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 | |
|---|---|---|---|---|---|---|
1126
Invesco Mortgage Capital
IVR
$759M
| $7.92M | 0.01% |
817,952
+6,052
| +0.7% | +$54.3K |
|
1127
Western Union
WU
$1.98B
| $7.91M | 0.01% |
565,600
+541,679
| +2,264% | +$6.98M |
|
|
CFLT
1128
DELISTED
Confluent
CFLT
| $7.89M | 0.01% |
258,500
-207,402
| -45% | -$5.85M |
|
1129
TSMC
TSM
$2.1T
| $7.88M | 0.01% |
+57,920
| New | +$7.19M |
|
1130
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.38B
| $7.87M | 0.01% |
+567,700
| New | +$7.62M |
|
1131
CSP Inc
CSPI
$79.7M
| $7.87M | 0.01% |
426,426
+101,700
| +31% | +$1.63M |
|
1132
RE/MAX Holdings
RMAX
$193M
| $7.86M | 0.01% |
895,900
+84,800
| +10% | +$818K |
|
1133
SentinelOne
S
$6.53B
| $7.85M | 0.01% |
+336,600
| New | +$8.79M |
|
1134
Johnson Outdoors
JOUT
$491M
| $7.84M | 0.01% |
170,100
-14,600
| -8% | -$671K |
|
|
PETQ
1135
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $7.83M | 0.01% |
428,076
+4,292
| +1% | +$76.4K |
|
1136
Ionis Pharmaceuticals
IONS
$8.6B
| $7.79M | 0.01% |
179,714
+67,300
| +60% | +$3.21M |
|
|
BERY
1137
DELISTED
Berry Global Group, Inc.
BERY
| $7.79M | 0.01% |
140,195
-6,425
| -4% | -$366K |
|
|
ARC
1138
DELISTED
ARC Document Solutions, Inc.
ARC
| $7.78M | 0.01% |
2,809,897
-11,300
| -0.4% | -$31.9K |
|
|
SILK
1139
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $7.78M | 0.01% |
424,600
+258,300
| +155% | +$4.1M |
|
1140
Albertsons Companies
ACI
$5.62B
| $7.77M | 0.01% |
362,605
-1,085,108
| -75% | -$23.3M |
|
1141
NewMarket
NEU
$7.82B
| $7.74M | 0.01% |
12,200
-2,487
| -17% | -$1.49M |
|
1142
Evolution Petroleum
EPM
$132M
| $7.72M | 0.01% |
1,256,797
-107,400
| -8% | -$617K |
|
1143
Wabash National
WNC
$512M
| $7.72M | 0.01% |
257,748
-134,600
| -34% | -$3.55M |
|
1144
Donaldson
DCI
$10.9B
| $7.71M | 0.01% |
103,300
-18,500
| -15% | -$1.26M |
|
1145
KRONOS Worldwide
KRO
$693M
| $7.7M | 0.01% |
652,100
-40,900
| -6% | -$396K |
|
1146
Varonis Systems
VRNS
$4.59B
| $7.64M | 0.01% |
+161,900
| New | +$7.71M |
|
1147
Piper Sandler
PIPR
$5.12B
| $7.62M | 0.01% |
153,580
-26,800
| -15% | -$1.22M |
|
1148
Target Hospitality
TH
$1.51B
| $7.59M | 0.01% |
698,236
+92,800
| +15% | +$871K |
|
1149
Vestis
VSTS
$1.91B
| $7.58M | 0.01% |
393,600
+100,600
| +34% | +$1.99M |
|
1150
PetMed Express
PETS
$41.7M
| $7.58M | 0.01% |
1,582,784
+238,500
| +18% | +$1.39M |
|
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.