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 | |
|---|---|---|---|---|---|---|
2551
First United
FUNC
$290M
| $879K | ﹤0.01% |
61,615
-7,746
| -11% | -$114K |
|
|
OLO
2552
DELISTED
Olo Inc
OLO
| $879K | ﹤0.01% |
136,000
-28,700
| -17% | -$207K |
|
|
EMKR
2553
DELISTED
Emcore Corp
EMKR
| $875K | ﹤0.01% |
116,208
+6,467
| +6% | +$58.6K |
|
|
EFXT
2554
Enerflex
EFXT
$2.62B
| $870K | ﹤0.01% |
127,700
+6,000
| +5% | +$36.5K |
|
|
ROVR
2555
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $870K | ﹤0.01% |
+177,200
| New | +$811K |
|
2556
Smartbird Inc
BIRD
$19.5M
| $866K | ﹤0.01% |
34,380
+1,054
| +3% | +$26.3K |
|
|
FREE
2557
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $866K | ﹤0.01% |
215,500
-11,752
| -5% | -$32.8K |
|
2558
FTAI Infrastructure
FIP
$441M
| $865K | ﹤0.01% |
234,300
+91,600
| +64% | +$297K |
|
|
EDN
2559
Edenor
EDN
$1.16B
| $862K | ﹤0.01% |
55,899
-51,756
| -48% | -$532K |
|
2560
Enterprise Financial Services Corp
EFSC
$2.44B
| $860K | ﹤0.01% |
22,000
-5,000
| -19% | -$207K |
|
2561
Spero Therapeutics
SPRO
$68.9M
| $860K | ﹤0.01% |
593,431
+183,131
| +45% | +$313K |
|
|
ASTR
2562
DELISTED
Astra Space, Inc. Class A Common Stock
ASTR
| $859K | ﹤0.01% |
155,339
+17,713
| +13% | +$101K |
|
2563
Avnet
AVT
$7.29B
| $858K | ﹤0.01% |
+17,000
| New | +$749K |
|
2564
First Trust NASDAQ Cybersecurity ETF
CIBR
$14.5B
| $858K | ﹤0.01% |
18,900
+12,900
| +215% | +$547K |
|
2565
Beazer Homes USA
BZH
$903M
| $855K | ﹤0.01% |
30,228
-160,800
| -84% | -$3.28M |
|
2566
John Wiley & Sons Class A
WLY
$2.75B
| $854K | ﹤0.01% |
25,100
-19,400
| -44% | -$707K |
|
2567
Dimensional US Small Cap ETF
DFAS
$15.5B
| $850K | ﹤0.01% |
+15,506
| New | +$809K |
|
2568
Personalis
PSNL
$1.38B
| $850K | ﹤0.01% |
452,200
+5,000
| +1% | +$11.3K |
|
2569
NI Holdings
NODK
$325M
| $848K | ﹤0.01% |
57,091
+200
| +0.4% | +$2.72K |
|
2570
Superior Group of Companies
SGC
$199M
| $847K | ﹤0.01% |
90,698
-14,902
| -14% | -$125K |
|
|
AD
2571
Array Digital Infrastructure
AD
$3.05B
| $847K | ﹤0.01% |
48,062
-153,300
| -76% | -$2.73M |
|
2572
Schwab US Broad Market ETF
SCHB
$43.6B
| $843K | ﹤0.01% |
48,900
+24,600
| +101% | +$401K |
|
2573
BayCom
BCML
$334M
| $837K | ﹤0.01% |
50,200
-1,900
| -4% | -$31.4K |
|
2574
Bausch + Lomb
BLCO
$6.02B
| $837K | ﹤0.01% |
41,700
+15,600
| +60% | +$283K |
|
|
VECT
2575
DELISTED
VectivBio Holding AG Ordinary Shares
VECT
| $837K | ﹤0.01% |
+49,600
| New | +$652K |
|
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.