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 |
Apple
AAPL
|
+$839M |
| 2 |
Amazon
AMZN
|
+$810M |
| 3 |
Tesla
TSLA
|
+$644M |
| 4 |
TSMC
TSM
|
+$546M |
| 5 |
Johnson & Johnson
JNJ
|
+$389M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$891M |
| 2 |
Home Depot
HD
|
+$441M |
| 3 |
JPMorgan Chase
JPM
|
+$335M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$317M |
| 5 |
ASML
ASML
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.81% |
| 2 | Technology | 15.51% |
| 3 | Consumer Discretionary | 11.84% |
| 4 | Consumer Staples | 10.09% |
| 5 | Financials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Procore
PCOR
$8.26B
| $15.6M | 0.02% |
329,600
+2,700
| +0.8% | +$138K |
|
852
Aon
AON
$76.5B
| $15.5M | 0.02% |
51,800
-35,200
| -40% | -$10.3M |
|
853
Grand Canyon Education
LOPE
$3.79B
| $15.5M | 0.02% |
146,898
+79,496
| +118% | +$7.93M |
|
|
GOGL
854
DELISTED
Golden Ocean Group
GOGL
| $15.4M | 0.02% |
1,771,191
-449,475
| -20% | -$3.91M |
|
|
PDM
855
Piedmont Realty Trust
PDM
$1.21B
| $15.4M | 0.02% |
1,675,100
+362,200
| +28% | +$3.58M |
|
856
Korn Ferry
KFY
$4.18B
| $15.4M | 0.02% |
303,399
-43,101
| -12% | -$2.29M |
|
|
OLP
857
One Liberty Properties
OLP
$530M
| $15.3M | 0.02% |
690,029
-48,700
| -7% | -$1.12M |
|
858
Independence Realty Trust
IRT
$3.92B
| $15.3M | 0.02% |
908,338
-574,708
| -39% | -$9.72M |
|
859
Apple Hospitality REIT
APLE
$3.9B
| $15.3M | 0.02% |
969,000
+224,900
| +30% | +$3.63M |
|
|
THS
860
DELISTED
Treehouse Foods
THS
| $15.3M | 0.02% |
309,005
-6,500
| -2% | -$309K |
|
861
Rocket Companies
RKT
$36.5B
| $15.2M | 0.02% |
2,177,900
-235,500
| -10% | -$1.72M |
|
862
Americold
COLD
$4.02B
| $15.2M | 0.02% |
+538,200
| New | +$14.5M |
|
|
BECN
863
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $15.2M | 0.02% |
288,157
+243,300
| +542% | +$13.7M |
|
864
Stantec
STN
$8.04B
| $15.2M | 0.02% |
316,600
-37,400
| -11% | -$1.8M |
|
865
News Corp Class A
NWSA
$14.9B
| $15.2M | 0.02% |
832,800
-848,900
| -50% | -$14.7M |
|
866
Richardson Electronics
RELL
$267M
| $15.1M | 0.02% |
709,529
-96,748
| -12% | -$2.19M |
|
867
Reinsurance Group of America
RGA
$15.5B
| $15.1M | 0.02% |
106,200
+103,100
| +3,326% | +$14.4M |
|
868
Blue Owl Capital
OBDC
$5.34B
| $15M | 0.02% |
1,300,857
+593,386
| +84% | +$7.11M |
|
869
VanEck Intermediate Muni ETF
ITM
$2.14B
| $15M | 0.02% |
+327,867
| New | +$14.7M |
|
|
BLD
870
DELISTED
TopBuild
BLD
| $14.9M | 0.02% |
+95,500
| New | +$15.2M |
|
|
LKFT
871
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.78B
| $14.9M | 0.02% |
336,380
+37,780
| +13% | +$1.59M |
|
872
Jackson Financial
JXN
$8.53B
| $14.9M | 0.02% |
429,100
-574,000
| -57% | -$19.9M |
|
873
Franklin Resources
BEN
$17.6B
| $14.9M | 0.02% |
+565,500
| New | +$14M |
|
874
Newell Brands
NWL
$2.38B
| $14.9M | 0.02% |
1,140,327
+319,200
| +39% | +$4.36M |
|
875
NNN REIT
NNN
$9.04B
| $14.9M | 0.02% |
325,500
-267,000
| -45% | -$11.6M |
|
Similar funds
Renaissance Technologies's Q4 2022 Portfolio in Review
As of Q4 2022, Renaissance Technologies held 4,601 positions worth $73.1B, up 3.4% from $70.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q4 2022 filing shows 626 new, 1,390 increased, 2,018 reduced and 524 closed positions. Its largest new stake was Johnson & Johnson: 2,254,125 shares worth $398M. The largest sale was Microsoft, an estimated $891M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2022 buy was Johnson & Johnson: 2,254,125 shares worth $398M.
- Renaissance Technologies added most to Apple in Q4 2022, an estimated $839M increase.
- Renaissance Technologies's biggest Q4 2022 reduction was Novo Nordisk, cutting an estimated $317M.
- Renaissance Technologies fully exited Microsoft in Q4 2022, selling an estimated $891M.
- Renaissance Technologies's ten largest holdings make up 11% of its $73.1B portfolio in Q4 2022.
- Renaissance Technologies opened 626 new positions and closed 524 in Q4 2022.
- Renaissance Technologies's portfolio value rose 3.4% quarter-over-quarter to $73.1B.
Based on Renaissance Technologies's 13F filing for Q4 2022, filed 13 Feb 2023.