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 | |
|---|---|---|---|---|---|---|
|
DCBO
1401
Docebo
DCBO
$538M
| $5.05M | 0.01% |
103,200
-2,300
| -2% | -$110K |
|
1402
MasterCraft Boat Holdings
MCFT
$598M
| $5.05M | 0.01% |
213,000
-19,000
| -8% | -$409K |
|
1403
Hanover Insurance
THG
$8.17B
| $5.05M | 0.01% |
37,100
-68,000
| -65% | -$8.82M |
|
1404
Dine Brands
DIN
$457M
| $5.05M | 0.01% |
108,600
+87,500
| +415% | +$4.06M |
|
1405
AGNC Investment
AGNC
$12.5B
| $5.03M | 0.01% |
+507,602
| New | +$4.9M |
|
1406
GlobalFoundries
GFS
$26.9B
| $5.02M | 0.01% |
96,300
+21,500
| +29% | +$1.18M |
|
1407
Enact Holdings
ACT
$6.75B
| $4.99M | 0.01% |
160,100
-41,700
| -21% | -$1.18M |
|
1408
G. Willi-Food International
WILC
$383M
| $4.98M | 0.01% |
486,152
-6,900
| -1% | -$71.2K |
|
1409
U-Haul Holding Co Series N
UHAL.B
$12.5B
| $4.98M | 0.01% |
74,700
+18,600
| +33% | +$1.2M |
|
1410
Agree Realty
ADC
$9.36B
| $4.97M | 0.01% |
87,000
+8,100
| +10% | +$474K |
|
1411
Vera Therapeutics
VERA
$2.25B
| $4.96M | 0.01% |
+115,000
| New | +$4.1M |
|
1412
WisdomTree Japan Hedged Equity Fund
DXJ
$7.02B
| $4.94M | 0.01% |
45,500
+17,900
| +65% | +$1.78M |
|
1413
Hilltop Holdings
HTH
$2.29B
| $4.93M | 0.01% |
+157,384
| New | +$5M |
|
|
HDV
1414
iShares Core High Dividend ETF
HDV
$14.8B
| $4.93M | 0.01% |
223,500
+207,500
| +1,297% | +$4.36M |
|
1415
Interparfums
IPAR
$4.09B
| $4.92M | 0.01% |
35,013
+3,713
| +12% | +$526K |
|
1416
West Fraser Timber
WFG
$5.14B
| $4.92M | 0.01% |
56,900
+5,000
| +10% | +$409K |
|
|
LPRO
1417
DELISTED
Open Lending Corp
LPRO
| $4.92M | 0.01% |
785,425
+143,000
| +22% | +$1.05M |
|
1418
Century Aluminum
CENX
$4.34B
| $4.91M | 0.01% |
319,099
-132,800
| -29% | -$1.49M |
|
1419
Donegal Group Class A
DGICA
$739M
| $4.89M | 0.01% |
346,211
-4,400
| -1% | -$62.4K |
|
1420
The Joint Corp
JYNT
$119M
| $4.88M | 0.01% |
374,078
+7,431
| +2% | +$76.9K |
|
1421
Tactile Systems Technology
TCMD
$665M
| $4.88M | 0.01% |
300,400
-28,000
| -9% | -$423K |
|
1422
Alphatec Holdings
ATEC
$1.57B
| $4.86M | 0.01% |
352,400
-11,300
| -3% | -$168K |
|
1423
Advanced Energy
AEIS
$11.5B
| $4.85M | 0.01% |
+47,522
| New | +$4.85M |
|
1424
Regional Management Corp
RM
$321M
| $4.84M | 0.01% |
199,737
-7,300
| -4% | -$176K |
|
1425
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $4.83M | 0.01% |
+90,400
| New | +$4.64M |
|
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.