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 | |
|---|---|---|---|---|---|---|
1451
Tucows
TCX
$172M
| $5.23M | 0.01% |
268,710
-15,241
| -5% | -$440K |
|
1452
Financial Institutions
FISI
$816M
| $5.22M | 0.01% |
271,000
-19,800
| -7% | -$464K |
|
1453
TriNet
TNET
$3.02B
| $5.21M | 0.01% |
64,600
-36,900
| -36% | -$2.89M |
|
1454
First Business Financial Services
FBIZ
$587M
| $5.2M | 0.01% |
170,465
-4,300
| -2% | -$147K |
|
|
UBA
1455
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.19M | 0.01% |
295,417
+11,300
| +4% | +$203K |
|
1456
BlueLinx
BXC
$422M
| $5.18M | 0.01% |
76,200
+29,800
| +64% | +$2.41M |
|
|
LGF.A
1457
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $5.18M | 0.01% |
467,778
-43,600
| -9% | -$393K |
|
|
YSG
1458
Yatsen Holding
YSG
$322M
| $5.17M | 0.01% |
699,032
+91,282
| +15% | +$686K |
|
|
ESSA
1459
DELISTED
ESSA Bancorp
ESSA
| $5.17M | 0.01% |
329,018
-14,757
| -4% | -$284K |
|
1460
Keros Therapeutics
KROS
$199M
| $5.17M | 0.01% |
121,100
+29,200
| +32% | +$1.47M |
|
1461
Bank of Hawaii
BOH
$3.15B
| $5.16M | 0.01% |
99,035
+50,735
| +105% | +$3.56M |
|
1462
Janus Henderson AAA CLO ETF
JAAA
$29B
| $5.15M | 0.01% |
104,000
+22,900
| +28% | +$1.14M |
|
|
MRSN
1463
DELISTED
Mersana Therapeutics
MRSN
| $5.14M | 0.01% |
50,021
+27,152
| +119% | +$3.81M |
|
1464
Otter Tail
OTTR
$3.71B
| $5.12M | 0.01% |
70,904
-64,400
| -48% | -$4.28M |
|
1465
Essent Group
ESNT
$6.08B
| $5.09M | 0.01% |
127,000
-6,900
| -5% | -$284K |
|
1466
National Health Investors
NHI
$3.72B
| $5.08M | 0.01% |
98,500
-29,324
| -23% | -$1.6M |
|
1467
Fidelity National Financial
FNF
$13.9B
| $5.07M | 0.01% |
145,199
-190,600
| -57% | -$7.5M |
|
|
DAWN
1468
DELISTED
Day One Biopharmaceuticals
DAWN
| $5.07M | 0.01% |
379,100
+231,674
| +157% | +$4.53M |
|
1469
StealthGas
GASS
$332M
| $5.07M | 0.01% |
1,942,189
+86,306
| +5% | +$239K |
|
|
AVID
1470
DELISTED
Avid Technology Inc
AVID
| $5.06M | 0.01% |
158,200
-50,400
| -24% | -$1.49M |
|
|
FFIC
1471
DELISTED
Flushing Financial
FFIC
| $5.05M | 0.01% |
339,300
+11,200
| +3% | +$206K |
|
1472
Westwood Holdings Group
WHG
$182M
| $5.05M | 0.01% |
450,216
-3,800
| -0.8% | -$46.8K |
|
|
WSR
1473
DELISTED
Whitestone REIT
WSR
| $5.02M | 0.01% |
545,184
+59,600
| +12% | +$577K |
|
1474
Guardant Health
GH
$21.7B
| $5M | 0.01% |
+213,400
| New | +$6.1M |
|
1475
McGrath RentCorp
MGRC
$2.81B
| $5M | 0.01% |
53,595
+48,148
| +884% | +$4.76M |
|
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.