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 | |
|---|---|---|---|---|---|---|
1026
LivaNova
LIVN
$4.41B
| $8.35M | 0.01% |
152,394
-20,700
| -12% | -$1.18M |
|
1027
Core Molding Technologies
CMT
$203M
| $8.35M | 0.01% |
523,864
-3,600
| -0.7% | -$65.8K |
|
1028
Aspen Aerogels
ASPN
$376M
| $8.34M | 0.01% |
+349,700
| New | +$8.21M |
|
1029
Commercial Vehicle Group
CVGI
$152M
| $8.34M | 0.01% |
1,701,859
-25,400
| -1% | -$144K |
|
|
ITOS
1030
DELISTED
iTeos Therapeutics
ITOS
| $8.3M | 0.01% |
559,600
-157,700
| -22% | -$2.26M |
|
|
XIFR
1031
XPLR Infrastructure LP
XIFR
$1.12B
| $8.3M | 0.01% |
300,300
-311,400
| -51% | -$9.45M |
|
1032
Preformed Line Products
PLPC
$1.8B
| $8.29M | 0.01% |
66,600
+200
| +0.3% | +$25.6K |
|
1033
KRONOS Worldwide
KRO
$682M
| $8.29M | 0.01% |
660,500
+8,400
| +1% | +$106K |
|
1034
Ryan Specialty Holdings
RYAN
$5.8B
| $8.28M | 0.01% |
142,900
-11,400
| -7% | -$608K |
|
1035
Western New England Bancorp
WNEB
$259M
| $8.26M | 0.01% |
1,200,362
+32,700
| +3% | +$217K |
|
1036
Nomura Holdings
NMR
$28.2B
| $8.25M | 0.01% |
1,427,019
-362,300
| -20% | -$2.15M |
|
1037
VanEck Intermediate Muni ETF
ITM
$2.14B
| $8.24M | 0.01% |
179,700
-178,900
| -50% | -$8.21M |
|
1038
Merit Medical Systems
MMSI
$5.04B
| $8.2M | 0.01% |
95,412
-18,200
| -16% | -$1.43M |
|
1039
ONE Gas
OGS
$4.9B
| $8.18M | 0.01% |
128,100
+90,500
| +241% | +$5.68M |
|
|
CLDT
1040
Chatham Lodging
CLDT
$624M
| $8.16M | 0.01% |
957,275
+9,200
| +1% | +$82.7K |
|
1041
Rayonier Advanced Materials
RYAM
$594M
| $8.14M | 0.01% |
1,496,142
+101,128
| +7% | +$492K |
|
1042
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.08B
| $8.1M | 0.01% |
318,572
-8,380
| -3% | -$213K |
|
1043
Kosmos Energy
KOS
$1.56B
| $8.1M | 0.01% |
1,462,835
+4,395
| +0.3% | +$25.6K |
|
1044
Core & Main
CNM
$8.17B
| $8.07M | 0.01% |
164,900
-52,100
| -24% | -$2.89M |
|
|
PRA
1045
DELISTED
ProAssurance
PRA
| $8.07M | 0.01% |
660,000
-26,900
| -4% | -$365K |
|
1046
Natural Gas Services Group
NGS
$469M
| $8.03M | 0.01% |
399,342
+19,543
| +5% | +$429K |
|
1047
Flowserve
FLS
$9.7B
| $8M | 0.01% |
166,400
-123,700
| -43% | -$5.92M |
|
1048
EXL Service
EXLS
$5.2B
| $8M | 0.01% |
255,200
+194,000
| +317% | +$5.82M |
|
1049
Selective Insurance
SIGI
$5.66B
| $7.99M | 0.01% |
85,194
-17,100
| -17% | -$1.67M |
|
|
MODV
1050
DELISTED
ModivCare
MODV
| $7.98M | 0.01% |
304,299
+31,800
| +12% | +$805K |
|
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.