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 | |
|---|---|---|---|---|---|---|
|
PLL
1051
DELISTED
Piedmont Lithium
PLL
| $10.7M | 0.01% |
243,190
+590
| +0.2% | +$32.7K |
|
1052
Dillards
DDS
$9.29B
| $10.7M | 0.01% |
33,000
-15,400
| -32% | -$5.01M |
|
1053
Laureate Education
LAUR
$5.12B
| $10.7M | 0.01% |
1,108,600
+842,700
| +317% | +$9.1M |
|
1054
West Fraser Timber
WFG
$5.15B
| $10.7M | 0.01% |
147,500
-75,600
| -34% | -$5.77M |
|
1055
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $10.7M | 0.01% |
302,200
-1,596,600
| -84% | -$54.3M |
|
1056
Spok Holdings
SPOK
$230M
| $10.6M | 0.01% |
1,291,922
+159,892
| +14% | +$1.3M |
|
1057
Badger Meter
BMI
$3.93B
| $10.6M | 0.01% |
97,000
-5,300
| -5% | -$576K |
|
1058
Ooma
OOMA
$606M
| $10.6M | 0.01% |
775,203
-70,636
| -8% | -$1.05M |
|
1059
CRH
CRH
$64.3B
| $10.5M | 0.01% |
264,800
+94,700
| +56% | +$3.54M |
|
1060
Preferred Bank
PFBC
$1.26B
| $10.5M | 0.01% |
140,855
+17,600
| +14% | +$1.28M |
|
1061
Saic
SAIC
$5B
| $10.5M | 0.01% |
94,550
+9,200
| +11% | +$970K |
|
1062
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $10.5M | 0.01% |
+234,600
| New | +$10.5M |
|
1063
Gulfport Energy Corp
GPOR
$2.87B
| $10.4M | 0.01% |
141,800
-35,900
| -20% | -$2.97M |
|
1064
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.1B
| $10.4M | 0.01% |
139,400
-350,400
| -72% | -$25.5M |
|
1065
DTE Energy
DTE
$29.5B
| $10.4M | 0.01% |
88,400
-237,600
| -73% | -$26.9M |
|
1066
Federal Realty Investment Trust
FRT
$10.7B
| $10.4M | 0.01% |
102,600
+31,600
| +45% | +$3.2M |
|
1067
Inspire Medical Systems
INSP
$1.48B
| $10.3M | 0.01% |
40,800
+24,300
| +147% | +$5.18M |
|
1068
Aviat Networks
AVNW
$265M
| $10.3M | 0.01% |
329,270
-54,600
| -14% | -$1.66M |
|
1069
MannKind Corp
MNKD
$1.21B
| $10.3M | 0.01% |
1,945,445
+549,099
| +39% | +$2.25M |
|
|
CLDT
1070
Chatham Lodging
CLDT
$627M
| $10.2M | 0.01% |
834,075
-39,684
| -5% | -$489K |
|
1071
RadNet
RDNT
$5.15B
| $10.2M | 0.01% |
542,970
-110,100
| -17% | -$2.06M |
|
1072
Telefônica Brasil
VIV
$20.7B
| $10.2M | 0.01% |
1,426,000
+3,500
| +0.2% | +$26.2K |
|
1073
State Street Health Care Select Sector SPDR ETF
XLV
$42.4B
| $10.1M | 0.01% |
74,600
-77,900
| -51% | -$10.3M |
|
1074
Magnite
MGNI
$2.81B
| $10.1M | 0.01% |
956,254
+430,700
| +82% | +$3.93M |
|
1075
Oxford Industries
OXM
$587M
| $10.1M | 0.01% |
108,621
-66,500
| -38% | -$6.66M |
|
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.