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 | |
|---|---|---|---|---|---|---|
1201
Phibro Animal Health
PAHC
$1.47B
| $8.03M | 0.01% |
524,000
-7,700
| -1% | -$118K |
|
1202
Tejon Ranch
TRC
$457M
| $8.02M | 0.01% |
439,148
+600
| +0.1% | +$11.5K |
|
1203
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $8M | 0.01% |
61,800
-12,800
| -17% | -$1.67M |
|
|
AE
1204
DELISTED
Adams Resources & Energy Inc
AE
| $7.98M | 0.01% |
207,742
-4,314
| -2% | -$212K |
|
1205
DigitalOcean
DOCN
$13.7B
| $7.97M | 0.01% |
203,500
-49,000
| -19% | -$1.54M |
|
1206
Shake Shack
SHAK
$2.53B
| $7.96M | 0.01% |
+143,400
| New | +$7.91M |
|
1207
Regal Rexnord
RRX
$13.7B
| $7.91M | 0.01% |
56,215
-158,100
| -74% | -$22.9M |
|
|
DOC
1208
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $7.9M | 0.01% |
529,400
+93,600
| +21% | +$1.41M |
|
1209
Viavi Solutions
VIAV
$9.12B
| $7.9M | 0.01% |
729,588
+162,188
| +29% | +$1.77M |
|
1210
nVent Electric
NVT
$24.9B
| $7.89M | 0.01% |
183,800
+146,000
| +386% | +$6.16M |
|
1211
Genpact
G
$5.96B
| $7.88M | 0.01% |
170,400
+8,500
| +5% | +$397K |
|
1212
Encore Capital Group
ECPG
$2.02B
| $7.87M | 0.01% |
155,905
+63,700
| +69% | +$3.33M |
|
|
VRTV
1213
DELISTED
VERITIV CORPORATION
VRTV
| $7.87M | 0.01% |
58,200
-21,400
| -27% | -$2.74M |
|
1214
Grupo SIMEC
SIM
$4.4B
| $7.83M | 0.01% |
224,945
-400
| -0.2% | -$13.8K |
|
1215
Tilly's
TLYS
$116M
| $7.82M | 0.01% |
1,014,012
-20,100
| -2% | -$168K |
|
|
PLL
1216
DELISTED
Piedmont Lithium
PLL
| $7.81M | 0.01% |
130,000
-113,190
| -47% | -$6.87M |
|
|
NOA
1217
North American Construction
NOA
$369M
| $7.8M | 0.01% |
467,300
-48,700
| -9% | -$756K |
|
|
TGI
1218
DELISTED
Triumph Group
TGI
| $7.77M | 0.01% |
670,300
+164,300
| +32% | +$1.87M |
|
1219
Build-A-Bear
BBW
$425M
| $7.77M | 0.01% |
334,179
+68,400
| +26% | +$1.59M |
|
|
BFS
1220
Saul Centers
BFS
$836M
| $7.76M | 0.01% |
198,974
-2,200
| -1% | -$88K |
|
1221
First Financial Bankshares
FFIN
$5.04B
| $7.75M | 0.01% |
243,008
-299,100
| -55% | -$10.4M |
|
|
VISN
1222
Vistance Networks Inc
VISN
$2.65B
| $7.74M | 0.01% |
1,214,500
+1,196,200
| +6,537% | +$9.06M |
|
1223
Chegg
CHGG
$110M
| $7.73M | 0.01% |
474,400
-621,700
| -57% | -$11.6M |
|
|
CUK
1224
DELISTED
Carnival PLC
CUK
| $7.73M | 0.01% |
844,400
-199,800
| -19% | -$1.87M |
|
1225
G. Willi-Food International
WILC
$373M
| $7.72M | 0.01% |
523,652
-12,600
| -2% | -$180K |
|
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.