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 | |
|---|---|---|---|---|---|---|
2101
TriMas Corp
TRS
$1.36B
| $2.41M | ﹤0.01% |
+137,600
| New | +$2.35M |
|
2102
Ionis Pharmaceuticals
IONS
$8.81B
| $2.41M | ﹤0.01% |
59,400
-75,914
| -56% | -$3.08M |
|
2103
Vicor
VICR
$9.42B
| $2.4M | ﹤0.01% |
229,500
+5,200
| +2% | +$44.8K |
|
|
ALSK
2104
DELISTED
Alaska Communications Systems
ALSK
| $2.4M | ﹤0.01% |
1,351,276
-55,608
| -4% | -$91.8K |
|
2105
Digi International
DGII
$2.57B
| $2.4M | ﹤0.01% |
254,484
-58,331
| -19% | -$532K |
|
|
GSB
2106
DELISTED
GlobalSCAPE, Inc.
GSB
| $2.4M | ﹤0.01% |
631,500
-7,000
| -1% | -$26.2K |
|
2107
Embotelladora Andina Series A
AKO.A
$3.58B
| $2.4M | ﹤0.01% |
141,400
+2,800
| +2% | +$42.9K |
|
|
GCAP
2108
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $2.4M | ﹤0.01% |
365,100
+148,600
| +69% | +$1.03M |
|
|
HDNG
2109
DELISTED
Hardinge Inc
HDNG
| $2.39M | ﹤0.01% |
192,000
+25,100
| +15% | +$237K |
|
|
EJ
2110
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $2.39M | ﹤0.01% |
+384,657
| New | +$2.27M |
|
|
GAU
2111
Galiano Gold
GAU
$468M
| $2.39M | ﹤0.01% |
1,122,469
+908,269
| +424% | +$1.67M |
|
2112
Northrim BanCorp
NRIM
$586M
| $2.39M | ﹤0.01% |
399,600
+95,976
| +32% | +$574K |
|
|
RRM
2113
DELISTED
RR MEDIA LTD ORD SHS (ISR)
RRM
| $2.39M | ﹤0.01% |
182,700
+51,750
| +40% | +$527K |
|
2114
MGP Ingredients
MGPI
$380M
| $2.38M | ﹤0.01% |
98,400
-143,600
| -59% | -$3.3M |
|
2115
Travelzoo
TZOO
$73.3M
| $2.38M | ﹤0.01% |
293,200
+30,000
| +11% | +$233K |
|
2116
Grupo Cibest SA
CIB
$22.3B
| $2.38M | ﹤0.01% |
+69,500
| New | +$2.07M |
|
2117
Aware
AWRE
$24.9M
| $2.37M | ﹤0.01% |
636,500
+17,400
| +3% | +$59.4K |
|
2118
Rush Enterprises Class B
RUSHB
$6.07B
| $2.37M | ﹤0.01% |
292,050
-37,575
| -11% | -$302K |
|
2119
Federal Agricultural Mortgage
AGM
$2.39B
| $2.37M | ﹤0.01% |
+62,800
| New | +$2.04M |
|
|
SOL
2120
DELISTED
Emeren Group
SOL
| $2.36M | ﹤0.01% |
328,300
+102,587
| +45% | +$757K |
|
2121
GSI Technology
GSIT
$224M
| $2.36M | ﹤0.01% |
575,900
+63,100
| +12% | +$235K |
|
2122
Liberty Latin America Class A
LILA
$1.63B
| $2.36M | ﹤0.01% |
105,109
+95,894
| +1,041% | +$2.14M |
|
2123
American Vanguard Corp
AVD
$70.4M
| $2.36M | ﹤0.01% |
149,500
+22,346
| +18% | +$292K |
|
2124
Modine Manufacturing
MOD
$10.3B
| $2.36M | ﹤0.01% |
214,100
+49,900
| +30% | +$423K |
|
2125
Genworth Financial
GNW
$3.81B
| $2.35M | ﹤0.01% |
+861,968
| New | +$2.18M |
|
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.