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 |
FRC
First Republic Bank
FRC
|
+$734M |
| 2 |
Boeing
BA
|
+$493M |
| 3 |
Pfizer
PFE
|
+$478M |
| 4 |
UnitedHealth
UNH
|
+$440M |
| 5 |
Honeywell
HON
|
+$364M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.05B |
| 2 |
Advanced Micro Devices
AMD
|
+$447M |
| 3 |
TSMC
TSM
|
+$441M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 5 |
ExxonMobil
XOM
|
+$321M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.34% |
| 2 | Technology | 16.84% |
| 3 | Consumer Discretionary | 12.66% |
| 4 | Industrials | 10.11% |
| 5 | Consumer Staples | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
YMAB
2951
DELISTED
Y-mAbs Therapeutics
YMAB
| $438K | ﹤0.01% |
87,400
+33,900
| +63% | +$138K |
|
|
CEPU
2952
Central Puerto
CEPU
$2.29B
| $435K | ﹤0.01% |
80,316
+34,616
| +76% | +$206K |
|
2953
iShares MSCI South Africa ETF
EZA
$547M
| $435K | ﹤0.01% |
10,300
-7,428
| -42% | -$321K |
|
2954
Urban Edge Properties
UE
$2.86B
| $435K | ﹤0.01% |
28,900
-35,400
| -55% | -$533K |
|
2955
Comscore
SCOR
$106M
| $434K | ﹤0.01% |
17,632
+1,614
| +10% | +$39.2K |
|
2956
Kaltura
KLTR
$206M
| $433K | ﹤0.01% |
225,600
+11,100
| +5% | +$21.8K |
|
|
ICD
2957
DELISTED
Independence Contract Drilling, Inc.
ICD
| $433K | ﹤0.01% |
132,768
-31,697
| -19% | -$122K |
|
|
PPLT
2958
abrdn Physical Platinum Shares ETF
PPLT
$1.9B
| $432K | ﹤0.01% |
+47,000
| New | +$432K |
|
2959
Enerpac Tool Group
EPAC
$1.83B
| $431K | ﹤0.01% |
16,900
-71,400
| -81% | -$1.88M |
|
2960
Haemonetics
HAE
$3.89B
| $430K | ﹤0.01% |
5,200
+2,000
| +63% | +$162K |
|
2961
Mustang Bio
MBIO
$4.32M
| $430K | ﹤0.01% |
1,565
-410
| -21% | -$168K |
|
2962
FTAI Infrastructure
FIP
$441M
| $428K | ﹤0.01% |
142,700
+77,600
| +119% | +$236K |
|
2963
Astec Industries
ASTE
$1.16B
| $427K | ﹤0.01% |
+10,345
| New | +$437K |
|
2964
Direxion Daily S&P 500 High Beta Bear 3X ETF
HIBS
$26M
| $425K | ﹤0.01% |
+863
| New | +$454K |
|
2965
Vanguard Communication Services ETF
VOX
$5.59B
| $425K | ﹤0.01% |
4,400
-20,100
| -82% | -$1.85M |
|
2966
Tredegar Corp
TG
$265M
| $424K | ﹤0.01% |
46,400
-9,400
| -17% | -$104K |
|
2967
Regis Corp
RGS
$68.4M
| $423K | ﹤0.01% |
19,065
+14,520
| +319% | +$401K |
|
|
DOMA
2968
DELISTED
Doma Holdings, Inc.
DOMA
| $422K | ﹤0.01% |
41,460
+3,436
| +9% | +$46.2K |
|
2969
Emerson Radio
MSN
$7.79M
| $420K | ﹤0.01% |
776,388
-11,900
| -2% | -$6.71K |
|
2970
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $419K | ﹤0.01% |
+8,000
| New | +$410K |
|
|
EIGR
2971
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $419K | ﹤0.01% |
15,589
+5,346
| +52% | +$249K |
|
|
OCFT
2972
DELISTED
OneConnect Financial Technology
OCFT
| $416K | ﹤0.01% |
78,160
+100
| +0.1% | +$674 |
|
2973
Urban One Class A
UONE
$22.8M
| $416K | ﹤0.01% |
5,509
+279
| +5% | +$18.3K |
|
|
FRBK
2974
DELISTED
Republic First Bancorp Inc
FRBK
| $416K | ﹤0.01% |
305,646
-163,700
| -35% | -$321K |
|
2975
Cemex
CX
$17.1B
| $415K | ﹤0.01% |
75,093
-779,200
| -91% | -$3.96M |
|
Similar funds
Renaissance Technologies's Q1 2023 Portfolio in Review
As of Q1 2023, Renaissance Technologies held 4,600 positions worth $75.4B, up 3.1% from $73.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q1 2023 filing shows 524 new, 1,665 increased, 1,689 reduced and 668 closed positions. Its largest new stake was Honeywell: 1,937,917 shares worth $349M. The largest sale was Apple, an estimated $1.05B.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, down from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
- Renaissance Technologies's largest Q1 2023 buy was Honeywell: 1,937,917 shares worth $349M.
- Renaissance Technologies added most to First Republic Bank in Q1 2023, an estimated $734M increase.
- Renaissance Technologies's biggest Q1 2023 reduction was Apple, cutting an estimated $1.05B.
- Renaissance Technologies fully exited Advanced Micro Devices in Q1 2023, selling an estimated $447M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.4B portfolio in Q1 2023.
- Renaissance Technologies opened 524 new positions and closed 668 in Q1 2023.
- Renaissance Technologies's portfolio value rose 3.1% quarter-over-quarter to $75.4B.
Based on Renaissance Technologies's 13F filing for Q1 2023, filed 12 May 2023.