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 | |
|---|---|---|---|---|---|---|
|
BBT
1301
Beacon Financial Corp
BBT
$2.51B
| $7.86M | 0.02% |
291,881
+41,600
| +17% | +$1.12M |
|
|
BNCN
1302
DELISTED
BNC Bancorp
BNCN
| $7.85M | 0.01% |
345,751
-4,149
| -1% | -$93.4K |
|
1303
California Water Service
CWT
$3.14B
| $7.82M | 0.01% |
224,000
-245,500
| -52% | -$7.2M |
|
|
HOS
1304
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $7.81M | 0.01% |
936,500
+81,800
| +10% | +$778K |
|
1305
Healthcare Realty
HR
$7.58B
| $7.8M | 0.01% |
241,272
-370,200
| -61% | -$11.2M |
|
|
REIS
1306
DELISTED
Reis, Inc.
REIS
| $7.78M | 0.01% |
312,300
+17,700
| +6% | +$426K |
|
|
PERY
1307
DELISTED
Perry Ellis International Inc
PERY
| $7.77M | 0.01% |
386,100
+45,200
| +13% | +$866K |
|
1308
Shopify
SHOP
$169B
| $7.75M | 0.01% |
2,520,000
+1,878,000
| +293% | +$5.49M |
|
1309
IPG Photonics
IPGP
$3.57B
| $7.74M | 0.01% |
96,800
-77,400
| -44% | -$6.81M |
|
|
MITL
1310
DELISTED
Mitel Networks Corporation
MITL
| $7.73M | 0.01% |
1,228,500
-136,143
| -10% | -$930K |
|
|
LORL
1311
DELISTED
Loral Space and Communications, Inc.
LORL
| $7.69M | 0.01% |
218,000
-47,700
| -18% | -$1.73M |
|
|
FFIC
1312
DELISTED
Flushing Financial
FFIC
| $7.69M | 0.01% |
386,660
+51,100
| +15% | +$1.04M |
|
1313
Apogee Enterprises
APOG
$873M
| $7.67M | 0.01% |
165,483
-2,900
| -2% | -$126K |
|
1314
Alamos Gold
AGI
$12.1B
| $7.62M | 0.01% |
885,983
-714,166
| -45% | -$4.89M |
|
1315
Western New England Bancorp
WNEB
$295M
| $7.61M | 0.01% |
987,927
+22,000
| +2% | +$169K |
|
1316
Allison Transmission
ALSN
$10B
| $7.59M | 0.01% |
268,900
+1,900
| +0.7% | +$52.8K |
|
1317
Willis Lease Finance
WLFC
$1.68B
| $7.59M | 0.01% |
1,023,951
+106,551
| +12% | +$847K |
|
|
MNR
1318
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $7.58M | 0.01% |
571,500
-127,900
| -18% | -$1.55M |
|
|
RDC
1319
DELISTED
Rowan Companies Plc
RDC
| $7.57M | 0.01% |
428,700
-29,100
| -6% | -$504K |
|
1320
OGE Energy
OGE
$10.2B
| $7.56M | 0.01% |
230,900
-625,800
| -73% | -$18.7M |
|
1321
Pitney Bowes
PBI
$2.41B
| $7.56M | 0.01% |
424,800
+270,100
| +175% | +$5.2M |
|
|
MASI
1322
DELISTED
Masimo
MASI
| $7.55M | 0.01% |
143,800
-88,900
| -38% | -$4.19M |
|
|
FPO
1323
DELISTED
First Potomac Realty Trust
FPO
| $7.54M | 0.01% |
819,300
+115,000
| +16% | +$1.02M |
|
|
ALEX
1324
DELISTED
Alexander & Baldwin
ALEX
| $7.53M | 0.01% |
208,300
+12,887
| +7% | +$475K |
|
1325
Imperial Oil
IMO
$60.8B
| $7.52M | 0.01% |
238,190
+41,400
| +21% | +$1.31M |
|
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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.