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 | |
|---|---|---|---|---|---|---|
1601
Blackstone Mortgage Trust
BXMT
$2.77B
| $5.43M | 0.01% |
180,620
+126,640
| +235% | +$3.77M |
|
1602
NorthWestern Energy
NWE
$4.34B
| $5.42M | 0.01% |
95,400
+51,300
| +116% | +$2.88M |
|
1603
Dime Commercial Bancshares
DCOM
$1.79B
| $5.42M | 0.01% |
143,100
-10,300
| -7% | -$328K |
|
1604
Natural Alternatives International
NAII
$13.9M
| $5.42M | 0.01% |
479,300
+104,800
| +28% | +$1.31M |
|
1605
Quest Diagnostics
DGX
$26B
| $5.41M | 0.01% |
+58,900
| New | +$5.08M |
|
1606
Caleres
CAL
$432M
| $5.4M | 0.01% |
164,600
+99,600
| +153% | +$2.92M |
|
1607
Nature's Sunshine
NATR
$362M
| $5.4M | 0.01% |
360,100
+12,000
| +3% | +$175K |
|
|
CRCM
1608
DELISTED
CARE.COM, INC.
CRCM
| $5.4M | 0.01% |
630,100
+65,200
| +12% | +$574K |
|
1609
Forestar Group
FOR
$1.48B
| $5.4M | 0.01% |
405,800
+130,500
| +47% | +$1.6M |
|
|
CBK
1610
DELISTED
Christopher & Banks Corporation
CBK
| $5.39M | 0.01% |
2,303,200
+303,500
| +15% | +$520K |
|
|
TCP
1611
DELISTED
TC Pipelines LP
TCP
| $5.38M | 0.01% |
91,500
-90,200
| -50% | -$4.87M |
|
|
VSA
1612
VisionSys AI
VSA
$8.3M
| $5.38M | 0.01% |
143
+31
| +28% | +$1.19M |
|
|
PFSW
1613
DELISTED
PFSweb, Inc.
PFSW
| $5.37M | 0.01% |
631,639
-36,901
| -6% | -$303K |
|
|
NCIT
1614
DELISTED
NCI, Inc.
NCIT
| $5.37M | 0.01% |
384,725
+9,225
| +2% | +$116K |
|
|
VWR
1615
DELISTED
VWR Corporation
VWR
| $5.37M | 0.01% |
214,400
-151,900
| -41% | -$4.04M |
|
|
NSTG
1616
DELISTED
NanoString Technologies, Inc.
NSTG
| $5.36M | 0.01% |
240,200
+126,500
| +111% | +$2.71M |
|
1617
Core Molding Technologies
CMT
$201M
| $5.35M | 0.01% |
312,700
+5,100
| +2% | +$87.2K |
|
1618
Griffon
GFF
$4.02B
| $5.35M | 0.01% |
204,100
+9,100
| +5% | +$189K |
|
|
EEQ
1619
DELISTED
Enbridge Energy Management Llc
EEQ
| $5.34M | 0.01% |
248,230
+96,239
| +63% | +$1.94M |
|
|
TRR
1620
DELISTED
Trc Companies
TRR
| $5.33M | 0.01% |
502,500
+27,300
| +6% | +$254K |
|
1621
Babcock & Wilcox
BW
$1.18B
| $5.32M | 0.01% |
32,038
+25,758
| +410% | +$4.11M |
|
|
CDI
1622
DELISTED
CDI Corp.
CDI
| $5.31M | 0.01% |
717,900
+30,600
| +4% | +$210K |
|
1623
Banco Macro
BMA
$5.81B
| $5.31M | 0.01% |
82,500
+60,715
| +279% | +$4.37M |
|
1624
Home Bancorp
HBCP
$558M
| $5.31M | 0.01% |
137,500
+10,286
| +8% | +$329K |
|
|
SNBC
1625
DELISTED
Sun Bancorp Inc
SNBC
| $5.3M | 0.01% |
203,779
+97,200
| +91% | +$2.34M |
|
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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.