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 |
Microsoft
MSFT
|
+$1.04B |
| 2 |
Chevron
CVX
|
+$820M |
| 3 |
Shopify
SHOP
|
+$599M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$539M |
| 5 |
Meta Platforms (Facebook)
META
|
+$479M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$675M |
| 2 |
Tesla
TSLA
|
+$661M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$633M |
| 4 |
Verizon
VZ
|
+$533M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.41% |
| 2 | Technology | 16.8% |
| 3 | Consumer Staples | 11.12% |
| 4 | Consumer Discretionary | 10.11% |
| 5 | Financials | 8.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
BARK
BARK
$81.8M
| $2.91M | ﹤0.01% |
113,710
+101,600
| +839% | +$5.12M |
|
|
TRTX
1927
TPG RE Finance Trust
TRTX
$612M
| $2.91M | ﹤0.01% |
322,719
+83,425
| +35% | +$874K |
|
1928
Columbia Sportswear
COLM
$3.04B
| $2.91M | ﹤0.01% |
40,600
+36,400
| +867% | +$2.91M |
|
1929
Lloyds Banking Group
LYG
$89.5B
| $2.9M | ﹤0.01% |
1,421,900
+526,570
| +59% | +$1.16M |
|
1930
Magna International
MGA
$18.7B
| $2.9M | ﹤0.01% |
52,800
-24,400
| -32% | -$1.49M |
|
1931
Alpha Pro Tech
APT
$50.4M
| $2.9M | ﹤0.01% |
649,763
-300
| -0% | -$1.28K |
|
|
SCX
1932
DELISTED
The L.S. Starrett Company
SCX
| $2.89M | ﹤0.01% |
411,515
-17,929
| -4% | -$130K |
|
|
LFC
1933
DELISTED
China Life Insurance Company Ltd.
LFC
| $2.89M | ﹤0.01% |
334,400
+154,400
| +86% | +$1.18M |
|
1934
Broadstone Net Lease
BNL
$4.11B
| $2.89M | ﹤0.01% |
140,800
-33,400
| -19% | -$699K |
|
|
BWIN
1935
Baldwin Insurance Group
BWIN
$2.69B
| $2.87M | ﹤0.01% |
119,000
+79,600
| +202% | +$1.94M |
|
|
RMO
1936
DELISTED
Romeo Power, Inc.
RMO
| $2.86M | ﹤0.01% |
6,378,428
-145,172
| -2% | -$136K |
|
|
DENN
1937
DELISTED
Denny's
DENN
| $2.86M | ﹤0.01% |
329,111
+286,611
| +674% | +$3.16M |
|
|
IRBT
1938
DELISTED
iRobot
IRBT
| $2.85M | ﹤0.01% |
77,700
-71,300
| -48% | -$3.44M |
|
1939
iShares S&P 500 Growth ETF
IVW
$73.8B
| $2.85M | ﹤0.01% |
+47,300
| New | +$3.13M |
|
1940
Reynolds Consumer Products
REYN
$5.26B
| $2.85M | ﹤0.01% |
104,600
-27,300
| -21% | -$765K |
|
1941
Equity Bancshares
EQBK
$1.04B
| $2.85M | ﹤0.01% |
97,700
-23,700
| -20% | -$742K |
|
|
STCN
1942
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $2.85M | ﹤0.01% |
227,625
-8,016
| -3% | -$95.3K |
|
|
DHC
1943
Diversified Healthcare Trust
DHC
$2.15B
| $2.85M | ﹤0.01% |
1,563,300
+830,100
| +113% | +$1.9M |
|
|
ELVT
1944
DELISTED
Elevate Credit, Inc.
ELVT
| $2.84M | ﹤0.01% |
1,204,055
+36,900
| +3% | +$100K |
|
1945
Hubbell
HUBB
$25B
| $2.84M | ﹤0.01% |
15,900
+5,800
| +57% | +$1.09M |
|
1946
908 Devices
MASS
$329M
| $2.83M | ﹤0.01% |
137,700
+98,700
| +253% | +$1.66M |
|
1947
Silvercrest Asset Management
SAMG
$79M
| $2.83M | ﹤0.01% |
172,487
+6,579
| +4% | +$131K |
|
1948
Distribution Solutions Group
DSGR
$1.6B
| $2.82M | ﹤0.01% |
109,600
-20,000
| -15% | -$417K |
|
1949
Brighthouse Financial
BHF
$3.56B
| $2.81M | ﹤0.01% |
68,600
-60,800
| -47% | -$2.93M |
|
1950
FNB Corp
FNB
$6.73B
| $2.81M | ﹤0.01% |
258,300
+245,700
| +1,950% | +$2.87M |
|
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Renaissance Technologies's Q2 2022 Portfolio in Review
As of Q2 2022, Renaissance Technologies held 4,738 positions worth $84.5B, down 0.87% from $85.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $13.7B of net new capital in Q2 2022, opening 695 new positions and adding to 1,955 existing holdings. Its largest new stake was Microsoft: 3,820,133 shares worth $981M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Tesla, an estimated $661M trimmed.
- Renaissance Technologies's largest Q2 2022 buy was Microsoft: 3,820,133 shares worth $981M.
- Renaissance Technologies added most to Chevron in Q2 2022, an estimated $820M increase.
- Renaissance Technologies's biggest Q2 2022 reduction was Tesla, cutting an estimated $661M.
- Renaissance Technologies fully exited Amazon in Q2 2022, selling an estimated $675M.
- Renaissance Technologies's ten largest holdings make up 11% of its $84.5B portfolio in Q2 2022.
- Renaissance Technologies opened 695 new positions and closed 562 in Q2 2022.
- Renaissance Technologies's portfolio value fell 0.87% quarter-over-quarter to $84.5B.
Based on Renaissance Technologies's 13F filing for Q2 2022, filed 12 Aug 2022.