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 | |
|---|---|---|---|---|---|---|---|
626
Graham Holdings Company
GHC
$5.05B
| $22.8M | 0.04% |
47,300
-5,498
| -10% | -$2.76M |
2013 Q4
11 quarters
|
|
|
AD
627
Array Digital Infrastructure
AD
$2.87B
| $22.7M | 0.04% |
625,200
+16,700
| +3% | +$643K |
2013 Q2
13 quarters
|
|
628
B2Gold
BTG
$6.91B
| $22.7M | 0.04% |
8,635,497
+2,556,908
| +42% | +$7.6M |
2015 Q3
4 quarters
|
|
629
Oshkosh
OSK
$7.76B
| $22.7M | 0.04% |
+405,500
| New | +$21.3M |
2016 Q3
0 quarters
|
|
|
DDC
630
DELISTED
Dominion Diamond Corporation
DDC
| $22.7M | 0.04% |
2,326,598
+195,000
| +9% | +$1.75M |
2013 Q2
13 quarters
|
|
631
Wheaton Precious Metals
WPM
$63.2B
| $22.6M | 0.04% |
+836,100
| New | +$23M |
2016 Q3
0 quarters
|
|
632
Advanced Micro Devices
AMD
$1T
| $22.6M | 0.04% |
3,264,601
-6,430,225
| -66% | -$41.1M |
2015 Q4
3 quarters
|
|
|
RDUS
633
DELISTED
Radius Recycling
RDUS
| $22.5M | 0.04% |
1,078,796
-172,304
| -14% | -$3.28M |
2014 Q3
8 quarters
|
|
634
Graphic Packaging
GPK
$2.51B
| $22.5M | 0.04% |
1,607,349
+58,931
| +4% | +$810K |
2013 Q2
13 quarters
|
|
|
WFT
635
DELISTED
Weatherford International plc
WFT
| $22.5M | 0.04% |
3,998,630
+2,949,000
| +281% | +$16.8M |
2015 Q4
3 quarters
|
|
636
Central Pacific Financial
CPF
$926M
| $22.4M | 0.04% |
890,800
+22,900
| +3% | +$568K |
2013 Q2
13 quarters
|
|
637
Orthofix Medical
OFIX
$372M
| $22.4M | 0.04% |
524,200
-45,979
| -8% | -$2.05M |
2013 Q2
13 quarters
|
|
638
Essent Group
ESNT
$5.64B
| $22.4M | 0.04% |
841,200
+174,400
| +26% | +$4.42M |
2015 Q1
6 quarters
|
|
639
Sabesp
SBS
$23.6B
| $22.3M | 0.04% |
12,441,658
+1,929,571
| +18% | +$3.42M |
2016 Q1
2 quarters
|
|
|
CEO
640
DELISTED
CNOOC Limited
CEO
| $22.3M | 0.04% |
176,600
+44,900
| +34% | +$5.51M |
2015 Q2
5 quarters
|
|
|
CS
641
DELISTED
Credit Suisse Group
CS
| $22.3M | 0.04% |
1,694,158
+611,869
| +57% | +$7.41M |
2016 Q1
2 quarters
|
|
|
RGC
642
DELISTED
Regal Entertainment Group
RGC
| $22.2M | 0.04% |
1,021,000
+209,000
| +26% | +$4.6M |
2016 Q2
1 quarter
|
|
643
ICICI Bank
IBN
$100B
| $22.1M | 0.04% |
3,261,720
-3,094,850
| -49% | -$21.6M |
2015 Q1
6 quarters
|
|
|
NUAN
644
DELISTED
Nuance Communications, Inc.
NUAN
| $22.1M | 0.04% |
1,763,980
+834,603
| +90% | +$10.9M |
2014 Q3
8 quarters
|
|
645
ATI
ATI
$25.8B
| $22.1M | 0.04% |
1,222,692
+660,500
| +117% | +$10.9M |
2016 Q2
1 quarter
|
|
|
SNOW
646
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $22.1M | 0.04% |
1,362,169
+384,100
| +39% | +$5.85M |
2015 Q1
6 quarters
|
|
647
Rogers Communications
RCI
$16B
| $22M | 0.04% |
518,000
-82,500
| -14% | -$3.54M |
2013 Q2
13 quarters
|
|
648
TTM Technologies
TTMI
$12.8B
| $21.9M | 0.04% |
1,915,983
+1,144,226
| +148% | +$11.3M |
2015 Q1
6 quarters
|
|
649
Ally Financial
ALLY
$11.4B
| $21.9M | 0.04% |
1,124,300
+471,900
| +72% | +$8.77M |
2015 Q4
3 quarters
|
|
|
SYKE
650
DELISTED
SYKES Enterprises Inc
SYKE
| $21.9M | 0.04% |
777,673
+106,200
| +16% | +$3.15M |
2014 Q1
10 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.