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 | |
|---|---|---|---|---|---|---|---|
1551
Lincoln Electric
LECO
$14.2B
| $5.38M | 0.01% |
+85,971
| New | +$5.35M |
2016 Q3
0 quarters
|
|
1552
Southwest Gas
SWX
$6.1B
| $5.38M | 0.01% |
77,000
-36,200
| -32% | -$2.67M |
2013 Q2
13 quarters
|
|
1553
Hawkins
HWKN
$2.71B
| $5.38M | 0.01% |
248,200
+65,000
| +35% | +$1.41M |
2014 Q1
10 quarters
|
|
|
DNY
1554
DELISTED
DONNELLEY R R & SONS CO
DNY
| $5.37M | 0.01% |
341,381
-716,200
| -68% | -$11.3M |
2015 Q3
4 quarters
|
|
1555
DELISTED
Onebeacon Insurance Group Ltd
OB
| $5.36M | 0.01% |
375,600
+70,200
| +23% | +$991K |
2013 Q4
11 quarters
|
|
1556
WPP
WPP
$5.47B
| $5.36M | 0.01% |
45,529
-19,900
| -30% | -$2.27M |
2015 Q3
4 quarters
|
|
|
ENT
1557
DELISTED
Global Eagle Entertainment Inc.
ENT
| $5.36M | 0.01% |
25,792
-548
| -2% | -$112K |
2015 Q3
4 quarters
|
|
1558
Enpro
NPO
$6.59B
| $5.35M | 0.01% |
94,200
-15,700
| -14% | -$806K |
2015 Q3
4 quarters
|
|
1559
Silicon Motion
SIMO
$8.95B
| $5.33M | 0.01% |
+102,974
| New | +$5.37M |
2016 Q3
0 quarters
|
|
|
KONA
1560
DELISTED
Kona Grill, Inc.
KONA
| $5.33M | 0.01% |
424,259
-35,000
| -8% | -$437K |
2013 Q2
13 quarters
|
|
1561
American Vanguard Corp
AVD
$47.2M
| $5.33M | 0.01% |
331,952
+65,252
| +24% | +$1.06M |
2015 Q3
4 quarters
|
|
1562
Oxford Industries
OXM
$380M
| $5.31M | 0.01% |
78,500
-155,700
| -66% | -$9.75M |
2015 Q2
5 quarters
|
|
1563
Bank of Marin Bancorp
BMRC
$432M
| $5.29M | 0.01% |
212,800
-400
| -0.2% | -$9.91K |
2014 Q1
10 quarters
|
|
|
RFP
1564
DELISTED
Resolute Forest Products Inc.
RFP
| $5.29M | 0.01% |
1,118,000
+32,600
| +3% | +$178K |
2014 Q2
9 quarters
|
|
|
ZPIN
1565
DELISTED
Zhaopin Limited
ZPIN
| $5.28M | 0.01% |
352,000
+29,500
| +9% | +$442K |
2014 Q4
7 quarters
|
|
|
OMCC
1566
DELISTED
Old Market Capital Corp
OMCC
| $5.27M | 0.01% |
515,229
+9,100
| +2% | +$96K |
2013 Q2
13 quarters
|
|
|
RNWK
1567
DELISTED
RealNetworks Inc
RNWK
| $5.27M | 0.01% |
1,181,478
+58,655
| +5% | +$262K |
2013 Q2
13 quarters
|
|
1568
Trane Technologies
TT
$105B
| $5.26M | 0.01% |
77,468
-79,000
| -50% | -$5.27M |
2015 Q4
3 quarters
|
|
|
CTT
1569
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $5.25M | 0.01% |
449,040
+120,140
| +37% | +$1.42M |
2015 Q2
5 quarters
|
|
1570
Tompkins Financial
TMP
$1.38B
| $5.24M | 0.01% |
68,600
-7,500
| -10% | -$536K |
2014 Q2
9 quarters
|
|
1571
Travelers Companies
TRV
$76.9B
| $5.23M | 0.01% |
+45,672
| New | +$5.35M |
2016 Q3
0 quarters
|
|
1572
Kite Realty
KRG
$4.79B
| $5.22M | 0.01% |
188,400
+61,901
| +49% | +$1.78M |
2016 Q1
2 quarters
|
|
|
QGENF
1573
DELISTED
QIAGEN NV
QGENF
| $5.21M | 0.01% |
+190,000
| New | +$5.21M |
2016 Q3
0 quarters
|
|
1574
DELISTED
SP Plus Corporation
SP
| $5.21M | 0.01% |
203,800
+28,200
| +16% | +$700K |
2013 Q2
13 quarters
|
|
1575
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $5.21M | 0.01% |
38,533
-52,078
| -57% | -$5.17M |
2015 Q3
4 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.