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 | |
|---|---|---|---|---|---|---|
2876
Nautilus Biotechnolgy
NAUT
$124M
| $328K | ﹤0.01% |
140,100
+14,100
| +11% | +$36.8K |
|
|
MRDN
2877
Meridian Holdings Inc
MRDN
$143M
| $326K | ﹤0.01% |
10,992
+9,575
| +676% | +$439K |
|
|
KE
2878
Kimball Electronics
KE
$595M
| $325K | ﹤0.01% |
+14,800
| New | +$323K |
|
2879
First Trust Cloud Computing ETF
SKYY
$2.92B
| $325K | ﹤0.01% |
+3,400
| New | +$316K |
|
|
SSKN
2880
DELISTED
Strata Skin Sciences
SSKN
| $324K | ﹤0.01% |
105,621
-664
| -0.6% | -$2.69K |
|
|
VCSA
2881
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $324K | ﹤0.01% |
66,454
+19,500
| +42% | +$107K |
|
2882
Immunic
IMUX
$190M
| $323K | ﹤0.01% |
29,109
-45,618
| -61% | -$567K |
|
|
CNTB
2883
Connect Biopharma Holdings
CNTB
$127M
| $323K | ﹤0.01% |
212,300
-27,600
| -12% | -$45.4K |
|
2884
Pyxis Oncology
PYXS
$168M
| $321K | ﹤0.01% |
96,936
-51,064
| -35% | -$215K |
|
2885
Global X MLP ETF
MLPA
$2.3B
| $320K | ﹤0.01% |
6,600
-40,500
| -86% | -$1.92M |
|
2886
Biglari Holdings Class A
BH.A
$1.25B
| $319K | ﹤0.01% |
350
+10
| +3% | +$9.75K |
|
2887
GEN Restaurant Group
GENK
$10.9M
| $319K | ﹤0.01% |
35,199
+16,299
| +86% | +$171K |
|
2888
Skillsoft
SKIL
$63.7M
| $317K | ﹤0.01% |
22,909
+3,900
| +21% | +$34.7K |
|
2889
Acrivon Therapeutics
ACRV
$64.2M
| $316K | ﹤0.01% |
54,500
-48,100
| -47% | -$387K |
|
2890
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.68B
| $316K | ﹤0.01% |
3,900
-2,400
| -38% | -$191K |
|
2891
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$3.98B
| $316K | ﹤0.01% |
+7,000
| New | +$287K |
|
2892
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.62B
| $315K | ﹤0.01% |
6,300
-1,700
| -21% | -$85K |
|
2893
Willamette Valley Vineyards
WVVI
$12.7M
| $314K | ﹤0.01% |
79,952
-1,100
| -1% | -$4.72K |
|
2894
Protara Therapeutics
TARA
$220M
| $313K | ﹤0.01% |
150,400
+65,800
| +78% | +$192K |
|
2895
GrafTech
EAF
$175M
| $313K | ﹤0.01% |
32,226
-35,384
| -52% | -$544K |
|
|
NEUE
2896
DELISTED
NeueHealth
NEUE
| $312K | ﹤0.01% |
57,363
| – | – |
|
2897
Petrobras
PBR
$125B
| $312K | ﹤0.01% |
21,500
-508,000
| -96% | -$7.9M |
|
2898
Bluerock Homes Trust
BHM
$35.3M
| $312K | ﹤0.01% |
17,800
+400
| +2% | +$6.83K |
|
2899
Toro Corp
TORO
$179M
| $311K | ﹤0.01% |
77,659
+9,459
| +14% | +$41.5K |
|
2900
Performance Shipping
PSHG
$21.6M
| $307K | ﹤0.01% |
142,284
+89,109
| +168% | +$193K |
|
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.