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 | |
|---|---|---|---|---|---|---|
|
EB
1176
DELISTED
Eventbrite
EB
| $8.35M | 0.01% |
972,900
+112,200
| +13% | +$925K |
|
1177
West Fraser Timber
WFG
$5.08B
| $8.34M | 0.01% |
117,000
-30,500
| -21% | -$2.34M |
|
|
ZUO
1178
DELISTED
Zuora, Inc.
ZUO
| $8.33M | 0.01% |
843,000
-600,000
| -42% | -$5.03M |
|
1179
Magna International
MGA
$18.7B
| $8.32M | 0.01% |
155,484
-134,000
| -46% | -$7.76M |
|
1180
RenaissanceRe
RNR
$13.3B
| $8.31M | 0.01% |
41,500
+11,300
| +37% | +$2.28M |
|
1181
iShares California Muni Bond ETF
CMF
$4.55B
| $8.29M | 0.01% |
144,400
+18,600
| +15% | +$1.06M |
|
1182
American Electric Power
AEP
$69.6B
| $8.26M | 0.01% |
90,800
-552,500
| -86% | -$50.5M |
|
1183
Materion
MTRN
$4.39B
| $8.26M | 0.01% |
71,207
-21,400
| -23% | -$2.15M |
|
1184
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $8.26M | 0.01% |
172,500
+26,900
| +18% | +$1.29M |
|
1185
Embotelladora Andina Series B
AKO.B
$4.74B
| $8.26M | 0.01% |
530,981
-4,100
| -0.8% | -$61.7K |
|
1186
Domo
DOMO
$174M
| $8.23M | 0.01% |
580,100
+51,400
| +10% | +$724K |
|
1187
Arlo Technologies
ARLO
$1.6B
| $8.23M | 0.01% |
1,357,992
+482,892
| +55% | +$2.14M |
|
1188
J. Jill
JILL
$272M
| $8.21M | 0.01% |
315,456
-29,300
| -8% | -$775K |
|
|
ASAI
1189
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $8.2M | 0.01% |
532,505
+229,505
| +76% | +$4.05M |
|
1190
Preformed Line Products
PLPC
$1.75B
| $8.2M | 0.01% |
64,000
+1,400
| +2% | +$139K |
|
1191
Rayonier
RYN
$6.55B
| $8.18M | 0.01% |
271,006
+86,745
| +47% | +$2.68M |
|
1192
Harmony Gold Mining
HMY
$9.84B
| $8.17M | 0.01% |
1,992,920
-663,753
| -25% | -$2.36M |
|
1193
Grocery Outlet
GO
$909M
| $8.17M | 0.01% |
289,000
+210,200
| +267% | +$6.03M |
|
1194
UMB Financial
UMBF
$11.1B
| $8.17M | 0.01% |
141,500
+900
| +0.6% | +$73.1K |
|
1195
Genie Energy
GNE
$367M
| $8.16M | 0.01% |
590,485
-29,800
| -5% | -$340K |
|
|
LBAI
1196
DELISTED
Lakeland Bancorp Inc
LBAI
| $8.14M | 0.01% |
520,175
+2,400
| +0.5% | +$43.6K |
|
1197
ICL Group
ICL
$6.53B
| $8.08M | 0.01% |
1,187,776
+35,000
| +3% | +$258K |
|
|
BSCN
1198
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $8.06M | 0.01% |
382,400
+158,222
| +71% | +$3.33M |
|
1199
PagSeguro Digital
PAGS
$2.69B
| $8.06M | 0.01% |
+940,339
| New | +$8.41M |
|
1200
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $8.04M | 0.01% |
84,700
-10,181
| -11% | -$962K |
|
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.