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 | |
|---|---|---|---|---|---|---|
1501
Transmedics
TMDX
$2.64B
| $4.79M | 0.01% |
+63,199
| New | +$4.37M |
|
|
IBTE
1502
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $4.78M | 0.01% |
198,902
-277,298
| -58% | -$6.62M |
|
1503
Trimble
TRMB
$13.2B
| $4.77M | 0.01% |
+91,016
| New | +$4.86M |
|
1504
Tronox
TROX
$932M
| $4.76M | 0.01% |
331,100
-316,500
| -49% | -$4.88M |
|
1505
American Well
AMWL
$180M
| $4.76M | 0.01% |
100,790
-1,560
| -2% | -$100K |
|
1506
Gray Television
GTN
$415M
| $4.71M | 0.01% |
540,650
+386,083
| +250% | +$4.3M |
|
1507
Gilat Satellite Networks
GILT
$834M
| $4.71M | 0.01% |
919,047
+32,214
| +4% | +$183K |
|
1508
El Pollo Loco
LOCO
$501M
| $4.7M | 0.01% |
489,884
+50,084
| +11% | +$570K |
|
1509
Merit Medical Systems
MMSI
$5.08B
| $4.7M | 0.01% |
+63,512
| New | +$4.46M |
|
1510
Amplify Energy
AMPY
$161M
| $4.68M | 0.01% |
680,700
+138,900
| +26% | +$1.14M |
|
1511
Limbach Holdings
LMB
$855M
| $4.68M | 0.01% |
270,271
+29,900
| +12% | +$406K |
|
1512
Consolidated Water Co
CWCO
$467M
| $4.67M | 0.01% |
284,267
-6,900
| -2% | -$103K |
|
1513
Resources Connection
RGP
$151M
| $4.66M | 0.01% |
273,001
-33,242
| -11% | -$583K |
|
1514
Center Bancorp
CNOB
$1.66B
| $4.65M | 0.01% |
263,187
-9,500
| -3% | -$216K |
|
1515
Ethan Allen Interiors
ETD
$570M
| $4.65M | 0.01% |
169,400
-75,400
| -31% | -$2.14M |
|
1516
Arcosa
ACA
$7.13B
| $4.64M | 0.01% |
73,600
-76,600
| -51% | -$4.5M |
|
1517
Capital City Bank Group
CCBG
$888M
| $4.62M | 0.01% |
157,771
-1,900
| -1% | -$61.7K |
|
|
ISEE
1518
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $4.62M | 0.01% |
189,700
+176,100
| +1,295% | +$3.86M |
|
|
SUP
1519
DELISTED
Superior Industries International
SUP
| $4.61M | 0.01% |
931,709
+121,700
| +15% | +$670K |
|
1520
Axcelis
ACLS
$4.01B
| $4.61M | 0.01% |
+34,599
| New | +$4.07M |
|
1521
iShares MSCI Saudi Arabia ETF
KSA
$623M
| $4.6M | 0.01% |
118,859
+67,859
| +133% | +$2.57M |
|
1522
International Bancshares
IBOC
$4.76B
| $4.6M | 0.01% |
107,400
-7,937
| -7% | -$361K |
|
1523
Cohu
COHU
$2.26B
| $4.59M | 0.01% |
119,554
+33,200
| +38% | +$1.2M |
|
|
TPH
1524
DELISTED
Tri Pointe Homes
TPH
| $4.58M | 0.01% |
181,036
-67,400
| -27% | -$1.53M |
|
1525
Digi International
DGII
$2.63B
| $4.58M | 0.01% |
135,884
+85,900
| +172% | +$2.94M |
|
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.