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 | |
|---|---|---|---|---|---|---|---|
1501
DELISTED
Macatawa Bank Corp
MCBC
| $5.83M | 0.01% |
729,000
-24,800
| -3% | -$192K |
2013 Q2
13 quarters
|
|
1502
Federal Agricultural Mortgage
AGM
$2.21B
| $5.82M | 0.01% |
147,400
+48,700
| +49% | +$1.91M |
2016 Q1
2 quarters
|
|
1503
First American
FAF
$6.25B
| $5.82M | 0.01% |
148,100
+112,800
| +320% | +$4.68M |
2016 Q1
2 quarters
|
|
1504
Albemarle
ALB
$12B
| $5.8M | 0.01% |
+67,908
| New | +$5.59M |
2016 Q3
0 quarters
|
|
1505
Black Stone Minerals
BSM
$3.15B
| $5.8M | 0.01% |
325,700
+107,600
| +49% | +$1.76M |
2016 Q1
2 quarters
|
|
1506
NVE Corp
NVEC
$551M
| $5.78M | 0.01% |
98,100
+16,200
| +20% | +$941K |
2013 Q2
13 quarters
|
|
1507
Saga Communications
SGA
$53.2M
| $5.77M | 0.01% |
127,300
+500
| +0.4% | +$20.6K |
2013 Q2
13 quarters
|
|
|
XTLY
1508
DELISTED
Xactly Corporation
XTLY
| $5.77M | 0.01% |
392,100
-46,800
| -11% | -$627K |
2016 Q2
1 quarter
|
|
|
EMCI
1509
DELISTED
EMC INS Group Inc
EMCI
| $5.76M | 0.01% |
213,750
+1,900
| +0.9% | +$52.8K |
2013 Q2
13 quarters
|
|
1510
DELISTED
M.D.C. Holdings, Inc.
MDC
| $5.75M | 0.01% |
309,710
+93,885
| +44% | +$1.74M |
2016 Q1
2 quarters
|
|
1511
Planet Fitness
PLNT
$3.62B
| $5.75M | 0.01% |
286,500
+181,300
| +172% | +$3.73M |
2016 Q2
1 quarter
|
|
1512
Park National Corp
PRK
$3.19B
| $5.75M | 0.01% |
59,900
+1,800
| +3% | +$168K |
2014 Q1
10 quarters
|
|
|
STRZA
1513
DELISTED
Starz - Series A
STRZA
| $5.74M | 0.01% |
184,100
-311,400
| -63% | -$9.6M |
2015 Q4
3 quarters
|
|
1514
Dine Brands
DIN
$372M
| $5.74M | 0.01% |
72,500
-4,300
| -6% | -$341K |
2013 Q2
13 quarters
|
|
|
AMRI
1515
DELISTED
Albany Molecular Research Inc
AMRI
| $5.73M | 0.01% |
347,242
+229,300
| +194% | +$3.4M |
2013 Q2
13 quarters
|
|
|
UFS
1516
DELISTED
DOMTAR CORPORATION (New)
UFS
| $5.7M | 0.01% |
153,442
+144,442
| +1,605% | +$5.32M |
2015 Q4
3 quarters
|
|
1517
LCI Industries
LCII
$1.9B
| $5.68M | 0.01% |
58,000
+10,000
| +21% | +$950K |
2015 Q3
4 quarters
|
|
1518
DELISTED
Calavo Growers
CVGW
| $5.67M | 0.01% |
86,720
+44,620
| +106% | +$2.89M |
2016 Q2
1 quarter
|
|
|
SPA
1519
DELISTED
Sparton
SPA
| $5.67M | 0.01% |
215,935
+19,900
| +10% | +$457K |
2013 Q2
13 quarters
|
|
|
LGF
1520
DELISTED
Lions Gate Entertainment
LGF
| $5.66M | 0.01% |
282,900
-1,023,500
| -78% | -$21M |
2015 Q4
3 quarters
|
|
1521
DELISTED
Telefonica
TEF
| $5.65M | 0.01% |
720,993
+694,389
| +2,610% | +$5.38M |
2016 Q2
1 quarter
|
|
1522
PVH
PVH
$3.75B
| $5.64M | 0.01% |
51,070
-74,330
| -59% | -$7.68M |
2016 Q1
2 quarters
|
|
1523
Bank of New York Mellon
BNY
$96.8B
| $5.64M | 0.01% |
+141,377
| New | +$5.65M |
2016 Q3
0 quarters
|
|
|
CRCM
1524
DELISTED
CARE.COM, INC.
CRCM
| $5.63M | 0.01% |
564,900
+132,943
| +31% | +$1.43M |
2015 Q3
4 quarters
|
|
1525
DELISTED
Gannett Co., Inc
GCI
| $5.61M | 0.01% |
481,896
-24,304
| -5% | -$303K |
2016 Q1
2 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.