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 | |
|---|---|---|---|---|---|---|
1076
Columbia Sportswear
COLM
$3.04B
| $10.2M | 0.01% |
+112,989
| New | +$10.1M |
|
1077
Concentrix
CNXC
$1.5B
| $10.2M | 0.01% |
83,800
-300
| -0.4% | -$40.7K |
|
1078
Cavco Industries
CVCO
$4.22B
| $10.2M | 0.01% |
32,055
+8,300
| +35% | +$2.3M |
|
|
VRE
1079
DELISTED
Veris Residential
VRE
| $10.1M | 0.01% |
692,412
+235,200
| +51% | +$3.75M |
|
1080
Aclaris Therapeutics
ACRS
$726M
| $10.1M | 0.01% |
1,252,152
+130,400
| +12% | +$1.65M |
|
1081
FTAI Aviation
FTAI
$21.1B
| $10.1M | 0.01% |
362,000
+227,900
| +170% | +$5.38M |
|
1082
Fiverr
FVRR
$321M
| $10.1M | 0.01% |
289,700
+208,300
| +256% | +$7.61M |
|
1083
Western New England Bancorp
WNEB
$259M
| $10.1M | 0.01% |
1,232,162
-60,282
| -5% | -$571K |
|
1084
Xerox
XRX
$387M
| $10.1M | 0.01% |
656,024
+520,000
| +382% | +$8.4M |
|
1085
Central Garden & Pet Co
CENT
$2.69B
| $10.1M | 0.01% |
306,264
-7,250
| -2% | -$235K |
|
1086
LSI Industries
LYTS
$859M
| $9.97M | 0.01% |
715,962
+21,870
| +3% | +$302K |
|
1087
Eastern Bankshares
EBC
$5.26B
| $9.96M | 0.01% |
788,900
+76,800
| +11% | +$1.18M |
|
|
ACCD
1088
DELISTED
Accolade Inc
ACCD
| $9.95M | 0.01% |
692,200
+191,900
| +38% | +$2.17M |
|
1089
Synaptics
SYNA
$4.19B
| $9.93M | 0.01% |
89,327
-84,920
| -49% | -$9.79M |
|
1090
WIX.com
WIX
$2.3B
| $9.92M | 0.01% |
99,400
-93,200
| -48% | -$8.19M |
|
1091
AutoNation
AN
$7.11B
| $9.89M | 0.01% |
73,600
-216,500
| -75% | -$27.8M |
|
1092
CGI
GIB
$15.1B
| $9.87M | 0.01% |
102,500
-4,800
| -4% | -$431K |
|
1093
Amkor Technology
AMKR
$12.4B
| $9.84M | 0.01% |
+378,100
| New | +$10.3M |
|
1094
Silgan Holdings
SLGN
$4.23B
| $9.84M | 0.01% |
183,275
+195
| +0.1% | +$10.3K |
|
1095
Ardmore Shipping
ASC
$710M
| $9.82M | 0.01% |
660,600
+243,300
| +58% | +$3.82M |
|
1096
APi Group
APG
$17.1B
| $9.74M | 0.01% |
649,800
+313,050
| +93% | +$4.49M |
|
|
CIO
1097
DELISTED
City Office REIT
CIO
| $9.72M | 0.01% |
1,408,116
-102,900
| -7% | -$869K |
|
1098
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $9.69M | 0.01% |
+301,408
| New | +$10.5M |
|
1099
Harmonic Inc
HLIT
$1.25B
| $9.64M | 0.01% |
660,527
-105,600
| -14% | -$1.46M |
|
1100
Camden National
CAC
$978M
| $9.6M | 0.01% |
265,149
-28,151
| -10% | -$1.14M |
|
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.