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 | |
|---|---|---|---|---|---|---|---|
601
WEC Energy
WEC
$33.7B
| $23.9M | 0.04% |
+398,702
| New | +$24.9M |
2016 Q3
0 quarters
|
|
602
Federated Hermes
FHI
$4.19B
| $23.8M | 0.04% |
804,300
+142,800
| +22% | +$4.47M |
2014 Q4
7 quarters
|
|
|
SINA
603
DELISTED
Sina Corp
SINA
| $23.7M | 0.04% |
+320,800
| New | +$21.2M |
2016 Q3
0 quarters
|
|
604
Bank of Montreal
BMO
$112B
| $23.6M | 0.04% |
359,695
+246,895
| +219% | +$16M |
2013 Q2
13 quarters
|
|
605
Tucows
TCX
$109M
| $23.6M | 0.04% |
736,651
+2,500
| +0.3% | +$70.3K |
2013 Q2
13 quarters
|
|
606
Hain Celestial
HAIN
$50M
| $23.6M | 0.04% |
+662,222
| New | +$29M |
2016 Q3
0 quarters
|
|
|
BPL
607
DELISTED
Buckeye Partners, L.P.
BPL
| $23.5M | 0.04% |
328,534
-42,700
| -12% | -$3.04M |
2016 Q1
2 quarters
|
|
608
Qualys
QLYS
$6.77B
| $23.5M | 0.04% |
615,800
+93,400
| +18% | +$3.13M |
2015 Q4
3 quarters
|
|
|
PBPB
609
DELISTED
Potbelly
PBPB
| $23.4M | 0.04% |
1,885,300
+190,200
| +11% | +$2.46M |
2014 Q4
7 quarters
|
|
|
FRAN
610
DELISTED
Francesca's Holdings Corporation
FRAN
| $23.4M | 0.04% |
126,492
-28,566
| -18% | -$4.67M |
2014 Q2
9 quarters
|
|
|
NVMI
611
Nova
NVMI
$11.2B
| $23.4M | 0.04% |
1,980,559
+53,959
| +3% | +$625K |
2013 Q2
13 quarters
|
|
|
ACC
612
DELISTED
American Campus Communities, Inc.
ACC
| $23.3M | 0.04% |
458,900
-104,600
| -19% | -$5.37M |
2013 Q2
13 quarters
|
|
613
SM Energy
SM
$8.89B
| $23.3M | 0.04% |
603,400
+376,200
| +166% | +$12.1M |
2015 Q2
5 quarters
|
|
614
Southside Bancshares
SBSI
$899M
| $23.2M | 0.04% |
738,248
+60,784
| +9% | +$1.89M |
2013 Q2
13 quarters
|
|
|
BRSL
615
Brightstar Lottery PLC
BRSL
$1.81B
| $23.2M | 0.04% |
950,200
+385,600
| +68% | +$8.51M |
2015 Q4
3 quarters
|
|
|
GOV
616
DELISTED
Government Properties Income Trust
GOV
| $23.1M | 0.04% |
1,020,600
+307,100
| +43% | +$7.19M |
2015 Q3
4 quarters
|
|
|
BBBY
617
DELISTED
Bed Bath & Beyond Inc
BBBY
| $23M | 0.04% |
532,960
-561,000
| -51% | -$24.9M |
2015 Q2
5 quarters
|
|
|
RMAX
618
DELISTED
RE/MAX Holdings
RMAX
| $22.9M | 0.04% |
523,900
+57,400
| +12% | +$2.43M |
2015 Q1
6 quarters
|
|
|
CSOD
619
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $22.9M | 0.04% |
498,600
+61,099
| +14% | +$2.68M |
2015 Q4
3 quarters
|
|
|
HOLX
620
DELISTED
Hologic
HOLX
| $22.9M | 0.04% |
+590,018
| New | +$22.3M |
2016 Q3
0 quarters
|
|
621
Blackstone
BX
$85.1B
| $22.9M | 0.04% |
+895,900
| New | +$23.6M |
2016 Q3
0 quarters
|
|
622
Allegion
ALLE
$12.8B
| $22.9M | 0.04% |
331,900
-56,200
| -14% | -$3.96M |
2014 Q4
7 quarters
|
|
|
CCMP
623
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $22.8M | 0.04% |
431,500
-25,300
| -6% | -$1.24M |
2013 Q2
13 quarters
|
|
624
Rollins
ROL
$15.6B
| $22.8M | 0.04% |
1,753,369
-619,875
| -26% | -$7.89M |
2013 Q2
13 quarters
|
|
625
IDT Corp
IDT
$1.98B
| $22.8M | 0.04% |
1,564,019
+45,980
| +3% | +$588K |
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.