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 | |
|---|---|---|---|---|---|---|
2726
Verastem
VSTM
$528M
| $723K | ﹤0.01% |
38,120
+31,041
| +438% | +$498K |
|
|
PPIH
2727
Perma-Pipe International
PPIH
$189M
| $718K | ﹤0.01% |
102,600
+14,400
| +16% | +$101K |
|
|
OSIR
2728
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
| $717K | ﹤0.01% |
125,641
-46,066
| -27% | -$322K |
|
|
HMNF
2729
DELISTED
HMN Financial Inc
HMNF
| $714K | ﹤0.01% |
63,400
+2,300
| +4% | +$26K |
|
2730
Triumph Financial Inc
TFIN
$1.81B
| $712K | ﹤0.01% |
45,000
+5,300
| +13% | +$76.1K |
|
2731
Eagle Materials
EXP
$6.49B
| $708K | ﹤0.01% |
+10,100
| New | +$588K |
|
|
PES
2732
DELISTED
Pioneer Energy Services Corp.
PES
| $707K | ﹤0.01% |
321,298
-182,522
| -36% | -$301K |
|
2733
Regional Management Corp
RM
$390M
| $702K | ﹤0.01% |
41,000
-25,500
| -38% | -$373K |
|
|
CCR
2734
DELISTED
CONSOL Coal Resources LP
CCR
| $698K | ﹤0.01% |
+97,201
| New | +$681K |
|
|
SCS
2735
DELISTED
Steelcase
SCS
| $695K | ﹤0.01% |
+46,600
| New | +$620K |
|
|
BSTG
2736
DELISTED
Biostage, Inc. Common Stock
BSTG
| $690K | ﹤0.01% |
385,400
-8,400
| -2% | -$13.9K |
|
2737
New Jersey Resources
NJR
$6B
| $689K | ﹤0.01% |
18,900
-51,100
| -73% | -$1.77M |
|
|
ZGNX
2738
DELISTED
Zogenix, Inc.
ZGNX
| $685K | ﹤0.01% |
74,087
-62,800
| -46% | -$629K |
|
2739
Landmark Bancorp
LARK
$195M
| $683K | ﹤0.01% |
44,480
+5,212
| +13% | +$79.1K |
|
|
IEC
2740
DELISTED
IEC Electronics Corp.
IEC
| $681K | ﹤0.01% |
151,400
+78,800
| +109% | +$301K |
|
2741
iShares China Large-Cap ETF
FXI
$4.32B
| $679K | ﹤0.01% |
20,100
+7,000
| +53% | +$220K |
|
|
CNBKA
2742
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $677K | ﹤0.01% |
17,400
+3,400
| +24% | +$136K |
|
2743
HCI Group
HCI
$2.34B
| $676K | ﹤0.01% |
20,300
-36,000
| -64% | -$1.17M |
|
2744
Freshpet
FRPT
$3.04B
| $671K | ﹤0.01% |
+91,500
| New | +$638K |
|
|
MDC
2745
DELISTED
M.D.C. Holdings, Inc.
MDC
| $669K | ﹤0.01% |
+37,082
| New | +$598K |
|
|
ONVI
2746
DELISTED
Onvia, Inc.
ONVI
| $669K | ﹤0.01% |
191,000
+4,800
| +3% | +$17.4K |
|
|
AIOT
2747
PowerFleet Inc
AIOT
$537M
| $667K | ﹤0.01% |
153,715
-1,500
| -1% | -$6.36K |
|
|
KTEC
2748
DELISTED
Key Technology Inc
KTEC
| $667K | ﹤0.01% |
97,800
+10,300
| +12% | +$76.7K |
|
|
GOL
2749
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $660K | ﹤0.01% |
438,200
+237,500
| +118% | +$273K |
|
2750
Aspen Aerogels
ASPN
$339M
| $659K | ﹤0.01% |
146,500
+18,400
| +14% | +$83.4K |
|
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.