CALX
$2.32B
| $14.7M | 0.03% |
2,126,300
+132,000
| +7% | +$903K |
|
|
BMS
895
DELISTED
Bemis
BMS
| $14.7M | 0.03% |
285,200
-572,500
| -67% | -$28.9M |
|
896
Encompass Health
EHC
$11.3B
| $14.7M | 0.03% |
474,769
-327,700
| -41% | -$10.3M |
|
|
SNP
897
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $14.6M | 0.03% |
203,330
+89,400
| +78% | +$6.11M |
|
898
Factset
FDS
$9.46B
| $14.6M | 0.03% |
90,600
-175,950
| -66% | -$27.2M |
|
899
Liberty Global Class A
LBTYA
$3.35B
| $14.6M | 0.03% |
503,087
-76,201
| -13% | -$2.47M |
|
|
RATE
900
DELISTED
Bankrate Inc
RATE
| $14.6M | 0.03% |
1,953,055
+872,655
| +81% | +$7.56M |
|
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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.