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 | |
|---|---|---|---|---|---|---|
1751
Bank of Marin Bancorp
BMRC
$472M
| $2.43M | ﹤0.01% |
150,192
+34,200
| +29% | +$526K |
|
|
LSEA
1752
DELISTED
Landsea Homes
LSEA
| $2.43M | ﹤0.01% |
264,500
-39,400
| -13% | -$418K |
|
1753
Alto Ingredients
ALTO
$369M
| $2.42M | ﹤0.01% |
1,677,121
+583,967
| +53% | +$1.01M |
|
1754
Stratasys
SSYS
$679M
| $2.41M | ﹤0.01% |
287,500
-7,800
| -3% | -$74.1K |
|
|
EVRI
1755
DELISTED
Everi Holdings
EVRI
| $2.41M | ﹤0.01% |
287,000
-163,900
| -36% | -$1.34M |
|
1756
1stdibs.com
DIBS
$149M
| $2.41M | ﹤0.01% |
536,000
+229,000
| +75% | +$1.25M |
|
|
HTBK
1757
DELISTED
Heritage Commerce
HTBK
| $2.41M | ﹤0.01% |
276,600
+37,100
| +15% | +$302K |
|
1758
Patrick Industries
PATK
$2.74B
| $2.41M | ﹤0.01% |
33,242
-25,050
| -43% | -$1.83M |
|
1759
American Vanguard Corp
AVD
$68.4M
| $2.4M | ﹤0.01% |
279,552
-22,900
| -8% | -$234K |
|
1760
Phinia Inc
PHIN
$2.7B
| $2.4M | ﹤0.01% |
61,000
+23,200
| +61% | +$955K |
|
1761
Equity Bancshares
EQBK
$1.04B
| $2.4M | ﹤0.01% |
68,120
-5,580
| -8% | -$187K |
|
|
STCN
1762
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $2.4M | ﹤0.01% |
186,643
-100
| -0.1% | -$1.15K |
|
1763
Empire State Realty Trust
ESRT
$872M
| $2.4M | ﹤0.01% |
255,400
+150,100
| +143% | +$1.4M |
|
1764
ArcelorMittal
MT
$52.9B
| $2.39M | ﹤0.01% |
104,371
-299,775
| -74% | -$7.66M |
|
1765
OFG Bancorp
OFG
$2.23B
| $2.39M | ﹤0.01% |
63,700
+47,500
| +293% | +$1.73M |
|
|
LGF.B
1766
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $2.39M | ﹤0.01% |
278,339
+3,900
| +1% | +$34.9K |
|
1767
ReposiTrak
TRAK
$153M
| $2.38M | ﹤0.01% |
155,963
+7,600
| +5% | +$122K |
|
|
GES
1768
DELISTED
Guess Inc
GES
| $2.38M | ﹤0.01% |
116,850
+16,450
| +16% | +$416K |
|
|
IBTX
1769
DELISTED
Independent Bank Group, Inc.
IBTX
| $2.38M | ﹤0.01% |
52,243
+16,300
| +45% | +$695K |
|
1770
Delta Air Lines
DAL
$57.5B
| $2.37M | ﹤0.01% |
50,000
-153,700
| -75% | -$7.65M |
|
1771
Renasant Corp
RNST
$3.98B
| $2.37M | ﹤0.01% |
77,628
+34,100
| +78% | +$1.01M |
|
1772
Espey Mfg & Electronics Corp
ESP
$177M
| $2.37M | ﹤0.01% |
111,512
+4,000
| +4% | +$91.3K |
|
1773
VanEck Pharmaceutical ETF
PPH
$959M
| $2.37M | ﹤0.01% |
25,900
+11,902
| +85% | +$1.06M |
|
1774
Maui Land & Pineapple Co
MLP
$344M
| $2.37M | ﹤0.01% |
107,449
+1,100
| +1% | +$22.7K |
|
1775
GeneDx Holdings
WGS
$1.93B
| $2.36M | ﹤0.01% |
+90,373
| New | +$1.71M |
|
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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.