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 | |
|---|---|---|---|---|---|---|
2101
Capital Group Global Growth Equity ETF
CGGO
$11.4B
| $1.7M | ﹤0.01% |
69,800
+33,100
| +90% | +$780K |
|
|
GBIO
2102
DELISTED
Generation Bio
GBIO
| $1.7M | ﹤0.01% |
30,810
+2,110
| +7% | +$96.8K |
|
2103
Lantronix
LTRX
$240M
| $1.7M | ﹤0.01% |
402,694
-6,600
| -2% | -$28.1K |
|
2104
Embecta
EMBC
$216M
| $1.69M | ﹤0.01% |
78,200
-2,800
| -3% | -$76.3K |
|
2105
Bread Financial
BFH
$4.37B
| $1.69M | ﹤0.01% |
+53,742
| New | +$1.54M |
|
|
PPIH
2106
Perma-Pipe International
PPIH
$196M
| $1.69M | ﹤0.01% |
177,193
-4,600
| -3% | -$48.4K |
|
2107
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.22B
| $1.68M | ﹤0.01% |
41,900
+17,400
| +71% | +$697K |
|
2108
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.44B
| $1.68M | ﹤0.01% |
30,600
-14,500
| -32% | -$802K |
|
2109
Credicorp
BAP
$31.8B
| $1.68M | ﹤0.01% |
11,385
-54,652
| -83% | -$7.5M |
|
2110
iShares MSCI Canada ETF
EWC
$6.13B
| $1.68M | ﹤0.01% |
+48,000
| New | +$1.66M |
|
2111
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $1.67M | ﹤0.01% |
31,803
+23,803
| +298% | +$1.27M |
|
|
LOMA
2112
Loma Negra
LOMA
$1.34B
| $1.67M | ﹤0.01% |
245,801
+136,413
| +125% | +$888K |
|
2113
Espey Mfg & Electronics Corp
ESP
$177M
| $1.67M | ﹤0.01% |
99,712
+12,800
| +15% | +$248K |
|
2114
Yext
YEXT
$547M
| $1.67M | ﹤0.01% |
147,700
+30,000
| +25% | +$285K |
|
2115
Applied Optoelectronics
AAOI
$7.57B
| $1.67M | ﹤0.01% |
280,100
+68,100
| +32% | +$179K |
|
|
BNT
2116
Brookfield Wealth Solutions
BNT
$11.8B
| $1.67M | ﹤0.01% |
73,950
-6,900
| -9% | -$148K |
|
|
PFIE
2117
DELISTED
Profire Energy, Inc
PFIE
| $1.67M | ﹤0.01% |
1,356,195
-35,600
| -3% | -$44.2K |
|
2118
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.66B
| $1.66M | ﹤0.01% |
32,300
+20,700
| +178% | +$1.04M |
|
|
DAWN
2119
DELISTED
Day One Biopharmaceuticals
DAWN
| $1.66M | ﹤0.01% |
139,164
-239,936
| -63% | -$3.13M |
|
|
TRTX
2120
TPG RE Finance Trust
TRTX
$612M
| $1.66M | ﹤0.01% |
224,194
-92,200
| -29% | -$624K |
|
|
ONC
2121
BeOne Medicines Ltd
ONC
$32.8B
| $1.66M | ﹤0.01% |
+9,300
| New | +$2.14M |
|
|
STCN
2122
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $1.65M | ﹤0.01% |
196,779
-1,302
| -0.7% | -$11K |
|
2123
Tennant Co
TNC
$1.43B
| $1.65M | ﹤0.01% |
+20,290
| New | +$1.52M |
|
2124
Hilltop Holdings
HTH
$2.26B
| $1.65M | ﹤0.01% |
52,284
-10,300
| -16% | -$315K |
|
2125
Hurco Companies Inc
HURC
$135M
| $1.64M | ﹤0.01% |
75,894
+20,012
| +36% | +$453K |
|
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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.