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 |
Chevron
CVX
|
+$317M |
| 2 |
Walmart Inc
WMT
|
+$218M |
| 3 |
Linde
LIN
|
+$174M |
| 4 |
PayPal
PYPL
|
+$133M |
| 5 |
Union Pacific
UNP
|
+$126M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$724M |
| 2 |
Uber
UBER
|
+$527M |
| 3 |
ExxonMobil
XOM
|
+$450M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$365M |
| 5 |
Apple
AAPL
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.8% |
| 2 | Healthcare | 17.12% |
| 3 | Consumer Discretionary | 13.21% |
| 4 | Financials | 8.81% |
| 5 | Consumer Staples | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBIO
2926
Crescent Biopharma
CBIO
$537M
| $425K | ﹤0.01% |
1,417
+173
| +14% | +$51.7K |
|
2927
Willamette Valley Vineyards
WVVI
$12.7M
| $425K | ﹤0.01% |
81,052
-1,900
| -2% | -$9.84K |
|
2928
Intrepid Potash
IPI
$456M
| $424K | ﹤0.01% |
+20,310
| New | +$405K |
|
2929
Turkcell
TKC
$4.68B
| $424K | ﹤0.01% |
81,700
-59,350
| -42% | -$311K |
|
2930
GraniteShares Gold Shares
BAR
$1.36B
| $422K | ﹤0.01% |
19,200
-95,700
| -83% | -$1.96M |
|
2931
Laird Superfood
LSF
$45.8M
| $422K | ﹤0.01% |
175,921
+81,821
| +87% | +$99.6K |
|
2932
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $422K | ﹤0.01% |
+32,700
| New | +$409K |
|
2933
KT
KT
$8.62B
| $421K | ﹤0.01% |
29,993
-34,300
| -53% | -$473K |
|
2934
SmartRent
SMRT
$195M
| $420K | ﹤0.01% |
156,900
+78,900
| +101% | +$228K |
|
|
BZUN
2935
Baozun
BZUN
$167M
| $419K | ﹤0.01% |
182,316
+3,000
| +2% | +$7.19K |
|
|
BLFY
2936
DELISTED
Blue Foundry Bancorp
BLFY
| $418K | ﹤0.01% |
44,700
+7,100
| +19% | +$66.7K |
|
2937
ESS Tech
GWH
$22M
| $418K | ﹤0.01% |
38,560
+6,280
| +19% | +$85.5K |
|
|
CNTB
2938
Connect Biopharma Holdings
CNTB
$127M
| $417K | ﹤0.01% |
239,900
-58,100
| -19% | -$70.6K |
|
|
HEES
2939
DELISTED
H&E Equipment Services
HEES
| $417K | ﹤0.01% |
6,500
-20,400
| -76% | -$1.12M |
|
2940
Nerdy
NRDY
$106M
| $416K | ﹤0.01% |
142,900
-368,700
| -72% | -$1.14M |
|
2941
US Global Investors
GROW
$35.5M
| $414K | ﹤0.01% |
148,930
+26,215
| +21% | +$71.2K |
|
2942
Value Line
VALU
$321M
| $413K | ﹤0.01% |
10,200
-200
| -2% | -$8.57K |
|
2943
Idaho Strategic Resources
IDR
$444M
| $412K | ﹤0.01% |
48,700
+20,900
| +75% | +$148K |
|
2944
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.62B
| $412K | ﹤0.01% |
+8,000
| New | +$411K |
|
|
OPTN
2945
DELISTED
OptiNose
OPTN
| $412K | ﹤0.01% |
18,793
+6,386
| +51% | +$142K |
|
2946
Biglari Holdings Class B
BH
$1.25B
| $411K | ﹤0.01% |
2,166
+120
| +6% | +$20.3K |
|
2947
DocGo
DCGO
$64.3M
| $411K | ﹤0.01% |
101,765
+42,165
| +71% | +$159K |
|
2948
electroCore
ECOR
$54.8M
| $410K | ﹤0.01% |
66,516
+18,100
| +37% | +$122K |
|
2949
CS Disco
LAW
$250M
| $410K | ﹤0.01% |
+50,400
| New | +$387K |
|
2950
Creative Realities
CREX
$41.1M
| $409K | ﹤0.01% |
108,603
+6,233
| +6% | +$20.9K |
|
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Renaissance Technologies's Q1 2024 Portfolio in Review
As of Q1 2024, Renaissance Technologies held 4,246 positions worth $63.6B, down 1.5% from $64.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $5.25B in Q1 2024, closing 582 positions and reducing 1,517 holdings. Its most notable exit was ExxonMobil, an estimated $450M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Chevron worth $331M.
- Renaissance Technologies's largest Q1 2024 buy was Chevron: 2,097,623 shares worth $331M.
- Renaissance Technologies added most to Walmart Inc in Q1 2024, an estimated $218M increase.
- Renaissance Technologies's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $724M.
- Renaissance Technologies fully exited ExxonMobil in Q1 2024, selling an estimated $450M.
- Renaissance Technologies's ten largest holdings make up 12% of its $63.6B portfolio in Q1 2024.
- Renaissance Technologies opened 563 new positions and closed 582 in Q1 2024.
- Renaissance Technologies's portfolio value fell 1.5% quarter-over-quarter to $63.6B.
Based on Renaissance Technologies's 13F filing for Q1 2024, filed 13 May 2024.