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 | |
|---|---|---|---|---|---|---|---|
101
Deere & Co
DE
$175B
| $103M | 0.18% |
1,204,900
+402,500
| +50% | +$32.9M |
2015 Q3
4 quarters
|
|
|
BT
102
DELISTED
BT Group plc (ADR)
BT
| $102M | 0.18% |
3,999,500
+7,900
| +0.2% | +$207K |
2013 Q2
13 quarters
|
|
103
Motorola Solutions
MSI
$74B
| $102M | 0.18% |
1,333,215
+81,400
| +7% | +$5.95M |
2016 Q1
2 quarters
|
|
104
TFS Financial
TFSL
$4.54B
| $101M | 0.18% |
5,669,322
+178,700
| +3% | +$3.21M |
2013 Q2
13 quarters
|
|
105
Nokia
NOK
$56.1B
| $99.7M | 0.18% |
17,211,975
+379,675
| +2% | +$2.16M |
2013 Q4
11 quarters
|
|
|
FNSR
106
DELISTED
Finisar Corp
FNSR
| $98.9M | 0.17% |
3,317,510
+149,000
| +5% | +$3.26M |
2015 Q3
4 quarters
|
|
107
Lam Research
LRCX
$402B
| $98.4M | 0.17% |
10,392,560
+1,128,000
| +12% | +$10.3M |
2015 Q2
5 quarters
|
|
108
Public Storage
PSA
$53B
| $97.2M | 0.17% |
435,734
+222,700
| +105% | +$52M |
2016 Q2
1 quarter
|
|
109
Manhattan Associates
MANH
$11.9B
| $93.7M | 0.17% |
1,626,060
-157,100
| -9% | -$9.46M |
2013 Q2
13 quarters
|
|
|
CSGS
110
DELISTED
CSG Systems International
CSGS
| $93.6M | 0.17% |
2,265,399
-19,223
| -0.8% | -$806K |
2013 Q2
13 quarters
|
|
111
ICU Medical
ICUI
$3.93B
| $93.4M | 0.17% |
739,000
-54,100
| -7% | -$6.52M |
2013 Q2
13 quarters
|
|
112
KLA
KLAC
$256B
| $92.2M | 0.16% |
13,228,840
+6,477,000
| +96% | +$46.6M |
2015 Q3
4 quarters
|
|
113
ResMed
RMD
$31.8B
| $92.1M | 0.16% |
1,421,600
+632,900
| +80% | +$42.1M |
2015 Q3
4 quarters
|
|
114
PLDT
PHI
$3.96B
| $90.4M | 0.16% |
2,534,100
+60,700
| +2% | +$2.45M |
2013 Q2
13 quarters
|
|
115
Take-Two Interactive
TTWO
$39.6B
| $90.2M | 0.16% |
2,000,250
-477,400
| -19% | -$20.1M |
2013 Q4
11 quarters
|
|
116
UDR
UDR
$10.8B
| $89.8M | 0.16% |
2,496,100
+639,300
| +34% | +$23.3M |
2014 Q3
8 quarters
|
|
117
Teva Pharmaceutical Industries Limited
TEVA
$45.6B
| $89.6M | 0.16% |
1,947,963
+560,200
| +40% | +$29.2M |
2014 Q2
9 quarters
|
|
118
AB InBev
BUD
$152B
| $89.6M | 0.16% |
681,717
+468,300
| +219% | +$59.2M |
2015 Q3
4 quarters
|
|
119
Adeia
ADEA
$2.66B
| $88.8M | 0.16% |
8,732,609
+306,558
| +4% | +$2.69M |
2013 Q2
13 quarters
|
|
120
Gaming and Leisure Properties
GLPI
$11.1B
| $88.8M | 0.16% |
2,653,289
+957,894
| +56% | +$33.1M |
2014 Q1
10 quarters
|
|
121
PepsiCo
PEP
$172B
| $88.6M | 0.16% |
814,462
-725,100
| -47% | -$78.1M |
2013 Q2
13 quarters
|
|
122
Royal Bank of Canada
RY
$265B
| $88.6M | 0.16% |
1,429,483
+206,600
| +17% | +$12.7M |
2013 Q2
13 quarters
|
|
123
Align Technology
ALGN
$9.9B
| $88.5M | 0.16% |
944,200
+105,000
| +13% | +$9.5M |
2013 Q2
13 quarters
|
|
|
NTT
124
DELISTED
Nippon Telegraph & Telephone
NTT
| $88.5M | 0.16% |
1,931,400
-240,700
| -11% | -$11.2M |
2013 Q2
13 quarters
|
|
125
Veeva Systems
VEEV
$46.1B
| $87.8M | 0.16% |
2,127,500
+491,400
| +30% | +$19.1M |
2014 Q4
7 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.