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 | |
|---|---|---|---|---|---|---|
1251
Chemours
CC
$2.5B
| $7.46M | 0.01% |
249,100
-466,600
| -65% | -$15.4M |
|
|
GOLD
1252
Gold.com Inc
GOLD
$1.2B
| $7.45M | 0.01% |
214,984
-22,400
| -9% | -$745K |
|
1253
Arrowhead Research
ARWR
$11.9B
| $7.44M | 0.01% |
292,800
-201,000
| -41% | -$6.32M |
|
|
FLIC
1254
DELISTED
First of Long Island Corp
FLIC
| $7.43M | 0.01% |
550,450
+7,000
| +1% | +$117K |
|
1255
OneMain Financial
OMF
$7.2B
| $7.43M | 0.01% |
200,300
-238,700
| -54% | -$9.59M |
|
1256
MINISO
MNSO
$3.88B
| $7.43M | 0.01% |
418,600
+93,500
| +29% | +$1.51M |
|
1257
IPG Photonics
IPGP
$3.61B
| $7.42M | 0.01% |
60,200
-6,500
| -10% | -$753K |
|
|
DOO
1258
Bombardier Recreational Products
DOO
$4.54B
| $7.42M | 0.01% |
94,900
+38,700
| +69% | +$3.19M |
|
1259
Eversource Energy
ES
$26.9B
| $7.34M | 0.01% |
93,780
+79,400
| +552% | +$6.27M |
|
1260
Ardagh Metal Packaging
AMBP
$2.83B
| $7.33M | 0.01% |
1,797,129
-539,004
| -23% | -$2.65M |
|
1261
Dorian LPG
LPG
$2.03B
| $7.33M | 0.01% |
367,400
+288,300
| +364% | +$5.87M |
|
1262
Aaon
AAON
$7.3B
| $7.33M | 0.01% |
113,636
+86,700
| +322% | +$4.77M |
|
1263
New Fortress Energy
NFE
$92.1M
| $7.3M | 0.01% |
248,100
+240,000
| +2,963% | +$8.46M |
|
1264
Freshworks
FRSH
$3.14B
| $7.3M | 0.01% |
475,300
+95,200
| +25% | +$1.44M |
|
|
EXE
1265
Expand Energy Corp
EXE
$21.8B
| $7.27M | 0.01% |
95,600
-567,820
| -86% | -$46.7M |
|
1266
First Busey Corp
BUSE
$2.57B
| $7.27M | 0.01% |
357,339
-500
| -0.1% | -$11.7K |
|
1267
Innodata
INOD
$2.05B
| $7.25M | 0.01% |
849,390
-5,800
| -0.7% | -$32.8K |
|
|
CD
1268
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $7.25M | 0.01% |
1,037,800
-17,600
| -2% | -$135K |
|
1269
Community Health Systems
CYH
$393M
| $7.23M | 0.01% |
1,475,393
+252,776
| +21% | +$1.33M |
|
1270
NACCO Industries
NC
$357M
| $7.23M | 0.01% |
200,418
-13,300
| -6% | -$499K |
|
|
ELME
1271
Elme Communities
ELME
$143M
| $7.2M | 0.01% |
403,008
+109,208
| +37% | +$2M |
|
1272
Sinclair Inc
SBGI
$992M
| $7.17M | 0.01% |
417,971
-401,900
| -49% | -$6.99M |
|
1273
Helmerich & Payne
HP
$3.45B
| $7.17M | 0.01% |
200,500
-172,700
| -46% | -$7.45M |
|
1274
Preferred Bank
PFBC
$1.24B
| $7.17M | 0.01% |
130,755
-10,100
| -7% | -$683K |
|
1275
QuantumScape Corp
QS
$3.21B
| $7.16M | 0.01% |
875,100
-696,300
| -44% | -$5.65M |
|
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.