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 | |
|---|---|---|---|---|---|---|
2876
Alexandria Real Estate Equities
ARE
$9.37B
| $345K | ﹤0.01% |
3,100
-47,700
| -94% | -$5.12M |
|
|
AT
2877
DELISTED
Atlantic Power Corporation
AT
| $343K | ﹤0.01% |
136,930
+89,395
| +188% | +$222K |
|
|
MAGN
2878
Magnera Corp
MAGN
$493M
| $342K | ﹤0.01% |
1,100
-1,692
| -61% | -$489K |
|
2879
MediWound
MDWD
$184M
| $340K | ﹤0.01% |
10,614
+1,128
| +12% | +$46K |
|
|
AEY
2880
DELISTED
ADDvantage Technologies Group
AEY
| $339K | ﹤0.01% |
19,170
+1,380
| +8% | +$24.3K |
|
2881
Public Service Enterprise Group
PEG
$38.7B
| $338K | ﹤0.01% |
7,700
-805,100
| -99% | -$33.6M |
|
2882
Euroseas
ESEA
$536M
| $336K | ﹤0.01% |
30,521
+6,729
| +28% | +$85.9K |
|
|
NRT
2883
North European Oil Royalty Trust
NRT
$80.6M
| $335K | ﹤0.01% |
50,752
+18,652
| +58% | +$133K |
|
2884
Safe Bulkers
SB
$772M
| $335K | ﹤0.01% |
291,700
+150,800
| +107% | +$206K |
|
|
GLDD
2885
DELISTED
Great Lakes Dredge & Dock
GLDD
| $333K | ﹤0.01% |
79,263
+25,063
| +46% | +$102K |
|
|
MAG
2886
DELISTED
MAG Silver
MAG
| $332K | ﹤0.01% |
+30,095
| New | +$388K |
|
2887
Willamette Valley Vineyards
WVVI
$12.7M
| $332K | ﹤0.01% |
41,400
+1,400
| +4% | +$11.3K |
|
2888
Beasley Broadcasting Group
BBGI
$35.3M
| $326K | ﹤0.01% |
2,650
+450
| +20% | +$50.6K |
|
|
RELV
2889
DELISTED
Reliv International Inc
RELV
| $326K | ﹤0.01% |
70,180
+16,680
| +31% | +$75.5K |
|
|
SRSC
2890
DELISTED
SEARS Canada Inc.
SRSC
| $326K | ﹤0.01% |
191,865
+41,465
| +28% | +$77.6K |
|
|
ETRM
2891
DELISTED
EnteroMedics Inc.
ETRM
| $326K | ﹤0.01% |
162,765
+106,602
| +190% | +$559K |
|
2892
Stratus Properties
STRS
$155M
| $321K | ﹤0.01% |
9,800
-10,900
| -53% | -$309K |
|
|
KS
2893
DELISTED
KapStone Paper and Pack Corp.
KS
| $320K | ﹤0.01% |
14,500
-52,300
| -78% | -$1.06M |
|
|
FAC
2894
DELISTED
First Acceptance Corp.
FAC
| $320K | ﹤0.01% |
307,600
+9,300
| +3% | +$9.7K |
|
2895
BioCryst Pharmaceuticals
BCRX
$2.42B
| $316K | ﹤0.01% |
+49,903
| New | +$260K |
|
2896
Designer Brands
DBI
$315M
| $309K | ﹤0.01% |
13,630
-105,900
| -89% | -$2.4M |
|
2897
Pure Cycle
PCYO
$255M
| $309K | ﹤0.01% |
56,200
+19,000
| +51% | +$99.6K |
|
2898
Omnicom Group
OMC
$23.5B
| $306K | ﹤0.01% |
+3,600
| New | +$302K |
|
|
MTL.PR
2899
DELISTED
Mechel PAO American Depositary Shares (each representing one-half of a Preferred Share)
MTL.PR
| $305K | ﹤0.01% |
271,900
+49,100
| +22% | +$46.5K |
|
2900
Ziff Davis
ZD
$2B
| $303K | ﹤0.01% |
+4,255
| New | +$271K |
|
Similar funds
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.