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
|
+$839M |
| 2 |
Amazon
AMZN
|
+$810M |
| 3 |
Tesla
TSLA
|
+$644M |
| 4 |
TSMC
TSM
|
+$546M |
| 5 |
Johnson & Johnson
JNJ
|
+$389M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$891M |
| 2 |
Home Depot
HD
|
+$441M |
| 3 |
JPMorgan Chase
JPM
|
+$335M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$317M |
| 5 |
ASML
ASML
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.81% |
| 2 | Technology | 15.51% |
| 3 | Consumer Discretionary | 11.84% |
| 4 | Consumer Staples | 10.09% |
| 5 | Financials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Celestica
CLS
$42.7B
| $4.31M | 0.01% |
382,388
+1,500
| +0.4% | +$15.8K |
|
1602
Consolidated Water Co
CWCO
$477M
| $4.31M | 0.01% |
291,167
-17,700
| -6% | -$284K |
|
1603
Navient
NAVI
$880M
| $4.29M | 0.01% |
260,900
-90,000
| -26% | -$1.42M |
|
|
DOO
1604
Bombardier Recreational Products
DOO
$4.73B
| $4.29M | 0.01% |
56,200
-25,100
| -31% | -$1.75M |
|
|
SNV
1605
DELISTED
Synovus
SNV
| $4.29M | 0.01% |
114,218
-211,700
| -65% | -$8.4M |
|
1606
Heartland Express
HTLD
$990M
| $4.28M | 0.01% |
279,149
-70,800
| -20% | -$1.09M |
|
1607
East-West Bancorp
EWBC
$18.3B
| $4.28M | 0.01% |
64,933
-117,800
| -64% | -$8.06M |
|
1608
James Hardie Industries
JHX
$16.5B
| $4.28M | 0.01% |
238,527
-45,700
| -16% | -$916K |
|
1609
Orrstown Financial Services
ORRF
$852M
| $4.27M | 0.01% |
184,399
-7,600
| -4% | -$194K |
|
1610
Omega Healthcare
OHI
$14.6B
| $4.27M | 0.01% |
152,778
+101,300
| +197% | +$3.06M |
|
1611
Texas Capital Bancshares
TCBI
$4.41B
| $4.27M | 0.01% |
70,800
+54,400
| +332% | +$3.21M |
|
1612
O-I Glass
OI
$1.16B
| $4.26M | 0.01% |
257,100
+180,800
| +237% | +$2.91M |
|
1613
Hawkins
HWKN
$2.79B
| $4.26M | 0.01% |
110,298
+13,900
| +14% | +$573K |
|
|
HT
1614
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.25M | 0.01% |
498,412
+157,250
| +46% | +$1.41M |
|
1615
Vanguard Morningstar Value ETF
VTV
$191B
| $4.24M | 0.01% |
30,200
+17,700
| +142% | +$2.44M |
|
1616
Benchmark Electronics
BHE
$3.07B
| $4.24M | 0.01% |
158,700
-50,250
| -24% | -$1.39M |
|
1617
Cooper Companies
COO
$14.6B
| $4.23M | 0.01% |
+51,192
| New | +$3.78M |
|
|
BBT
1618
Beacon Financial Corp
BBT
$2.71B
| $4.22M | 0.01% |
141,300
+15,500
| +12% | +$456K |
|
1619
APi Group
APG
$18B
| $4.22M | 0.01% |
336,750
-185,250
| -35% | -$2.14M |
|
|
FFWM
1620
DELISTED
First Foundation Inc
FFWM
| $4.21M | 0.01% |
293,900
+262,600
| +839% | +$4.07M |
|
|
OTLY
1621
Oatly Group
OTLY
$461M
| $4.21M | 0.01% |
+120,913
| New | +$4.61M |
|
1622
OceanFirst Financial
OCFC
$1.72B
| $4.21M | 0.01% |
197,943
+22,500
| +13% | +$491K |
|
1623
Vital Farms
VITL
$521M
| $4.18M | 0.01% |
280,400
+4,400
| +2% | +$60.7K |
|
1624
Lear
LEA
$6.21B
| $4.18M | 0.01% |
+33,700
| New | +$4.47M |
|
1625
Shore Bancshares
SHBI
$822M
| $4.17M | 0.01% |
239,124
-22,800
| -9% | -$427K |
|
Similar funds
Renaissance Technologies's Q4 2022 Portfolio in Review
As of Q4 2022, Renaissance Technologies held 4,601 positions worth $73.1B, up 3.4% from $70.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q4 2022 filing shows 626 new, 1,390 increased, 2,018 reduced and 524 closed positions. Its largest new stake was Johnson & Johnson: 2,254,125 shares worth $398M. The largest sale was Microsoft, an estimated $891M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2022 buy was Johnson & Johnson: 2,254,125 shares worth $398M.
- Renaissance Technologies added most to Apple in Q4 2022, an estimated $839M increase.
- Renaissance Technologies's biggest Q4 2022 reduction was Novo Nordisk, cutting an estimated $317M.
- Renaissance Technologies fully exited Microsoft in Q4 2022, selling an estimated $891M.
- Renaissance Technologies's ten largest holdings make up 11% of its $73.1B portfolio in Q4 2022.
- Renaissance Technologies opened 626 new positions and closed 524 in Q4 2022.
- Renaissance Technologies's portfolio value rose 3.4% quarter-over-quarter to $73.1B.
Based on Renaissance Technologies's 13F filing for Q4 2022, filed 13 Feb 2023.