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 | |
|---|---|---|---|---|---|---|
1476
Sensata Technologies
ST
$6.74B
| $3.82M | 0.01% |
+102,200
| New | +$3.94M |
|
1477
American Healthcare REIT
AHR
$10.7B
| $3.82M | 0.01% |
+261,500
| New | +$3.69M |
|
1478
Nordson
NDSN
$16.6B
| $3.81M | 0.01% |
16,414
+14,400
| +715% | +$3.63M |
|
|
NARI
1479
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $3.79M | 0.01% |
78,799
-51,800
| -40% | -$2.3M |
|
|
ROIC
1480
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $3.79M | 0.01% |
305,000
-183,300
| -38% | -$2.27M |
|
|
TBCH
1481
Turtle Beach Corp
TBCH
$243M
| $3.78M | 0.01% |
263,728
+154,628
| +142% | +$2.4M |
|
1482
Atea Pharmaceuticals
AVIR
$376M
| $3.78M | 0.01% |
1,141,500
+18,100
| +2% | +$67.5K |
|
1483
Community Bank
CBU
$3.41B
| $3.78M | 0.01% |
80,008
+12,000
| +18% | +$543K |
|
|
ITIC
1484
Investors Title Co
ITIC
$546M
| $3.75M | 0.01% |
20,800
-100
| -0.5% | -$16.5K |
|
|
AXNX
1485
DELISTED
Axonics, Inc. Common Stock
AXNX
| $3.74M | 0.01% |
55,600
-140,200
| -72% | -$9.44M |
|
1486
Wyndham Hotels & Resorts
WH
$5.56B
| $3.74M | 0.01% |
50,500
-46,700
| -48% | -$3.36M |
|
1487
OR Royalties Inc
OR
$5.58B
| $3.74M | 0.01% |
239,800
+27,400
| +13% | +$444K |
|
|
SEMR
1488
DELISTED
Semrush
SEMR
| $3.73M | 0.01% |
+278,700
| New | +$3.86M |
|
1489
Elbit Systems
ESLT
$37.9B
| $3.73M | 0.01% |
21,100
+5,500
| +35% | +$1.07M |
|
1490
Columbus McKinnon
CMCO
$553M
| $3.73M | 0.01% |
107,885
+77,085
| +250% | +$3.13M |
|
1491
RB Global
RBA
$20.4B
| $3.73M | 0.01% |
48,784
+40,200
| +468% | +$3.01M |
|
1492
ODDITY Tech
ODD
$654M
| $3.72M | 0.01% |
+94,800
| New | +$3.53M |
|
1493
Dave Inc
DAVE
$4.74B
| $3.72M | 0.01% |
122,826
+44,226
| +56% | +$1.8M |
|
1494
FS Bancorp
FSBW
$319M
| $3.72M | 0.01% |
102,004
+200
| +0.2% | +$6.55K |
|
1495
Erasca
ERAS
$6.3B
| $3.72M | 0.01% |
1,575,100
-56,500
| -3% | -$122K |
|
|
MITT
1496
TPG Mortgage Investment Trust
MITT
$222M
| $3.71M | 0.01% |
559,462
+143,799
| +35% | +$917K |
|
1497
Primis Financial Corp
FRST
$399M
| $3.71M | 0.01% |
353,813
+12,900
| +4% | +$135K |
|
1498
BCB Bancorp
BCBP
$173M
| $3.71M | 0.01% |
348,778
-14,721
| -4% | -$147K |
|
|
ALE
1499
DELISTED
Allete
ALE
| $3.7M | 0.01% |
59,299
+17,200
| +41% | +$1.06M |
|
1500
Huron Consulting
HURN
$2.41B
| $3.69M | 0.01% |
37,500
-61,058
| -62% | -$5.62M |
|
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.