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 | |
|---|---|---|---|---|---|---|
1051
Strategic Education
STRA
$1.98B
| $11.3M | 0.02% |
231,600
-18,600
| -7% | -$917K |
|
|
JOY
1052
DELISTED
Joy Global Inc
JOY
| $11.3M | 0.02% |
700,525
-810,510
| -54% | -$10.2M |
|
|
INXN
1053
DELISTED
Interxion Holding N.V.
INXN
| $11.3M | 0.02% |
325,500
+110,800
| +52% | +$3.45M |
|
1054
Urban Outfitters
URBN
$6.46B
| $11.3M | 0.02% |
340,100
+71,700
| +27% | +$1.9M |
|
1055
MGE Energy Inc
MGEE
$3.03B
| $11.2M | 0.02% |
214,850
+1,200
| +0.6% | +$59.1K |
|
1056
SunCoke Energy
SXC
$794M
| $11.2M | 0.02% |
1,724,309
-52,591
| -3% | -$224K |
|
|
BMTC
1057
DELISTED
Bryn Mawr Bank Corp
BMTC
| $11.2M | 0.02% |
435,400
+71,889
| +20% | +$1.87M |
|
|
ISIL
1058
DELISTED
Intersil Corp
ISIL
| $11.2M | 0.02% |
836,338
+367,100
| +78% | +$4.59M |
|
|
MITL
1059
DELISTED
Mitel Networks Corporation
MITL
| $11.2M | 0.02% |
1,364,643
+125,055
| +10% | +$885K |
|
|
TUMI
1060
DELISTED
TUMI HLDGS INC COM
TUMI
| $11.1M | 0.02% |
415,400
+233,000
| +128% | +$4.73M |
|
1061
Hackett Group
HCKT
$281M
| $11.1M | 0.02% |
734,844
+17,091
| +2% | +$244K |
|
1062
Nelnet
NNI
$4.96B
| $11.1M | 0.02% |
282,200
+58,400
| +26% | +$2.04M |
|
1063
Entravision Communication
EVC
$1.02B
| $11.1M | 0.02% |
1,492,963
+31,211
| +2% | +$230K |
|
1064
Terex
TEX
$7.37B
| $11.1M | 0.02% |
+446,200
| New | +$9.34M |
|
|
CNR
1065
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $11.1M | 0.02% |
781,268
+71,571
| +10% | +$799K |
|
1066
Q2 Holdings
QTWO
$3.78B
| $11.1M | 0.02% |
460,900
+19,500
| +4% | +$419K |
|
|
ATRI
1067
DELISTED
Atrion Corp
ATRI
| $11.1M | 0.02% |
28,000
+200
| +0.7% | +$75.6K |
|
|
SPLK
1068
DELISTED
Splunk Inc
SPLK
| $11.1M | 0.02% |
+226,000
| New | +$10.2M |
|
|
QADA
1069
DELISTED
QAD Inc.
QADA
| $11.1M | 0.02% |
520,177
+31,900
| +7% | +$616K |
|
1070
Westwood Holdings Group
WHG
$185M
| $11.1M | 0.02% |
188,400
-6,400
| -3% | -$323K |
|
|
GHDX
1071
DELISTED
Genomic Health, Inc.
GHDX
| $11M | 0.02% |
446,021
+156,421
| +54% | +$4.29M |
|
|
GSIG
1072
DELISTED
GSI GROUP INC COM STK (CDA)
GSIG
| $11M | 0.02% |
778,100
+44,500
| +6% | +$571K |
|
|
AE
1073
DELISTED
Adams Resources & Energy Inc
AE
| $11M | 0.02% |
275,300
-2,700
| -1% | -$96K |
|
|
CCF
1074
DELISTED
Chase Corporation
CCF
| $11M | 0.02% |
209,235
+25,006
| +14% | +$1.15M |
|
|
BECN
1075
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $11M | 0.02% |
267,857
+15,800
| +6% | +$601K |
|
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.