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 | |
|---|---|---|---|---|---|---|
501
Bank OZK
OZK
$5.62B
| $26.8M | 0.05% |
639,340
+392,023
| +159% | +$16.5M |
|
502
Renasant Corp
RNST
$4.05B
| $26.8M | 0.05% |
815,339
+67,800
| +9% | +$2.16M |
|
|
GHL
503
DELISTED
Greenhill & Co., Inc.
GHL
| $26.8M | 0.05% |
1,208,200
+322,300
| +36% | +$7.39M |
|
|
GES
504
DELISTED
Guess Inc
GES
| $26.8M | 0.05% |
1,428,700
+1,259,500
| +744% | +$24.2M |
|
505
Universal Health Services
UHS
$10.1B
| $26.8M | 0.05% |
215,000
+35,800
| +20% | +$4.03M |
|
506
Valmont Industries
VMI
$9.33B
| $26.8M | 0.05% |
216,400
+151,300
| +232% | +$16.8M |
|
|
AD
507
Array Digital Infrastructure
AD
$3.03B
| $26.7M | 0.05% |
584,000
+46,400
| +9% | +$1.81M |
|
|
FLIR
508
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $26.6M | 0.05% |
808,660
-97,000
| -11% | -$3M |
|
|
LVLT
509
DELISTED
Level 3 Communications Inc
LVLT
| $26.6M | 0.05% |
503,873
+472,600
| +1,511% | +$23.3M |
|
510
Graham Holdings Company
GHC
$5.23B
| $26.4M | 0.05% |
55,000
+23,200
| +73% | +$11.1M |
|
|
LTXB
511
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $26.4M | 0.05% |
1,343,399
-11,182
| -0.8% | -$218K |
|
512
Argan
AGX
$7.33B
| $26.4M | 0.05% |
750,000
-24,100
| -3% | -$756K |
|
513
Repligen
RGEN
$8.2B
| $26.3M | 0.05% |
982,404
+200,300
| +26% | +$4.9M |
|
|
DST
514
DELISTED
DST Systems Inc.
DST
| $26.3M | 0.05% |
+467,200
| New | +$24.9M |
|
|
AEPI
515
DELISTED
AEP Industries Inc
AEPI
| $26.3M | 0.05% |
398,746
-2,200
| -0.5% | -$166K |
|
516
DuPont de Nemours
DD
$19B
| $26.3M | 0.05% |
203,877
-272,508
| -57% | -$32.7M |
|
|
FNFG
517
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $26.3M | 0.05% |
2,711,769
+1,383,580
| +104% | +$13.4M |
|
|
EVHC
518
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $26.2M | 0.05% |
428,722
+283,232
| +195% | +$18.6M |
|
519
Kulicke & Soffa
KLIC
$4.76B
| $26.2M | 0.05% |
2,312,828
+247,500
| +12% | +$2.7M |
|
|
HAWK
520
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $26.1M | 0.05% |
760,063
+427,700
| +129% | +$15.6M |
|
521
Shenandoah Telecom
SHEN
$655M
| $26.1M | 0.05% |
973,820
-114,182
| -10% | -$2.62M |
|
522
LendingTree
TREE
$572M
| $25.9M | 0.05% |
264,900
-77,000
| -23% | -$6.01M |
|
523
Nabors Industries
NBR
$1.12B
| $25.9M | 0.05% |
56,280
+36,330
| +182% | +$13.5M |
|
524
Itron
ITRI
$4.75B
| $25.8M | 0.05% |
619,361
+220,461
| +55% | +$8.15M |
|
|
ALR
525
DELISTED
Alere Inc
ALR
| $25.6M | 0.05% |
506,724
-371,700
| -42% | -$17.8M |
|
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.