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 | |
|---|---|---|---|---|---|---|
2176
Ampco-Pittsburgh
AP
$166M
| $1.53M | ﹤0.01% |
482,419
-5,659
| -1% | -$16.8K |
|
2177
Paymentus
PAY
$4.43B
| $1.53M | ﹤0.01% |
145,300
+32,500
| +29% | +$304K |
|
2178
ProShares Bitcoin Strategy ETF
BITO
$1.42B
| $1.53M | ﹤0.01% |
+90,300
| New | +$1.46M |
|
2179
Horizon Bancorp
HBNC
$1.06B
| $1.53M | ﹤0.01% |
147,116
-73,700
| -33% | -$732K |
|
2180
Landmark Bancorp
LARK
$194M
| $1.53M | ﹤0.01% |
81,062
-810
| -1% | -$14.6K |
|
|
HIMX
2181
Himax Technologies
HIMX
$2.21B
| $1.52M | ﹤0.01% |
225,900
-48,400
| -18% | -$340K |
|
2182
LCNB Corp
LCNB
$284M
| $1.52M | ﹤0.01% |
103,316
+2,900
| +3% | +$44.3K |
|
2183
Dimensional International Value ETF
DFIV
$21.3B
| $1.52M | ﹤0.01% |
+46,400
| New | +$1.52M |
|
2184
Maui Land & Pineapple Co
MLP
$361M
| $1.52M | ﹤0.01% |
106,749
+100
| +0.1% | +$1.26K |
|
2185
KLX Energy Services
KLXE
$45.4M
| $1.51M | ﹤0.01% |
155,500
-23,554
| -13% | -$232K |
|
2186
Patria Investments
PAX
$1.8B
| $1.51M | ﹤0.01% |
105,800
-138,700
| -57% | -$2.06M |
|
2187
AstroNova
ALOT
$224M
| $1.51M | ﹤0.01% |
104,142
-2,400
| -2% | -$35.8K |
|
|
REFI
2188
Chicago Atlantic Real Estate Finance
REFI
$253M
| $1.51M | ﹤0.01% |
99,700
+42,580
| +75% | +$618K |
|
2189
ARKO Corp
ARKO
$883M
| $1.51M | ﹤0.01% |
189,400
+6,900
| +4% | +$54.9K |
|
2190
Digimarc Corp
DMRC
$161M
| $1.5M | ﹤0.01% |
51,100
+30,000
| +142% | +$738K |
|
2191
Great Elm Group
GEG
$67.4M
| $1.5M | ﹤0.01% |
732,876
+17,076
| +2% | +$35.4K |
|
2192
HighPeak Energy
HPK
$906M
| $1.5M | ﹤0.01% |
137,500
+19,900
| +17% | +$335K |
|
|
GPGI
2193
GPGI Inc
GPGI
$4.13B
| $1.49M | ﹤0.01% |
261,987
+7,461
| +3% | +$44.7K |
|
2194
Urban One Class D
UONEK
$23.6M
| $1.49M | ﹤0.01% |
24,880
-190
| -0.8% | -$10.8K |
|
2195
Republic Bancorp
RBCAA
$1.96B
| $1.49M | ﹤0.01% |
35,100
+3,900
| +13% | +$163K |
|
|
AVID
2196
DELISTED
Avid Technology Inc
AVID
| $1.49M | ﹤0.01% |
58,500
-99,700
| -63% | -$2.58M |
|
2197
Annexon
ANNX
$845M
| $1.49M | ﹤0.01% |
422,200
+65,100
| +18% | +$285K |
|
2198
Advanced Energy
AEIS
$11.6B
| $1.49M | ﹤0.01% |
13,322
-9,700
| -42% | -$925K |
|
2199
Radcom
RDCM
$171M
| $1.48M | ﹤0.01% |
156,733
-6,600
| -4% | -$63K |
|
|
SEMR
2200
DELISTED
Semrush
SEMR
| $1.48M | ﹤0.01% |
154,600
-108,900
| -41% | -$962K |
|
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.