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 | |
|---|---|---|---|---|---|---|
|
CYNO
1051
DELISTED
Cynosure, Inc. Class A
CYNO
| $11.7M | 0.02% |
229,571
-41,000
| -15% | -$2.13M |
|
1052
ING
ING
$95.1B
| $11.7M | 0.02% |
945,210
-1,703,600
| -64% | -$19.8M |
|
|
JMEI
1053
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $11.7M | 0.02% |
199,310
+89,230
| +81% | +$4.26M |
|
|
HTO
1054
H2O America
HTO
$2.69B
| $11.7M | 0.02% |
266,800
+35,300
| +15% | +$1.47M |
|
|
CTWS
1055
DELISTED
Connecticut Water Service Inc
CTWS
| $11.7M | 0.02% |
234,300
+4,900
| +2% | +$246K |
|
1056
Pathward Financial
CASH
$1.87B
| $11.6M | 0.02% |
576,300
-138,198
| -19% | -$2.64M |
|
1057
Bassett Furniture
BSET
$171M
| $11.6M | 0.02% |
499,900
-7,500
| -1% | -$189K |
|
1058
Quanta Services
PWR
$88.3B
| $11.6M | 0.02% |
414,899
-8,300
| -2% | -$211K |
|
1059
Entegris
ENTG
$18B
| $11.6M | 0.02% |
664,690
+442,790
| +200% | +$7.26M |
|
|
TA
1060
DELISTED
TravelCenters of America LLC
TA
| $11.5M | 0.02% |
322,420
-8,780
| -3% | -$330K |
|
|
NAVG
1061
DELISTED
Navigators Group Inc
NAVG
| $11.5M | 0.02% |
238,000
-12,492
| -5% | -$579K |
|
|
BRKL
1062
DELISTED
Brookline Bancorp
BRKL
| $11.5M | 0.02% |
945,500
+5,690
| +0.6% | +$66.1K |
|
1063
Avient
AVNT
$3.41B
| $11.5M | 0.02% |
340,558
+136,200
| +67% | +$4.71M |
|
|
IBKC
1064
DELISTED
IBERIABANK Corp
IBKC
| $11.5M | 0.02% |
170,800
-22,500
| -12% | -$1.46M |
|
|
BBG
1065
DELISTED
Bill Barrett Corp
BBG
| $11.4M | 0.02% |
2,058,800
+1,054,400
| +105% | +$6.27M |
|
1066
Camden National
CAC
$977M
| $11.4M | 0.02% |
359,400
+74,700
| +26% | +$2.26M |
|
1067
Watsco Inc
WSO
$15.1B
| $11.4M | 0.02% |
81,000
-44,900
| -36% | -$6.43M |
|
1068
Oceaneering
OII
$4.78B
| $11.4M | 0.02% |
414,800
+87,800
| +27% | +$2.43M |
|
1069
Rogers Corp
ROG
$2.13B
| $11.4M | 0.02% |
186,600
+39,900
| +27% | +$2.42M |
|
|
HTCH
1070
DELISTED
HUTCHINSON TECHNOLOGY INC
HTCH
| $11.4M | 0.02% |
2,852,497
-115,800
| -4% | -$263K |
|
|
ARRS
1071
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $11.3M | 0.02% |
400,200
-280,600
| -41% | -$7.5M |
|
1072
Safety Insurance
SAFT
$1.51B
| $11.3M | 0.02% |
168,300
+5,914
| +4% | +$386K |
|
|
MB
1073
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $11.3M | 0.02% |
574,200
+418,700
| +269% | +$7.33M |
|
1074
Omega Healthcare
OHI
$15.4B
| $11.3M | 0.02% |
318,130
-281,800
| -47% | -$10M |
|
1075
Brookfield
BN
$104B
| $11.3M | 0.02% |
897,365
+363,795
| +68% | +$4.45M |
|
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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.