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 | |
|---|---|---|---|---|---|---|---|
|
MNK
926
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $14.5M | 0.03% |
+207,102
| New | +$15M |
2016 Q3
0 quarters
|
|
927
CoreCivic
CXW
$3.26B
| $14.4M | 0.03% |
1,036,489
+186,289
| +22% | +$4.45M |
2015 Q3
4 quarters
|
|
928
Kilroy Realty
KRC
$3.98B
| $14.4M | 0.03% |
207,100
+67,300
| +48% | +$4.74M |
2014 Q2
9 quarters
|
|
929
Trustmark
TRMK
$2.57B
| $14.3M | 0.03% |
520,300
-112,304
| -18% | -$3.01M |
2015 Q3
4 quarters
|
|
|
TAST
930
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $14.3M | 0.03% |
1,085,000
-83,400
| -7% | -$1.08M |
2014 Q1
10 quarters
|
|
931
VF Corp
VFC
$5.9B
| $14.3M | 0.03% |
271,553
+144,113
| +113% | +$8.32M |
2016 Q1
2 quarters
|
|
|
AVTA
932
DELISTED
Avantax, Inc. Common Stock
AVTA
| $14.3M | 0.03% |
1,276,100
+360,700
| +39% | +$4.01M |
2013 Q2
13 quarters
|
|
|
PX
933
DELISTED
Praxair Inc
PX
| $14.3M | 0.03% |
118,200
-208,300
| -64% | -$24.7M |
2015 Q4
3 quarters
|
|
934
New York Times
NYT
$10.7B
| $14.3M | 0.03% |
1,194,600
-538,800
| -31% | -$6.83M |
2013 Q2
13 quarters
|
|
935
Center Bancorp
CNOB
$1.51B
| $14.2M | 0.03% |
788,076
-14,226
| -2% | -$247K |
2013 Q2
13 quarters
|
|
936
TAL Education Group
TAL
$7.13B
| $14.2M | 0.03% |
1,205,400
-868,800
| -42% | -$9.16M |
2016 Q1
2 quarters
|
|
|
SCLN
937
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $14.2M | 0.03% |
1,385,000
+223,300
| +19% | +$2.43M |
2013 Q2
13 quarters
|
|
938
Penumbra
PEN
$12.6B
| $14.2M | 0.03% |
186,500
+27,900
| +18% | +$1.93M |
2016 Q2
1 quarter
|
|
939
Washington Trust Bancorp
WASH
$707M
| $14.2M | 0.03% |
352,268
-25,361
| -7% | -$1.02M |
2013 Q2
13 quarters
|
|
940
Jakks Pacific
JAKK
$323M
| $14.1M | 0.03% |
163,753
+8,613
| +6% | +$772K |
2014 Q4
7 quarters
|
|
941
HEICO Corp Class A
HEI.A
$31.2B
| $14.1M | 0.02% |
567,305
+160,645
| +40% | +$3.75M |
2013 Q2
13 quarters
|
|
942
Nelnet
NNI
$4.48B
| $14.1M | 0.02% |
348,300
+8,200
| +2% | +$306K |
2013 Q2
13 quarters
|
|
|
NPTN
943
DELISTED
NEOPHOTONICS CORP
NPTN
| $14.1M | 0.02% |
860,000
-292,700
| -25% | -$4.12M |
2013 Q2
13 quarters
|
|
|
CUDA
944
DELISTED
Barracuda Networks, Inc.
CUDA
| $14M | 0.02% |
551,200
+389,200
| +240% | +$8.54M |
2015 Q1
6 quarters
|
|
|
DHIL
945
DELISTED
Diamond Hill
DHIL
| $14M | 0.02% |
76,000
-1,200
| -2% | -$227K |
2013 Q2
13 quarters
|
|
|
RPT
946
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $14M | 0.02% |
749,200
-99,301
| -12% | -$1.92M |
2014 Q1
10 quarters
|
|
947
Pool Corp
POOL
$5.8B
| $14M | 0.02% |
+148,136
| New | +$14.5M |
2016 Q3
0 quarters
|
|
948
UFP Technologies
UFPT
$2.24B
| $14M | 0.02% |
527,300
-9,400
| -2% | -$230K |
2013 Q2
13 quarters
|
|
949
Allison Transmission
ALSN
$9.07B
| $13.9M | 0.02% |
485,100
+216,200
| +80% | +$6.1M |
2013 Q3
12 quarters
|
|
|
ANH
950
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $13.9M | 0.02% |
2,821,320
+383,550
| +16% | +$1.88M |
2014 Q2
9 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.