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 | |
|---|---|---|---|---|---|---|
|
ANDV
576
DELISTED
Andeavor
ANDV
| $22.9M | 0.04% |
266,000
-500,400
| -65% | -$43M |
|
577
New York Times
NYT
$12.2B
| $22.8M | 0.04% |
1,830,900
+483,900
| +36% | +$6.13M |
|
578
Sun Communities
SUI
$15.3B
| $22.8M | 0.04% |
318,000
+314,500
| +8,986% | +$21.2M |
|
579
Westlake Corp
WLK
$9.25B
| $22.6M | 0.04% |
488,900
+189,700
| +63% | +$8.61M |
|
580
Graphic Packaging
GPK
$3.45B
| $22.6M | 0.04% |
1,761,118
+1,406,500
| +397% | +$17.1M |
|
581
Campbell Soup
CPB
$6.8B
| $22.6M | 0.04% |
354,700
-274,100
| -44% | -$16.1M |
|
|
WCG
582
DELISTED
Wellcare Health Plans, Inc.
WCG
| $22.6M | 0.04% |
243,900
+192,800
| +377% | +$16M |
|
583
FirstService
FSV
$6.58B
| $22.6M | 0.04% |
552,138
+51,917
| +10% | +$1.97M |
|
584
Vulcan Materials
VMC
$37.4B
| $22.6M | 0.04% |
214,065
+17,800
| +9% | +$1.69M |
|
585
Pearson
PSO
$10.5B
| $22.6M | 0.04% |
1,800,300
+134,900
| +8% | +$1.54M |
|
586
Axos Financial
AX
$5.64B
| $22.4M | 0.04% |
1,050,800
-192,100
| -15% | -$3.48M |
|
|
NMBL
587
DELISTED
Nimble Storage, Inc.
NMBL
| $22.3M | 0.04% |
2,849,300
+1,504,300
| +112% | +$10.7M |
|
588
Waters Corp
WAT
$37.7B
| $22.3M | 0.04% |
169,200
-127,496
| -43% | -$15.9M |
|
|
SHOR
589
DELISTED
ShoreTel, Inc.
SHOR
| $22.2M | 0.04% |
2,990,358
-176,326
| -6% | -$1.35M |
|
|
IL
590
DELISTED
IntraLinks Holdings Inc.
IL
| $22.2M | 0.04% |
2,819,500
+335,400
| +14% | +$2.63M |
|
591
Regis Corp
RGS
$68.2M
| $22.2M | 0.04% |
73,130
-8,525
| -10% | -$2.47M |
|
|
XOXO
592
DELISTED
Xo Group Inc
XOXO
| $22.2M | 0.04% |
1,382,200
+81,600
| +6% | +$1.22M |
|
|
HSII
593
DELISTED
Heidrick & Struggles
HSII
| $22.2M | 0.04% |
935,302
+65,800
| +8% | +$1.59M |
|
594
Quanex
NX
$893M
| $22.1M | 0.04% |
1,273,000
+291,300
| +30% | +$5.14M |
|
|
ARI
595
Apollo Commercial Real Estate
ARI
$881M
| $22M | 0.04% |
1,352,600
+46,200
| +4% | +$742K |
|
596
Landstar System
LSTR
$6.29B
| $22M | 0.04% |
341,140
+64,105
| +23% | +$3.86M |
|
597
Incyte
INCY
$26B
| $22M | 0.04% |
+304,000
| New | +$22.7M |
|
|
TCO
598
DELISTED
Taubman Centers Inc.
TCO
| $22M | 0.04% |
309,300
+295,400
| +2,125% | +$20.9M |
|
|
CORE
599
DELISTED
Core Mark Holding Co., Inc.
CORE
| $22M | 0.04% |
538,400
+64,800
| +14% | +$2.49M |
|
|
CMO
600
DELISTED
Capstead Mortgage Corp.
CMO
| $21.9M | 0.04% |
2,219,000
+1,062,500
| +92% | +$9.87M |
|
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.