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 |
Broadcom
AVGO
|
+$412M |
| 2 |
Advanced Micro Devices
AMD
|
+$294M |
| 3 |
Apple
AAPL
|
+$244M |
| 4 |
Qualcomm
QCOM
|
+$207M |
| 5 |
Pinduoduo
PDD
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$510M |
| 2 |
Uber
UBER
|
+$419M |
| 3 |
Chevron
CVX
|
+$286M |
| 4 |
Meta Platforms (Facebook)
META
|
+$255M |
| 5 |
NVO
Novo Nordisk
NVO
|
+$215M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.64% |
| 2 | Healthcare | 18.28% |
| 3 | Consumer Discretionary | 13.73% |
| 4 | Industrials | 8.66% |
| 5 | Financials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Ollie's Bargain Outlet
OLLI
$4.51B
| $726K | ﹤0.01% |
7,400
-128,400
| -95% | -$10.2M |
|
2502
Matthews International
MATW
$876M
| $725K | ﹤0.01% |
+28,953
| New | +$794K |
|
2503
Rogers Corp
ROG
$2.24B
| $724K | ﹤0.01% |
6,000
-53,300
| -90% | -$6.25M |
|
2504
Mineralys Therapeutics
MLYS
$2.27B
| $723K | ﹤0.01% |
61,800
+30,100
| +95% | +$379K |
|
2505
Invesco S&P 500 Revenue ETF
RWL
$9.78B
| $722K | ﹤0.01% |
7,800
-14,500
| -65% | -$1.33M |
|
|
BRAG
2506
Bragg Gaming Group
BRAG
$51.2M
| $720K | ﹤0.01% |
124,700
+36,100
| +41% | +$217K |
|
|
LONA
2507
LeonaBio Inc
LONA
$70.2M
| $719K | ﹤0.01% |
27,149
+917
| +3% | +$21.6K |
|
2508
Upland Software
UPLD
$13.1M
| $718K | ﹤0.01% |
28,841
+18,562
| +181% | +$489K |
|
2509
Ramaco Resources Class B
METCB
$450M
| $716K | ﹤0.01% |
71,085
+10,459
| +17% | +$109K |
|
2510
Houlihan Lokey
HLI
$8.77B
| $715K | ﹤0.01% |
5,300
-19,700
| -79% | -$2.58M |
|
2511
Harte-Hanks
HHS
$14.8M
| $714K | ﹤0.01% |
87,900
+56,600
| +181% | +$413K |
|
2512
Enviri
NVRI
$651M
| $714K | ﹤0.01% |
+82,687
| New | +$689K |
|
2513
First Trust Rising Dividend Achievers ETF
RDVY
$25.1B
| $712K | ﹤0.01% |
13,000
-26,200
| -67% | -$1.43M |
|
2514
Kopin
KOPN
$693M
| $711K | ﹤0.01% |
846,069
+703,740
| +494% | +$685K |
|
2515
City Holding Co
CHCO
$2.05B
| $711K | ﹤0.01% |
6,688
-11,100
| -62% | -$1.14M |
|
2516
TriMas Corp
TRS
$1.45B
| $711K | ﹤0.01% |
27,800
-25,800
| -48% | -$678K |
|
2517
iShares S&P Small-Cap 600 Value ETF
IJS
$8.28B
| $710K | ﹤0.01% |
+7,300
| New | +$717K |
|
2518
Rocky Mountain Chocolate Factory
RMCF
$8.03M
| $708K | ﹤0.01% |
321,923
-6,437
| -2% | -$20.3K |
|
2519
Upbound Group
UPBD
$1.18B
| $706K | ﹤0.01% |
23,012
-9,400
| -29% | -$300K |
|
|
DALN
2520
DELISTED
DallasNews
DALN
| $706K | ﹤0.01% |
196,739
+4,800
| +3% | +$18K |
|
2521
SIGA Technologies
SIGA
$230M
| $705K | ﹤0.01% |
92,936
+74,500
| +404% | +$607K |
|
2522
Oil States International
OIS
$497M
| $705K | ﹤0.01% |
158,764
-233,522
| -60% | -$1.12M |
|
2523
Schwab US Broad Market ETF
SCHB
$43.9B
| $704K | ﹤0.01% |
+33,600
| New | +$681K |
|
2524
Alta Equipment Group
ALTG
$227M
| $702K | ﹤0.01% |
87,300
-19,400
| -18% | -$196K |
|
2525
American Express Global Business Travel
GBTG
$4.93B
| $698K | ﹤0.01% |
105,700
+85,800
| +431% | +$526K |
|
Similar funds
Renaissance Technologies's Q2 2024 Portfolio in Review
As of Q2 2024, Renaissance Technologies held 4,123 positions worth $59B, down 7.3% from $63.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $4.49B in Q2 2024, closing 675 positions and reducing 1,503 holdings. Its most notable exit was Bank of America, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Broadcom worth $472M.
- Renaissance Technologies's largest Q2 2024 buy was Broadcom: 2,941,150 shares worth $472M.
- Renaissance Technologies added most to Apple in Q2 2024, an estimated $244M increase.
- Renaissance Technologies's biggest Q2 2024 reduction was Amazon, cutting an estimated $510M.
- Renaissance Technologies fully exited Bank of America in Q2 2024, selling an estimated $142M.
- Renaissance Technologies's ten largest holdings make up 12% of its $59B portfolio in Q2 2024.
- Renaissance Technologies opened 463 new positions and closed 675 in Q2 2024.
- Renaissance Technologies's portfolio value fell 7.3% quarter-over-quarter to $59B.
Based on Renaissance Technologies's 13F filing for Q2 2024, filed 9 Aug 2024.