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 | |
|---|---|---|---|---|---|---|---|
1726
DELISTED
Adverum Biotechnologies
ADVM
| $4.13M | 0.01% |
100,440
+26,926
| +37% | +$1.02M |
2015 Q4
3 quarters
|
|
1727
Clearway Energy Class C
CWEN
$3.66B
| $4.13M | 0.01% |
243,300
+223,300
| +1,117% | +$3.83M |
2016 Q2
1 quarter
|
|
|
TRR
1728
DELISTED
Trc Companies
TRR
| $4.12M | 0.01% |
475,200
+4,300
| +0.9% | +$31.1K |
2013 Q2
13 quarters
|
|
1729
PC Connection
CNXN
$2.34B
| $4.11M | 0.01% |
155,600
+19,000
| +14% | +$485K |
2013 Q2
13 quarters
|
|
1730
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $4.1M | 0.01% |
97,557
-131,900
| -57% | -$6M |
2015 Q3
4 quarters
|
|
1731
Climb Global Solutions
CLMB
$621M
| $4.1M | 0.01% |
923,600
+16,400
| +2% | +$73.1K |
2013 Q2
13 quarters
|
|
1732
Resources Connection
RGP
$98.2M
| $4.09M | 0.01% |
273,700
-58,600
| -18% | -$874K |
2014 Q3
8 quarters
|
|
1733
DELISTED
Enviva Inc.
EVA
| $4.09M | 0.01% |
151,400
+41,100
| +37% | +$994K |
2016 Q1
2 quarters
|
|
1734
DELISTED
Hillenbrand
HI
| $4.08M | 0.01% |
129,100
+108,200
| +518% | +$3.43M |
2015 Q2
5 quarters
|
|
|
ANW
1735
DELISTED
Aegean Marine Petroleum Network
ANW
| $4.08M | 0.01% |
407,600
+288,900
| +243% | +$2.4M |
2016 Q2
1 quarter
|
|
1736
VisionSys AI
VSA
$5.42M
| $4.07M | 0.01% |
112
+64
| +133% | +$2M |
2016 Q1
2 quarters
|
|
1737
Diodes
DIOD
$4.37B
| $4.06M | 0.01% |
190,427
+30,300
| +19% | +$591K |
2014 Q4
7 quarters
|
|
1738
SLM Corp
SLM
$4.23B
| $4.04M | 0.01% |
541,100
-13,800
| -2% | -$99.2K |
2015 Q2
5 quarters
|
|
1739
DELISTED
California Resources Corporation
CRC
| $4.04M | 0.01% |
+323,114
| New | +$3.69M |
2016 Q3
0 quarters
|
|
1740
Quantum Corp
QMCO
$1.2B
| $4.02M | 0.01% |
34,157
+819
| +2% | +$80K |
2013 Q4
11 quarters
|
|
1741
Bloomin' Brands
BLMN
$736M
| $4.01M | 0.01% |
232,700
-303,200
| -57% | -$5.62M |
2015 Q2
5 quarters
|
|
1742
Tidewater
TDW
$4.25B
| $4.01M | 0.01% |
44,088
-4,661
| -10% | -$555K |
2015 Q3
4 quarters
|
|
1743
Interactive Brokers
IBKR
$39.8B
| $4.01M | 0.01% |
454,400
+142,800
| +46% | +$1.26M |
2016 Q2
1 quarter
|
|
1744
Progress Software
PRGS
$1.61B
| $4.01M | 0.01% |
147,311
-110,800
| -43% | -$3.17M |
2014 Q4
7 quarters
|
|
1745
Gladstone Land Corp
LAND
$409M
| $4M | 0.01% |
378,100
+91,500
| +32% | +$1.03M |
2013 Q4
11 quarters
|
|
|
WMC
1746
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $4M | 0.01% |
38,391
+32,321
| +532% | +$3.33M |
2016 Q1
2 quarters
|
|
|
WRI
1747
DELISTED
Weingarten Realty Investors
WRI
| $3.99M | 0.01% |
102,400
-144,000
| -58% | -$5.94M |
2015 Q1
6 quarters
|
|
|
PHIIK
1748
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $3.99M | 0.01% |
219,700
+15,000
| +7% | +$285K |
2014 Q4
7 quarters
|
|
1749
International Bancshares
IBOC
$4.22B
| $3.99M | 0.01% |
134,000
-1,300
| -1% | -$36.9K |
2015 Q3
4 quarters
|
|
1750
Graham Corp
GHM
$967M
| $3.99M | 0.01% |
208,800
+16,000
| +8% | +$302K |
2013 Q2
13 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.