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 | |
|---|---|---|---|---|---|---|---|
|
DTRM
3076
DELISTED
Determine, Inc. Common Stock
DTRM
| $196K | ﹤0.01% |
115,114
+5,900
| +5% | +$10.3K |
2013 Q2
13 quarters
|
|
|
UFAB
3077
DELISTED
Unique Fabricating, Inc.
UFAB
| $195K | ﹤0.01% |
+15,900
| New | +$207K |
2016 Q3
0 quarters
|
|
|
SMRT
3078
DELISTED
Stein Mart Inc
SMRT
| $194K | ﹤0.01% |
30,600
+18,800
| +159% | +$153K |
2015 Q1
6 quarters
|
|
|
GLDD
3079
DELISTED
Great Lakes Dredge & Dock
GLDD
| $190K | ﹤0.01% |
54,200
+26,500
| +96% | +$107K |
2016 Q2
1 quarter
|
|
|
SMIT
3080
DELISTED
Schmitt Industries Inc
SMIT
| $190K | ﹤0.01% |
121,700
+21,400
| +21% | +$35.8K |
2013 Q2
13 quarters
|
|
3081
Gray Media Inc
GTN.A
$518M
| $188K | ﹤0.01% |
18,300
| – | – |
2013 Q2
13 quarters
|
|
|
FNJN
3082
DELISTED
Finjan Holdings, Inc.
FNJN
| $185K | ﹤0.01% |
108,500
-7,700
| -7% | -$13.4K |
2014 Q4
7 quarters
|
|
3083
Stabilis Solutions
SLNG
$101M
| $184K | ﹤0.01% |
9,600
+525
| +6% | +$11.3K |
2013 Q2
13 quarters
|
|
|
ULTR
3084
DELISTED
ULTRAPETROL (BAHAMAS) LTD COM STK
ULTR
| $184K | ﹤0.01% |
609,900
+46,700
| +8% | +$15.6K |
2013 Q2
13 quarters
|
|
3085
Dorian LPG
LPG
$2.47B
| $182K | ﹤0.01% |
+30,400
| New | +$188K |
2016 Q3
0 quarters
|
|
|
MYOK
3086
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $181K | ﹤0.01% |
+11,100
| New | +$200K |
2016 Q3
0 quarters
|
|
|
NEFF
3087
DELISTED
Neff Corporation
NEFF
| $180K | ﹤0.01% |
18,900
-22,300
| -54% | -$211K |
2016 Q2
1 quarter
|
|
|
CCIH
3088
DELISTED
Chinacache International Holdings Ltd
CCIH
| $180K | ﹤0.01% |
+46,808
| New | +$271K |
2016 Q3
0 quarters
|
|
|
BYU
3089
DELISTED
BAIYU Holdings, Inc. Common Stock
BYU
| $179K | ﹤0.01% |
71
+52
| +274% | +$121K |
2016 Q1
2 quarters
|
|
|
DZSI
3090
DELISTED
DZS Inc. Common Stock
DZSI
| $178K | ﹤0.01% |
31,277
+11,980
| +62% | +$68.7K |
2015 Q4
3 quarters
|
|
|
SORL
3091
DELISTED
SORL Auto Parts, Inc.
SORL
| $177K | ﹤0.01% |
46,700
-18,600
| -28% | -$45.7K |
2015 Q2
5 quarters
|
|
|
FGP
3092
DELISTED
Ferrellgas Partners, L.P.
FGP
| $176K | ﹤0.01% |
+15,100
| New | +$282K |
2016 Q3
0 quarters
|
|
3093
OR Royalties Inc
OR
$6.53B
| $175K | ﹤0.01% |
+15,974
| New | +$199K |
2016 Q3
0 quarters
|
|
3094
Kratos Defense & Security Solutions
KTOS
$7.95B
| $174K | ﹤0.01% |
25,300
-69,007
| -73% | -$403K |
2016 Q2
1 quarter
|
|
|
QTNT
3095
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $174K | ﹤0.01% |
+555
| New | +$156K |
2016 Q3
0 quarters
|
|
|
APEN
3096
DELISTED
Apollo Endosurgery, Inc.
APEN
| $173K | ﹤0.01% |
9,610
+3,181
| +49% | +$42.4K |
2015 Q4
3 quarters
|
|
|
AIFC
3097
AI Financial Corp
AIFC
$61M
| $172K | ﹤0.01% |
35,040
+840
| +2% | +$5.01K |
2013 Q2
13 quarters
|
|
|
PIOI
3098
DELISTED
Active Power Inc
PIOI
| $172K | ﹤0.01% |
621,298
+106,398
| +21% | +$37.8K |
2014 Q3
8 quarters
|
|
|
EAC
3099
DELISTED
Erickson Incorporated
EAC
| $170K | ﹤0.01% |
253,600
+108,700
| +75% | +$60.6K |
2015 Q3
4 quarters
|
|
3100
American Realty Investors
ARL
$266M
| $168K | ﹤0.01% |
21,500
+5,700
| +36% | +$36.8K |
2014 Q2
9 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.