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 | |
|---|---|---|---|---|---|---|
1326
Nomad Foods
NOMD
$1.77B
| $7.67M | 0.01% |
649,300
+637,100
| +5,222% | +$6.4M |
|
|
REV
1327
DELISTED
Revlon, Inc.
REV
| $7.67M | 0.01% |
208,559
+1,500
| +0.7% | +$52.2K |
|
1328
American International
AIG
$42.5B
| $7.66M | 0.01% |
+129,060
| New | +$7.37M |
|
|
DRD
1329
DRDGold
DRD
$1.75B
| $7.64M | 0.01% |
1,542,670
+138,100
| +10% | +$944K |
|
1330
TTEC Holdings
TTEC
$124M
| $7.62M | 0.01% |
263,000
-50,700
| -16% | -$1.45M |
|
|
PRGX
1331
DELISTED
PRGX Global, Inc.
PRGX
| $7.61M | 0.01% |
1,616,180
+6,780
| +0.4% | +$33.2K |
|
|
FFKT
1332
DELISTED
Farmers Capital Bank Corp
FFKT
| $7.6M | 0.01% |
256,500
+1,500
| +0.6% | +$44.3K |
|
|
DSPG
1333
DELISTED
DSP Group Inc
DSPG
| $7.59M | 0.01% |
632,094
+31,494
| +5% | +$351K |
|
1334
Ingredion
INGR
$6.42B
| $7.57M | 0.01% |
+56,900
| New | +$7.6M |
|
|
MN
1335
DELISTED
MANNING & NAPIER, INC.
MN
| $7.57M | 0.01% |
1,067,900
+93,500
| +10% | +$750K |
|
1336
Norwegian Cruise Line
NCLH
$9.53B
| $7.54M | 0.01% |
200,100
-398,000
| -67% | -$15.4M |
|
|
EMKR
1337
DELISTED
Emcore Corp
EMKR
| $7.54M | 0.01% |
132,220
+11,460
| +9% | +$632K |
|
|
CIE
1338
DELISTED
Cobalt International Energy, Inc
CIE
| $7.52M | 0.01% |
404,440
+88,213
| +28% | +$1.64M |
|
1339
Baxter International
BAX
$12.8B
| $7.52M | 0.01% |
158,000
-425,200
| -73% | -$20.1M |
|
1340
IMAX
IMAX
$2.67B
| $7.52M | 0.01% |
259,600
-7,400
| -3% | -$225K |
|
|
NVRO
1341
DELISTED
NEVRO CORP.
NVRO
| $7.52M | 0.01% |
72,000
-13,500
| -16% | -$1.22M |
|
1342
SPS Commerce
SPSC
$2.55B
| $7.5M | 0.01% |
204,400
-23,200
| -10% | -$762K |
|
1343
Boyd Gaming
BYD
$6.75B
| $7.5M | 0.01% |
379,000
-458,500
| -55% | -$8.81M |
|
1344
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $7.5M | 0.01% |
+200,200
| New | +$7.32M |
|
|
PGND
1345
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $7.49M | 0.01% |
185,500
+39,300
| +27% | +$1.58M |
|
|
SONC
1346
DELISTED
Sonic Corp
SONC
| $7.49M | 0.01% |
+286,074
| New | +$7.88M |
|
|
BRS
1347
DELISTED
Bristow Group, Inc.
BRS
| $7.47M | 0.01% |
533,200
+155,600
| +41% | +$1.86M |
|
|
BKS
1348
DELISTED
Barnes & Noble
BKS
| $7.46M | 0.01% |
660,300
-268,800
| -29% | -$3.24M |
|
1349
Winnebago Industries
WGO
$900M
| $7.44M | 0.01% |
315,600
+40,600
| +15% | +$945K |
|
|
PTVCB
1350
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $7.43M | 0.01% |
290,073
+65,573
| +29% | +$1.7M |
|
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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.