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 | |
|---|---|---|---|---|---|---|---|
1851
Box
BOX
$5.04B
| $3.44M | 0.01% |
+218,300
| New | +$2.76M |
2016 Q3
0 quarters
|
|
1852
Sally Beauty Holdings
SBH
$1.48B
| $3.44M | 0.01% |
133,900
-359,600
| -73% | -$10.1M |
2013 Q2
13 quarters
|
|
1853
Heritage Insurance Holdings
HRTG
$1.06B
| $3.43M | 0.01% |
237,900
-18,800
| -7% | -$247K |
2015 Q1
6 quarters
|
|
1854
Hornbeck Offshore Services, Inc.
HOS
$2.42B
| $3.42M | 0.01% |
421,200
-210,900
| -33% | -$1.6M |
2016 Q1
2 quarters
|
|
1855
Blackbaud
BLKB
$2.1B
| $3.42M | 0.01% |
51,597
-36,103
| -41% | -$2.44M |
2014 Q4
7 quarters
|
|
|
MNTA
1856
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $3.42M | 0.01% |
292,800
-71,870
| -20% | -$845K |
2014 Q1
10 quarters
|
|
1857
HCA Healthcare
HCA
$99.6B
| $3.41M | 0.01% |
45,100
-529,400
| -92% | -$40.5M |
2016 Q2
1 quarter
|
|
1858
Murphy Oil
MUR
$5.68B
| $3.41M | 0.01% |
+112,200
| New | +$3.2M |
2016 Q3
0 quarters
|
|
1859
DELISTED
American Midstream Partners, LP
AMID
| $3.41M | 0.01% |
230,900
+187,100
| +427% | +$2.39M |
2016 Q1
2 quarters
|
|
|
IXYS
1860
DELISTED
IXYS Corp
IXYS
| $3.4M | 0.01% |
282,200
-25,672
| -8% | -$293K |
2015 Q1
6 quarters
|
|
1861
Fortuna Silver Mines
FSM
$3.16B
| $3.4M | 0.01% |
469,300
-832,100
| -64% | -$6.93M |
2014 Q2
9 quarters
|
|
1862
Northern Oil and Gas
NOG
$2.69B
| $3.39M | 0.01% |
126,460
+101,641
| +410% | +$3.71M |
2016 Q1
2 quarters
|
|
|
OIIM
1863
DELISTED
02Micro International
OIIM
| $3.39M | 0.01% |
2,004,900
+2,700
| +0.1% | +$4.55K |
2013 Q2
13 quarters
|
|
1864
Grupo Aval
AVAL
$5.77B
| $3.38M | 0.01% |
383,400
+52,200
| +16% | +$429K |
2015 Q2
5 quarters
|
|
1865
Ryder
R
$9.25B
| $3.38M | 0.01% |
+51,300
| New | +$3.36M |
2016 Q3
0 quarters
|
|
1866
First Citizens BancShares
FCNCA
$23.6B
| $3.38M | 0.01% |
11,500
+1,100
| +11% | +$300K |
2015 Q4
3 quarters
|
|
1867
DELISTED
MidWestOne Financial Group
MOFG
| $3.38M | 0.01% |
111,300
+6,100
| +6% | +$180K |
2013 Q3
12 quarters
|
|
1868
Strategy Inc
MSTR
$61.4B
| $3.37M | 0.01% |
201,000
-192,000
| -49% | -$3.3M |
2013 Q2
13 quarters
|
|
1869
Koppers
KOP
$822M
| $3.36M | 0.01% |
104,400
+35,600
| +52% | +$1.12M |
2016 Q2
1 quarter
|
|
1870
Pacific Biosciences
PACB
$631M
| $3.36M | 0.01% |
374,900
-29,164
| -7% | -$244K |
2015 Q4
3 quarters
|
|
|
HNH
1871
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $3.35M | 0.01% |
159,380
+7,000
| +5% | +$172K |
2013 Q2
13 quarters
|
|
1872
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $3.35M | 0.01% |
139,900
-3,400
| -2% | -$87.7K |
2016 Q2
1 quarter
|
|
|
FDC
1873
DELISTED
First Data Corporation
FDC
| $3.35M | 0.01% |
+254,200
| New | +$3.28M |
2016 Q3
0 quarters
|
|
1874
UFP Industries
UFPI
$4.17B
| $3.34M | 0.01% |
101,709
+67,500
| +197% | +$2.34M |
2015 Q3
4 quarters
|
|
|
PRCP
1875
DELISTED
Perceptron Inc
PRCP
| $3.33M | 0.01% |
496,200
-3,000
| -0.6% | -$17.6K |
2013 Q2
13 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.