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
|
+$856M |
| 2 |
Meta Platforms (Facebook)
META
|
+$647M |
| 3 |
NVIDIA
NVDA
|
+$615M |
| 4 |
Berkshire Hathaway Class A
BRK.A
|
+$304M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.03B |
| 2 |
UnitedHealth
UNH
|
+$686M |
| 3 |
Tesla
TSLA
|
+$387M |
| 4 |
Abbott
ABT
|
+$380M |
| 5 |
Chevron
CVX
|
+$328M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.26% |
| 2 | Healthcare | 16.96% |
| 3 | Consumer Discretionary | 12.82% |
| 4 | Consumer Staples | 9.14% |
| 5 | Industrials | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Pitney Bowes
PBI
$2.4B
| $4.34M | 0.01% |
1,227,171
-293,900
| -19% | -$1.02M |
|
|
QVCGA
1502
DELISTED
QVC Group Inc Series A
QVCGA
| $4.33M | 0.01% |
87,569
+7,356
| +9% | +$331K |
|
1503
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.6B
| $4.33M | 0.01% |
61,900
+26,100
| +73% | +$1.75M |
|
1504
BCB Bancorp
BCBP
$173M
| $4.33M | 0.01% |
368,448
-88,830
| -19% | -$1.01M |
|
1505
The Bancorp
TBBK
$2.79B
| $4.32M | 0.01% |
132,300
+35,600
| +37% | +$1.1M |
|
1506
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.1B
| $4.32M | 0.01% |
+99,900
| New | +$4.13M |
|
1507
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $4.3M | 0.01% |
45,900
-38,800
| -46% | -$3.66M |
|
1508
Horace Mann Educators
HMN
$2.1B
| $4.3M | 0.01% |
144,900
+10,500
| +8% | +$333K |
|
|
VZIO
1509
DELISTED
VIZIO Holding Corp.
VZIO
| $4.3M | 0.01% |
636,700
+148,300
| +30% | +$1.15M |
|
|
NTCO
1510
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $4.29M | 0.01% |
616,137
+174,300
| +39% | +$947K |
|
1511
Encore Capital Group
ECPG
$2.02B
| $4.29M | 0.01% |
88,305
-67,600
| -43% | -$3.29M |
|
1512
Lumen
LUMN
$6.57B
| $4.28M | 0.01% |
1,894,303
-22,308,300
| -92% | -$49.1M |
|
1513
Center Bancorp
CNOB
$1.66B
| $4.28M | 0.01% |
257,787
-5,400
| -2% | -$84.3K |
|
|
CHCT
1514
Community Healthcare Trust
CHCT
$523M
| $4.27M | 0.01% |
129,200
+31,389
| +32% | +$1.09M |
|
|
ZEUS
1515
DELISTED
Olympic Steel
ZEUS
| $4.26M | 0.01% |
86,898
+21,299
| +32% | +$999K |
|
1516
HNI Corp
HNI
$3.24B
| $4.24M | 0.01% |
150,619
+141,619
| +1,574% | +$3.76M |
|
1517
Constellium
CSTM
$3.76B
| $4.24M | 0.01% |
246,500
-188,500
| -43% | -$2.89M |
|
1518
American Well
AMWL
$180M
| $4.24M | 0.01% |
100,905
+115
| +0.1% | +$5.07K |
|
|
ONTF
1519
DELISTED
ON24
ONTF
| $4.22M | 0.01% |
519,734
+44,100
| +9% | +$366K |
|
1520
H.B. Fuller
FUL
$2.97B
| $4.22M | 0.01% |
59,000
+33,800
| +134% | +$2.22M |
|
1521
International Bancshares
IBOC
$4.76B
| $4.2M | 0.01% |
95,000
-12,400
| -12% | -$539K |
|
1522
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $4.2M | 0.01% |
167,851
-352,249
| -68% | -$8.76M |
|
1523
Rackspace Technology
RXT
$1.05B
| $4.18M | 0.01% |
1,537,500
+566,600
| +58% | +$935K |
|
1524
NMI Holdings
NMIH
$3.33B
| $4.18M | 0.01% |
161,900
+29,900
| +23% | +$724K |
|
1525
NewMarket
NEU
$7.82B
| $4.17M | 0.01% |
10,380
+7,080
| +215% | +$2.76M |
|
Similar funds
Renaissance Technologies's Q2 2023 Portfolio in Review
As of Q2 2023, Renaissance Technologies held 4,468 positions worth $69.4B, down 7.9% from $75.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $8.1B in Q2 2023, closing 599 positions and reducing 1,691 holdings. Its most notable exit was UnitedHealth, an estimated $686M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Berkshire Hathaway Class A worth $316M.
- Renaissance Technologies's largest Q2 2023 buy was Berkshire Hathaway Class A: 611 shares worth $316M.
- Renaissance Technologies added most to Apple in Q2 2023, an estimated $856M increase.
- Renaissance Technologies's biggest Q2 2023 reduction was Amazon, cutting an estimated $1.03B.
- Renaissance Technologies fully exited UnitedHealth in Q2 2023, selling an estimated $686M.
- Renaissance Technologies's ten largest holdings make up 12% of its $69.4B portfolio in Q2 2023.
- Renaissance Technologies opened 542 new positions and closed 599 in Q2 2023.
- Renaissance Technologies's portfolio value fell 7.9% quarter-over-quarter to $69.4B.
Based on Renaissance Technologies's 13F filing for Q2 2023, filed 11 Aug 2023.