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 | |
|---|---|---|---|---|---|---|---|
|
ALEX
1226
DELISTED
Alexander & Baldwin
ALEX
| $8.72M | 0.02% |
227,100
+18,800
| +9% | +$736K |
2015 Q1
6 quarters
|
|
|
SREV
1227
DELISTED
ServiceSource International, Inc.
SREV
| $8.71M | 0.02% |
1,784,074
+51,328
| +3% | +$242K |
2014 Q3
8 quarters
|
|
|
MBLY
1228
DELISTED
Mobileye N.V.
MBLY
| $8.71M | 0.02% |
+204,500
| New | +$9.45M |
2016 Q3
0 quarters
|
|
|
SVA
1229
DELISTED
Sinovac Biotech, Ltd
SVA
| $8.7M | 0.02% |
1,475,000
+78,900
| +6% | +$464K |
2013 Q2
13 quarters
|
|
|
FMBI
1230
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $8.7M | 0.02% |
449,500
+33,300
| +8% | +$630K |
2014 Q4
7 quarters
|
|
1231
HUB Group
HUBG
$1.58B
| $8.69M | 0.02% |
426,400
-45,472
| -10% | -$925K |
2015 Q4
3 quarters
|
|
|
TCF
1232
DELISTED
TCF Financial Corporation Common Stock
TCF
| $8.69M | 0.02% |
196,844
-124,210
| -39% | -$5.29M |
2013 Q2
13 quarters
|
|
1233
Willis Lease Finance
WLFC
$864M
| $8.67M | 0.02% |
1,094,400
+70,449
| +7% | +$586K |
2013 Q2
13 quarters
|
|
|
STI
1234
DELISTED
SunTrust Banks, Inc.
STI
| $8.67M | 0.02% |
197,900
+4,983
| +3% | +$213K |
2016 Q2
1 quarter
|
|
1235
Primerica
PRI
$8.47B
| $8.66M | 0.02% |
+163,400
| New | +$9.03M |
2016 Q3
0 quarters
|
|
|
SGBK
1236
DELISTED
Stonegate Bank
SGBK
| $8.66M | 0.02% |
256,500
+40,900
| +19% | +$1.32M |
2015 Q1
6 quarters
|
|
|
AHT
1237
Ashford Hospitality Trust
AHT
$14M
| $8.65M | 0.02% |
1,486
+360
| +32% | +$2.2M |
2013 Q2
13 quarters
|
|
|
NUVA
1238
DELISTED
NuVasive, Inc.
NUVA
| $8.64M | 0.02% |
129,600
-189,588
| -59% | -$12.1M |
2013 Q2
13 quarters
|
|
|
AMCC
1239
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $8.63M | 0.02% |
1,241,543
+328,107
| +36% | +$2.27M |
2015 Q4
3 quarters
|
|
|
PMD
1240
DELISTED
Psychemedics Corporation
PMD
| $8.62M | 0.02% |
434,700
+27,600
| +7% | +$512K |
2013 Q2
13 quarters
|
|
|
PRSU
1241
Pursuit Attractions and Hospitality Inc
PRSU
$1.44B
| $8.57M | 0.02% |
232,570
-31,630
| -12% | -$1.1M |
2013 Q2
13 quarters
|
|
1242
IES Holdings
IESC
$12.6B
| $8.57M | 0.02% |
963,664
-65,400
| -6% | -$503K |
2013 Q2
13 quarters
|
|
1243
Innospec
IOSP
$2.36B
| $8.56M | 0.02% |
140,800
-18,300
| -12% | -$1.02M |
2015 Q1
6 quarters
|
|
|
ARC
1244
DELISTED
ARC Document Solutions, Inc.
ARC
| $8.56M | 0.02% |
2,289,100
+119,900
| +6% | +$434K |
2013 Q2
13 quarters
|
|
|
GPOR
1245
DELISTED
Gulfport Energy Corp.
GPOR
| $8.56M | 0.02% |
303,001
-286,499
| -49% | -$8.17M |
2015 Q3
4 quarters
|
|
1246
CAE Inc
CAE
$7.64B
| $8.55M | 0.02% |
600,700
-450,000
| -43% | -$6.12M |
2013 Q2
13 quarters
|
|
1247
Children's Place
PLCE
$31.6M
| $8.55M | 0.02% |
107,060
-224,200
| -68% | -$18.5M |
2015 Q1
6 quarters
|
|
1248
Gentex
GNTX
$4.43B
| $8.55M | 0.02% |
+486,896
| New | +$8.41M |
2016 Q3
0 quarters
|
|
1249
Ametek
AME
$57B
| $8.54M | 0.02% |
178,750
-46,900
| -21% | -$2.23M |
2016 Q1
2 quarters
|
|
1250
DHI Group
DHX
$221M
| $8.52M | 0.02% |
1,080,400
+255,600
| +31% | +$1.87M |
2013 Q3
12 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.