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 | |
|---|---|---|---|---|---|---|
|
SEVN
2776
Seven Hills Realty Trust
SEVN
$174M
| $613K | ﹤0.01% |
61,100
+33,455
| +121% | +$353K |
|
2777
National Fuel Gas
NFG
$7.87B
| $612K | ﹤0.01% |
10,600
+4,500
| +74% | +$261K |
|
|
SRCL
2778
DELISTED
Stericycle Inc
SRCL
| $611K | ﹤0.01% |
14,020
-20,500
| -59% | -$1.01M |
|
2779
CleanSpark
CLSK
$3.75B
| $608K | ﹤0.01% |
218,786
-1,741,030
| -89% | -$4.78M |
|
|
ABST
2780
DELISTED
Absolute Software Corp
ABST
| $607K | ﹤0.01% |
77,500
-40,300
| -34% | -$394K |
|
2781
Third Coast Bancshares
TCBX
$735M
| $606K | ﹤0.01% |
38,600
+2,800
| +8% | +$50.2K |
|
2782
Silicom
SILC
$234M
| $604K | ﹤0.01% |
16,126
+6,323
| +65% | +$257K |
|
|
YELL
2783
DELISTED
Yellow Corporation Common Stock
YELL
| $602K | ﹤0.01% |
+296,690
| New | +$791K |
|
|
RBOT
2784
DELISTED
Vicarious Surgical
RBOT
| $600K | ﹤0.01% |
8,813
+7,380
| +515% | +$574K |
|
2785
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.94B
| $598K | ﹤0.01% |
32,588
-57,212
| -64% | -$1.06M |
|
|
SMLR
2786
DELISTED
Semler Scientific
SMLR
| $598K | ﹤0.01% |
22,300
-1,400
| -6% | -$39.2K |
|
2787
Sutro Biopharma
STRO
$405M
| $598K | ﹤0.01% |
12,940
+9,950
| +333% | +$631K |
|
2788
Evolv Technologies
EVLV
$1.02B
| $595K | ﹤0.01% |
+190,800
| New | +$545K |
|
|
PDS
2789
Precision Drilling
PDS
$995M
| $595K | ﹤0.01% |
11,595
-49,100
| -81% | -$3.18M |
|
2790
Spero Therapeutics
SPRO
$68.3M
| $595K | ﹤0.01% |
410,300
+67,400
| +20% | +$113K |
|
|
LMST
2791
DELISTED
Limestone Bancorp, Inc. Common Stock
LMST
| $593K | ﹤0.01% |
26,600
-700
| -3% | -$17.7K |
|
2792
Dare Bioscience
DARE
$19.3M
| $592K | ﹤0.01% |
47,422
+5,698
| +14% | +$75.6K |
|
2793
Aquestive Therapeutics
AQST
$474M
| $591K | ﹤0.01% |
518,800
+56,063
| +12% | +$48.6K |
|
2794
Design Therapeutics
DSGN
$787M
| $587K | ﹤0.01% |
+101,751
| New | +$761K |
|
|
IGMS
2795
DELISTED
IGM Biosciences
IGMS
| $587K | ﹤0.01% |
42,700
-50,100
| -54% | -$1.04M |
|
2796
OFG Bancorp
OFG
$2.25B
| $586K | ﹤0.01% |
23,500
-39,900
| -63% | -$1.12M |
|
2797
WPP
WPP
$4.39B
| $583K | ﹤0.01% |
+9,800
| New | +$574K |
|
2798
Global X Cybersecurity ETF
BUG
$1.37B
| $582K | ﹤0.01% |
24,802
-9,211
| -27% | -$204K |
|
|
FREE
2799
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $582K | ﹤0.01% |
227,252
+44,852
| +25% | +$153K |
|
|
LIAN
2800
DELISTED
LianBio American Depositary Shares
LIAN
| $581K | ﹤0.01% |
296,200
+5,578
| +2% | +$11.6K |
|
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.