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 | |
|---|---|---|---|---|---|---|
|
SYNC
2001
DELISTED
Synacor, Inc.
SYNC
| $2.77M | 0.01% |
898,900
+268,567
| +43% | +$676K |
|
|
PDS
2002
Precision Drilling
PDS
$940M
| $2.77M | 0.01% |
26,123
-18,110
| -41% | -$1.71M |
|
|
INWK
2003
DELISTED
InnerWorkings, Inc.
INWK
| $2.77M | 0.01% |
334,456
+46,956
| +16% | +$386K |
|
2004
Timberland Bancorp
TSBK
$352M
| $2.76M | 0.01% |
184,200
+13,000
| +8% | +$185K |
|
2005
Transact Technologies
TACT
$50.5M
| $2.76M | 0.01% |
344,100
+24,229
| +8% | +$190K |
|
2006
Interactive Brokers
IBKR
$38.4B
| $2.76M | 0.01% |
+311,600
| New | +$2.97M |
|
2007
Marcus & Millichap
MMI
$1.2B
| $2.76M | 0.01% |
108,500
-105,700
| -49% | -$2.67M |
|
2008
Ezcorp Inc
EZPW
$1.79B
| $2.75M | 0.01% |
364,400
+93,282
| +34% | +$526K |
|
2009
St. Joe Company
JOE
$3.55B
| $2.75M | 0.01% |
155,400
-207,100
| -57% | -$3.53M |
|
|
PMBC
2010
DELISTED
Pacific Mercantile Bancorp
PMBC
| $2.75M | 0.01% |
386,600
+88,600
| +30% | +$646K |
|
|
MORE
2011
DELISTED
Monogram Residential Trust, Inc.
MORE
| $2.74M | 0.01% |
268,500
-314,200
| -54% | -$3.15M |
|
2012
Motorcar Parts of America
MPAA
$266M
| $2.74M | 0.01% |
+100,800
| New | +$3.17M |
|
2013
Friedman Industries
FRD
$248M
| $2.73M | 0.01% |
468,500
+3,400
| +0.7% | +$20.2K |
|
|
BREW
2014
DELISTED
Craft Brew Alliance, Inc.
BREW
| $2.73M | 0.01% |
236,800
+34,200
| +17% | +$303K |
|
2015
Movado Group
MOV
$840M
| $2.73M | 0.01% |
125,700
+41,500
| +49% | +$1.02M |
|
2016
Saia
SAIA
$10.5B
| $2.73M | 0.01% |
108,400
-53,198
| -33% | -$1.42M |
|
2017
Vitamin Cottage Natural Grocers
NGVC
$760M
| $2.72M | 0.01% |
208,600
+11,000
| +6% | +$162K |
|
|
TLP
2018
DELISTED
Transmontaigne
TLP
| $2.72M | 0.01% |
66,200
+57,600
| +670% | +$2.27M |
|
2019
LSI Industries
LYTS
$834M
| $2.72M | 0.01% |
245,530
-7,070
| -3% | -$83.9K |
|
|
AL
2020
DELISTED
Air Lease Corp
AL
| $2.71M | 0.01% |
+101,400
| New | +$3.02M |
|
2021
Trimble
TRMB
$13.6B
| $2.71M | 0.01% |
111,200
-678,444
| -86% | -$17M |
|
|
WPZ
2022
DELISTED
Williams Partners L.P.
WPZ
| $2.71M | 0.01% |
78,134
-2,038,665
| -96% | -$60.4M |
|
2023
TriNet
TNET
$3.23B
| $2.71M | 0.01% |
130,100
+53,800
| +71% | +$985K |
|
2024
Orrstown Financial Services
ORRF
$850M
| $2.69M | 0.01% |
149,300
+19,600
| +15% | +$361K |
|
2025
First Citizens BancShares
FCNCA
$24.7B
| $2.69M | 0.01% |
10,400
+1,100
| +12% | +$277K |
|
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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.