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 | |
|---|---|---|---|---|---|---|---|
1101
Edgewell Personal Care
EPC
$1.28B
| $10.9M | 0.02% |
136,900
-355,600
| -72% | -$28.7M |
2015 Q3
4 quarters
|
|
|
CNH
1102
CNH Industrial
CNH
$18.3B
| $10.9M | 0.02% |
1,737,721
+1,039,014
| +149% | +$6.46M |
2015 Q3
4 quarters
|
|
1103
Inogen
INGN
$164M
| $10.9M | 0.02% |
181,500
-34,800
| -16% | -$1.94M |
2014 Q4
7 quarters
|
|
1104
AES
AES
$10.7B
| $10.9M | 0.02% |
846,000
-1,018,200
| -55% | -$12.7M |
2016 Q1
2 quarters
|
|
1105
Fabrinet
FN
$17.4B
| $10.9M | 0.02% |
243,800
+125,300
| +106% | +$4.97M |
2013 Q3
12 quarters
|
|
1106
Compañía de Cervecerías Unidas
CCU
$2.02B
| $10.8M | 0.02% |
535,700
+162,300
| +43% | +$3.56M |
2013 Q2
13 quarters
|
|
1107
Mesa Laboratories
MLAB
$714M
| $10.8M | 0.02% |
94,159
-7,441
| -7% | -$848K |
2013 Q2
13 quarters
|
|
1108
Dentsply Sirona
XRAY
$1.76B
| $10.7M | 0.02% |
180,458
-2,200
| -1% | -$135K |
2016 Q2
1 quarter
|
|
1109
QuidelOrtho
QDEL
$920M
| $10.7M | 0.02% |
484,300
+79,600
| +20% | +$1.7M |
2015 Q2
5 quarters
|
|
1110
Embotelladora Andina Series B
AKO.B
$4.67B
| $10.7M | 0.02% |
472,600
+18,770
| +4% | +$425K |
2013 Q2
13 quarters
|
|
|
NTL
1111
DELISTED
Nortel Invesora 1/20 Ser B Shr
NTL
| $10.7M | 0.02% |
437,600
-21,200
| -5% | -$495K |
2013 Q2
13 quarters
|
|
1112
Sumitomo Mitsui Financial Group, Inc American Depositary Shares (each representing 1.2 shares of Common Stock)
SMFG
$158B
| $10.7M | 0.02% |
1,578,300
-238,300
| -13% | -$1.55M |
2013 Q2
13 quarters
|
|
1113
White Mountains Insurance
WTM
$4.92B
| $10.6M | 0.02% |
12,800
-7,000
| -35% | -$5.77M |
2013 Q2
13 quarters
|
|
1114
Bausch Health
BHC
$2.26B
| $10.6M | 0.02% |
432,489
+320,600
| +287% | +$8.3M |
2016 Q2
1 quarter
|
|
|
DBD
1115
DELISTED
Diebold Nixdorf Incorporated
DBD
| $10.6M | 0.02% |
428,300
+160,400
| +60% | +$4.26M |
2015 Q4
3 quarters
|
|
1116
Paycom
PAYC
$10.5B
| $10.6M | 0.02% |
+211,650
| New | +$10.3M |
2016 Q3
0 quarters
|
|
|
SEMI
1117
DELISTED
SunEdison Semiconductor Limited
SEMI
| $10.6M | 0.02% |
929,200
+603,900
| +186% | +$5.41M |
2015 Q4
3 quarters
|
|
1118
McGrath RentCorp
MGRC
$2.78B
| $10.5M | 0.02% |
332,595
+167,195
| +101% | +$5.29M |
2014 Q4
7 quarters
|
|
|
JE
1119
DELISTED
Just Energy Group Inc
JE
| $10.5M | 0.02% |
62,890
+7,157
| +13% | +$1.35M |
2014 Q3
8 quarters
|
|
|
AAIC
1120
DELISTED
Arlington Asset Investment Corp.
AAIC
| $10.5M | 0.02% |
711,075
+87,000
| +14% | +$1.25M |
2015 Q1
6 quarters
|
|
|
RAS
1121
DELISTED
RAIT Financial Trust
RAS
| $10.5M | 0.02% |
3,108,300
+559,200
| +22% | +$1.75M |
2013 Q2
13 quarters
|
|
1122
Dawson Geophysical
DWSN
$80.4M
| $10.5M | 0.02% |
1,440,014
+399
| +0% | +$2.84K |
2013 Q2
13 quarters
|
|
1123
Ameris Bancorp
ABCB
$5.3B
| $10.5M | 0.02% |
299,083
-46,800
| -14% | -$1.56M |
2013 Q2
13 quarters
|
|
1124
Brown-Forman Class A
BF.A
$12.3B
| $10.5M | 0.02% |
262,625
+23,500
| +10% | +$971K |
2013 Q2
13 quarters
|
|
1125
WesBanco
WSBC
$3.51B
| $10.4M | 0.02% |
317,273
+32,322
| +11% | +$1.03M |
2013 Q2
13 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.