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 | |
|---|---|---|---|---|---|---|---|
2626
CNO Financial Group
CNO
$4.9B
| $883K | ﹤0.01% |
+57,800
| New | +$942K |
2016 Q3
0 quarters
|
|
|
IMDZ
2627
DELISTED
Immune Design Corp.
IMDZ
| $883K | ﹤0.01% |
+116,500
| New | +$852K |
2016 Q3
0 quarters
|
|
2628
Primis Financial Corp
FRST
$378M
| $878K | ﹤0.01% |
67,300
+19,000
| +39% | +$242K |
2016 Q2
1 quarter
|
|
|
SFUN
2629
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $872K | ﹤0.01% |
+3,882
| New | +$929K |
2016 Q3
0 quarters
|
|
|
ARTX
2630
DELISTED
Arotech Corporation
ARTX
| $863K | ﹤0.01% |
292,500
+132,500
| +83% | +$378K |
2016 Q2
1 quarter
|
|
2631
BCB Bancorp
BCBP
$253M
| $862K | ﹤0.01% |
76,600
+16,700
| +28% | +$180K |
2015 Q4
3 quarters
|
|
2632
Hallador Energy
HNRG
$656M
| $861K | ﹤0.01% |
109,300
+9,400
| +9% | +$56.3K |
2016 Q2
1 quarter
|
|
2633
Orion Energy Systems
OESX
$106M
| $859K | ﹤0.01% |
64,570
+12,230
| +23% | +$164K |
2013 Q2
13 quarters
|
|
|
LUB
2634
DELISTED
Luby's Inc.
LUB
| $858K | ﹤0.01% |
200,000
+14,600
| +8% | +$66.2K |
2014 Q4
7 quarters
|
|
|
FSAM
2635
DELISTED
Fifth Street Asset Management Inc. Class A
FSAM
| $858K | ﹤0.01% |
155,800
+85,600
| +122% | +$420K |
2016 Q1
2 quarters
|
|
|
GENE
2636
DELISTED
Genetic Technologies Ltd.
GENE
| $857K | ﹤0.01% |
24,334
+4,160
| +21% | +$169K |
2014 Q2
9 quarters
|
|
|
BOXC
2637
DELISTED
Brookfield Can Office Properties
BOXC
| $856K | ﹤0.01% |
40,800
+3,400
| +9% | +$74.4K |
2014 Q2
9 quarters
|
|
|
KLDX
2638
DELISTED
KLONDEX MINES LTD
KLDX
| $853K | ﹤0.01% |
148,400
-15,400
| -9% | -$77.3K |
2016 Q1
2 quarters
|
|
2639
Pacira BioSciences
PCRX
$1.45B
| $849K | ﹤0.01% |
24,800
-10,000
| -29% | -$392K |
2016 Q2
1 quarter
|
|
|
AIOT
2640
PowerFleet Inc
AIOT
$362M
| $849K | ﹤0.01% |
171,815
+15,200
| +10% | +$76.2K |
2013 Q2
13 quarters
|
|
|
LTS
2641
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $847K | ﹤0.01% |
366,700
+115,800
| +46% | +$269K |
2016 Q1
2 quarters
|
|
|
SRLP
2642
DELISTED
SPRAGUE RESOURCES LP
SRLP
| $843K | ﹤0.01% |
35,600
+12,800
| +56% | +$310K |
2016 Q2
1 quarter
|
|
|
PPIH
2643
Perma-Pipe International
PPIH
$257M
| $840K | ﹤0.01% |
109,700
+7,302
| +7% | +$55.9K |
2013 Q2
13 quarters
|
|
|
HK
2644
DELISTED
Halcon Resources Corporation
HK
| $840K | ﹤0.01% |
+89,600
| New | +$1.05M |
2016 Q3
0 quarters
|
|
|
SNCR
2645
DELISTED
Synchronoss Technologies
SNCR
| $836K | ﹤0.01% |
2,256
+400
| +22% | +$141K |
2015 Q4
3 quarters
|
|
|
CVO
2646
DELISTED
Cenevo, Inc.
CVO
| $834K | ﹤0.01% |
118,347
+24,259
| +26% | +$181K |
2015 Q1
6 quarters
|
|
|
ARIS
2647
DELISTED
ARI Network Services, Inc.
ARIS
| $834K | ﹤0.01% |
+187,800
| New | +$872K |
2016 Q3
0 quarters
|
|
2648
Weyco Group
WEYS
$491M
| $833K | ﹤0.01% |
31,000
+800
| +3% | +$21.4K |
2014 Q2
9 quarters
|
|
|
AVID
2649
DELISTED
Avid Technology Inc
AVID
| $832K | ﹤0.01% |
104,800
+59,300
| +130% | +$456K |
2016 Q2
1 quarter
|
|
|
ABCO
2650
DELISTED
Advisory Board Co
ABCO
| $832K | ﹤0.01% |
18,600
-82,140
| -82% | -$3.38M |
2016 Q1
2 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.