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 | |
|---|---|---|---|---|---|---|
|
PPBI
1626
DELISTED
Pacific Premier Bancorp
PPBI
| $5.29M | 0.01% |
149,800
+49,700
| +50% | +$1.49M |
|
1627
Simpson Manufacturing
SSD
$7.79B
| $5.29M | 0.01% |
121,039
+7,539
| +7% | +$338K |
|
1628
Graphic Packaging
GPK
$3.35B
| $5.29M | 0.01% |
424,118
-1,183,231
| -74% | -$15.3M |
|
1629
Timberland Bancorp
TSBK
$352M
| $5.29M | 0.01% |
255,800
+48,000
| +23% | +$869K |
|
|
HMTV
1630
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $5.28M | 0.01% |
471,682
+199,082
| +73% | +$2.35M |
|
1631
Alpha Pro Tech
APT
$49.9M
| $5.27M | 0.01% |
1,505,410
-22,512
| -1% | -$78K |
|
1632
Quantum Corp
QMCO
$411M
| $5.27M | 0.01% |
39,568
+5,411
| +16% | +$708K |
|
1633
Customers Bancorp
CUBI
$2.66B
| $5.25M | 0.01% |
+146,620
| New | +$4.33M |
|
|
FRBK
1634
DELISTED
Republic First Bancorp Inc
FRBK
| $5.25M | 0.01% |
628,400
+242,400
| +63% | +$1.34M |
|
|
KONA
1635
DELISTED
Kona Grill, Inc.
KONA
| $5.25M | 0.01% |
417,959
-6,300
| -1% | -$74.5K |
|
1636
BGC Group
BGC
$5.64B
| $5.24M | 0.01% |
796,857
-611,892
| -43% | -$3.71M |
|
|
LBAI
1637
DELISTED
Lakeland Bancorp Inc
LBAI
| $5.24M | 0.01% |
268,600
+74,900
| +39% | +$1.22M |
|
1638
First Bancorp
FNLC
$401M
| $5.22M | 0.01% |
157,600
+13,400
| +9% | +$361K |
|
1639
U-Haul Holding Co
UHAL
$14B
| $5.2M | 0.01% |
140,660
-137,770
| -49% | -$4.72M |
|
1640
Workday
WDAY
$41.5B
| $5.2M | 0.01% |
78,600
-422,200
| -84% | -$34M |
|
|
TACO
1641
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $5.18M | 0.01% |
367,000
+236,800
| +182% | +$3.29M |
|
|
COHR
1642
DELISTED
Coherent Inc
COHR
| $5.18M | 0.01% |
37,700
-31,900
| -46% | -$3.88M |
|
1643
Modine Manufacturing
MOD
$9.46B
| $5.18M | 0.01% |
347,400
-34,500
| -9% | -$433K |
|
|
HIVE
1644
DELISTED
Aerohive Networks
HIVE
| $5.17M | 0.01% |
907,500
-107,900
| -11% | -$597K |
|
|
IPAS
1645
DELISTED
Ipass Inc Common Stock
IPAS
| $5.17M | 0.01% |
313,399
-2,991
| -0.9% | -$49.2K |
|
|
MFSF
1646
DELISTED
MutualFirst Financial Inc
MFSF
| $5.17M | 0.01% |
156,180
+17,980
| +13% | +$527K |
|
1647
Par Pacific Holdings
PARR
$4.17B
| $5.17M | 0.01% |
355,300
+224,300
| +171% | +$3.2M |
|
|
SRT
1648
DELISTED
Startek Inc.
SRT
| $5.16M | 0.01% |
610,400
+112,000
| +22% | +$854K |
|
1649
TechTarget
TTGT
$327M
| $5.15M | 0.01% |
603,700
+135,148
| +29% | +$1.13M |
|
1650
Malibu Boats
MBUU
$548M
| $5.14M | 0.01% |
269,576
+141,976
| +111% | +$2.39M |
|
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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.