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 | |
|---|---|---|---|---|---|---|
1326
STMicroelectronics
STM
$44.7B
| $7.51M | 0.01% |
1,278,046
-153,078
| -11% | -$879K |
|
1327
Comtech Telecommunications
CMTL
$51.5M
| $7.51M | 0.01% |
584,850
+188,700
| +48% | +$3.96M |
|
1328
Tennant Co
TNC
$1.5B
| $7.48M | 0.01% |
138,800
+20,300
| +17% | +$1.08M |
|
|
NXGN
1329
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $7.47M | 0.01% |
626,831
-869
| -0.1% | -$11.7K |
|
1330
Regal Rexnord
RRX
$13.5B
| $7.46M | 0.01% |
135,600
-156,500
| -54% | -$9.41M |
|
|
ITC
1331
DELISTED
ITC HOLDINGS CORP
ITC
| $7.46M | 0.01% |
+159,400
| New | +$7.07M |
|
|
XIN
1332
DELISTED
Xinyuan Real Estate
XIN
| $7.46M | 0.01% |
152,140
-1,670
| -1% | -$83.8K |
|
1333
Independent Bank
INDB
$4.1B
| $7.45M | 0.01% |
163,108
-15,900
| -9% | -$742K |
|
|
MXIM
1334
DELISTED
Maxim Integrated Products
MXIM
| $7.45M | 0.01% |
208,700
-357,900
| -63% | -$13.1M |
|
1335
Sun Life Financial
SLF
$46.6B
| $7.43M | 0.01% |
226,700
-61,700
| -21% | -$2.07M |
|
|
ELOS
1336
DELISTED
Syneron Medical Ltd
ELOS
| $7.42M | 0.01% |
965,106
+36,300
| +4% | +$259K |
|
1337
Seacoast Banking Corp of Florida
SBCF
$3.27B
| $7.42M | 0.01% |
456,900
+71,600
| +19% | +$1.16M |
|
1338
Powell Industries
POWL
$7.32B
| $7.41M | 0.01% |
564,900
+112,500
| +25% | +$1.26M |
|
1339
Generac Holdings
GNRC
$11.5B
| $7.39M | 0.01% |
211,400
-135,300
| -39% | -$4.99M |
|
|
VNET
1340
VNET Group
VNET
$1.92B
| $7.38M | 0.01% |
723,300
+82,600
| +13% | +$1.32M |
|
1341
ArcBest
ARCB
$3.33B
| $7.38M | 0.01% |
454,400
-170,635
| -27% | -$3.09M |
|
1342
VF Corp
VFC
$7.16B
| $7.38M | 0.01% |
127,440
-366,390
| -74% | -$21.7M |
|
|
CAMP
1343
DELISTED
CalAmp Corp.
CAMP
| $7.38M | 0.01% |
21,657
+7,422
| +52% | +$2.61M |
|
|
UMPQ
1344
DELISTED
Umpqua Holdings Corp
UMPQ
| $7.38M | 0.01% |
476,700
+266,700
| +127% | +$4.16M |
|
1345
Artesian Resources
ARTNA
$361M
| $7.36M | 0.01% |
217,000
-8,443
| -4% | -$243K |
|
|
ARGO
1346
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $7.36M | 0.01% |
163,027
+14,880
| +10% | +$671K |
|
|
CVG
1347
DELISTED
Convergys
CVG
| $7.36M | 0.01% |
294,200
+193,100
| +191% | +$5.21M |
|
1348
Ducommun
DCO
$2.68B
| $7.33M | 0.01% |
370,800
+45,000
| +14% | +$767K |
|
1349
Commercial Metals
CMC
$7.8B
| $7.33M | 0.01% |
433,800
-791,200
| -65% | -$13.6M |
|
|
DHC
1350
Diversified Healthcare Trust
DHC
$2.23B
| $7.33M | 0.01% |
351,700
-468,500
| -57% | -$8.73M |
|
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.