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 | |
|---|---|---|---|---|---|---|
1051
LXP Industrial Trust
LXP
$3.57B
| $8.93M | 0.01% |
+198,056
| New | +$9M |
|
1052
inTEST
INTT
$155M
| $8.91M | 0.01% |
672,437
+15,400
| +2% | +$182K |
|
1053
Harmony Gold Mining
HMY
$9.84B
| $8.91M | 0.01% |
1,090,513
+484,393
| +80% | +$3.09M |
|
1054
BlueLinx
BXC
$422M
| $8.89M | 0.01% |
68,300
+4,700
| +7% | +$553K |
|
1055
Lakeland Industries
LAKE
$113M
| $8.89M | 0.01% |
486,002
+140
| +0% | +$2.41K |
|
1056
Ultrapar
UGP
$6.95B
| $8.88M | 0.01% |
1,551,700
-81,500
| -5% | -$471K |
|
1057
Consolidated Water Co
CWCO
$467M
| $8.87M | 0.01% |
302,767
+52,900
| +21% | +$1.62M |
|
1058
Loews
L
$23.9B
| $8.87M | 0.01% |
113,300
-121,000
| -52% | -$8.95M |
|
|
IBDQ
1059
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $8.86M | 0.01% |
357,201
+112,191
| +46% | +$2.78M |
|
1060
Dole
DOLE
$1.35B
| $8.85M | 0.01% |
742,000
+104,077
| +16% | +$1.21M |
|
|
PRA
1061
DELISTED
ProAssurance
PRA
| $8.83M | 0.01% |
686,900
-58,800
| -8% | -$757K |
|
1062
Nkarta
NKTX
$150M
| $8.81M | 0.01% |
814,872
+157,100
| +24% | +$1.63M |
|
1063
Vertex
VERX
$2.09B
| $8.79M | 0.01% |
276,800
-65,900
| -19% | -$1.78M |
|
1064
Dominion Energy
D
$60.8B
| $8.78M | 0.01% |
178,536
-831,900
| -82% | -$38.9M |
|
1065
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.3B
| $8.77M | 0.01% |
+239,800
| New | +$8.71M |
|
1066
Sun Life Financial
SLF
$46B
| $8.76M | 0.01% |
160,440
-112,800
| -41% | -$5.97M |
|
1067
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.6B
| $8.76M | 0.01% |
119,900
-67,200
| -36% | -$4.81M |
|
1068
Generac Holdings
GNRC
$11.6B
| $8.75M | 0.01% |
+69,400
| New | +$8.14M |
|
1069
Archrock
AROC
$6.27B
| $8.73M | 0.01% |
443,628
+38,100
| +9% | +$651K |
|
|
DCH
1070
Dauch Corp
DCH
$1.34B
| $8.72M | 0.01% |
1,185,499
+98,829
| +9% | +$745K |
|
1071
Kosmos Energy
KOS
$1.6B
| $8.69M | 0.01% |
1,458,440
+1,430,302
| +5,083% | +$8.6M |
|
1072
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $8.68M | 0.01% |
182,900
-133,700
| -42% | -$6.37M |
|
1073
Fiverr
FVRR
$321M
| $8.66M | 0.01% |
411,099
-180,600
| -31% | -$4.52M |
|
1074
AMERISAFE
AMSF
$543M
| $8.64M | 0.01% |
172,300
-9,300
| -5% | -$462K |
|
1075
Green Plains
GPRE
$1.18B
| $8.62M | 0.01% |
372,929
+270,286
| +263% | +$5.92M |
|
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.