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 | |
|---|---|---|---|---|---|---|
1226
RCI Hospitality Holdings
RICK
$202M
| $10M | 0.02% |
584,800
+247,600
| +73% | +$3.2M |
|
|
CHSP
1227
DELISTED
Chesapeake Lodging Trust
CHSP
| $9.99M | 0.02% |
386,300
-4,400
| -1% | -$104K |
|
1228
SL Green Realty
SLG
$3.83B
| $9.98M | 0.02% |
95,864
-378,745
| -80% | -$38.4M |
|
|
RNET
1229
DELISTED
RigNet, Inc.
RNET
| $9.97M | 0.02% |
430,600
+66,400
| +18% | +$1.18M |
|
1230
Utah Medical Products
UTMD
$226M
| $9.97M | 0.02% |
137,000
+2,000
| +1% | +$130K |
|
1231
Green Dot
GDOT
$750M
| $9.96M | 0.02% |
422,800
+34,000
| +9% | +$796K |
|
|
AFSI
1232
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $9.95M | 0.02% |
363,550
-178,262
| -33% | -$4.74M |
|
|
FIT
1233
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $9.95M | 0.02% |
1,359,600
-654,220
| -32% | -$6.7M |
|
1234
United States Lime & Minerals
USLM
$3.24B
| $9.93M | 0.02% |
655,500
+58,500
| +10% | +$824K |
|
1235
PENN Entertainment
PENN
$2.84B
| $9.91M | 0.02% |
718,400
-1,219,600
| -63% | -$16.6M |
|
|
PACW
1236
DELISTED
PacWest Bancorp
PACW
| $9.91M | 0.02% |
+181,953
| New | +$8.8M |
|
1237
First Financial Bancorp
FFBC
$3.55B
| $9.89M | 0.02% |
347,800
+17,800
| +5% | +$439K |
|
1238
Harmony Gold Mining
HMY
$9.7B
| $9.89M | 0.02% |
4,476,799
-1,430,400
| -24% | -$3.8M |
|
1239
Brink's
BCO
$5.01B
| $9.88M | 0.02% |
239,400
-7,700
| -3% | -$309K |
|
1240
Inogen
INGN
$174M
| $9.85M | 0.02% |
146,700
-34,800
| -19% | -$2.15M |
|
1241
Conagra Brands
CAG
$7.42B
| $9.84M | 0.02% |
248,900
-1,925,706
| -89% | -$72M |
|
1242
Clearfield
CLFD
$401M
| $9.84M | 0.02% |
475,199
+39,000
| +9% | +$741K |
|
1243
Benchmark Electronics
BHE
$2.66B
| $9.83M | 0.02% |
322,200
-85,500
| -21% | -$2.34M |
|
|
HTBK
1244
DELISTED
Heritage Commerce
HTBK
| $9.83M | 0.02% |
681,000
+386,400
| +131% | +$4.7M |
|
|
AM
1245
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $9.8M | 0.02% |
317,285
+11,000
| +4% | +$316K |
|
1246
Universal Corp
UVV
$1.37B
| $9.77M | 0.02% |
153,200
+52,600
| +52% | +$3M |
|
|
PRGX
1247
DELISTED
PRGX Global, Inc.
PRGX
| $9.74M | 0.02% |
1,650,490
+34,310
| +2% | +$177K |
|
|
FARO
1248
DELISTED
Faro Technologies
FARO
| $9.73M | 0.02% |
270,400
+48,158
| +22% | +$1.71M |
|
|
ILG
1249
DELISTED
ILG, Inc Common Stock
ILG
| $9.73M | 0.02% |
535,721
-148,883
| -22% | -$2.6M |
|
1250
MGE Energy Inc
MGEE
$3.03B
| $9.7M | 0.02% |
148,550
+20,900
| +16% | +$1.25M |
|
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.