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 | |
|---|---|---|---|---|---|---|---|
2601
Micron Technology
MU
$1.16T
| $930K | ﹤0.01% |
52,300
-3,930,500
| -99% | -$60M |
2016 Q1
2 quarters
|
|
2602
CPI Card Group
PMTS
$296M
| $928K | ﹤0.01% |
+30,720
| New | +$794K |
2016 Q3
0 quarters
|
|
|
MSON
2603
DELISTED
Misonix Inc
MSON
| $928K | ﹤0.01% |
173,500
+2,500
| +1% | +$15.1K |
2013 Q2
13 quarters
|
|
|
VBTX
2604
DELISTED
Veritex Holdings
VBTX
| $925K | ﹤0.01% |
53,200
+31,700
| +147% | +$539K |
2015 Q4
3 quarters
|
|
|
MYCC
2605
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $925K | ﹤0.01% |
63,900
-319,800
| -83% | -$4.67M |
2015 Q1
6 quarters
|
|
2606
Agnico Eagle Mines
AEM
$95.7B
| $921K | ﹤0.01% |
+17,036
| New | +$938K |
2016 Q3
0 quarters
|
|
|
HDP
2607
DELISTED
Hortonworks, Inc.
HDP
| $921K | ﹤0.01% |
+110,300
| New | +$1.05M |
2016 Q3
0 quarters
|
|
2608
AMCON Distributing
DIT
$63.6M
| $919K | ﹤0.01% |
15,150
+1,200
| +9% | +$72.6K |
2013 Q2
13 quarters
|
|
2609
Triumph Financial Inc
TFIN
$1.49B
| $919K | ﹤0.01% |
46,300
+2,900
| +7% | +$52.5K |
2015 Q2
5 quarters
|
|
2610
Coffee Holding Co
JVA
$26.4M
| $917K | ﹤0.01% |
164,900
+38,000
| +30% | +$216K |
2014 Q3
8 quarters
|
|
|
DVD
2611
DELISTED
Dover Motorsports
DVD
| $914K | ﹤0.01% |
370,200
+7,100
| +2% | +$16K |
2013 Q2
13 quarters
|
|
2612
Southern First Bancshares
SFST
$565M
| $913K | ﹤0.01% |
33,100
+8,200
| +33% | +$226K |
2016 Q2
1 quarter
|
|
|
FLNA
2613
Filana Therapeutics
FLNA
$39.5M
| $910K | ﹤0.01% |
130,027
+15,772
| +14% | +$261K |
2013 Q2
13 quarters
|
|
|
ICD
2614
DELISTED
Independence Contract Drilling, Inc.
ICD
| $910K | ﹤0.01% |
8,665
-6,935
| -44% | -$701K |
2015 Q1
6 quarters
|
|
|
MORE
2615
DELISTED
Monogram Residential Trust, Inc.
MORE
| $905K | ﹤0.01% |
85,100
-183,400
| -68% | -$1.91M |
2015 Q3
4 quarters
|
|
2616
Terreno Realty
TRNO
$7.06B
| $902K | ﹤0.01% |
32,800
-247,700
| -88% | -$6.64M |
2014 Q2
9 quarters
|
|
|
FWDI
2617
Forward Industries Inc
FWDI
$560M
| $900K | ﹤0.01% |
60,400
+1,160
| +2% | +$17.4K |
2013 Q2
13 quarters
|
|
|
STZ.B
2618
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $900K | ﹤0.01% |
5,400
| – | – |
2014 Q1
10 quarters
|
|
|
TGH
2619
DELISTED
Textainer Group Holdings limited
TGH
| $899K | ﹤0.01% |
120,000
+107,400
| +852% | +$1.06M |
2016 Q2
1 quarter
|
|
2620
V2X
VVX
$2.24B
| $896K | ﹤0.01% |
58,800
+14,800
| +34% | +$444K |
2016 Q2
1 quarter
|
|
|
CRHM
2621
DELISTED
CRH Medical Corporation
CRHM
| $892K | ﹤0.01% |
231,900
+109,900
| +90% | +$420K |
2016 Q1
2 quarters
|
|
2622
Pixelworks
PXLW
$35.9M
| $891K | ﹤0.01% |
26,617
+6,592
| +33% | +$199K |
2015 Q4
3 quarters
|
|
2623
Sonoco
SON
$4.74B
| $888K | ﹤0.01% |
+16,800
| New | +$866K |
2016 Q3
0 quarters
|
|
|
IA
2624
Innovative Solutions & Support
IA
$347M
| $887K | ﹤0.01% |
278,209
+52,709
| +23% | +$155K |
2013 Q2
13 quarters
|
|
|
ALTA
2625
DELISTED
Altabancorp
ALTA
| $885K | ﹤0.01% |
43,500
-22,900
| -34% | -$434K |
2015 Q4
3 quarters
|
|
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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 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.