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 | |
|---|---|---|---|---|---|---|
|
GUID
2126
DELISTED
Guidance Software, Inc.
GUID
| $2.21M | ﹤0.01% |
371,300
+28,800
| +8% | +$171K |
|
2127
Team
TISI
$80.6M
| $2.21M | ﹤0.01% |
+6,760
| New | +$2M |
|
2128
OSI Systems
OSIS
$3.53B
| $2.21M | ﹤0.01% |
+33,743
| New | +$2.13M |
|
|
WFM
2129
DELISTED
Whole Foods Market Inc
WFM
| $2.21M | ﹤0.01% |
77,800
-75,748
| -49% | -$2.33M |
|
2130
National Health Investors
NHI
$3.79B
| $2.21M | ﹤0.01% |
+28,100
| New | +$2.21M |
|
2131
Galicia Financial Group
GGAL
$7.89B
| $2.19M | ﹤0.01% |
70,400
-39,500
| -36% | -$1.19M |
|
2132
Inseego
INSG
$104M
| $2.19M | ﹤0.01% |
69,950
+8,240
| +13% | +$206K |
|
2133
Thomson Reuters
TRI
$46.4B
| $2.19M | ﹤0.01% |
45,584
-404,222
| -90% | -$19.6M |
|
|
ITI
2134
DELISTED
Iteris, Inc.
ITI
| $2.19M | ﹤0.01% |
600,200
+41,200
| +7% | +$143K |
|
|
INVN
2135
DELISTED
Invensense Inc
INVN
| $2.18M | ﹤0.01% |
293,934
+282,834
| +2,548% | +$2M |
|
|
GLBR
2136
DELISTED
Global Brokerage, Inc. Class A Common Stock
GLBR
| $2.18M | ﹤0.01% |
248,630
+40,700
| +20% | +$377K |
|
|
MOBL
2137
DELISTED
MobileIron, Inc.
MOBL
| $2.17M | ﹤0.01% |
790,700
+403,900
| +104% | +$1.25M |
|
2138
The Greenbrier Companies
GBX
$1.57B
| $2.17M | ﹤0.01% |
+61,500
| New | +$2.01M |
|
2139
Hudbay
HBM
$9.76B
| $2.17M | ﹤0.01% |
547,882
+463,100
| +546% | +$2.09M |
|
|
GNBC
2140
DELISTED
Green Bancorp, Inc
GNBC
| $2.17M | ﹤0.01% |
198,200
+20,300
| +11% | +$201K |
|
|
ESL
2141
DELISTED
Esterline Technologies
ESL
| $2.16M | ﹤0.01% |
+28,400
| New | +$1.99M |
|
|
NWLI
2142
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $2.16M | ﹤0.01% |
10,500
+5,600
| +114% | +$1.1M |
|
2143
inTEST
INTT
$143M
| $2.15M | ﹤0.01% |
537,000
+7,500
| +1% | +$29.2K |
|
2144
Tetra Tech
TTEK
$8.77B
| $2.15M | ﹤0.01% |
302,500
-248,500
| -45% | -$1.68M |
|
|
GIFI
2145
DELISTED
Gulf Island Fabrication
GIFI
| $2.14M | ﹤0.01% |
232,280
+36,580
| +19% | +$303K |
|
2146
KVH Industries
KVHI
$171M
| $2.13M | ﹤0.01% |
242,200
+34,900
| +17% | +$297K |
|
2147
Frequency Electronics
FEIM
$569M
| $2.13M | ﹤0.01% |
202,700
+3,500
| +2% | +$37.6K |
|
|
RGLS
2148
DELISTED
Regulus Therapeutics
RGLS
| $2.13M | ﹤0.01% |
+5,375
| New | +$2.21M |
|
2149
Kemper
KMPR
$1.81B
| $2.13M | ﹤0.01% |
54,100
-48,200
| -47% | -$1.73M |
|
2150
Tronox
TROX
$967M
| $2.12M | ﹤0.01% |
225,700
+180,600
| +400% | +$1.39M |
|
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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.