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 | |
|---|---|---|---|---|---|---|
251
Nomad Foods
NOMD
$1.73B
| $73.4M | 0.1% |
3,914,679
-340,900
| -8% | -$6.02M |
|
252
Bath & Body Works
BBWI
$4.02B
| $72.6M | 0.1% |
1,985,833
+21,400
| +1% | +$896K |
|
253
Pool Corp
POOL
$6.95B
| $72.4M | 0.1% |
211,436
-151,300
| -42% | -$53.7M |
|
254
Carrier Global
CARR
$50.6B
| $72.1M | 0.1% |
1,575,431
-1,877,800
| -54% | -$84M |
|
255
United Parks & Resorts
PRKS
$2.15B
| $70M | 0.09% |
1,142,000
-151,500
| -12% | -$9.25M |
|
256
Canadian National Railway
CNI
$76.9B
| $69.7M | 0.09% |
590,600
+249,900
| +73% | +$29.5M |
|
257
PENN Entertainment
PENN
$2.75B
| $69.7M | 0.09% |
2,348,838
-351,500
| -13% | -$10.9M |
|
258
Clean Harbors
CLH
$16.8B
| $69.5M | 0.09% |
487,635
-43,200
| -8% | -$5.63M |
|
259
Stellantis
STLA
$17B
| $69.2M | 0.09% |
3,805,762
-3,119,811
| -45% | -$52.1M |
|
260
Nu Holdings
NU
$70B
| $69.1M | 0.09% |
14,523,706
+6,722,206
| +86% | +$30M |
|
261
Restaurant Brands International
QSR
$25.8B
| $69M | 0.09% |
1,028,487
-167,500
| -14% | -$10.9M |
|
262
Nasdaq
NDAQ
$53.2B
| $69M | 0.09% |
+1,261,400
| New | +$72.9M |
|
263
Consolidated Edison
ED
$40.4B
| $68.6M | 0.09% |
717,564
-12,000
| -2% | -$1.12M |
|
|
264
ExxonMobil
XOM
$651B
| $68.4M | 0.09% |
623,687
-2,903,770
| -82% | -$321M |
|
265
Hewlett Packard
HPE
$62.4B
| $68.1M | 0.09% |
4,273,700
+2,816,100
| +193% | +$44.2M |
|
266
Shutterstock
SSTK
$198M
| $67.8M | 0.09% |
933,401
+96,800
| +12% | +$6.77M |
|
267
Medifast
MED
$110M
| $67.5M | 0.09% |
651,010
+18,900
| +3% | +$2.09M |
|
268
Ecolab
ECL
$78.6B
| $67.3M | 0.09% |
406,697
+255,500
| +169% | +$39.8M |
|
|
PINC
269
DELISTED
Premier
PINC
| $67.2M | 0.09% |
2,076,389
-71,800
| -3% | -$2.35M |
|
270
Old Dominion Freight Line
ODFL
$44.2B
| $66.8M | 0.09% |
392,224
+295,716
| +306% | +$49.5M |
|
|
WNS
271
DELISTED
WNS Holdings
WNS
| $66.8M | 0.09% |
716,600
-77,300
| -10% | -$6.73M |
|
272
PLDT
PHI
$4.26B
| $66.5M | 0.09% |
2,632,961
-45,600
| -2% | -$1.13M |
|
273
Tencent Music
TME
$15.5B
| $66M | 0.09% |
7,973,690
+1,172,300
| +17% | +$9.59M |
|
274
Allegion
ALLE
$13.4B
| $65.8M | 0.09% |
616,605
+303,005
| +97% | +$34M |
|
275
Dollar Tree
DLTR
$24.7B
| $65.5M | 0.09% |
+456,503
| New | +$66.2M |
|
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.