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 | |
|---|---|---|---|---|---|---|
2226
First Bancorp
FBP
$4.41B
| $2.04M | ﹤0.01% |
308,713
-59,087
| -16% | -$348K |
|
2227
Heritage Insurance Holdings
HRTG
$903M
| $2.04M | ﹤0.01% |
130,200
-107,700
| -45% | -$1.5M |
|
2228
Paylocity
PCTY
$7.75B
| $2.04M | ﹤0.01% |
67,900
+42,360
| +166% | +$1.58M |
|
2229
Pluri
PLUR
$17M
| $2.04M | ﹤0.01% |
17,810
+1,416
| +9% | +$172K |
|
|
KND
2230
DELISTED
Kindred Healthcare
KND
| $2.04M | ﹤0.01% |
259,280
+65,400
| +34% | +$537K |
|
2231
Napco Security Technologies
NSSC
$1.3B
| $2.03M | ﹤0.01% |
478,600
+19,800
| +4% | +$75.9K |
|
|
NCOM
2232
DELISTED
National Commerce Corporation
NCOM
| $2.03M | ﹤0.01% |
54,700
+43,530
| +390% | +$1.36M |
|
|
AGR
2233
DELISTED
Avangrid, Inc.
AGR
| $2.03M | ﹤0.01% |
53,500
-118,600
| -69% | -$4.53M |
|
|
RTK
2234
DELISTED
Rentech, Inc.
RTK
| $2.02M | ﹤0.01% |
816,174
+31,200
| +4% | +$69.8K |
|
|
EVOL
2235
DELISTED
Evolving Systems, Inc.
EVOL
| $2.02M | ﹤0.01% |
493,099
+30,200
| +7% | +$125K |
|
2236
Inuvo
INUV
$15.3M
| $2.02M | ﹤0.01% |
120,892
-2,590
| -2% | -$34.1K |
|
|
AVXS
2237
DELISTED
AveXis, Inc. Common Stock
AVXS
| $2.02M | ﹤0.01% |
42,300
-11,600
| -22% | -$620K |
|
|
FSAM
2238
DELISTED
Fifth Street Asset Management Inc. Class A
FSAM
| $2.02M | ﹤0.01% |
300,700
+144,900
| +93% | +$827K |
|
|
BHR
2239
Braemar Hotels & Resorts
BHR
$163M
| $2.01M | ﹤0.01% |
148,991
+3,165
| +2% | +$42K |
|
|
HIL
2240
DELISTED
Hill International, Inc. Common Stock
HIL
| $2.01M | ﹤0.01% |
462,600
+9,700
| +2% | +$38.6K |
|
|
ORIG
2241
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $2M | ﹤0.01% |
125
-33
| -21% | -$414K |
|
|
KSPN
2242
DELISTED
Kaspien Holdings Inc. Common Stock
KSPN
| $2M | ﹤0.01% |
30,675
+344
| +1% | +$24.5K |
|
2243
Oppenheimer Holdings
OPY
$1.18B
| $2M | ﹤0.01% |
107,500
+87,500
| +438% | +$1.44M |
|
|
NEWS
2244
DELISTED
NewStar Financial, Inc.
NEWS
| $2M | ﹤0.01% |
+215,700
| New | +$2.03M |
|
2245
Century Aluminum
CENX
$4.22B
| $1.98M | ﹤0.01% |
231,266
-5,933
| -3% | -$50.7K |
|
2246
Foster
FSTR
$421M
| $1.98M | ﹤0.01% |
145,500
+19,900
| +16% | +$258K |
|
|
ELGX
2247
DELISTED
Endologix Inc
ELGX
| $1.97M | ﹤0.01% |
34,452
+5,580
| +19% | +$511K |
|
|
MRIN
2248
DELISTED
Marin Software
MRIN
| $1.97M | ﹤0.01% |
19,905
+410
| +2% | +$40.4K |
|
|
HCCI
2249
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $1.96M | ﹤0.01% |
124,800
+36,900
| +42% | +$532K |
|
|
XRM
2250
DELISTED
Xerium Technologies Inc (new)
XRM
| $1.95M | ﹤0.01% |
346,100
+19,200
| +6% | +$127K |
|
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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.