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 | |
|---|---|---|---|---|---|---|
376
Idexx Laboratories
IDXX
$44.8B
| $34.3M | 0.07% |
437,504
+309,804
| +243% | +$22.3M |
|
377
Logitech
LOGI
$15.7B
| $34.2M | 0.07% |
2,151,525
+730,553
| +51% | +$11.1M |
|
|
UNIT
378
Uniti Group
UNIT
$2.54B
| $34.2M | 0.07% |
1,537,686
+918,500
| +148% | +$17.8M |
|
|
PNK
379
DELISTED
Pinnacle Entertainment Inc.
PNK
| $34M | 0.06% |
967,400
+147,900
| +18% | +$4.46M |
|
380
WSFS Financial
WSFS
$4.2B
| $33.9M | 0.06% |
1,041,914
+48,509
| +5% | +$1.47M |
|
381
RH
RH
$3.36B
| $33.9M | 0.06% |
+808,200
| New | +$41.3M |
|
|
WP
382
DELISTED
Worldpay, Inc.
WP
| $33.8M | 0.06% |
627,300
-760,700
| -55% | -$37.2M |
|
383
Citizens Financial Group
CFG
$30.5B
| $33.8M | 0.06% |
+1,612,136
| New | +$34.2M |
|
|
BEAV
384
DELISTED
B/E Aerospace Inc
BEAV
| $33.5M | 0.06% |
726,506
+84,700
| +13% | +$3.63M |
|
385
Carter's
CRI
$1.45B
| $33.5M | 0.06% |
317,700
-27,900
| -8% | -$2.67M |
|
386
Aramark
ARMK
$15.1B
| $33.3M | 0.06% |
1,392,479
+157,474
| +13% | +$3.61M |
|
|
VRE
387
DELISTED
Veris Residential
VRE
| $33.3M | 0.06% |
1,415,600
-317,300
| -18% | -$6.6M |
|
388
Biogen
BIIB
$29.8B
| $33.2M | 0.06% |
+127,661
| New | +$33.7M |
|
389
SBA Communications
SBAC
$18.9B
| $33.2M | 0.06% |
331,749
+251,500
| +313% | +$24M |
|
390
Kaiser Aluminum
KALU
$2.63B
| $33.2M | 0.06% |
392,900
+45,700
| +13% | +$3.59M |
|
391
Dollar General
DG
$27.8B
| $33.1M | 0.06% |
+387,200
| New | +$29.3M |
|
392
Loews
L
$24.6B
| $33.1M | 0.06% |
866,165
+700,565
| +423% | +$25.8M |
|
393
Carlisle Companies
CSL
$14B
| $33.1M | 0.06% |
332,500
+186,400
| +128% | +$16.4M |
|
|
NPBC
394
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $33M | 0.06% |
3,105,381
+1,256,710
| +68% | +$14.3M |
|
395
Labcorp
LH
$25.4B
| $33M | 0.06% |
328,021
+191,245
| +140% | +$18.3M |
|
|
GOLD
396
DELISTED
Randgold Resources Ltd
GOLD
| $32.9M | 0.06% |
+361,900
| New | +$29.1M |
|
|
NFX
397
DELISTED
Newfield Exploration
NFX
| $32.6M | 0.06% |
981,000
+166,600
| +20% | +$4.7M |
|
398
Starbucks
SBUX
$118B
| $32.5M | 0.06% |
544,984
-840,600
| -61% | -$48.9M |
|
399
PENN Entertainment
PENN
$2.84B
| $32.5M | 0.06% |
1,946,100
+502,000
| +35% | +$7.2M |
|
400
First Solar
FSLR
$21.5B
| $32.3M | 0.06% |
+472,400
| New | +$31.7M |
|
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.