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 | |
|---|---|---|---|---|---|---|
|
ESL
1551
DELISTED
Esterline Technologies
ESL
| $5.5M | 0.01% |
85,800
-190,500
| -69% | -$12.5M |
|
1552
Delek US
DK
$3.98B
| $5.49M | 0.01% |
360,339
-71,161
| -16% | -$1.15M |
|
|
TDAY
1553
USA Today Co
TDAY
$1.29B
| $5.49M | 0.01% |
+329,900
| New | +$5.38M |
|
1554
Western Midstream Partners
WES
$19.4B
| $5.49M | 0.01% |
154,052
+4,800
| +3% | +$139K |
|
1555
Resources Connection
RGP
$140M
| $5.49M | 0.01% |
352,500
-19,559
| -5% | -$284K |
|
1556
Mueller Water Products
MWA
$3.94B
| $5.47M | 0.01% |
553,563
+31,117
| +6% | +$266K |
|
1557
Natural Gas Services Group
NGS
$457M
| $5.47M | 0.01% |
252,800
-1,800
| -0.7% | -$34.2K |
|
|
UNTD
1558
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $5.47M | 0.01% |
473,800
-53,300
| -10% | -$598K |
|
1559
First Financial Corp
THFF
$948M
| $5.46M | 0.01% |
159,700
+21,800
| +16% | +$720K |
|
1560
Sasol
SSL
$7.4B
| $5.46M | 0.01% |
184,900
-36,000
| -16% | -$978K |
|
|
INFN
1561
DELISTED
Infinera Corporation Common Stock
INFN
| $5.45M | 0.01% |
339,400
-778,400
| -70% | -$11.9M |
|
1562
Marcus & Millichap
MMI
$1.2B
| $5.44M | 0.01% |
214,200
+182,553
| +577% | +$4.28M |
|
|
HTLF
1563
DELISTED
Heartland Financial USA, Inc.
HTLF
| $5.43M | 0.01% |
176,400
-25,900
| -13% | -$771K |
|
|
UCFC
1564
DELISTED
United Community Financial Corp
UCFC
| $5.42M | 0.01% |
922,604
+50,300
| +6% | +$291K |
|
|
OMCC
1565
DELISTED
Old Market Capital Corp
OMCC
| $5.41M | 0.01% |
501,369
+7,940
| +2% | +$84K |
|
1566
Liquidity Services
LQDT
$1.2B
| $5.41M | 0.01% |
1,043,899
+256,999
| +33% | +$1.37M |
|
|
DSPG
1567
DELISTED
DSP Group Inc
DSPG
| $5.4M | 0.01% |
591,900
-35,346
| -6% | -$314K |
|
1568
AngioDynamics
ANGO
$605M
| $5.39M | 0.01% |
438,500
+74,100
| +20% | +$819K |
|
1569
Plains All American Pipeline
PAA
$17.6B
| $5.39M | 0.01% |
256,914
-727,400
| -74% | -$15.3M |
|
|
BKS
1570
DELISTED
Barnes & Noble
BKS
| $5.38M | 0.01% |
435,652
-288,148
| -40% | -$2.82M |
|
|
HIFR
1571
DELISTED
InfraREIT, Inc.
HIFR
| $5.38M | 0.01% |
315,700
+174,279
| +123% | +$3.18M |
|
|
XCRA
1572
DELISTED
Xcerra Corporation
XCRA
| $5.35M | 0.01% |
820,699
+63,700
| +8% | +$355K |
|
|
BNK
1573
DELISTED
C1 FINL INC COM STK (FL)
BNK
| $5.35M | 0.01% |
221,000
+79,300
| +56% | +$1.88M |
|
|
MACK
1574
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $5.33M | 0.01% |
+80,914
| New | +$4.22M |
|
|
DANG
1575
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $5.32M | 0.01% |
746,600
+677,800
| +985% | +$4.54M |
|
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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.