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 | |
|---|---|---|---|---|---|---|---|
951
Monolithic Power Systems
MPWR
$68.1B
| $13.8M | 0.02% |
171,300
-177,586
| -51% | -$13.1M |
2013 Q2
13 quarters
|
|
|
BSTC
952
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $13.8M | 0.02% |
301,862
+30,462
| +11% | +$1.22M |
2013 Q3
12 quarters
|
|
|
TBNK
953
DELISTED
Territorial Bancorp Inc.
TBNK
| $13.8M | 0.02% |
480,300
+7,700
| +2% | +$215K |
2013 Q2
13 quarters
|
|
|
ZNH
954
DELISTED
China Southern Airlines Company Limited
ZNH
| $13.7M | 0.02% |
486,600
+1,200
| +0.2% | +$37.2K |
2013 Q2
13 quarters
|
|
|
SMI
955
DELISTED
Semiconductor Manufacturing Intl
SMI
| $13.6M | 0.02% |
2,449,500
+117,300
| +5% | +$571K |
2013 Q2
13 quarters
|
|
|
LBRDA
956
DELISTED
Liberty Broadband Class A
LBRDA
| $13.6M | 0.02% |
194,400
+109,700
| +130% | +$7.23M |
2015 Q2
5 quarters
|
|
957
Reading International Class A
RDI
$43.3M
| $13.6M | 0.02% |
1,021,100
+66,500
| +7% | +$882K |
2013 Q2
13 quarters
|
|
|
USG
958
DELISTED
Usg
USG
| $13.6M | 0.02% |
526,700
+410,600
| +354% | +$11.4M |
2016 Q1
2 quarters
|
|
959
Winmark
WINA
$1.05B
| $13.6M | 0.02% |
128,800
+1,400
| +1% | +$142K |
2013 Q2
13 quarters
|
|
960
Cencora
COR
$61.8B
| $13.5M | 0.02% |
+167,600
| New | +$14.4M |
2016 Q3
0 quarters
|
|
961
Sonida Senior Living
SNDA
$1.69B
| $13.5M | 0.02% |
53,687
+2,040
| +4% | +$540K |
2013 Q2
13 quarters
|
|
|
CLCT
962
DELISTED
Collectors Universe
CLCT
| $13.5M | 0.02% |
730,119
+1,600
| +0.2% | +$32.1K |
2013 Q2
13 quarters
|
|
|
CKH
963
DELISTED
Seacor Holdings Inc.
CKH
| $13.5M | 0.02% |
234,615
+82,514
| +54% | +$4.54M |
2016 Q1
2 quarters
|
|
964
Targa Resources
TRGP
$61.5B
| $13.5M | 0.02% |
274,486
-182,600
| -40% | -$7.93M |
2013 Q2
13 quarters
|
|
|
QADA
965
DELISTED
QAD Inc.
QADA
| $13.4M | 0.02% |
600,777
+47,200
| +9% | +$972K |
2013 Q2
13 quarters
|
|
|
DFS
966
DELISTED
Discover Financial Services
DFS
| $13.4M | 0.02% |
237,600
-543,000
| -70% | -$31.1M |
2016 Q2
1 quarter
|
|
967
Coca-Cola Consolidated
COKE
$13.1B
| $13.4M | 0.02% |
906,000
-1,086,270
| -55% | -$16.1M |
2013 Q2
13 quarters
|
|
|
SIGM
968
DELISTED
Sigma Designs Inc
SIGM
| $13.4M | 0.02% |
1,721,800
-206,200
| -11% | -$1.49M |
2013 Q2
13 quarters
|
|
969
Goldgroup Mining
GORO
$576M
| $13.4M | 0.02% |
451,825
-13,105
| -3% | -$310K |
2013 Q3
12 quarters
|
|
970
Trinity Industries
TRN
$2.03B
| $13.4M | 0.02% |
769,506
+350,584
| +84% | +$5.77M |
2016 Q2
1 quarter
|
|
|
ATRI
971
DELISTED
Atrion Corp
ATRI
| $13.4M | 0.02% |
31,400
+2,900
| +10% | +$1.29M |
2013 Q2
13 quarters
|
|
|
WBD
972
DELISTED
Warner Bros
WBD
| $13.4M | 0.02% |
497,474
+232,624
| +88% | +$5.97M |
2016 Q2
1 quarter
|
|
973
Fidelity National Financial
FNF
$10.4B
| $13.4M | 0.02% |
522,433
-545,624
| -51% | -$14.1M |
2013 Q2
13 quarters
|
|
974
Chemed
CHE
$6.53B
| $13.4M | 0.02% |
94,800
-15,200
| -14% | -$2.12M |
2014 Q1
10 quarters
|
|
|
QEP
975
DELISTED
QEP RESOURCES, INC.
QEP
| $13.4M | 0.02% |
684,700
-491,700
| -42% | -$9.06M |
2014 Q4
7 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.