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 |
Broadcom
AVGO
|
+$412M |
| 2 |
Advanced Micro Devices
AMD
|
+$294M |
| 3 |
Apple
AAPL
|
+$244M |
| 4 |
Qualcomm
QCOM
|
+$207M |
| 5 |
Pinduoduo
PDD
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$510M |
| 2 |
Uber
UBER
|
+$419M |
| 3 |
Chevron
CVX
|
+$286M |
| 4 |
Meta Platforms (Facebook)
META
|
+$255M |
| 5 |
NVO
Novo Nordisk
NVO
|
+$215M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.64% |
| 2 | Healthcare | 18.28% |
| 3 | Consumer Discretionary | 13.73% |
| 4 | Industrials | 8.66% |
| 5 | Financials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Valmont Industries
VMI
$9.2B
| $14.1M | 0.02% |
51,500
-10,000
| -16% | -$2.44M |
|
|
SOHU
752
Sohu.com
SOHU
$359M
| $14.1M | 0.02% |
1,012,973
-77,200
| -7% | -$928K |
|
753
Affiliated Managers Group
AMG
$9.65B
| $14.1M | 0.02% |
90,200
+33,500
| +59% | +$5.33M |
|
754
Novavax
NVAX
$1.22B
| $14.1M | 0.02% |
+1,110,183
| New | +$11.2M |
|
755
Mine Safety
MSA
$6.73B
| $14M | 0.02% |
74,500
-13,700
| -16% | -$2.55M |
|
756
FormFactor
FORM
$8.21B
| $13.9M | 0.02% |
+230,268
| New | +$12M |
|
|
WCN
757
Waste Connections
WCN
$41.9B
| $13.9M | 0.02% |
79,261
-118,990
| -60% | -$19.9M |
|
758
Ingles Markets
IMKTA
$1.7B
| $13.9M | 0.02% |
202,484
-29,371
| -13% | -$2.13M |
|
759
Clover Health Investments
CLOV
$2.29B
| $13.9M | 0.02% |
11,272,300
-124,300
| -1% | -$112K |
|
760
RxSight
RXST
$252M
| $13.8M | 0.02% |
230,100
+73,100
| +47% | +$4.18M |
|
761
Boston Beer
SAM
$1.93B
| $13.8M | 0.02% |
45,200
-40,300
| -47% | -$11.5M |
|
762
Navigator Holdings
NVGS
$1.37B
| $13.8M | 0.02% |
787,700
+107,300
| +16% | +$1.73M |
|
763
Middlesex Water
MSEX
$1.04B
| $13.7M | 0.02% |
262,700
-22,000
| -8% | -$1.14M |
|
|
DHIL
764
DELISTED
Diamond Hill
DHIL
| $13.6M | 0.02% |
96,846
+3,400
| +4% | +$511K |
|
|
NFBK
765
DELISTED
Northfield Bancorp
NFBK
| $13.6M | 0.02% |
1,437,149
+41,500
| +3% | +$364K |
|
766
Vertex
VERX
$2.04B
| $13.6M | 0.02% |
377,100
+100,300
| +36% | +$3.23M |
|
767
UDR
UDR
$12.3B
| $13.6M | 0.02% |
330,298
-439,500
| -57% | -$16.9M |
|
768
Park Aerospace
PKE
$730M
| $13.6M | 0.02% |
992,797
+8,700
| +0.9% | +$125K |
|
769
Hudbay
HBM
$10.1B
| $13.6M | 0.02% |
1,499,409
+366,300
| +32% | +$3.18M |
|
770
Crocs
CROX
$6.14B
| $13.5M | 0.02% |
92,700
+71,200
| +331% | +$9.99M |
|
|
GTY
771
Getty Realty Corp
GTY
$2.12B
| $13.5M | 0.02% |
506,940
-81,500
| -14% | -$2.21M |
|
772
Protolabs
PRLB
$1.79B
| $13.5M | 0.02% |
435,823
+106,423
| +32% | +$3.37M |
|
|
ATRI
773
DELISTED
Atrion Corp
ATRI
| $13.4M | 0.02% |
29,709
-7,500
| -20% | -$3.27M |
|
774
Reddit
RDDT
$34.3B
| $13.4M | 0.02% |
+209,900
| New | +$11.1M |
|
775
Crown Holdings
CCK
$12.9B
| $13.3M | 0.02% |
178,946
-5,954
| -3% | -$480K |
|
Similar funds
Renaissance Technologies's Q2 2024 Portfolio in Review
As of Q2 2024, Renaissance Technologies held 4,123 positions worth $59B, down 7.3% from $63.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $4.49B in Q2 2024, closing 675 positions and reducing 1,503 holdings. Its most notable exit was Bank of America, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Broadcom worth $472M.
- Renaissance Technologies's largest Q2 2024 buy was Broadcom: 2,941,150 shares worth $472M.
- Renaissance Technologies added most to Apple in Q2 2024, an estimated $244M increase.
- Renaissance Technologies's biggest Q2 2024 reduction was Amazon, cutting an estimated $510M.
- Renaissance Technologies fully exited Bank of America in Q2 2024, selling an estimated $142M.
- Renaissance Technologies's ten largest holdings make up 12% of its $59B portfolio in Q2 2024.
- Renaissance Technologies opened 463 new positions and closed 675 in Q2 2024.
- Renaissance Technologies's portfolio value fell 7.3% quarter-over-quarter to $59B.
Based on Renaissance Technologies's 13F filing for Q2 2024, filed 9 Aug 2024.