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 | |
|---|---|---|---|---|---|---|
1051
Freedom Holding
FRHC
$9.63B
| $10.8M | 0.01% |
150,900
+125,656
| +498% | +$8.5M |
|
1052
Amphenol
APH
$198B
| $10.8M | 0.01% |
265,200
-260,000
| -50% | -$10.3M |
|
1053
Federal Realty Investment Trust
FRT
$10.7B
| $10.8M | 0.01% |
109,600
+7,000
| +7% | +$732K |
|
|
DADA
1054
DELISTED
Dada Nexus
DADA
| $10.8M | 0.01% |
1,274,000
+587,200
| +85% | +$6.39M |
|
1055
Adeia
ADEA
$2.94B
| $10.8M | 0.01% |
1,215,143
+53,000
| +5% | +$530K |
|
1056
Chipotle Mexican Grill
CMG
$47.2B
| $10.8M | 0.01% |
315,000
-2,560,000
| -89% | -$80.4M |
|
1057
Mine Safety
MSA
$7.35B
| $10.8M | 0.01% |
80,600
+15,700
| +24% | +$2.12M |
|
1058
Climb Global Solutions
CLMB
$500M
| $10.7M | 0.01% |
805,116
+13,500
| +2% | +$140K |
|
1059
Corebridge Financial
CRBG
$14.1B
| $10.6M | 0.01% |
662,700
+209,200
| +46% | +$4.1M |
|
1060
Paychex
PAYX
$41.6B
| $10.6M | 0.01% |
+92,401
| New | +$10.5M |
|
1061
Oil-Dri
ODC
$1.44B
| $10.5M | 0.01% |
506,092
-6,800
| -1% | -$126K |
|
|
ABB
1062
DELISTED
ABB Ltd
ABB
| $10.5M | 0.01% |
305,700
-279,700
| -48% | -$9.37M |
|
1063
Berkshire Hathaway Class B
BRK.B
$1.1T
| $10.5M | 0.01% |
33,846
+32,600
| +2,616% | +$10M |
|
|
BRT
1064
BRT Apartments
BRT
$281M
| $10.4M | 0.01% |
528,191
-40,800
| -7% | -$830K |
|
1065
Weibo
WB
$2B
| $10.4M | 0.01% |
518,208
-217,600
| -30% | -$4.45M |
|
1066
Federal Agricultural Mortgage
AGM
$2.47B
| $10.4M | 0.01% |
77,900
+39,200
| +101% | +$5.15M |
|
1067
Crown Holdings
CCK
$12.8B
| $10.4M | 0.01% |
+125,300
| New | +$10.6M |
|
1068
OR Royalties Inc
OR
$5.58B
| $10.3M | 0.01% |
654,874
-8,400
| -1% | -$113K |
|
1069
Ooma
OOMA
$598M
| $10.3M | 0.01% |
826,403
+51,200
| +7% | +$686K |
|
1070
BlackBerry
BB
$4.98B
| $10.3M | 0.01% |
2,266,443
+1,432,900
| +172% | +$5.68M |
|
|
HAPN
1071
Happen Inc
HAPN
$2.21B
| $10.3M | 0.01% |
1,432,520
-203,300
| -12% | -$1.81M |
|
|
SYNH
1072
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $10.3M | 0.01% |
+289,700
| New | +$10.5M |
|
|
AGS
1073
DELISTED
PlayAGS
AGS
| $10.3M | 0.01% |
1,434,542
+288,700
| +25% | +$1.8M |
|
1074
PRA Group
PRAA
$663M
| $10.2M | 0.01% |
263,011
+140,500
| +115% | +$5.51M |
|
1075
Deutsche Bank
DB
$69B
| $10.2M | 0.01% |
1,000,330
+338,392
| +51% | +$4.05M |
|
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.