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 | |
|---|---|---|---|---|---|---|---|
|
NM
2351
DELISTED
Navios Maritime Holdings Inc.
NM
| $1.54M | ﹤0.01% |
127,360
+33,470
| +36% | +$350K |
2015 Q4
3 quarters
|
|
|
SALM
2352
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $1.54M | ﹤0.01% |
261,800
+52,800
| +25% | +$357K |
2013 Q2
13 quarters
|
|
2353
Regal Rexnord
RRX
$11B
| $1.53M | ﹤0.01% |
25,800
-109,800
| -81% | -$6.6M |
2015 Q2
5 quarters
|
|
2354
Horace Mann Educators
HMN
$1.85B
| $1.52M | ﹤0.01% |
41,600
-76,400
| -65% | -$2.7M |
2014 Q1
10 quarters
|
|
2355
Commerce Bancshares
CBSH
$7.8B
| $1.52M | ﹤0.01% |
50,203
-266,625
| -84% | -$7.96M |
2015 Q3
4 quarters
|
|
2356
Element Solutions
ESI
$8.85B
| $1.52M | ﹤0.01% |
+187,100
| New | +$1.67M |
2016 Q3
0 quarters
|
|
2357
Weibo
WB
$1.61B
| $1.52M | ﹤0.01% |
30,250
+18,550
| +159% | +$767K |
2015 Q4
3 quarters
|
|
2358
Universal Electronics
UEIC
$69.1M
| $1.51M | ﹤0.01% |
20,343
+17,520
| +621% | +$1.32M |
2016 Q1
2 quarters
|
|
|
LEJU
2359
DELISTED
Leju Holdings Limited American Depositary Shares, each representing ten (10) Ordinary Shares
LEJU
| $1.51M | ﹤0.01% |
28,370
+2,850
| +11% | +$134K |
2015 Q3
4 quarters
|
|
|
BMCH
2360
DELISTED
BMC Stock Holdings, Inc
BMCH
| $1.51M | ﹤0.01% |
85,200
+28,700
| +51% | +$559K |
2015 Q1
6 quarters
|
|
2361
Foster
FSTR
$368M
| $1.51M | ﹤0.01% |
125,600
-3,000
| -2% | -$33.3K |
2014 Q4
7 quarters
|
|
2362
Radware
RDWR
$1.3B
| $1.51M | ﹤0.01% |
109,600
+500
| +0.5% | +$6.51K |
2014 Q3
8 quarters
|
|
2363
Magna International
MGA
$17.1B
| $1.5M | ﹤0.01% |
34,984
-737,300
| -95% | -$29M |
2016 Q2
1 quarter
|
|
2364
Rush Enterprises Class A
RUSHA
$5.2B
| $1.5M | ﹤0.01% |
206,888
+150,188
| +265% | +$1.03M |
2016 Q1
2 quarters
|
|
|
GVP
2365
DELISTED
GSE Systems, Inc.
GVP
| $1.5M | ﹤0.01% |
51,873
+7,493
| +17% | +$188K |
2013 Q2
13 quarters
|
|
2366
LCNB Corp
LCNB
$264M
| $1.5M | ﹤0.01% |
82,200
-3,500
| -4% | -$61.2K |
2013 Q4
11 quarters
|
|
|
AXU
2367
DELISTED
Alexco Resource Corp
AXU
| $1.5M | ﹤0.01% |
841,700
-534,100
| -39% | -$1.03M |
2013 Q2
13 quarters
|
|
2368
Global Industrial
GIC
$1.64B
| $1.49M | ﹤0.01% |
188,600
+13,700
| +8% | +$115K |
2014 Q2
9 quarters
|
|
|
ITIC
2369
Investors Title Co
ITIC
$561M
| $1.49M | ﹤0.01% |
15,000
+1,100
| +8% | +$108K |
2013 Q3
12 quarters
|
|
2370
Altimmune
ALT
$508M
| $1.49M | ﹤0.01% |
1,714
+1,217
| +245% | +$955K |
2016 Q2
1 quarter
|
|
|
AAV
2371
DELISTED
Advantage Oil & Gas Ltd
AAV
| $1.49M | ﹤0.01% |
212,300
+102,300
| +93% | +$677K |
2015 Q4
3 quarters
|
|
|
BEBE
2372
DELISTED
Bebe Stores Inc
BEBE
| $1.48M | ﹤0.01% |
211,950
+6,930
| +3% | +$46.9K |
2013 Q2
13 quarters
|
|
2373
Walker & Dunlop
WD
$1.13B
| $1.48M | ﹤0.01% |
+58,400
| New | +$1.48M |
2016 Q3
0 quarters
|
|
|
NOA
2374
North American Construction
NOA
$318M
| $1.47M | ﹤0.01% |
589,043
+67,343
| +13% | +$176K |
2013 Q2
13 quarters
|
|
2375
HP
HPQ
$27.2B
| $1.47M | ﹤0.01% |
+94,700
| New | +$1.35M |
2016 Q3
0 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.