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 | |
|---|---|---|---|---|---|---|
|
HAPN
1276
Happen Inc
HAPN
$2.21B
| $5.16M | 0.01% |
610,225
-212,100
| -26% | -$1.81M |
|
1277
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $5.14M | 0.01% |
145,000
-79,170
| -35% | -$2.8M |
|
1278
Hallador Energy
HNRG
$670M
| $5.13M | 0.01% |
659,655
-135,700
| -17% | -$850K |
|
1279
Suncor Energy
SU
$79.4B
| $5.13M | 0.01% |
134,526
-546,640
| -80% | -$21.1M |
|
1280
PetMed Express
PETS
$41.7M
| $5.12M | 0.01% |
1,264,569
-318,215
| -20% | -$1.36M |
|
1281
Accuray
ARAY
$32M
| $5.12M | 0.01% |
2,812,184
+7,500
| +0.3% | +$14.3K |
|
1282
AbCellera Biologics
ABCL
$1.74B
| $5.12M | 0.01% |
1,728,603
+239,000
| +16% | +$904K |
|
|
PPBI
1283
DELISTED
Pacific Premier Bancorp
PPBI
| $5.11M | 0.01% |
222,628
+77,400
| +53% | +$1.72M |
|
1284
DXP Enterprises
DXPE
$2.43B
| $5.1M | 0.01% |
111,300
+61,900
| +125% | +$3.13M |
|
1285
Quanterix
QTRX
$164M
| $5.08M | 0.01% |
384,600
-40,786
| -10% | -$682K |
|
1286
Axos Financial
AX
$5.77B
| $5.08M | 0.01% |
+88,837
| New | +$4.83M |
|
1287
Interface
TILE
$1.99B
| $5.07M | 0.01% |
345,400
+34,200
| +11% | +$532K |
|
1288
Acuity Brands
AYI
$9.83B
| $5.07M | 0.01% |
21,000
+15,800
| +304% | +$4.04M |
|
1289
TriNet
TNET
$3.02B
| $5.07M | 0.01% |
50,700
-59,000
| -54% | -$6.57M |
|
|
CMA
1290
DELISTED
Comerica
CMA
| $5.06M | 0.01% |
99,047
-319,700
| -76% | -$16.3M |
|
1291
Crawford & Co Class A
CRD.A
$532M
| $5.05M | 0.01% |
584,924
-27,794
| -5% | -$258K |
|
|
NXDR
1292
Nextdoor Holdings
NXDR
$847M
| $5.04M | 0.01% |
1,814,300
+200,500
| +12% | +$464K |
|
|
INFA
1293
DELISTED
Informatica
INFA
| $5.01M | 0.01% |
162,100
+134,400
| +485% | +$4.23M |
|
1294
York Water
YORW
$502M
| $5M | 0.01% |
134,836
-10,000
| -7% | -$363K |
|
1295
Sonos
SONO
$1.73B
| $4.98M | 0.01% |
337,700
+319,200
| +1,725% | +$5.3M |
|
|
BERY
1296
DELISTED
Berry Global Group, Inc.
BERY
| $4.98M | 0.01% |
92,061
-48,134
| -34% | -$2.61M |
|
1297
PAR Technology
PAR
$699M
| $4.97M | 0.01% |
105,600
+75,600
| +252% | +$3.34M |
|
1298
Natural Health Trends
NHTC
$14.7M
| $4.97M | 0.01% |
699,515
-5,790
| -0.8% | -$39.6K |
|
1299
Archer Daniels Midland
ADM
$38.2B
| $4.96M | 0.01% |
82,100
-18,800
| -19% | -$1.15M |
|
1300
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $4.96M | 0.01% |
+98,800
| New | +$4.94M |
|
Similar funds
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.