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 | |
|---|---|---|---|---|---|---|---|
|
OMN
1276
DELISTED
OMNOVA Solutions Inc.
OMN
| $8.2M | 0.01% |
971,675
+333,400
| +52% | +$3.1M |
2013 Q2
13 quarters
|
|
1277
La-Z-Boy
LZB
$1.17B
| $8.2M | 0.01% |
333,800
+215,700
| +183% | +$6.07M |
2014 Q2
9 quarters
|
|
1278
Western New England Bancorp
WNEB
$271M
| $8.19M | 0.01% |
1,069,927
+82,000
| +8% | +$630K |
2013 Q2
13 quarters
|
|
|
AM
1279
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $8.18M | 0.01% |
306,285
-117,000
| -28% | -$3.1M |
2015 Q3
4 quarters
|
|
1280
Bank of Hawaii
BOH
$2.64B
| $8.18M | 0.01% |
112,600
+29,300
| +35% | +$2.05M |
2014 Q4
7 quarters
|
|
1281
YPF Sociedad Anonima ADS
YPF
$19.6B
| $8.17M | 0.01% |
448,200
+363,000
| +426% | +$6.56M |
2015 Q3
4 quarters
|
|
1282
Seacoast Banking Corp of Florida
SBCF
$3.07B
| $8.16M | 0.01% |
507,200
+50,300
| +11% | +$825K |
2013 Q2
13 quarters
|
|
|
ALE
1283
DELISTED
Allete
ALE
| $8.13M | 0.01% |
136,399
+71,300
| +110% | +$4.4M |
2016 Q1
2 quarters
|
|
1284
Applied Industrial Technologies
AIT
$12.3B
| $8.13M | 0.01% |
173,900
+52,500
| +43% | +$2.45M |
2014 Q2
9 quarters
|
|
1285
Zurn Elkay Water Solutions
ZWS
$7.72B
| $8.13M | 0.01% |
788,035
+454,214
| +136% | +$4.6M |
2015 Q1
6 quarters
|
|
|
FFNW
1286
DELISTED
First Financial Northwest, Inc
FFNW
| $8.12M | 0.01% |
573,099
+61,599
| +12% | +$844K |
2013 Q2
13 quarters
|
|
1287
First Commonwealth Financial
FCF
$2.01B
| $8.08M | 0.01% |
801,200
+105,000
| +15% | +$1.03M |
2014 Q4
7 quarters
|
|
|
FCH
1288
DELISTED
Felcor Lodging Trust
FCH
| $8.08M | 0.01% |
1,257,300
+162,300
| +15% | +$1.06M |
2013 Q3
12 quarters
|
|
1289
Utah Medical Products
UTMD
$237M
| $8.07M | 0.01% |
135,000
+4,500
| +3% | +$286K |
2013 Q2
13 quarters
|
|
1290
Snap-on
SNA
$18.6B
| $8.07M | 0.01% |
53,100
-2,200
| -4% | -$340K |
2016 Q1
2 quarters
|
|
1291
Insteel Industries
IIIN
$571M
| $8.04M | 0.01% |
221,800
+6,600
| +3% | +$222K |
2014 Q4
7 quarters
|
|
|
AVG
1292
DELISTED
AVG Technologies N.V.
AVG
| $8.03M | 0.01% |
321,000
-51,100
| -14% | -$1.25M |
2015 Q2
5 quarters
|
|
1293
OneSpan
OSPN
$671M
| $8.03M | 0.01% |
455,700
+48,600
| +12% | +$855K |
2016 Q1
2 quarters
|
|
1294
Synaptics
SYNA
$4.76B
| $8.02M | 0.01% |
136,900
+86,900
| +174% | +$4.78M |
2016 Q2
1 quarter
|
|
1295
Vipshop
VIPS
$6.13B
| $8.02M | 0.01% |
+546,400
| New | +$7.68M |
2016 Q3
0 quarters
|
|
1296
Imperial Oil
IMO
$59.5B
| $8.02M | 0.01% |
256,090
+17,900
| +8% | +$555K |
2014 Q3
8 quarters
|
|
1297
Moody's
MCO
$80.4B
| $8.01M | 0.01% |
74,000
+34,400
| +87% | +$3.62M |
2016 Q2
1 quarter
|
|
|
CONE
1298
DELISTED
CyrusOne Inc Common Stock
CONE
| $8.01M | 0.01% |
168,386
-177,200
| -51% | -$9.16M |
2016 Q1
2 quarters
|
|
1299
Lumentum
LITE
$99.9B
| $8.01M | 0.01% |
191,700
+101,300
| +112% | +$3.33M |
2016 Q2
1 quarter
|
|
|
FARO
1300
DELISTED
Faro Technologies
FARO
| $7.99M | 0.01% |
222,242
+146,100
| +192% | +$4.96M |
2015 Q4
3 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.