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 |
PepsiCo
PEP
|
+$192M |
| 2 |
Johnson & Johnson
JNJ
|
+$179M |
| 3 |
EMC
EMC CORPORATION
EMC
|
+$177M |
| 4 |
Chubb
CB
|
+$153M |
| 5 |
Eli Lilly
LLY
|
+$142M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$470M |
| 2 |
PRE
PARTNERRE LTD
PRE
|
+$186M |
| 3 |
Comcast
CMCSA
|
+$179M |
| 4 |
Pfizer
PFE
|
+$168M |
| 5 |
Gilead Sciences
GILD
|
+$144M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.92% |
| 2 | Healthcare | 11.63% |
| 3 | Technology | 11.35% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Staples | 10.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Robert Half
RHI
$4.07B
| $48.9M | 0.09% |
1,049,000
+328,800
| +46% | +$13.8M |
|
|
MODV
252
DELISTED
ModivCare
MODV
| $48.8M | 0.09% |
955,500
+33,600
| +4% | +$1.57M |
|
253
Visa
V
$689B
| $48.7M | 0.09% |
637,100
-120,600
| -16% | -$8.76M |
|
|
RPAI
254
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $48.5M | 0.09% |
3,062,183
+521,128
| +21% | +$7.86M |
|
255
Altria Group
MO
$122B
| $48.5M | 0.09% |
773,418
+356,018
| +85% | +$21.5M |
|
256
Gold Fields
GFI
$29.4B
| $48.3M | 0.09% |
12,257,500
+5,087,300
| +71% | +$19M |
|
257
Fortinet
FTNT
$112B
| $48.1M | 0.09% |
7,857,500
+4,152,000
| +112% | +$22.9M |
|
|
PRMW
258
DELISTED
Primo Water Corporation
PRMW
| $47.3M | 0.09% |
3,403,900
+548,100
| +19% | +$6.23M |
|
259
Zimmer Biomet
ZBH
$17.8B
| $47.1M | 0.09% |
455,157
+208,266
| +84% | +$20.1M |
|
260
Equinor
EQNR
$91.4B
| $47M | 0.09% |
3,018,400
+1,231,200
| +69% | +$17.2M |
|
|
BNCL
261
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $46.7M | 0.09% |
3,414,170
+627,300
| +23% | +$8.11M |
|
262
Allegion
ALLE
$13.4B
| $46.6M | 0.09% |
731,000
+508,670
| +229% | +$31.1M |
|
|
ELNK
263
DELISTED
EarthLink Holdings Corp.
ELNK
| $46.3M | 0.09% |
8,173,139
+158,700
| +2% | +$926K |
|
|
AET
264
DELISTED
Aetna Inc
AET
| $46.3M | 0.09% |
412,190
+217,300
| +111% | +$23.3M |
|
265
RTX Corp
RTX
$294B
| $46.1M | 0.09% |
732,211
-108,370
| -13% | -$6.29M |
|
|
WR
266
DELISTED
Westar Energy Inc
WR
| $46.1M | 0.09% |
928,800
+45,100
| +5% | +$2.01M |
|
267
Devon Energy
DVN
$49.8B
| $45.6M | 0.09% |
+1,661,700
| New | +$40.4M |
|
|
LOGM
268
DELISTED
LogMein, Inc.
LOGM
| $45.5M | 0.09% |
901,000
+270,800
| +43% | +$14M |
|
269
Waste Management
WM
$95.5B
| $45M | 0.09% |
763,500
+319,400
| +72% | +$17.6M |
|
270
eBay
EBAY
$50.3B
| $45M | 0.09% |
1,887,940
-2,091,200
| -53% | -$50.9M |
|
271
Abercrombie & Fitch
ANF
$4.41B
| $45M | 0.09% |
1,427,100
+1,123,800
| +371% | +$31.5M |
|
272
Harmony Gold Mining
HMY
$9.92B
| $45M | 0.09% |
12,358,919
+2,901,720
| +31% | +$7.6M |
|
273
Evercore
EVR
$13.2B
| $44.9M | 0.09% |
868,000
+283,600
| +49% | +$13.6M |
|
274
Weyerhaeuser
WY
$17.2B
| $44.5M | 0.08% |
+1,437,520
| New | +$38.4M |
|
|
BMS
275
DELISTED
Bemis
BMS
| $44.4M | 0.08% |
857,700
+230,000
| +37% | +$11.1M |
|
Similar funds
Renaissance Technologies's Q1 2016 Portfolio in Review
As of Q1 2016, Renaissance Technologies held 3,753 positions worth $52.6B, up 15% from $45.9B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Renaissance Technologies deployed $5.31B of net new capital in Q1 2016, opening 498 new positions and adding to 2,018 existing holdings. Its largest new stake was EMC CORPORATION: 7,000,400 shares worth $187M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, up from 11% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Pfizer, an estimated $168M trimmed.
- Renaissance Technologies's largest Q1 2016 buy was EMC CORPORATION: 7,000,400 shares worth $187M.
- Renaissance Technologies added most to PepsiCo in Q1 2016, an estimated $192M increase.
- Renaissance Technologies's biggest Q1 2016 reduction was Pfizer, cutting an estimated $168M.
- Renaissance Technologies fully exited Apple in Q1 2016, selling an estimated $470M.
- Renaissance Technologies's ten largest holdings make up 7.9% of its $52.6B portfolio in Q1 2016.
- Renaissance Technologies opened 498 new positions and closed 403 in Q1 2016.
- Renaissance Technologies's portfolio value rose 15% quarter-over-quarter to $52.6B.
Based on Renaissance Technologies's 13F filing for Q1 2016, filed 13 May 2016.