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 | |
|---|---|---|---|---|---|---|---|
|
AF
651
DELISTED
Astoria Financial Corporation
AF
| $21.8M | 0.04% |
1,492,150
-137,800
| -8% | -$2.06M |
2013 Q2
13 quarters
|
|
|
AUO
652
DELISTED
AU Optronics Corp
AUO
| $21.8M | 0.04% |
5,959,584
+1,310,384
| +28% | +$5.02M |
2014 Q2
9 quarters
|
|
653
Steris
STE
$20.9B
| $21.7M | 0.04% |
297,300
-339,700
| -53% | -$24M |
2016 Q2
1 quarter
|
|
|
PGRE
654
DELISTED
Paramount Group
PGRE
| $21.6M | 0.04% |
1,316,600
+310,700
| +31% | +$5.34M |
2015 Q3
4 quarters
|
|
|
THS
655
DELISTED
Treehouse Foods
THS
| $21.5M | 0.04% |
246,900
+219,900
| +814% | +$21.1M |
2015 Q4
3 quarters
|
|
656
Vera Bradley
VRA
$151M
| $21.5M | 0.04% |
1,420,400
-68,700
| -5% | -$1.03M |
2014 Q2
9 quarters
|
|
|
LM
657
DELISTED
Legg Mason, Inc.
LM
| $21.5M | 0.04% |
642,000
-30,900
| -5% | -$1.03M |
2014 Q2
9 quarters
|
|
|
PLKI
658
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $21.5M | 0.04% |
404,100
-219,344
| -35% | -$12.2M |
2013 Q2
13 quarters
|
|
|
EBSB
659
DELISTED
Meridian Bancorp, Inc.
EBSB
| $21.4M | 0.04% |
1,377,244
+28,400
| +2% | +$435K |
2013 Q2
13 quarters
|
|
660
3D Systems Corp
DDD
$548M
| $21.4M | 0.04% |
1,193,500
+218,300
| +22% | +$3.27M |
2016 Q2
1 quarter
|
|
661
Rambus
RMBS
$11.6B
| $21.4M | 0.04% |
1,712,900
-31,000
| -2% | -$409K |
2013 Q2
13 quarters
|
|
662
NewMarket
NEU
$8.19B
| $21.3M | 0.04% |
49,700
-200
| -0.4% | -$85.1K |
2015 Q2
5 quarters
|
|
663
Banco Santander Chile
BSAC
$15.1B
| $21.3M | 0.04% |
1,029,927
+62,000
| +6% | +$1.29M |
2015 Q3
4 quarters
|
|
664
Meta Platforms (Facebook)
META
$1.85T
| $21.3M | 0.04% |
166,000
-508,800
| -75% | -$63.2M |
2015 Q4
3 quarters
|
|
|
DTSI
665
DELISTED
DTS, Inc.
DTSI
| $21.3M | 0.04% |
500,522
-10,300
| -2% | -$334K |
2013 Q2
13 quarters
|
|
666
Huntsman Corp
HUN
$1.46B
| $21.2M | 0.04% |
1,301,100
+917,100
| +239% | +$14.5M |
2015 Q3
4 quarters
|
|
667
Lindsay Corp
LNN
$1.17B
| $21.1M | 0.04% |
285,100
+11,800
| +4% | +$836K |
2014 Q2
9 quarters
|
|
668
Regis Corp
RGS
$73.6M
| $21M | 0.04% |
83,850
+8,215
| +11% | +$2.15M |
2013 Q2
13 quarters
|
|
669
Flex
FLEX
$43.3B
| $21M | 0.04% |
2,046,306
+302,424
| +17% | +$2.94M |
2014 Q2
9 quarters
|
|
670
Comfort Systems
FIX
$60.5B
| $21M | 0.04% |
715,500
+21,600
| +3% | +$642K |
2015 Q1
6 quarters
|
|
671
A10 Networks
ATEN
$2.1B
| $21M | 0.04% |
1,960,400
+380,500
| +24% | +$3.33M |
2014 Q4
7 quarters
|
|
672
Cohen & Steers
CNS
$3.57B
| $21M | 0.04% |
490,200
-45,500
| -8% | -$1.92M |
2015 Q1
6 quarters
|
|
673
Regency Centers
REG
$13.2B
| $20.9M | 0.04% |
269,700
+11,700
| +5% | +$946K |
2014 Q4
7 quarters
|
|
674
Extreme Networks
EXTR
$3.15B
| $20.9M | 0.04% |
4,649,961
| – | – |
2013 Q2
13 quarters
|
|
675
Forrester Research
FORR
$217M
| $20.8M | 0.04% |
533,618
+30,618
| +6% | +$1.21M |
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.