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 | |
|---|---|---|---|---|---|---|---|
526
Arista Networks
ANET
$266B
| $27.2M | 0.05% |
5,107,200
+4,288,000
| +523% | +$20.4M |
2015 Q3
4 quarters
|
|
|
XOXO
527
DELISTED
Xo Group Inc
XOXO
| $27.1M | 0.05% |
1,404,500
+60,300
| +4% | +$1.11M |
2013 Q2
13 quarters
|
|
528
Glacier Bancorp
GBCI
$5.6B
| $27.1M | 0.05% |
948,800
-14,660
| -2% | -$414K |
2013 Q2
13 quarters
|
|
529
National Fuel Gas
NFG
$7.43B
| $27M | 0.05% |
499,500
+165,000
| +49% | +$9.33M |
2014 Q4
7 quarters
|
|
530
Cognizant
CTSH
$27B
| $27M | 0.05% |
565,752
+140,500
| +33% | +$7.99M |
2016 Q2
1 quarter
|
|
531
FormFactor
FORM
$10.7B
| $27M | 0.05% |
2,485,522
+95,900
| +4% | +$965K |
2013 Q2
13 quarters
|
|
532
Haverty Furniture Companies
HVT
$429M
| $26.9M | 0.05% |
1,344,300
+8,600
| +0.6% | +$168K |
2013 Q2
13 quarters
|
|
|
EGOV
533
DELISTED
NIC Inc
EGOV
| $26.9M | 0.05% |
1,145,260
-165,140
| -13% | -$3.8M |
2013 Q2
13 quarters
|
|
|
CALD
534
DELISTED
Callidus Software, Inc.
CALD
| $26.9M | 0.05% |
1,464,600
-83,600
| -5% | -$1.63M |
2013 Q3
12 quarters
|
|
535
FirstCash
FCFS
$9.17B
| $26.9M | 0.05% |
570,814
+485,914
| +572% | +$24.4M |
2015 Q1
6 quarters
|
|
|
RAX
536
DELISTED
Rackspace Hosting Inc
RAX
| $26.8M | 0.05% |
847,200
+134,500
| +19% | +$3.71M |
2014 Q4
7 quarters
|
|
|
FLTX
537
DELISTED
Fleetmatics Group PLC
FLTX
| $26.8M | 0.05% |
447,400
-150,700
| -25% | -$8.24M |
2015 Q2
5 quarters
|
|
|
DGI
538
DELISTED
DigitalGlobe Inc.
DGI
| $26.8M | 0.05% |
975,800
+9,025
| +0.9% | +$231K |
2013 Q4
11 quarters
|
|
539
EOG Resources
EOG
$77.9B
| $26.8M | 0.05% |
+276,800
| New | +$24.3M |
2016 Q3
0 quarters
|
|
|
PSB
540
DELISTED
PS Business Parks, Inc.
PSB
| $26.7M | 0.05% |
235,400
-51,000
| -18% | -$5.63M |
2013 Q2
13 quarters
|
|
541
Newell Brands
NWL
$2.44B
| $26.7M | 0.05% |
506,927
-81,500
| -14% | -$4.21M |
2016 Q2
1 quarter
|
|
542
Renasant Corp
RNST
$3.59B
| $26.7M | 0.05% |
793,239
-34,810
| -4% | -$1.17M |
2013 Q2
13 quarters
|
|
|
IBA
543
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $26.7M | 0.05% |
531,400
-3,036
| -0.6% | -$158K |
2013 Q2
13 quarters
|
|
|
TCF
544
DELISTED
TCF Financial Corporation
TCF
| $26.6M | 0.05% |
1,835,700
-205,600
| -10% | -$2.85M |
2014 Q3
8 quarters
|
|
545
Perdoceo Education
PRDO
$2.09B
| $26.6M | 0.05% |
3,920,800
+347,500
| +10% | +$2.36M |
2013 Q2
13 quarters
|
|
546
Ituran Location and Control
ITRN
$1.03B
| $26.6M | 0.05% |
1,005,900
+49,400
| +5% | +$1.22M |
2013 Q2
13 quarters
|
|
547
Glaukos
GKOS
$9.51B
| $26.6M | 0.05% |
705,200
+580,800
| +467% | +$19.2M |
2016 Q2
1 quarter
|
|
548
Booz Allen Hamilton
BAH
$8.77B
| $26.6M | 0.05% |
841,494
+196,900
| +31% | +$6.01M |
2016 Q2
1 quarter
|
|
549
Kennametal
KMT
$2.42B
| $26.5M | 0.05% |
914,400
+493,900
| +117% | +$13.1M |
2015 Q2
5 quarters
|
|
|
COL
550
DELISTED
Rockwell Collins
COL
| $26.5M | 0.05% |
+314,200
| New | +$26.5M |
2016 Q3
0 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.