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 | |
|---|---|---|---|---|---|---|
1901
Forestar Group
FOR
$1.48B
| $3.22M | 0.01% |
275,300
+107,400
| +64% | +$1.3M |
|
1902
NGL Energy Partners
NGL
$1.94B
| $3.22M | 0.01% |
+171,100
| New | +$3.15M |
|
|
HTBK
1903
DELISTED
Heritage Commerce
HTBK
| $3.22M | 0.01% |
294,600
+8,700
| +3% | +$96.3K |
|
1904
FNB Corp
FNB
$6.76B
| $3.22M | 0.01% |
261,642
+119,524
| +84% | +$1.48M |
|
1905
RadNet
RDNT
$4.98B
| $3.21M | 0.01% |
434,400
+140,700
| +48% | +$896K |
|
1906
Watts Water Technologies
WTS
$11.2B
| $3.21M | 0.01% |
49,500
+9,000
| +22% | +$565K |
|
|
APIC
1907
DELISTED
Apigee Corporation Common Stock
APIC
| $3.21M | 0.01% |
184,500
+80,700
| +78% | +$1.18M |
|
|
GDEN
1908
DELISTED
Golden Entertainment
GDEN
| $3.21M | 0.01% |
257,000
-22,500
| -8% | -$287K |
|
|
KAMN
1909
DELISTED
Kaman Corp
KAMN
| $3.2M | 0.01% |
72,922
+65,800
| +924% | +$2.88M |
|
1910
Waters Corp
WAT
$37.3B
| $3.2M | 0.01% |
+20,200
| New | +$3.13M |
|
1911
Global Partners
GLP
$1.65B
| $3.2M | 0.01% |
198,000
+59,998
| +43% | +$879K |
|
1912
Gaia
GAIA
$46.6M
| $3.19M | 0.01% |
442,900
-4,600
| -1% | -$36.1K |
|
1913
Kforce
KFRC
$1.05B
| $3.19M | 0.01% |
155,600
-26,500
| -15% | -$494K |
|
|
GURE
1914
Gulf Resources
GURE
$4.88M
| $3.19M | 0.01% |
29,775
+5,061
| +20% | +$444K |
|
|
PEGI
1915
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $3.19M | 0.01% |
141,600
+114,900
| +430% | +$2.73M |
|
1916
Scholastic
SCHL
$774M
| $3.17M | 0.01% |
80,501
+4,100
| +5% | +$165K |
|
|
ONIT
1917
Onity Group
ONIT
$342M
| $3.15M | 0.01% |
57,313
-79,074
| -58% | -$3.23M |
|
|
ACRE
1918
Ares Commercial Real Estate
ACRE
$247M
| $3.15M | 0.01% |
250,000
-54,300
| -18% | -$684K |
|
|
BPY
1919
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $3.15M | 0.01% |
137,414
-47,986
| -26% | -$1.13M |
|
|
TRIB
1920
Trinity Biotech
TRIB
$8.9M
| $3.14M | 0.01% |
1,583
+499
| +46% | +$932K |
|
|
EEQ
1921
DELISTED
Enbridge Energy Management Llc
EEQ
| $3.14M | 0.01% |
151,991
+71,821
| +90% | +$1.37M |
|
|
CBF
1922
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $3.12M | 0.01% |
97,300
+4,200
| +5% | +$127K |
|
1923
CrossAmerica Partners
CAPL
$834M
| $3.12M | 0.01% |
123,000
+51,800
| +73% | +$1.29M |
|
1924
Metallus
MTUS
$833M
| $3.12M | 0.01% |
298,700
-95,800
| -24% | -$952K |
|
|
OME
1925
DELISTED
Omega Protein
OME
| $3.12M | 0.01% |
+133,500
| New | +$3.14M |
|
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.