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 | |
|---|---|---|---|---|---|---|
1976
Atmos Energy
ATO
$29.7B
| $2.85M | 0.01% |
35,100
-351,000
| -91% | -$26M |
|
|
ATRS
1977
DELISTED
Antares Pharma, Inc.
ATRS
| $2.85M | 0.01% |
2,717,852
+486,683
| +22% | +$470K |
|
1978
Pacific Biosciences
PACB
$435M
| $2.84M | 0.01% |
404,064
-784,636
| -66% | -$7.17M |
|
|
AVX
1979
DELISTED
AVX Corporation
AVX
| $2.84M | 0.01% |
209,200
+107,900
| +107% | +$1.42M |
|
1980
Astronics
ATRO
$3.21B
| $2.84M | 0.01% |
135,371
-38,248
| -22% | -$880K |
|
|
POT
1981
DELISTED
Potash Corp Of Saskatchewan
POT
| $2.83M | 0.01% |
174,299
-1,048,000
| -86% | -$17.5M |
|
|
TIVO
1982
DELISTED
Tivo Inc
TIVO
| $2.83M | 0.01% |
+180,900
| New | +$3.04M |
|
1983
FerroAtlántica
GSM
$590M
| $2.83M | 0.01% |
328,200
-168,400
| -34% | -$1.54M |
|
|
CVGW
1984
DELISTED
Calavo Growers
CVGW
| $2.82M | 0.01% |
+42,100
| New | +$2.5M |
|
|
CVRR
1985
DELISTED
CVR Refining, LP
CVRR
| $2.82M | 0.01% |
363,423
-101,077
| -22% | -$1.06M |
|
|
ENLK
1986
DELISTED
EnLink Midstream Partners, LP
ENLK
| $2.81M | 0.01% |
169,100
+71,400
| +73% | +$1.04M |
|
1987
Financial Institutions
FISI
$812M
| $2.81M | 0.01% |
107,800
+17,600
| +20% | +$485K |
|
1988
LiveRamp
RAMP
$2.29B
| $2.81M | 0.01% |
127,745
+93,700
| +275% | +$2.04M |
|
1989
Cathay General Bancorp
CATY
$4.23B
| $2.8M | 0.01% |
99,271
-195,600
| -66% | -$5.79M |
|
1990
BK Technologies
BKTI
$295M
| $2.8M | 0.01% |
109,960
-180
| -0.2% | -$4.57K |
|
|
SNC
1991
DELISTED
State National Companies, Inc.
SNC
| $2.79M | 0.01% |
265,369
+89,669
| +51% | +$1M |
|
1992
Allot
ALLT
$362M
| $2.79M | 0.01% |
566,000
+145,600
| +35% | +$729K |
|
1993
Cognex
CGNX
$9.62B
| $2.78M | 0.01% |
129,056
-58,600
| -31% | -$1.18M |
|
1994
Curtiss-Wright
CW
$25.1B
| $2.78M | 0.01% |
33,000
-190,700
| -85% | -$15.4M |
|
|
OAKS
1995
DELISTED
Five Oaks Investment Corp.
OAKS
| $2.78M | 0.01% |
506,810
-218,090
| -30% | -$1.21M |
|
1996
Rush Enterprises Class B
RUSHB
$6.14B
| $2.77M | 0.01% |
300,375
+8,325
| +3% | +$71.7K |
|
|
CLD
1997
DELISTED
Cloud Peak Energy Inc
CLD
| $2.77M | 0.01% |
1,347,200
+861,500
| +177% | +$1.76M |
|
|
THS
1998
DELISTED
Treehouse Foods
THS
| $2.77M | 0.01% |
27,000
-136,900
| -84% | -$12.6M |
|
|
QUMU
1999
DELISTED
Qumu Corp.
QUMU
| $2.77M | 0.01% |
624,059
+13,100
| +2% | +$58.5K |
|
2000
Embotelladora Andina Series A
AKO.A
$3.53B
| $2.77M | 0.01% |
144,000
+2,600
| +2% | +$47.5K |
|
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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.