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 |
Broadcom
AVGO
|
+$412M |
| 2 |
Advanced Micro Devices
AMD
|
+$294M |
| 3 |
Apple
AAPL
|
+$244M |
| 4 |
Qualcomm
QCOM
|
+$207M |
| 5 |
Pinduoduo
PDD
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$510M |
| 2 |
Uber
UBER
|
+$419M |
| 3 |
Chevron
CVX
|
+$286M |
| 4 |
Meta Platforms (Facebook)
META
|
+$255M |
| 5 |
NVO
Novo Nordisk
NVO
|
+$215M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.64% |
| 2 | Healthcare | 18.28% |
| 3 | Consumer Discretionary | 13.73% |
| 4 | Industrials | 8.66% |
| 5 | Financials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1251
Weave Communications
WEAV
$520M
| $5.35M | 0.01% |
593,500
+89,600
| +18% | +$872K |
|
1252
Vera Therapeutics
VERA
$2.3B
| $5.35M | 0.01% |
147,800
+32,800
| +29% | +$1.3M |
|
|
ESSA
1253
DELISTED
ESSA Bancorp
ESSA
| $5.35M | 0.01% |
303,918
-4,600
| -1% | -$78K |
|
|
DCH
1254
Dauch Corp
DCH
$1.34B
| $5.33M | 0.01% |
762,599
-422,900
| -36% | -$3.12M |
|
1255
Repligen
RGEN
$7.96B
| $5.32M | 0.01% |
+42,204
| New | +$6.61M |
|
1256
T. Rowe Price Capital Appreciation Equity ETF
TCAF
$7.99B
| $5.31M | 0.01% |
169,133
-57,567
| -25% | -$1.75M |
|
1257
KB Home
KBH
$3.37B
| $5.31M | 0.01% |
75,600
-50,800
| -40% | -$3.46M |
|
1258
California Water Service
CWT
$3B
| $5.3M | 0.01% |
109,400
-36,500
| -25% | -$1.77M |
|
|
CVGW
1259
DELISTED
Calavo Growers
CVGW
| $5.3M | 0.01% |
233,520
-14,680
| -6% | -$385K |
|
1260
News Corp Class B
NWS
$16.9B
| $5.3M | 0.01% |
186,630
+37,220
| +25% | +$990K |
|
1261
Townsquare Media
TSQ
$106M
| $5.29M | 0.01% |
482,352
+17,900
| +4% | +$207K |
|
1262
NACCO Industries
NC
$357M
| $5.29M | 0.01% |
191,018
-8,700
| -4% | -$264K |
|
1263
Johnson Outdoors
JOUT
$491M
| $5.28M | 0.01% |
151,000
-19,100
| -11% | -$738K |
|
1264
Pearson
PSO
$10.2B
| $5.26M | 0.01% |
421,620
+171,220
| +68% | +$2.11M |
|
1265
NewMarket
NEU
$7.82B
| $5.26M | 0.01% |
10,200
-2,000
| -16% | -$1.11M |
|
|
AE
1266
DELISTED
Adams Resources & Energy Inc
AE
| $5.25M | 0.01% |
187,656
-3,700
| -2% | -$103K |
|
1267
Shenandoah Telecom
SHEN
$664M
| $5.25M | 0.01% |
321,612
-60,859
| -16% | -$980K |
|
1268
Perella Weinberg Partners
PWP
$1.29B
| $5.24M | 0.01% |
322,600
-18,600
| -5% | -$281K |
|
1269
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $5.24M | 0.01% |
110,600
+32,900
| +42% | +$1.55M |
|
1270
Coty
COTY
$2.42B
| $5.24M | 0.01% |
522,630
+149,900
| +40% | +$1.61M |
|
1271
Brown-Forman Class A
BF.A
$13.4B
| $5.22M | 0.01% |
118,376
+80,400
| +212% | +$3.84M |
|
1272
Northwest Natural Holdings
NWN
$2.06B
| $5.21M | 0.01% |
144,198
+115,698
| +406% | +$4.28M |
|
|
OPTU
1273
Optimum Communications Inc
OPTU
$298M
| $5.2M | 0.01% |
2,547,700
-746,500
| -23% | -$1.66M |
|
1274
Franklin Covey
FC
$242M
| $5.19M | 0.01% |
136,603
-8,300
| -6% | -$312K |
|
|
OLO
1275
DELISTED
Olo Inc
OLO
| $5.17M | 0.01% |
1,170,500
+171,700
| +17% | +$813K |
|
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Renaissance Technologies's Q2 2024 Portfolio in Review
As of Q2 2024, Renaissance Technologies held 4,123 positions worth $59B, down 7.3% from $63.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $4.49B in Q2 2024, closing 675 positions and reducing 1,503 holdings. Its most notable exit was Bank of America, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Broadcom worth $472M.
- Renaissance Technologies's largest Q2 2024 buy was Broadcom: 2,941,150 shares worth $472M.
- Renaissance Technologies added most to Apple in Q2 2024, an estimated $244M increase.
- Renaissance Technologies's biggest Q2 2024 reduction was Amazon, cutting an estimated $510M.
- Renaissance Technologies fully exited Bank of America in Q2 2024, selling an estimated $142M.
- Renaissance Technologies's ten largest holdings make up 12% of its $59B portfolio in Q2 2024.
- Renaissance Technologies opened 463 new positions and closed 675 in Q2 2024.
- Renaissance Technologies's portfolio value fell 7.3% quarter-over-quarter to $59B.
Based on Renaissance Technologies's 13F filing for Q2 2024, filed 9 Aug 2024.