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 | |
|---|---|---|---|---|---|---|---|
|
SYNC
1951
DELISTED
Synacor, Inc.
SYNC
| $3M | 0.01% |
1,032,100
+133,200
| +15% | +$390K |
2013 Q2
13 quarters
|
|
|
PLPM
1952
DELISTED
Planet Payment, Inc
PLPM
| $3M | 0.01% |
808,900
-4,393
| -0.5% | -$17.3K |
2014 Q4
7 quarters
|
|
1953
Patrick Industries
PATK
$2.06B
| $2.98M | 0.01% |
+108,452
| New | +$3.06M |
2016 Q3
0 quarters
|
|
1954
Himax Technologies
HIMX
$2.25B
| $2.98M | 0.01% |
347,361
-336,400
| -49% | -$3.15M |
2015 Q1
6 quarters
|
|
|
HDNG
1955
DELISTED
Hardinge Inc
HDNG
| $2.98M | 0.01% |
268,100
+6,000
| +2% | +$63.1K |
2013 Q4
11 quarters
|
|
|
DSCI
1956
DELISTED
Derma Sciences, Inc. Common Stock (DE)
DSCI
| $2.98M | 0.01% |
638,000
+58,300
| +10% | +$272K |
2014 Q4
7 quarters
|
|
1957
BK Technologies
BKTI
$275M
| $2.97M | 0.01% |
111,380
+1,420
| +1% | +$38.2K |
2013 Q2
13 quarters
|
|
1958
GSI Technology
GSIT
$171M
| $2.97M | 0.01% |
627,500
+25,800
| +4% | +$122K |
2013 Q2
13 quarters
|
|
1959
Standard BioTools
LAB
$259M
| $2.97M | 0.01% |
370,300
+110,200
| +42% | +$1.01M |
2015 Q3
4 quarters
|
|
1960
Crawford & Co Class A
CRD.A
$602M
| $2.94M | 0.01% |
328,100
+38,500
| +13% | +$341K |
2013 Q2
13 quarters
|
|
|
CORR
1961
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $2.94M | 0.01% |
+100,129
| New | +$2.95M |
2016 Q3
0 quarters
|
|
1962
American Superconductor
AMSC
$1.45B
| $2.93M | 0.01% |
418,088
+49,800
| +14% | +$386K |
2014 Q4
7 quarters
|
|
|
MSGN
1963
DELISTED
MSG Networks Inc.
MSGN
| $2.93M | 0.01% |
157,500
-102,900
| -40% | -$1.74M |
2016 Q2
1 quarter
|
|
1964
Champion Homes
SKY
$4.33B
| $2.93M | 0.01% |
213,900
+33,800
| +19% | +$359K |
2013 Q2
13 quarters
|
|
1965
Teleflex
TFX
$5.33B
| $2.92M | 0.01% |
17,400
-21,400
| -55% | -$3.83M |
2015 Q4
3 quarters
|
|
|
NRF
1966
DELISTED
NorthStar Realty Finance Corp.
NRF
| $2.92M | 0.01% |
+221,933
| New | +$2.87M |
2016 Q3
0 quarters
|
|
1967
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.1B
| $2.92M | 0.01% |
73,000
-135,600
| -65% | -$5.46M |
2016 Q1
2 quarters
|
|
1968
Compugen
CGEN
$199M
| $2.92M | 0.01% |
462,825
+200,176
| +76% | +$1.36M |
2014 Q2
9 quarters
|
|
|
INFI
1969
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $2.9M | 0.01% |
1,860,900
+1,111,200
| +148% | +$1.71M |
2013 Q2
13 quarters
|
|
1970
DELISTED
Christopher & Banks Corporation
CBK
| $2.9M | 0.01% |
1,999,700
+151,300
| +8% | +$273K |
2013 Q2
13 quarters
|
|
1971
Orrstown Financial Services
ORRF
$813M
| $2.9M | 0.01% |
146,770
-2,530
| -2% | -$50.7K |
2013 Q2
13 quarters
|
|
1972
Manitowoc
MTW
$797M
| $2.9M | 0.01% |
151,100
+68,275
| +82% | +$1.38M |
2016 Q1
2 quarters
|
|
1973
Lennar Class B
LEN.B
$18B
| $2.89M | 0.01% |
92,496
+215
| +0.2% | +$7.46K |
2013 Q2
13 quarters
|
|
1974
DELISTED
Goldfield Corporation
GV
| $2.89M | 0.01% |
1,069,399
+411,700
| +63% | +$1.28M |
2013 Q2
13 quarters
|
|
|
FOE
1975
DELISTED
Ferro Corporation
FOE
| $2.88M | 0.01% |
208,700
+131,300
| +170% | +$1.73M |
2015 Q4
3 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.