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 | |
|---|---|---|---|---|---|---|
1051
Brookfield
BN
$104B
| $13.1M | 0.02% |
1,110,933
+213,568
| +24% | +$2.6M |
|
1052
Clean Energy Fuels
CLNE
$421M
| $13.1M | 0.02% |
4,571,378
+1,321,100
| +41% | +$4.99M |
|
1053
Erie Indemnity
ERIE
$12.7B
| $13.1M | 0.02% |
116,212
+27,641
| +31% | +$2.94M |
|
1054
STMicroelectronics
STM
$44.7B
| $13M | 0.02% |
1,146,124
-3,757,571
| -77% | -$35.6M |
|
1055
LivePerson
LPSN
$22.9M
| $13M | 0.02% |
114,540
+12,467
| +12% | +$1.54M |
|
1056
Cracker Barrel
CBRL
$1.2B
| $13M | 0.02% |
77,613
-176,119
| -69% | -$26.6M |
|
1057
Oracle
ORCL
$346B
| $12.9M | 0.02% |
335,700
-3,548,032
| -91% | -$139M |
|
|
PGRE
1058
DELISTED
Paramount Group
PGRE
| $12.9M | 0.02% |
806,900
-509,700
| -39% | -$8.04M |
|
|
FFNW
1059
DELISTED
First Financial Northwest, Inc
FFNW
| $12.9M | 0.02% |
653,407
+80,308
| +14% | +$1.32M |
|
|
CPL
1060
DELISTED
CPFL Energia S.A.
CPL
| $12.9M | 0.02% |
837,386
+89,900
| +12% | +$1.33M |
|
|
CWEI
1061
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $12.9M | 0.02% |
107,972
+5,600
| +5% | +$561K |
|
|
BGFV
1062
DELISTED
Big 5 Sporting Goods
BGFV
| $12.8M | 0.02% |
740,662
+502,662
| +211% | +$8.84M |
|
|
FPO
1063
DELISTED
First Potomac Realty Trust
FPO
| $12.8M | 0.02% |
1,170,100
+90,300
| +8% | +$855K |
|
1064
Univest Financial
UVSP
$1.24B
| $12.7M | 0.02% |
412,089
-33,880
| -8% | -$903K |
|
1065
DigitalBridge
DBRG
$2.93B
| $12.7M | 0.02% |
213,175
-81,249
| -28% | -$4.59M |
|
1066
Lloyds Banking Group
LYG
$87.2B
| $12.7M | 0.02% |
4,098,201
-2,180,799
| -35% | -$6.38M |
|
|
AMCC
1067
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $12.7M | 0.02% |
1,536,636
+295,093
| +24% | +$2.24M |
|
1068
IPG Photonics
IPGP
$3.57B
| $12.7M | 0.02% |
128,400
-70,200
| -35% | -$6.55M |
|
|
DNB
1069
DELISTED
Dun & Bradstreet
DNB
| $12.7M | 0.02% |
104,300
-206,100
| -66% | -$25.4M |
|
1070
Rollins
ROL
$18.8B
| $12.7M | 0.02% |
842,794
-910,575
| -52% | -$12.6M |
|
|
TIVO
1071
DELISTED
Tivo Inc
TIVO
| $12.6M | 0.02% |
604,373
-1,004,035
| -62% | -$20.4M |
|
|
HES
1072
DELISTED
Hess
HES
| $12.6M | 0.02% |
202,463
-16,000
| -7% | -$875K |
|
|
ZVO
1073
DELISTED
Zovio Inc. Common Stock
ZVO
| $12.6M | 0.02% |
1,244,458
+164,800
| +15% | +$1.43M |
|
|
CDR
1074
DELISTED
Cedar Realty Trust, Inc
CDR
| $12.6M | 0.02% |
291,833
-49,955
| -15% | -$2.17M |
|
|
RPT
1075
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $12.5M | 0.02% |
756,276
+7,076
| +0.9% | +$121K |
|
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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.