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 | |
|---|---|---|---|---|---|---|
2476
Byline Bancorp
BY
$1.81B
| $982K | ﹤0.01% |
54,271
-16,500
| -23% | -$310K |
|
2477
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $979K | ﹤0.01% |
+7,600
| New | +$952K |
|
2478
ARK Web x.0 ETF
ARKW
$1.68B
| $973K | ﹤0.01% |
16,600
-1,100
| -6% | -$57.3K |
|
2479
Legend Biotech
LEGN
$3.68B
| $973K | ﹤0.01% |
14,100
-27,200
| -66% | -$1.78M |
|
2480
MGE Energy Inc
MGEE
$3.02B
| $973K | ﹤0.01% |
12,300
-2,400
| -16% | -$184K |
|
2481
Broadstone Net Lease
BNL
$4.08B
| $971K | ﹤0.01% |
+62,900
| New | +$1.01M |
|
2482
CEVA Inc
CEVA
$927M
| $971K | ﹤0.01% |
38,000
-26,000
| -41% | -$655K |
|
2483
Chicago Rivet & Machine Co
CVR
$10.1M
| $970K | ﹤0.01% |
37,710
-600
| -2% | -$16K |
|
2484
Comtech Telecommunications
CMTL
$49.7M
| $967K | ﹤0.01% |
105,817
+80,467
| +317% | +$864K |
|
2485
Vanguard Industrials ETF
VIS
$8.27B
| $966K | ﹤0.01% |
+4,700
| New | +$898K |
|
2486
Schwab International Small-Cap Equity ETF
SCHC
$5.45B
| $965K | ﹤0.01% |
28,581
-6,519
| -19% | -$220K |
|
2487
CVRx
CVRX
$146M
| $963K | ﹤0.01% |
62,400
+12,700
| +26% | +$155K |
|
2488
Astronics
ATRO
$3.51B
| $959K | ﹤0.01% |
57,960
-40,680
| -41% | -$557K |
|
|
RAPT
2489
DELISTED
RAPT Therapeutics
RAPT
| $959K | ﹤0.01% |
6,413
-7,150
| -53% | -$1.11M |
|
|
VIA
2490
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $959K | ﹤0.01% |
137,801
-16,300
| -11% | -$194K |
|
2491
1stdibs.com
DIBS
$149M
| $954K | ﹤0.01% |
255,200
+86,800
| +52% | +$331K |
|
|
SCTL
2492
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $954K | ﹤0.01% |
867,217
-31,500
| -4% | -$27.8K |
|
2493
AerSale
ASLE
$307M
| $953K | ﹤0.01% |
64,800
-1,500
| -2% | -$24.1K |
|
|
LITS
2494
Lite Strategy Inc
LITS
$33.4M
| $952K | ﹤0.01% |
144,746
+4,528
| +3% | +$28.8K |
|
|
PSTX
2495
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $950K | ﹤0.01% |
540,024
-63,176
| -10% | -$161K |
|
2496
SEACOR Marine Holdings
SMHI
$257M
| $948K | ﹤0.01% |
82,900
+11,300
| +16% | +$100K |
|
2497
Arteris
AIP
$1.39B
| $947K | ﹤0.01% |
138,800
-17,200
| -11% | -$92.9K |
|
2498
iShares MSCI Switzerland ETF
EWL
$2.19B
| $947K | ﹤0.01% |
+20,500
| New | +$964K |
|
2499
CNB Financial Corp
CCNE
$1.05B
| $946K | ﹤0.01% |
53,601
-200
| -0.4% | -$3.58K |
|
2500
Kforce
KFRC
$1.03B
| $943K | ﹤0.01% |
15,049
-32,200
| -68% | -$1.94M |
|
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.