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 | |
|---|---|---|---|---|---|---|---|
751
Franco-Nevada
FNV
$47.5B
| $18.6M | 0.03% |
266,300
+27,300
| +11% | +$2.05M |
2014 Q1
10 quarters
|
|
752
Quaker Houghton
KWR
$2.7B
| $18.6M | 0.03% |
175,600
-5,500
| -3% | -$537K |
2013 Q2
13 quarters
|
|
|
ARIA
753
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $18.6M | 0.03% |
1,358,181
+1,276,485
| +1,562% | +$12.8M |
2014 Q1
10 quarters
|
|
|
CHU
754
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $18.6M | 0.03% |
1,525,300
-206,400
| -12% | -$2.29M |
2014 Q4
7 quarters
|
|
|
SFLY
755
DELISTED
Shutterfly, Inc.
SFLY
| $18.6M | 0.03% |
416,100
-355,700
| -46% | -$17.6M |
2015 Q2
5 quarters
|
|
756
Hawaiian Electric Industries
HE
$1.52B
| $18.5M | 0.03% |
620,600
-88,300
| -12% | -$2.71M |
2014 Q4
7 quarters
|
|
757
Trimble
TRMB
$14B
| $18.5M | 0.03% |
647,444
+536,244
| +482% | +$14.3M |
2016 Q1
2 quarters
|
|
|
JOY
758
DELISTED
Joy Global Inc
JOY
| $18.5M | 0.03% |
+665,725
| New | +$17.7M |
2016 Q3
0 quarters
|
|
759
SunCoke Energy
SXC
$847M
| $18.4M | 0.03% |
2,299,311
+423,187
| +23% | +$2.97M |
2014 Q4
7 quarters
|
|
|
SNP
760
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $18.4M | 0.03% |
249,700
+46,370
| +23% | +$3.33M |
2015 Q1
6 quarters
|
|
761
Johnson Controls International
JCI
$95.7B
| $18.4M | 0.03% |
+395,744
| New | +$18.3M |
2016 Q3
0 quarters
|
|
|
BCOV
762
DELISTED
Brightcove, Inc.
BCOV
| $18.4M | 0.03% |
1,410,700
+309,600
| +28% | +$3.54M |
2015 Q1
6 quarters
|
|
763
TC Energy
TRP
$62.6B
| $18.4M | 0.03% |
387,203
+253,803
| +190% | +$11.9M |
2013 Q2
13 quarters
|
|
764
Ternium
TX
$11.5B
| $18.4M | 0.03% |
936,300
+158,300
| +20% | +$3.28M |
2015 Q1
6 quarters
|
|
|
OKS
765
DELISTED
Oneok Partners LP
OKS
| $18.4M | 0.03% |
459,700
+233,900
| +104% | +$9.34M |
2016 Q2
1 quarter
|
|
766
OceanFirst Financial
OCFC
$1.56B
| $18.4M | 0.03% |
953,228
+172,200
| +22% | +$3.28M |
2013 Q2
13 quarters
|
|
|
SWC
767
DELISTED
Stillwater Mining Co
SWC
| $18.3M | 0.03% |
1,373,100
-275,100
| -17% | -$3.69M |
2014 Q2
9 quarters
|
|
|
FARM
768
DELISTED
Farmer Brothers
FARM
| $18.3M | 0.03% |
515,000
+49,800
| +11% | +$1.61M |
2013 Q2
13 quarters
|
|
769
SPX Corp
SPXC
$8.59B
| $18.3M | 0.03% |
907,000
-149,700
| -14% | -$2.65M |
2015 Q2
5 quarters
|
|
770
Banc of California
BANC
$2.74B
| $18.2M | 0.03% |
1,041,800
-206,200
| -17% | -$4.28M |
2015 Q2
5 quarters
|
|
771
Cenovus Energy
CVE
$58.1B
| $18.2M | 0.03% |
1,265,200
-818,000
| -39% | -$11.7M |
2015 Q3
4 quarters
|
|
|
TIME
772
DELISTED
Time Inc.
TIME
| $18.2M | 0.03% |
1,254,600
+73,900
| +6% | +$1.11M |
2016 Q1
2 quarters
|
|
773
Skywest
SKYW
$3.71B
| $18.1M | 0.03% |
687,000
+226,800
| +49% | +$6.3M |
2014 Q4
7 quarters
|
|
|
CCF
774
DELISTED
Chase Corporation
CCF
| $18.1M | 0.03% |
261,196
+38,996
| +18% | +$2.43M |
2013 Q2
13 quarters
|
|
775
Lloyds Banking Group
LYG
$77.5B
| $18M | 0.03% |
6,279,000
-873,734
| -12% | -$2.6M |
2015 Q1
6 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.