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 | |
|---|---|---|---|---|---|---|
|
ZNH
1076
DELISTED
China Southern Airlines Company Limited
ZNH
| $12.5M | 0.02% |
487,000
+400
| +0.1% | +$11.2K |
|
|
WCIC
1077
DELISTED
WCI Communities, Inc.
WCIC
| $12.5M | 0.02% |
+533,200
| New | +$12.4M |
|
|
PTNR
1078
DELISTED
Partner Communications
PTNR
| $12.5M | 0.02% |
2,664,600
+10,300
| +0.4% | +$47.8K |
|
1079
McDonald's
MCD
$194B
| $12.5M | 0.02% |
102,600
+93,100
| +980% | +$10.9M |
|
|
BELFB
1080
Bel Fuse Inc Class B
BELFB
$3.5B
| $12.5M | 0.02% |
404,017
+82,317
| +26% | +$2.29M |
|
1081
Yelp
YELP
$1.53B
| $12.5M | 0.02% |
327,100
+26,900
| +9% | +$994K |
|
|
AEGN
1082
DELISTED
Aegion Corp
AEGN
| $12.5M | 0.02% |
525,500
+58,200
| +12% | +$1.29M |
|
|
HZN
1083
DELISTED
Horizon Global Corporation
HZN
| $12.4M | 0.02% |
517,100
+124,200
| +32% | +$2.8M |
|
|
TVPT
1084
DELISTED
Travelport Worldwide Limited
TVPT
| $12.4M | 0.02% |
880,100
+202,731
| +30% | +$2.82M |
|
1085
Eastman Chemical
EMN
$7.71B
| $12.4M | 0.02% |
+164,340
| New | +$11.9M |
|
|
PMD
1086
DELISTED
Psychemedics Corporation
PMD
| $12.3M | 0.02% |
499,990
+65,290
| +15% | +$1.46M |
|
|
UBA
1087
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $12.3M | 0.02% |
510,800
+68,700
| +16% | +$1.53M |
|
1088
Reliance Steel & Aluminium
RS
$20.9B
| $12.3M | 0.02% |
+154,712
| New | +$11.8M |
|
|
GCP
1089
DELISTED
GCP Applied Technologies Inc.
GCP
| $12.3M | 0.02% |
459,269
+179,869
| +64% | +$4.86M |
|
|
RAS
1090
DELISTED
RAIT Financial Trust
RAS
| $12.3M | 0.02% |
3,651,700
+543,400
| +17% | +$1.68M |
|
1091
MBIA
MBI
$273M
| $12.3M | 0.02% |
1,145,600
+1,023,600
| +839% | +$9.45M |
|
|
DCOM
1092
DELISTED
Dime Community Bancshares
DCOM
| $12.3M | 0.02% |
609,625
+70,153
| +13% | +$1.27M |
|
|
ARC
1093
DELISTED
ARC Document Solutions, Inc.
ARC
| $12.2M | 0.02% |
2,409,400
+120,300
| +5% | +$504K |
|
1094
Penske Automotive Group
PAG
$14.7B
| $12.2M | 0.02% |
+236,100
| New | +$11.5M |
|
|
AL
1095
DELISTED
Air Lease Corp
AL
| $12.2M | 0.02% |
355,600
+146,100
| +70% | +$4.81M |
|
1096
Plexus
PLXS
$6.54B
| $12.2M | 0.02% |
225,400
+36,600
| +19% | +$1.81M |
|
|
NS
1097
DELISTED
NuStar Energy L.P.
NS
| $12.2M | 0.02% |
244,100
+157,041
| +180% | +$7.48M |
|
|
RYZ
1098
Ryerson Holding Corp
RYZ
$1.55B
| $12.2M | 0.02% |
910,400
+34,300
| +4% | +$420K |
|
|
PERY
1099
DELISTED
Perry Ellis International Inc
PERY
| $12.1M | 0.02% |
485,700
+56,000
| +13% | +$1.25M |
|
|
CLC
1100
DELISTED
Clarcor
CLC
| $12.1M | 0.02% |
+146,700
| New | +$10.3M |
|
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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.