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 CORPORATION
EMC
|
+$228M |
| 3 |
GAS
AGL Resources Inc
GAS
|
+$216M |
| 4 |
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 | |
|---|---|---|---|---|---|---|---|
1476
Aegon
AEG
$12.2B
| $6.11M | 0.01% |
+2,057,472
| New | +$6.14M |
2016 Q3
0 quarters
|
|
1477
Cohu
COHU
$3.23B
| $6.11M | 0.01% |
520,054
+47,869
| +10% | +$529K |
2014 Q3
8 quarters
|
|
1478
DELISTED
ODP
ODP
| $6.09M | 0.01% |
170,710
-190,804
| -53% | -$6.76M |
2014 Q2
9 quarters
|
|
|
VEDL
1479
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $6.08M | 0.01% |
586,360
+244,660
| +72% | +$2.41M |
2015 Q3
4 quarters
|
|
1480
Crawford & Co Class B
CRD.B
$572M
| $6.07M | 0.01% |
534,900
+162,900
| +44% | +$1.79M |
2013 Q2
13 quarters
|
|
|
CLMS
1481
DELISTED
Calamos Asset Management, Inc.
CLMS
| $6.07M | 0.01% |
889,500
+90,000
| +11% | +$634K |
2013 Q2
13 quarters
|
|
1482
Peapack-Gladstone Financial
PGC
$769M
| $6.07M | 0.01% |
270,620
+800
| +0.3% | +$16.3K |
2013 Q2
13 quarters
|
|
|
LBY
1483
DELISTED
Libbey, Inc.
LBY
| $6.06M | 0.01% |
339,700
+24,800
| +8% | +$433K |
2013 Q2
13 quarters
|
|
1484
Brookdale Senior Living
BKD
$2.42B
| $6.05M | 0.01% |
+346,918
| New | +$5.98M |
2016 Q3
0 quarters
|
|
|
UNVR
1485
DELISTED
Univar Solutions Inc.
UNVR
| $6.05M | 0.01% |
276,900
+249,100
| +896% | +$4.89M |
2016 Q2
1 quarter
|
|
1486
Avis
CAR
$3.74B
| $6.02M | 0.01% |
176,000
+42,600
| +32% | +$1.54M |
2016 Q2
1 quarter
|
|
1487
Richardson Electronics
RELL
$309M
| $6M | 0.01% |
885,532
+36,139
| +4% | +$229K |
2013 Q2
13 quarters
|
|
1488
DELISTED
Air Lease Corp
AL
| $5.99M | 0.01% |
209,500
+108,100
| +107% | +$3.06M |
2016 Q2
1 quarter
|
|
|
PFSW
1489
DELISTED
PFSweb, Inc.
PFSW
| $5.97M | 0.01% |
668,540
-33,799
| -5% | -$328K |
2013 Q2
13 quarters
|
|
1490
EQT Corp
EQT
$33B
| $5.96M | 0.01% |
150,634
-649,196
| -81% | -$25.7M |
2014 Q4
7 quarters
|
|
1491
Incyte
INCY
$22.9B
| $5.93M | 0.01% |
62,900
-101,667
| -62% | -$8.57M |
2016 Q1
2 quarters
|
|
|
LOCK
1492
DELISTED
LifeLock, Inc.
LOCK
| $5.92M | 0.01% |
350,200
-632,700
| -64% | -$10.4M |
2015 Q4
3 quarters
|
|
|
APEX
1493
DELISTED
Apex Global Brands Inc. Common Stock
APEX
| $5.91M | 0.01% |
19,126
+383
| +2% | +$126K |
2013 Q2
13 quarters
|
|
1494
Moelis & Co
MC
$4.23B
| $5.9M | 0.01% |
219,553
-61,147
| -22% | -$1.57M |
2014 Q4
7 quarters
|
|
1495
Forward Air
FWRD
$528M
| $5.87M | 0.01% |
135,773
+67,934
| +100% | +$3.09M |
2016 Q1
2 quarters
|
|
1496
Independence Realty Trust
IRT
$3.48B
| $5.87M | 0.01% |
652,095
+200,948
| +45% | +$1.87M |
2016 Q1
2 quarters
|
|
1497
Universal Corp
UVV
$1.05B
| $5.86M | 0.01% |
100,600
+94,000
| +1,424% | +$5.55M |
2016 Q2
1 quarter
|
|
1498
DELISTED
Randgold Resources Ltd
GOLD
| $5.85M | 0.01% |
58,500
+6,700
| +13% | +$726K |
2016 Q1
2 quarters
|
|
1499
Travelzoo
TZOO
$53.3M
| $5.84M | 0.01% |
455,100
+85,400
| +23% | +$953K |
2013 Q2
13 quarters
|
|
1500
DELISTED
Instructure, Inc.
INST
| $5.83M | 0.01% |
229,900
+174,579
| +316% | +$4.02M |
2016 Q2
1 quarter
|
|
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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.