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 | |
|---|---|---|---|---|---|---|
1151
Ezcorp Inc
EZPW
$1.8B
| $11.2M | 0.02% |
1,052,918
+41,500
| +4% | +$447K |
|
1152
Cenovus Energy
CVE
$54.2B
| $11.2M | 0.02% |
739,800
-525,400
| -42% | -$7.91M |
|
|
AMED
1153
DELISTED
Amedisys
AMED
| $11.2M | 0.02% |
262,300
-107,101
| -29% | -$4.55M |
|
|
NXRT
1154
NexPoint Residential Trust
NXRT
$686M
| $11.1M | 0.02% |
498,500
+100,700
| +25% | +$1.98M |
|
1155
First Busey Corp
BUSE
$2.61B
| $11.1M | 0.02% |
361,600
+15,681
| +5% | +$408K |
|
|
CIM
1156
Chimera Investment
CIM
$1.06B
| $11.1M | 0.02% |
+217,787
| New | +$10.7M |
|
|
GGP
1157
DELISTED
GGP Inc.
GGP
| $11.1M | 0.02% |
+445,000
| New | +$11.4M |
|
|
PAY
1158
DELISTED
Verifone Systems Inc
PAY
| $11.1M | 0.02% |
+624,319
| New | +$10.4M |
|
|
SKX
1159
DELISTED
Skechers
SKX
| $11.1M | 0.02% |
449,600
+32,900
| +8% | +$759K |
|
|
PTVCB
1160
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $11M | 0.02% |
437,200
+147,127
| +51% | +$3.74M |
|
1161
Great Southern Bancorp
GSBC
$886M
| $11M | 0.02% |
201,300
-14,041
| -7% | -$665K |
|
|
SCNB
1162
DELISTED
Suffolk Bancorp
SCNB
| $11M | 0.02% |
256,800
+48,100
| +23% | +$1.88M |
|
|
MENT
1163
DELISTED
Mentor Graphics Corp
MENT
| $11M | 0.02% |
297,698
-292,400
| -50% | -$9.55M |
|
1164
Western New England Bancorp
WNEB
$268M
| $11M | 0.02% |
1,173,230
+103,303
| +10% | +$853K |
|
1165
Corcept Therapeutics
CORT
$9.98B
| $10.9M | 0.02% |
1,507,500
+947,500
| +169% | +$7.42M |
|
|
FNGN
1166
DELISTED
Financial Engines, Inc.
FNGN
| $10.9M | 0.02% |
297,200
-122,400
| -29% | -$3.94M |
|
1167
Insperity
NSP
$2.12B
| $10.9M | 0.02% |
307,800
-147,000
| -32% | -$5.3M |
|
|
LTM
1168
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $10.9M | 0.02% |
1,334,800
-447,095
| -25% | -$3.97M |
|
1169
Altimmune
ALT
$576M
| $10.9M | 0.02% |
11,157
+9,443
| +551% | +$8.46M |
|
1170
Sonida Senior Living
SNDA
$1.99B
| $10.9M | 0.02% |
45,120
-8,567
| -16% | -$2.03M |
|
|
DST
1171
DELISTED
DST Systems Inc.
DST
| $10.9M | 0.02% |
202,600
-124,400
| -38% | -$6.56M |
|
|
ESGR
1172
DELISTED
Enstar Group
ESGR
| $10.8M | 0.02% |
54,800
+6,700
| +14% | +$1.23M |
|
1173
Arrow Financial
AROW
$660M
| $10.8M | 0.02% |
328,949
-12,422
| -4% | -$364K |
|
|
NTL
1174
DELISTED
Nortel Invesora 1/20 Ser B Shr
NTL
| $10.8M | 0.02% |
415,300
-22,300
| -5% | -$518K |
|
1175
HEICO Corp
HEI
$49.5B
| $10.8M | 0.02% |
342,380
+255,371
| +293% | +$7.67M |
|
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.