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 | |
|---|---|---|---|---|---|---|
1701
TAT Technologies
TATT
$505M
| $2.64M | ﹤0.01% |
177,102
-4,100
| -2% | -$53.9K |
|
1702
iShares Global Infrastructure ETF
IGF
$10.9B
| $2.64M | ﹤0.01% |
55,000
+17,700
| +47% | +$858K |
|
1703
Taboola.com
TBLA
$1.37B
| $2.63M | ﹤0.01% |
764,500
+30,500
| +4% | +$123K |
|
1704
Northeast Community Bancorp
NECB
$368M
| $2.63M | ﹤0.01% |
147,388
-13,612
| -8% | -$224K |
|
1705
Nexa Resources
NEXA
$1.7B
| $2.61M | ﹤0.01% |
341,792
+12,092
| +4% | +$90.9K |
|
1706
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.32B
| $2.61M | ﹤0.01% |
24,900
+1,400
| +6% | +$146K |
|
1707
AC Immune
ACIU
$223M
| $2.6M | ﹤0.01% |
652,079
+136,300
| +26% | +$451K |
|
1708
Old Republic International
ORI
$10.5B
| $2.6M | ﹤0.01% |
84,185
+73,985
| +725% | +$2.27M |
|
1709
Boston Omaha
BOC
$428M
| $2.6M | ﹤0.01% |
193,100
+148,600
| +334% | +$2.2M |
|
1710
Invesco Total Return Bond ETF
GTO
$2.41B
| $2.59M | ﹤0.01% |
55,800
+8,500
| +18% | +$393K |
|
1711
Liberty Latin America Class C
LILAK
$1.63B
| $2.59M | ﹤0.01% |
295,680
-183,288
| -38% | -$1.37M |
|
1712
Customers Bancorp
CUBI
$2.66B
| $2.58M | ﹤0.01% |
53,820
-8,000
| -13% | -$378K |
|
1713
First Trust Managed Municipal ETF
FMB
$2.04B
| $2.58M | ﹤0.01% |
50,477
-56,823
| -53% | -$2.9M |
|
1714
Ultralife
ULBI
$86.4M
| $2.58M | ﹤0.01% |
242,490
+20,300
| +9% | +$216K |
|
1715
West Fraser Timber
WFG
$5.08B
| $2.58M | ﹤0.01% |
33,500
-23,400
| -41% | -$1.86M |
|
|
SAND
1716
DELISTED
Sandstorm Gold
SAND
| $2.57M | ﹤0.01% |
472,800
+113,500
| +32% | +$628K |
|
1717
BRC Inc
BRCC
$121M
| $2.57M | ﹤0.01% |
419,300
+237,869
| +131% | +$1.24M |
|
1718
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.1B
| $2.57M | ﹤0.01% |
24,000
+2,900
| +14% | +$299K |
|
1719
PG&E
PCG
$38.3B
| $2.56M | ﹤0.01% |
+146,900
| New | +$2.59M |
|
1720
KraneShares CSI China Internet ETF
KWEB
$5.64B
| $2.56M | ﹤0.01% |
94,820
+24,420
| +35% | +$699K |
|
|
PWOD
1721
DELISTED
Penns Woods Bancorp
PWOD
| $2.55M | ﹤0.01% |
124,308
-16,034
| -11% | -$307K |
|
1722
China Yuchai International
CYD
$1.77B
| $2.55M | ﹤0.01% |
280,194
-20,900
| -7% | -$177K |
|
1723
Ormat Technologies
ORA
$6B
| $2.55M | ﹤0.01% |
35,557
-41,700
| -54% | -$2.9M |
|
1724
Vicor
VICR
$9.56B
| $2.55M | ﹤0.01% |
76,800
-71,632
| -48% | -$2.47M |
|
1725
Mitek Systems
MITK
$754M
| $2.54M | ﹤0.01% |
227,300
-197,800
| -47% | -$2.53M |
|
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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.