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 | |
|---|---|---|---|---|---|---|---|
|
SSNI
1751
DELISTED
Silver Spring Networks, Inc.
SSNI
| $3.99M | 0.01% |
281,200
-32,500
| -10% | -$429K |
2014 Q4
7 quarters
|
|
|
KCG
1752
DELISTED
KCG Holdings, Inc.
KCG
| $3.98M | 0.01% |
256,200
+198,400
| +343% | +$2.88M |
2016 Q1
2 quarters
|
|
|
BNCN
1753
DELISTED
BNC Bancorp
BNCN
| $3.96M | 0.01% |
162,892
-182,859
| -53% | -$4.4M |
2013 Q4
11 quarters
|
|
1754
Intrepid Potash
IPI
$437M
| $3.96M | 0.01% |
350,050
+82,560
| +31% | +$1.08M |
2015 Q3
4 quarters
|
|
1755
Companhia Siderúrgica Nacional
SID
$1.7B
| $3.95M | 0.01% |
1,429,900
+138,400
| +11% | +$409K |
2016 Q2
1 quarter
|
|
1756
West Bancorporation
WTBA
$484M
| $3.93M | 0.01% |
200,483
+5,993
| +3% | +$115K |
2013 Q2
13 quarters
|
|
1757
First Horizon
FHN
$10.9B
| $3.93M | 0.01% |
257,881
+27,881
| +12% | +$413K |
2016 Q1
2 quarters
|
|
1758
QuinStreet
QNST
$900M
| $3.93M | 0.01% |
1,299,900
+98,900
| +8% | +$333K |
2013 Q3
12 quarters
|
|
1759
DELISTED
China Telecom Corporation, LTD
CHA
| $3.92M | 0.01% |
76,900
+17,200
| +29% | +$860K |
2014 Q3
8 quarters
|
|
|
GPL
1760
DELISTED
Great Panther Mining Limited
GPL
| $3.92M | 0.01% |
290,580
-49,360
| -15% | -$689K |
2013 Q2
13 quarters
|
|
1761
Terex
TEX
$5.79B
| $3.91M | 0.01% |
154,000
-243,500
| -61% | -$5.68M |
2016 Q1
2 quarters
|
|
|
CDI
1762
DELISTED
CDI Corp.
CDI
| $3.9M | 0.01% |
687,300
+58,000
| +9% | +$340K |
2014 Q4
7 quarters
|
|
1763
SiriusPoint
SPNT
$2.9B
| $3.89M | 0.01% |
+324,500
| New | +$4.04M |
2016 Q3
0 quarters
|
|
1764
RCI Hospitality Holdings
RICK
$199M
| $3.89M | 0.01% |
337,200
+143,900
| +74% | +$1.56M |
2013 Q2
13 quarters
|
|
1765
Constellium
CSTM
$3.5B
| $3.89M | 0.01% |
539,900
+41,700
| +8% | +$250K |
2015 Q4
3 quarters
|
|
1766
Bar Harbor Bankshares
BHB
$634M
| $3.88M | 0.01% |
158,550
+11,401
| +8% | +$276K |
2013 Q2
13 quarters
|
|
1767
Codexis
CDXS
$154M
| $3.87M | 0.01% |
872,200
+33,400
| +4% | +$140K |
2013 Q2
13 quarters
|
|
1768
Urban One Class D
UONEK
$18.1M
| $3.86M | 0.01% |
127,280
+10,230
| +9% | +$330K |
2013 Q2
13 quarters
|
|
1769
Super Micro Computer
SMCI
$27.5B
| $3.86M | 0.01% |
1,650,000
+1,107,000
| +204% | +$2.46M |
2016 Q2
1 quarter
|
|
1770
Nexstar Media Group
NXST
$4.97B
| $3.85M | 0.01% |
66,700
+44,400
| +199% | +$2.34M |
2015 Q3
4 quarters
|
|
1771
Petrobras
PBR
$163B
| $3.84M | 0.01% |
411,500
-7,822,200
| -95% | -$68.6M |
2016 Q2
1 quarter
|
|
1772
Century Casinos
CNTY
$24.1M
| $3.84M | 0.01% |
555,400
+6,900
| +1% | +$44.4K |
2013 Q2
13 quarters
|
|
1773
CNB Financial Corp
CCNE
$986M
| $3.84M | 0.01% |
181,327
+9,052
| +5% | +$176K |
2015 Q1
6 quarters
|
|
|
MFSF
1774
DELISTED
MutualFirst Financial Inc
MFSF
| $3.83M | 0.01% |
138,200
+1,300
| +0.9% | +$36.3K |
2013 Q2
13 quarters
|
|
1775
Orion Group Holdings
ORN
$371M
| $3.82M | 0.01% |
558,100
+11,800
| +2% | +$70.5K |
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.