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 | |
|---|---|---|---|---|---|---|
1126
Grupo SIMEC
SIM
$4.4B
| $6.77M | 0.01% |
222,545
| – | – |
|
1127
Nurix Therapeutics
NRIX
$2.41B
| $6.76M | 0.01% |
324,000
+144,700
| +81% | +$2.25M |
|
1128
Birkenstock
BIRK
$7.12B
| $6.75M | 0.01% |
124,000
+69,800
| +129% | +$3.46M |
|
1129
Tejon Ranch
TRC
$457M
| $6.73M | 0.01% |
394,548
-41,600
| -10% | -$691K |
|
1130
Hamilton Lane
HLNE
$4.91B
| $6.71M | 0.01% |
54,331
+18,600
| +52% | +$2.17M |
|
|
LKFT
1131
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.78B
| $6.71M | 0.01% |
270,800
+4,300
| +2% | +$122K |
|
|
PTVE
1132
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $6.69M | 0.01% |
590,600
+121,400
| +26% | +$1.62M |
|
|
TRUE
1133
DELISTED
TrueCar
TRUE
| $6.65M | 0.01% |
2,123,601
+6,800
| +0.3% | +$19.9K |
|
1134
AngioDynamics
ANGO
$611M
| $6.64M | 0.01% |
1,097,614
-40,900
| -4% | -$252K |
|
1135
Enanta Pharmaceuticals
ENTA
$366M
| $6.63M | 0.01% |
510,900
-15,200
| -3% | -$205K |
|
|
ALAR
1136
Alarum Technologies
ALAR
$12.3M
| $6.63M | 0.01% |
158,861
+100,489
| +172% | +$2.98M |
|
|
BCYC
1137
Bicycle Therapeutics
BCYC
$269M
| $6.61M | 0.01% |
326,800
+161,100
| +97% | +$3.64M |
|
1138
CSP Inc
CSPI
$79.7M
| $6.59M | 0.01% |
442,226
+15,800
| +4% | +$235K |
|
1139
BWX Technologies
BWXT
$15.5B
| $6.57M | 0.01% |
69,200
+64,200
| +1,284% | +$5.95M |
|
1140
Castle Biosciences
CSTL
$849M
| $6.56M | 0.01% |
301,500
+96,800
| +47% | +$2.16M |
|
1141
Arrow Financial
AROW
$659M
| $6.56M | 0.01% |
251,921
-17,084
| -6% | -$410K |
|
1142
Fabrinet
FN
$15.6B
| $6.56M | 0.01% |
+26,800
| New | +$5.68M |
|
|
DMC
1143
Del Monte Corp
DMC
$1.41B
| $6.55M | 0.01% |
299,800
-8,900
| -3% | -$214K |
|
1144
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $6.53M | 0.01% |
142,730
-91,970
| -39% | -$4.21M |
|
1145
Pegasystems
PEGA
$5.02B
| $6.53M | 0.01% |
215,648
+9,200
| +4% | +$276K |
|
1146
Build-A-Bear
BBW
$425M
| $6.49M | 0.01% |
256,979
+17,772
| +7% | +$501K |
|
1147
Paysign
PAYS
$501M
| $6.48M | 0.01% |
1,504,380
+301,000
| +25% | +$1.33M |
|
|
SEE
1148
DELISTED
Sealed Air
SEE
| $6.46M | 0.01% |
185,700
+113,300
| +156% | +$4.04M |
|
1149
Invesco S&P 500 Top 50 ETF
XLG
$10.6B
| $6.46M | 0.01% |
141,200
+63,500
| +82% | +$2.73M |
|
1150
Zurn Elkay Water Solutions
ZWS
$8.38B
| $6.46M | 0.01% |
219,693
+194,600
| +776% | +$6.13M |
|
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.