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 | |
|---|---|---|---|---|---|---|
2701
Texas Capital Bancshares
TCBI
$4.4B
| $685K | ﹤0.01% |
14,000
-56,800
| -80% | -$3.49M |
|
|
WMC
2702
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $684K | ﹤0.01% |
74,945
+51,635
| +222% | +$507K |
|
2703
Matthews International
MATW
$876M
| $682K | ﹤0.01% |
18,900
-61,953
| -77% | -$2.28M |
|
2704
GraniteShares Gold Shares
BAR
$1.36B
| $681K | ﹤0.01% |
34,900
+400
| +1% | +$7.5K |
|
2705
ClearOne Inc
CLRO
$11.2M
| $680K | ﹤0.01% |
30,044
+6,673
| +29% | +$160K |
|
2706
Atossa Therapeutics
ATOS
$21.6M
| $679K | ﹤0.01% |
62,405
+6,087
| +11% | +$67.9K |
|
|
TIG
2707
DELISTED
Trean Insurance Group, Inc. Common Stock
TIG
| $679K | ﹤0.01% |
110,900
-48,400
| -30% | -$294K |
|
2708
Smart Sand
SND
$186M
| $678K | ﹤0.01% |
385,000
+103,339
| +37% | +$192K |
|
2709
Douglas Dynamics
PLOW
$972M
| $676K | ﹤0.01% |
21,200
-11,300
| -35% | -$416K |
|
|
FM
2710
DELISTED
iShares Frontier and Select EM ETF
FM
| $676K | ﹤0.01% |
+26,400
| New | +$677K |
|
2711
Avantis International Equity ETF
AVDE
$18.2B
| $673K | ﹤0.01% |
11,800
-1,100
| -9% | -$62K |
|
2712
Brookfield Renewable
BEP
$10.2B
| $673K | ﹤0.01% |
21,350
-221,800
| -91% | -$6.25M |
|
2713
Littelfuse
LFUS
$11.3B
| $670K | ﹤0.01% |
2,500
-25,434
| -91% | -$6.53M |
|
2714
1stdibs.com
DIBS
$149M
| $669K | ﹤0.01% |
168,400
+47,500
| +39% | +$241K |
|
2715
Legacy Housing
LEGH
$625M
| $667K | ﹤0.01% |
29,308
-14,646
| -33% | -$296K |
|
2716
State Street SPDR Portfolio TIPS ETF
SPIP
$999M
| $667K | ﹤0.01% |
25,000
+10,700
| +75% | +$280K |
|
|
TCRR
2717
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $667K | ﹤0.01% |
444,800
-248,486
| -36% | -$335K |
|
2718
Dimensional International High Profitability ETF
DIHP
$6.38B
| $665K | ﹤0.01% |
27,500
-20,300
| -42% | -$478K |
|
2719
Cogent Biosciences
COGT
$6.64B
| $663K | ﹤0.01% |
+61,468
| New | +$786K |
|
2720
Viant Technology
DSP
$245M
| $663K | ﹤0.01% |
152,300
+3,000
| +2% | +$13K |
|
2721
Lesaka Technologies
LSAK
$401M
| $661K | ﹤0.01% |
137,800
+1,700
| +1% | +$7.56K |
|
2722
Arteris
AIP
$1.39B
| $660K | ﹤0.01% |
156,000
+112,100
| +255% | +$586K |
|
2723
Compugen
CGEN
$225M
| $659K | ﹤0.01% |
938,100
-335,666
| -26% | -$276K |
|
2724
Mannatech
MTEX
$9.55M
| $657K | ﹤0.01% |
38,099
-200
| -0.5% | -$3.4K |
|
2725
Standard BioTools
LAB
$339M
| $656K | ﹤0.01% |
336,300
+36,200
| +12% | +$71.5K |
|
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.