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 | |
|---|---|---|---|---|---|---|
1351
Westamerica Bancorp
WABC
$1.39B
| $8.41M | 0.01% |
133,700
-51,500
| -28% | -$2.92M |
|
1352
eHealth
EHTH
$41.9M
| $8.41M | 0.01% |
789,500
+35,800
| +5% | +$365K |
|
1353
Sterling Infrastructure
STRL
$15.2B
| $8.4M | 0.01% |
993,000
+340,200
| +52% | +$2.72M |
|
|
OKSB
1354
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $8.4M | 0.01% |
289,641
+53,741
| +23% | +$1.18M |
|
|
CHA
1355
DELISTED
China Telecom Corporation, LTD
CHA
| $8.38M | 0.01% |
181,600
+104,700
| +136% | +$5.18M |
|
|
GNC
1356
DELISTED
GNC Holdings, Inc.
GNC
| $8.35M | 0.01% |
756,100
+593,200
| +364% | +$9.28M |
|
1357
Chemed
CHE
$7.16B
| $8.32M | 0.01% |
51,900
-42,900
| -45% | -$6.3M |
|
1358
Watsco Inc
WSO
$13.2B
| $8.32M | 0.01% |
56,200
-24,800
| -31% | -$3.59M |
|
|
LBY
1359
DELISTED
Libbey, Inc.
LBY
| $8.32M | 0.01% |
427,500
+87,800
| +26% | +$1.59M |
|
|
GV
1360
DELISTED
Goldfield Corporation
GV
| $8.31M | 0.01% |
1,629,599
+560,200
| +52% | +$1.98M |
|
|
CTXS
1361
DELISTED
Citrix Systems Inc
CTXS
| $8.28M | 0.01% |
116,388
-46,853
| -29% | -$3.24M |
|
1362
Jakks Pacific
JAKK
$303M
| $8.26M | 0.01% |
160,430
-3,323
| -2% | -$230K |
|
1363
TAL Education Group
TAL
$6.04B
| $8.25M | 0.01% |
705,600
-499,800
| -41% | -$6.11M |
|
1364
Tilly's
TLYS
$114M
| $8.25M | 0.01% |
625,300
-34,900
| -5% | -$389K |
|
1365
WPP
WPP
$4.67B
| $8.22M | 0.01% |
74,329
+28,800
| +63% | +$3.12M |
|
1366
Build-A-Bear
BBW
$445M
| $8.22M | 0.01% |
597,965
-17,635
| -3% | -$234K |
|
1367
DexCom
DXCM
$29B
| $8.22M | 0.01% |
+550,572
| New | +$9.75M |
|
1368
Alarm.com
ALRM
$2.75B
| $8.18M | 0.01% |
293,800
+124,400
| +73% | +$3.61M |
|
1369
Anika Therapeutics
ANIK
$215M
| $8.17M | 0.01% |
166,800
-40,900
| -20% | -$1.89M |
|
1370
CubeSmart
CUBE
$9.61B
| $8.16M | 0.01% |
+304,800
| New | +$7.81M |
|
|
CAB
1371
DELISTED
Cabela's Inc
CAB
| $8.14M | 0.01% |
+139,000
| New | +$8.63M |
|
|
CORR
1372
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $8.13M | 0.01% |
233,029
+132,900
| +133% | +$4.07M |
|
1373
Bank of Marin Bancorp
BMRC
$460M
| $8.13M | 0.01% |
233,040
+20,240
| +10% | +$606K |
|
1374
IDEX
IEX
$17B
| $8.12M | 0.01% |
90,125
+40,900
| +83% | +$3.7M |
|
1375
Compañía de Minas Buenaventura
BVN
$7.68B
| $8.11M | 0.01% |
718,920
+484,720
| +207% | +$5.79M |
|
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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.