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 | |
|---|---|---|---|---|---|---|
151
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $82.9M | 0.14% |
532,200
-9,700
| -2% | -$1.68M |
|
152
CAVA Group
CAVA
$7.57B
| $82.8M | 0.14% |
892,400
+451,800
| +103% | +$34.9M |
|
153
Old Dominion Freight Line
ODFL
$47.1B
| $82.4M | 0.14% |
+466,582
| New | +$88M |
|
154
Virtu Financial
VIRT
$5.11B
| $81.8M | 0.14% |
3,643,686
+124,563
| +4% | +$2.78M |
|
155
Citigroup
C
$222B
| $81.1M | 0.14% |
1,278,643
+119,123
| +10% | +$7.34M |
|
156
Weatherford International
WFRD
$5.99B
| $80.6M | 0.14% |
657,953
+38,700
| +6% | +$4.62M |
|
157
Cencora
COR
$62.2B
| $80.1M | 0.14% |
355,500
-103,400
| -23% | -$23.9M |
|
158
Liberty Global Class A
LBTYA
$3.49B
| $79.4M | 0.13% |
4,552,952
-33,900
| -0.7% | -$574K |
|
159
Tenaris
TS
$28.1B
| $79.1M | 0.13% |
2,592,044
+819,500
| +46% | +$28.4M |
|
160
iShares 0-3 Month Treasury Bond ETF
SGOV
$99.3B
| $78.3M | 0.13% |
777,700
| – | – |
|
161
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $78.3M | 0.13% |
777,600
| – | – |
|
162
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.06B
| $78.2M | 0.13% |
1,547,900
-1,100
| -0.1% | -$55.5K |
|
163
iShares Treasury Floating Rate Bond ETF
TFLO
$6.54B
| $78.1M | 0.13% |
1,541,500
| – | – |
|
164
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $78M | 0.13% |
1,569,600
| – | – |
|
165
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $77.9M | 0.13% |
849,100
| – | – |
|
166
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $77.9M | 0.13% |
705,000
| – | – |
|
167
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $77.8M | 0.13% |
1,541,700
| – | – |
|
168
WisdomTree Floating Rate Treasury Fund
USFR
$18.1B
| $77.5M | 0.13% |
1,540,600
| – | – |
|
169
UFP Technologies
UFPT
$2B
| $77.5M | 0.13% |
293,612
-2,761
| -0.9% | -$682K |
|
170
Janus Henderson AAA CLO ETF
JAAA
$29.1B
| $77.2M | 0.13% |
1,518,000
-6,000
| -0.4% | -$304K |
|
|
SQSP
171
DELISTED
Squarespace, Inc.
SQSP
| $77.2M | 0.13% |
1,769,994
+292,600
| +20% | +$11.7M |
|
172
Hershey
HSY
$37.2B
| $77M | 0.13% |
418,829
-480,376
| -53% | -$92.9M |
|
173
Fortis
FTS
$29.7B
| $75.6M | 0.13% |
1,945,202
-147,800
| -7% | -$5.83M |
|
174
First Trust Enhanced Short Maturity ETF
FTSM
$6.51B
| $75.5M | 0.13% |
1,266,500
-1,200
| -0.1% | -$71.6K |
|
175
Coupang
CPNG
$27.7B
| $75.2M | 0.13% |
3,589,528
+347,600
| +11% | +$7.54M |
|
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.