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 | |
|---|---|---|---|---|---|---|
1026
Sysco
SYY
$40.8B
| $9.34M | 0.01% |
115,100
-1,051,800
| -90% | -$82.9M |
|
1027
Camden National
CAC
$978M
| $9.34M | 0.01% |
278,600
+5,851
| +2% | +$198K |
|
1028
Murphy Oil
MUR
$5.7B
| $9.32M | 0.01% |
204,000
-40,100
| -16% | -$1.62M |
|
1029
Helmerich & Payne
HP
$3.45B
| $9.32M | 0.01% |
221,501
-322,400
| -59% | -$12.2M |
|
|
ML
1030
DELISTED
MoneyLion Inc.
ML
| $9.3M | 0.01% |
130,429
+64,566
| +98% | +$3.62M |
|
1031
Enovis
ENOV
$1.68B
| $9.3M | 0.01% |
148,867
+41,700
| +39% | +$2.5M |
|
1032
Northeast Bank
NBN
$1.06B
| $9.24M | 0.01% |
167,045
+6,061
| +4% | +$324K |
|
1033
Braze
BRZE
$2.81B
| $9.24M | 0.01% |
208,600
+46,300
| +29% | +$2.5M |
|
1034
Cadre Holdings
CDRE
$1.32B
| $9.23M | 0.01% |
255,100
+75,400
| +42% | +$2.63M |
|
1035
Genie Energy
GNE
$367M
| $9.21M | 0.01% |
610,861
+50,176
| +9% | +$964K |
|
1036
Owens Corning
OC
$11.2B
| $9.21M | 0.01% |
55,200
-44,800
| -45% | -$6.83M |
|
1037
Enanta Pharmaceuticals
ENTA
$366M
| $9.19M | 0.01% |
526,100
-32,400
| -6% | -$429K |
|
1038
Puma Biotechnology
PBYI
$404M
| $9.17M | 0.01% |
1,729,413
+56,200
| +3% | +$303K |
|
|
MCBC
1039
DELISTED
Macatawa Bank Corp
MCBC
| $9.16M | 0.01% |
935,953
+29,994
| +3% | +$307K |
|
1040
Graham Corp
GHM
$1.12B
| $9.14M | 0.01% |
335,068
-33,700
| -9% | -$755K |
|
|
EGLE
1041
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $9.11M | 0.01% |
145,800
-26,000
| -15% | -$1.52M |
|
1042
Southwest Airlines
LUV
$22B
| $9.09M | 0.01% |
+311,380
| New | +$9.64M |
|
1043
Clover Health Investments
CLOV
$2.2B
| $9.05M | 0.01% |
11,396,600
-1,190,100
| -9% | -$1.08M |
|
1044
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $9.05M | 0.01% |
215,900
-24,200
| -10% | -$1.02M |
|
1045
LeMaitre Vascular
LMAT
$2.32B
| $9.02M | 0.01% |
135,936
+21,936
| +19% | +$1.35M |
|
1046
CubeSmart
CUBE
$9.39B
| $9.02M | 0.01% |
199,400
+181,500
| +1,014% | +$8.05M |
|
1047
HCI Group
HCI
$2.23B
| $8.97M | 0.01% |
77,319
-3,600
| -4% | -$353K |
|
1048
Sea Limited
SE
$65.4B
| $8.97M | 0.01% |
167,100
-1,360,700
| -89% | -$62.6M |
|
1049
KB Home
KBH
$3.37B
| $8.96M | 0.01% |
126,400
-281,800
| -69% | -$18M |
|
1050
Western New England Bancorp
WNEB
$259M
| $8.96M | 0.01% |
1,167,662
-33,855
| -3% | -$281K |
|
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.