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 | |
|---|---|---|---|---|---|---|
|
PTVE
1226
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $6.72M | 0.01% |
469,200
+225,000
| +92% | +$3.19M |
|
|
ITCI
1227
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $6.69M | 0.01% |
96,700
-55,700
| -37% | -$3.83M |
|
1228
Akebia Therapeutics
AKBA
$354M
| $6.68M | 0.01% |
3,652,100
-1,127,283
| -24% | -$1.8M |
|
1229
AngioDynamics
ANGO
$611M
| $6.68M | 0.01% |
1,138,514
+274,431
| +32% | +$1.63M |
|
1230
Pegasystems
PEGA
$5.02B
| $6.67M | 0.01% |
206,448
+117,200
| +131% | +$3.29M |
|
1231
Rayonier Advanced Materials
RYAM
$604M
| $6.67M | 0.01% |
1,395,014
-41,000
| -3% | -$174K |
|
1232
Editas Medicine
EDIT
$396M
| $6.67M | 0.01% |
898,418
+391,018
| +77% | +$3.25M |
|
1233
Heron Therapeutics
HRTX
$93.9M
| $6.67M | 0.01% |
2,406,486
+523,186
| +28% | +$1.32M |
|
1234
Alignment Healthcare
ALHC
$3.08B
| $6.65M | 0.01% |
1,340,800
+187,000
| +16% | +$1.2M |
|
1235
Rush Street Interactive
RSI
$2.77B
| $6.65M | 0.01% |
1,021,328
+176,688
| +21% | +$951K |
|
1236
Shenandoah Telecom
SHEN
$664M
| $6.64M | 0.01% |
382,471
-37,100
| -9% | -$719K |
|
1237
VTEX
VTEX
$735M
| $6.62M | 0.01% |
809,700
+161,468
| +25% | +$1.29M |
|
|
FLIC
1238
DELISTED
First of Long Island Corp
FLIC
| $6.61M | 0.01% |
596,250
+58,700
| +11% | +$684K |
|
|
FONR
1239
DELISTED
Fonar
FONR
| $6.6M | 0.01% |
308,841
+5,704
| +2% | +$120K |
|
1240
Hexcel
HXL
$7.79B
| $6.59M | 0.01% |
90,500
+82,200
| +990% | +$5.91M |
|
1241
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39.9B
| $6.59M | 0.01% |
121,500
-62,800
| -34% | -$3.28M |
|
1242
Urban Edge Properties
UE
$2.86B
| $6.59M | 0.01% |
381,500
+220,100
| +136% | +$3.81M |
|
1243
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $6.57M | 0.01% |
+69,000
| New | +$6.53M |
|
1244
KNOT Offshore Partners
KNOP
$372M
| $6.55M | 0.01% |
1,269,917
-42,849
| -3% | -$241K |
|
1245
Daktronics
DAKT
$955M
| $6.53M | 0.01% |
655,800
-74,048
| -10% | -$618K |
|
1246
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $6.53M | 0.01% |
+75,996
| New | +$6.39M |
|
1247
Pricesmart
PSMT
$5.98B
| $6.5M | 0.01% |
77,365
-9,900
| -11% | -$786K |
|
|
CIO
1248
DELISTED
City Office REIT
CIO
| $6.5M | 0.01% |
1,246,816
+179,400
| +17% | +$904K |
|
1249
Timberland Bancorp
TSBK
$348M
| $6.5M | 0.01% |
241,289
-35,700
| -13% | -$984K |
|
1250
Marcus Corp
MCS
$897M
| $6.45M | 0.01% |
452,600
-51,400
| -10% | -$727K |
|
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.