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 | |
|---|---|---|---|---|---|---|
1526
Amplitude
AMPL
$1.18B
| $4.17M | 0.01% |
379,200
+100,800
| +36% | +$1.09M |
|
1527
Gray Television
GTN
$415M
| $4.17M | 0.01% |
528,657
-11,993
| -2% | -$92.2K |
|
1528
Essent Group
ESNT
$6.08B
| $4.16M | 0.01% |
88,900
-38,100
| -30% | -$1.66M |
|
1529
Hawkins
HWKN
$2.67B
| $4.15M | 0.01% |
86,998
+800
| +0.9% | +$36.1K |
|
1530
Vanguard Dividend Appreciation ETF
VIG
$111B
| $4.14M | 0.01% |
25,500
+11,400
| +81% | +$1.79M |
|
1531
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $4.14M | 0.01% |
175,300
-184,466
| -51% | -$4.35M |
|
1532
FuboTV Inc
FUBO
$261M
| $4.13M | 0.01% |
165,646
-5,571
| -3% | -$107K |
|
1533
Replimune Group
REPL
$941M
| $4.13M | 0.01% |
178,100
-136,953
| -43% | -$2.68M |
|
1534
Community Trust Bancorp
CTBI
$1.42B
| $4.13M | 0.01% |
116,205
+1,400
| +1% | +$50.4K |
|
1535
Harvard Bioscience
HBIO
$27.5M
| $4.13M | 0.01% |
75,221
+2,220
| +3% | +$122K |
|
1536
Alector
ALEC
$168M
| $4.13M | 0.01% |
687,083
+37,122
| +6% | +$259K |
|
1537
Artisan Partners
APAM
$2.79B
| $4.12M | 0.01% |
104,900
-19,500
| -16% | -$673K |
|
|
BBT
1538
Beacon Financial Corp
BBT
$2.66B
| $4.12M | 0.01% |
198,900
+37,600
| +23% | +$812K |
|
1539
Seneca Foods Class A
SENEA
$1.12B
| $4.09M | 0.01% |
125,163
+3,999
| +3% | +$188K |
|
1540
Shift4
FOUR
$4.2B
| $4.09M | 0.01% |
60,200
+52,800
| +714% | +$3.46M |
|
1541
GXO Logistics
GXO
$5.77B
| $4.08M | 0.01% |
65,000
-74,200
| -53% | -$4.16M |
|
1542
Liberty Latin America Class C
LILAK
$1.63B
| $4.08M | 0.01% |
520,630
+10,862
| +2% | +$81K |
|
1543
Mueller Industries
MLI
$14.7B
| $4.07M | 0.01% |
186,400
-282,400
| -60% | -$5.37M |
|
1544
Xperi
XPER
$372M
| $4.07M | 0.01% |
309,273
+62,500
| +25% | +$678K |
|
1545
Direxion Daily TSLA Bull 2X ETF
TSLL
$2.45B
| $4.06M | 0.01% |
234,000
+134,000
| +134% | +$1.6M |
|
|
DENN
1546
DELISTED
Denny's
DENN
| $4.06M | 0.01% |
329,500
-271,611
| -45% | -$3.08M |
|
1547
Magnite
MGNI
$2.76B
| $4.05M | 0.01% |
296,754
-421,300
| -59% | -$4.69M |
|
1548
Kulicke & Soffa
KLIC
$4.67B
| $4.05M | 0.01% |
68,128
-53,100
| -44% | -$2.74M |
|
1549
U-Haul Holding Co Series N
UHAL.B
$12.2B
| $4.05M | 0.01% |
79,924
+39,824
| +99% | +$2.08M |
|
1550
MacroGenics
MGNX
$235M
| $4.04M | 0.01% |
754,823
+180,000
| +31% | +$1.11M |
|
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.