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 | |
|---|---|---|---|---|---|---|
1126
Mueller Industries
MLI
$14.6B
| $9.26M | 0.01% |
627,600
-142,400
| -18% | -$2.27M |
|
|
EMBJ
1127
Embraer S.A. ADS
EMBJ
$12.6B
| $9.25M | 0.01% |
846,200
-87,700
| -9% | -$890K |
|
1128
CGI
GIB
$15.2B
| $9.24M | 0.01% |
107,300
-62,300
| -37% | -$5.13M |
|
1129
Teekay
TK
$1.01B
| $9.23M | 0.01% |
2,033,214
-7,661
| -0.4% | -$31.8K |
|
1130
Texas Roadhouse
TXRH
$13.9B
| $9.22M | 0.01% |
101,400
-3,672
| -3% | -$353K |
|
1131
Hess Midstream
HESM
$5.23B
| $9.21M | 0.01% |
307,900
-16,900
| -5% | -$483K |
|
|
ZUO
1132
DELISTED
Zuora, Inc.
ZUO
| $9.18M | 0.01% |
1,443,000
-67,700
| -4% | -$479K |
|
1133
Macy's
M
$6.79B
| $9.16M | 0.01% |
443,600
-4,114,564
| -90% | -$84.2M |
|
1134
GitLab
GTLB
$6.08B
| $9.16M | 0.01% |
+201,500
| New | +$9.1M |
|
1135
BGC Group
BGC
$5.38B
| $9.14M | 0.01% |
2,424,048
+245,100
| +11% | +$968K |
|
|
LBAI
1136
DELISTED
Lakeland Bancorp Inc
LBAI
| $9.12M | 0.01% |
517,775
-10,300
| -2% | -$184K |
|
|
VSTO
1137
DELISTED
Vista Outdoor Inc.
VSTO
| $9.11M | 0.01% |
373,900
+151,200
| +68% | +$3.97M |
|
1138
Franklin Covey
FC
$250M
| $9.11M | 0.01% |
194,803
-32,100
| -14% | -$1.57M |
|
1139
Children's Place
PLCE
$56.9M
| $9.11M | 0.01% |
250,062
+125,962
| +102% | +$4.71M |
|
1140
Corebridge Financial
CRBG
$14.1B
| $9.1M | 0.01% |
+453,500
| New | +$9.58M |
|
1141
First Citizens BancShares
FCNCA
$25B
| $9.09M | 0.01% |
11,986
+6,300
| +111% | +$5.07M |
|
|
KBAL
1142
DELISTED
Kimball International
KBAL
| $9.07M | 0.01% |
1,395,276
-68,209
| -5% | -$466K |
|
1143
Arrow Financial
AROW
$666M
| $9.06M | 0.01% |
275,316
-26,352
| -9% | -$851K |
|
1144
Best Buy
BBY
$17.7B
| $9.05M | 0.01% |
112,800
-102,500
| -48% | -$7.55M |
|
1145
Harmony Gold Mining
HMY
$10.1B
| $9.03M | 0.01% |
2,656,673
-1,280,347
| -33% | -$4.04M |
|
1146
Strategy Inc
MSTR
$34.9B
| $9M | 0.01% |
636,000
-2,196,000
| -78% | -$44.9M |
|
1147
Lincoln Electric
LECO
$14.4B
| $8.98M | 0.01% |
62,138
+7,300
| +13% | +$1.02M |
|
|
ROIC
1148
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $8.97M | 0.01% |
597,000
+204,200
| +52% | +$2.99M |
|
1149
Brookfield Asset Management
BAM
$80.1B
| $8.97M | 0.01% |
+312,926
| New | +$9.42M |
|
1150
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $8.94M | 0.01% |
94,881
+91,681
| +2,865% | +$8.62M |
|
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.