The production of research elites yields non-intended stratification effects. The contribution illustrates this by drawing on the British Research Assessment Exercise/Research Excellence Framework. Building on data from the three most recent assessments (RAE 2001, RAE 2008, REF 2014), a field and capital theoretical framework examines the unequal distribution of symbolic, social, and economic resources via panel membership, research staff, and research funding. The distribution of these resources is correlated to RAE/REF rank groups. The contribution concludes that the elite (re )produced by research performance assessments in Britain is not (solely) based on “research excellence”, but on previous allocations of symbolic, social, and economic resources.