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 | |
|---|---|---|---|---|---|---|
1626
Vicor
VICR
$9.56B
| $3.53M | 0.01% |
65,300
-73,100
| -53% | -$3.61M |
|
1627
Turning Point Brands
TPB
$1.45B
| $3.52M | 0.01% |
146,752
+17,800
| +14% | +$400K |
|
1628
Arvinas
ARVN
$518M
| $3.52M | 0.01% |
141,600
+92,700
| +190% | +$2.38M |
|
1629
Knowles
KN
$3.13B
| $3.51M | 0.01% |
194,400
-137,000
| -41% | -$2.3M |
|
1630
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.93B
| $3.5M | 0.01% |
+207,495
| New | +$3.48M |
|
1631
DigitalOcean
DOCN
$13.7B
| $3.48M | 0.01% |
86,800
-116,700
| -57% | -$4.3M |
|
1632
Telos
TLS
$332M
| $3.48M | 0.01% |
1,359,400
+286,900
| +27% | +$680K |
|
|
GRP.U
1633
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $3.48M | 0.01% |
58,900
+7,900
| +15% | +$477K |
|
1634
Mercer International
MERC
$42.3M
| $3.48M | 0.01% |
430,600
-111,100
| -21% | -$1.01M |
|
1635
Lloyds Banking Group
LYG
$89.5B
| $3.47M | 0.01% |
1,577,900
+347,200
| +28% | +$796K |
|
1636
Southern Missouri Bancorp
SMBC
$852M
| $3.47M | 0.01% |
90,134
-23,800
| -21% | -$877K |
|
1637
Gran Tierra Energy
GTE
$265M
| $3.46M | 0.01% |
705,480
+94,460
| +15% | +$625K |
|
1638
Privia Health
PRVA
$2.98B
| $3.46M | 0.01% |
132,409
-328,600
| -71% | -$8.68M |
|
1639
TriMas Corp
TRS
$1.43B
| $3.45M | 0.01% |
125,570
+24,215
| +24% | +$640K |
|
|
MRSN
1640
DELISTED
Mersana Therapeutics
MRSN
| $3.45M | 0.01% |
41,917
-8,104
| -16% | -$1.19M |
|
1641
Twilio
TWLO
$30B
| $3.45M | 0.01% |
54,200
-161,600
| -75% | -$9.54M |
|
1642
Algoma Steel
ASTL
$406M
| $3.44M | 0.01% |
483,900
-611,700
| -56% | -$4.54M |
|
1643
Boston Omaha
BOC
$428M
| $3.43M | ﹤0.01% |
182,300
+91,100
| +100% | +$1.85M |
|
1644
The Joint Corp
JYNT
$118M
| $3.43M | ﹤0.01% |
254,178
+59,300
| +30% | +$871K |
|
1645
La-Z-Boy
LZB
$1.58B
| $3.42M | ﹤0.01% |
119,600
+82,400
| +222% | +$2.3M |
|
1646
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
| $3.42M | ﹤0.01% |
+41,100
| New | +$3.13M |
|
|
NINE
1647
DELISTED
Nine Energy Service
NINE
| $3.42M | ﹤0.01% |
893,436
-181,400
| -17% | -$699K |
|
1648
Covenant Logistics
CVLG
$894M
| $3.42M | ﹤0.01% |
156,000
+69,400
| +80% | +$1.34M |
|
1649
Ambarella
AMBA
$3.77B
| $3.41M | ﹤0.01% |
40,800
+14,300
| +54% | +$1.05M |
|
|
SUP
1650
DELISTED
Superior Industries International
SUP
| $3.41M | ﹤0.01% |
947,452
+15,743
| +2% | +$64K |
|
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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.