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 | |
|---|---|---|---|---|---|---|---|
351
Ecopetrol
EC
$34.8B
| $40.7M | 0.07% |
4,641,300
-234,400
| -5% | -$2.07M |
2013 Q2
13 quarters
|
|
352
Ciena
CIEN
$60.4B
| $40.6M | 0.07% |
1,864,700
-12,000
| -0.6% | -$250K |
2014 Q4
7 quarters
|
|
353
Marvell Technology
MRVL
$247B
| $40.6M | 0.07% |
3,059,744
+1,234,900
| +68% | +$14.5M |
2016 Q1
2 quarters
|
|
354
Bunge Global
BG
$20.7B
| $40.6M | 0.07% |
684,700
-81,800
| -11% | -$5.09M |
2016 Q1
2 quarters
|
|
355
Grand Canyon Education
LOPE
$4.18B
| $40.5M | 0.07% |
1,003,900
+45,000
| +5% | +$1.87M |
2013 Q2
13 quarters
|
|
356
Rayonier Advanced Materials
RYAM
$469M
| $40.5M | 0.07% |
3,029,600
+653,500
| +28% | +$8.45M |
2014 Q4
7 quarters
|
|
|
EDE
357
DELISTED
Empire District Electric
EDE
| $40.5M | 0.07% |
1,185,317
+70,700
| +6% | +$2.4M |
2013 Q2
13 quarters
|
|
|
NMBL
358
DELISTED
Nimble Storage, Inc.
NMBL
| $40.4M | 0.07% |
4,580,300
+1,698,000
| +59% | +$13.4M |
2015 Q1
6 quarters
|
|
359
Evertec
EVTC
$1.75B
| $40.4M | 0.07% |
2,407,300
+327,800
| +16% | +$5.48M |
2014 Q2
9 quarters
|
|
360
Methode Electronics
MEI
$544M
| $40.3M | 0.07% |
1,152,180
+93,900
| +9% | +$3.3M |
2013 Q2
13 quarters
|
|
361
JB Hunt Transport Services
JBHT
$21.5B
| $40.2M | 0.07% |
495,344
-138,500
| -22% | -$11.3M |
2013 Q2
13 quarters
|
|
362
GSK
GSK
$93.2B
| $40.1M | 0.07% |
744,000
+335,360
| +82% | +$18.4M |
2013 Q2
13 quarters
|
|
|
ISLE
363
DELISTED
Isle of Capri Casinos Inc
ISLE
| $40.1M | 0.07% |
1,797,700
+424,300
| +31% | +$7.98M |
2014 Q4
7 quarters
|
|
|
MXIM
364
DELISTED
Maxim Integrated Products
MXIM
| $40M | 0.07% |
1,002,800
+794,100
| +380% | +$31.3M |
2013 Q2
13 quarters
|
|
365
STMicroelectronics
STM
$47.2B
| $40M | 0.07% |
4,903,695
+3,625,649
| +284% | +$26M |
2015 Q3
4 quarters
|
|
366
Avery Dennison
AVY
$12.7B
| $39.9M | 0.07% |
512,600
-153,200
| -23% | -$11.7M |
2014 Q4
7 quarters
|
|
367
Paychex
PAYX
$37.2B
| $39.7M | 0.07% |
+685,901
| New | +$41.1M |
2016 Q3
0 quarters
|
|
368
Visa
V
$704B
| $39.6M | 0.07% |
478,800
-349,400
| -42% | -$28M |
2013 Q3
12 quarters
|
|
369
Infosys
INFY
$43.3B
| $39.5M | 0.07% |
5,011,000
+3,670,600
| +274% | +$30.3M |
2016 Q1
2 quarters
|
|
|
CKEC
370
DELISTED
Carmike Cinemas Inc
CKEC
| $39.5M | 0.07% |
1,209,300
+178,500
| +17% | +$5.63M |
2013 Q2
13 quarters
|
|
371
Hanover Insurance
THG
$7.73B
| $39.5M | 0.07% |
524,100
+332,000
| +173% | +$26.4M |
2013 Q2
13 quarters
|
|
372
Kearny Financial
KRNY
$581M
| $39.5M | 0.07% |
2,902,045
+58,200
| +2% | +$778K |
2013 Q2
13 quarters
|
|
373
Quad
QUAD
$488M
| $39.4M | 0.07% |
1,475,600
+465,800
| +46% | +$12.4M |
2014 Q1
10 quarters
|
|
374
Eaton
ETN
$165B
| $39.4M | 0.07% |
599,711
+142,400
| +31% | +$9.21M |
2016 Q2
1 quarter
|
|
375
National Beverage
FIZZ
$2.89B
| $39.2M | 0.07% |
1,778,800
+334,800
| +23% | +$9.01M |
2013 Q2
13 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.