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 | |
|---|---|---|---|---|---|---|---|
676
Mativ Holdings
MATV
$640M
| $20.7M | 0.04% |
538,100
+37,500
| +7% | +$1.43M |
2013 Q2
13 quarters
|
|
677
Gran Tierra Energy
GTE
$374M
| $20.7M | 0.04% |
688,280
-49,000
| -7% | -$1.4M |
2013 Q2
13 quarters
|
|
678
Royal Gold
RGLD
$20B
| $20.7M | 0.04% |
+267,309
| New | +$21.5M |
2016 Q3
0 quarters
|
|
679
O'Reilly Automotive
ORLY
$69.9B
| $20.6M | 0.04% |
1,105,500
-1,703,910
| -61% | -$31.9M |
2015 Q4
3 quarters
|
|
680
Harmony Gold Mining
HMY
$10.6B
| $20.6M | 0.04% |
5,907,199
-4,446,020
| -43% | -$18.1M |
2013 Q2
13 quarters
|
|
|
NLSN
681
DELISTED
Nielsen Holdings plc
NLSN
| $20.6M | 0.04% |
384,700
-744,000
| -66% | -$39.6M |
2015 Q4
3 quarters
|
|
682
Atlassian
TEAM
$52.3B
| $20.5M | 0.04% |
685,600
+555,400
| +427% | +$16.2M |
2016 Q2
1 quarter
|
|
683
Middleby
MIDD
$4.79B
| $20.5M | 0.04% |
165,970
+80,800
| +95% | +$9.92M |
2016 Q1
2 quarters
|
|
684
Photronics
PLAB
$1.75B
| $20.5M | 0.04% |
1,987,595
-193,500
| -9% | -$1.87M |
2013 Q2
13 quarters
|
|
685
Sturm, Ruger & Co
RGR
$691M
| $20.4M | 0.04% |
353,100
-17,300
| -5% | -$1.1M |
2015 Q3
4 quarters
|
|
686
Quanex
NX
$838M
| $20.4M | 0.04% |
1,179,100
-138,500
| -11% | -$2.68M |
2013 Q4
11 quarters
|
|
|
TSRO
687
DELISTED
TESARO, Inc.
TSRO
| $20.3M | 0.04% |
+202,900
| New | +$19M |
2016 Q3
0 quarters
|
|
|
LGTY
688
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $20.3M | 0.04% |
1,831,500
+29,100
| +2% | +$316K |
2013 Q2
13 quarters
|
|
689
Cardinal Health
CAH
$55B
| $20.3M | 0.04% |
261,600
+135,200
| +107% | +$10.9M |
2015 Q3
4 quarters
|
|
690
Corpay
CPAY
$26.1B
| $20.2M | 0.04% |
116,400
+51,400
| +79% | +$8.24M |
2016 Q2
1 quarter
|
|
|
HSII
691
DELISTED
Heidrick & Struggles
HSII
| $20.2M | 0.04% |
1,090,102
+65,500
| +6% | +$1.21M |
2013 Q2
13 quarters
|
|
|
NATI
692
DELISTED
National Instruments Corp
NATI
| $20.2M | 0.04% |
711,666
+347,166
| +95% | +$9.75M |
2014 Q1
10 quarters
|
|
693
Church & Dwight Co
CHD
$23.3B
| $20.2M | 0.04% |
+421,300
| New | +$20.8M |
2016 Q3
0 quarters
|
|
694
Western Union
WU
$1.91B
| $20.2M | 0.04% |
968,500
+752,900
| +349% | +$15.5M |
2016 Q2
1 quarter
|
|
|
SN
695
DELISTED
Sanchez Energy Corporation
SN
| $20.1M | 0.04% |
2,275,398
+942,398
| +71% | +$7.25M |
2016 Q2
1 quarter
|
|
696
Labcorp
LH
$25.3B
| $20.1M | 0.04% |
170,183
-65,998
| -28% | -$7.78M |
2014 Q3
8 quarters
|
|
697
Central Garden & Pet Co Class A
CENTA
$2.19B
| $20.1M | 0.04% |
1,013,000
-249,375
| -20% | -$4.74M |
2013 Q2
13 quarters
|
|
|
GK
698
DELISTED
G&K Services Inc
GK
| $20.1M | 0.04% |
210,390
+46,400
| +28% | +$4.1M |
2013 Q2
13 quarters
|
|
|
BRSS
699
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $20.1M | 0.04% |
695,200
+34,600
| +5% | +$983K |
2015 Q1
6 quarters
|
|
700
Assurant
AIZ
$13.1B
| $20M | 0.04% |
217,300
-133,600
| -38% | -$11.7M |
2014 Q2
9 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.