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 | |
|---|---|---|---|---|---|---|---|
|
BWLD
826
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $16.5M | 0.03% |
116,900
-73,200
| -39% | -$11.4M |
2016 Q1
2 quarters
|
|
|
YDKN
827
DELISTED
Yadkin Financial Corporation
YDKN
| $16.4M | 0.03% |
625,522
-52,623
| -8% | -$1.35M |
2013 Q2
13 quarters
|
|
828
Stellantis
STLA
$13B
| $16.4M | 0.03% |
2,578,569
+2,468,229
| +2,237% | +$16.2M |
2016 Q2
1 quarter
|
|
829
Icon
ICLR
$12.7B
| $16.4M | 0.03% |
212,200
+58,800
| +38% | +$4.42M |
2013 Q2
13 quarters
|
|
830
Mitsubishi UFJ Financial
MUFG
$252B
| $16.4M | 0.03% |
3,248,900
-27,493
| -0.8% | -$139K |
2013 Q2
13 quarters
|
|
831
IPG Photonics
IPGP
$3.33B
| $16.4M | 0.03% |
198,600
+101,800
| +105% | +$8.51M |
2015 Q1
6 quarters
|
|
832
Black Hills Corp
BKH
$5.8B
| $16.3M | 0.03% |
266,800
-317,500
| -54% | -$19.3M |
2014 Q2
9 quarters
|
|
833
Sprouts Farmers Market
SFM
$6.07B
| $16.3M | 0.03% |
790,300
+248,800
| +46% | +$5.52M |
2016 Q2
1 quarter
|
|
834
OGE Energy
OGE
$9.61B
| $16.3M | 0.03% |
515,100
+284,200
| +123% | +$9M |
2013 Q4
11 quarters
|
|
|
RWT
835
Redwood Trust
RWT
$398M
| $16.3M | 0.03% |
1,149,500
+305,200
| +36% | +$4.35M |
2014 Q2
9 quarters
|
|
836
Unitil
UTL
$953M
| $16.2M | 0.03% |
416,000
+20,200
| +5% | +$834K |
2013 Q2
13 quarters
|
|
|
CDR
837
DELISTED
Cedar Realty Trust, Inc
CDR
| $16.2M | 0.03% |
341,788
-19,697
| -5% | -$985K |
2013 Q2
13 quarters
|
|
|
PARAA
838
DELISTED
Paramount Global Class A
PARAA
| $16.2M | 0.03% |
292,800
+300
| +0.1% | +$16.5K |
2013 Q2
13 quarters
|
|
839
Future Fuel
FF
$229M
| $16.2M | 0.03% |
1,434,800
+74,700
| +5% | +$850K |
2013 Q2
13 quarters
|
|
840
Caesars Entertainment
CZR
$6.01B
| $16.2M | 0.03% |
1,150,900
+99,600
| +9% | +$1.43M |
2014 Q3
8 quarters
|
|
841
Grupo Aeroportuario del Sureste
ASR
$6.95B
| $16.2M | 0.03% |
110,500
-12,500
| -10% | -$1.91M |
2013 Q2
13 quarters
|
|
842
Wendy's
WEN
$1.19B
| $16.1M | 0.03% |
1,494,682
-532,600
| -26% | -$5.37M |
2013 Q2
13 quarters
|
|
843
Murphy USA
MUSA
$9.73B
| $16M | 0.03% |
224,000
-88,100
| -28% | -$6.58M |
2015 Q1
6 quarters
|
|
844
Towne Bank
TOWN
$3.23B
| $16M | 0.03% |
664,587
-102,929
| -13% | -$2.39M |
2015 Q1
6 quarters
|
|
|
BMTC
845
DELISTED
Bryn Mawr Bank Corp
BMTC
| $15.9M | 0.03% |
498,200
+36,400
| +8% | +$1.11M |
2013 Q2
13 quarters
|
|
846
ON Semiconductor
ON
$30.2B
| $15.9M | 0.03% |
1,290,396
+37,700
| +3% | +$390K |
2015 Q1
6 quarters
|
|
847
Orion
OEC
$326M
| $15.9M | 0.03% |
848,300
+121,382
| +17% | +$2.12M |
2015 Q1
6 quarters
|
|
848
Oil-Dri
ODC
$1.25B
| $15.9M | 0.03% |
843,650
+12,800
| +2% | +$237K |
2013 Q2
13 quarters
|
|
|
FRP
849
DELISTED
Fairpoint Communications, Inc.
FRP
| $15.9M | 0.03% |
1,055,600
-21,500
| -2% | -$315K |
2013 Q2
13 quarters
|
|
|
MOMO
850
Hello Group
MOMO
$678M
| $15.9M | 0.03% |
+704,900
| New | +$12.5M |
2016 Q3
0 quarters
|
|
Similar funds
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.