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 | |
|---|---|---|---|---|---|---|---|
1826
Virtu Financial
VIRT
$5.08B
| $3.56M | 0.01% |
237,900
-83,100
| -26% | -$1.4M |
2015 Q4
3 quarters
|
|
|
RESI
1827
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $3.56M | 0.01% |
326,600
+148,500
| +83% | +$1.5M |
2015 Q1
6 quarters
|
|
|
FNFV
1828
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $3.55M | 0.01% |
284,500
+63,300
| +29% | +$779K |
2015 Q1
6 quarters
|
|
1829
Magnite
MGNI
$3.64B
| $3.54M | 0.01% |
427,900
+149,800
| +54% | +$1.59M |
2015 Q1
6 quarters
|
|
1830
Tower Semiconductor
TSEM
$25.9B
| $3.54M | 0.01% |
233,300
+130,714
| +127% | +$1.89M |
2016 Q1
2 quarters
|
|
1831
DELISTED
Olympic Steel
ZEUS
| $3.53M | 0.01% |
159,900
+79,600
| +99% | +$1.9M |
2016 Q2
1 quarter
|
|
|
CLCD
1832
DELISTED
CoLucid Pharmaceuticals, Inc.
CLCD
| $3.53M | 0.01% |
+92,600
| New | +$1.37M |
2016 Q3
0 quarters
|
|
1833
Federal Signal
FSS
$6.93B
| $3.53M | 0.01% |
266,300
+57,300
| +27% | +$753K |
2013 Q3
12 quarters
|
|
1834
Mannatech
MTEX
$15.2M
| $3.53M | 0.01% |
196,360
+12,900
| +7% | +$232K |
2013 Q2
13 quarters
|
|
1835
Silicom
SILC
$339M
| $3.52M | 0.01% |
+84,900
| New | +$3.16M |
2016 Q3
0 quarters
|
|
|
WBT
1836
DELISTED
Welbilt, Inc.
WBT
| $3.51M | 0.01% |
+216,500
| New | +$3.7M |
2016 Q3
0 quarters
|
|
|
CYNA
1837
DELISTED
CYNAPSUS THERAPEUTICS INC COM PAR NO PAR (CANADA)
CYNA
| $3.51M | 0.01% |
+87,300
| New | +$2.16M |
2016 Q3
0 quarters
|
|
1838
C&F Financial
CFFI
$330M
| $3.51M | 0.01% |
81,500
+4,100
| +5% | +$180K |
2013 Q2
13 quarters
|
|
1839
Nu Skin
NUS
$231M
| $3.5M | 0.01% |
+54,100
| New | +$3.04M |
2016 Q3
0 quarters
|
|
|
POLY
1840
DELISTED
Plantronics, Inc.
POLY
| $3.48M | 0.01% |
67,000
-25,100
| -27% | -$1.23M |
2015 Q4
3 quarters
|
|
1841
CF Industries
CF
$16.9B
| $3.48M | 0.01% |
+142,850
| New | +$3.49M |
2016 Q3
0 quarters
|
|
1842
VSE Corp
VSEC
$4.87B
| $3.48M | 0.01% |
102,300
-8,300
| -8% | -$283K |
2013 Q2
13 quarters
|
|
|
HMTV
1843
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $3.48M | 0.01% |
272,600
-6,218
| -2% | -$77.8K |
2014 Q4
7 quarters
|
|
1844
First Bancorp
FNLC
$372M
| $3.46M | 0.01% |
144,200
+10,500
| +8% | +$234K |
2013 Q2
13 quarters
|
|
1845
MaxLinear
MXL
$8.72B
| $3.45M | 0.01% |
170,351
-1,043,036
| -86% | -$20.5M |
2013 Q2
13 quarters
|
|
|
TRTN
1846
DELISTED
Triton International Limited
TRTN
| $3.45M | 0.01% |
+261,800
| New | +$3.96M |
2016 Q3
0 quarters
|
|
|
CEQP
1847
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.45M | 0.01% |
162,282
-66,300
| -29% | -$1.38M |
2016 Q2
1 quarter
|
|
1848
Cable One
CABO
$63.2M
| $3.45M | 0.01% |
5,900
-7,904
| -57% | -$4.27M |
2015 Q4
3 quarters
|
|
1849
1st Source
SRCE
$2.02B
| $3.45M | 0.01% |
96,540
+1,800
| +2% | +$61.7K |
2014 Q4
7 quarters
|
|
1850
Allot
ALLT
$414M
| $3.44M | 0.01% |
652,800
+86,800
| +15% | +$439K |
2015 Q1
6 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.