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 | |
|---|---|---|---|---|---|---|
1226
Clearfield
CLFD
$436M
| $7.97M | 0.01% |
84,658
-62,100
| -42% | -$6.55M |
|
|
KC
1227
Kingsoft Cloud Holdings
KC
$3.56B
| $7.97M | 0.01% |
2,080,200
+289,800
| +16% | +$832K |
|
1228
Otter Tail
OTTR
$3.79B
| $7.94M | 0.01% |
135,304
-94,010
| -41% | -$5.63M |
|
|
HUYA
1229
Huya Inc
HUYA
$572M
| $7.94M | 0.01% |
2,009,924
-1,114,200
| -36% | -$2.82M |
|
|
TSE
1230
DELISTED
Trinseo
TSE
| $7.92M | 0.01% |
348,600
-82,800
| -19% | -$1.83M |
|
1231
Kornit Digital
KRNT
$734M
| $7.91M | 0.01% |
344,500
-232,200
| -40% | -$5.8M |
|
|
ARCH
1232
DELISTED
Arch Resources, Inc.
ARCH
| $7.91M | 0.01% |
55,400
-97,800
| -64% | -$14.3M |
|
1233
Alpha and Omega Semiconductor
AOSL
$942M
| $7.9M | 0.01% |
276,600
-43,100
| -13% | -$1.39M |
|
1234
Imperial Oil
IMO
$61.1B
| $7.9M | 0.01% |
162,009
+20,400
| +14% | +$1.05M |
|
|
SFIX
1235
Stitch Fix
SFIX
$552M
| $7.85M | 0.01% |
2,524,800
+775,300
| +44% | +$2.9M |
|
1236
Old Second Bancorp
OSBC
$1.31B
| $7.85M | 0.01% |
489,425
-21,800
| -4% | -$348K |
|
1237
BridgeBio Pharma
BBIO
$15.7B
| $7.85M | 0.01% |
1,029,946
-336,800
| -25% | -$3.22M |
|
1238
nCino
NCNO
$2.1B
| $7.83M | 0.01% |
296,100
+158,200
| +115% | +$4.45M |
|
|
UNVR
1239
DELISTED
Univar Solutions Inc.
UNVR
| $7.82M | 0.01% |
246,002
-585,900
| -70% | -$16.8M |
|
1240
Jefferies Financial Group
JEF
$12.8B
| $7.82M | 0.01% |
238,581
-123,010
| -34% | -$4.09M |
|
|
BAND
1241
Bandwidth Inc
BAND
$1.4B
| $7.82M | 0.01% |
340,600
-23,600
| -6% | -$429K |
|
1242
Peapack-Gladstone Financial
PGC
$821M
| $7.82M | 0.01% |
210,020
-13,800
| -6% | -$527K |
|
|
EGRX
1243
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $7.79M | 0.01% |
266,650
-7,629
| -3% | -$243K |
|
|
LOGC
1244
DELISTED
ContextLogic
LOGC
| $7.79M | 0.01% |
532,500
+137,312
| +35% | +$2.82M |
|
1245
Embotelladora Andina Series B
AKO.B
$4.72B
| $7.76M | 0.01% |
535,081
-30,334
| -5% | -$352K |
|
1246
Nutanix
NTNX
$16.5B
| $7.76M | 0.01% |
297,800
+111,000
| +59% | +$3.03M |
|
1247
Information Services Group
III
$205M
| $7.75M | 0.01% |
1,685,710
-113,900
| -6% | -$576K |
|
1248
SIGA Technologies
SIGA
$230M
| $7.72M | 0.01% |
1,048,326
-1,304,921
| -55% | -$11.4M |
|
1249
Varonis Systems
VRNS
$4.73B
| $7.66M | 0.01% |
319,900
+308,100
| +2,611% | +$7.04M |
|
1250
Hanover Insurance
THG
$8.09B
| $7.65M | 0.01% |
+56,600
| New | +$7.89M |
|
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.