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 | |
|---|---|---|---|---|---|---|
1851
Harmonic Inc
HLIT
$1.15B
| $3.46M | 0.01% |
1,215,300
+106,500
| +10% | +$326K |
|
1852
CBIZ
CBZ
$2.98B
| $3.45M | 0.01% |
331,726
+43,110
| +15% | +$444K |
|
|
GRMN
1853
Garmin
GRMN
$56.9B
| $3.45M | 0.01% |
81,400
-293,642
| -78% | -$12.2M |
|
1854
Bar Harbor Bankshares
BHB
$665M
| $3.44M | 0.01% |
147,149
+10,499
| +8% | +$235K |
|
1855
Federal Agricultural Mortgage
AGM
$2.32B
| $3.44M | 0.01% |
98,700
+35,900
| +57% | +$1.33M |
|
|
NXTM
1856
DELISTED
NxStage Medical Inc.
NXTM
| $3.44M | 0.01% |
158,483
-320,300
| -67% | -$5.71M |
|
1857
SLM Corp
SLM
$4.83B
| $3.43M | 0.01% |
554,900
-3,328,300
| -86% | -$21.7M |
|
1858
IRIDEX
IRIX
$15M
| $3.42M | 0.01% |
231,100
-15,200
| -6% | -$189K |
|
1859
Century Casinos
CNTY
$32.9M
| $3.42M | 0.01% |
548,500
-19,500
| -3% | -$116K |
|
1860
Marchex
MCHX
$78M
| $3.42M | 0.01% |
1,073,901
+160,600
| +18% | +$604K |
|
|
ABCD
1861
DELISTED
Cambium Learning Group, Inc.
ABCD
| $3.41M | 0.01% |
756,900
+2,800
| +0.4% | +$12.5K |
|
1862
Celldex Therapeutics
CLDX
$2.94B
| $3.41M | 0.01% |
51,787
-2,435
| -4% | -$155K |
|
1863
Piper Sandler
PIPR
$4.99B
| $3.41M | 0.01% |
361,600
+183,600
| +103% | +$1.95M |
|
|
CFNL
1864
DELISTED
Cardinal Financial Corp
CFNL
| $3.4M | 0.01% |
155,200
-81,200
| -34% | -$1.75M |
|
1865
MACOM Technology Solutions
MTSI
$17.4B
| $3.39M | 0.01% |
+102,800
| New | +$3.9M |
|
1866
Tetra Tech
TTEK
$8.77B
| $3.39M | 0.01% |
551,000
+112,500
| +26% | +$673K |
|
|
CEMP
1867
DELISTED
Cempra, Inc.
CEMP
| $3.38M | 0.01% |
205,300
+174,970
| +577% | +$3.09M |
|
1868
CarParts.com
PRTS
$42.6M
| $3.38M | 0.01% |
85,640
+19,690
| +30% | +$682K |
|
1869
Black Stone Minerals
BSM
$3.14B
| $3.38M | 0.01% |
218,100
+108,600
| +99% | +$1.68M |
|
1870
Codexis
CDXS
$158M
| $3.38M | 0.01% |
838,800
+31,800
| +4% | +$116K |
|
|
CLGX
1871
DELISTED
Corelogic, Inc.
CLGX
| $3.38M | 0.01% |
87,786
-125,600
| -59% | -$4.59M |
|
|
TTPH
1872
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $3.38M | 0.01% |
39,240
-9,720
| -20% | -$891K |
|
1873
Knowles
KN
$2.95B
| $3.37M | 0.01% |
246,574
-148,900
| -38% | -$2.05M |
|
1874
Atlassian
TEAM
$26.5B
| $3.37M | 0.01% |
+130,200
| New | +$3.08M |
|
|
GSH
1875
DELISTED
Guangshen Railway Co. Ltd
GSH
| $3.37M | 0.01% |
142,200
+5,800
| +4% | +$136K |
|
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.