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 | |
|---|---|---|---|---|---|---|---|
|
ALSK
2026
DELISTED
Alaska Communications Systems
ALSK
| $2.65M | ﹤0.01% |
1,539,440
+145,185
| +10% | +$246K |
2014 Q3
8 quarters
|
|
2027
St. Joe Company
JOE
$3.69B
| $2.64M | ﹤0.01% |
143,800
-11,600
| -7% | -$216K |
2013 Q2
13 quarters
|
|
2028
Transact Technologies
TACT
$46.4M
| $2.62M | ﹤0.01% |
350,500
+6,400
| +2% | +$48.8K |
2013 Q2
13 quarters
|
|
|
PWE
2029
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $2.62M | ﹤0.01% |
1,449,303
+565,400
| +64% | +$877K |
2015 Q4
3 quarters
|
|
2030
China Yuchai International
CYD
$1.12B
| $2.61M | ﹤0.01% |
240,914
+20,000
| +9% | +$220K |
2015 Q3
4 quarters
|
|
|
XRM
2031
DELISTED
Xerium Technologies Inc (new)
XRM
| $2.6M | ﹤0.01% |
326,900
+32,700
| +11% | +$260K |
2013 Q2
13 quarters
|
|
2032
NovaGold Resources
NG
$2.94B
| $2.6M | ﹤0.01% |
464,100
-1,197,513
| -72% | -$7.45M |
2015 Q3
4 quarters
|
|
2033
RELX
RELX
$62.8B
| $2.6M | ﹤0.01% |
135,528
-36,400
| -21% | -$694K |
2014 Q3
8 quarters
|
|
2034
Fresenius Medical Care
FMS
$11.2B
| $2.6M | ﹤0.01% |
59,300
-32,100
| -35% | -$1.44M |
2016 Q2
1 quarter
|
|
|
CHMT
2035
DELISTED
Chemtura Corporation
CHMT
| $2.59M | ﹤0.01% |
78,968
-11,300
| -13% | -$326K |
2015 Q4
3 quarters
|
|
|
NGHC
2036
DELISTED
National General Holdings Corp
NGHC
| $2.59M | ﹤0.01% |
116,400
-104,100
| -47% | -$2.27M |
2015 Q1
6 quarters
|
|
|
TNAV
2037
DELISTED
Telenav Inc.
TNAV
| $2.59M | ﹤0.01% |
451,400
+97,543
| +28% | +$529K |
2013 Q2
13 quarters
|
|
|
MSL
2038
DELISTED
Midsouth Bancorp, Inc.
MSL
| $2.58M | ﹤0.01% |
248,200
+7,600
| +3% | +$77.8K |
2014 Q2
9 quarters
|
|
|
HBP
2039
DELISTED
Huttig Building Products, Inc.
HBP
| $2.58M | ﹤0.01% |
445,500
+143,085
| +47% | +$863K |
2014 Q1
10 quarters
|
|
|
CNXM
2040
DELISTED
CNX Midstream Partners LP
CNXM
| $2.57M | ﹤0.01% |
142,100
+24,600
| +21% | +$437K |
2015 Q2
5 quarters
|
|
2041
DELISTED
iCAD Inc
ICAD
| $2.56M | ﹤0.01% |
491,960
+32,600
| +7% | +$173K |
2013 Q2
13 quarters
|
|
2042
DELISTED
Liberty Tax, Inc. Class A
TAX
| $2.55M | ﹤0.01% |
199,600
+118,900
| +147% | +$1.61M |
2016 Q2
1 quarter
|
|
2043
Friedman Industries
FRD
$303M
| $2.55M | ﹤0.01% |
471,900
+3,400
| +0.7% | +$19.2K |
2013 Q2
13 quarters
|
|
|
MGIC
2044
DELISTED
Magic Software Enterprises
MGIC
| $2.54M | ﹤0.01% |
356,833
+63,481
| +22% | +$464K |
2014 Q3
8 quarters
|
|
|
PZE
2045
DELISTED
Petrobras Argentina S A
PZE
| $2.54M | ﹤0.01% |
386,117
+151,442
| +65% | +$954K |
2013 Q2
13 quarters
|
|
2046
LSI Industries
LYTS
$769M
| $2.54M | ﹤0.01% |
226,000
-19,530
| -8% | -$208K |
2015 Q2
5 quarters
|
|
2047
NorthWestern Energy
NWE
$4.56B
| $2.54M | ﹤0.01% |
+44,100
| New | +$2.63M |
2016 Q3
0 quarters
|
|
|
KRA
2048
DELISTED
Kraton Corporation
KRA
| $2.53M | ﹤0.01% |
72,100
+29,800
| +70% | +$954K |
2015 Q2
5 quarters
|
|
|
EOCA
2049
DELISTED
Endesa Americas S.A.
EOCA
| $2.52M | ﹤0.01% |
183,600
-153,900
| -46% | -$2.14M |
2016 Q2
1 quarter
|
|
|
TREC
2050
DELISTED
Trecora Resources
TREC
| $2.51M | ﹤0.01% |
220,000
-700
| -0.3% | -$7.72K |
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.