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 | |
|---|---|---|---|---|---|---|---|
3051
Radiant Logistics
RLGT
$432M
| $217K | ﹤0.01% |
76,500
-163,860
| -68% | -$495K |
2013 Q4
11 quarters
|
|
|
GSOL
3052
DELISTED
Global Sources Ltd
GSOL
| $217K | ﹤0.01% |
25,564
+2,010
| +9% | +$17.6K |
2016 Q2
1 quarter
|
|
|
BNSO
3053
DELISTED
Bonso Electronic International
BNSO
| $216K | ﹤0.01% |
128,000
+46,500
| +57% | +$83.9K |
2013 Q2
13 quarters
|
|
|
RMGN
3054
DELISTED
RMG Networks Holding Corporation
RMGN
| $215K | ﹤0.01% |
61,050
+7,275
| +14% | +$28.8K |
2015 Q1
6 quarters
|
|
3055
Ardmore Shipping
ASC
$788M
| $214K | ﹤0.01% |
+30,400
| New | +$222K |
2016 Q3
0 quarters
|
|
3056
Pure Cycle
PCYO
$268M
| $214K | ﹤0.01% |
+37,200
| New | +$177K |
2016 Q3
0 quarters
|
|
3057
Dynagas LNG Partners
DLNG
$131M
| $212K | ﹤0.01% |
+13,700
| New | +$201K |
2016 Q3
0 quarters
|
|
3058
Ocugen
OCGN
$324M
| $210K | ﹤0.01% |
1,092
+472
| +76% | +$73.8K |
2016 Q1
2 quarters
|
|
|
PRPH
3059
DELISTED
ProPhase Labs
PRPH
| $210K | ﹤0.01% |
10,670
+640
| +6% | +$11K |
2013 Q2
13 quarters
|
|
|
FSB
3060
DELISTED
Franklin Financial Network, Inc.
FSB
| $209K | ﹤0.01% |
5,600
-9,800
| -64% | -$334K |
2015 Q4
3 quarters
|
|
|
CIZN
3061
DELISTED
Citizens Holding Co.
CIZN
| $209K | ﹤0.01% |
+9,000
| New | +$205K |
2016 Q3
0 quarters
|
|
|
AFMD
3062
DELISTED
Affimed
AFMD
| $206K | ﹤0.01% |
7,410
-3,370
| -31% | -$94.5K |
2016 Q2
1 quarter
|
|
3063
Mastech Digital
MHH
$80.8M
| $205K | ﹤0.01% |
50,400
-600
| -1% | -$2.22K |
2015 Q1
6 quarters
|
|
|
TBCH
3064
Turtle Beach Corp
TBCH
$237M
| $204K | ﹤0.01% |
+38,950
| New | +$164K |
2016 Q3
0 quarters
|
|
3065
Northern Technologies International Corp
NTIC
$73M
| $203K | ﹤0.01% |
32,200
+6,200
| +24% | +$41.2K |
2014 Q4
7 quarters
|
|
3066
Arq
ARQ
$88.6M
| $203K | ﹤0.01% |
+27,000
| New | +$199K |
2016 Q3
0 quarters
|
|
|
BAS
3067
DELISTED
Basis Energy Services, Inc.
BAS
| $203K | ﹤0.01% |
+428
| New | +$196K |
2016 Q3
0 quarters
|
|
|
QLTI
3068
DELISTED
QLT Inc
QLTI
| $200K | ﹤0.01% |
97,164
+17,491
| +22% | +$26.1K |
2014 Q4
7 quarters
|
|
3069
Safe Bulkers
SB
$971M
| $199K | ﹤0.01% |
140,900
+108,300
| +332% | +$140K |
2016 Q2
1 quarter
|
|
|
ESTE
3070
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $199K | ﹤0.01% |
23,178
-47,722
| -67% | -$473K |
2016 Q2
1 quarter
|
|
|
AIM
3071
AIM ImmunoTech
AIM
$7.18M
| $199K | ﹤0.01% |
36
+2
| +6% | +$14K |
2014 Q3
8 quarters
|
|
3072
Tecnoglass Holdings
TGLS
$1.67B
| $198K | ﹤0.01% |
16,480
-14,040
| -46% | -$166K |
2015 Q2
5 quarters
|
|
|
EMITF
3073
DELISTED
Elbit Imaging Ltd
EMITF
| $198K | ﹤0.01% |
51,113
+16,000
| +46% | +$52.6K |
2016 Q2
1 quarter
|
|
|
EFUT
3074
DELISTED
eFuture Holding Inc. Ordinary Shares
EFUT
| $197K | ﹤0.01% |
31,900
+600
| +2% | +$3.33K |
2015 Q2
5 quarters
|
|
|
SDRL
3075
DELISTED
Seadrill Limited Common Stock
SDRL
| $196K | ﹤0.01% |
+309
| New | +$222K |
2016 Q3
0 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.