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 |
Microsoft
MSFT
|
+$1.04B |
| 2 |
Chevron
CVX
|
+$820M |
| 3 |
Shopify
SHOP
|
+$599M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$539M |
| 5 |
Meta Platforms (Facebook)
META
|
+$479M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$675M |
| 2 |
Tesla
TSLA
|
+$661M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$633M |
| 4 |
Verizon
VZ
|
+$533M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.41% |
| 2 | Technology | 16.8% |
| 3 | Consumer Staples | 11.12% |
| 4 | Consumer Discretionary | 10.11% |
| 5 | Financials | 8.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PBPB
1176
DELISTED
Potbelly
PBPB
| $8.82M | 0.01% |
1,560,454
-4,200
| -0.3% | -$24.5K |
|
1177
TIM SA
TIMB
$9.11B
| $8.78M | 0.01% |
722,586
+42,400
| +6% | +$579K |
|
1178
Tilly's
TLYS
$116M
| $8.77M | 0.01% |
1,249,198
-46,500
| -4% | -$388K |
|
1179
Mattel
MAT
$4.38B
| $8.75M | 0.01% |
391,900
-708,700
| -64% | -$16.7M |
|
1180
Pricesmart
PSMT
$6.03B
| $8.75M | 0.01% |
122,165
+4,200
| +4% | +$326K |
|
|
HDSN
1181
Hudson Technologies
HDSN
$253M
| $8.75M | 0.01% |
1,164,650
+243,500
| +26% | +$2.01M |
|
|
PPBI
1182
DELISTED
Pacific Premier Bancorp
PPBI
| $8.75M | 0.01% |
299,128
+209,294
| +233% | +$6.69M |
|
1183
Marathon Digital Holdings
MARA
$4.39B
| $8.74M | 0.01% |
1,636,538
+1,224,300
| +297% | +$16.4M |
|
1184
Terex
TEX
$7.34B
| $8.73M | 0.01% |
318,800
-514,800
| -62% | -$17.1M |
|
|
NEWR
1185
DELISTED
New Relic, Inc.
NEWR
| $8.72M | 0.01% |
+174,300
| New | +$9.68M |
|
1186
TechnipFMC
FTI
$28.4B
| $8.71M | 0.01% |
1,293,800
-3,113,100
| -71% | -$23.7M |
|
1187
Hexcel
HXL
$7.81B
| $8.69M | 0.01% |
+166,200
| New | +$9.12M |
|
|
EGLE
1188
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $8.67M | 0.01% |
167,100
+148,400
| +794% | +$9.5M |
|
|
BLDP
1189
Ballard Power Systems
BLDP
$829M
| $8.65M | 0.01% |
1,373,813
-858,700
| -38% | -$6.87M |
|
1190
Travel + Leisure Co
TNL
$4.63B
| $8.62M | 0.01% |
+222,100
| New | +$11M |
|
1191
Ingersoll Rand
IR
$32.8B
| $8.59M | 0.01% |
204,100
+171,400
| +524% | +$7.8M |
|
|
LBAI
1192
DELISTED
Lakeland Bancorp Inc
LBAI
| $8.58M | 0.01% |
587,006
-9,789
| -2% | -$150K |
|
1193
Kyndryl
KD
$2.98B
| $8.51M | 0.01% |
870,200
+838,300
| +2,628% | +$9.76M |
|
1194
Harrow
HROW
$1.44B
| $8.5M | 0.01% |
1,167,812
+78,903
| +7% | +$532K |
|
1195
BCB Bancorp
BCBP
$173M
| $8.49M | 0.01% |
498,279
+29,201
| +6% | +$542K |
|
1196
SentinelOne
S
$6.44B
| $8.48M | 0.01% |
363,300
+321,100
| +761% | +$9.01M |
|
|
MGIC
1197
DELISTED
Magic Software Enterprises
MGIC
| $8.47M | 0.01% |
476,452
-40,212
| -8% | -$689K |
|
1198
Global Ship Lease
GSL
$1.6B
| $8.44M | 0.01% |
511,152
-84,100
| -14% | -$1.85M |
|
1199
Valhi
VHI
$381M
| $8.43M | 0.01% |
185,917
+24,200
| +15% | +$963K |
|
1200
Western Alliance Bancorporation
WAL
$8.81B
| $8.42M | 0.01% |
119,304
-126,400
| -51% | -$9.67M |
|
Similar funds
Renaissance Technologies's Q2 2022 Portfolio in Review
As of Q2 2022, Renaissance Technologies held 4,738 positions worth $84.5B, down 0.87% from $85.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $13.7B of net new capital in Q2 2022, opening 695 new positions and adding to 1,955 existing holdings. Its largest new stake was Microsoft: 3,820,133 shares worth $981M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Tesla, an estimated $661M trimmed.
- Renaissance Technologies's largest Q2 2022 buy was Microsoft: 3,820,133 shares worth $981M.
- Renaissance Technologies added most to Chevron in Q2 2022, an estimated $820M increase.
- Renaissance Technologies's biggest Q2 2022 reduction was Tesla, cutting an estimated $661M.
- Renaissance Technologies fully exited Amazon in Q2 2022, selling an estimated $675M.
- Renaissance Technologies's ten largest holdings make up 11% of its $84.5B portfolio in Q2 2022.
- Renaissance Technologies opened 695 new positions and closed 562 in Q2 2022.
- Renaissance Technologies's portfolio value fell 0.87% quarter-over-quarter to $84.5B.
Based on Renaissance Technologies's 13F filing for Q2 2022, filed 12 Aug 2022.