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 | |
|---|---|---|---|---|---|---|
2126
OneSpan
OSPN
$587M
| $1.64M | ﹤0.01% |
110,670
+26,370
| +31% | +$411K |
|
2127
Madison Square Garden
MSGE
$3.67B
| $1.64M | ﹤0.01% |
+48,800
| New | +$1.67M |
|
|
HIVE
2128
HIVE Digital Technologies
HIVE
$794M
| $1.64M | ﹤0.01% |
+353,500
| New | +$1.19M |
|
2129
Baytex Energy
BTE
$3.15B
| $1.64M | ﹤0.01% |
501,097
+219,697
| +78% | +$769K |
|
2130
Quest Resource Holding
QRHC
$27.8M
| $1.63M | ﹤0.01% |
250,392
-1,903
| -0.8% | -$10.9K |
|
|
PSTL
2131
Postal Realty Trust
PSTL
$690M
| $1.63M | ﹤0.01% |
110,850
+4,600
| +4% | +$68K |
|
|
INFN
2132
DELISTED
Infinera Corporation Common Stock
INFN
| $1.63M | ﹤0.01% |
337,500
+9,060
| +3% | +$49.8K |
|
|
CVLY
2133
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.63M | ﹤0.01% |
83,138
-18,103
| -18% | -$344K |
|
|
IGMS
2134
DELISTED
IGM Biosciences
IGMS
| $1.62M | ﹤0.01% |
176,000
+133,300
| +312% | +$1.49M |
|
2135
Invesco Preferred ETF
PGX
$3.81B
| $1.62M | ﹤0.01% |
+142,852
| New | +$1.62M |
|
2136
BK Technologies
BKTI
$297M
| $1.62M | ﹤0.01% |
97,870
-9,357
| -9% | -$131K |
|
2137
Root
ROOT
$899M
| $1.62M | ﹤0.01% |
181,316
-18,372
| -9% | -$102K |
|
2138
Ares Management
ARES
$30.4B
| $1.62M | ﹤0.01% |
16,800
-266,400
| -94% | -$23M |
|
2139
Luxfer Holdings
LXFR
$456M
| $1.61M | ﹤0.01% |
113,400
+70,400
| +164% | +$1.08M |
|
2140
Crown Crafts
CRWS
$31.6M
| $1.61M | ﹤0.01% |
321,516
-1,326
| -0.4% | -$7.07K |
|
|
GHG
2141
GreenTree Hospitality
GHG
$113M
| $1.61M | ﹤0.01% |
310,804
-28,700
| -8% | -$129K |
|
2142
Nexa Resources
NEXA
$1.69B
| $1.61M | ﹤0.01% |
330,920
+886
| +0.3% | +$5.02K |
|
|
KZR
2143
DELISTED
Kezar Life Sciences
KZR
| $1.61M | ﹤0.01% |
65,598
-3,970
| -6% | -$103K |
|
2144
Kite Realty
KRG
$5.75B
| $1.61M | ﹤0.01% |
71,903
-91,600
| -56% | -$1.89M |
|
2145
Farmers National Banc Corp
FMNB
$945M
| $1.6M | ﹤0.01% |
129,484
-30,400
| -19% | -$363K |
|
2146
Bel Fuse Inc Class A
BELFA
$3.11B
| $1.6M | ﹤0.01% |
27,600
+1,400
| +5% | +$63.6K |
|
|
CEPU
2147
Central Puerto
CEPU
$2.26B
| $1.6M | ﹤0.01% |
230,236
+149,920
| +187% | +$959K |
|
2148
nCino
NCNO
$2.09B
| $1.6M | ﹤0.01% |
53,000
-226,839
| -81% | -$5.77M |
|
2149
Sypris Solutions
SYPR
$44M
| $1.59M | ﹤0.01% |
780,821
-5,200
| -0.7% | -$10.3K |
|
2150
AmeriServ Financial
ASRV
$77.7M
| $1.59M | ﹤0.01% |
626,929
-9,475
| -1% | -$27.1K |
|
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.