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 | |
|---|---|---|---|---|---|---|---|
501
Veeco
VECO
$3.15B
| $28.2M | 0.05% |
1,438,400
+10,400
| +0.7% | +$196K |
2015 Q1
6 quarters
|
|
502
News Corp Class A
NWSA
$15.6B
| $28.2M | 0.05% |
2,016,600
-583,800
| -22% | -$7.7M |
2014 Q1
10 quarters
|
|
|
MIC
503
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $28.2M | 0.05% |
338,500
+164,200
| +94% | +$13M |
2016 Q1
2 quarters
|
|
504
Sensata Technologies
ST
$6.15B
| $28.1M | 0.05% |
725,400
+228,000
| +46% | +$8.61M |
2016 Q2
1 quarter
|
|
505
Portland General Electric
POR
$5.33B
| $28.1M | 0.05% |
659,600
+146,900
| +29% | +$6.36M |
2014 Q2
9 quarters
|
|
506
T. Rowe Price
TROW
$22.2B
| $28.1M | 0.05% |
421,900
+295,500
| +234% | +$20.6M |
2014 Q3
8 quarters
|
|
|
SHOR
507
DELISTED
ShoreTel, Inc.
SHOR
| $28M | 0.05% |
3,501,684
+609,400
| +21% | +$4.77M |
2013 Q2
13 quarters
|
|
|
GXP
508
DELISTED
Great Plains Energy Incorporated
GXP
| $27.9M | 0.05% |
1,023,015
-301,100
| -23% | -$8.62M |
2014 Q3
8 quarters
|
|
509
Abbott
ABT
$170B
| $27.8M | 0.05% |
+657,300
| New | +$28.2M |
2016 Q3
0 quarters
|
|
|
IL
510
DELISTED
IntraLinks Holdings Inc.
IL
| $27.7M | 0.05% |
2,756,600
+28,000
| +1% | +$237K |
2013 Q2
13 quarters
|
|
511
Celanese
CE
$4.92B
| $27.7M | 0.05% |
416,500
+84,300
| +25% | +$5.51M |
2016 Q1
2 quarters
|
|
|
CAJ
512
DELISTED
Canon, Inc.
CAJ
| $27.7M | 0.05% |
954,000
+54,500
| +6% | +$1.56M |
2013 Q2
13 quarters
|
|
513
Enbridge
ENB
$104B
| $27.7M | 0.05% |
+626,369
| New | +$26.3M |
2016 Q3
0 quarters
|
|
514
Bank OZK
OZK
$4.89B
| $27.6M | 0.05% |
719,297
+468,324
| +187% | +$17.8M |
2013 Q2
13 quarters
|
|
|
CEL
515
DELISTED
Cellcom Israel, Ltd.
CEL
| $27.5M | 0.05% |
3,673,754
+18,254
| +0.5% | +$133K |
2013 Q2
13 quarters
|
|
516
Amdocs
DOX
$6.13B
| $27.5M | 0.05% |
475,300
-603,200
| -56% | -$35.5M |
2013 Q2
13 quarters
|
|
517
SBA Communications
SBAC
$18B
| $27.5M | 0.05% |
244,949
-107,800
| -31% | -$12.2M |
2015 Q2
5 quarters
|
|
|
CNR
518
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $27.4M | 0.05% |
1,879,600
+765,400
| +69% | +$12.3M |
2015 Q1
6 quarters
|
|
|
EMBJ
519
Embraer S.A. ADS
EMBJ
$12.6B
| $27.4M | 0.05% |
1,587,800
-541,300
| -25% | -$10.4M |
2015 Q3
4 quarters
|
|
|
TYPE
520
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $27.4M | 0.05% |
1,238,500
-52,300
| -4% | -$1.14M |
2013 Q2
13 quarters
|
|
521
FirstService
FSV
$5.6B
| $27.4M | 0.05% |
586,000
-35,200
| -6% | -$1.68M |
2015 Q2
5 quarters
|
|
522
Accuray
ARAY
$28.8M
| $27.3M | 0.05% |
4,286,723
+967,723
| +29% | +$5.28M |
2013 Q4
11 quarters
|
|
|
IPHS
523
DELISTED
Innophos Holdings, Inc.
IPHS
| $27.3M | 0.05% |
699,496
+15,196
| +2% | +$625K |
2014 Q3
8 quarters
|
|
524
Aon
AON
$58.8B
| $27.2M | 0.05% |
242,101
-184,800
| -43% | -$20.4M |
2016 Q1
2 quarters
|
|
|
AWH
525
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $27.2M | 0.05% |
672,800
+290,300
| +76% | +$11.5M |
2015 Q3
4 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.