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 |
FRC
First Republic Bank
FRC
|
+$734M |
| 2 |
Boeing
BA
|
+$493M |
| 3 |
Pfizer
PFE
|
+$478M |
| 4 |
UnitedHealth
UNH
|
+$440M |
| 5 |
Honeywell
HON
|
+$364M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.05B |
| 2 |
Advanced Micro Devices
AMD
|
+$447M |
| 3 |
TSMC
TSM
|
+$441M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
ExxonMobil
XOM
|
+$321M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.34% |
| 2 | Technology | 16.84% |
| 3 | Consumer Discretionary | 12.66% |
| 4 | Industrials | 10.11% |
| 5 | Consumer Staples | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
PDF Solutions
PDFS
$2.01B
| $1.01M | ﹤0.01% |
23,800
-21,100
| -47% | -$739K |
|
2477
Paymentus
PAY
$4.34B
| $999K | ﹤0.01% |
112,800
-24,600
| -18% | -$208K |
|
2478
Eagle Bancorp Montana
EBMT
$188M
| $998K | ﹤0.01% |
70,710
-4,700
| -6% | -$77.5K |
|
2479
State Street SPDR ICE Preferred Securities ETF
PSK
$689M
| $998K | ﹤0.01% |
+29,400
| New | +$1.03M |
|
2480
State Street SPDR S&P Metals & Mining ETF
XME
$3.94B
| $994K | ﹤0.01% |
+18,700
| New | +$1.02M |
|
|
ARVL
2481
DELISTED
Arrival Ordinary Shares
ARVL
| $993K | ﹤0.01% |
148,155
-169,611
| -53% | -$2.5M |
|
|
VTYX
2482
DELISTED
Ventyx Biosciences
VTYX
| $992K | ﹤0.01% |
29,600
+22,800
| +335% | +$887K |
|
|
PRVB
2483
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $991K | ﹤0.01% |
+41,100
| New | +$516K |
|
2484
Valmont Industries
VMI
$9.43B
| $990K | ﹤0.01% |
+3,100
| New | +$989K |
|
2485
OP Bancorp
OPBK
$237M
| $989K | ﹤0.01% |
111,042
-30,390
| -21% | -$328K |
|
2486
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.8B
| $985K | ﹤0.01% |
21,600
-21,800
| -50% | -$992K |
|
2487
Xeris Biopharma Holdings
XERS
$1.4B
| $984K | ﹤0.01% |
603,894
+105,400
| +21% | +$132K |
|
2488
RGC Resources
RGCO
$224M
| $982K | ﹤0.01% |
42,333
-9,406
| -18% | -$222K |
|
|
KG
2489
Kestrel Group
KG
$66.7M
| $979K | ﹤0.01% |
23,425
+435
| +2% | +$20.2K |
|
2490
Kraft Heinz
KHC
$31.3B
| $978K | ﹤0.01% |
25,281
-295,900
| -92% | -$11.7M |
|
2491
InnovAge Holding
INNV
$1.52B
| $977K | ﹤0.01% |
122,400
+2,200
| +2% | +$15.9K |
|
2492
Microvast
MVST
$274M
| $977K | ﹤0.01% |
787,530
+599,870
| +320% | +$871K |
|
|
AIOT
2493
PowerFleet Inc
AIOT
$548M
| $977K | ﹤0.01% |
284,810
+2,900
| +1% | +$8.11K |
|
2494
iShares MSCI Indonesia ETF
EIDO
$484M
| $976K | ﹤0.01% |
41,500
-85,900
| -67% | -$1.96M |
|
2495
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.9B
| $973K | ﹤0.01% |
15,600
+7,400
| +90% | +$455K |
|
2496
Clearfield
CLFD
$436M
| $972K | ﹤0.01% |
20,874
-63,784
| -75% | -$4.11M |
|
2497
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $971K | ﹤0.01% |
+30,100
| New | +$966K |
|
2498
Curis
CRIS
$10M
| $970K | ﹤0.01% |
4,069
+247
| +6% | +$65.1K |
|
|
AVNS
2499
DELISTED
Avanos Medical
AVNS
| $967K | ﹤0.01% |
32,500
+10,900
| +50% | +$316K |
|
2500
Actinium Pharmaceuticals
ATNM
$25.5M
| $966K | ﹤0.01% |
102,200
-57,400
| -36% | -$606K |
|
Similar funds
Renaissance Technologies's Q1 2023 Portfolio in Review
As of Q1 2023, Renaissance Technologies held 4,600 positions worth $75.4B, up 3.1% from $73.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q1 2023 filing shows 524 new, 1,665 increased, 1,689 reduced and 668 closed positions. Its largest new stake was Honeywell: 1,937,917 shares worth $349M. The largest sale was Apple, an estimated $1.05B.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, down from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q1 2023 buy was Honeywell: 1,937,917 shares worth $349M.
- Renaissance Technologies added most to First Republic Bank in Q1 2023, an estimated $734M increase.
- Renaissance Technologies's biggest Q1 2023 reduction was Apple, cutting an estimated $1.05B.
- Renaissance Technologies fully exited Advanced Micro Devices in Q1 2023, selling an estimated $447M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.4B portfolio in Q1 2023.
- Renaissance Technologies opened 524 new positions and closed 668 in Q1 2023.
- Renaissance Technologies's portfolio value rose 3.1% quarter-over-quarter to $75.4B.
Based on Renaissance Technologies's 13F filing for Q1 2023, filed 12 May 2023.