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 | |
|---|---|---|---|---|---|---|---|
1601
Clear Channel Outdoor Holdings
CCO
$1.24B
| $5.03M | 0.01% |
861,500
+117,800
| +16% | +$774K |
2014 Q3
8 quarters
|
|
1602
Stantec
STN
$7.52B
| $5.02M | 0.01% |
213,600
+36,900
| +21% | +$886K |
2013 Q2
13 quarters
|
|
|
DNR
1603
DELISTED
Denbury Resources, Inc.
DNR
| $5.01M | 0.01% |
+1,551,703
| New | +$4.75M |
2016 Q3
0 quarters
|
|
1604
Cadence Design Systems
CDNS
$97.2B
| $5.01M | 0.01% |
196,100
-719,900
| -79% | -$18M |
2014 Q4
7 quarters
|
|
1605
Rocky Mountain Chocolate Factory
RMCF
$9.82M
| $5M | 0.01% |
477,185
+25,275
| +6% | +$262K |
2013 Q2
13 quarters
|
|
1606
UNIFI
UFI
$113M
| $4.99M | 0.01% |
169,534
+32,200
| +23% | +$877K |
2013 Q2
13 quarters
|
|
1607
Simpson Manufacturing
SSD
$7.01B
| $4.99M | 0.01% |
113,500
-191,500
| -63% | -$8.16M |
2014 Q1
10 quarters
|
|
1608
DELISTED
Alliance Healthcare Services
AIQ
| $4.99M | 0.01% |
727,003
+54,943
| +8% | +$342K |
2013 Q2
13 quarters
|
|
1609
StealthGas
GASS
$341M
| $4.98M | 0.01% |
1,435,200
+50,200
| +4% | +$174K |
2013 Q2
13 quarters
|
|
|
ALR
1610
DELISTED
AlerisLife Inc
ALR
| $4.94M | 0.01% |
258,415
+15,895
| +7% | +$340K |
2013 Q2
13 quarters
|
|
1611
Natural Alternatives International
NAII
$7.14M
| $4.92M | 0.01% |
374,500
+25,600
| +7% | +$276K |
2013 Q2
13 quarters
|
|
|
MNDT
1612
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $4.92M | 0.01% |
333,800
-926,400
| -74% | -$14.2M |
2015 Q1
6 quarters
|
|
|
HAR
1613
DELISTED
Harman International Industries
HAR
| $4.92M | 0.01% |
+58,200
| New | +$4.78M |
2016 Q3
0 quarters
|
|
1614
Ceragon Networks
CRNT
$197M
| $4.91M | 0.01% |
2,080,480
+754,511
| +57% | +$1.73M |
2014 Q4
7 quarters
|
|
|
EXFO
1615
DELISTED
EXFO INC.
EXFO
| $4.9M | 0.01% |
1,316,912
+34,212
| +3% | +$117K |
2013 Q2
13 quarters
|
|
1616
Douglas Dynamics
PLOW
$904M
| $4.89M | 0.01% |
153,103
-75,897
| -33% | -$2.27M |
2015 Q2
5 quarters
|
|
1617
Alarm.com
ALRM
$2.73B
| $4.89M | 0.01% |
169,400
-47,600
| -22% | -$1.33M |
2015 Q4
3 quarters
|
|
1618
First Community Bankshares
FCBC
$895M
| $4.89M | 0.01% |
197,000
-3,900
| -2% | -$91.7K |
2013 Q2
13 quarters
|
|
1619
DELISTED
SpartanNash
SPTN
| $4.87M | 0.01% |
168,466
-37,534
| -18% | -$1.16M |
2014 Q2
9 quarters
|
|
1620
DELISTED
Triumph Group
TGI
| $4.86M | 0.01% |
+174,300
| New | +$5.63M |
2016 Q3
0 quarters
|
|
1621
DELISTED
The Shyft Group
SHYF
| $4.84M | 0.01% |
505,248
+37,033
| +8% | +$322K |
2014 Q2
9 quarters
|
|
1622
Phoenix New Media
FENG
$16.8M
| $4.84M | 0.01% |
206,750
+40,933
| +25% | +$913K |
2013 Q2
13 quarters
|
|
1623
Madison Square Garden
MSGS
$9.69B
| $4.83M | 0.01% |
39,957
-61,828
| -61% | -$7.86M |
2013 Q2
13 quarters
|
|
|
NAME
1624
DELISTED
Rightside Group, Ltd.
NAME
| $4.82M | 0.01% |
529,805
+107,500
| +25% | +$1.13M |
2014 Q3
8 quarters
|
|
1625
City Holding Co
CHCO
$1.97B
| $4.78M | 0.01% |
95,100
-7,827
| -8% | -$379K |
2014 Q1
10 quarters
|
|
Similar funds
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.