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 | |
|---|---|---|---|---|---|---|
|
INST
1451
DELISTED
Instructure Holdings, Inc.
INST
| $4.01M | 0.01% |
171,400
-96,100
| -36% | -$2.05M |
|
1452
Akebia Therapeutics
AKBA
$354M
| $3.99M | 0.01% |
3,914,800
+262,700
| +7% | +$325K |
|
1453
Rackspace Technology
RXT
$1.05B
| $3.99M | 0.01% |
1,339,200
+256,900
| +24% | +$515K |
|
1454
WaFd
WAFD
$2.72B
| $3.99M | 0.01% |
139,530
+27,100
| +24% | +$750K |
|
|
AUTL
1455
Autolus Therapeutics
AUTL
$397M
| $3.98M | 0.01% |
1,145,056
+821,156
| +254% | +$3.54M |
|
1456
Viant Technology
DSP
$236M
| $3.98M | 0.01% |
403,300
-21,900
| -5% | -$204K |
|
1457
Center Bancorp
CNOB
$1.66B
| $3.96M | 0.01% |
209,487
+14,124
| +7% | +$265K |
|
1458
Riley Exploration Permian
REPX
$744M
| $3.94M | 0.01% |
139,000
+67,900
| +95% | +$1.87M |
|
1459
Principal Financial Group
PFG
$24.3B
| $3.92M | 0.01% |
50,000
-89,000
| -64% | -$7.23M |
|
1460
Shell
SHEL
$254B
| $3.91M | 0.01% |
54,200
-31,086
| -36% | -$2.22M |
|
1461
CION Investment
CION
$297M
| $3.91M | 0.01% |
322,600
-229,500
| -42% | -$2.71M |
|
1462
AtriCure
ATRC
$1.92B
| $3.91M | 0.01% |
171,700
+19,500
| +13% | +$450K |
|
1463
Materion
MTRN
$4.39B
| $3.88M | 0.01% |
35,900
+22,300
| +164% | +$2.56M |
|
1464
West Bancorporation
WTBA
$478M
| $3.88M | 0.01% |
216,752
+8,200
| +4% | +$139K |
|
1465
New Jersey Resources
NJR
$5.84B
| $3.88M | 0.01% |
90,700
-19,700
| -18% | -$850K |
|
|
CWAN
1466
DELISTED
Clearwater Analytics
CWAN
| $3.87M | 0.01% |
208,800
-664,300
| -76% | -$12M |
|
|
HBI
1467
DELISTED
Hanesbrands
HBI
| $3.87M | 0.01% |
784,200
-1,354,900
| -63% | -$6.64M |
|
|
OLPX
1468
DELISTED
Olaplex Holdings
OLPX
| $3.85M | 0.01% |
2,501,400
+14,200
| +0.6% | +$22.6K |
|
1469
Sportradar
SRAD
$4.3B
| $3.84M | 0.01% |
343,700
+135,800
| +65% | +$1.41M |
|
1470
iShares ESG Aware MSCI USA ETF
ESGU
$17.9B
| $3.84M | 0.01% |
32,200
+18,500
| +135% | +$2.12M |
|
1471
IDEAYA Biosciences
IDYA
$3.42B
| $3.84M | 0.01% |
+109,325
| New | +$4.33M |
|
1472
James Hardie Industries
JHX
$15.3B
| $3.84M | 0.01% |
121,627
-14,200
| -10% | -$488K |
|
|
MGIC
1473
DELISTED
Magic Software Enterprises
MGIC
| $3.84M | 0.01% |
398,312
-4,752
| -1% | -$53.5K |
|
1474
AnaptysBio
ANAB
$1.58B
| $3.83M | 0.01% |
152,702
+52,502
| +52% | +$1.22M |
|
1475
Spectrum Brands
SPB
$2.04B
| $3.82M | 0.01% |
+44,484
| New | +$3.86M |
|
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.