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 | |
|---|---|---|---|---|---|---|---|
|
INSY
1926
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.12M | 0.01% |
264,500
+34,900
| +15% | +$530K |
2016 Q2
1 quarter
|
|
|
PCOM
1927
DELISTED
Points.com Inc. Common Shares
PCOM
| $3.12M | 0.01% |
347,900
+62,898
| +22% | +$544K |
2013 Q2
13 quarters
|
|
1928
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $3.11M | 0.01% |
235,400
+2,957
| +1% | +$39.3K |
2013 Q2
13 quarters
|
|
1929
Embotelladora Andina Series A
AKO.A
$3.77B
| $3.1M | 0.01% |
145,500
+1,500
| +1% | +$30.9K |
2013 Q2
13 quarters
|
|
|
SRT
1930
DELISTED
Startek Inc.
SRT
| $3.1M | 0.01% |
498,400
+8,315
| +2% | +$41.2K |
2013 Q2
13 quarters
|
|
|
WSTC
1931
DELISTED
West Corporation
WSTC
| $3.1M | 0.01% |
140,400
+23,800
| +20% | +$533K |
2016 Q1
2 quarters
|
|
1932
Lakeland Financial Corp
LKFN
$1.42B
| $3.1M | 0.01% |
87,400
-35,150
| -29% | -$1.21M |
2014 Q4
7 quarters
|
|
|
TGA
1933
DELISTED
Transglobe Energy Corp
TGA
| $3.1M | 0.01% |
1,570,600
+207,000
| +15% | +$379K |
2014 Q2
9 quarters
|
|
1934
Air T
AIRT
$84M
| $3.09M | 0.01% |
227,250
-1,650
| -0.7% | -$23K |
2013 Q2
13 quarters
|
|
1935
DELISTED
Light & Wonder
LNW
| $3.09M | 0.01% |
274,300
+146,900
| +115% | +$1.44M |
2016 Q1
2 quarters
|
|
1936
MasterCraft Boat Holdings
MCFT
$468M
| $3.09M | 0.01% |
271,100
+234,400
| +639% | +$2.7M |
2016 Q2
1 quarter
|
|
1937
Marchex
MCHX
$56.3M
| $3.08M | 0.01% |
1,112,001
+38,100
| +4% | +$113K |
2013 Q2
13 quarters
|
|
1938
Primoris Services
PRIM
$4.43B
| $3.07M | 0.01% |
149,000
-88,300
| -37% | -$1.67M |
2016 Q1
2 quarters
|
|
1939
Vicor
VICR
$11.8B
| $3.06M | 0.01% |
264,200
+16,300
| +7% | +$176K |
2013 Q2
13 quarters
|
|
1940
Ferrari
RACE
$68.4B
| $3.06M | 0.01% |
+58,945
| New | +$2.75M |
2016 Q3
0 quarters
|
|
1941
Park-Ohio Holdings
PKOH
$706M
| $3.05M | 0.01% |
83,700
+11,600
| +16% | +$386K |
2013 Q2
13 quarters
|
|
1942
IRIDEX
IRIX
$16.1M
| $3.05M | 0.01% |
210,500
-20,600
| -9% | -$313K |
2013 Q2
13 quarters
|
|
1943
Viasat
VSAT
$9.53B
| $3.04M | 0.01% |
+40,793
| New | +$3.02M |
2016 Q3
0 quarters
|
|
1944
First Business Financial Services
FBIZ
$591M
| $3.02M | 0.01% |
128,600
-1,700
| -1% | -$39.3K |
2014 Q1
10 quarters
|
|
|
MDP
1945
DELISTED
Meredith Corporation
MDP
| $3.02M | 0.01% |
+58,100
| New | +$3.1M |
2016 Q3
0 quarters
|
|
|
CXRX
1946
DELISTED
Concordia International Corp. Common Stock
CXRX
| $3.02M | 0.01% |
+674,200
| New | +$8.45M |
2016 Q3
0 quarters
|
|
|
PTX
1947
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $3.01M | 0.01% |
484,319
+262,879
| +119% | +$1.62M |
2015 Q2
5 quarters
|
|
1948
DELISTED
iRobot
IRBT
| $3.01M | 0.01% |
68,460
+11,460
| +20% | +$449K |
2016 Q2
1 quarter
|
|
|
PMBC
1949
DELISTED
Pacific Mercantile Bancorp
PMBC
| $3.01M | 0.01% |
408,100
+21,500
| +6% | +$155K |
2013 Q2
13 quarters
|
|
1950
Sierra Bancorp
BSRR
$512M
| $3M | 0.01% |
160,100
+11,300
| +8% | +$201K |
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.