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 |
Advanced Micro Devices
AMD
|
+$848M |
| 2 |
Tesla
TSLA
|
+$759M |
| 3 |
Home Depot
HD
|
+$653M |
| 4 |
Meta Platforms (Facebook)
META
|
+$567M |
| 5 |
Wells Fargo
WFC
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$786M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$409M |
| 3 |
Micron Technology
MU
|
+$379M |
| 4 |
AT&T
T
|
+$372M |
| 5 |
Medtronic
MDT
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.69% |
| 2 | Technology | 14.95% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Consumer Staples | 10.7% |
| 5 | Communication Services | 8.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BELFB
1226
Bel Fuse Inc Class B
BELFB
$4.28B
| $8.55M | 0.01% |
479,245
-65,606
| -12% | -$966K |
|
1227
PagerDuty
PD
$871M
| $8.53M | 0.01% |
+249,400
| New | +$8.02M |
|
1228
Eastman Chemical
EMN
$8.45B
| $8.52M | 0.01% |
76,037
+600
| +0.8% | +$70.3K |
|
1229
Climb Global Solutions
CLMB
$500M
| $8.46M | 0.01% |
979,984
-19,200
| -2% | -$152K |
|
1230
Comstock Resources
CRK
$3.91B
| $8.44M | 0.01% |
646,500
+143,791
| +29% | +$1.28M |
|
|
ARI
1231
Apollo Commercial Real Estate
ARI
$889M
| $8.43M | 0.01% |
604,940
+549,100
| +983% | +$7.39M |
|
1232
Atea Pharmaceuticals
AVIR
$376M
| $8.41M | 0.01% |
1,165,000
+544,200
| +88% | +$3.7M |
|
1233
MACOM Technology Solutions
MTSI
$20.9B
| $8.39M | 0.01% |
140,115
+67,000
| +92% | +$4.19M |
|
1234
Mercer International
MERC
$47.5M
| $8.39M | 0.01% |
601,200
+19,684
| +3% | +$254K |
|
|
FBC
1235
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $8.38M | 0.01% |
197,612
+114,200
| +137% | +$5.26M |
|
1236
Valaris
VAL
$5.41B
| $8.35M | 0.01% |
160,700
+154,600
| +2,534% | +$6.69M |
|
1237
Green Plains
GPRE
$1.19B
| $8.3M | 0.01% |
267,743
+226,800
| +554% | +$7.12M |
|
1238
Paysafe
PSFE
$405M
| $8.3M | 0.01% |
204,033
+176,716
| +647% | +$7.3M |
|
1239
Halozyme
HALO
$9.87B
| $8.28M | 0.01% |
207,700
+81,700
| +65% | +$2.91M |
|
|
NVTA
1240
DELISTED
Invitae Corporation
NVTA
| $8.28M | 0.01% |
+1,038,782
| New | +$10.4M |
|
1241
Sierra Bancorp
BSRR
$525M
| $8.27M | 0.01% |
331,231
-5,200
| -2% | -$139K |
|
|
KYNB
1242
Kyntra Bio
KYNB
$28M
| $8.27M | 0.01% |
27,516
+23,552
| +594% | +$8.21M |
|
1243
Northeast Bank
NBN
$1.16B
| $8.26M | 0.01% |
242,245
+1,400
| +0.6% | +$50.9K |
|
|
OTLY
1244
Oatly Group
OTLY
$461M
| $8.26M | 0.01% |
+82,470
| New | +$10.9M |
|
1245
Hess Midstream
HESM
$5.17B
| $8.25M | 0.01% |
275,000
+185,100
| +206% | +$5.59M |
|
1246
Resources Connection
RGP
$158M
| $8.25M | 0.01% |
481,243
+65,300
| +16% | +$1.12M |
|
1247
State Street Energy Select Sector SPDR ETF
XLE
$38.4B
| $8.21M | 0.01% |
214,800
+190,800
| +795% | +$6.61M |
|
|
PFSW
1248
DELISTED
PFSweb, Inc.
PFSW
| $8.21M | 0.01% |
718,010
-46,900
| -6% | -$543K |
|
1249
Old National Bancorp
ONB
$10.4B
| $8.2M | 0.01% |
500,747
+100,671
| +25% | +$1.83M |
|
|
PLYM
1250
DELISTED
Plymouth Industrial REIT
PLYM
| $8.2M | 0.01% |
302,512
-2,081
| -0.7% | -$57.3K |
|
Similar funds
Renaissance Technologies's Q1 2022 Portfolio in Review
As of Q1 2022, Renaissance Technologies held 4,686 positions worth $85.2B, up 6% from $80.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies deployed $8.98B of net new capital in Q1 2022, opening 822 new positions and adding to 1,556 existing holdings. Its largest new stake was Advanced Micro Devices: 7,107,290 shares worth $777M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Berkshire Hathaway Class A, an estimated $409M trimmed.
- Renaissance Technologies's largest Q1 2022 buy was Advanced Micro Devices: 7,107,290 shares worth $777M.
- Renaissance Technologies added most to Tesla in Q1 2022, an estimated $759M increase.
- Renaissance Technologies's biggest Q1 2022 reduction was Berkshire Hathaway Class A, cutting an estimated $409M.
- Renaissance Technologies fully exited Microsoft in Q1 2022, selling an estimated $786M.
- Renaissance Technologies's ten largest holdings make up 12% of its $85.2B portfolio in Q1 2022.
- Renaissance Technologies opened 822 new positions and closed 650 in Q1 2022.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $85.2B.
Based on Renaissance Technologies's 13F filing for Q1 2022, filed 13 May 2022.