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 | |
|---|---|---|---|---|---|---|
1626
Luxfer Holdings
LXFR
$456M
| $4.78M | 0.01% |
412,700
-17,800
| -4% | -$207K |
|
1627
Crocs
CROX
$6.63B
| $4.78M | 0.01% |
575,600
+76,617
| +15% | +$734K |
|
|
EDGW
1628
DELISTED
Edgewater Technology Inc
EDGW
| $4.78M | 0.01% |
561,900
+500
| +0.1% | +$4.35K |
|
1629
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $4.76M | 0.01% |
34,600
-81,400
| -70% | -$11.3M |
|
|
CALL
1630
DELISTED
magicJack VocalTec Ltd
CALL
| $4.75M | 0.01% |
779,800
+114,000
| +17% | +$700K |
|
1631
Evolution Petroleum
EPM
$133M
| $4.74M | 0.01% |
754,500
+109,200
| +17% | +$625K |
|
1632
AXT Inc
AXTI
$2.42B
| $4.73M | 0.01% |
912,096
+111,471
| +14% | +$451K |
|
|
XHR
1633
Xenia Hotels & Resorts
XHR
$2.01B
| $4.73M | 0.01% |
311,800
+133,200
| +75% | +$2.26M |
|
|
ENLK
1634
DELISTED
EnLink Midstream Partners, LP
ENLK
| $4.73M | 0.01% |
266,900
+97,800
| +58% | +$1.71M |
|
1635
TETRA Technologies
TTI
$1.08B
| $4.72M | 0.01% |
772,133
+177,500
| +30% | +$1.08M |
|
|
ESSA
1636
DELISTED
ESSA Bancorp
ESSA
| $4.72M | 0.01% |
341,000
+17,400
| +5% | +$241K |
|
|
DL
1637
DELISTED
China Distance Education Holdings Limited
DL
| $4.71M | 0.01% |
364,900
-1,500
| -0.4% | -$16.9K |
|
|
DALN
1638
DELISTED
DallasNews
DALN
| $4.67M | 0.01% |
159,025
+14,275
| +10% | +$339K |
|
|
MASI
1639
DELISTED
Masimo
MASI
| $4.67M | 0.01% |
78,500
-65,300
| -45% | -$3.68M |
|
|
BSQR
1640
DELISTED
BSQUARE Corporation
BSQR
| $4.67M | 0.01% |
948,875
-3,100
| -0.3% | -$15.5K |
|
|
TRK
1641
DELISTED
Speedway Motorsports, Inc.
TRK
| $4.66M | 0.01% |
260,900
-14,500
| -5% | -$260K |
|
1642
NBT Bancorp
NBTB
$2.82B
| $4.66M | 0.01% |
141,700
-38,000
| -21% | -$1.18M |
|
1643
Wolverine World Wide
WWW
$1.68B
| $4.65M | 0.01% |
202,000
-306,500
| -60% | -$7.13M |
|
|
FDML
1644
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $4.65M | 0.01% |
483,930
+254,100
| +111% | +$2.31M |
|
|
LAYN
1645
DELISTED
Layne Christensen Co
LAYN
| $4.65M | 0.01% |
546,200
+59,046
| +12% | +$505K |
|
1646
Old Second Bancorp
OSBC
$1.29B
| $4.64M | 0.01% |
558,736
+117,936
| +27% | +$903K |
|
|
FGL
1647
DELISTED
Fidelity & Guaranty Life
FGL
| $4.63M | 0.01% |
199,700
+86,300
| +76% | +$1.98M |
|
|
KYNB
1648
Kyntra Bio
KYNB
$27.4M
| $4.62M | 0.01% |
+8,932
| New | +$4.21M |
|
1649
Covenant Logistics
CVLG
$1.04B
| $4.62M | 0.01% |
477,800
-190,000
| -28% | -$1.91M |
|
|
RAVN
1650
DELISTED
Raven Industries Inc
RAVN
| $4.62M | 0.01% |
200,500
-25,200
| -11% | -$543K |
|
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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.