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 | |
|---|---|---|---|---|---|---|
1901
Sanmina
SANM
$8.78B
| $3.26M | 0.01% |
121,657
-83,976
| -41% | -$2.1M |
|
1902
Willdan Group
WLDN
$1.02B
| $3.26M | 0.01% |
307,100
+29,900
| +11% | +$313K |
|
|
FBNK
1903
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $3.26M | 0.01% |
196,900
+8,400
| +4% | +$138K |
|
1904
PC Connection
CNXN
$2.09B
| $3.25M | 0.01% |
136,600
-5,300
| -4% | -$127K |
|
1905
Archrock
AROC
$6.16B
| $3.23M | 0.01% |
342,642
+15,452
| +5% | +$122K |
|
1906
RELX
RELX
$66.7B
| $3.21M | 0.01% |
171,928
+58,028
| +51% | +$1.06M |
|
1907
Entegris
ENTG
$16.3B
| $3.21M | 0.01% |
221,900
+72,210
| +48% | +$992K |
|
1908
Lennar Class B
LEN.B
$19.9B
| $3.2M | 0.01% |
92,281
-9,872
| -10% | -$338K |
|
|
MDRX
1909
DELISTED
Veradigm Inc. Common Stock
MDRX
| $3.2M | 0.01% |
+251,865
| New | +$3.34M |
|
1910
RCM Technologies
RCMT
$202M
| $3.18M | 0.01% |
610,500
+7,300
| +1% | +$39.1K |
|
1911
Saic
SAIC
$4.95B
| $3.18M | 0.01% |
54,500
-9,600
| -15% | -$522K |
|
|
LAND
1912
Gladstone Land Corp
LAND
$365M
| $3.17M | 0.01% |
286,600
+83,300
| +41% | +$862K |
|
1913
First Horizon
FHN
$12.2B
| $3.17M | 0.01% |
230,000
+172,100
| +297% | +$2.38M |
|
1914
Kemper
KMPR
$1.81B
| $3.17M | 0.01% |
102,300
-3,700
| -3% | -$115K |
|
|
BHR
1915
Braemar Hotels & Resorts
BHR
$163M
| $3.16M | 0.01% |
226,020
-116,150
| -34% | -$1.39M |
|
1916
Companhia Siderúrgica Nacional
SID
$1.37B
| $3.16M | 0.01% |
+1,291,500
| New | +$3.33M |
|
1917
Crawford & Co Class B
CRD.B
$507M
| $3.16M | 0.01% |
372,000
+85,000
| +30% | +$620K |
|
1918
Zurn Elkay Water Solutions
ZWS
$8.55B
| $3.16M | 0.01% |
333,821
+272,371
| +443% | +$2.74M |
|
|
IXYS
1919
DELISTED
IXYS Corp
IXYS
| $3.16M | 0.01% |
307,872
+82,472
| +37% | +$898K |
|
1920
Martin Midstream Partners
MMLP
$93.5M
| $3.15M | 0.01% |
136,200
+119,800
| +730% | +$2.63M |
|
|
USG
1921
DELISTED
Usg
USG
| $3.13M | 0.01% |
116,100
+55,200
| +91% | +$1.51M |
|
|
SCS
1922
DELISTED
Steelcase
SCS
| $3.13M | 0.01% |
230,500
+183,900
| +395% | +$2.78M |
|
1923
American Superconductor
AMSC
$1.29B
| $3.11M | 0.01% |
368,288
+49,000
| +15% | +$457K |
|
1924
Par Pacific Holdings
PARR
$4.17B
| $3.1M | 0.01% |
202,100
+83,500
| +70% | +$1.43M |
|
|
USAK
1925
DELISTED
USA Truck Inc
USAK
| $3.09M | 0.01% |
176,700
-24,600
| -12% | -$459K |
|
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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.