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 | |
|---|---|---|---|---|---|---|
1926
Xeris Biopharma Holdings
XERS
$1.39B
| $2.25M | ﹤0.01% |
858,694
+254,800
| +42% | +$649K |
|
1927
Palo Alto Networks
PANW
$270B
| $2.25M | ﹤0.01% |
17,600
-172,800
| -91% | -$18M |
|
|
ALE
1928
DELISTED
Allete
ALE
| $2.24M | ﹤0.01% |
+38,599
| New | +$2.38M |
|
|
LTC
1929
LTC Properties
LTC
$2.06B
| $2.23M | ﹤0.01% |
67,500
+20,900
| +45% | +$698K |
|
1930
Banc of California
BANC
$3.03B
| $2.23M | ﹤0.01% |
192,113
-119,100
| -38% | -$1.37M |
|
1931
China Automotive Systems
CAAS
$136M
| $2.23M | ﹤0.01% |
452,294
-23,345
| -5% | -$113K |
|
1932
TPG
TPG
$7.01B
| $2.22M | ﹤0.01% |
76,000
+50,900
| +203% | +$1.43M |
|
1933
Veracyte
VCYT
$3.7B
| $2.22M | ﹤0.01% |
+87,299
| New | +$2.12M |
|
1934
AeroVironment
AVAV
$7.56B
| $2.21M | ﹤0.01% |
21,636
-23,400
| -52% | -$2.36M |
|
|
LSEA
1935
DELISTED
Landsea Homes
LSEA
| $2.21M | ﹤0.01% |
236,600
+176,900
| +296% | +$1.24M |
|
1936
Booz Allen Hamilton
BAH
$8.39B
| $2.21M | ﹤0.01% |
19,794
-313,300
| -94% | -$31M |
|
1937
Caesarstone
CSTE
$72.3M
| $2.2M | ﹤0.01% |
419,211
+34,433
| +9% | +$156K |
|
1938
Mirion Technologies
MIR
$3.73B
| $2.18M | ﹤0.01% |
258,496
+124,396
| +93% | +$1.01M |
|
1939
Apogee Enterprises
APOG
$826M
| $2.18M | ﹤0.01% |
+45,983
| New | +$1.92M |
|
|
PRPH
1940
DELISTED
ProPhase Labs
PRPH
| $2.18M | ﹤0.01% |
30,051
-5,500
| -15% | -$448K |
|
1941
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.5B
| $2.18M | ﹤0.01% |
60,561
+50,161
| +482% | +$1.78M |
|
1942
Garrett Motion
GTX
$5.81B
| $2.18M | ﹤0.01% |
287,532
+69,932
| +32% | +$561K |
|
|
SOL
1943
DELISTED
Emeren Group
SOL
| $2.17M | ﹤0.01% |
572,800
+452,902
| +378% | +$1.76M |
|
|
AMWD
1944
DELISTED
American Woodmark
AMWD
| $2.17M | ﹤0.01% |
28,371
-15,030
| -35% | -$873K |
|
1945
Truist Financial
TFC
$63.3B
| $2.16M | ﹤0.01% |
71,317
-434,425
| -86% | -$13.5M |
|
|
ASAI
1946
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $2.16M | ﹤0.01% |
149,700
-382,805
| -72% | -$4.89M |
|
|
IBTX
1947
DELISTED
Independent Bank Group, Inc.
IBTX
| $2.16M | ﹤0.01% |
62,443
+20,500
| +49% | +$761K |
|
|
AMK
1948
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $2.15M | ﹤0.01% |
72,600
+33,200
| +84% | +$975K |
|
1949
Arcosa
ACA
$7.13B
| $2.14M | ﹤0.01% |
28,300
-45,300
| -62% | -$3.05M |
|
1950
Primis Financial Corp
FRST
$399M
| $2.14M | ﹤0.01% |
254,470
+1,457
| +0.6% | +$12.2K |
|
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.