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 |
Broadcom
AVGO
|
+$412M |
| 2 |
Advanced Micro Devices
AMD
|
+$294M |
| 3 |
Apple
AAPL
|
+$244M |
| 4 |
Qualcomm
QCOM
|
+$207M |
| 5 |
Pinduoduo
PDD
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$510M |
| 2 |
Uber
UBER
|
+$419M |
| 3 |
Chevron
CVX
|
+$286M |
| 4 |
Meta Platforms (Facebook)
META
|
+$255M |
| 5 |
NVO
Novo Nordisk
NVO
|
+$215M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.64% |
| 2 | Healthcare | 18.28% |
| 3 | Consumer Discretionary | 13.73% |
| 4 | Industrials | 8.66% |
| 5 | Financials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
Invivyd
IVVD
$158M
| $421K | ﹤0.01% |
+382,818
| New | +$846K |
|
2777
Rimini Street
RMNI
$449M
| $419K | ﹤0.01% |
136,530
-187,700
| -58% | -$516K |
|
|
FNA
2778
DELISTED
Paragon 28, Inc.
FNA
| $419K | ﹤0.01% |
+61,200
| New | +$517K |
|
2779
W&T Offshore
WTI
$534M
| $418K | ﹤0.01% |
195,387
-12,346
| -6% | -$28.7K |
|
|
TEAD
2780
Teads Holding Co
TEAD
$68.7M
| $417K | ﹤0.01% |
83,800
+26,500
| +46% | +$118K |
|
2781
Werewolf Therapeutics
HOWL
$17.2M
| $417K | ﹤0.01% |
171,000
+86,800
| +103% | +$417K |
|
2782
Energy Fuels
UUUU
$2.86B
| $415K | ﹤0.01% |
+68,504
| New | +$418K |
|
2783
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$384M
| $413K | ﹤0.01% |
+16,000
| New | +$427K |
|
|
OPOF
2784
DELISTED
Old Point Financial
OPOF
| $413K | ﹤0.01% |
28,129
-206
| -0.7% | -$3.04K |
|
2785
Unifirst Corp
UNF
$5.3B
| $412K | ﹤0.01% |
+2,400
| New | +$387K |
|
2786
BuzzFeed
BZFD
$99M
| $410K | ﹤0.01% |
148,626
+92,951
| +167% | +$196K |
|
|
GHLD
2787
DELISTED
Guild Holdings
GHLD
| $410K | ﹤0.01% |
27,700
+2,100
| +8% | +$30.3K |
|
2788
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $409K | ﹤0.01% |
9,500
+1,200
| +14% | +$51.7K |
|
2789
FreightCar America
RAIL
$261M
| $408K | ﹤0.01% |
116,887
+35,387
| +43% | +$131K |
|
2790
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.6B
| $405K | ﹤0.01% |
+8,800
| New | +$407K |
|
2791
Vanguard Materials ETF
VAW
$2.95B
| $405K | ﹤0.01% |
2,100
+500
| +31% | +$99.3K |
|
2792
NextNav
NN
$1.79B
| $404K | ﹤0.01% |
+49,768
| New | +$393K |
|
|
GVP
2793
DELISTED
GSE Systems, Inc.
GVP
| $402K | ﹤0.01% |
87,409
+5,300
| +6% | +$17.1K |
|
2794
Sanara MedTech
SMTI
$311M
| $398K | ﹤0.01% |
14,100
-800
| -5% | -$25.1K |
|
2795
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $397K | ﹤0.01% |
3,500
-3,800
| -52% | -$433K |
|
|
XYF
2796
X Financial
XYF
$190M
| $397K | ﹤0.01% |
92,075
-600
| -0.6% | -$2.4K |
|
2797
Genasys
GNSS
$76.1M
| $396K | ﹤0.01% |
187,436
-107,100
| -36% | -$217K |
|
2798
ARK Blockchain & Fintech Innovation ETF
ARKF
$710M
| $396K | ﹤0.01% |
14,200
-13,000
| -48% | -$362K |
|
2799
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.9B
| $394K | ﹤0.01% |
9,100
-6,500
| -42% | -$279K |
|
2800
Atara Biotherapeutics
ATRA
$75.5M
| $392K | ﹤0.01% |
46,064
+6,849
| +17% | +$103K |
|
Similar funds
Renaissance Technologies's Q2 2024 Portfolio in Review
As of Q2 2024, Renaissance Technologies held 4,123 positions worth $59B, down 7.3% from $63.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $4.49B in Q2 2024, closing 675 positions and reducing 1,503 holdings. Its most notable exit was Bank of America, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Broadcom worth $472M.
- Renaissance Technologies's largest Q2 2024 buy was Broadcom: 2,941,150 shares worth $472M.
- Renaissance Technologies added most to Apple in Q2 2024, an estimated $244M increase.
- Renaissance Technologies's biggest Q2 2024 reduction was Amazon, cutting an estimated $510M.
- Renaissance Technologies fully exited Bank of America in Q2 2024, selling an estimated $142M.
- Renaissance Technologies's ten largest holdings make up 12% of its $59B portfolio in Q2 2024.
- Renaissance Technologies opened 463 new positions and closed 675 in Q2 2024.
- Renaissance Technologies's portfolio value fell 7.3% quarter-over-quarter to $59B.
Based on Renaissance Technologies's 13F filing for Q2 2024, filed 9 Aug 2024.