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 | |
|---|---|---|---|---|---|---|
|
SKX
1001
DELISTED
Skechers
SKX
| $8.71M | 0.01% |
126,000
+121,800
| +2,900% | +$8.06M |
|
1002
Bank OZK
OZK
$5.57B
| $8.66M | 0.01% |
211,297
-159,000
| -43% | -$6.92M |
|
1003
Banco Santander Chile
BSAC
$16.5B
| $8.66M | 0.01% |
459,800
-185,227
| -29% | -$3.52M |
|
1004
Genie Energy
GNE
$373M
| $8.64M | 0.01% |
590,785
-20,076
| -3% | -$305K |
|
1005
Visteon
VC
$2.8B
| $8.62M | 0.01% |
80,800
-39,705
| -33% | -$4.39M |
|
1006
Pricesmart
PSMT
$5.94B
| $8.62M | 0.01% |
106,165
+28,800
| +37% | +$2.37M |
|
1007
CTS Corp
CTS
$1.79B
| $8.61M | 0.01% |
170,000
+700
| +0.4% | +$34.6K |
|
1008
Ducommun
DCO
$2.77B
| $8.59M | 0.01% |
147,900
-11,900
| -7% | -$665K |
|
1009
Trade Desk
TTD
$8.59B
| $8.59M | 0.01% |
87,900
-211,900
| -71% | -$19.1M |
|
1010
Westlake Corp
WLK
$9.19B
| $8.56M | 0.01% |
+59,100
| New | +$9.08M |
|
1011
Reynolds Consumer Products
REYN
$5.32B
| $8.53M | 0.01% |
304,705
+55,405
| +22% | +$1.58M |
|
1012
HCI Group
HCI
$2.32B
| $8.52M | 0.01% |
92,419
+15,100
| +20% | +$1.57M |
|
1013
Universal Display
OLED
$3.76B
| $8.5M | 0.01% |
40,439
+14,400
| +55% | +$2.53M |
|
1014
Embotelladora Andina Series B
AKO.B
$4.72B
| $8.5M | 0.01% |
494,181
-4,400
| -0.9% | -$77.4K |
|
1015
Central Garden & Pet Co
CENT
$2.71B
| $8.5M | 0.01% |
220,687
-5,124
| -2% | -$214K |
|
1016
State Street Industrial Select Sector SPDR ETF
XLI
$32.5B
| $8.48M | 0.01% |
+69,600
| New | +$8.58M |
|
1017
Federated Hermes
FHI
$4.51B
| $8.47M | 0.01% |
257,700
-43,900
| -15% | -$1.47M |
|
1018
Viking Therapeutics
VKTX
$3.86B
| $8.45M | 0.01% |
+159,400
| New | +$10.4M |
|
1019
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39.1B
| $8.44M | 0.01% |
152,036
+30,536
| +25% | +$1.64M |
|
1020
Nature's Sunshine
NATR
$357M
| $8.44M | 0.01% |
559,797
+10,700
| +2% | +$183K |
|
|
BFS
1021
Saul Centers
BFS
$850M
| $8.4M | 0.01% |
228,474
+21,100
| +10% | +$772K |
|
1022
Clearwater Paper
CLW
$341M
| $8.4M | 0.01% |
173,200
-12,500
| -7% | -$588K |
|
1023
Ooma
OOMA
$589M
| $8.39M | 0.01% |
845,203
+33,100
| +4% | +$263K |
|
1024
Donaldson
DCI
$10.7B
| $8.38M | 0.01% |
117,100
+13,800
| +13% | +$1.01M |
|
1025
AMERISAFE
AMSF
$549M
| $8.37M | 0.01% |
190,600
+18,300
| +11% | +$839K |
|
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.