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 | |
|---|---|---|---|---|---|---|
1776
Riskified
RSKD
$694M
| $2.86M | ﹤0.01% |
588,454
+457,177
| +348% | +$2.29M |
|
1777
Visteon
VC
$2.79B
| $2.86M | ﹤0.01% |
+19,900
| New | +$2.84M |
|
1778
Stepan Co
SCL
$1.46B
| $2.86M | ﹤0.01% |
29,900
-1,100
| -4% | -$105K |
|
1779
Quad
QUAD
$536M
| $2.85M | ﹤0.01% |
758,300
-10,000
| -1% | -$36.1K |
|
1780
Arrow Electronics
ARW
$11.1B
| $2.84M | ﹤0.01% |
+19,800
| New | +$2.46M |
|
1781
Glaukos
GKOS
$9.83B
| $2.83M | ﹤0.01% |
39,792
+12,600
| +46% | +$723K |
|
|
FARO
1782
DELISTED
Faro Technologies
FARO
| $2.83M | ﹤0.01% |
174,742
+131,100
| +300% | +$2.32M |
|
1783
Kodiak Sciences
KOD
$2.6B
| $2.83M | ﹤0.01% |
409,500
+78,500
| +24% | +$480K |
|
1784
Maximus
MMS
$3.17B
| $2.82M | ﹤0.01% |
33,400
-55,600
| -62% | -$4.57M |
|
1785
Sasol
SSL
$7.5B
| $2.82M | ﹤0.01% |
228,000
+47,400
| +26% | +$610K |
|
1786
Monarch Casino & Resort
MCRI
$2.2B
| $2.82M | ﹤0.01% |
40,000
+4,417
| +12% | +$308K |
|
|
AMNB
1787
DELISTED
American National Bankshares Inc
AMNB
| $2.81M | ﹤0.01% |
96,991
+3,400
| +4% | +$97.8K |
|
|
ESGR
1788
DELISTED
Enstar Group
ESGR
| $2.81M | ﹤0.01% |
11,500
-800
| -7% | -$198K |
|
1789
Shore Bancshares
SHBI
$819M
| $2.8M | ﹤0.01% |
242,495
+12,400
| +5% | +$152K |
|
1790
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $2.8M | ﹤0.01% |
123,000
+3,712
| +3% | +$85.3K |
|
|
SWI
1791
DELISTED
SolarWinds Corporation Common Stock
SWI
| $2.8M | ﹤0.01% |
272,700
-43,898
| -14% | -$400K |
|
1792
Amplify Energy
AMPY
$161M
| $2.8M | ﹤0.01% |
413,100
-267,600
| -39% | -$1.86M |
|
|
TSE
1793
DELISTED
Trinseo
TSE
| $2.8M | ﹤0.01% |
220,700
-46,700
| -17% | -$754K |
|
1794
iShares MSCI Mexico ETF
EWW
$1.92B
| $2.79M | ﹤0.01% |
44,793
+10,600
| +31% | +$648K |
|
1795
Global X MLP ETF
MLPA
$2.3B
| $2.77M | ﹤0.01% |
64,476
+14,419
| +29% | +$606K |
|
1796
American Vanguard Corp
AVD
$68.4M
| $2.77M | ﹤0.01% |
154,752
+107,600
| +228% | +$1.99M |
|
1797
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.68B
| $2.76M | ﹤0.01% |
41,600
+16,200
| +64% | +$1.08M |
|
1798
MannKind Corp
MNKD
$1.21B
| $2.75M | ﹤0.01% |
676,345
-495,000
| -42% | -$2.06M |
|
1799
Keros Therapeutics
KROS
$199M
| $2.75M | ﹤0.01% |
68,400
-52,700
| -44% | -$2.31M |
|
1800
Vita Coco
COCO
$3.82B
| $2.75M | ﹤0.01% |
+102,200
| New | +$2.49M |
|
Similar funds
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.