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 | |
|---|---|---|---|---|---|---|
|
DCH
1576
Dauch Corp
DCH
$1.34B
| $3.84M | 0.01% |
464,699
+129,599
| +39% | +$960K |
|
|
MTLS
1577
Materialise
MTLS
$368M
| $3.83M | 0.01% |
443,100
+96,700
| +28% | +$836K |
|
1578
Natural Health Trends
NHTC
$14.7M
| $3.83M | 0.01% |
692,215
-7,200
| -1% | -$39.4K |
|
1579
Frontier Group Holdings
ULCC
$1.55B
| $3.83M | 0.01% |
395,600
+122,934
| +45% | +$1.1M |
|
1580
Resideo Technologies
REZI
$5.19B
| $3.82M | 0.01% |
216,400
-25,500
| -11% | -$440K |
|
1581
Paysafe
PSFE
$414M
| $3.82M | 0.01% |
378,687
-143,237
| -27% | -$1.81M |
|
1582
Yeti Holdings
YETI
$3.71B
| $3.82M | 0.01% |
98,300
-326,100
| -77% | -$12.6M |
|
1583
BOK Financial
BOKF
$8.58B
| $3.81M | 0.01% |
+47,177
| New | +$3.89M |
|
1584
Futu Holdings
FUTU
$14.7B
| $3.81M | 0.01% |
95,900
-341,700
| -78% | -$14.5M |
|
|
VRN
1585
DELISTED
Veren
VRN
| $3.81M | 0.01% |
565,587
+384,452
| +212% | +$2.68M |
|
|
COOP
1586
DELISTED
Mr. Cooper
COOP
| $3.81M | 0.01% |
75,200
-70,700
| -48% | -$3.24M |
|
1587
Ingredion
INGR
$6.27B
| $3.8M | 0.01% |
+35,900
| New | +$3.82M |
|
1588
Federal Realty Investment Trust
FRT
$10.7B
| $3.8M | 0.01% |
39,300
-70,300
| -64% | -$6.61M |
|
1589
StoneX
SNEX
$9.26B
| $3.79M | 0.01% |
230,835
+131,119
| +131% | +$2.34M |
|
1590
Canadian Solar
CSIQ
$1.02B
| $3.78M | 0.01% |
97,802
-205,700
| -68% | -$7.98M |
|
1591
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $3.78M | 0.01% |
76,800
-5,500
| -7% | -$271K |
|
1592
Bridgewater Bancshares
BWB
$571M
| $3.77M | 0.01% |
383,159
-11,988
| -3% | -$115K |
|
1593
AvePoint
AVPT
$2.76B
| $3.76M | 0.01% |
652,600
+142,600
| +28% | +$751K |
|
1594
Donaldson
DCI
$10.9B
| $3.76M | 0.01% |
+60,100
| New | +$3.76M |
|
1595
Inogen
INGN
$175M
| $3.75M | 0.01% |
324,224
+731
| +0.2% | +$8.62K |
|
|
IRBT
1596
DELISTED
iRobot
IRBT
| $3.74M | 0.01% |
82,600
-92,000
| -53% | -$3.67M |
|
1597
Sierra Bancorp
BSRR
$528M
| $3.72M | 0.01% |
219,431
+1,500
| +0.7% | +$24.7K |
|
1598
Burford Capital
BUR
$903M
| $3.72M | 0.01% |
305,787
+126,187
| +70% | +$1.63M |
|
1599
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $3.72M | 0.01% |
191,000
+87,700
| +85% | +$1.67M |
|
|
SCX
1600
DELISTED
The L.S. Starrett Company
SCX
| $3.72M | 0.01% |
355,565
+3,842
| +1% | +$40.3K |
|
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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.