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 | |
|---|---|---|---|---|---|---|
|
ARCH
501
DELISTED
Arch Resources, Inc.
ARCH
| $27.4M | 0.04% |
170,446
+45,900
| +37% | +$7.84M |
|
502
McCormick & Company Non-Voting
MKC
$13.7B
| $27.4M | 0.04% |
356,100
+195,600
| +122% | +$13.3M |
|
503
Invesco Short Term Treasury ETF
TBLL
$2.61B
| $27.1M | 0.04% |
256,900
-6,800
| -3% | -$718K |
|
504
Commerce Bancshares
CBSH
$8.53B
| $27.1M | 0.04% |
561,126
+104,958
| +23% | +$4.98M |
|
505
Keysight
KEYS
$54.5B
| $27.1M | 0.04% |
+173,100
| New | +$26.6M |
|
506
First Trust Preferred Securities and Income ETF
FPE
$6.32B
| $27M | 0.04% |
1,559,808
-580,292
| -27% | -$9.92M |
|
507
Ezcorp Inc
EZPW
$1.83B
| $26.7M | 0.04% |
2,358,066
+471,900
| +25% | +$4.65M |
|
|
BCPC
508
Balchem Corp
BCPC
$5.38B
| $26.6M | 0.04% |
171,500
-10,600
| -6% | -$1.57M |
|
509
Liberty Global Class C
LBTYK
$3.53B
| $26.6M | 0.04% |
1,505,200
-184,700
| -11% | -$3.55M |
|
510
Evertec
EVTC
$1.88B
| $26.6M | 0.04% |
665,426
-129,300
| -16% | -$5.1M |
|
511
Liberty Media Series C
FWONK
$24.6B
| $26.5M | 0.04% |
403,579
+16,700
| +4% | +$1.12M |
|
512
Quest Diagnostics
DGX
$25.7B
| $26.5M | 0.04% |
198,863
-288,600
| -59% | -$37.4M |
|
|
WNS
513
DELISTED
WNS Holdings
WNS
| $26.4M | 0.04% |
523,400
-7,900
| -1% | -$476K |
|
514
Merck
MRK
$322B
| $26.4M | 0.04% |
200,202
+80,378
| +67% | +$9.91M |
|
515
Crown Castle
CCI
$33.3B
| $26.4M | 0.04% |
+249,003
| New | +$27.1M |
|
|
CSGS
516
DELISTED
CSG Systems International
CSGS
| $26.3M | 0.04% |
511,034
-184,400
| -27% | -$9.58M |
|
517
Perrigo
PRGO
$1.4B
| $26.3M | 0.04% |
817,818
+46,008
| +6% | +$1.45M |
|
518
Amphastar Pharmaceuticals
AMPH
$879M
| $26.3M | 0.04% |
599,100
-42,800
| -7% | -$2.21M |
|
519
Post Holdings
POST
$4.14B
| $26.3M | 0.04% |
247,500
-8,600
| -3% | -$862K |
|
520
Trade Desk
TTD
$8.48B
| $26.2M | 0.04% |
+299,800
| New | +$22.7M |
|
521
Boston Beer
SAM
$1.91B
| $26M | 0.04% |
85,500
+40,000
| +88% | +$13.3M |
|
522
Prestige Consumer Healthcare
PBH
$2.38B
| $26M | 0.04% |
358,702
+4,700
| +1% | +$314K |
|
523
LegalZoom.com
LZ
$1.35B
| $26M | 0.04% |
1,945,733
-443,400
| -19% | -$5.11M |
|
524
GitLab
GTLB
$5.83B
| $25.8M | 0.04% |
442,870
-289,700
| -40% | -$19M |
|
525
DTE Energy
DTE
$29.5B
| $25.7M | 0.04% |
229,400
+81,600
| +55% | +$8.8M |
|
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.