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 | |
|---|---|---|---|---|---|---|---|
451
Carlisle Companies
CSL
$12.8B
| $31.8M | 0.06% |
310,400
-60,300
| -16% | -$6.29M |
2015 Q4
3 quarters
|
|
452
C.H. Robinson
CHRW
$16.5B
| $31.8M | 0.06% |
451,708
+7,300
| +2% | +$512K |
2016 Q1
2 quarters
|
|
453
PetMed Express
PETS
$27.7M
| $31.8M | 0.06% |
1,567,915
-94,400
| -6% | -$1.9M |
2013 Q2
13 quarters
|
|
|
DFT
454
DELISTED
DuPont Fabros Technology Inc.
DFT
| $31.7M | 0.06% |
769,600
-231,700
| -23% | -$10.5M |
2014 Q2
9 quarters
|
|
455
OraSure Technologies
OSUR
$261M
| $31.7M | 0.06% |
3,971,503
+872,700
| +28% | +$6.48M |
2013 Q2
13 quarters
|
|
|
PEI
456
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $31.6M | 0.06% |
91,620
+38,087
| +71% | +$13.6M |
2013 Q3
12 quarters
|
|
457
Pricesmart
PSMT
$5.16B
| $31.5M | 0.06% |
376,000
+76,000
| +25% | +$6.26M |
2015 Q3
4 quarters
|
|
|
TXNM
458
TXNM Energy Inc
TXNM
$6.45B
| $31.4M | 0.06% |
958,200
+176,200
| +23% | +$5.89M |
2013 Q2
13 quarters
|
|
|
YHOO
459
DELISTED
Yahoo Inc
YHOO
| $31.3M | 0.06% |
727,200
-586,500
| -45% | -$24M |
2016 Q2
1 quarter
|
|
|
TIVO
460
DELISTED
Tivo Inc
TIVO
| $31.3M | 0.06% |
1,608,408
+1,427,508
| +789% | +$28.2M |
2016 Q2
1 quarter
|
|
461
Weis Markets
WMK
$1.79B
| $31.2M | 0.06% |
589,400
-3,800
| -0.6% | -$197K |
2013 Q2
13 quarters
|
|
462
RPM International
RPM
$12.7B
| $31.2M | 0.06% |
581,200
+60,200
| +12% | +$3.19M |
2015 Q4
3 quarters
|
|
463
Nabors Industries
NBR
$1.24B
| $31.2M | 0.06% |
51,266
-5,544
| -10% | -$2.73M |
2015 Q2
5 quarters
|
|
|
SFR
464
DELISTED
Starwood Waypoint Homes
SFR
| $31.1M | 0.05% |
1,082,800
+278,300
| +35% | +$8.7M |
2015 Q3
4 quarters
|
|
|
HBI
465
DELISTED
Hanesbrands
HBI
| $31M | 0.05% |
1,226,900
+403,500
| +49% | +$10.6M |
2015 Q4
3 quarters
|
|
466
Thor Industries
THO
$3.41B
| $31M | 0.05% |
+365,700
| New | +$28.4M |
2016 Q3
0 quarters
|
|
467
Kulicke & Soffa
KLIC
$4.76B
| $30.7M | 0.05% |
2,374,728
+185,600
| +8% | +$2.33M |
2013 Q2
13 quarters
|
|
468
Universal Health Services
UHS
$10.4B
| $30.7M | 0.05% |
248,900
+140,800
| +130% | +$17.8M |
2015 Q4
3 quarters
|
|
|
CA
469
DELISTED
CA, Inc.
CA
| $30.6M | 0.05% |
926,200
-299,000
| -24% | -$10.1M |
2016 Q2
1 quarter
|
|
470
EXL Service
EXLS
$5.59B
| $30.6M | 0.05% |
3,068,000
-480,000
| -14% | -$4.88M |
2013 Q2
13 quarters
|
|
|
LMNX
471
DELISTED
Luminex Corp
LMNX
| $30.3M | 0.05% |
1,334,240
+331,340
| +33% | +$7.21M |
2013 Q2
13 quarters
|
|
|
CMO
472
DELISTED
Capstead Mortgage Corp.
CMO
| $30.3M | 0.05% |
3,213,300
+415,100
| +15% | +$4.13M |
2014 Q1
10 quarters
|
|
473
Rio Tinto
RIO
$152B
| $30.2M | 0.05% |
904,500
-911,800
| -50% | -$29.1M |
2015 Q2
5 quarters
|
|
|
FBR
474
DELISTED
Fibria Celulose Sa
FBR
| $30.1M | 0.05% |
4,264,328
-318,900
| -7% | -$2.11M |
2013 Q2
13 quarters
|
|
475
8x8 Inc
EGHT
$312M
| $30M | 0.05% |
1,945,430
+83,100
| +4% | +$1.18M |
2015 Q1
6 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.