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 | |
|---|---|---|---|---|---|---|
1476
Avista
AVA
$3.23B
| $4.54M | 0.01% |
129,700
-21,901
| -14% | -$746K |
|
1477
Arcus Biosciences
RCUS
$3.47B
| $4.54M | 0.01% |
240,500
+117,000
| +95% | +$2.02M |
|
|
SMMF
1478
DELISTED
Summit Financial Group, Inc.
SMMF
| $4.54M | 0.01% |
167,183
-2,452
| -1% | -$67.4K |
|
1479
Atea Pharmaceuticals
AVIR
$371M
| $4.54M | 0.01% |
1,123,400
-372,903
| -25% | -$1.46M |
|
1480
Castle Biosciences
CSTL
$914M
| $4.53M | 0.01% |
204,700
+92,300
| +82% | +$2.01M |
|
1481
Viant Technology
DSP
$244M
| $4.53M | 0.01% |
425,200
+55,700
| +15% | +$485K |
|
|
EVRI
1482
DELISTED
Everi Holdings
EVRI
| $4.53M | 0.01% |
450,900
-306,700
| -40% | -$3.17M |
|
|
UCTT
1483
Ultra Clean Holdings
UCTT
$3.98B
| $4.52M | 0.01% |
98,400
+28,500
| +41% | +$1.16M |
|
1484
Comp X International
CIX
$369M
| $4.51M | 0.01% |
131,544
-2,600
| -2% | -$69.1K |
|
|
KLG
1485
DELISTED
WK Kellogg Co
KLG
| $4.51M | 0.01% |
239,900
+159,445
| +198% | +$2.32M |
|
|
BPMC
1486
DELISTED
Blueprint Medicines
BPMC
| $4.51M | 0.01% |
+47,500
| New | +$4.07M |
|
1487
Pennant Group
PNTG
$1.4B
| $4.48M | 0.01% |
228,300
+39,700
| +21% | +$669K |
|
|
CSTR
1488
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $4.46M | 0.01% |
221,899
-700
| -0.3% | -$13K |
|
1489
Coty
COTY
$2.48B
| $4.46M | 0.01% |
372,730
-132,274
| -26% | -$1.61M |
|
|
PLYM
1490
DELISTED
Plymouth Industrial REIT
PLYM
| $4.45M | 0.01% |
197,812
+60,000
| +44% | +$1.34M |
|
1491
Simply Good Foods
SMPL
$994M
| $4.44M | 0.01% |
130,400
+125,100
| +2,360% | +$4.61M |
|
1492
Prosperity Bancshares
PB
$9.01B
| $4.42M | 0.01% |
+67,172
| New | +$4.28M |
|
|
ALEX
1493
DELISTED
Alexander & Baldwin
ALEX
| $4.42M | 0.01% |
+268,218
| New | +$4.61M |
|
|
LSEA
1494
DELISTED
Landsea Homes
LSEA
| $4.42M | 0.01% |
303,900
+200,300
| +193% | +$2.52M |
|
1495
IPG Photonics
IPGP
$3.67B
| $4.41M | 0.01% |
+48,600
| New | +$4.57M |
|
1496
Paysign
PAYS
$514M
| $4.4M | 0.01% |
1,203,380
-22,269
| -2% | -$66.6K |
|
1497
Krystal Biotech
KRYS
$8.87B
| $4.39M | 0.01% |
+24,700
| New | +$3.43M |
|
1498
Universal Display
OLED
$3.69B
| $4.39M | 0.01% |
26,039
+9,039
| +53% | +$1.57M |
|
|
JBTM
1499
JBT Marel
JBTM
$7.39B
| $4.37M | 0.01% |
41,700
-8,300
| -17% | -$827K |
|
1500
NovoCure
NVCR
$1.78B
| $4.37M | 0.01% |
279,575
+178,200
| +176% | +$2.62M |
|
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.