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 | |
|---|---|---|---|---|---|---|
|
ACBI
1876
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $3.65M | 0.01% |
191,816
+107,916
| +129% | +$1.73M |
|
|
NSM
1877
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.63M | 0.01% |
201,200
+89,000
| +79% | +$1.47M |
|
|
OSG
1878
Octave Specialty Group
OSG
$257M
| $3.62M | 0.01% |
160,800
+10,000
| +7% | +$218K |
|
|
OMED
1879
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $3.62M | 0.01% |
469,300
+217,700
| +87% | +$2M |
|
|
INTX
1880
DELISTED
Intersections, Inc.
INTX
| $3.62M | 0.01% |
906,000
+22,400
| +3% | +$57K |
|
1881
VSE Corp
VSEC
$5.19B
| $3.61M | 0.01% |
93,000
-9,300
| -9% | -$333K |
|
|
ONDK
1882
DELISTED
On Deck Capital, Inc.
ONDK
| $3.6M | 0.01% |
776,800
+459,300
| +145% | +$2.15M |
|
1883
RELX
RELX
$66.7B
| $3.59M | 0.01% |
199,928
+64,400
| +48% | +$1.14M |
|
|
CCUR
1884
DELISTED
CCUR Holdings, Inc. Common Stock
CCUR
| $3.58M | 0.01% |
670,019
-4,200
| -0.6% | -$23.7K |
|
1885
Avnet
AVT
$6.86B
| $3.58M | 0.01% |
75,100
-295,627
| -80% | -$13.2M |
|
|
SAFE
1886
Safehold
SAFE
$1.17B
| $3.56M | 0.01% |
59,208
+31,083
| +111% | +$1.77M |
|
|
BNCN
1887
DELISTED
BNC Bancorp
BNCN
| $3.56M | 0.01% |
111,551
-51,341
| -32% | -$1.44M |
|
1888
Rush Enterprises Class A
RUSHA
$6.34B
| $3.55M | 0.01% |
250,650
+112,725
| +82% | +$1.39M |
|
|
ENLC
1889
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.55M | 0.01% |
186,532
+37,445
| +25% | +$642K |
|
1890
Nexstar Media Group
NXST
$6.01B
| $3.55M | 0.01% |
56,100
-10,600
| -16% | -$607K |
|
|
SYNC
1891
DELISTED
Synacor, Inc.
SYNC
| $3.55M | 0.01% |
1,144,200
+112,100
| +11% | +$333K |
|
|
RLH
1892
DELISTED
Red Lions Hotel Corporation
RLH
| $3.54M | 0.01% |
424,589
+106,289
| +33% | +$916K |
|
|
TNAV
1893
DELISTED
Telenav Inc.
TNAV
| $3.54M | 0.01% |
502,700
+51,300
| +11% | +$313K |
|
|
PWOD
1894
DELISTED
Penns Woods Bancorp
PWOD
| $3.54M | 0.01% |
105,000
+25,050
| +31% | +$771K |
|
1895
NRG Energy
NRG
$26.2B
| $3.53M | 0.01% |
+288,087
| New | +$3.32M |
|
|
TFCFA
1896
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $3.52M | 0.01% |
125,731
-2,834,669
| -96% | -$76.3M |
|
|
AOI
1897
DELISTED
Alliance One International
AOI
| $3.52M | 0.01% |
183,180
-15,200
| -8% | -$257K |
|
1898
Citizens & Northern Corp
CZNC
$449M
| $3.51M | 0.01% |
134,100
+4,400
| +3% | +$103K |
|
1899
Superior Group of Companies
SGC
$199M
| $3.51M | 0.01% |
178,700
-1,400
| -0.8% | -$26.4K |
|
|
DS
1900
DELISTED
Drive Shack Inc.
DS
| $3.5M | 0.01% |
932,100
+495,500
| +113% | +$2.19M |
|
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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.