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 | |
|---|---|---|---|---|---|---|---|
901
GoDaddy
GDDY
$13.2B
| $14.8M | 0.03% |
+429,700
| New | +$13.7M |
2016 Q3
0 quarters
|
|
902
Ribbon Communications
RBBN
$304M
| $14.8M | 0.03% |
1,906,189
-262,500
| -12% | -$2.29M |
2015 Q4
3 quarters
|
|
|
TWO
903
DELISTED
Two Harbors Investment
TWO
| $14.8M | 0.03% |
216,988
-837
| -0.4% | -$58.9K |
2015 Q4
3 quarters
|
|
|
PTR
904
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $14.8M | 0.03% |
221,600
-24,600
| -10% | -$1.66M |
2015 Q1
6 quarters
|
|
905
Keysight
KEYS
$65.2B
| $14.8M | 0.03% |
467,100
-177,700
| -28% | -$5.29M |
2015 Q2
5 quarters
|
|
906
Hartford Financial Services
HIG
$35B
| $14.8M | 0.03% |
345,300
+34,900
| +11% | +$1.46M |
2016 Q2
1 quarter
|
|
907
Advanced Energy
AEIS
$11.6B
| $14.8M | 0.03% |
312,200
+578
| +0.2% | +$24.6K |
2015 Q2
5 quarters
|
|
|
GES
908
DELISTED
Guess Inc
GES
| $14.7M | 0.03% |
1,009,400
-268,600
| -21% | -$4.07M |
2014 Q1
10 quarters
|
|
909
Liquidity Services
LQDT
$1.35B
| $14.7M | 0.03% |
1,310,899
+172,400
| +15% | +$1.59M |
2014 Q3
8 quarters
|
|
|
EOCC
910
DELISTED
Enel Generacion Chile S.A.
EOCC
| $14.7M | 0.03% |
742,600
+54,700
| +8% | +$1.34M |
2014 Q1
10 quarters
|
|
|
WNR
911
DELISTED
Western Refining Inc
WNR
| $14.7M | 0.03% |
554,200
-427,300
| -44% | -$10.1M |
2013 Q2
13 quarters
|
|
912
Middlesex Water
MSEX
$1.01B
| $14.6M | 0.03% |
415,600
+54,600
| +15% | +$2.06M |
2014 Q1
10 quarters
|
|
913
American Water Works
AWK
$25.6B
| $14.6M | 0.03% |
195,600
+36,500
| +23% | +$2.85M |
2013 Q2
13 quarters
|
|
|
SEMG
914
DELISTED
SEMGROUP CORPORATION
SEMG
| $14.6M | 0.03% |
413,800
+42,500
| +11% | +$1.35M |
2015 Q4
3 quarters
|
|
915
Sasol
SSL
$9.69B
| $14.6M | 0.03% |
535,300
+214,600
| +67% | +$5.79M |
2015 Q3
4 quarters
|
|
916
Lennox International
LII
$12.3B
| $14.6M | 0.03% |
93,100
+20,400
| +28% | +$3.17M |
2015 Q4
3 quarters
|
|
917
Huntington Bancshares
HBAN
$31B
| $14.6M | 0.03% |
1,480,444
-1,703,789
| -54% | -$16.2M |
2015 Q4
3 quarters
|
|
|
VLRS
918
Controladora Vuela Compania de Aviacion
VLRS
$716M
| $14.6M | 0.03% |
838,300
-142,500
| -15% | -$2.59M |
2015 Q1
6 quarters
|
|
|
MRC
919
DELISTED
MRC Global
MRC
| $14.6M | 0.03% |
887,200
-330,000
| -27% | -$4.73M |
2013 Q2
13 quarters
|
|
|
CYOU
920
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $14.6M | 0.03% |
534,700
+261,600
| +96% | +$6.06M |
2015 Q1
6 quarters
|
|
921
Littelfuse
LFUS
$10.8B
| $14.6M | 0.03% |
112,992
-174,200
| -61% | -$21.3M |
2014 Q4
7 quarters
|
|
|
AFSI
922
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $14.5M | 0.03% |
541,812
+18,800
| +4% | +$483K |
2016 Q1
2 quarters
|
|
923
Clean Energy Fuels
CLNE
$324M
| $14.5M | 0.03% |
3,250,278
+1,952,700
| +150% | +$7.45M |
2016 Q2
1 quarter
|
|
924
Chesapeake Utilities
CPK
$3.23B
| $14.5M | 0.03% |
237,900
-100
| -0% | -$6.42K |
2013 Q2
13 quarters
|
|
|
LTM
925
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $14.5M | 0.03% |
1,781,895
+842,195
| +90% | +$6.93M |
2016 Q1
2 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.