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 | |
|---|---|---|---|---|---|---|
2776
RLJ Lodging Trust
RLJ
$1.86B
| $591K | ﹤0.01% |
57,532
-209,068
| -78% | -$2.17M |
|
|
CONN
2777
DELISTED
Conn's Inc.
CONN
| $591K | ﹤0.01% |
159,812
+145,739
| +1,036% | +$660K |
|
2778
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.19B
| $590K | ﹤0.01% |
+8,900
| New | +$573K |
|
2779
Ark Restaurants
ARKR
| $590K | ﹤0.01% |
31,911
-4,900
| -13% | -$87.8K |
|
2780
Vanguard Total International Stock ETF
VXUS
$155B
| $589K | ﹤0.01% |
10,500
-16,400
| -61% | -$917K |
|
2781
World Acceptance Corp
WRLD
$838M
| $589K | ﹤0.01% |
4,398
-16,327
| -79% | -$1.76M |
|
|
CBD
2782
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $589K | ﹤0.01% |
153,100
-190,600
| -55% | -$622K |
|
2783
iShares Russell Top 200 Value ETF
IWX
$3.98B
| $587K | ﹤0.01% |
+8,700
| New | +$572K |
|
|
OGI
2784
Organigram Holdings
OGI
$132M
| $587K | ﹤0.01% |
376,375
+22,500
| +6% | +$43.4K |
|
2785
Stock Yards Bancorp
SYBT
$2.64B
| $587K | ﹤0.01% |
12,940
+8,850
| +216% | +$414K |
|
|
BFX
2786
DELISTED
BowFlex Inc.
BFX
| $583K | ﹤0.01% |
477,500
+12,500
| +3% | +$15.9K |
|
|
EEX
2787
DELISTED
Emerald Holding
EEX
| $581K | ﹤0.01% |
141,657
+18,985
| +15% | +$71.7K |
|
2788
Inspired Entertainment
INSE
$184M
| $581K | ﹤0.01% |
+39,500
| New | +$534K |
|
2789
Nuvectis Pharma
NVCT
$678M
| $581K | ﹤0.01% |
+36,400
| New | +$581K |
|
2790
Tiptree Inc
TIPT
$662M
| $581K | ﹤0.01% |
38,700
+100
| +0.3% | +$1.39K |
|
|
NEUE
2791
DELISTED
NeueHealth
NEUE
| $580K | ﹤0.01% |
47,463
+1,065
| +2% | +$14.1K |
|
2792
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $579K | ﹤0.01% |
+14,900
| New | +$554K |
|
|
VXRT
2793
DELISTED
Vaxart
VXRT
| $578K | ﹤0.01% |
792,005
+735,548
| +1,303% | +$684K |
|
2794
Citi Trends
CTRN
$555M
| $577K | ﹤0.01% |
32,657
-11,000
| -25% | -$190K |
|
2795
iShares Fallen Angels USD Bond ETF
FALN
$1.63B
| $576K | ﹤0.01% |
+22,700
| New | +$568K |
|
2796
FRP Holdings
FRPH
$428M
| $576K | ﹤0.01% |
20,000
+6,000
| +43% | +$172K |
|
2797
Ohio Valley Banc Corp
OVBC
$198M
| $576K | ﹤0.01% |
23,275
-1,400
| -6% | -$34.1K |
|
2798
Kaltura
KLTR
$206M
| $575K | ﹤0.01% |
271,100
+45,500
| +20% | +$84.5K |
|
2799
Spire Global
SPIR
$444M
| $575K | ﹤0.01% |
139,493
+124,855
| +853% | +$665K |
|
2800
Rocket Pharmaceuticals
RCKT
$340M
| $574K | ﹤0.01% |
28,874
-84,500
| -75% | -$1.71M |
|
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.