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 |
Tesla
TSLA
|
+$427M |
| 2 |
Roku
ROKU
|
+$393M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$345M |
| 4 |
AT&T
T
|
+$317M |
| 5 |
Qualcomm
QCOM
|
+$293M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$1.41B |
| 2 |
Pinduoduo
PDD
|
+$755M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$716M |
| 4 |
AbbVie
ABBV
|
+$558M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$491M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.43% |
| 2 | Technology | 17.52% |
| 3 | Communication Services | 11.4% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Consumer Staples | 10.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
AnaptysBio
ANAB
$1.63B
| $4.97M | 0.01% |
230,782
+96,182
| +71% | +$2.43M |
|
|
MRLN
1652
DELISTED
Marlin Business Services Corp
MRLN
| $4.97M | 0.01% |
364,371
+16,600
| +5% | +$231K |
|
1653
Veracyte
VCYT
$3.73B
| $4.97M | 0.01% |
+92,448
| New | +$5.32M |
|
1654
Apyx Medical
APYX
$180M
| $4.96M | 0.01% |
513,795
-40,600
| -7% | -$406K |
|
1655
Unifirst Corp
UNF
$5.25B
| $4.94M | 0.01% |
+22,100
| New | +$5.09M |
|
1656
Matsons
MATX
$6.46B
| $4.94M | 0.01% |
74,100
+23,600
| +47% | +$1.62M |
|
|
CMO
1657
DELISTED
Capstead Mortgage Corp.
CMO
| $4.94M | 0.01% |
793,100
-113,800
| -13% | -$669K |
|
1658
iShares US Real Estate ETF
IYR
$4.67B
| $4.93M | 0.01% |
+53,600
| New | +$4.7M |
|
1659
Lincoln Educational Services
LINC
$1.37B
| $4.91M | 0.01% |
765,778
+13,330
| +2% | +$82.8K |
|
|
DISH
1660
DELISTED
DISH Network Corp.
DISH
| $4.9M | 0.01% |
135,258
-477,500
| -78% | -$15.9M |
|
1661
Brookfield Renewable
BEP
$10B
| $4.89M | 0.01% |
+114,552
| New | +$5.07M |
|
1662
Enterprise Financial Services Corp
EFSC
$2.44B
| $4.88M | 0.01% |
98,800
-107,700
| -52% | -$4.54M |
|
1663
Mitek Systems
MITK
$800M
| $4.88M | 0.01% |
334,981
-207,024
| -38% | -$3.32M |
|
1664
Douglas Emmett
DEI
$2B
| $4.88M | 0.01% |
155,400
-222,429
| -59% | -$6.77M |
|
1665
Brown-Forman Class B
BF.B
$13.1B
| $4.86M | 0.01% |
+70,438
| New | +$5.16M |
|
|
PMT
1666
PennyMac Mortgage Investment
PMT
$831M
| $4.86M | 0.01% |
247,800
-253,800
| -51% | -$4.71M |
|
1667
Schwab International Equity ETF
SCHF
$68.1B
| $4.85M | 0.01% |
+258,000
| New | +$4.81M |
|
1668
Upwork
UPWK
$1.2B
| $4.85M | 0.01% |
108,400
-1,285,000
| -92% | -$59.3M |
|
1669
Lakeland Financial Corp
LKFN
$1.58B
| $4.82M | 0.01% |
69,600
-63,800
| -48% | -$4.19M |
|
|
CASA
1670
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $4.81M | 0.01% |
504,700
-67,996
| -12% | -$575K |
|
|
LUNA
1671
DELISTED
Luna Innovations Incorporated
LUNA
| $4.8M | 0.01% |
456,098
-94,500
| -17% | -$1.06M |
|
|
AMNB
1672
DELISTED
American National Bankshares Inc
AMNB
| $4.8M | 0.01% |
145,200
-29,500
| -17% | -$911K |
|
1673
Schwab US TIPS ETF
SCHP
$16.3B
| $4.8M | 0.01% |
157,000
-181,400
| -54% | -$5.59M |
|
1674
Lightpath Technologies
LPTH
$784M
| $4.79M | 0.01% |
1,546,315
+179,300
| +13% | +$681K |
|
1675
The Joint Corp
JYNT
$118M
| $4.77M | 0.01% |
98,678
-26,500
| -21% | -$994K |
|
Similar funds
Renaissance Technologies's Q1 2021 Portfolio in Review
As of Q1 2021, Renaissance Technologies held 3,937 positions worth $80.4B, down 13% from $92.1B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Renaissance Technologies withdrew a net $16B in Q1 2021, closing 676 positions and reducing 1,579 holdings. Its most notable exit was Micron Technology, an estimated $252M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 21% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Renaissance Technologies opened a new position in Paramount Global Class B worth $255M.
- Renaissance Technologies's largest Q1 2021 buy was Paramount Global Class B: 5,644,997 shares worth $255M.
- Renaissance Technologies added most to Tesla in Q1 2021, an estimated $427M increase.
- Renaissance Technologies's biggest Q1 2021 reduction was Baidu, cutting an estimated $1.41B.
- Renaissance Technologies fully exited Micron Technology in Q1 2021, selling an estimated $252M.
- Renaissance Technologies's ten largest holdings make up 10% of its $80.4B portfolio in Q1 2021.
- Renaissance Technologies opened 591 new positions and closed 676 in Q1 2021.
- Renaissance Technologies's portfolio value fell 13% quarter-over-quarter to $80.4B.
Based on Renaissance Technologies's 13F filing for Q1 2021, filed 13 May 2021.