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 | |
|---|---|---|---|---|---|---|---|
976
Hecla Mining
HL
$11.5B
| $13.4M | 0.02% |
2,345,653
-2,332,041
| -50% | -$14.3M |
2015 Q2
5 quarters
|
|
|
HF
977
DELISTED
HFF Inc.
HF
| $13.4M | 0.02% |
482,800
-110,300
| -19% | -$3.06M |
2013 Q2
13 quarters
|
|
|
VR
978
DELISTED
Validus Hold Ltd
VR
| $13.4M | 0.02% |
268,269
+101,800
| +61% | +$5.06M |
2015 Q4
3 quarters
|
|
|
SGI
979
DELISTED
Silicon Graphics Intl.
SGI
| $13.4M | 0.02% |
1,734,658
+1,216,758
| +235% | +$8.08M |
2014 Q4
7 quarters
|
|
980
Encompass Health
EHC
$12.2B
| $13.3M | 0.02% |
413,176
-61,593
| -13% | -$2M |
2013 Q2
13 quarters
|
|
981
Hexcel
HXL
$6.42B
| $13.3M | 0.02% |
300,500
+11,900
| +4% | +$521K |
2015 Q2
5 quarters
|
|
|
BKMU
982
DELISTED
Bank Mutual Corp
BKMU
| $13.3M | 0.02% |
1,725,453
+93,900
| +6% | +$723K |
2013 Q2
13 quarters
|
|
|
XIN
983
DELISTED
Xinyuan Real Estate
XIN
| $13.2M | 0.02% |
209,390
+57,250
| +38% | +$3.28M |
2013 Q2
13 quarters
|
|
984
MPLX
MPLX
$57.1B
| $13.2M | 0.02% |
+390,767
| New | +$12.9M |
2016 Q3
0 quarters
|
|
985
AptarGroup
ATR
$7.65B
| $13.2M | 0.02% |
170,500
-25,100
| -13% | -$1.96M |
2014 Q2
9 quarters
|
|
986
Casella Waste Systems
CWST
$5.33B
| $13.2M | 0.02% |
1,279,342
+482,700
| +61% | +$4.4M |
2014 Q3
8 quarters
|
|
|
CSR
987
Centerspace
CSR
$940M
| $13.1M | 0.02% |
220,930
+9,400
| +4% | +$599K |
2014 Q3
8 quarters
|
|
988
Entravision Communication
EVC
$621M
| $13.1M | 0.02% |
1,721,122
+254,170
| +17% | +$1.89M |
2013 Q2
13 quarters
|
|
|
DCP
989
DELISTED
DCP Midstream, LP
DCP
| $13.1M | 0.02% |
371,610
+49,900
| +16% | +$1.7M |
2016 Q1
2 quarters
|
|
990
Owens Corning
OC
$9.02B
| $13.1M | 0.02% |
245,800
-298,500
| -55% | -$16M |
2016 Q1
2 quarters
|
|
|
JIVE
991
DELISTED
Jive Software, Inc.
JIVE
| $13.1M | 0.02% |
3,068,200
+330,500
| +12% | +$1.35M |
2013 Q4
11 quarters
|
|
992
Gilat Satellite Networks
GILT
$689M
| $13M | 0.02% |
2,677,354
+44,900
| +2% | +$211K |
2013 Q2
13 quarters
|
|
|
ALX
993
Alexander's
ALX
$1.23B
| $13M | 0.02% |
31,000
+9,000
| +41% | +$3.86M |
2013 Q2
13 quarters
|
|
|
INVX
994
Innovex International
INVX
$1.96B
| $12.9M | 0.02% |
231,900
+10,900
| +5% | +$608K |
2015 Q4
3 quarters
|
|
995
Acuity Brands
AYI
$8.93B
| $12.9M | 0.02% |
48,818
+5,147
| +12% | +$1.37M |
2016 Q2
1 quarter
|
|
|
ECOL
996
DELISTED
US Ecology, Inc.
ECOL
| $12.9M | 0.02% |
287,400
-11,553
| -4% | -$521K |
2013 Q2
13 quarters
|
|
|
LPSN
997
DELISTED
LivePerson
LPSN
| $12.9M | 0.02% |
102,073
+14,273
| +16% | +$1.63M |
2014 Q1
10 quarters
|
|
998
Cousins Properties
CUZ
$4.55B
| $12.9M | 0.02% |
436,372
-583,095
| -57% | -$17.6M |
2014 Q4
7 quarters
|
|
999
Sabre
SABR
$767M
| $12.8M | 0.02% |
453,500
-259,200
| -36% | -$7.23M |
2015 Q2
5 quarters
|
|
|
OCLR
1000
DELISTED
Oclaro Inc.
OCLR
| $12.7M | 0.02% |
+1,486,456
| New | +$10.3M |
2016 Q3
0 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.