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 | |
|---|---|---|---|---|---|---|---|
|
BV
701
DELISTED
Bazaarvoice, Inc.
BV
| $20M | 0.04% |
3,389,700
+1,314,900
| +63% | +$5.81M |
2015 Q2
5 quarters
|
|
702
Sociedad Química y Minera de Chile
SQM
$18.2B
| $20M | 0.04% |
743,500
+20,200
| +3% | +$514K |
2014 Q3
8 quarters
|
|
|
LXK
703
DELISTED
Lexmark Intl Inc
LXK
| $19.9M | 0.04% |
498,000
+449,400
| +925% | +$16.3M |
2016 Q1
2 quarters
|
|
704
Power Integrations
POWI
$2.72B
| $19.9M | 0.04% |
631,000
+5,400
| +0.9% | +$153K |
2014 Q4
7 quarters
|
|
705
Cincinnati Financial
CINF
$25.2B
| $19.9M | 0.04% |
263,600
-163,100
| -38% | -$12.4M |
2013 Q2
13 quarters
|
|
706
Helios Technologies
HLIO
$2.29B
| $19.9M | 0.04% |
615,600
+52,000
| +9% | +$1.57M |
2013 Q2
13 quarters
|
|
|
XL
707
DELISTED
XL Group Ltd.
XL
| $19.8M | 0.04% |
590,000
+514,200
| +678% | +$17.3M |
2015 Q3
4 quarters
|
|
708
First Merchants
FRME
$2.45B
| $19.8M | 0.04% |
741,678
-17,651
| -2% | -$466K |
2013 Q2
13 quarters
|
|
|
CLDT
709
Chatham Lodging
CLDT
$632M
| $19.8M | 0.04% |
1,030,000
+65,000
| +7% | +$1.4M |
2013 Q2
13 quarters
|
|
710
National Healthcare
NHC
$3.54B
| $19.8M | 0.04% |
300,300
+4,000
| +1% | +$260K |
2013 Q2
13 quarters
|
|
|
SALE
711
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $19.8M | 0.04% |
1,999,900
+43,900
| +2% | +$443K |
2013 Q4
11 quarters
|
|
|
HRG
712
DELISTED
HRG Group, Inc.
HRG
| $19.7M | 0.03% |
1,255,300
-106,500
| -8% | -$1.61M |
2013 Q2
13 quarters
|
|
713
Open Text
OTEX
$5.69B
| $19.7M | 0.03% |
606,600
-226,200
| -27% | -$7.07M |
2014 Q1
10 quarters
|
|
|
ELME
714
Elme Communities
ELME
$156M
| $19.7M | 0.03% |
632,000
+149,200
| +31% | +$4.85M |
2015 Q3
4 quarters
|
|
|
CSBK
715
DELISTED
Clifton Bancorp Inc.
CSBK
| $19.7M | 0.03% |
1,285,662
+71,413
| +6% | +$1.07M |
2013 Q2
13 quarters
|
|
716
IQVIA
IQV
$43.1B
| $19.6M | 0.03% |
242,300
-286,400
| -54% | -$21.7M |
2013 Q4
11 quarters
|
|
717
Stratasys
SSYS
$696M
| $19.5M | 0.03% |
810,532
+408,732
| +102% | +$8.91M |
2016 Q1
2 quarters
|
|
718
FIVE9
FIVN
$2.63B
| $19.5M | 0.03% |
1,245,000
+167,400
| +16% | +$2.29M |
2015 Q1
6 quarters
|
|
719
Acacia Research
ACTG
$423M
| $19.5M | 0.03% |
2,983,300
+610,800
| +26% | +$3.52M |
2015 Q1
6 quarters
|
|
|
ASCMA
720
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $19.4M | 0.03% |
837,900
+171,700
| +26% | +$3.43M |
2013 Q2
13 quarters
|
|
721
Fortune Brands Innovations
FBIN
$4.66B
| $19.3M | 0.03% |
389,376
-139,347
| -26% | -$7.29M |
2016 Q1
2 quarters
|
|
722
Provident Financial Services
PFS
$2.88B
| $19.3M | 0.03% |
910,600
-2,000
| -0.2% | -$41.2K |
2013 Q2
13 quarters
|
|
|
PIR
723
DELISTED
Pier 1 Imports, Inc.
PIR
| $19.3M | 0.03% |
227,415
+103,150
| +83% | +$9.71M |
2016 Q1
2 quarters
|
|
|
DST
724
DELISTED
DST Systems Inc.
DST
| $19.3M | 0.03% |
327,000
+25,400
| +8% | +$1.54M |
2016 Q1
2 quarters
|
|
|
HRC
725
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $19.3M | 0.03% |
310,900
+82,600
| +36% | +$4.65M |
2014 Q3
8 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.