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 | |
|---|---|---|---|---|---|---|
|
TTSH
1951
DELISTED
Tile Shop Holdings
TTSH
| $3.1M | 0.01% |
208,000
+116,300
| +127% | +$1.65M |
|
1952
1st Source
SRCE
$2.17B
| $3.09M | 0.01% |
96,940
+18,232
| +23% | +$554K |
|
1953
Tenaris
TS
$28.2B
| $3.08M | 0.01% |
+124,500
| New | +$2.73M |
|
|
RICE
1954
DELISTED
Rice Energy Inc.
RICE
| $3.08M | 0.01% |
220,800
-753,500
| -77% | -$7.84M |
|
|
AXLL
1955
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $3.08M | 0.01% |
140,900
-94,036
| -40% | -$1.66M |
|
|
PTR
1956
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $3.08M | 0.01% |
46,400
-17,530
| -27% | -$1.11M |
|
1957
Celldex Therapeutics
CLDX
$2.94B
| $3.07M | 0.01% |
+54,222
| New | +$6.1M |
|
1958
Angi Inc
ANGI
$247M
| $3.07M | 0.01% |
38,070
-12,830
| -25% | -$1.11M |
|
|
OKSB
1959
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $3.07M | 0.01% |
203,900
+37,000
| +22% | +$583K |
|
|
AMCC
1960
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $3.07M | 0.01% |
474,736
+221,600
| +88% | +$1.28M |
|
|
FARO
1961
DELISTED
Faro Technologies
FARO
| $3.06M | 0.01% |
95,142
+81,169
| +581% | +$2.27M |
|
|
MNRK
1962
DELISTED
MONARCH FINANCIAL HOLDINGS INC COM STK
MNRK
| $3.06M | 0.01% |
184,093
+25,214
| +16% | +$402K |
|
1963
Clear Channel Outdoor Holdings
CCO
$1.22B
| $3.05M | 0.01% |
649,100
+13,708
| +2% | +$60.6K |
|
|
SGMO
1964
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $3.05M | 0.01% |
504,064
+294,664
| +141% | +$1.77M |
|
|
BOJA
1965
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $3.05M | 0.01% |
179,200
-2,100
| -1% | -$32.2K |
|
|
NWY
1966
DELISTED
New York & Co Inc
NWY
| $3.04M | 0.01% |
767,700
+103,278
| +16% | +$256K |
|
|
SQBG
1967
DELISTED
Sequential Brands Group, Inc.
SQBG
| $3.04M | 0.01% |
11,883
+3,477
| +41% | +$904K |
|
1968
Park-Ohio Holdings
PKOH
$550M
| $3.03M | 0.01% |
70,700
-23,400
| -25% | -$741K |
|
1969
Bar Harbor Bankshares
BHB
$665M
| $3.03M | 0.01% |
136,650
-2,400
| -2% | -$52.2K |
|
|
CLUB
1970
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $3.02M | 0.01% |
1,054,100
+51,000
| +5% | +$73.9K |
|
1971
Old Second Bancorp
OSBC
$1.29B
| $3.01M | 0.01% |
419,800
+30,200
| +8% | +$208K |
|
|
IPAS
1972
DELISTED
Ipass Inc Common Stock
IPAS
| $3.01M | 0.01% |
273,680
+8,710
| +3% | +$84.3K |
|
|
FBNK
1973
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $3.01M | 0.01% |
188,500
-800
| -0.4% | -$13K |
|
|
ITG
1974
DELISTED
Investment Technology Group Inc
ITG
| $3M | 0.01% |
135,823
-56,177
| -29% | -$1.03M |
|
1975
Babcock & Wilcox
BW
$1.18B
| $2.99M | 0.01% |
13,960
+11,190
| +404% | +$2.23M |
|
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.