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 | |
|---|---|---|---|---|---|---|
2701
UTStarcom
UTSI
$23.5M
| $692K | ﹤0.01% |
195,926
-24,800
| -11% | -$93K |
|
2702
Blend Labs
BLND
$431M
| $690K | ﹤0.01% |
728,860
+546,100
| +299% | +$484K |
|
|
GHL
2703
DELISTED
Greenhill & Co., Inc.
GHL
| $689K | ﹤0.01% |
+47,000
| New | +$496K |
|
2704
Usio Inc
USIO
$58.8M
| $688K | ﹤0.01% |
369,941
+51,800
| +16% | +$101K |
|
|
BASE
2705
DELISTED
Couchbase
BASE
| $687K | ﹤0.01% |
43,400
-6,608
| -13% | -$108K |
|
2706
Invesco FTSE RAFI US 1000 ETF
PRF
$9.79B
| $687K | ﹤0.01% |
+21,000
| New | +$663K |
|
|
TCS
2707
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $682K | ﹤0.01% |
14,481
+9,521
| +192% | +$424K |
|
|
GRTX
2708
DELISTED
Galera Therapeutics, Inc. Common Stock
GRTX
| $680K | ﹤0.01% |
217,900
+14,400
| +7% | +$42.8K |
|
|
MRNS
2709
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $680K | ﹤0.01% |
62,600
-68,700
| -52% | -$588K |
|
2710
Vanguard International High Dividend Yield ETF
VYMI
$20.6B
| $677K | ﹤0.01% |
+10,705
| New | +$678K |
|
2711
Ameris Bancorp
ABCB
$5.85B
| $676K | ﹤0.01% |
+19,769
| New | +$655K |
|
2712
Zevra Therapeutics
ZVRA
$562M
| $673K | ﹤0.01% |
131,900
+28,100
| +27% | +$151K |
|
2713
Enerpac Tool Group
EPAC
$1.83B
| $670K | ﹤0.01% |
24,800
+7,900
| +47% | +$200K |
|
2714
ProShares Short S&P500
SH
$927M
| $670K | ﹤0.01% |
12,075
+7,075
| +142% | +$417K |
|
2715
Smith Micro Software
SMSI
$14.5M
| $669K | ﹤0.01% |
15,063
+2,553
| +20% | +$121K |
|
2716
Comstock Holding Companies
CHCI
$145M
| $668K | ﹤0.01% |
159,464
+5,800
| +4% | +$24.5K |
|
2717
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.7B
| $668K | ﹤0.01% |
+8,900
| New | +$635K |
|
2718
S&T Bancorp
STBA
$1.84B
| $666K | ﹤0.01% |
24,500
-12,800
| -34% | -$360K |
|
2719
HUTCHMED
HCM
$1.93B
| $665K | ﹤0.01% |
55,452
-93,800
| -63% | -$1.28M |
|
2720
WesBanco
WSBC
$3.97B
| $662K | ﹤0.01% |
+25,862
| New | +$674K |
|
2721
Photronics
PLAB
$1.79B
| $660K | ﹤0.01% |
25,595
-41,300
| -62% | -$766K |
|
2722
AudioCodes
AUDC
$244M
| $659K | ﹤0.01% |
72,197
+60,197
| +502% | +$592K |
|
2723
iShares Global Tech ETF
IXN
$8.32B
| $659K | ﹤0.01% |
+10,600
| New | +$601K |
|
|
LOAN
2724
Manhattan Bridge Capital
LOAN
$47.5M
| $658K | ﹤0.01% |
130,327
+5,799
| +5% | +$28.8K |
|
|
NREF
2725
NexPoint Real Estate Finance
NREF
$320M
| $658K | ﹤0.01% |
42,200
-12,700
| -23% | -$182K |
|
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.