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 | |
|---|---|---|---|---|---|---|
|
INSY
1926
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.12M | 0.01% |
264,500
+34,900
| +15% | +$530K |
|
|
PCOM
1927
DELISTED
Points.com Inc. Common Shares
PCOM
| $3.12M | 0.01% |
347,900
+62,898
| +22% | +$544K |
|
|
SIFI
1928
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $3.11M | 0.01% |
235,400
+2,957
| +1% | +$39.3K |
|
1929
Embotelladora Andina Series A
AKO.A
$3.53B
| $3.1M | 0.01% |
145,500
+1,500
| +1% | +$30.9K |
|
|
SRT
1930
DELISTED
Startek Inc.
SRT
| $3.1M | 0.01% |
498,400
+8,315
| +2% | +$41.2K |
|
|
WSTC
1931
DELISTED
West Corporation
WSTC
| $3.1M | 0.01% |
140,400
+23,800
| +20% | +$533K |
|
1932
Lakeland Financial Corp
LKFN
$1.57B
| $3.1M | 0.01% |
87,400
-35,150
| -29% | -$1.21M |
|
|
TGA
1933
DELISTED
Transglobe Energy Corp
TGA
| $3.1M | 0.01% |
1,570,600
+207,000
| +15% | +$379K |
|
1934
Air T
AIRT
| $3.09M | 0.01% |
227,250
-1,650
| -0.7% | -$23K |
|
|
LNW
1935
DELISTED
Light & Wonder
LNW
| $3.09M | 0.01% |
274,300
+146,900
| +115% | +$1.44M |
|
1936
MasterCraft Boat Holdings
MCFT
$596M
| $3.09M | 0.01% |
271,100
+234,400
| +639% | +$2.7M |
|
1937
Marchex
MCHX
$78M
| $3.08M | 0.01% |
1,112,001
+38,100
| +4% | +$113K |
|
1938
Primoris Services
PRIM
$4.06B
| $3.07M | 0.01% |
149,000
-88,300
| -37% | -$1.67M |
|
1939
Vicor
VICR
$8.33B
| $3.06M | 0.01% |
264,200
+16,300
| +7% | +$176K |
|
1940
Ferrari
RACE
$67.8B
| $3.06M | 0.01% |
+58,945
| New | +$2.75M |
|
1941
Park-Ohio Holdings
PKOH
$550M
| $3.05M | 0.01% |
83,700
+11,600
| +16% | +$386K |
|
1942
IRIDEX
IRIX
$15M
| $3.05M | 0.01% |
210,500
-20,600
| -9% | -$313K |
|
1943
Viasat
VSAT
$9.67B
| $3.04M | 0.01% |
+40,793
| New | +$3.02M |
|
1944
First Business Financial Services
FBIZ
$565M
| $3.02M | 0.01% |
128,600
-1,700
| -1% | -$39.3K |
|
|
MDP
1945
DELISTED
Meredith Corporation
MDP
| $3.02M | 0.01% |
+58,100
| New | +$3.1M |
|
|
CXRX
1946
DELISTED
Concordia International Corp. Common Stock
CXRX
| $3.02M | 0.01% |
+674,200
| New | +$8.45M |
|
|
PTX
1947
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $3.01M | 0.01% |
484,319
+262,879
| +119% | +$1.62M |
|
|
IRBT
1948
DELISTED
iRobot
IRBT
| $3.01M | 0.01% |
68,460
+11,460
| +20% | +$449K |
|
|
PMBC
1949
DELISTED
Pacific Mercantile Bancorp
PMBC
| $3.01M | 0.01% |
408,100
+21,500
| +6% | +$155K |
|
1950
Sierra Bancorp
BSRR
$532M
| $3M | 0.01% |
160,100
+11,300
| +8% | +$201K |
|
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.