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 | |
|---|---|---|---|---|---|---|
1576
Paysign
PAYS
$501M
| $4.2M | 0.01% |
1,158,258
+70,104
| +6% | +$239K |
|
|
CBAY
1577
DELISTED
Cymabay Therapeutics
CBAY
| $4.2M | 0.01% |
481,500
-24,400
| -5% | -$195K |
|
1578
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $4.19M | 0.01% |
+101,100
| New | +$4.21M |
|
|
CNH
1579
CNH Industrial
CNH
$12.7B
| $4.18M | 0.01% |
273,600
-312,572
| -53% | -$5.06M |
|
1580
Alignment Healthcare
ALHC
$3.08B
| $4.18M | 0.01% |
656,700
+119,200
| +22% | +$1.14M |
|
|
AD
1581
Array Digital Infrastructure
AD
$3.01B
| $4.17M | 0.01% |
201,362
-124,200
| -38% | -$2.78M |
|
1582
Atara Biotherapeutics
ATRA
$75.5M
| $4.17M | 0.01% |
57,508
+50,908
| +771% | +$4.94M |
|
1583
Genworth Financial
GNW
$3.76B
| $4.17M | 0.01% |
830,100
+391,300
| +89% | +$2.17M |
|
|
ONTF
1584
DELISTED
ON24
ONTF
| $4.17M | 0.01% |
475,634
-129,200
| -21% | -$1.14M |
|
1585
Asbury Automotive
ABG
$4.31B
| $4.16M | 0.01% |
+19,800
| New | +$4.2M |
|
1586
Reinsurance Group of America
RGA
$15.5B
| $4.13M | 0.01% |
31,100
-75,100
| -71% | -$10.6M |
|
1587
AeroVironment
AVAV
$7.56B
| $4.13M | 0.01% |
45,036
-11,100
| -20% | -$983K |
|
1588
MacroGenics
MGNX
$235M
| $4.12M | 0.01% |
574,823
+91,700
| +19% | +$552K |
|
1589
Hartford Financial Services
HIG
$38.9B
| $4.11M | 0.01% |
59,000
-601,000
| -91% | -$44.6M |
|
1590
James Hardie Industries
JHX
$15.3B
| $4.11M | 0.01% |
189,927
-48,600
| -20% | -$1.03M |
|
1591
EverQuote
EVER
$892M
| $4.08M | 0.01% |
293,308
-46,600
| -14% | -$696K |
|
1592
Shopify
SHOP
$152B
| $4.06M | 0.01% |
+84,700
| New | +$3.73M |
|
1593
SIGA Technologies
SIGA
$235M
| $4.05M | 0.01% |
704,636
-343,690
| -33% | -$2.3M |
|
|
ACB
1594
Aurora Cannabis
ACB
$173M
| $4.05M | 0.01% |
580,863
-11,986
| -2% | -$105K |
|
|
BBT
1595
Beacon Financial Corp
BBT
$2.66B
| $4.04M | 0.01% |
161,300
+20,000
| +14% | +$571K |
|
1596
Inogen
INGN
$175M
| $4.04M | 0.01% |
323,493
+16,993
| +6% | +$325K |
|
1597
Dime Commercial Bancshares
DCOM
$1.8B
| $4.03M | 0.01% |
177,465
-59,239
| -25% | -$1.75M |
|
|
INBX
1598
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $4.03M | 0.01% |
+213,500
| New | +$4.97M |
|
|
CWAN
1599
DELISTED
Clearwater Analytics
CWAN
| $4.02M | 0.01% |
252,100
+119,700
| +90% | +$2.09M |
|
1600
Alector
ALEC
$168M
| $4.02M | 0.01% |
649,961
+58,149
| +10% | +$473K |
|
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.