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 | |
|---|---|---|---|---|---|---|
1751
Vitamin Cottage Natural Grocers
NGVC
$760M
| $4.2M | 0.01% |
197,600
+4,500
| +2% | +$90.6K |
|
1752
CRA International
CRAI
$1.23B
| $4.2M | 0.01% |
213,931
+9,300
| +5% | +$175K |
|
|
SSNI
1753
DELISTED
Silver Spring Networks, Inc.
SSNI
| $4.19M | 0.01% |
283,900
-11,800
| -4% | -$147K |
|
1754
Applied Industrial Technologies
AIT
$12.4B
| $4.18M | 0.01% |
96,300
+38,150
| +66% | +$1.5M |
|
|
CBNJ
1755
DELISTED
CAPE BANCORP, INC COM
CBNJ
| $4.18M | 0.01% |
310,800
+30,300
| +11% | +$397K |
|
1756
Astronics
ATRO
$3.21B
| $4.17M | 0.01% |
173,619
-120,928
| -41% | -$2.56M |
|
|
RENX
1757
DELISTED
RELX N.V.
RENX
| $4.17M | 0.01% |
+237,579
| New | +$3.92M |
|
|
SP
1758
DELISTED
SP Plus Corporation
SP
| $4.15M | 0.01% |
172,400
+16,300
| +10% | +$377K |
|
|
PBIP
1759
DELISTED
Prudential Bancorp, Inc.
PBIP
| $4.13M | 0.01% |
288,790
+3,700
| +1% | +$55.6K |
|
|
CCUR
1760
DELISTED
CCUR Holdings, Inc. Common Stock
CCUR
| $4.13M | 0.01% |
700,319
+612
| +0.1% | +$3.42K |
|
|
CYOU
1761
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $4.13M | 0.01% |
219,800
+18,400
| +9% | +$341K |
|
1762
TTM Technologies
TTMI
$10.6B
| $4.12M | 0.01% |
619,963
+138,733
| +29% | +$855K |
|
|
IIJI
1763
DELISTED
Internet Initiative Japan Inc
IIJI
| $4.12M | 0.01% |
394,400
+1,800
| +0.5% | +$17.7K |
|
1764
MillerKnoll
MLKN
$1.56B
| $4.12M | 0.01% |
133,300
+51,900
| +64% | +$1.38M |
|
|
ELRC
1765
DELISTED
ELECTRO RENT CORP
ELRC
| $4.12M | 0.01% |
444,356
-29,900
| -6% | -$270K |
|
|
FENG
1766
Phoenix New Media
FENG
| $4.11M | 0.01% |
153,950
+6,667
| +5% | +$172K |
|
1767
Mannatech
MTEX
$9.3M
| $4.11M | 0.01% |
174,660
+3,000
| +2% | +$55.5K |
|
1768
VSE Corp
VSEC
$5.19B
| $4.1M | 0.01% |
120,814
-25,586
| -17% | -$776K |
|
|
CACB
1769
DELISTED
Cascade Bancorp
CACB
| $4.08M | 0.01% |
714,256
+80,149
| +13% | +$440K |
|
1770
First Community Bankshares
FCBC
$899M
| $4.08M | 0.01% |
205,392
-28,000
| -12% | -$510K |
|
|
CY
1771
DELISTED
Cypress Semiconductor
CY
| $4.08M | 0.01% |
470,559
-2,739,700
| -85% | -$22.1M |
|
1772
Lakeland Financial Corp
LKFN
$1.57B
| $4.07M | 0.01% |
133,350
+22,350
| +20% | +$647K |
|
1773
Constellium
CSTM
$3.76B
| $4.07M | 0.01% |
784,100
+706,001
| +904% | +$4.06M |
|
1774
Marchex
MCHX
$78M
| $4.06M | 0.01% |
913,301
+65,100
| +8% | +$262K |
|
|
VVUS
1775
DELISTED
Vivus Inc
VVUS
| $4.06M | 0.01% |
290,075
+104,513
| +56% | +$1.12M |
|
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.