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 |
Amazon
AMZN
|
+$814M |
| 2 |
NVIDIA
NVDA
|
+$448M |
| 3 |
Microsoft
MSFT
|
+$394M |
| 4 |
Apple
AAPL
|
+$368M |
| 5 |
Johnson & Johnson
JNJ
|
+$288M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$616M |
| 2 |
Tesla
TSLA
|
+$406M |
| 3 |
Palo Alto Networks
PANW
|
+$400M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$394M |
| 5 |
AT&T
T
|
+$389M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.96% |
| 2 | Technology | 19.64% |
| 3 | Consumer Staples | 10.59% |
| 4 | Consumer Discretionary | 10.5% |
| 5 | Communication Services | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Coca-Cola
KO
$380B
| $141M | 0.18% |
2,603,727
-840,773
| -24% | -$45.7M |
|
102
Peloton Interactive
PTON
$2.83B
| $139M | 0.17% |
1,124,235
-1,119,053
| -50% | -$119M |
|
103
Carrier Global
CARR
$52.4B
| $139M | 0.17% |
2,861,026
-52,900
| -2% | -$2.36M |
|
104
Campbell Soup
CPB
$6.8B
| $139M | 0.17% |
3,038,443
+551,575
| +22% | +$26.6M |
|
|
105
Tesla
TSLA
$1.21T
| $138M | 0.17% |
611,025
-1,871,118
| -75% | -$406M |
|
106
HSBC
HSBC
$356B
| $138M | 0.17% |
4,786,843
-1,189,000
| -20% | -$36.3M |
|
107
Altria Group
MO
$125B
| $138M | 0.17% |
2,883,955
-61,200
| -2% | -$3.01M |
|
108
Gen Digital
GEN
$16.6B
| $137M | 0.17% |
5,045,538
+3,250,300
| +181% | +$80.9M |
|
109
Nomad Foods
NOMD
$1.71B
| $137M | 0.17% |
4,829,779
+138,700
| +3% | +$4.08M |
|
|
SNP
110
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $136M | 0.17% |
2,671,767
-198,423
| -7% | -$10.5M |
|
111
Carvana
CVNA
$47.3B
| $133M | 0.17% |
2,209,500
+766,000
| +53% | +$41.7M |
|
112
Keurig Dr Pepper
KDP
$42.3B
| $133M | 0.17% |
3,769,781
+654,800
| +21% | +$23.4M |
|
113
Danaher
DHR
$140B
| $133M | 0.17% |
557,949
-296,856
| -35% | -$65.8M |
|
114
Logitech
LOGI
$16B
| $131M | 0.16% |
1,082,021
-209,542
| -16% | -$24.5M |
|
115
CorVel
CRVL
$3.15B
| $131M | 0.16% |
2,920,530
-88,500
| -3% | -$3.49M |
|
116
GameStop
GME
$9.94B
| $130M | 0.16% |
+2,424,564
| New | +$118M |
|
117
Alkermes
ALKS
$8.42B
| $129M | 0.16% |
5,278,613
-786,900
| -13% | -$17.5M |
|
118
Workiva
WK
$3.28B
| $129M | 0.16% |
1,157,400
-194,300
| -14% | -$18.9M |
|
119
CVS Health
CVS
$139B
| $129M | 0.16% |
1,541,095
-250,358
| -14% | -$20.5M |
|
120
Willis Towers Watson
WTW
$29.9B
| $128M | 0.16% |
558,520
+238,700
| +75% | +$59.4M |
|
121
Accenture
ACN
$101B
| $127M | 0.16% |
+430,900
| New | +$123M |
|
|
VGR
122
DELISTED
Vector Group Ltd.
VGR
| $127M | 0.16% |
12,624,215
-157,625
| -1% | -$1.57M |
|
123
McDonald's
MCD
$194B
| $125M | 0.16% |
541,500
-176,000
| -25% | -$41M |
|
124
Pacira BioSciences
PCRX
$1.06B
| $125M | 0.16% |
2,060,327
-254,470
| -11% | -$16.1M |
|
125
Nike
NKE
$63.8B
| $124M | 0.16% |
805,800
+649,600
| +416% | +$87.4M |
|
Similar funds
Renaissance Technologies's Q2 2021 Portfolio in Review
As of Q2 2021, Renaissance Technologies held 3,960 positions worth $80.1B, down 0.34% from $80.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $5.63B in Q2 2021, closing 551 positions and reducing 1,699 holdings. Its most notable exit was AT&T, an estimated $389M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Caterpillar worth $227M.
- Renaissance Technologies's largest Q2 2021 buy was Caterpillar: 1,042,778 shares worth $227M.
- Renaissance Technologies added most to Amazon in Q2 2021, an estimated $814M increase.
- Renaissance Technologies's biggest Q2 2021 reduction was Baidu, cutting an estimated $616M.
- Renaissance Technologies fully exited AT&T in Q2 2021, selling an estimated $389M.
- Renaissance Technologies's ten largest holdings make up 12% of its $80.1B portfolio in Q2 2021.
- Renaissance Technologies opened 701 new positions and closed 551 in Q2 2021.
- Renaissance Technologies's portfolio value fell 0.34% quarter-over-quarter to $80.1B.
Based on Renaissance Technologies's 13F filing for Q2 2021, filed 13 Aug 2021.