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 | |
|---|---|---|---|---|---|---|
1326
Bilibili
BILI
$7.99B
| $5.75M | 0.01% |
512,966
-28,600
| -5% | -$300K |
|
1327
Cognyte Software
CGNT
$659M
| $5.75M | 0.01% |
694,711
+157,200
| +29% | +$1.11M |
|
1328
Financial Institutions
FISI
$816M
| $5.74M | 0.01% |
305,100
-48,300
| -14% | -$955K |
|
1329
Eastern Bankshares
EBC
$5.26B
| $5.73M | 0.01% |
415,900
-294,100
| -41% | -$3.99M |
|
1330
Gilat Satellite Networks
GILT
$834M
| $5.72M | 0.01% |
1,053,529
+14,396
| +1% | +$86.1K |
|
|
INST
1331
DELISTED
Instructure Holdings, Inc.
INST
| $5.72M | 0.01% |
267,500
+79,900
| +43% | +$1.88M |
|
1332
Shell
SHEL
$254B
| $5.72M | 0.01% |
85,286
-199,000
| -70% | -$12.8M |
|
1333
Global Ship Lease
GSL
$1.6B
| $5.71M | 0.01% |
281,550
+256,762
| +1,036% | +$5.23M |
|
1334
Telus
TU
$14.9B
| $5.71M | 0.01% |
356,666
+159,100
| +81% | +$2.78M |
|
1335
Franklin Covey
FC
$242M
| $5.69M | 0.01% |
144,903
-27,600
| -16% | -$1.1M |
|
1336
DigitalOcean
DOCN
$13.7B
| $5.68M | 0.01% |
148,700
+109,200
| +276% | +$4.05M |
|
1337
Vicor
VICR
$9.56B
| $5.68M | 0.01% |
148,432
-75,368
| -34% | -$2.93M |
|
|
ESPR
1338
DELISTED
Esperion Therapeutics
ESPR
| $5.67M | 0.01% |
2,116,500
+696,400
| +49% | +$1.69M |
|
1339
COPT Defense Properties
CDP
$4.3B
| $5.67M | 0.01% |
+234,600
| New | +$5.71M |
|
1340
Lattice Semiconductor
LSCC
$17.6B
| $5.66M | 0.01% |
72,300
-150,200
| -68% | -$10.7M |
|
1341
iShares MSCI EAFE Value ETF
EFV
$28.8B
| $5.65M | 0.01% |
103,800
+33,200
| +47% | +$1.73M |
|
1342
Pebblebrook Hotel Trust
PEB
$2.15B
| $5.63M | 0.01% |
365,395
-250,100
| -41% | -$3.94M |
|
|
PPLI
1343
People Inc
PPLI
$3.09B
| $5.63M | 0.01% |
128,637
+16,578
| +15% | +$716K |
|
|
ESSA
1344
DELISTED
ESSA Bancorp
ESSA
| $5.62M | 0.01% |
308,518
-5,300
| -2% | -$97.7K |
|
1345
FT Vest Fund of Buffer ETFs
BUFR
$10.2B
| $5.62M | 0.01% |
201,000
-31,991
| -14% | -$872K |
|
1346
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.08B
| $5.62M | 0.01% |
313,512
+86,412
| +38% | +$1.53M |
|
1347
Schwab US Dividend Equity ETF
SCHD
$104B
| $5.6M | 0.01% |
+208,500
| New | +$5.39M |
|
1348
Donnelley Financial Solutions
DFIN
$1.16B
| $5.6M | 0.01% |
+90,300
| New | +$5.65M |
|
1349
Cracker Barrel
CBRL
$1.26B
| $5.59M | 0.01% |
+76,932
| New | +$5.58M |
|
1350
Westwood Holdings Group
WHG
$182M
| $5.59M | 0.01% |
453,648
-17,003
| -4% | -$205K |
|
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.