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 | |
|---|---|---|---|---|---|---|
1226
Fabrinet
FN
$15.6B
| $7.71M | 0.01% |
+64,900
| New | +$8.06M |
|
1227
Hamilton Lane
HLNE
$4.91B
| $7.69M | 0.01% |
103,931
-3,900
| -4% | -$288K |
|
|
RYZ
1228
Ryerson Holding Corp
RYZ
$1.44B
| $7.68M | 0.01% |
211,200
+93,700
| +80% | +$3.4M |
|
1229
Ingevity
NGVT
$2.51B
| $7.68M | 0.01% |
107,400
-47,300
| -31% | -$3.75M |
|
1230
WaFd
WAFD
$2.72B
| $7.68M | 0.01% |
254,876
-129,700
| -34% | -$4.39M |
|
|
HUYA
1231
Huya Inc
HUYA
$563M
| $7.66M | 0.01% |
2,122,724
+112,800
| +6% | +$530K |
|
1232
Hess Midstream
HESM
$5.24B
| $7.66M | 0.01% |
264,700
-43,200
| -14% | -$1.26M |
|
1233
MACOM Technology Solutions
MTSI
$19.2B
| $7.66M | 0.01% |
108,115
+44,800
| +71% | +$3.03M |
|
1234
Immunovant
IMVT
$7.93B
| $7.63M | 0.01% |
492,112
+148,012
| +43% | +$2.57M |
|
1235
Tetra Tech
TTEK
$8.49B
| $7.63M | 0.01% |
259,635
-1,078,965
| -81% | -$31.2M |
|
|
IRBT
1236
DELISTED
iRobot
IRBT
| $7.62M | 0.01% |
+174,600
| New | +$7.73M |
|
1237
First Majestic Silver
AG
$7.41B
| $7.61M | 0.01% |
+1,055,338
| New | +$7.77M |
|
1238
SiTime
SITM
$16B
| $7.61M | 0.01% |
53,500
+26,100
| +95% | +$3.2M |
|
1239
IES Holdings
IESC
$14.8B
| $7.61M | 0.01% |
176,532
+400
| +0.2% | +$16.4K |
|
1240
Fate Therapeutics
FATE
$286M
| $7.6M | 0.01% |
1,332,919
-472,017
| -26% | -$2.85M |
|
1241
Brookfield Asset Management
BAM
$77.3B
| $7.6M | 0.01% |
232,200
-80,726
| -26% | -$2.62M |
|
1242
News Corp Class B
NWS
$16.9B
| $7.58M | 0.01% |
435,130
-411,200
| -49% | -$7.59M |
|
1243
Boston Properties
BXP
$11.2B
| $7.55M | 0.01% |
139,422
-198,478
| -59% | -$13M |
|
1244
Masco
MAS
$14.1B
| $7.53M | 0.01% |
151,500
-516,700
| -77% | -$26.6M |
|
1245
RCM Technologies
RCMT
$201M
| $7.53M | 0.01% |
651,283
+5,310
| +0.8% | +$69.9K |
|
1246
Erie Indemnity
ERIE
$12.7B
| $7.52M | 0.01% |
32,471
+9,500
| +41% | +$2.27M |
|
|
BVH
1247
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $7.51M | 0.01% |
274,461
+2,800
| +1% | +$83.3K |
|
|
AVDL
1248
DELISTED
Avadel Pharmaceuticals
AVDL
| $7.51M | 0.01% |
819,754
+133,948
| +20% | +$1.1M |
|
1249
Allient
ALNT
$1.49B
| $7.49M | 0.01% |
193,772
-4,300
| -2% | -$170K |
|
1250
Brookfield Infrastructure Partners
BIP
$19.2B
| $7.48M | 0.01% |
221,700
-87,300
| -28% | -$2.94M |
|
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.