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 | |
|---|---|---|---|---|---|---|
1951
Old Second Bancorp
OSBC
$1.29B
| $3.01M | 0.01% |
440,800
+21,000
| +5% | +$149K |
|
1952
Diodes
DIOD
$3.5B
| $3.01M | 0.01% |
160,127
-31,400
| -16% | -$595K |
|
|
MOFG
1953
DELISTED
MidWestOne Financial Group
MOFG
| $3M | 0.01% |
105,200
-1,697
| -2% | -$47.7K |
|
|
SKUL
1954
DELISTED
SKULLCANDY INC
SKUL
| $3M | 0.01% |
488,400
+169,010
| +53% | +$668K |
|
|
XHR
1955
Xenia Hotels & Resorts
XHR
$2.01B
| $3M | 0.01% |
178,600
+128,300
| +255% | +$2.02M |
|
1956
AAR Corp
AIR
$5.4B
| $2.98M | 0.01% |
127,660
+83,260
| +188% | +$1.98M |
|
|
TRR
1957
DELISTED
Trc Companies
TRR
| $2.98M | 0.01% |
470,900
-46,300
| -9% | -$324K |
|
|
INSY
1958
DELISTED
Insys Therapeutics, Inc.
INSY
| $2.97M | 0.01% |
+229,600
| New | +$3.35M |
|
1959
Travelzoo
TZOO
$76.7M
| $2.96M | 0.01% |
369,700
+76,500
| +26% | +$607K |
|
1960
Host Hotels & Resorts
HST
$17.5B
| $2.95M | 0.01% |
+181,965
| New | +$2.86M |
|
|
GIG
1961
DELISTED
GigPeak, Inc.
GIG
| $2.95M | 0.01% |
1,505,300
+109,700
| +8% | +$273K |
|
|
SHYF
1962
DELISTED
The Shyft Group
SHYF
| $2.93M | 0.01% |
468,215
+284,015
| +154% | +$1.58M |
|
|
LBAI
1963
DELISTED
Lakeland Bancorp Inc
LBAI
| $2.91M | 0.01% |
256,102
-102,600
| -29% | -$1.14M |
|
|
PAY
1964
DELISTED
Verifone Systems Inc
PAY
| $2.91M | 0.01% |
157,100
-279,219
| -64% | -$7.06M |
|
1965
United-Guardian
UG
$32.8M
| $2.91M | 0.01% |
181,100
+16,500
| +10% | +$291K |
|
1966
Orion Group Holdings
ORN
$368M
| $2.9M | 0.01% |
546,300
-1,900
| -0.3% | -$9.93K |
|
1967
Espey Mfg & Electronics Corp
ESP
$170M
| $2.9M | 0.01% |
111,400
+1,100
| +1% | +$27.6K |
|
|
DALN
1968
DELISTED
DallasNews
DALN
| $2.9M | 0.01% |
144,750
+12,125
| +9% | +$240K |
|
|
PNK
1969
DELISTED
Pinnacle Entertainment Inc.
PNK
| $2.89M | 0.01% |
261,000
-706,400
| -73% | -$13.6M |
|
1970
Western Alliance Bancorporation
WAL
$8.81B
| $2.89M | 0.01% |
88,516
-761,404
| -90% | -$26.7M |
|
|
TSC
1971
DELISTED
TriState Capital Holdings, Inc.
TSC
| $2.89M | 0.01% |
210,192
+24,692
| +13% | +$320K |
|
1972
First Bancorp
FNLC
$401M
| $2.88M | 0.01% |
133,700
+8,800
| +7% | +$176K |
|
1973
Aware
AWRE
$24M
| $2.88M | 0.01% |
663,439
+26,939
| +4% | +$111K |
|
1974
NACCO Industries
NC
$359M
| $2.88M | 0.01% |
224,978
+27,575
| +14% | +$356K |
|
|
EGL
1975
DELISTED
Engility Holdings, Inc.
EGL
| $2.87M | 0.01% |
135,700
+36,600
| +37% | +$776K |
|
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.