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 | |
|---|---|---|---|---|---|---|
1351
Clearway Energy Class C
CWEN
$4.94B
| $5.56M | 0.01% |
241,197
-13,200
| -5% | -$310K |
|
|
AE
1352
DELISTED
Adams Resources & Energy Inc
AE
| $5.55M | 0.01% |
191,356
-3,893
| -2% | -$97.4K |
|
|
BNY
1353
Bank of New York Mellon
BNY
$106B
| $5.52M | 0.01% |
+95,877
| New | +$5.28M |
|
1354
Lantheus
LNTH
$6.49B
| $5.52M | 0.01% |
+88,731
| New | +$5.22M |
|
|
MREO
1355
Mereo BioPharma
MREO
$54.7M
| $5.52M | 0.01% |
1,672,309
-125,700
| -7% | -$426K |
|
1356
Maximus
MMS
$3.17B
| $5.51M | 0.01% |
65,700
+36,100
| +122% | +$2.97M |
|
1357
First Trust Managed Municipal ETF
FMB
$2.04B
| $5.51M | 0.01% |
107,300
-110,603
| -51% | -$5.69M |
|
1358
Capital City Bank Group
CCBG
$888M
| $5.51M | 0.01% |
198,871
+15,400
| +8% | +$433K |
|
1359
Xerox
XRX
$387M
| $5.5M | 0.01% |
+307,497
| New | +$5.41M |
|
|
CMBT
1360
CMB.TECH NV
CMBT
$4.69B
| $5.5M | 0.01% |
330,794
-25,100
| -7% | -$437K |
|
1361
James Hardie Industries
JHX
$15.3B
| $5.5M | 0.01% |
135,827
-4,600
| -3% | -$177K |
|
|
OLO
1362
DELISTED
Olo Inc
OLO
| $5.48M | 0.01% |
998,800
-278,746
| -22% | -$1.52M |
|
1363
Cullinan Oncology
CGEM
$1.01B
| $5.47M | 0.01% |
321,100
+57,012
| +22% | +$881K |
|
1364
Liberty Live Group Series A
LLYVA
$8.71B
| $5.47M | 0.01% |
129,100
+26,800
| +26% | +$1M |
|
1365
Gran Tierra Energy
GTE
$265M
| $5.43M | 0.01% |
760,080
-50,100
| -6% | -$279K |
|
1366
UGI
UGI
$7.74B
| $5.4M | 0.01% |
220,183
-51,305
| -19% | -$1.23M |
|
1367
Centene
CNC
$30.7B
| $5.37M | 0.01% |
68,412
-161,937
| -70% | -$12.5M |
|
1368
Alight
ALIT
$447M
| $5.35M | 0.01% |
+27,135
| New | +$4.91M |
|
|
1369
Liberty Live Group Series C
LLYVK
$9.07B
| $5.35M | 0.01% |
122,000
+9,500
| +8% | +$364K |
|
|
ACCD
1370
DELISTED
Accolade Inc
ACCD
| $5.34M | 0.01% |
509,900
+25,400
| +5% | +$289K |
|
1371
Planet Fitness
PLNT
$4.42B
| $5.31M | 0.01% |
84,800
+73,600
| +657% | +$4.92M |
|
|
ZIMV
1372
DELISTED
ZimVie
ZIMV
| $5.29M | 0.01% |
321,100
+158,000
| +97% | +$2.81M |
|
1373
Norwegian Cruise Line
NCLH
$8.51B
| $5.29M | 0.01% |
+252,900
| New | +$4.6M |
|
1374
EnerSys
ENS
$6.78B
| $5.26M | 0.01% |
55,700
+48,800
| +707% | +$4.59M |
|
1375
York Water
YORW
$502M
| $5.25M | 0.01% |
144,836
+21,000
| +17% | +$757K |
|
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.