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
|
+$856M |
| 2 |
Meta Platforms (Facebook)
META
|
+$647M |
| 3 |
NVIDIA
NVDA
|
+$615M |
| 4 |
Berkshire Hathaway Class A
BRK.A
|
+$304M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.03B |
| 2 |
UnitedHealth
UNH
|
+$686M |
| 3 |
Tesla
TSLA
|
+$387M |
| 4 |
Abbott
ABT
|
+$380M |
| 5 |
Chevron
CVX
|
+$328M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.26% |
| 2 | Healthcare | 16.96% |
| 3 | Consumer Discretionary | 12.82% |
| 4 | Consumer Staples | 9.14% |
| 5 | Industrials | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Lakeland Industries
LAKE
$113M
| $6.86M | 0.01% |
477,002
-6,700
| -1% | -$83.8K |
|
1227
S&P Global
SPGI
$121B
| $6.86M | 0.01% |
17,115
-447,807
| -96% | -$164M |
|
|
LBAI
1228
DELISTED
Lakeland Bancorp Inc
LBAI
| $6.86M | 0.01% |
512,375
-7,800
| -1% | -$109K |
|
1229
Tilly's
TLYS
$116M
| $6.86M | 0.01% |
978,612
-35,400
| -3% | -$260K |
|
1230
Select Water Solutions
WTTR
$2.3B
| $6.85M | 0.01% |
845,533
+139,034
| +20% | +$1.05M |
|
|
SAND
1231
DELISTED
Sandstorm Gold
SAND
| $6.85M | 0.01% |
1,337,300
-786,300
| -37% | -$4.38M |
|
1232
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $6.85M | 0.01% |
148,300
-96,590
| -39% | -$4.47M |
|
1233
Acacia Research
ACTG
$428M
| $6.84M | 0.01% |
1,645,100
-2,412
| -0.1% | -$9.73K |
|
1234
Blackbaud
BLKB
$1.94B
| $6.83M | 0.01% |
95,897
+90,797
| +1,780% | +$6.38M |
|
1235
Navient
NAVI
$789M
| $6.83M | 0.01% |
367,400
+56,500
| +18% | +$929K |
|
1236
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $6.83M | 0.01% |
80,400
-302,400
| -79% | -$23.2M |
|
1237
Synaptics
SYNA
$4.19B
| $6.82M | 0.01% |
79,927
-9,400
| -11% | -$816K |
|
|
CD
1238
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $6.82M | 0.01% |
952,600
-85,200
| -8% | -$544K |
|
1239
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $6.8M | 0.01% |
+62,900
| New | +$6.8M |
|
|
ORC
1240
Orchid Island Capital
ORC
$1.3B
| $6.8M | 0.01% |
657,115
+423,055
| +181% | +$4.37M |
|
1241
Preferred Bank
PFBC
$1.24B
| $6.79M | 0.01% |
123,455
-7,300
| -6% | -$367K |
|
|
MASI
1242
DELISTED
Masimo
MASI
| $6.78M | 0.01% |
41,230
-40,070
| -49% | -$6.98M |
|
1243
NACCO Industries
NC
$357M
| $6.78M | 0.01% |
195,718
-4,700
| -2% | -$161K |
|
1244
Organon & Co
OGN
$3.56B
| $6.77M | 0.01% |
325,500
-153,000
| -32% | -$3.33M |
|
1245
DraftKings
DKNG
$11.6B
| $6.75M | 0.01% |
+253,930
| New | +$5.85M |
|
1246
CTS Corp
CTS
$1.83B
| $6.74M | 0.01% |
158,200
+16,200
| +11% | +$712K |
|
1247
Jackson Financial
JXN
$8.53B
| $6.71M | 0.01% |
219,303
+88,344
| +67% | +$2.85M |
|
|
FLIC
1248
DELISTED
First of Long Island Corp
FLIC
| $6.71M | 0.01% |
558,250
+7,800
| +1% | +$90.7K |
|
|
UBA
1249
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $6.68M | 0.01% |
314,417
+19,000
| +6% | +$355K |
|
1250
Vitamin Cottage Natural Grocers
NGVC
$739M
| $6.68M | 0.01% |
544,909
-25,300
| -4% | -$285K |
|
Similar funds
Renaissance Technologies's Q2 2023 Portfolio in Review
As of Q2 2023, Renaissance Technologies held 4,468 positions worth $69.4B, down 7.9% from $75.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $8.1B in Q2 2023, closing 599 positions and reducing 1,691 holdings. Its most notable exit was UnitedHealth, an estimated $686M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Berkshire Hathaway Class A worth $316M.
- Renaissance Technologies's largest Q2 2023 buy was Berkshire Hathaway Class A: 611 shares worth $316M.
- Renaissance Technologies added most to Apple in Q2 2023, an estimated $856M increase.
- Renaissance Technologies's biggest Q2 2023 reduction was Amazon, cutting an estimated $1.03B.
- Renaissance Technologies fully exited UnitedHealth in Q2 2023, selling an estimated $686M.
- Renaissance Technologies's ten largest holdings make up 12% of its $69.4B portfolio in Q2 2023.
- Renaissance Technologies opened 542 new positions and closed 599 in Q2 2023.
- Renaissance Technologies's portfolio value fell 7.9% quarter-over-quarter to $69.4B.
Based on Renaissance Technologies's 13F filing for Q2 2023, filed 11 Aug 2023.