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
|
+$839M |
| 2 |
Amazon
AMZN
|
+$810M |
| 3 |
Tesla
TSLA
|
+$644M |
| 4 |
TSMC
TSM
|
+$546M |
| 5 |
Johnson & Johnson
JNJ
|
+$389M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$891M |
| 2 |
Home Depot
HD
|
+$441M |
| 3 |
JPMorgan Chase
JPM
|
+$335M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$317M |
| 5 |
ASML
ASML
|
+$315M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.81% |
| 2 | Technology | 15.51% |
| 3 | Consumer Discretionary | 11.84% |
| 4 | Consumer Staples | 10.09% |
| 5 | Financials | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
IGMS
2226
DELISTED
IGM Biosciences
IGMS
| $1.58M | ﹤0.01% |
92,800
+80,200
| +637% | +$1.6M |
|
|
TBRG
2227
DELISTED
TruBridge
TBRG
| $1.58M | ﹤0.01% |
58,000
-1,900
| -3% | -$54.3K |
|
2228
OP Bancorp
OPBK
$235M
| $1.58M | ﹤0.01% |
141,432
+3,537
| +3% | +$40.5K |
|
|
ACLX
2229
DELISTED
Arcellx
ACLX
| $1.57M | ﹤0.01% |
+50,800
| New | +$1.17M |
|
2230
Forum Energy Technologies
FET
$849M
| $1.57M | ﹤0.01% |
53,354
+35,054
| +192% | +$959K |
|
2231
Wolverine World Wide
WWW
$1.6B
| $1.57M | ﹤0.01% |
+144,000
| New | +$1.91M |
|
|
LGF.B
2232
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.57M | ﹤0.01% |
288,939
+76,000
| +36% | +$504K |
|
|
SASR
2233
DELISTED
Sandy Spring Bancorp Inc
SASR
| $1.57M | ﹤0.01% |
44,537
+5,200
| +13% | +$182K |
|
|
STEL
2234
DELISTED
Stellar Bancorp
STEL
| $1.56M | ﹤0.01% |
53,110
+2,300
| +5% | +$71.2K |
|
2235
iShares MSCI USA Min Vol Factor ETF
USMV
$24B
| $1.56M | ﹤0.01% |
+21,700
| New | +$1.54M |
|
2236
Latham Group
SWIM
$857M
| $1.56M | ﹤0.01% |
485,700
+333,900
| +220% | +$1.2M |
|
2237
White Mountains Insurance
WTM
$5.23B
| $1.56M | ﹤0.01% |
1,100
+200
| +22% | +$271K |
|
|
EVBG
2238
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $1.56M | ﹤0.01% |
52,600
+23,000
| +78% | +$705K |
|
2239
First Community Corp
FCCO
$324M
| $1.55M | ﹤0.01% |
70,969
-1,956
| -3% | -$38.1K |
|
|
RADI
2240
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $1.55M | ﹤0.01% |
131,300
-3,500
| -3% | -$36.3K |
|
2241
Coastal Financial
CCB
$675M
| $1.55M | ﹤0.01% |
32,574
-32,800
| -50% | -$1.52M |
|
|
ZEUS
2242
DELISTED
Olympic Steel
ZEUS
| $1.55M | ﹤0.01% |
46,098
-10,300
| -18% | -$309K |
|
|
CATC
2243
DELISTED
CAMBRIDGE BANCORP
CATC
| $1.55M | ﹤0.01% |
18,641
+900
| +5% | +$77K |
|
2244
Legend Biotech
LEGN
$3.69B
| $1.54M | ﹤0.01% |
30,900
-39,300
| -56% | -$1.9M |
|
2245
iShares MSCI Europe Financials ETF
EUFN
$4.27B
| $1.54M | ﹤0.01% |
87,900
+10,235
| +13% | +$166K |
|
2246
Butterfly Network
BFLY
$2.24B
| $1.54M | ﹤0.01% |
625,600
+511,100
| +446% | +$1.83M |
|
2247
Flywire
FLYW
$2.3B
| $1.54M | ﹤0.01% |
+62,900
| New | +$1.36M |
|
2248
Codexis
CDXS
$156M
| $1.53M | ﹤0.01% |
329,000
+174,008
| +112% | +$954K |
|
|
TTM
2249
DELISTED
Tata Motors Limited
TTM
| $1.53M | ﹤0.01% |
66,200
-341,300
| -84% | -$8.54M |
|
2250
Erasca
ERAS
$6.46B
| $1.53M | ﹤0.01% |
+354,575
| New | +$2.4M |
|
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Renaissance Technologies's Q4 2022 Portfolio in Review
As of Q4 2022, Renaissance Technologies held 4,601 positions worth $73.1B, up 3.4% from $70.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q4 2022 filing shows 626 new, 1,390 increased, 2,018 reduced and 524 closed positions. Its largest new stake was Johnson & Johnson: 2,254,125 shares worth $398M. The largest sale was Microsoft, an estimated $891M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2022 buy was Johnson & Johnson: 2,254,125 shares worth $398M.
- Renaissance Technologies added most to Apple in Q4 2022, an estimated $839M increase.
- Renaissance Technologies's biggest Q4 2022 reduction was Novo Nordisk, cutting an estimated $317M.
- Renaissance Technologies fully exited Microsoft in Q4 2022, selling an estimated $891M.
- Renaissance Technologies's ten largest holdings make up 11% of its $73.1B portfolio in Q4 2022.
- Renaissance Technologies opened 626 new positions and closed 524 in Q4 2022.
- Renaissance Technologies's portfolio value rose 3.4% quarter-over-quarter to $73.1B.
Based on Renaissance Technologies's 13F filing for Q4 2022, filed 13 Feb 2023.