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 | |
|---|---|---|---|---|---|---|
1826
SM Energy
SM
$7.6B
| $3.77M | 0.01% |
201,000
-382,200
| -66% | -$5.27M |
|
|
CBPX
1827
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $3.77M | 0.01% |
+202,900
| New | +$3.29M |
|
1828
Sally Beauty Holdings
SBH
$1.47B
| $3.76M | 0.01% |
116,200
-63,000
| -35% | -$1.87M |
|
|
LDR
1829
DELISTED
Landauer Inc
LDR
| $3.76M | 0.01% |
113,800
+19,400
| +21% | +$581K |
|
|
SEAC
1830
DELISTED
Seachange International Inc
SEAC
| $3.76M | 0.01% |
34,075
-965
| -3% | -$112K |
|
|
TRR
1831
DELISTED
Trc Companies
TRR
| $3.75M | 0.01% |
517,200
+23,700
| +5% | +$177K |
|
1832
Natural Alternatives International
NAII
$13.9M
| $3.75M | 0.01% |
277,100
+54,340
| +24% | +$553K |
|
1833
Sunstone Hotel Investors
SHO
$2.19B
| $3.73M | 0.01% |
266,396
-289,626
| -52% | -$3.57M |
|
1834
Superior Group of Companies
SGC
$199M
| $3.72M | 0.01% |
209,000
-16,800
| -7% | -$285K |
|
1835
Installed Building Products
IBP
$6.21B
| $3.72M | 0.01% |
139,800
-104,300
| -43% | -$2.3M |
|
|
PDS
1836
Precision Drilling
PDS
$940M
| $3.72M | 0.01% |
44,233
+9,250
| +26% | +$660K |
|
|
CDI
1837
DELISTED
CDI Corp.
CDI
| $3.71M | 0.01% |
591,200
+159,400
| +37% | +$833K |
|
|
DTLK
1838
DELISTED
Datalink Corp
DTLK
| $3.71M | 0.01% |
405,400
-131,900
| -25% | -$953K |
|
|
BRG
1839
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $3.69M | 0.01% |
339,200
+67,700
| +25% | +$706K |
|
1840
Lennar Class B
LEN.B
$19.9B
| $3.69M | 0.01% |
102,153
-6,439
| -6% | -$209K |
|
1841
Crocs
CROX
$6.63B
| $3.68M | 0.01% |
383,000
+136,832
| +56% | +$1.27M |
|
1842
Universal Technical Institute
UTI
$2.26B
| $3.68M | 0.01% |
853,800
+15,300
| +2% | +$59.8K |
|
1843
Air T
AIRT
| $3.68M | 0.01% |
228,300
+1,650
| +0.7% | +$25.4K |
|
1844
NETSCOUT
NTCT
$2.83B
| $3.67M | 0.01% |
160,000
+19,700
| +14% | +$444K |
|
1845
PC Connection
CNXN
$2.09B
| $3.66M | 0.01% |
141,900
+29,788
| +27% | +$680K |
|
1846
First Financial Bankshares
FFIN
$5.05B
| $3.66M | 0.01% |
247,400
+219,400
| +784% | +$3.01M |
|
1847
Cognex
CGNX
$9.62B
| $3.65M | 0.01% |
187,656
-210,400
| -53% | -$3.67M |
|
|
AKS
1848
DELISTED
AK Steel Holding Corp
AKS
| $3.65M | 0.01% |
+884,000
| New | +$2.54M |
|
|
RC
1849
Ready Capital
RC
$260M
| $3.65M | 0.01% |
244,400
+34,310
| +16% | +$486K |
|
|
LBAI
1850
DELISTED
Lakeland Bancorp Inc
LBAI
| $3.64M | 0.01% |
358,702
+184,200
| +106% | +$1.93M |
|
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.