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 | |
|---|---|---|---|---|---|---|
|
RNET
1976
DELISTED
RigNet, Inc.
RNET
| $2.98M | 0.01% |
218,200
+114,800
| +111% | +$1.58M |
|
|
TESO
1977
DELISTED
Tesco Corp
TESO
| $2.98M | 0.01% |
346,500
+47,784
| +16% | +$337K |
|
|
HTBK
1978
DELISTED
Heritage Commerce
HTBK
| $2.98M | 0.01% |
297,300
-11,300
| -4% | -$111K |
|
|
RLH
1979
DELISTED
Red Lions Hotel Corporation
RLH
| $2.98M | 0.01% |
353,000
-4,800
| -1% | -$32.6K |
|
|
OB
1980
DELISTED
Onebeacon Insurance Group Ltd
OB
| $2.97M | 0.01% |
233,600
+94,898
| +68% | +$1.21M |
|
1981
LSI Industries
LYTS
$834M
| $2.97M | 0.01% |
252,600
+41,000
| +19% | +$446K |
|
1982
Green Plains
GPRE
$1.15B
| $2.96M | 0.01% |
+185,343
| New | +$2.98M |
|
|
BBBY
1983
DELISTED
Bed Bath & Beyond Inc
BBBY
| $2.96M | 0.01% |
59,560
-558,800
| -90% | -$26.2M |
|
|
LIOX
1984
DELISTED
Lionbridge Technologies
LIOX
| $2.95M | 0.01% |
583,600
+46,100
| +9% | +$210K |
|
|
MBTF
1985
DELISTED
MBT Financial Corporation
MBTF
| $2.95M | 0.01% |
366,647
+23,791
| +7% | +$184K |
|
|
CATM
1986
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $2.95M | 0.01% |
81,900
+14,500
| +22% | +$474K |
|
|
MFSF
1987
DELISTED
MutualFirst Financial Inc
MFSF
| $2.94M | 0.01% |
116,800
+7,000
| +6% | +$172K |
|
1988
Wabash National
WNC
$504M
| $2.94M | 0.01% |
+222,800
| New | +$2.6M |
|
1989
Evolution Petroleum
EPM
$133M
| $2.94M | 0.01% |
604,700
+40,900
| +7% | +$184K |
|
|
MOFG
1990
DELISTED
MidWestOne Financial Group
MOFG
| $2.93M | 0.01% |
106,897
+6,897
| +7% | +$188K |
|
|
CYBE
1991
DELISTED
Cyberoptics Corp
CYBE
| $2.93M | 0.01% |
313,800
+15,600
| +5% | +$140K |
|
|
GSH
1992
DELISTED
Guangshen Railway Co. Ltd
GSH
| $2.92M | 0.01% |
136,400
+5,100
| +4% | +$113K |
|
|
GRFS
1993
Grifois
GRFS
$5.55B
| $2.91M | 0.01% |
+188,304
| New | +$2.85M |
|
1994
CBIZ
CBZ
$2.98B
| $2.91M | 0.01% |
288,616
-210,244
| -42% | -$2.13M |
|
|
STS
1995
DELISTED
Supreme Industries Inc Class A
STS
| $2.9M | 0.01% |
328,471
+61,593
| +23% | +$439K |
|
1996
New Oriental
EDU
$9.32B
| $2.9M | 0.01% |
83,800
-123,000
| -59% | -$3.84M |
|
1997
B&G Foods
BGS
$303M
| $2.89M | 0.01% |
82,900
-98,200
| -54% | -$3.47M |
|
1998
Sonic Automotive
SAH
$3.56B
| $2.88M | 0.01% |
156,000
+127,400
| +445% | +$2.33M |
|
1999
InterContinental Hotels
IHG
$23.8B
| $2.88M | 0.01% |
52,872
-12,355
| -19% | -$592K |
|
|
TNGO
2000
DELISTED
Tangoe, Inc.
TNGO
| $2.88M | 0.01% |
364,500
+12,100
| +3% | +$94.9K |
|
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.