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 | |
|---|---|---|---|---|---|---|---|
3501
Vulcan Materials
VMC
$31.9B
| – | – |
-207,065
| Closed | -$24.9M | – |
|
|
VNET
3502
VNET Group
VNET
$1.47B
| – | – |
-723,300
| Closed | -$7.38M | – |
|
3503
Verisk Analytics
VRSK
$22.8B
| – | – |
-204,700
| Closed | -$16.6M | – |
|
3504
Vertex Pharmaceuticals
VRTX
$128B
| – | – |
-60,517
| Closed | -$5.21M | – |
|
|
VTLE
3505
DELISTED
Vital Energy
VTLE
| – | – |
-42,165
| Closed | -$8.84M | – |
|
3506
Bristow Group
VTOL
$1.2B
| – | – |
-9,750
| Closed | -$183K | – |
|
3507
Wayfair
W
$14.4B
| – | – |
-283,500
| Closed | -$11.1M | – |
|
3508
Western Alliance Bancorporation
WAL
$8.24B
| – | – |
-88,516
| Closed | -$2.89M | – |
|
|
WBA
3509
DELISTED
Walgreens Boots Alliance
WBA
| – | – |
-758,600
| Closed | -$63.2M | – |
|
3510
Wells Fargo
WFC
$248B
| – | – |
-36,900
| Closed | -$1.75M | – |
|
3511
Williams Companies
WMB
$88.5B
| – | – |
-2,235,000
| Closed | -$48.3M | – |
|
3512
Williams-Sonoma
WSM
$28.1B
| – | – |
-1,352,600
| Closed | -$35.3M | – |
|
3513
West Pharmaceutical
WST
$25.6B
| – | – |
-45,900
| Closed | -$3.48M | – |
|
3514
Wintrust Financial
WTFC
$9.73B
| – | – |
-15,600
| Closed | -$796K | – |
|
3515
Wave Life Sciences
WVE
$684M
| – | – |
-35,700
| Closed | -$739K | – |
|
3516
Weyerhaeuser
WY
$13.8B
| – | – |
-299,260
| Closed | -$8.91M | – |
|
3517
Expro Ltd
XPRO
$1.82B
| – | – |
-44,217
| Closed | -$3.88M | – |
|
3518
Xylem
XYL
$23.8B
| – | – |
-611,900
| Closed | -$27.3M | – |
|
|
VRN
3519
DELISTED
Veren
VRN
| – | – |
-237,000
| Closed | -$3.74M | – |
|
|
NBIS
3520
Nebius Group N.V.
NBIS
$59.7B
| – | – |
-16,400
| Closed | -$358K | – |
|
|
JBTM
3521
JBT Marel
JBTM
$5.47B
| – | – |
-63,500
| Closed | -$3.89M | – |
|
|
BCPC
3522
Balchem Corp
BCPC
$5.38B
| – | – |
-10,600
| Closed | -$632K | – |
|
|
MRO
3523
DELISTED
Marathon Oil Corporation
MRO
| – | – |
-2,110,046
| Closed | -$31.7M | – |
|
|
PRFT
3524
DELISTED
Perficient Inc
PRFT
| – | – |
-44,242
| Closed | -$899K | – |
|
|
KA
3525
DELISTED
Kineta, Inc. Common Stock
KA
| – | – |
-141
| Closed | -$239K | – |
|
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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.