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 | |
|---|---|---|---|---|---|---|
1451
Skywest
SKYW
$4.48B
| $5.55M | 0.01% |
336,468
-243,500
| -42% | -$4.27M |
|
|
ASAI
1452
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $5.55M | 0.01% |
303,000
+20,700
| +7% | +$378K |
|
|
AVID
1453
DELISTED
Avid Technology Inc
AVID
| $5.55M | 0.01% |
208,600
-36,900
| -15% | -$971K |
|
1454
Eagle Bancorp
EGBN
$860M
| $5.54M | 0.01% |
125,780
+75,600
| +151% | +$3.42M |
|
1455
Mobileye
MBLY
$2.15B
| $5.54M | 0.01% |
+157,988
| New | +$4.79M |
|
1456
Pembina Pipeline
PBA
$27.7B
| $5.51M | 0.01% |
162,364
+34,000
| +26% | +$1.14M |
|
1457
Rayonier
RYN
$6.45B
| $5.51M | 0.01% |
184,261
-211,517
| -53% | -$6.5M |
|
1458
Arcos Dorados Holdings
ARCO
$1.75B
| $5.51M | 0.01% |
658,914
+296,566
| +82% | +$2.22M |
|
1459
Vitamin Cottage Natural Grocers
NGVC
$754M
| $5.5M | 0.01% |
601,809
-63,200
| -10% | -$665K |
|
1460
Asana
ASAN
$1.99B
| $5.49M | 0.01% |
398,700
-513,600
| -56% | -$9.32M |
|
1461
eGain
EGAN
$199M
| $5.49M | 0.01% |
607,619
-38,600
| -6% | -$318K |
|
1462
LendingTree
TREE
$461M
| $5.49M | 0.01% |
257,200
+13,800
| +6% | +$314K |
|
1463
Moog Inc Class A
MOG.A
$12.9B
| $5.49M | 0.01% |
62,500
-1,400
| -2% | -$117K |
|
1464
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.38B
| $5.48M | 0.01% |
+114,500
| New | +$5.45M |
|
1465
Under Armour Class C
UA
$2.82B
| $5.47M | 0.01% |
613,600
+155,500
| +34% | +$1.18M |
|
|
ACB
1466
Aurora Cannabis
ACB
$174M
| $5.47M | 0.01% |
592,849
+167,769
| +39% | +$2M |
|
1467
Alector
ALEC
$170M
| $5.46M | 0.01% |
591,812
-128,771
| -18% | -$1.12M |
|
1468
Franklin Electric
FELE
$4.77B
| $5.44M | 0.01% |
68,200
+60,000
| +732% | +$4.95M |
|
1469
Green Brick Partners
GRBK
$3.09B
| $5.43M | 0.01% |
224,109
+159,300
| +246% | +$3.68M |
|
1470
Washington Trust Bancorp
WASH
$762M
| $5.4M | 0.01% |
114,468
+13,168
| +13% | +$633K |
|
|
UBA
1471
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.38M | 0.01% |
284,117
-30,900
| -10% | -$565K |
|
|
DSKE
1472
DELISTED
Daseke, Inc. Common Stock
DSKE
| $5.38M | 0.01% |
944,839
+400
| +0% | +$2.36K |
|
1473
Cavco Industries
CVCO
$4.3B
| $5.38M | 0.01% |
23,755
-19,000
| -44% | -$4.22M |
|
|
SMMF
1474
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.38M | 0.01% |
215,932
-9,503
| -4% | -$262K |
|
1475
First Interstate BancSystem
FIBK
$3.73B
| $5.37M | 0.01% |
138,798
+130,500
| +1,573% | +$5.52M |
|
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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.