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 | |
|---|---|---|---|---|---|---|
|
SSNI
1751
DELISTED
Silver Spring Networks, Inc.
SSNI
| $3.99M | 0.01% |
281,200
-32,500
| -10% | -$429K |
|
|
KCG
1752
DELISTED
KCG Holdings, Inc.
KCG
| $3.98M | 0.01% |
256,200
+198,400
| +343% | +$2.88M |
|
|
BNCN
1753
DELISTED
BNC Bancorp
BNCN
| $3.96M | 0.01% |
162,892
-182,859
| -53% | -$4.4M |
|
1754
Intrepid Potash
IPI
$476M
| $3.96M | 0.01% |
350,050
+82,560
| +31% | +$1.08M |
|
1755
Companhia Siderúrgica Nacional
SID
$1.37B
| $3.95M | 0.01% |
1,429,900
+138,400
| +11% | +$409K |
|
1756
West Bancorporation
WTBA
$477M
| $3.93M | 0.01% |
200,483
+5,993
| +3% | +$115K |
|
1757
First Horizon
FHN
$12.2B
| $3.93M | 0.01% |
257,881
+27,881
| +12% | +$413K |
|
1758
QuinStreet
QNST
$927M
| $3.93M | 0.01% |
1,299,900
+98,900
| +8% | +$333K |
|
|
CHA
1759
DELISTED
China Telecom Corporation, LTD
CHA
| $3.92M | 0.01% |
76,900
+17,200
| +29% | +$860K |
|
|
GPL
1760
DELISTED
Great Panther Mining Limited
GPL
| $3.92M | 0.01% |
290,580
-49,360
| -15% | -$689K |
|
1761
Terex
TEX
$7.37B
| $3.91M | 0.01% |
154,000
-243,500
| -61% | -$5.68M |
|
|
CDI
1762
DELISTED
CDI Corp.
CDI
| $3.9M | 0.01% |
687,300
+58,000
| +9% | +$340K |
|
1763
SiriusPoint
SPNT
$3.03B
| $3.89M | 0.01% |
+324,500
| New | +$4.04M |
|
1764
RCI Hospitality Holdings
RICK
$202M
| $3.89M | 0.01% |
337,200
+143,900
| +74% | +$1.56M |
|
1765
Constellium
CSTM
$3.76B
| $3.89M | 0.01% |
539,900
+41,700
| +8% | +$250K |
|
1766
Bar Harbor Bankshares
BHB
$665M
| $3.88M | 0.01% |
158,550
+11,401
| +8% | +$276K |
|
1767
Codexis
CDXS
$158M
| $3.87M | 0.01% |
872,200
+33,400
| +4% | +$140K |
|
1768
Urban One Class D
UONEK
$22.4M
| $3.86M | 0.01% |
127,280
+10,230
| +9% | +$330K |
|
1769
Super Micro Computer
SMCI
$16.6B
| $3.86M | 0.01% |
1,650,000
+1,107,000
| +204% | +$2.46M |
|
1770
Nexstar Media Group
NXST
$6.01B
| $3.85M | 0.01% |
66,700
+44,400
| +199% | +$2.34M |
|
1771
Petrobras
PBR
$120B
| $3.84M | 0.01% |
411,500
-7,822,200
| -95% | -$68.6M |
|
1772
Century Casinos
CNTY
$32.9M
| $3.84M | 0.01% |
555,400
+6,900
| +1% | +$44.4K |
|
1773
CNB Financial Corp
CCNE
$1.05B
| $3.84M | 0.01% |
181,327
+9,052
| +5% | +$176K |
|
|
MFSF
1774
DELISTED
MutualFirst Financial Inc
MFSF
| $3.83M | 0.01% |
138,200
+1,300
| +0.9% | +$36.3K |
|
1775
Orion Group Holdings
ORN
$368M
| $3.82M | 0.01% |
558,100
+11,800
| +2% | +$70.5K |
|
Similar funds
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.