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 | |
|---|---|---|---|---|---|---|---|
1251
Village Super Market
VLGEA
$652M
| $8.52M | 0.02% |
266,300
+33,600
| +14% | +$1.05M |
2013 Q2
13 quarters
|
|
|
PKY
1252
DELISTED
Parkway, Inc.
PKY
| $8.51M | 0.02% |
500,480
-20,600
| -4% | -$359K |
2016 Q2
1 quarter
|
|
|
FFIC
1253
DELISTED
Flushing Financial
FFIC
| $8.51M | 0.02% |
358,600
-28,060
| -7% | -$624K |
2013 Q2
13 quarters
|
|
|
BBT
1254
Beacon Financial Corp
BBT
$2.28B
| $8.5M | 0.02% |
306,781
+14,900
| +5% | +$407K |
2015 Q1
6 quarters
|
|
1255
Powell Industries
POWL
$6.99B
| $8.49M | 0.02% |
635,700
+70,800
| +13% | +$903K |
2015 Q3
4 quarters
|
|
|
RAI
1256
DELISTED
Reynolds American Inc
RAI
| $8.45M | 0.01% |
179,300
-1,371,977
| -88% | -$68.8M |
2015 Q3
4 quarters
|
|
1257
eHealth
EHTH
$22.4M
| $8.45M | 0.01% |
753,700
+68,000
| +10% | +$800K |
2013 Q2
13 quarters
|
|
|
NBL
1258
DELISTED
Noble Energy, Inc.
NBL
| $8.42M | 0.01% |
235,477
-182,800
| -44% | -$6.42M |
2016 Q1
2 quarters
|
|
|
NXGN
1259
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $8.38M | 0.01% |
740,276
+113,445
| +18% | +$1.36M |
2013 Q2
13 quarters
|
|
|
IMPV
1260
DELISTED
Imperva, Inc.
IMPV
| $8.37M | 0.01% |
155,900
-172,500
| -53% | -$8.01M |
2015 Q1
6 quarters
|
|
|
TRST
1261
Trustco Bank Corp NY
TRST
$913M
| $8.37M | 0.01% |
236,080
+33,860
| +17% | +$1.16M |
2014 Q2
9 quarters
|
|
1262
Service Corp International
SCI
$10.5B
| $8.36M | 0.01% |
314,800
-476,400
| -60% | -$12.9M |
2015 Q4
3 quarters
|
|
1263
Community Bank
CBU
$3.08B
| $8.35M | 0.01% |
173,500
-46,400
| -21% | -$2.1M |
2014 Q2
9 quarters
|
|
1264
Nathan's Famous
NATH
$417M
| $8.33M | 0.01% |
158,600
+1,200
| +0.8% | +$58.4K |
2013 Q2
13 quarters
|
|
1265
Prudential
PUK
$29.4B
| $8.33M | 0.01% |
240,532
+182,590
| +315% | +$6.3M |
2016 Q1
2 quarters
|
|
1266
Interparfums
IPAR
$3.59B
| $8.3M | 0.01% |
257,113
+86,913
| +51% | +$2.78M |
2014 Q3
8 quarters
|
|
1267
Ericsson
ERIC
$31.1B
| $8.29M | 0.01% |
1,150,400
+725,000
| +170% | +$5.26M |
2013 Q2
13 quarters
|
|
|
LDR
1268
DELISTED
Landauer Inc
LDR
| $8.29M | 0.01% |
186,300
+27,000
| +17% | +$1.19M |
2013 Q2
13 quarters
|
|
|
MMP
1269
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $8.29M | 0.01% |
+117,116
| New | +$8.35M |
2016 Q3
0 quarters
|
|
|
PERY
1270
DELISTED
Perry Ellis International Inc
PERY
| $8.29M | 0.01% |
429,700
+43,600
| +11% | +$884K |
2014 Q4
7 quarters
|
|
|
AMBR
1271
DELISTED
Amber Road Inc
AMBR
| $8.25M | 0.01% |
855,100
+250,500
| +41% | +$2.39M |
2015 Q2
5 quarters
|
|
1272
Five Below
FIVE
$11.8B
| $8.24M | 0.01% |
+204,500
| New | +$9.46M |
2016 Q3
0 quarters
|
|
1273
Autoliv
ALV
$8.04B
| $8.23M | 0.01% |
+107,079
| New | +$8.23M |
2016 Q3
0 quarters
|
|
1274
Johnson Outdoors
JOUT
$448M
| $8.22M | 0.01% |
226,100
-16,300
| -7% | -$505K |
2013 Q2
13 quarters
|
|
1275
Clearfield
CLFD
$462M
| $8.2M | 0.01% |
436,199
+36,100
| +9% | +$667K |
2013 Q2
13 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.