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 | |
|---|---|---|---|---|---|---|
3451
LG Display
LPL
$2.79B
| – | – |
-149,500
| Closed | -$1.56M |
|
3452
Southwest Airlines
LUV
$21.7B
| – | – |
-309,180
| Closed | -$13.3M |
|
3453
Las Vegas Sands
LVS
$31.4B
| – | – |
-51,200
| Closed | -$2.25M |
|
3454
LyondellBasell Industries
LYB
$19.5B
| – | – |
-359,400
| Closed | -$31.2M |
|
3455
Microchip Technology
MCHP
$38.8B
| – | – |
-19,072
| Closed | -$444K |
|
3456
Moody's
MCO
$83.7B
| – | – |
-33,500
| Closed | -$3.36M |
|
3457
Magna International
MGA
$18.8B
| – | – |
-556,284
| Closed | -$22.6M |
|
3458
Martin Marietta Materials
MLM
$34.2B
| – | – |
-46,494
| Closed | -$6.35M |
|
3459
Monro
MNRO
$415M
| – | – |
-17,500
| Closed | -$1.16M |
|
3460
Moog Inc Class B
MOG.B
$12.7B
| – | – |
-3,800
| Closed | -$231K |
|
3461
Motorcar Parts of America
MPAA
$266M
| – | – |
-55,800
| Closed | -$1.89M |
|
3462
Marathon Petroleum
MPC
$90.1B
| – | – |
-837,500
| Closed | -$43.4M |
|
3463
Morgan Stanley
MS
$319B
| – | – |
-161,267
| Closed | -$5.13M |
|
3464
MSCI
MSCI
$42.4B
| – | – |
-163,100
| Closed | -$11.8M |
|
3465
Vail Resorts
MTN
$5.7B
| – | – |
-24,400
| Closed | -$3.12M |
|
3466
Minerals Technologies
MTX
$2.29B
| – | – |
-126,900
| Closed | -$5.82M |
|
3467
Murphy Oil
MUR
$5.55B
| – | – |
-54,800
| Closed | -$1.23M |
|
3468
Nordic American Tanker
NAT
$1.36B
| – | – |
-33,163
| Closed | -$511K |
|
3469
Navient
NAVI
$819M
| – | – |
-1,214,721
| Closed | -$13.9M |
|
|
NCTY
3470
The9 Ltd
NCTY
$66.6M
| – | – |
-44
| Closed | -$42K |
|
3471
Nasdaq
NDAQ
$53.4B
| – | – |
-110,400
| Closed | -$2.14M |
|
3472
Newmont
NEM
$96.2B
| – | – |
-38,300
| Closed | -$689K |
|
3473
Netflix
NFLX
$307B
| – | – |
-6,273,000
| Closed | -$71.8M |
|
3474
NiSource
NI
$21.5B
| – | – |
-90,000
| Closed | -$1.76M |
|
3475
Nike
NKE
$64.1B
| – | – |
-46,400
| Closed | -$2.9M |
|
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.