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 | |
|---|---|---|---|---|---|---|---|
1301
TriNet
TNET
$3B
| $7.97M | 0.01% |
368,600
+238,500
| +183% | +$5.08M |
2016 Q1
2 quarters
|
|
1302
Goldman Sachs
GS
$261B
| $7.93M | 0.01% |
49,200
+43,200
| +720% | +$7.02M |
2016 Q1
2 quarters
|
|
|
DATA
1303
DELISTED
Tableau Software, Inc.
DATA
| $7.93M | 0.01% |
143,500
+1,700
| +1% | +$93.6K |
2015 Q1
6 quarters
|
|
1304
John B. Sanfilippo & Son
JBSS
$783M
| $7.93M | 0.01% |
154,500
-274,500
| -64% | -$13.2M |
2013 Q2
13 quarters
|
|
1305
BGC Group
BGC
$5.35B
| $7.93M | 0.01% |
1,408,749
-98,743
| -7% | -$564K |
2014 Q3
8 quarters
|
|
1306
US Bancorp
USB
$88.9B
| $7.93M | 0.01% |
184,800
-1,939,800
| -91% | -$82.4M |
2016 Q1
2 quarters
|
|
1307
Consolidated Edison
ED
$39.2B
| $7.92M | 0.01% |
+105,200
| New | +$8.17M |
2016 Q3
0 quarters
|
|
|
GCP
1308
DELISTED
GCP Applied Technologies Inc.
GCP
| $7.91M | 0.01% |
279,400
+116,000
| +71% | +$3.22M |
2016 Q2
1 quarter
|
|
|
ESGR
1309
DELISTED
Enstar Group
ESGR
| $7.91M | 0.01% |
48,100
-25,600
| -35% | -$4.21M |
2014 Q3
8 quarters
|
|
|
SASR
1310
DELISTED
Sandy Spring Bancorp Inc
SASR
| $7.9M | 0.01% |
258,400
+10,100
| +4% | +$306K |
2013 Q2
13 quarters
|
|
|
ANSS
1311
DELISTED
Ansys
ANSS
| $7.89M | 0.01% |
+85,229
| New | +$7.94M |
2016 Q3
0 quarters
|
|
1312
CMS Energy
CMS
$20.5B
| $7.88M | 0.01% |
187,700
+64,300
| +52% | +$2.81M |
2016 Q1
2 quarters
|
|
1313
United States Lime & Minerals
USLM
$3.11B
| $7.88M | 0.01% |
597,000
+23,330
| +4% | +$295K |
2013 Q2
13 quarters
|
|
|
BRG
1314
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $7.87M | 0.01% |
605,400
+59,000
| +11% | +$785K |
2015 Q1
6 quarters
|
|
|
UCFC
1315
DELISTED
United Community Financial Corp
UCFC
| $7.84M | 0.01% |
1,103,004
+76,500
| +7% | +$510K |
2013 Q2
13 quarters
|
|
|
HCOM
1316
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $7.84M | 0.01% |
350,000
+21,100
| +6% | +$473K |
2013 Q2
13 quarters
|
|
|
HZN
1317
DELISTED
Horizon Global Corporation
HZN
| $7.83M | 0.01% |
392,900
+304,300
| +343% | +$4.69M |
2015 Q4
3 quarters
|
|
|
NXRT
1318
NexPoint Residential Trust
NXRT
$494M
| $7.82M | 0.01% |
397,800
+174,800
| +78% | +$3.49M |
2015 Q4
3 quarters
|
|
1319
First Busey Corp
BUSE
$2.39B
| $7.82M | 0.01% |
345,919
+26,100
| +8% | +$600K |
2013 Q2
13 quarters
|
|
1320
National CineMedia
NCMI
$199M
| $7.8M | 0.01% |
52,980
-12,010
| -18% | -$1.83M |
2015 Q1
6 quarters
|
|
1321
Ford
F
$48.5B
| $7.78M | 0.01% |
+644,209
| New | +$8.13M |
2016 Q3
0 quarters
|
|
|
BELFB
1322
Bel Fuse Inc Class B
BELFB
$3.53B
| $7.77M | 0.01% |
321,700
+57,600
| +22% | +$1.23M |
2013 Q2
13 quarters
|
|
|
CHMI
1323
Cherry Hill Mortgage Investment Corp
CHMI
$95.3M
| $7.76M | 0.01% |
453,470
+184,070
| +68% | +$2.96M |
2015 Q1
6 quarters
|
|
1324
PTC Therapeutics
PTCT
$5.4B
| $7.74M | 0.01% |
552,700
+450,800
| +442% | +$3.66M |
2016 Q1
2 quarters
|
|
|
COHR
1325
DELISTED
Coherent Inc
COHR
| $7.69M | 0.01% |
69,600
+7,600
| +12% | +$787K |
2015 Q2
5 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.