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
EMC CORPORATION
EMC
|
+$228M |
| 3 |
GAS
AGL Resources Inc
GAS
|
+$216M |
| 4 |
TE
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 | |
|---|---|---|---|---|---|---|---|
201
Ameren
AEE
$28.2B
| $62.7M | 0.11% |
1,274,200
+577,200
| +83% | +$29.5M |
2013 Q2
13 quarters
|
|
202
Euronet Worldwide
EEFT
$2.38B
| $62.3M | 0.11% |
761,045
-98,693
| -11% | -$7.56M |
2013 Q2
13 quarters
|
|
|
SPN
203
DELISTED
Superior Energy Services, Inc.
SPN
| $62.2M | 0.11% |
347,640
+118,880
| +52% | +$19.9M |
2016 Q1
2 quarters
|
|
|
TFCF
204
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $61.9M | 0.11% |
2,501,746
+1,919,900
| +330% | +$50M |
2016 Q2
1 quarter
|
|
205
AngloGold Ashanti
AU
$45.8B
| $61.9M | 0.11% |
3,886,800
+308,200
| +9% | +$5.85M |
2014 Q3
8 quarters
|
|
206
Coeur Mining
CDE
$17.4B
| $61.8M | 0.11% |
5,227,628
+151,905
| +3% | +$2.08M |
2013 Q2
13 quarters
|
|
207
Cinemark Holdings
CNK
$4.25B
| $61.8M | 0.11% |
1,614,300
-426,100
| -21% | -$16.1M |
2013 Q2
13 quarters
|
|
208
IAMGOLD
IAG
$10.5B
| $61.7M | 0.11% |
15,240,400
+2,779,300
| +22% | +$12.7M |
2013 Q2
13 quarters
|
|
|
SSRI
209
DELISTED
Silver Standard Resources
SSRI
| $61.1M | 0.11% |
5,064,983
+305,600
| +6% | +$4.12M |
2015 Q2
5 quarters
|
|
210
American Homes 4 Rent
AMH
$11B
| $60.9M | 0.11% |
2,813,641
+1,474,229
| +110% | +$31.9M |
2013 Q4
11 quarters
|
|
|
SPLS
211
DELISTED
Staples Inc
SPLS
| $60.5M | 0.11% |
7,073,339
-1,519,540
| -18% | -$13.4M |
2015 Q1
6 quarters
|
|
212
Evercore
EVR
$10.3B
| $60.4M | 0.11% |
1,172,800
+85,100
| +8% | +$4.28M |
2013 Q2
13 quarters
|
|
213
Myriad Genetics
MYGN
$399M
| $60.3M | 0.11% |
2,931,674
+1,599,374
| +120% | +$40.6M |
2013 Q2
13 quarters
|
|
|
MGLN
214
DELISTED
Magellan Health Services, Inc.
MGLN
| $60.2M | 0.11% |
1,119,500
-30,699
| -3% | -$1.85M |
2013 Q2
13 quarters
|
|
215
Global Payments
GPN
$21.9B
| $60.1M | 0.11% |
783,545
+197,300
| +34% | +$14.9M |
2015 Q2
5 quarters
|
|
|
SAFM
216
DELISTED
Sanderson Farms Inc
SAFM
| $60M | 0.11% |
623,117
+312,317
| +100% | +$28.6M |
2015 Q3
4 quarters
|
|
217
Gerdau
GGB
$9.69B
| $59.8M | 0.11% |
27,720,629
+5,919,984
| +27% | +$11.9M |
2014 Q4
7 quarters
|
|
|
HTZ
218
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $59.7M | 0.11% |
+1,711,744
| New | +$71.6M |
2016 Q3
0 quarters
|
|
219
Intuitive Surgical
ISRG
$147B
| $59.6M | 0.11% |
740,430
+450,288
| +155% | +$34.5M |
2013 Q2
13 quarters
|
|
220
Truist Financial
TFC
$56.3B
| $59.5M | 0.11% |
1,577,154
-464,200
| -23% | -$17.3M |
2016 Q1
2 quarters
|
|
221
Old Republic International
ORI
$9.31B
| $58.3M | 0.1% |
3,306,085
+396,600
| +14% | +$7.55M |
2015 Q3
4 quarters
|
|
222
Mid-America Apartment Communities
MAA
$13.5B
| $58.1M | 0.1% |
618,600
-139,562
| -18% | -$13.9M |
2014 Q3
8 quarters
|
|
223
lululemon athletica
LULU
$10.3B
| $58M | 0.1% |
951,700
+659,800
| +226% | +$48.7M |
2016 Q2
1 quarter
|
|
224
Zoetis
ZTS
$30.3B
| $57.6M | 0.1% |
1,108,100
-769,400
| -41% | -$38.9M |
2014 Q4
7 quarters
|
|
225
Intuit
INTU
$81B
| $57.5M | 0.1% |
+522,948
| New | +$58.5M |
2016 Q3
0 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.