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 | |
|---|---|---|---|---|---|---|---|
126
Brixmor Property Group
BRX
$8.31B
| $87.4M | 0.15% |
3,143,600
+578,800
| +23% | +$16.1M |
2014 Q4
7 quarters
|
|
|
LOGM
127
DELISTED
LogMein, Inc.
LOGM
| $87.3M | 0.15% |
965,600
+145,800
| +18% | +$11.7M |
2013 Q4
11 quarters
|
|
128
Empire State Realty Trust
ESRT
$784M
| $87.1M | 0.15% |
4,155,700
+1,219,700
| +42% | +$25.2M |
2014 Q4
7 quarters
|
|
129
DaVita
DVA
$11.4B
| $86.8M | 0.15% |
1,313,500
-63,300
| -5% | -$4.46M |
2013 Q2
13 quarters
|
|
|
SOHU
130
Sohu.com
SOHU
$326M
| $86.7M | 0.15% |
1,959,117
+305,417
| +18% | +$12.3M |
2014 Q2
9 quarters
|
|
131
Capitol Federal Financial
CFFN
$1.05B
| $86.6M | 0.15% |
6,152,958
+600
| +0% | +$8.48K |
2013 Q2
13 quarters
|
|
132
Arch Capital
ACGL
$32.8B
| $86.5M | 0.15% |
3,275,400
+582,000
| +22% | +$14.8M |
2014 Q2
9 quarters
|
|
133
Amazon
AMZN
$2.75T
| $85.9M | 0.15% |
2,051,100
-2,710,000
| -57% | -$104M |
2016 Q1
2 quarters
|
|
|
LSI
134
DELISTED
Life Storage, Inc.
LSI
| $85.2M | 0.15% |
1,436,850
-457,950
| -24% | -$29.3M |
2013 Q2
13 quarters
|
|
|
ABMD
135
DELISTED
Abiomed Inc
ABMD
| $84.9M | 0.15% |
660,223
+38,500
| +6% | +$4.61M |
2015 Q1
6 quarters
|
|
|
136
CVS Health
CVS
$113B
| $83.7M | 0.15% |
940,005
-2,902,100
| -76% | -$274M |
2016 Q1
2 quarters
|
|
137
Chunghwa Telecom
CHT
$35.8B
| $82.6M | 0.15% |
2,358,884
+113,100
| +5% | +$4.1M |
2013 Q2
13 quarters
|
|
138
Northrop Grumman
NOC
$68.8B
| $82.3M | 0.15% |
384,700
+246,900
| +179% | +$53.5M |
2016 Q1
2 quarters
|
|
139
Autodesk
ADSK
$48.5B
| $82M | 0.14% |
1,133,168
+651,800
| +135% | +$41.1M |
2016 Q2
1 quarter
|
|
140
Merck
MRK
$349B
| $81.3M | 0.14% |
1,365,963
-1,701,045
| -55% | -$99.5M |
2013 Q3
12 quarters
|
|
141
Southern Company
SO
$98.6B
| $81.3M | 0.14% |
1,585,300
+590,000
| +59% | +$31.1M |
2014 Q3
8 quarters
|
|
|
TSE
142
DELISTED
Trinseo
TSE
| $80.5M | 0.14% |
1,423,800
+162,500
| +13% | +$8.61M |
2015 Q2
5 quarters
|
|
143
Equity Lifestyle Properties
ELS
$11.4B
| $80.4M | 0.14% |
2,083,600
-51,000
| -2% | -$2.02M |
2014 Q2
9 quarters
|
|
|
MON
144
DELISTED
Monsanto Co
MON
| $80.3M | 0.14% |
785,400
+258,800
| +49% | +$27.2M |
2016 Q2
1 quarter
|
|
|
UNIT
145
Uniti Group
UNIT
$1.79B
| $79.8M | 0.14% |
2,542,000
+835,514
| +49% | +$25.6M |
2015 Q4
3 quarters
|
|
146
American Tower
AMT
$77.5B
| $79.8M | 0.14% |
703,900
+109,461
| +18% | +$12.5M |
2014 Q3
8 quarters
|
|
147
Conagra Brands
CAG
$6.44B
| $79.7M | 0.14% |
2,174,606
+348,749
| +19% | +$12.5M |
2015 Q3
4 quarters
|
|
|
ESV
148
DELISTED
Ensco Rowan plc
ESV
| $79.4M | 0.14% |
2,334,381
+509,869
| +28% | +$17.3M |
2016 Q1
2 quarters
|
|
149
Progressive
PGR
$127B
| $79.2M | 0.14% |
2,514,000
+992,200
| +65% | +$32.3M |
2015 Q4
3 quarters
|
|
150
Live Nation Entertainment
LYV
$39.9B
| $78.6M | 0.14% |
2,858,866
-127,100
| -4% | -$3.32M |
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.