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 |
Gilead Sciences
GILD
|
+$247M |
| 2 |
Johnson & Johnson
JNJ
|
+$225M |
| 3 |
MON
Monsanto Co
MON
|
+$213M |
| 4 |
AET
Aetna Inc
AET
|
+$208M |
| 5 |
Broadcom
AVGO
|
+$176M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$227M |
| 2 |
Microsoft
MSFT
|
+$224M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$205M |
| 4 |
Nike
NKE
|
+$187M |
| 5 |
Pfizer
PFE
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.12% |
| 2 | Technology | 12.96% |
| 3 | Healthcare | 12.08% |
| 4 | Industrials | 11.23% |
| 5 | Consumer Staples | 8.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TBRG
2626
DELISTED
TruBridge
TBRG
| $807K | ﹤0.01% |
34,215
-112,000
| -77% | -$2.79M |
|
|
HTM
2627
DELISTED
U.S. Geothermal Inc.
HTM
| $802K | ﹤0.01% |
196,126
+34,859
| +22% | +$144K |
|
2628
First US Bancshares
FUSB
$91.9M
| $801K | ﹤0.01% |
72,100
+8,600
| +14% | +$91.1K |
|
|
SJT
2629
San Juan Basin Royalty Trust
SJT
$119M
| $791K | ﹤0.01% |
119,549
+95,724
| +402% | +$603K |
|
2630
Omnicell
OMCL
$1.88B
| $788K | ﹤0.01% |
+23,243
| New | +$800K |
|
|
CTO
2631
CTO Realty Growth
CTO
$756M
| $785K | ﹤0.01% |
54,155
+13,255
| +32% | +$188K |
|
|
IMI
2632
DELISTED
Intermolecular, Inc.
IMI
| $784K | ﹤0.01% |
826,866
+67,666
| +9% | +$66.6K |
|
2633
Travere Therapeutics
TVTX
$5.17B
| $782K | ﹤0.01% |
+41,300
| New | +$845K |
|
|
FWDI
2634
Forward Industries Inc
FWDI
$280M
| $777K | ﹤0.01% |
62,180
+1,780
| +3% | +$23K |
|
|
ENFC
2635
DELISTED
Entegra Financial Corp.
ENFC
| $774K | ﹤0.01% |
37,578
+4,978
| +15% | +$94.6K |
|
2636
La-Z-Boy
LZB
$1.64B
| $770K | ﹤0.01% |
24,800
-309,000
| -93% | -$8.36M |
|
2637
Kopin
KOPN
$586M
| $767K | ﹤0.01% |
270,200
-159,800
| -37% | -$388K |
|
|
CDMO
2638
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $763K | ﹤0.01% |
353,407
+1,629
| +0.5% | +$3.81K |
|
|
VRTV
2639
DELISTED
VERITIV CORPORATION
VRTV
| $758K | ﹤0.01% |
14,100
+4,200
| +42% | +$218K |
|
|
VXX
2640
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $758K | ﹤0.01% |
7,425
+1,475
| +25% | +$177K |
|
|
ARCW
2641
DELISTED
ARC Group Worldwide, Inc
ARCW
| $756K | ﹤0.01% |
171,814
+63,714
| +59% | +$268K |
|
|
TGE
2642
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $751K | ﹤0.01% |
28,026
-148,474
| -84% | -$3.65M |
|
2643
Coffee Holding Co
JVA
$18.4M
| $748K | ﹤0.01% |
160,800
-4,100
| -2% | -$21K |
|
2644
Identive
INVE
$61M
| $747K | ﹤0.01% |
234,940
+56,980
| +32% | +$152K |
|
|
BORN
2645
DELISTED
China New Borun Corporation
BORN
| $747K | ﹤0.01% |
557,500
+70,200
| +14% | +$97.8K |
|
|
AUTO
2646
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $746K | ﹤0.01% |
55,500
+22,500
| +68% | +$335K |
|
2647
Network-1 Technologies
NTIP
$37.5M
| $740K | ﹤0.01% |
217,700
+168,100
| +339% | +$492K |
|
2648
DXP Enterprises
DXPE
$2.3B
| $736K | ﹤0.01% |
21,200
-76,400
| -78% | -$2.26M |
|
|
ARAV
2649
DELISTED
Aravive, Inc. Common Stock
ARAV
| $736K | ﹤0.01% |
8,233
+5,083
| +161% | +$385K |
|
|
MLVF
2650
DELISTED
Malvern Bancorp, Inc.
MLVF
| $736K | ﹤0.01% |
+34,800
| New | +$664K |
|
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Renaissance Technologies's Q4 2016 Portfolio in Review
As of Q4 2016, Renaissance Technologies held 3,715 positions worth $63.2B, up 12% from $56.6B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Renaissance Technologies deployed $5.07B of net new capital in Q4 2016, opening 418 new positions and adding to 1,792 existing holdings. Its largest new stake was Broadcom: 10,144,960 shares worth $179M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Bristol-Myers Squibb, an estimated $227M trimmed.
- Renaissance Technologies's largest Q4 2016 buy was Broadcom: 10,144,960 shares worth $179M.
- Renaissance Technologies added most to Gilead Sciences in Q4 2016, an estimated $247M increase.
- Renaissance Technologies's biggest Q4 2016 reduction was Bristol-Myers Squibb, cutting an estimated $227M.
- Renaissance Technologies fully exited Alphabet (Google) Class C in Q4 2016, selling an estimated $205M.
- Renaissance Technologies's ten largest holdings make up 7.2% of its $63.2B portfolio in Q4 2016.
- Renaissance Technologies opened 418 new positions and closed 494 in Q4 2016.
- Renaissance Technologies's portfolio value rose 12% quarter-over-quarter to $63.2B.
Based on Renaissance Technologies's 13F filing for Q4 2016, filed 13 Feb 2017.