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 | |
|---|---|---|---|---|---|---|
|
OBE
3351
Obsidian Energy
OBE
$716M
| $160K | ﹤0.01% |
25,072
-379,800
| -94% | -$2.47M |
|
3352
One Stop Systems
OSS
$303M
| $160K | ﹤0.01% |
64,514
+2,201
| +4% | +$6.62K |
|
3353
Research Solutions
RSSS
$73.6M
| $160K | ﹤0.01% |
79,418
+5,983
| +8% | +$12.5K |
|
3354
Aterian
ATER
$4.45M
| $159K | ﹤0.01% |
+15,401
| New | +$206K |
|
3355
United States Antimony
UAMY
$751M
| $159K | ﹤0.01% |
421,579
+77,110
| +22% | +$31.6K |
|
|
IHT
3356
InnSuites Hospitality Trust
IHT
$16.1M
| $158K | ﹤0.01% |
115,000
-2,000
| -2% | -$3.28K |
|
3357
USCB Financial Holdings
USCB
$406M
| $158K | ﹤0.01% |
16,000
+1,200
| +8% | +$14.4K |
|
|
IMBI
3358
DELISTED
iMedia Brands, Inc. Class A Common Stock
IMBI
| $157K | ﹤0.01% |
307,448
-5,300
| -2% | -$3.65K |
|
3359
EverCommerce
EVCM
$2.18B
| $156K | ﹤0.01% |
14,700
-4,200
| -22% | -$40.6K |
|
|
ONCY
3360
Oncolytics Biotech
ONCY
$89.9M
| $156K | ﹤0.01% |
129,856
+17,256
| +15% | +$27.1K |
|
|
GPMT
3361
Granite Point Mortgage Trust
GPMT
$69M
| $155K | ﹤0.01% |
+31,198
| New | +$182K |
|
|
VIP
3362
Vulcan Infrastructure and Power Inc. Class A Common Stock
VIP
$38.1M
| $155K | ﹤0.01% |
34,383
-1,262
| -4% | -$7.63K |
|
|
CYPH
3363
Cypherpunk Technologies Inc
CYPH
$62.9M
| $155K | ﹤0.01% |
45,520
-47,050
| -51% | -$247K |
|
|
PET
3364
DELISTED
Wag!
PET
| $155K | ﹤0.01% |
+69,066
| New | +$171K |
|
|
AIOS
3365
AIOS Tech
AIOS
$38.4M
| $154K | ﹤0.01% |
1,611
+52
| +3% | +$5.74K |
|
3366
Vor Biopharma
VOR
$1.15B
| $153K | ﹤0.01% |
1,420
-878
| -38% | -$97.3K |
|
|
OKUR
3367
OnKure Therapeutics
OKUR
$154M
| $153K | ﹤0.01% |
2,560
-1,160
| -31% | -$42K |
|
3368
Acumen Pharmaceuticals
ABOS
$155M
| $152K | ﹤0.01% |
37,445
+5,145
| +16% | +$26.9K |
|
|
FPAY
3369
DELISTED
FlexShopper
FPAY
| $152K | ﹤0.01% |
179,280
-45,181
| -20% | -$46.3K |
|
|
ITRG
3370
Integra Resources
ITRG
$424M
| $152K | ﹤0.01% |
111,240
+8,000
| +8% | +$12.1K |
|
|
CYAN
3371
DELISTED
Cyanotech Corp
CYAN
| $151K | ﹤0.01% |
172,109
-16,300
| -9% | -$18.8K |
|
3372
Fathom Holdings
FTHM
$26.4M
| $150K | ﹤0.01% |
35,400
+1,400
| +4% | +$7.21K |
|
3373
McEwen Inc
MUX
$1.03B
| $150K | ﹤0.01% |
17,740
-64,530
| -78% | -$446K |
|
3374
OptimumBank Holdings
OPHC
$93.2M
| $150K | ﹤0.01% |
45,200
-17,690
| -28% | -$68K |
|
3375
Intellicheck
IDN
$73.1M
| $148K | ﹤0.01% |
59,200
+5,500
| +10% | +$13.6K |
|
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.