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 | |
|---|---|---|---|---|---|---|---|
|
MIME
1526
DELISTED
Mimecast Limited
MIME
| $5.59M | 0.01% |
+292,300
| New | +$4.05M |
2016 Q3
0 quarters
|
|
1527
Generac Holdings
GNRC
$13.3B
| $5.57M | 0.01% |
153,500
-57,900
| -27% | -$2.09M |
2016 Q1
2 quarters
|
|
|
CBB
1528
DELISTED
Cincinnati Bell Inc.
CBB
| $5.57M | 0.01% |
273,144
+8,784
| +3% | +$196K |
2015 Q1
6 quarters
|
|
1529
Pitney Bowes
PBI
$2.3B
| $5.57M | 0.01% |
306,800
-118,000
| -28% | -$2.17M |
2016 Q1
2 quarters
|
|
1530
Nature's Sunshine
NATR
$222M
| $5.57M | 0.01% |
348,100
+5,311
| +2% | +$69.3K |
2013 Q2
13 quarters
|
|
1531
Liberty Latin America Class A
LILA
$1.59B
| $5.57M | 0.01% |
315,170
-112,075
| -26% | -$2.21M |
2015 Q4
3 quarters
|
|
1532
Douglas Emmett
DEI
$1.64B
| $5.56M | 0.01% |
151,800
-27,000
| -15% | -$999K |
2014 Q3
8 quarters
|
|
1533
Horizon Bancorp
HBNC
$989M
| $5.56M | 0.01% |
425,520
+69,671
| +20% | +$854K |
2013 Q2
13 quarters
|
|
1534
Upbound Group
UPBD
$898M
| $5.53M | 0.01% |
437,510
+150,694
| +53% | +$1.88M |
2015 Q2
5 quarters
|
|
1535
Alexandria Real Estate Equities
ARE
$7.83B
| $5.53M | 0.01% |
50,800
-55,700
| -52% | -$6.07M |
2014 Q4
7 quarters
|
|
1536
El Pollo Loco
LOCO
$463M
| $5.51M | 0.01% |
438,000
-19,800
| -4% | -$266K |
2016 Q1
2 quarters
|
|
|
RNET
1537
DELISTED
RigNet, Inc.
RNET
| $5.51M | 0.01% |
364,200
+64,400
| +21% | +$823K |
2013 Q2
13 quarters
|
|
1538
Alpha Pro Tech
APT
$59.6M
| $5.5M | 0.01% |
1,527,922
+90,175
| +6% | +$261K |
2013 Q2
13 quarters
|
|
1539
DELISTED
RELX N.V.
RENX
| $5.48M | 0.01% |
306,679
-2,400
| -0.8% | -$42.5K |
2016 Q1
2 quarters
|
|
1540
InterContinental Hotels
IHG
$23.5B
| $5.46M | 0.01% |
119,378
-1,637
| -1% | -$74.9K |
2015 Q1
6 quarters
|
|
1541
CBIZ
CBZ
$3.01B
| $5.45M | 0.01% |
487,326
+155,600
| +47% | +$1.73M |
2013 Q2
13 quarters
|
|
|
CACB
1542
DELISTED
Cascade Bancorp
CACB
| $5.43M | 0.01% |
895,707
+129,351
| +17% | +$756K |
2014 Q1
10 quarters
|
|
1543
S&T Bancorp
STBA
$1.69B
| $5.42M | 0.01% |
187,100
-53,700
| -22% | -$1.45M |
2014 Q3
8 quarters
|
|
1544
First Financial Bankshares
FFIN
$4.41B
| $5.42M | 0.01% |
297,600
+400
| +0.1% | +$7.03K |
2015 Q4
3 quarters
|
|
|
ENOC
1545
DELISTED
EnerNOC, Inc.
ENOC
| $5.41M | 0.01% |
1,000,200
+195,300
| +24% | +$1.19M |
2015 Q3
4 quarters
|
|
1546
H.B. Fuller
FUL
$2.67B
| $5.41M | 0.01% |
116,400
-40,500
| -26% | -$1.88M |
2015 Q4
3 quarters
|
|
|
XCRA
1547
DELISTED
Xcerra Corporation
XCRA
| $5.41M | 0.01% |
892,500
+60,500
| +7% | +$356K |
2015 Q1
6 quarters
|
|
|
BKI
1548
DELISTED
Black Knight, Inc. Common Stock
BKI
| $5.39M | 0.01% |
131,900
-50,100
| -28% | -$1.96M |
2015 Q3
4 quarters
|
|
1549
Celestica
CLS
$45.7B
| $5.39M | 0.01% |
498,188
-259,200
| -34% | -$2.73M |
2015 Q3
4 quarters
|
|
1550
QCR Holdings
QCRH
$1.59B
| $5.39M | 0.01% |
169,900
+57,500
| +51% | +$1.72M |
2014 Q1
10 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.