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 | |
|---|---|---|---|---|---|---|
2851
Eton Pharmaceutcials
ETON
$1.27B
| $350K | ﹤0.01% |
106,500
+41,469
| +64% | +$145K |
|
2852
Invesco S&P 500 Pure Value ETF
RPV
$1.65B
| $350K | ﹤0.01% |
4,200
-28,600
| -87% | -$2.43M |
|
2853
Cardiff Oncology
CRDF
$66.5M
| $350K | ﹤0.01% |
157,490
+71,390
| +83% | +$269K |
|
2854
State Street SPDR S&P Semiconductor ETF
XSD
$2.72B
| $346K | ﹤0.01% |
1,400
+200
| +17% | +$47K |
|
|
SDPI
2855
DELISTED
Superior Drilling Products Inc.
SDPI
| $346K | ﹤0.01% |
266,325
-48,669
| -15% | -$59.1K |
|
2856
Traeger
COOK
$178M
| $345K | ﹤0.01% |
+2,875
| New | +$332K |
|
2857
E.W. Scripps
SSP
$257M
| $344K | ﹤0.01% |
109,483
-232,100
| -68% | -$735K |
|
2858
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.15B
| $344K | ﹤0.01% |
3,500
+1,300
| +59% | +$128K |
|
|
CMBM
2859
DELISTED
Cambium Networks
CMBM
| $341K | ﹤0.01% |
122,400
-24,000
| -16% | -$84.2K |
|
2860
Vanguard Global ex-US Real Estate ETF
VNQI
$3.52B
| $341K | ﹤0.01% |
8,400
-9,700
| -54% | -$401K |
|
2861
Unity Bancorp
UNTY
$591M
| $340K | ﹤0.01% |
11,500
-100
| -0.9% | -$2.7K |
|
2862
UTStarcom
UTSI
$23.5M
| $339K | ﹤0.01% |
123,329
-13,300
| -10% | -$35.8K |
|
2863
RAVE Restaurant Group
RAVE
$44.8M
| $339K | ﹤0.01% |
171,003
-50,019
| -23% | -$99K |
|
2864
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.85B
| $335K | ﹤0.01% |
+4,000
| New | +$339K |
|
|
LND
2865
BrasilAgro
LND
$374M
| $335K | ﹤0.01% |
72,735
+8,235
| +13% | +$40.2K |
|
2866
iShares MSCI Mexico ETF
EWW
$1.92B
| $334K | ﹤0.01% |
5,898
-55,700
| -90% | -$3.58M |
|
|
DENN
2867
DELISTED
Denny's
DENN
| $333K | ﹤0.01% |
46,923
-93,200
| -67% | -$719K |
|
2868
Oric Pharmaceuticals
ORIC
$1.15B
| $332K | ﹤0.01% |
47,000
-63,900
| -58% | -$572K |
|
2869
Verrica Pharmaceuticals
VRCA
$89.7M
| $332K | ﹤0.01% |
+4,553
| New | +$350K |
|
|
DOMA
2870
DELISTED
Doma Holdings, Inc.
DOMA
| $330K | ﹤0.01% |
54,407
+9,600
| +21% | +$57.8K |
|
|
AOMR
2871
Angel Oak Mortgage REIT
AOMR
$220M
| $330K | ﹤0.01% |
25,200
+4,400
| +21% | +$51.3K |
|
2872
Schwab Fundamental US Small Company Index ETF
FNDA
$9.12B
| $330K | ﹤0.01% |
12,000
-9,000
| -43% | -$248K |
|
2873
Hancock Whitney
HWC
$6.2B
| $329K | ﹤0.01% |
6,873
-35,500
| -84% | -$1.62M |
|
2874
US Global Jets ETF
JETS
$776M
| $328K | ﹤0.01% |
+16,700
| New | +$337K |
|
2875
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.72B
| $328K | ﹤0.01% |
+11,100
| New | +$322K |
|
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.