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 | |
|---|---|---|---|---|---|---|
1601
Ecovyst
ECVT
$1.32B
| $3.04M | 0.01% |
339,400
+35,000
| +11% | +$338K |
|
1602
ePlus
PLUS
$2.42B
| $3.04M | 0.01% |
41,300
-555
| -1% | -$42.4K |
|
1603
Lincoln Electric
LECO
$14.2B
| $3.04M | 0.01% |
+16,128
| New | +$3.5M |
|
1604
Xeris Biopharma Holdings
XERS
$1.39B
| $3.04M | 0.01% |
1,351,640
+342,300
| +34% | +$690K |
|
1605
Encore Capital Group
ECPG
$2.02B
| $3.03M | 0.01% |
72,605
-8,800
| -11% | -$380K |
|
1606
InvenTrust Properties
IVT
$2.76B
| $3.03M | 0.01% |
122,200
+39,100
| +47% | +$967K |
|
1607
Wabash National
WNC
$512M
| $3.02M | 0.01% |
138,448
-119,300
| -46% | -$2.81M |
|
1608
Grid Dynamics Holdings
GDYN
$559M
| $3.02M | 0.01% |
287,600
+112,800
| +65% | +$1.16M |
|
1609
Esquire Financial Holdings
ESQ
$1.12B
| $3.02M | 0.01% |
63,500
-5,254
| -8% | -$247K |
|
1610
Pinnacle West Capital
PNW
$12.2B
| $3.01M | 0.01% |
39,400
-38,000
| -49% | -$2.87M |
|
|
JAMF
1611
DELISTED
Jamf
JAMF
| $3.01M | 0.01% |
182,200
-15,100
| -8% | -$264K |
|
|
LSXMK
1612
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $3M | 0.01% |
135,600
-210,900
| -61% | -$5.02M |
|
1613
Alphatec Holdings
ATEC
$1.46B
| $3M | 0.01% |
287,500
-64,900
| -18% | -$756K |
|
1614
Dover
DOV
$27.6B
| $3M | 0.01% |
+16,600
| New | +$2.97M |
|
|
NLOP
1615
Net Lease Office Properties
NLOP
$173M
| $2.99M | 0.01% |
121,300
-22,430
| -16% | -$531K |
|
1616
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.5B
| $2.98M | 0.01% |
47,500
+13,005
| +38% | +$759K |
|
1617
Washington Trust Bancorp
WASH
$743M
| $2.98M | 0.01% |
108,668
+39,268
| +57% | +$1.02M |
|
1618
Interparfums
IPAR
$3.99B
| $2.97M | 0.01% |
25,638
-9,375
| -27% | -$1.14M |
|
1619
Alector
ALEC
$168M
| $2.97M | 0.01% |
655,050
-20,433
| -3% | -$105K |
|
1620
Mama's Creations
MAMA
$857M
| $2.97M | 0.01% |
441,200
+189,247
| +75% | +$1.15M |
|
1621
Atlanticus Holdings
ATLC
$1.59B
| $2.96M | 0.01% |
105,058
-1,600
| -2% | -$42.7K |
|
1622
Amdocs
DOX
$5.92B
| $2.95M | 0.01% |
37,400
-43,800
| -54% | -$3.6M |
|
|
ASRT
1623
DELISTED
Assertio
ASRT
| $2.95M | 0.01% |
158,508
+19,044
| +14% | +$283K |
|
|
VSTO
1624
DELISTED
Vista Outdoor Inc.
VSTO
| $2.95M | 0.01% |
+78,300
| New | +$2.7M |
|
1625
Western Union
WU
$1.98B
| $2.94M | 0.01% |
240,800
-324,800
| -57% | -$4.22M |
|
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.