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 | |
|---|---|---|---|---|---|---|
2351
ACI Worldwide
ACIW
$5.86B
| $1.62M | ﹤0.01% |
77,733
+56,100
| +259% | +$1.06M |
|
|
MGCD
2352
DELISTED
MGC Diagnostics Corporation
MGCD
| $1.6M | ﹤0.01% |
261,740
+5,800
| +2% | +$38.2K |
|
|
OSG
2353
Octave Specialty Group
OSG
$250M
| $1.6M | ﹤0.01% |
+101,400
| New | +$1.47M |
|
2354
Acme United Corp
ACU
$214M
| $1.6M | ﹤0.01% |
98,000
+2,600
| +3% | +$40.3K |
|
2355
Navigator Holdings
NVGS
$1.37B
| $1.59M | ﹤0.01% |
98,600
+81,100
| +463% | +$1.18M |
|
2356
Urban One Class D
UONEK
$22.1M
| $1.59M | ﹤0.01% |
112,128
-12
| -0% | -$170 |
|
|
AEL
2357
DELISTED
American Equity Investment Life Holding Company
AEL
| $1.58M | ﹤0.01% |
+94,000
| New | +$1.52M |
|
|
BBQ
2358
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $1.58M | ﹤0.01% |
258,800
+24,680
| +11% | +$151K |
|
|
COVS
2359
DELISTED
Covisint Corporation
COVS
| $1.58M | ﹤0.01% |
787,900
-60,700
| -7% | -$123K |
|
2360
PVH
PVH
$4.01B
| $1.57M | ﹤0.01% |
+15,900
| New | +$1.25M |
|
2361
Century Communities
CCS
$1.95B
| $1.57M | ﹤0.01% |
92,200
+21,900
| +31% | +$334K |
|
|
GNBC
2362
DELISTED
Green Bancorp, Inc
GNBC
| $1.57M | ﹤0.01% |
207,800
+128,700
| +163% | +$1.01M |
|
2363
Tower Semiconductor
TSEM
$23.9B
| $1.57M | ﹤0.01% |
+129,686
| New | +$1.63M |
|
2364
Tronox
TROX
$999M
| $1.57M | ﹤0.01% |
+245,064
| New | +$1.09M |
|
|
ALOG
2365
DELISTED
Analogic Corp
ALOG
| $1.56M | ﹤0.01% |
19,800
-1,954
| -9% | -$146K |
|
2366
Heritage Insurance Holdings
HRTG
$907M
| $1.56M | ﹤0.01% |
97,600
+26,795
| +38% | +$489K |
|
|
UCTT
2367
Ultra Clean Holdings
UCTT
$3.73B
| $1.56M | ﹤0.01% |
290,400
-10,500
| -3% | -$53.2K |
|
|
CRWN
2368
DELISTED
CROWN MEDIA HOLDINGS INC CL-A
CRWN
| $1.55M | ﹤0.01% |
305,300
+31,500
| +12% | +$148K |
|
|
MRLN
2369
DELISTED
Marlin Business Services Corp
MRLN
| $1.55M | ﹤0.01% |
108,300
-6,500
| -6% | -$93.1K |
|
2370
China Automotive Systems
CAAS
$129M
| $1.54M | ﹤0.01% |
333,033
+1,369
| +0.4% | +$5.73K |
|
2371
CVR Partners
UAN
$1.35B
| $1.54M | ﹤0.01% |
18,466
-8,444
| -31% | -$558K |
|
2372
EyePoint Inc
EYPT
$1.08B
| $1.54M | ﹤0.01% |
57,480
-2,100
| -4% | -$66.4K |
|
2373
Ally Financial
ALLY
$13.2B
| $1.53M | ﹤0.01% |
82,000
-47,400
| -37% | -$817K |
|
2374
Black Stone Minerals
BSM
$3.14B
| $1.53M | ﹤0.01% |
+109,500
| New | +$1.44M |
|
2375
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $1.53M | ﹤0.01% |
+14,900
| New | +$1.49M |
|
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.