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 |
Chevron
CVX
|
+$317M |
| 2 |
Walmart Inc
WMT
|
+$218M |
| 3 |
Linde
LIN
|
+$174M |
| 4 |
PayPal
PYPL
|
+$133M |
| 5 |
Union Pacific
UNP
|
+$126M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$724M |
| 2 |
Uber
UBER
|
+$527M |
| 3 |
ExxonMobil
XOM
|
+$450M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$365M |
| 5 |
Apple
AAPL
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.8% |
| 2 | Healthcare | 17.12% |
| 3 | Consumer Discretionary | 13.21% |
| 4 | Financials | 8.81% |
| 5 | Consumer Staples | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
CorMedix
CRMD
$592M
| $1.01M | ﹤0.01% |
238,659
+2,959
| +1% | +$10.3K |
|
2477
Cabaletta Bio
CABA
$439M
| $1.01M | ﹤0.01% |
+59,000
| New | +$1.27M |
|
2478
Planet Labs
PL
$7.67B
| $1.01M | ﹤0.01% |
394,800
+54,400
| +16% | +$123K |
|
2479
Fuel Tech
FTEK
$46.7M
| $1M | ﹤0.01% |
830,106
-30,119
| -4% | -$33.1K |
|
2480
Outset Medical
OM
$92.5M
| $1M | ﹤0.01% |
30,159
+7,999
| +36% | +$405K |
|
|
PLYA
2481
DELISTED
Playa Hotels & Resorts
PLYA
| $1M | ﹤0.01% |
+103,148
| New | +$911K |
|
2482
Vanguard Health Care ETF
VHT
$18.1B
| $1M | ﹤0.01% |
+3,700
| New | +$972K |
|
2483
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.38B
| $999K | ﹤0.01% |
22,500
+7,800
| +53% | +$332K |
|
|
SCWX
2484
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $998K | ﹤0.01% |
148,440
+100
| +0.1% | +$679 |
|
2485
Vanguard ESG US Stock ETF
ESGV
$13.3B
| $997K | ﹤0.01% |
10,700
+100
| +0.9% | +$8.89K |
|
2486
Journey Medical
DERM
$178M
| $996K | ﹤0.01% |
270,600
+9,600
| +4% | +$41.8K |
|
2487
Eltek
ELTK
$58.5M
| $996K | ﹤0.01% |
89,423
-6,115
| -6% | -$91K |
|
2488
iShares S&P 500 Growth ETF
IVW
$75.5B
| $996K | ﹤0.01% |
+11,800
| New | +$948K |
|
2489
Yatra Online
YTRA
$54.9M
| $996K | ﹤0.01% |
626,236
-17,472
| -3% | -$28.4K |
|
2490
Curis
CRIS
$10M
| $995K | ﹤0.01% |
4,578
+70
| +2% | +$15.1K |
|
2491
iShares Core Moderate Allocation ETF
AOM
$1.76B
| $988K | ﹤0.01% |
+23,100
| New | +$965K |
|
2492
Oak Valley Bancorp
OVLY
$283M
| $988K | ﹤0.01% |
39,873
-7,800
| -16% | -$199K |
|
2493
Fulgent Genetics
FLGT
$500M
| $987K | ﹤0.01% |
45,500
-1,800
| -4% | -$44.7K |
|
2494
Lifetime Brands
LCUT
$195M
| $987K | ﹤0.01% |
94,151
-50,400
| -35% | -$444K |
|
2495
Immunic
IMUX
$192M
| $986K | ﹤0.01% |
74,727
+67,246
| +899% | +$874K |
|
|
OKUR
2496
OnKure Therapeutics
OKUR
$162M
| $985K | ﹤0.01% |
59,330
+19,290
| +48% | +$318K |
|
2497
GrowGeneration
GRWG
$88.3M
| $984K | ﹤0.01% |
344,110
+249,910
| +265% | +$576K |
|
2498
PennyMac Financial
PFSI
$3.97B
| $984K | ﹤0.01% |
+10,800
| New | +$944K |
|
2499
Woori Financial
WF
$16.8B
| $983K | ﹤0.01% |
+30,300
| New | +$971K |
|
2500
Riverview Bancorp
RVSB
$108M
| $982K | ﹤0.01% |
208,007
-16,600
| -7% | -$86.2K |
|
Similar funds
Renaissance Technologies's Q1 2024 Portfolio in Review
As of Q1 2024, Renaissance Technologies held 4,246 positions worth $63.6B, down 1.5% from $64.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $5.25B in Q1 2024, closing 582 positions and reducing 1,517 holdings. Its most notable exit was ExxonMobil, an estimated $450M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Chevron worth $331M.
- Renaissance Technologies's largest Q1 2024 buy was Chevron: 2,097,623 shares worth $331M.
- Renaissance Technologies added most to Walmart Inc in Q1 2024, an estimated $218M increase.
- Renaissance Technologies's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $724M.
- Renaissance Technologies fully exited ExxonMobil in Q1 2024, selling an estimated $450M.
- Renaissance Technologies's ten largest holdings make up 12% of its $63.6B portfolio in Q1 2024.
- Renaissance Technologies opened 563 new positions and closed 582 in Q1 2024.
- Renaissance Technologies's portfolio value fell 1.5% quarter-over-quarter to $63.6B.
Based on Renaissance Technologies's 13F filing for Q1 2024, filed 13 May 2024.