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 | |
|---|---|---|---|---|---|---|
176
Advance Auto Parts
AAP
$3.37B
| $63.5M | 0.12% |
+393,150
| New | +$60.7M |
|
|
AZPN
177
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $63.4M | 0.12% |
1,575,800
-250,700
| -14% | -$10.1M |
|
|
NTRI
178
DELISTED
NutriSystem, Inc.
NTRI
| $63.4M | 0.12% |
2,499,900
-277,900
| -10% | -$6.71M |
|
|
WBA
179
DELISTED
Walgreens Boots Alliance
WBA
| $63.2M | 0.12% |
758,600
+110,600
| +17% | +$8.92M |
|
180
Tanger
SKT
$4.82B
| $62.9M | 0.12% |
1,566,200
-177,300
| -10% | -$6.45M |
|
|
SOHU
181
Sohu.com
SOHU
$336M
| $62.6M | 0.12% |
1,653,700
+202,100
| +14% | +$8.6M |
|
182
Post Holdings
POST
$4.12B
| $62.4M | 0.12% |
1,153,640
-70,746
| -6% | -$3.42M |
|
183
Amdocs
DOX
$5.53B
| $62.3M | 0.12% |
1,078,500
-612,700
| -36% | -$35.1M |
|
|
PNY
184
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $62.1M | 0.12% |
1,032,600
+75,300
| +8% | +$4.51M |
|
|
X
185
DELISTED
US Steel
X
| $62M | 0.12% |
3,674,800
+3,202,500
| +678% | +$53.8M |
|
|
SSRI
186
DELISTED
Silver Standard Resources
SSRI
| $61.8M | 0.12% |
4,759,383
+1,241,427
| +35% | +$11.5M |
|
187
Cogent Communications
CCOI
$594M
| $61.5M | 0.12% |
1,536,300
-61,600
| -4% | -$2.42M |
|
188
Pfizer
PFE
$140B
| $61.5M | 0.12% |
1,839,652
-707,171
| -28% | -$22.6M |
|
189
Visa
V
$677B
| $61.4M | 0.12% |
828,200
+191,100
| +30% | +$15M |
|
190
CorVel
CRVL
$3.05B
| $61.1M | 0.12% |
4,245,600
+55,800
| +1% | +$839K |
|
191
ArcelorMittal
MT
$50.4B
| $60.5M | 0.12% |
4,330,803
+2,474,996
| +133% | +$37.6M |
|
192
Automatic Data Processing
ADP
$100B
| $60.5M | 0.12% |
+659,000
| New | +$58.2M |
|
|
AIV
193
Aimco
AIV
$380M
| $59.8M | 0.11% |
10,172,921
-867,223
| -8% | -$4.8M |
|
194
Norfolk Southern
NSC
$78.8B
| $59.7M | 0.11% |
+701,700
| New | +$59.6M |
|
195
Exelon
EXC
$48.6B
| $59.7M | 0.11% |
2,302,118
-454,775
| -16% | -$11.2M |
|
196
Euronet Worldwide
EEFT
$3.02B
| $59.5M | 0.11% |
859,738
-300,207
| -26% | -$22.8M |
|
197
Berkshire Hathaway Class A
BRK.A
$1.07T
| $59.2M | 0.11% |
273
+4
| +1% | +$858K |
|
|
TFCFA
198
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $59M | 0.11% |
+2,182,000
| New | +$63.6M |
|
199
Petrobras
PBR
$121B
| $59M | 0.11% |
+8,233,700
| New | +$54.5M |
|
|
NLSN
200
DELISTED
Nielsen Holdings plc
NLSN
| $58.7M | 0.11% |
1,128,700
-269,800
| -19% | -$14.2M |
|
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.