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 | |
|---|---|---|---|---|---|---|
|
CWBC
2051
Community West Bancshares
CWBC
$679M
| $2.42M | ﹤0.01% |
166,556
+45,700
| +38% | +$837K |
|
2052
Coeur Mining
CDE
$15.4B
| $2.41M | ﹤0.01% |
794,195
-194,400
| -20% | -$764K |
|
2053
Insight Enterprises
NSIT
$3.89B
| $2.41M | ﹤0.01% |
+27,973
| New | +$2.73M |
|
2054
Shake Shack
SHAK
$2.53B
| $2.41M | ﹤0.01% |
61,000
-221,400
| -78% | -$11.3M |
|
|
AZRE
2055
DELISTED
Azure Power Global Limited
AZRE
| $2.41M | ﹤0.01% |
211,096
+13,500
| +7% | +$190K |
|
2056
Compugen
CGEN
$222M
| $2.4M | ﹤0.01% |
1,300,072
+492,657
| +61% | +$1.06M |
|
|
OPTU
2057
Optimum Communications Inc
OPTU
$298M
| $2.4M | ﹤0.01% |
+259,800
| New | +$2.72M |
|
2058
Granite Construction
GVA
$5.29B
| $2.39M | ﹤0.01% |
82,065
-213,500
| -72% | -$6.63M |
|
2059
Upbound Group
UPBD
$1.13B
| $2.39M | ﹤0.01% |
122,899
-421,600
| -77% | -$10.5M |
|
2060
Landmark Bancorp
LARK
$191M
| $2.39M | ﹤0.01% |
114,609
-8,995
| -7% | -$190K |
|
2061
Graham Corp
GHM
$1.12B
| $2.38M | ﹤0.01% |
344,268
-3,007
| -0.9% | -$22.8K |
|
2062
Remitly
RELY
$4.79B
| $2.38M | ﹤0.01% |
310,500
-71,731
| -19% | -$710K |
|
|
PFIE
2063
DELISTED
Profire Energy, Inc
PFIE
| $2.38M | ﹤0.01% |
1,649,395
+181,900
| +12% | +$244K |
|
2064
Janus International
JBI
$700M
| $2.37M | ﹤0.01% |
262,400
+215,200
| +456% | +$2.09M |
|
2065
Lyft
LYFT
$6.02B
| $2.36M | ﹤0.01% |
+178,000
| New | +$4.15M |
|
|
MIC
2066
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $2.36M | ﹤0.01% |
604,617
+498,117
| +468% | +$1.88M |
|
|
BTRS
2067
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
| $2.36M | ﹤0.01% |
474,500
-43,700
| -8% | -$251K |
|
2068
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.3B
| $2.36M | ﹤0.01% |
+81,800
| New | +$2.59M |
|
2069
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $2.36M | ﹤0.01% |
52,400
+28,300
| +117% | +$1.4M |
|
2070
Curis
CRIS
$9.78M
| $2.35M | ﹤0.01% |
5,980
+2,684
| +81% | +$1.12M |
|
2071
Marcus Corp
MCS
$897M
| $2.35M | ﹤0.01% |
159,300
+115,100
| +260% | +$1.77M |
|
2072
Oceaneering
OII
$4.86B
| $2.35M | ﹤0.01% |
220,341
-43,859
| -17% | -$539K |
|
2073
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $2.34M | ﹤0.01% |
60,400
+51,600
| +586% | +$1.81M |
|
|
LAZR
2074
DELISTED
Luminar Technologies
LAZR
| $2.34M | ﹤0.01% |
+26,320
| New | +$4.2M |
|
2075
Stepan Co
SCL
$1.46B
| $2.33M | ﹤0.01% |
23,000
-21,700
| -49% | -$2.24M |
|
Similar funds
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.