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 | |
|---|---|---|---|---|---|---|
|
JFIN
3126
Jiayin Group
JFIN
$113M
| $270K | ﹤0.01% |
41,400
-6,701
| -14% | -$39.8K |
|
3127
Ocular Therapeutix
OCUL
$1.79B
| $270K | ﹤0.01% |
+29,700
| New | +$211K |
|
|
TRTX
3128
TPG RE Finance Trust
TRTX
$612M
| $269K | ﹤0.01% |
34,894
-39,800
| -53% | -$265K |
|
3129
Xilio Therapeutics
XLO
$59.9M
| $269K | ﹤0.01% |
17,818
+2,839
| +19% | +$27.4K |
|
3130
Telesat
TSAT
$567M
| $268K | ﹤0.01% |
31,500
-16,682
| -35% | -$158K |
|
3131
Direxion Daily Dow Jones Internet Bear 3X ETF
WEBS
$7.64M
| $266K | ﹤0.01% |
4,240
+2,460
| +138% | +$177K |
|
3132
Enlivex Ltd
ENLV
$35.2M
| $265K | ﹤0.01% |
4,659
+520
| +13% | +$25.4K |
|
|
VRE
3133
DELISTED
Veris Residential
VRE
| $265K | ﹤0.01% |
17,400
-195,712
| -92% | -$2.96M |
|
|
BWIN
3134
Baldwin Insurance Group
BWIN
$2.69B
| $262K | ﹤0.01% |
+9,060
| New | +$238K |
|
|
PVLA
3135
Palvella Therapeutics
PVLA
$1.99B
| $262K | ﹤0.01% |
17,870
+4,557
| +34% | +$63.5K |
|
3136
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.26B
| $261K | ﹤0.01% |
+2,000
| New | +$250K |
|
3137
iShares US Transportation ETF
IYT
$2.26B
| $260K | ﹤0.01% |
+3,700
| New | +$250K |
|
3138
ADS-TEC Energy
ADSE
$968M
| $258K | ﹤0.01% |
+24,600
| New | +$217K |
|
3139
First Trust Natural Gas ETF
FCG
$647M
| $258K | ﹤0.01% |
9,400
-6,300
| -40% | -$154K |
|
3140
Stoke Therapeutics
STOK
$1.8B
| $258K | ﹤0.01% |
+19,100
| New | +$116K |
|
|
VOXR
3141
Vox Royalty Corp
VOXR
$300M
| $258K | ﹤0.01% |
125,181
+18,114
| +17% | +$35.1K |
|
|
MKFG
3142
DELISTED
Markforged Holding Corporation
MKFG
| $258K | ﹤0.01% |
30,815
-6,195
| -17% | -$44.4K |
|
|
SKX
3143
DELISTED
Skechers
SKX
| $257K | ﹤0.01% |
4,200
-47,100
| -92% | -$2.87M |
|
3144
Custom Truck One Source
CTOS
$2.31B
| $256K | ﹤0.01% |
44,000
-193,300
| -81% | -$1.2M |
|
3145
CEL-SCI Corp
CVM
$20.3M
| $256K | ﹤0.01% |
4,460
+3,137
| +237% | +$222K |
|
3146
Kopin
KOPN
$652M
| $256K | ﹤0.01% |
142,329
-82,373
| -37% | -$183K |
|
3147
Optical Cable Corp
OCC
$131M
| $256K | ﹤0.01% |
90,603
-1,900
| -2% | -$5.35K |
|
|
BLDP
3148
Ballard Power Systems
BLDP
$805M
| $255K | ﹤0.01% |
+91,586
| New | +$288K |
|
3149
Home BancShares
HOMB
$6.23B
| $254K | ﹤0.01% |
+10,339
| New | +$246K |
|
3150
Butterfly Network
BFLY
$1.89B
| $253K | ﹤0.01% |
234,156
+173,556
| +286% | +$186K |
|
Similar funds
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.