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 | |
|---|---|---|---|---|---|---|---|
|
BDN
876
Brandywine Realty Trust
BDN
$461M
| $15.4M | 0.03% |
986,898
-771,651
| -44% | -$12.6M |
2014 Q4
7 quarters
|
|
|
VALE.P
877
DELISTED
Vale S A
VALE.P
| $15.4M | 0.03% |
3,269,400
-164,200
| -5% | -$746K |
2016 Q2
1 quarter
|
|
878
Alpha and Omega Semiconductor
AOSL
$845M
| $15.4M | 0.03% |
707,400
+121,300
| +21% | +$2.18M |
2013 Q2
13 quarters
|
|
879
Tractor Supply
TSCO
$17.6B
| $15.4M | 0.03% |
1,140,000
-248,000
| -18% | -$4.13M |
2015 Q3
4 quarters
|
|
|
SODA
880
DELISTED
SodaStream International Ltd
SODA
| $15.3M | 0.03% |
577,900
+74,600
| +15% | +$1.96M |
2015 Q1
6 quarters
|
|
|
ISCA
881
DELISTED
International Speedway Corp
ISCA
| $15.3M | 0.03% |
458,966
+66,300
| +17% | +$2.25M |
2015 Q1
6 quarters
|
|
882
Aramark
ARMK
$14.5B
| $15.3M | 0.03% |
558,432
-85,870
| -13% | -$2.27M |
2015 Q4
3 quarters
|
|
|
IPCC
883
DELISTED
Infinity Property & Casualty C
IPCC
| $15.3M | 0.03% |
185,500
+9,300
| +5% | +$769K |
2014 Q2
9 quarters
|
|
884
Elbit Systems
ESLT
$30.7B
| $15.3M | 0.03% |
159,835
+2,600
| +2% | +$253K |
2013 Q2
13 quarters
|
|
885
American Public Education
APEI
$876M
| $15.3M | 0.03% |
772,600
+97,300
| +14% | +$2.36M |
2013 Q2
13 quarters
|
|
886
Popular Inc
BPOP
$9.97B
| $15.3M | 0.03% |
399,125
+61,825
| +18% | +$2.2M |
2016 Q1
2 quarters
|
|
|
DBRG
887
DELISTED
DigitalBridge
DBRG
| $15.2M | 0.03% |
294,424
-114,026
| -28% | -$5.43M |
2015 Q2
5 quarters
|
|
888
Avnet
AVT
$8.17B
| $15.2M | 0.03% |
+370,727
| New | +$15.1M |
2016 Q3
0 quarters
|
|
889
First Interstate BancSystem
FIBK
$3.29B
| $15.2M | 0.03% |
483,000
+17,300
| +4% | +$516K |
2013 Q2
13 quarters
|
|
|
CPHD
890
DELISTED
Cepheid Inc
CPHD
| $15.2M | 0.03% |
288,500
+90,500
| +46% | +$3.6M |
2016 Q1
2 quarters
|
|
|
EE
891
DELISTED
El Paso Electric Company
EE
| $15.1M | 0.03% |
323,100
+78,300
| +32% | +$3.65M |
2014 Q4
7 quarters
|
|
892
Sinclair Inc
SBGI
$921M
| $15M | 0.03% |
520,092
+368,721
| +244% | +$10.7M |
2016 Q1
2 quarters
|
|
|
MFA
893
MFA Financial
MFA
$695M
| $15M | 0.03% |
501,000
+9,375
| +2% | +$284K |
2015 Q3
4 quarters
|
|
894
Northwest Natural Holdings
NWN
$2.01B
| $15M | 0.03% |
249,300
+70,000
| +39% | +$4.38M |
2015 Q1
6 quarters
|
|
|
ININ
895
DELISTED
Interactive Intelligence Group, inc.
ININ
| $15M | 0.03% |
249,000
+103,200
| +71% | +$5.58M |
2015 Q3
4 quarters
|
|
896
Opko Health
OPK
$1.03B
| $15M | 0.03% |
+1,412,757
| New | +$14.1M |
2016 Q3
0 quarters
|
|
897
United Microelectronic
UMC
$57.6B
| $14.9M | 0.03% |
8,073,825
+1,747,725
| +28% | +$3.34M |
2013 Q2
13 quarters
|
|
898
American Eagle Outfitters
AEO
$3.04B
| $14.9M | 0.03% |
836,263
-481,851
| -37% | -$8.64M |
2016 Q1
2 quarters
|
|
899
Spire
SR
$4.64B
| $14.9M | 0.03% |
234,000
+28,800
| +14% | +$1.93M |
2015 Q3
4 quarters
|
|
|
WIFI
900
DELISTED
Boingo Wireless, Inc.
WIFI
| $14.9M | 0.03% |
1,450,900
+363,600
| +33% | +$3.25M |
2013 Q2
13 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.