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 | |
|---|---|---|---|---|---|---|
1126
Republic Services
RSG
$68.1B
| $11.6M | 0.02% |
+203,700
| New | +$10.9M |
|
1127
JB Hunt Transport Services
JBHT
$25.5B
| $11.6M | 0.02% |
119,544
-375,800
| -76% | -$33.4M |
|
|
JMEI
1128
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $11.5M | 0.02% |
229,480
+30,170
| +15% | +$1.51M |
|
|
GNCMA
1129
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $11.5M | 0.02% |
590,900
-69,500
| -11% | -$1.15M |
|
1130
Guidewire Software
GWRE
$13.8B
| $11.5M | 0.02% |
232,700
-169,600
| -42% | -$9.51M |
|
1131
Grupo Aeroportuario Centro Norte
OMAB
$5.21B
| $11.5M | 0.02% |
331,900
+121,200
| +58% | +$5.04M |
|
|
HAPN
1132
Happen Inc
HAPN
$2.15B
| $11.5M | 0.02% |
436,539
+152,919
| +54% | +$4.2M |
|
1133
Dawson Geophysical
DWSN
$133M
| $11.5M | 0.02% |
1,495,874
+55,860
| +4% | +$402K |
|
1134
Willdan Group
WLDN
$1.03B
| $11.5M | 0.02% |
506,989
+141,189
| +39% | +$2.87M |
|
|
ATCO
1135
DELISTED
Atlas Corp.
ATCO
| $11.5M | 0.02% |
1,253,000
+72,400
| +6% | +$767K |
|
1136
iShares 20+ Year Treasury Bond ETF
TLT
$43B
| $11.4M | 0.02% |
96,100
+61,500
| +178% | +$7.7M |
|
|
TA
1137
DELISTED
TravelCenters of America LLC
TA
| $11.4M | 0.02% |
322,360
-60
| -0% | -$2.03K |
|
1138
Aramark
ARMK
$15.1B
| $11.4M | 0.02% |
443,062
-115,370
| -21% | -$3.01M |
|
1139
Sumitomo Mitsui Financial
SMFG
$159B
| $11.4M | 0.02% |
1,492,100
-86,200
| -5% | -$626K |
|
1140
Enova International
ENVA
$6.21B
| $11.3M | 0.02% |
904,200
+464,400
| +106% | +$5.01M |
|
|
NBL
1141
DELISTED
Noble Energy, Inc.
NBL
| $11.3M | 0.02% |
298,077
+62,600
| +27% | +$2.33M |
|
1142
Ennis
EBF
$557M
| $11.3M | 0.02% |
651,600
-72,000
| -10% | -$1.17M |
|
|
JOY
1143
DELISTED
Joy Global Inc
JOY
| $11.3M | 0.02% |
403,425
-262,300
| -39% | -$7.33M |
|
1144
Choice Hotels
CHH
$5.22B
| $11.3M | 0.02% |
201,300
+172,100
| +589% | +$8.63M |
|
1145
Crane NXT
CXT
$2.99B
| $11.3M | 0.02% |
449,988
+278,112
| +162% | +$6.74M |
|
|
NSR
1146
DELISTED
Neustar Inc
NSR
| $11.3M | 0.02% |
337,400
+63,000
| +23% | +$1.67M |
|
1147
Ribbon Communications
RBBN
$389M
| $11.2M | 0.02% |
1,783,500
-122,689
| -6% | -$806K |
|
|
EMKR
1148
DELISTED
Emcore Corp
EMKR
| $11.2M | 0.02% |
129,110
-3,110
| -2% | -$214K |
|
|
KEM
1149
DELISTED
KEMET Corporation
KEM
| $11.2M | 0.02% |
1,694,001
+1,366,002
| +416% | +$6.54M |
|
|
AE
1150
DELISTED
Adams Resources & Energy Inc
AE
| $11.2M | 0.02% |
283,100
+2,900
| +1% | +$114K |
|
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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.