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 | |
|---|---|---|---|---|---|---|
901
Energy Transfer Partners
ET
$70.1B
| $14M | 0.03% |
1,966,668
| – | – |
|
902
O'Reilly Automotive
ORLY
$75.4B
| $14M | 0.03% |
767,910
-3,798,000
| -83% | -$64.9M |
|
903
WEC Energy
WEC
$36.6B
| $14M | 0.03% |
232,402
+202,900
| +688% | +$11.4M |
|
904
Howard Hughes
HHH
$4.02B
| $13.9M | 0.03% |
138,153
-17,232
| -11% | -$1.58M |
|
|
UHT
905
Universal Health Realty Income Trust
UHT
$625M
| $13.9M | 0.03% |
247,500
+31,600
| +15% | +$1.62M |
|
|
NEWP
906
DELISTED
NEWPORT CORP
NEWP
| $13.9M | 0.03% |
603,949
+341,149
| +130% | +$6.23M |
|
|
EEP
907
DELISTED
Enbridge Energy Partners
EEP
| $13.9M | 0.03% |
757,095
+458,883
| +154% | +$8.1M |
|
|
RKUS
908
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $13.9M | 0.03% |
1,412,000
+473,100
| +50% | +$4.37M |
|
|
IPCC
909
DELISTED
Infinity Property & Casualty C
IPCC
| $13.8M | 0.03% |
172,000
+40,891
| +31% | +$3.2M |
|
|
SWN
910
DELISTED
Southwestern Energy Company
SWN
| $13.8M | 0.03% |
1,711,900
-925,900
| -35% | -$7.1M |
|
911
Park Aerospace
PKE
$710M
| $13.8M | 0.03% |
860,000
+126,100
| +17% | +$1.88M |
|
912
Stepan Co
SCL
$1.39B
| $13.8M | 0.03% |
248,900
+63,100
| +34% | +$3.03M |
|
913
Applied Materials
AMAT
$359B
| $13.7M | 0.03% |
647,548
+501,100
| +342% | +$9.14M |
|
914
Banc of California
BANC
$2.98B
| $13.7M | 0.03% |
781,200
+364,100
| +87% | +$5.49M |
|
915
SAP
SAP
$214B
| $13.7M | 0.03% |
+169,900
| New | +$13.2M |
|
916
Chipotle Mexican Grill
CMG
$43.8B
| $13.7M | 0.03% |
1,450,000
-13,840,000
| -91% | -$132M |
|
|
UBNK
917
DELISTED
United Financial Bancorp, Inc.
UBNK
| $13.6M | 0.03% |
1,082,539
+111,025
| +11% | +$1.31M |
|
|
ILG
918
DELISTED
ILG, Inc Common Stock
ILG
| $13.6M | 0.03% |
942,800
+703,600
| +294% | +$9.12M |
|
919
Advanced Energy
AEIS
$10.3B
| $13.6M | 0.03% |
391,022
-20,400
| -5% | -$597K |
|
|
DHIL
920
DELISTED
Diamond Hill
DHIL
| $13.6M | 0.03% |
76,500
-1,500
| -2% | -$261K |
|
921
Spire
SR
$4.87B
| $13.5M | 0.03% |
199,900
+151,000
| +309% | +$9.62M |
|
922
Towne Bank
TOWN
$3.54B
| $13.5M | 0.03% |
704,257
+50,681
| +8% | +$938K |
|
923
ArcBest
ARCB
$3.08B
| $13.5M | 0.03% |
625,035
+234,300
| +60% | +$4.77M |
|
|
CTB
924
DELISTED
Cooper Tire & Rubber Co.
CTB
| $13.5M | 0.03% |
364,400
+119,300
| +49% | +$4.37M |
|
|
LVNTA
925
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $13.5M | 0.03% |
+344,692
| New | +$13.1M |
|
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.