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 | |
|---|---|---|---|---|---|---|---|
1001
Fluor
FLR
$6.78B
| $12.7M | 0.02% |
247,400
-158,400
| -39% | -$8.17M |
2015 Q1
6 quarters
|
|
1002
NMI Holdings
NMIH
$3.01B
| $12.7M | 0.02% |
1,665,900
+170,162
| +11% | +$1.19M |
2015 Q1
6 quarters
|
|
1003
ANI Pharmaceuticals
ANIP
$1.7B
| $12.7M | 0.02% |
190,900
+117,000
| +158% | +$7.32M |
2016 Q2
1 quarter
|
|
|
CTLT
1004
DELISTED
CATALENT, INC.
CTLT
| $12.7M | 0.02% |
+489,900
| New | +$12.2M |
2016 Q3
0 quarters
|
|
|
KATE
1005
DELISTED
Kate Spade & Company
KATE
| $12.7M | 0.02% |
739,000
+100,300
| +16% | +$1.94M |
2015 Q4
3 quarters
|
|
|
BPFH
1006
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $12.7M | 0.02% |
986,000
+68,900
| +8% | +$854K |
2014 Q3
8 quarters
|
|
|
ETP
1007
DELISTED
Energy Transfer Partners, L.P.
ETP
| $12.6M | 0.02% |
444,600
-283,000
| -39% | -$8.23M |
2014 Q2
9 quarters
|
|
1008
Coca-Cola
KO
$379B
| $12.6M | 0.02% |
297,900
+19,400
| +7% | +$850K |
2014 Q3
8 quarters
|
|
1009
Chemours
CC
$2.05B
| $12.6M | 0.02% |
787,300
+491,900
| +167% | +$5.62M |
2016 Q2
1 quarter
|
|
|
WLL
1010
DELISTED
Whiting Petroleum Corporation
WLL
| $12.6M | 0.02% |
+4,795
| New | +$11.2M |
2016 Q3
0 quarters
|
|
|
PPS
1011
DELISTED
Post Properties
PPS
| $12.5M | 0.02% |
189,700
-228,800
| -55% | -$14.8M |
2014 Q3
8 quarters
|
|
1012
Yelp
YELP
$1.01B
| $12.5M | 0.02% |
300,200
+266,800
| +799% | +$9.35M |
2016 Q2
1 quarter
|
|
|
WBMD
1013
DELISTED
WebMD Health Corp.
WBMD
| $12.5M | 0.02% |
251,380
-272,420
| -52% | -$15M |
2013 Q2
13 quarters
|
|
|
FNHC
1014
DELISTED
FedNat Holding Company Common Stock
FNHC
| $12.5M | 0.02% |
667,400
+17,500
| +3% | +$332K |
2013 Q2
13 quarters
|
|
|
FNGN
1015
DELISTED
Financial Engines, Inc.
FNGN
| $12.5M | 0.02% |
419,600
+29,500
| +8% | +$858K |
2015 Q4
3 quarters
|
|
|
CUTR
1016
DELISTED
Cutera, Inc.
CUTR
| $12.5M | 0.02% |
1,045,400
+19,600
| +2% | +$218K |
2013 Q2
13 quarters
|
|
|
MSCC
1017
DELISTED
Microsemi Corp
MSCC
| $12.5M | 0.02% |
+296,801
| New | +$11.4M |
2016 Q3
0 quarters
|
|
1018
Outfront Media
OUT
$5.28B
| $12.4M | 0.02% |
534,403
-225,242
| -30% | -$5.07M |
2015 Q4
3 quarters
|
|
|
FRGI
1019
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $12.4M | 0.02% |
516,666
+196,600
| +61% | +$4.75M |
2015 Q4
3 quarters
|
|
1020
Novanta
NOVT
$5.34B
| $12.4M | 0.02% |
713,500
-22,100
| -3% | -$364K |
2016 Q2
1 quarter
|
|
1021
Darling Ingredients
DAR
$9.51B
| $12.4M | 0.02% |
914,700
-5,100
| -0.6% | -$73.6K |
2015 Q4
3 quarters
|
|
1022
Cameco
CCJ
$38.4B
| $12.3M | 0.02% |
1,443,500
+1,085,000
| +303% | +$10.4M |
2015 Q4
3 quarters
|
|
|
RSYS
1023
DELISTED
Radisys Corp
RSYS
| $12.2M | 0.02% |
2,290,999
+54,080
| +2% | +$273K |
2013 Q2
13 quarters
|
|
|
SRCL
1024
DELISTED
Stericycle Inc
SRCL
| $12.2M | 0.02% |
+152,620
| New | +$13.8M |
2016 Q3
0 quarters
|
|
1025
Ennis
EBF
$560M
| $12.2M | 0.02% |
723,600
-170,500
| -19% | -$2.93M |
2015 Q1
6 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.