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 | |
|---|---|---|---|---|---|---|---|
|
SEE
3476
DELISTED
Sealed Air
SEE
| – | – |
-495,200
| Closed | -$22.8M | – |
|
3477
Shinhan Financial Group
SHG
$35.4B
| – | – |
-22,300
| Closed | -$730K | – |
|
3478
Steven Madden
SHOO
$3.23B
| – | – |
-177,417
| Closed | -$4.04M | – |
|
3479
SLB Ltd
SLB
$72.7B
| – | – |
-1,176,504
| Closed | -$93M | – |
|
3480
StoneX
SNEX
$7.25B
| – | – |
-38,966
| Closed | -$210K | – |
|
3481
S&P Global
SPGI
$119B
| – | – |
-357,600
| Closed | -$38.4M | – |
|
3482
Sportsman's Warehouse
SPWH
$44.2M
| – | – |
-245,600
| Closed | -$1.98M | – |
|
3483
E.W. Scripps
SSP
$268M
| – | – |
-93,281
| Closed | -$1.48M | – |
|
|
STKL
3484
DELISTED
SunOpta
STKL
| – | – |
-158,230
| Closed | -$663K | – |
|
3485
Stereotaxis
STXS
$111M
| – | – |
-248,700
| Closed | -$244K | – |
|
3486
Suncor Energy
SU
$82.9B
| – | – |
-1,005,266
| Closed | -$27.8M | – |
|
3487
Sunoco
SUN
$13.9B
| – | – |
-181,200
| Closed | -$5.43M | – |
|
|
TGNA
3488
DELISTED
TEGNA Inc
TGNA
| – | – |
-1,163,750
| Closed | -$17.3M | – |
|
3489
Target
TGT
$70.3B
| – | – |
-10,900
| Closed | -$761K | – |
|
3490
TJX Companies
TJX
$153B
| – | – |
-2,167,600
| Closed | -$83.7M | – |
|
3491
Turkcell
TKC
$4.46B
| – | – |
-115,919
| Closed | -$1.06M | – |
|
3492
Talphera
TLPH
$56.1M
| – | – |
-1,055
| Closed | -$57K | – |
|
|
TMHC
3493
DELISTED
Taylor Morrison
TMHC
| – | – |
-12,100
| Closed | -$180K | – |
|
3494
T-Mobile US
TMUS
$184B
| – | – |
-782,850
| Closed | -$33.9M | – |
|
3495
Travel + Leisure Co
TNL
$3.84B
| – | – |
-102,112
| Closed | -$3.28M | – |
|
3496
Texas Pacific Land
TPL
$24.7B
| – | – |
-40,491
| Closed | -$759K | – |
|
3497
Texas Roadhouse
TXRH
$10.7B
| – | – |
-8,672
| Closed | -$395K | – |
|
3498
Textron
TXT
$12.6B
| – | – |
-197,200
| Closed | -$7.21M | – |
|
3499
Energy Fuels
UUUU
$2.63B
| – | – |
-43,719
| Closed | -$99K | – |
|
3500
Vermilion Energy
VET
$1.81B
| – | – |
-79,900
| Closed | -$2.54M | – |
|
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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.