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 | |
|---|---|---|---|---|---|---|
|
CATC
2426
DELISTED
CAMBRIDGE BANCORP
CATC
| $1.08M | ﹤0.01% |
19,841
-160
| -0.8% | -$8.91K |
|
2427
Invesco Financial Preferred ETF
PGF
$676M
| $1.08M | ﹤0.01% |
75,009
-3,191
| -4% | -$46.1K |
|
2428
Fuel Tech
FTEK
$46.7M
| $1.07M | ﹤0.01% |
809,488
-55,456
| -6% | -$72.7K |
|
|
RTC
2429
DELISTED
Baijiayun Group
RTC
| $1.07M | ﹤0.01% |
26,079
-1,240
| -5% | -$47.9K |
|
2430
Global X US Infrastructure Development ETF
PAVE
$14.9B
| $1.06M | ﹤0.01% |
+33,900
| New | +$962K |
|
|
MBCN
2431
DELISTED
Middlefield Banc Corp
MBCN
| $1.06M | ﹤0.01% |
39,712
-300
| -0.7% | -$7.84K |
|
2432
Vanguard Communication Services ETF
VOX
$5.78B
| $1.06M | ﹤0.01% |
10,000
+5,600
| +127% | +$562K |
|
2433
Aware
AWRE
$26.2M
| $1.06M | ﹤0.01% |
670,840
+767
| +0.1% | +$1.26K |
|
2434
Oak Valley Bancorp
OVLY
$283M
| $1.06M | ﹤0.01% |
42,073
+28,814
| +217% | +$700K |
|
2435
Cognyte Software
CGNT
$676M
| $1.06M | ﹤0.01% |
173,500
+43,800
| +34% | +$204K |
|
2436
Lifecore Biomedical
LFCR
$165M
| $1.06M | ﹤0.01% |
109,251
-62,200
| -36% | -$380K |
|
2437
Markel Group
MKL
$23.3B
| $1.05M | ﹤0.01% |
761
-4,786
| -86% | -$6.42M |
|
2438
Good Times Restaurants
GTIM
$14.5M
| $1.05M | ﹤0.01% |
308,868
-8,638
| -3% | -$24.6K |
|
2439
Smith & Nephew
SNN
$13.5B
| $1.05M | ﹤0.01% |
32,550
-129,400
| -80% | -$4M |
|
2440
Flexible Solutions
FSI
$63.7M
| $1.05M | ﹤0.01% |
393,045
-6,502
| -2% | -$19.1K |
|
|
FGH
2441
DELISTED
FG Group Holdings Inc.
FGH
| $1.05M | ﹤0.01% |
546,430
-200
| -0% | -$378 |
|
|
MPX
2442
DELISTED
Marine Products Corp
MPX
| $1.05M | ﹤0.01% |
62,102
+8,600
| +16% | +$127K |
|
2443
Fidelity MSCI Information Technology Index ETF
FTEC
$20.2B
| $1.04M | ﹤0.01% |
8,000
+6,200
| +344% | +$736K |
|
|
KLRS
2444
Kalaris Therapeutics
KLRS
$96.4M
| $1.04M | ﹤0.01% |
13,352
-6,118
| -31% | -$582K |
|
2445
ProPetro Holding
PUMP
$1.37B
| $1.04M | ﹤0.01% |
+126,300
| New | +$927K |
|
|
CTLP
2446
DELISTED
Cantaloupe
CTLP
| $1.04M | ﹤0.01% |
130,600
-29,400
| -18% | -$190K |
|
|
SSKN
2447
DELISTED
Strata Skin Sciences
SSKN
| $1.04M | ﹤0.01% |
109,315
-1,080
| -1% | -$10.6K |
|
2448
Zedge
ZDGE
$38.9M
| $1.03M | ﹤0.01% |
462,154
-92,260
| -17% | -$193K |
|
2449
iShares Russell Mid-Cap Growth ETF
IWP
$20.1B
| $1.03M | ﹤0.01% |
+10,700
| New | +$975K |
|
|
HUT
2450
Hut 8
HUT
$12.6B
| $1.03M | ﹤0.01% |
+62,140
| New | +$637K |
|
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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.