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 | |
|---|---|---|---|---|---|---|---|
|
FBC
801
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $16.9M | 0.03% |
608,000
+131,000
| +27% | +$3.54M |
2015 Q2
5 quarters
|
|
|
TTSH
802
DELISTED
Tile Shop Holdings
TTSH
| $16.9M | 0.03% |
1,019,000
+584,100
| +134% | +$10M |
2015 Q4
3 quarters
|
|
803
Helen of Troy
HELE
$617M
| $16.8M | 0.03% |
195,410
+17,100
| +10% | +$1.6M |
2015 Q4
3 quarters
|
|
804
Jack Henry & Associates
JKHY
$10.5B
| $16.8M | 0.03% |
196,519
+13,700
| +7% | +$1.2M |
2016 Q2
1 quarter
|
|
805
Transocean
RIG
$6.18B
| $16.8M | 0.03% |
1,576,500
-3,827,049
| -71% | -$40.5M |
2015 Q4
3 quarters
|
|
806
Voya Financial
VOYA
$8.59B
| $16.8M | 0.03% |
+581,400
| New | +$15.9M |
2016 Q3
0 quarters
|
|
807
Kohl's
KSS
$2.29B
| $16.7M | 0.03% |
+381,900
| New | +$16M |
2016 Q3
0 quarters
|
|
808
Wipro
WIT
$16.8B
| $16.7M | 0.03% |
9,175,803
+2,447,515
| +36% | +$5M |
2014 Q2
9 quarters
|
|
809
Mercury Insurance
MCY
$5.68B
| $16.7M | 0.03% |
304,500
+66,600
| +28% | +$3.6M |
2015 Q3
4 quarters
|
|
810
Park Aerospace
PKE
$578M
| $16.7M | 0.03% |
959,700
+89,500
| +10% | +$1.46M |
2013 Q2
13 quarters
|
|
811
State Street Energy Select Sector SPDR ETF
XLE
$41.2B
| $16.7M | 0.03% |
+471,800
| New | +$16.2M |
2016 Q3
0 quarters
|
|
|
UBNK
812
DELISTED
United Financial Bancorp, Inc.
UBNK
| $16.7M | 0.03% |
1,203,539
+59,600
| +5% | +$803K |
2013 Q2
13 quarters
|
|
|
BMS
813
DELISTED
Bemis
BMS
| $16.7M | 0.03% |
326,500
+41,300
| +14% | +$2.13M |
2015 Q1
6 quarters
|
|
|
SCMP
814
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $16.7M | 0.03% |
1,353,000
+245,300
| +22% | +$2.89M |
2014 Q4
7 quarters
|
|
815
Dollar General
DG
$28.1B
| $16.7M | 0.03% |
237,900
-285,000
| -55% | -$24.1M |
2016 Q1
2 quarters
|
|
816
Pearson
PSO
$10.2B
| $16.6M | 0.03% |
1,697,200
-25,800
| -1% | -$296K |
2014 Q3
8 quarters
|
|
817
TriCo Bancshares
TCBK
$1.64B
| $16.6M | 0.03% |
620,137
+6,400
| +1% | +$172K |
2013 Q2
13 quarters
|
|
|
IM
818
DELISTED
Ingram Micro
IM
| $16.6M | 0.03% |
465,400
-140,000
| -23% | -$4.86M |
2016 Q1
2 quarters
|
|
|
SYNH
819
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $16.6M | 0.03% |
+372,000
| New | +$16.1M |
2016 Q3
0 quarters
|
|
|
NUTR
820
DELISTED
Nutraceutical International Co
NUTR
| $16.6M | 0.03% |
530,200
+25,500
| +5% | +$657K |
2013 Q2
13 quarters
|
|
821
Wabtec
WAB
$48.3B
| $16.6M | 0.03% |
202,800
-298,400
| -60% | -$21.9M |
2016 Q2
1 quarter
|
|
822
Calix
CALX
$2.35B
| $16.5M | 0.03% |
2,251,200
+124,900
| +6% | +$936K |
2013 Q2
13 quarters
|
|
823
Medtronic
MDT
$113B
| $16.5M | 0.03% |
191,241
-381,900
| -67% | -$33.3M |
2016 Q2
1 quarter
|
|
824
Insperity
NSP
$1.85B
| $16.5M | 0.03% |
454,800
+105,800
| +30% | +$3.79M |
2013 Q2
13 quarters
|
|
825
Eagle Materials
EXP
$5.05B
| $16.5M | 0.03% |
213,600
+133,900
| +168% | +$10.8M |
2016 Q1
2 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.