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 | |
|---|---|---|---|---|---|---|---|
2001
ASML
ASML
$682B
| $2.77M | ﹤0.01% |
25,207
-103,078
| -80% | -$10.9M |
2015 Q2
5 quarters
|
|
2002
Escalade
ESCA
$257M
| $2.76M | ﹤0.01% |
216,200
+13,964
| +7% | +$162K |
2013 Q2
13 quarters
|
|
2003
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.75M | ﹤0.01% |
594,500
+480,300
| +421% | +$2.44M |
2015 Q2
5 quarters
|
|
2004
DXP Enterprises
DXPE
$2.81B
| $2.75M | ﹤0.01% |
97,600
-171,800
| -64% | -$3.96M |
2014 Q4
7 quarters
|
|
2005
Energy Transfer Partners
ET
$70.4B
| $2.74M | ﹤0.01% |
163,352
-1,545,200
| -90% | -$26.1M |
2015 Q1
6 quarters
|
|
2006
Pampa Energía
PAM
$4.35B
| $2.73M | ﹤0.01% |
84,400
-118,800
| -58% | -$3.31M |
2013 Q2
13 quarters
|
|
2007
Tandem Diabetes Care
TNDM
$1.12B
| $2.73M | ﹤0.01% |
35,640
+6,210
| +21% | +$453K |
2015 Q1
6 quarters
|
|
2008
DELISTED
Lakeland Bancorp Inc
LBAI
| $2.72M | ﹤0.01% |
193,700
-62,402
| -24% | -$798K |
2014 Q1
10 quarters
|
|
|
MBVT
2009
DELISTED
Merchants Bancshares Inc
MBVT
| $2.72M | ﹤0.01% |
83,900
+11,200
| +15% | +$362K |
2013 Q2
13 quarters
|
|
|
FPRX
2010
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $2.71M | ﹤0.01% |
51,700
-69,600
| -57% | -$3.32M |
2015 Q1
6 quarters
|
|
2011
Covista Inc
CVSA
$4.32B
| $2.71M | ﹤0.01% |
117,300
+61,600
| +111% | +$1.38M |
2016 Q2
1 quarter
|
|
2012
Crown Crafts
CRWS
$26M
| $2.71M | ﹤0.01% |
265,200
+10,800
| +4% | +$107K |
2013 Q2
13 quarters
|
|
|
RDC
2013
DELISTED
Rowan Companies Plc
RDC
| $2.69M | ﹤0.01% |
177,800
-250,900
| -59% | -$3.67M |
2016 Q1
2 quarters
|
|
|
GRP.U
2014
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $2.69M | ﹤0.01% |
87,900
-53,200
| -38% | -$1.65M |
2013 Q2
13 quarters
|
|
2015
Bankwell Financial Group
BWFG
$515M
| $2.69M | ﹤0.01% |
113,500
+18,100
| +19% | +$409K |
2015 Q4
3 quarters
|
|
2016
RB Global
RBA
$16.1B
| $2.69M | ﹤0.01% |
+76,600
| New | +$2.5M |
2016 Q3
0 quarters
|
|
2017
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$5.85B
| $2.67M | ﹤0.01% |
24,267
+16,300
| +205% | +$1.77M |
2016 Q1
2 quarters
|
|
|
CXDC
2018
DELISTED
China XD Plastics Company Limited
CXDC
| $2.67M | ﹤0.01% |
604,400
+15,100
| +3% | +$69.7K |
2013 Q2
13 quarters
|
|
|
BSMX
2019
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $2.67M | ﹤0.01% |
303,400
-588,300
| -66% | -$5.45M |
2014 Q4
7 quarters
|
|
|
BGG
2020
DELISTED
Briggs & Stratton Corp.
BGG
| $2.67M | ﹤0.01% |
+143,000
| New | +$2.95M |
2016 Q3
0 quarters
|
|
|
EXAC
2021
DELISTED
Exactech Inc
EXAC
| $2.67M | ﹤0.01% |
98,600
+8,500
| +9% | +$234K |
2013 Q2
13 quarters
|
|
|
RLH
2022
DELISTED
Red Lions Hotel Corporation
RLH
| $2.65M | ﹤0.01% |
318,300
-34,700
| -10% | -$255K |
2013 Q2
13 quarters
|
|
2023
Arbor Realty Trust
ABR
$524M
| $2.65M | ﹤0.01% |
357,500
+78,741
| +28% | +$583K |
2015 Q1
6 quarters
|
|
2024
Trupanion
TRUP
$1.12B
| $2.65M | ﹤0.01% |
156,800
-25,500
| -14% | -$390K |
2015 Q2
5 quarters
|
|
2025
DELISTED
Pacific Premier Bancorp
PPBI
| $2.65M | ﹤0.01% |
100,100
-64,800
| -39% | -$1.68M |
2013 Q2
13 quarters
|
|
Similar funds
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.