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 | 16.75% |
| 2 | Healthcare | 13.12% |
| 3 | Financials | 12.46% |
| 4 | Consumer Staples | 9.7% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2501
Axogen
AXGN
$2.12B
| $1.15M | ﹤0.01% |
126,900
-47,800
| -27% | -$389K |
2016 Q2
1 quarter
|
|
|
LMRK
2502
DELISTED
Landmark Infrastructure Partners LP Common Units
LMRK
| $1.15M | ﹤0.01% |
65,244
+33,224
| +104% | +$582K |
2016 Q2
1 quarter
|
|
2503
MillerKnoll
MLKN
$1.44B
| $1.15M | ﹤0.01% |
40,031
-22,069
| -36% | -$729K |
2015 Q2
5 quarters
|
|
|
VAR
2504
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.15M | ﹤0.01% |
+13,114
| New | +$1.07M |
2016 Q3
0 quarters
|
|
2505
Manulife Financial
MFC
$70.2B
| $1.14M | ﹤0.01% |
+81,054
| New | +$1.1M |
2016 Q3
0 quarters
|
|
2506
DHT Holdings
DHT
$3.97B
| $1.14M | ﹤0.01% |
272,500
-634,600
| -70% | -$2.95M |
2015 Q2
5 quarters
|
|
2507
Matrix Service
MTRX
$298M
| $1.14M | ﹤0.01% |
60,659
+42,859
| +241% | +$750K |
2015 Q3
4 quarters
|
|
2508
Paylocity
PCTY
$8.17B
| $1.14M | ﹤0.01% |
+25,540
| New | +$1.13M |
2016 Q3
0 quarters
|
|
|
RPTP
2509
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $1.14M | ﹤0.01% |
+126,480
| New | +$899K |
2016 Q3
0 quarters
|
|
2510
Movado Group
MOV
$704M
| $1.13M | ﹤0.01% |
52,700
-73,000
| -58% | -$1.64M |
2016 Q1
2 quarters
|
|
2511
Twin Disc
TWIN
$382M
| $1.13M | ﹤0.01% |
94,300
-13,700
| -13% | -$153K |
2014 Q3
8 quarters
|
|
2512
Allient
ALNT
$1.87B
| $1.13M | ﹤0.01% |
89,250
-11,850
| -12% | -$169K |
2013 Q2
13 quarters
|
|
|
CNSL
2513
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.12M | ﹤0.01% |
44,494
+600
| +1% | +$15.5K |
2013 Q2
13 quarters
|
|
|
PFBI
2514
DELISTED
Premier Financial Bancorp
PFBI
| $1.12M | ﹤0.01% |
89,925
-11,550
| -11% | -$146K |
2015 Q2
5 quarters
|
|
|
GBL
2515
DELISTED
GAMCO Investors, Inc.
GBL
| $1.12M | ﹤0.01% |
39,300
-9,000
| -19% | -$285K |
2013 Q2
13 quarters
|
|
2516
TAT Technologies
TATT
$441M
| $1.12M | ﹤0.01% |
143,500
+3,700
| +3% | +$28.9K |
2013 Q2
13 quarters
|
|
|
PNTR
2517
DELISTED
Pointer Telocation Ltd.
PNTR
| $1.11M | ﹤0.01% |
147,900
+34,100
| +30% | +$224K |
2013 Q2
13 quarters
|
|
|
PSXP
2518
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $1.11M | ﹤0.01% |
+22,800
| New | +$1.16M |
2016 Q3
0 quarters
|
|
2519
Ethan Allen Interiors
ETD
$513M
| $1.1M | ﹤0.01% |
35,300
-32,900
| -48% | -$1.11M |
2013 Q3
12 quarters
|
|
|
UAM
2520
DELISTED
Universal American Corp
UAM
| $1.1M | ﹤0.01% |
144,026
-20,674
| -13% | -$153K |
2014 Q2
9 quarters
|
|
2521
Flanigan's Enterprises
BDL
$87M
| $1.1M | ﹤0.01% |
46,200
+2,500
| +6% | +$59.9K |
2013 Q2
13 quarters
|
|
|
KWY
2522
Kingsway Corp
KWY
$272M
| $1.1M | ﹤0.01% |
191,070
+35,300
| +23% | +$196K |
2014 Q2
9 quarters
|
|
|
BSF
2523
DELISTED
Bear State Financial, Inc.
BSF
| $1.1M | ﹤0.01% |
119,363
+10,300
| +9% | +$96.7K |
2013 Q2
13 quarters
|
|
2524
McDonald's
MCD
$166B
| $1.1M | ﹤0.01% |
9,500
-472,300
| -98% | -$56M |
2016 Q1
2 quarters
|
|
|
ATTU
2525
DELISTED
Attunity Ltd
ATTU
| $1.09M | ﹤0.01% |
164,600
-9,747
| -6% | -$83.7K |
2015 Q1
6 quarters
|
|
Similar funds
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 413 new positions and adding to 1,833 existing holdings. Its largest new stake was FedEx: 811,400 shares worth $142M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% 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 413 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.