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 | |
|---|---|---|---|---|---|---|---|
1126
Univest Financial
UVSP
$1.13B
| $10.4M | 0.02% |
445,969
+100,069
| +29% | +$2.23M |
2013 Q2
13 quarters
|
|
|
HT
1127
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $10.4M | 0.02% |
577,325
+54,100
| +10% | +$1.02M |
2014 Q3
8 quarters
|
|
|
VWR
1128
DELISTED
VWR Corporation
VWR
| $10.4M | 0.02% |
366,300
+159,000
| +77% | +$4.61M |
2015 Q4
3 quarters
|
|
1129
Barclays
BCS
$76.6B
| $10.4M | 0.02% |
1,266,496
-720,585
| -36% | -$5.69M |
2016 Q1
2 quarters
|
|
1130
Mercer International
MERC
$16M
| $10.4M | 0.02% |
1,224,600
+124,200
| +11% | +$1.03M |
2014 Q3
8 quarters
|
|
|
TCP
1131
DELISTED
TC Pipelines LP
TCP
| $10.4M | 0.02% |
181,700
+72,800
| +67% | +$3.94M |
2015 Q2
5 quarters
|
|
1132
Tyler Technologies
TYL
$13.5B
| $10.3M | 0.02% |
+60,400
| New | +$10.1M |
2016 Q3
0 quarters
|
|
1133
Werner Enterprises
WERN
$1.96B
| $10.3M | 0.02% |
443,863
+268,400
| +153% | +$6.37M |
2016 Q1
2 quarters
|
|
1134
Artivion
AORT
$1.04B
| $10.3M | 0.02% |
586,900
-208,600
| -26% | -$3.15M |
2013 Q2
13 quarters
|
|
|
QIWI
1135
DELISTED
QIWI PLC
QIWI
| $10.2M | 0.02% |
698,200
-200,600
| -22% | -$2.72M |
2014 Q3
8 quarters
|
|
|
CYBE
1136
DELISTED
Cyberoptics Corp
CYBE
| $10.2M | 0.02% |
415,200
+34,900
| +9% | +$671K |
2013 Q2
13 quarters
|
|
1137
Genpact
G
$5.75B
| $10.2M | 0.02% |
426,100
+26,500
| +7% | +$656K |
2013 Q2
13 quarters
|
|
1138
iShares US Real Estate ETF
IYR
$4.16B
| $10.2M | 0.02% |
126,500
-47,300
| -27% | -$3.92M |
2016 Q2
1 quarter
|
|
|
TVPT
1139
DELISTED
Travelport Worldwide Limited
TVPT
| $10.2M | 0.02% |
+677,369
| New | +$9.31M |
2016 Q3
0 quarters
|
|
1140
Benchmark Electronics
BHE
$2.93B
| $10.2M | 0.02% |
407,700
-50,200
| -11% | -$1.19M |
2013 Q2
13 quarters
|
|
|
RSTI
1141
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $10.1M | 0.02% |
314,358
+164,400
| +110% | +$5.26M |
2014 Q4
7 quarters
|
|
1142
Mizuho Financial
MFG
$128B
| $10.1M | 0.02% |
3,006,700
+112,500
| +4% | +$366K |
2013 Q2
13 quarters
|
|
|
OLP
1143
One Liberty Properties
OLP
$481M
| $10.1M | 0.02% |
418,189
+40,200
| +11% | +$988K |
2013 Q2
13 quarters
|
|
1144
Belden
BDC
$4.27B
| $10.1M | 0.02% |
146,100
-30,200
| -17% | -$2.1M |
2015 Q4
3 quarters
|
|
1145
Ionis Pharmaceuticals
IONS
$7.52B
| $10.1M | 0.02% |
274,814
+91,714
| +50% | +$2.87M |
2015 Q2
5 quarters
|
|
1146
Stoneridge
SRI
$181M
| $10M | 0.02% |
546,100
+94,200
| +21% | +$1.62M |
2015 Q1
6 quarters
|
|
|
ENIA
1147
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $10M | 0.02% |
1,223,600
-77,600
| -6% | -$666K |
2015 Q3
4 quarters
|
|
1148
Bright Horizons
BFAM
$3.38B
| $10M | 0.02% |
149,800
+1,400
| +0.9% | +$94.3K |
2015 Q2
5 quarters
|
|
|
PGEM
1149
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $9.99M | 0.02% |
747,900
+73,100
| +11% | +$1.06M |
2015 Q1
6 quarters
|
|
1150
Descartes Systems
DSGX
$7.09B
| $9.97M | 0.02% |
463,400
-3,300
| -0.7% | -$67.5K |
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.