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 | |
|---|---|---|---|---|---|---|
|
JMI
1526
DELISTED
JAVELIN MTG INVESTMENT CORP COM
JMI
| $5.69M | 0.01% |
792,600
+429,500
| +118% | +$2.73M |
|
|
TEN
1527
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $5.68M | 0.01% |
110,300
-195,300
| -64% | -$8.57M |
|
|
BHBK
1528
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $5.66M | 0.01% |
413,995
+2,595
| +0.6% | +$36.4K |
|
|
STON
1529
DELISTED
StoneMor Inc.
STON
| $5.65M | 0.01% |
231,700
+189,898
| +454% | +$5.01M |
|
|
ANDX
1530
DELISTED
Andeavor Logistics LP
ANDX
| $5.65M | 0.01% |
+123,682
| New | +$5.41M |
|
1531
Ryman Hospitality Properties
RHP
$8.56B
| $5.64M | 0.01% |
+109,641
| New | +$5.29M |
|
|
PMD
1532
DELISTED
Psychemedics Corporation
PMD
| $5.64M | 0.01% |
410,400
-25,500
| -6% | -$292K |
|
1533
Oceaneering
OII
$4.64B
| $5.64M | 0.01% |
+169,600
| New | +$5.28M |
|
|
CVRR
1534
DELISTED
CVR Refining, LP
CVRR
| $5.61M | 0.01% |
464,500
+102,707
| +28% | +$1.46M |
|
|
STAY
1535
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $5.61M | 0.01% |
344,100
+265,000
| +335% | +$3.7M |
|
|
CUK
1536
DELISTED
Carnival PLC
CUK
| $5.6M | 0.01% |
103,200
+35,000
| +51% | +$1.76M |
|
1537
FTI Consulting
FCN
$5.14B
| $5.6M | 0.01% |
157,700
+31,200
| +25% | +$1.05M |
|
|
AFOP
1538
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $5.59M | 0.01% |
378,100
-8,200
| -2% | -$114K |
|
1539
Kite Realty
KRG
$5.86B
| $5.59M | 0.01% |
+201,599
| New | +$5.35M |
|
|
CTCM
1540
DELISTED
CTC MEDIA INC COM STK
CTCM
| $5.57M | 0.01% |
2,843,000
+1,150,800
| +68% | +$2.19M |
|
1541
Manulife Financial
MFC
$73B
| $5.57M | 0.01% |
+393,054
| New | +$5.27M |
|
1542
First Financial Bancorp
FFBC
$3.55B
| $5.56M | 0.01% |
305,700
+44,406
| +17% | +$753K |
|
1543
AMERISAFE
AMSF
$562M
| $5.55M | 0.01% |
105,600
+14,100
| +15% | +$710K |
|
|
RFP
1544
DELISTED
Resolute Forest Products Inc.
RFP
| $5.53M | 0.01% |
1,003,100
+237,400
| +31% | +$1.29M |
|
1545
MYR Group
MYRG
$5.01B
| $5.52M | 0.01% |
219,900
-16,200
| -7% | -$349K |
|
|
WMGI
1546
DELISTED
Wright Medical Group Inc
WMGI
| $5.52M | 0.01% |
332,478
+118,467
| +55% | +$2.2M |
|
1547
Cardinal Health
CAH
$53.7B
| $5.51M | 0.01% |
67,300
-529,400
| -89% | -$43M |
|
|
PCTI
1548
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $5.51M | 0.01% |
1,153,400
+49,801
| +5% | +$248K |
|
|
BPL
1549
DELISTED
Buckeye Partners, L.P.
BPL
| $5.5M | 0.01% |
+81,034
| New | +$4.95M |
|
1550
United States Lime & Minerals
USLM
$3.24B
| $5.5M | 0.01% |
458,500
+117,500
| +34% | +$1.27M |
|
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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.