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 | |
|---|---|---|---|---|---|---|
|
WSTC
1776
DELISTED
West Corporation
WSTC
| $4.25M | 0.01% |
171,500
+31,100
| +22% | +$722K |
|
1777
STRATTEC Security
STRT
$376M
| $4.24M | 0.01% |
105,271
+11,806
| +13% | +$449K |
|
|
LAND
1778
Gladstone Land Corp
LAND
$365M
| $4.24M | 0.01% |
376,900
-1,200
| -0.3% | -$12.8K |
|
|
RBS.PRH.CL
1779
DELISTED
Royal Bank Of Scotland Group
RBS.PRH.CL
| $4.24M | 0.01% |
167,409
+75,500
| +82% | +$1.92M |
|
|
SWIR
1780
DELISTED
Sierra Wireless
SWIR
| $4.23M | 0.01% |
269,684
+221,200
| +456% | +$3.3M |
|
1781
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $4.23M | 0.01% |
60,992
-76,176
| -56% | -$4.6M |
|
1782
Boyd Gaming
BYD
$6.75B
| $4.22M | 0.01% |
209,400
-169,600
| -45% | -$3.26M |
|
1783
HealthStream
HSTM
$863M
| $4.22M | 0.01% |
168,400
-91,000
| -35% | -$2.34M |
|
1784
Radware
RDWR
$983M
| $4.22M | 0.01% |
289,300
+179,700
| +164% | +$2.39M |
|
1785
Blue Bird Corp
BLBD
$2.29B
| $4.21M | 0.01% |
272,600
+135,100
| +98% | +$2.1M |
|
|
POLY
1786
DELISTED
Plantronics, Inc.
POLY
| $4.2M | 0.01% |
76,700
+9,700
| +14% | +$507K |
|
1787
Hudbay
HBM
$9.76B
| $4.19M | 0.01% |
734,563
+186,681
| +34% | +$999K |
|
|
LHCG
1788
DELISTED
LHC Group LLC
LHCG
| $4.19M | 0.01% |
91,600
-80,400
| -47% | -$3.27M |
|
|
MBRG
1789
DELISTED
Middleburg Financial Corp
MBRG
| $4.18M | 0.01% |
120,200
+56,500
| +89% | +$1.82M |
|
|
TGI
1790
DELISTED
Triumph Group
TGI
| $4.17M | 0.01% |
157,300
-17,000
| -10% | -$452K |
|
|
NAME
1791
DELISTED
Rightside Group, Ltd.
NAME
| $4.17M | 0.01% |
503,805
-26,000
| -5% | -$214K |
|
1792
PC Connection
CNXN
$2.09B
| $4.15M | 0.01% |
147,700
-7,900
| -5% | -$209K |
|
1793
Raymond James Financial
RJF
$33.5B
| $4.14M | 0.01% |
+89,663
| New | +$3.96M |
|
|
TNH
1794
DELISTED
Terra Nitrogen
TNH
| $4.12M | 0.01% |
40,102
+24,391
| +155% | +$2.57M |
|
1795
Shore Bancshares
SHBI
$820M
| $4.1M | 0.01% |
268,700
+32,600
| +14% | +$450K |
|
|
IXYS
1796
DELISTED
IXYS Corp
IXYS
| $4.09M | 0.01% |
343,872
+61,672
| +22% | +$701K |
|
1797
Applied Optoelectronics
AAOI
$6.14B
| $4.08M | 0.01% |
+174,100
| New | +$4.03M |
|
1798
SPS Commerce
SPSC
$2.55B
| $4.08M | 0.01% |
116,600
-87,800
| -43% | -$3M |
|
|
HNH
1799
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $4.07M | 0.01% |
159,380
| – | – |
|
1800
Builders FirstSource
BLDR
$7.29B
| $4.07M | 0.01% |
370,800
-5,200
| -1% | -$56.4K |
|
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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.