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 | |
|---|---|---|---|---|---|---|---|
|
BDSI
2051
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2.51M | ﹤0.01% |
929,275
-784,325
| -46% | -$1.99M |
2015 Q4
3 quarters
|
|
|
OXFD
2052
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $2.5M | ﹤0.01% |
199,200
+72,400
| +57% | +$727K |
2015 Q1
6 quarters
|
|
2053
PJT Partners
PJT
$3.51B
| $2.5M | ﹤0.01% |
91,700
+33,400
| +57% | +$837K |
2016 Q2
1 quarter
|
|
2054
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $2.5M | ﹤0.01% |
+149,087
| New | +$2.42M |
2016 Q3
0 quarters
|
|
|
PBFX
2055
DELISTED
PBF LOGISTICS LP
PBFX
| $2.5M | ﹤0.01% |
126,000
+9,629
| +8% | +$202K |
2016 Q2
1 quarter
|
|
|
GSB
2056
DELISTED
GlobalSCAPE, Inc.
GSB
| $2.49M | ﹤0.01% |
702,059
+72,250
| +11% | +$261K |
2013 Q2
13 quarters
|
|
2057
Stride
LRN
$3.56B
| $2.49M | ﹤0.01% |
173,600
+113,600
| +189% | +$1.45M |
2016 Q2
1 quarter
|
|
2058
Equifax
EFX
$17.1B
| $2.49M | ﹤0.01% |
18,495
-70,000
| -79% | -$9.28M |
2015 Q2
5 quarters
|
|
2059
TripAdvisor
TRIP
$1.02B
| $2.48M | ﹤0.01% |
+39,300
| New | +$2.53M |
2016 Q3
0 quarters
|
|
2060
Alamos Gold
AGI
$13.8B
| $2.48M | ﹤0.01% |
302,560
-583,423
| -66% | -$5.08M |
2015 Q1
6 quarters
|
|
|
LIOX
2061
DELISTED
Lionbridge Technologies
LIOX
| $2.48M | ﹤0.01% |
494,900
-83,300
| -14% | -$390K |
2013 Q2
13 quarters
|
|
2062
HEICO Corp
HEI
$41.7B
| $2.47M | ﹤0.01% |
+87,009
| New | +$2.46M |
2016 Q3
0 quarters
|
|
2063
Heritage Financial
HFWA
$1.11B
| $2.46M | ﹤0.01% |
137,100
-13,000
| -9% | -$232K |
2013 Q2
13 quarters
|
|
2064
Ooma
OOMA
$553M
| $2.46M | ﹤0.01% |
271,000
+153,500
| +131% | +$1.33M |
2016 Q1
2 quarters
|
|
|
SNBC
2065
DELISTED
Sun Bancorp Inc
SNBC
| $2.46M | ﹤0.01% |
106,579
-800
| -0.7% | -$17.7K |
2013 Q2
13 quarters
|
|
2066
Designer Brands
DBI
$291M
| $2.45M | ﹤0.01% |
+119,530
| New | +$2.8M |
2016 Q3
0 quarters
|
|
2067
Abercrombie & Fitch
ANF
$6.05B
| $2.44M | ﹤0.01% |
153,300
-1,377,400
| -90% | -$26.6M |
2015 Q4
3 quarters
|
|
2068
Broadwind
BWEN
$91.6M
| $2.43M | ﹤0.01% |
552,090
+84,990
| +18% | +$388K |
2013 Q2
13 quarters
|
|
2069
Kadant
KAI
$3.08B
| $2.43M | ﹤0.01% |
46,600
-32,500
| -41% | -$1.73M |
2015 Q1
6 quarters
|
|
|
SWFT
2070
DELISTED
Swift Transportation Company
SWFT
| $2.43M | ﹤0.01% |
113,000
-508,500
| -82% | -$9.67M |
2016 Q1
2 quarters
|
|
2071
Saia
SAIA
$8.96B
| $2.42M | ﹤0.01% |
80,900
-27,500
| -25% | -$789K |
2015 Q3
4 quarters
|
|
2072
Cathay General Bancorp
CATY
$3.94B
| $2.42M | ﹤0.01% |
78,471
-20,800
| -21% | -$631K |
2015 Q1
6 quarters
|
|
2073
Northrim BanCorp
NRIM
$539M
| $2.41M | ﹤0.01% |
374,000
-19,600
| -5% | -$130K |
2013 Q2
13 quarters
|
|
2074
Ellington Financial
EFC
$1.5B
| $2.41M | ﹤0.01% |
144,349
+51,349
| +55% | +$887K |
2016 Q2
1 quarter
|
|
|
SOL
2075
DELISTED
Emeren Group
SOL
| $2.39M | ﹤0.01% |
473,473
+60,953
| +15% | +$353K |
2015 Q1
6 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.