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 | |
|---|---|---|---|---|---|---|
1701
Douglas Emmett
DEI
$2.05B
| $4.75M | 0.01% |
129,900
-21,900
| -14% | -$792K |
|
1702
Aclaris Therapeutics
ACRS
$715M
| $4.74M | 0.01% |
+174,600
| New | +$4.45M |
|
|
RAVN
1703
DELISTED
Raven Industries Inc
RAVN
| $4.72M | 0.01% |
187,500
-13,000
| -6% | -$309K |
|
1704
Hawkins
HWKN
$2.9B
| $4.72M | 0.01% |
175,000
-73,200
| -29% | -$1.69M |
|
|
ZEUS
1705
DELISTED
Olympic Steel
ZEUS
| $4.71M | 0.01% |
194,500
+34,600
| +22% | +$817K |
|
|
SMC
1706
Summit Midstream
SMC
$420M
| $4.71M | 0.01% |
12,488
+7,741
| +163% | +$2.64M |
|
1707
Silicon Motion
SIMO
$7.11B
| $4.71M | 0.01% |
110,879
+7,905
| +8% | +$361K |
|
1708
Woodward
WWD
$23B
| $4.71M | 0.01% |
+68,184
| New | +$4.41M |
|
1709
Climb Global Solutions
CLMB
$528M
| $4.7M | 0.01% |
1,006,000
+82,400
| +9% | +$363K |
|
1710
GSI Technology
GSIT
$201M
| $4.7M | 0.01% |
757,707
+130,207
| +21% | +$702K |
|
|
ACH
1711
DELISTED
Alum Corp of China Ltd
ACH
| $4.7M | 0.01% |
460,100
+101,600
| +28% | +$1.04M |
|
|
CVSA
1712
Covista Inc
CVSA
$4.55B
| $4.69M | 0.01% |
150,300
+33,000
| +28% | +$893K |
|
1713
Townsquare Media
TSQ
$105M
| $4.69M | 0.01% |
450,200
+384,200
| +582% | +$3.55M |
|
1714
Monolithic Power Systems
MPWR
$61.4B
| $4.68M | 0.01% |
57,100
-114,200
| -67% | -$9.17M |
|
1715
New Jersey Resources
NJR
$6B
| $4.67M | 0.01% |
131,500
+117,000
| +807% | +$3.97M |
|
|
FLY
1716
DELISTED
Fly Leasing Limited
FLY
| $4.66M | 0.01% |
350,084
+225,884
| +182% | +$2.93M |
|
1717
Chegg
CHGG
$116M
| $4.64M | 0.01% |
629,400
-301,452
| -32% | -$2.24M |
|
1718
Simulations Plus
SLP
$371M
| $4.64M | 0.01% |
481,300
-24,700
| -5% | -$224K |
|
|
OPLN
1719
Openlane
OPLN
$4.28B
| $4.64M | 0.01% |
287,450
-1,261,026
| -81% | -$20.1M |
|
|
MOFG
1720
DELISTED
MidWestOne Financial Group
MOFG
| $4.63M | 0.01% |
123,100
+11,800
| +11% | +$393K |
|
1721
C&F Financial
CFFI
$275M
| $4.62M | 0.01% |
92,646
+11,146
| +14% | +$500K |
|
|
CARO
1722
DELISTED
Carolina Financial Corp.
CARO
| $4.61M | 0.01% |
+149,700
| New | +$3.84M |
|
|
SIFI
1723
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $4.54M | 0.01% |
294,800
+59,400
| +25% | +$830K |
|
1724
Consolidated Water Co
CWCO
$472M
| $4.53M | 0.01% |
417,487
+37,287
| +10% | +$411K |
|
1725
Clear Channel Outdoor Holdings
CCO
$1.22B
| $4.53M | 0.01% |
896,100
+34,600
| +4% | +$193K |
|
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.