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 | |
|---|---|---|---|---|---|---|---|
1076
Nordson
NDSN
$18.3B
| $11.3M | 0.02% |
113,014
+30,200
| +36% | +$2.8M |
2016 Q2
1 quarter
|
|
1077
Affiliated Managers Group
AMG
$10B
| $11.2M | 0.02% |
+77,700
| New | +$11.1M |
2016 Q3
0 quarters
|
|
|
SIR
1078
DELISTED
SELECT INCOME REIT
SIR
| $11.2M | 0.02% |
949,585
+76,213
| +9% | +$906K |
2016 Q1
2 quarters
|
|
1079
Ducommun
DCO
$2.58B
| $11.2M | 0.02% |
490,600
+119,800
| +32% | +$2.57M |
2013 Q2
13 quarters
|
|
1080
Western Midstream Partners
WES
$18.8B
| $11.2M | 0.02% |
263,552
+156,900
| +147% | +$5.91M |
2015 Q3
4 quarters
|
|
1081
Ezcorp Inc
EZPW
$1.96B
| $11.2M | 0.02% |
1,011,418
+647,018
| +178% | +$6.24M |
2015 Q2
5 quarters
|
|
1082
Independent Bank Corp
IBCP
$785M
| $11.2M | 0.02% |
664,500
+78,000
| +13% | +$1.23M |
2013 Q2
13 quarters
|
|
1083
Onto Innovation
ONTO
$14.5B
| $11.2M | 0.02% |
499,600
-26,500
| -5% | -$555K |
2015 Q2
5 quarters
|
|
|
SHLX
1084
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $11.1M | 0.02% |
346,943
-368,500
| -52% | -$11.6M |
2016 Q1
2 quarters
|
|
|
CTXS
1085
DELISTED
Citrix Systems Inc
CTXS
| $11.1M | 0.02% |
163,241
-335,299
| -67% | -$22.8M |
2016 Q1
2 quarters
|
|
1086
Grupo Cibest SA
CIB
$22.4B
| $11.1M | 0.02% |
283,700
+53,900
| +23% | +$2M |
2016 Q1
2 quarters
|
|
|
CPL
1087
DELISTED
CPFL Energia S.A.
CPL
| $11.1M | 0.02% |
747,486
+238,700
| +47% | +$3.39M |
2014 Q4
7 quarters
|
|
|
ZAYO
1088
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $11M | 0.02% |
371,200
+328,300
| +765% | +$9.5M |
2016 Q2
1 quarter
|
|
|
AE
1089
DELISTED
Adams Resources & Energy Inc
AE
| $11M | 0.02% |
280,200
+2,555
| +0.9% | +$89.9K |
2013 Q2
13 quarters
|
|
1090
NXP Semiconductors
NXPI
$57.4B
| $11M | 0.02% |
+107,988
| New | +$9.15M |
2016 Q3
0 quarters
|
|
1091
Hope Bancorp
HOPE
$1.7B
| $11M | 0.02% |
632,330
+541,464
| +596% | +$8.77M |
2015 Q4
3 quarters
|
|
1092
AngioDynamics
ANGO
$484M
| $11M | 0.02% |
625,846
+131,446
| +27% | +$2.13M |
2013 Q2
13 quarters
|
|
1093
Deutsche Bank
DB
$63.3B
| $10.9M | 0.02% |
936,363
+915,233
| +4,331% | +$11.2M |
2016 Q1
2 quarters
|
|
|
SNR
1094
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $10.9M | 0.02% |
948,139
+784,039
| +478% | +$9.26M |
2016 Q2
1 quarter
|
|
1095
SouthState Bank Corp
SSB
$9.72B
| $10.9M | 0.02% |
145,683
-19,267
| -12% | -$1.41M |
2013 Q3
12 quarters
|
|
|
EPAY
1096
DELISTED
Bottomline Technologies Inc
EPAY
| $10.9M | 0.02% |
468,942
+258,242
| +123% | +$5.66M |
2014 Q3
8 quarters
|
|
1097
FTI Consulting
FCN
$3.76B
| $10.9M | 0.02% |
244,900
+84,000
| +52% | +$3.63M |
2014 Q4
7 quarters
|
|
1098
Cabot Corp
CBT
$3.87B
| $10.9M | 0.02% |
208,200
-101,500
| -33% | -$5.02M |
2014 Q3
8 quarters
|
|
1099
Banner Corp
BANR
$2.43B
| $10.9M | 0.02% |
249,199
-80,300
| -24% | -$3.46M |
2014 Q3
8 quarters
|
|
|
COR
1100
DELISTED
Coresite Realty Corporation
COR
| $10.9M | 0.02% |
147,100
-260,013
| -64% | -$21.1M |
2014 Q3
8 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.