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 | |
|---|---|---|---|---|---|---|
|
SPYM
1601
State Street SPDR Portfolio S&P 500 ETF
SPYM
$164B
| $3.75M | 0.01% |
61,000
-24,500
| -29% | -$1.43M |
|
1602
NETGEAR
NTGR
$648M
| $3.75M | 0.01% |
237,818
+28,800
| +14% | +$419K |
|
1603
Granite Construction
GVA
$5.43B
| $3.73M | 0.01% |
+65,265
| New | +$3.25M |
|
1604
Vita Coco
COCO
$3.67B
| $3.73M | 0.01% |
152,500
-43,200
| -22% | -$1M |
|
1605
CNX Resources
CNX
$5.33B
| $3.72M | 0.01% |
156,916
-73,700
| -32% | -$1.53M |
|
1606
HUB Group
HUBG
$2.83B
| $3.72M | 0.01% |
+86,061
| New | +$3.77M |
|
1607
DLH Holdings
DLHC
$72.8M
| $3.72M | 0.01% |
280,168
+8,100
| +3% | +$125K |
|
1608
West Bancorporation
WTBA
$481M
| $3.72M | 0.01% |
208,552
-1,400
| -0.7% | -$25.8K |
|
1609
Encore Capital Group
ECPG
$2.06B
| $3.71M | 0.01% |
81,405
+22,705
| +39% | +$1.12M |
|
1610
AAR Corp
AIR
$5.71B
| $3.71M | 0.01% |
62,000
-67,060
| -52% | -$4.17M |
|
1611
Excelerate Energy
EE
$1.24B
| $3.7M | 0.01% |
231,000
+18,736
| +9% | +$281K |
|
1612
Plains GP Holdings
PAGP
$5.15B
| $3.7M | 0.01% |
202,753
-40,568
| -17% | -$684K |
|
|
OLK
1613
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $3.7M | 0.01% |
157,300
+143,400
| +1,032% | +$3.46M |
|
1614
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.12B
| $3.69M | 0.01% |
+77,700
| New | +$3.68M |
|
1615
Dimensional US High Profitability ETF
DUHP
$12.4B
| $3.68M | 0.01% |
116,400
-92,500
| -44% | -$2.77M |
|
1616
JPMorgan US Quality Factor ETF
JQUA
$8.28B
| $3.67M | 0.01% |
69,400
-77,500
| -53% | -$3.91M |
|
1617
NMI Holdings
NMIH
$3.35B
| $3.67M | 0.01% |
113,400
-158,153
| -58% | -$4.77M |
|
|
FARO
1618
DELISTED
Faro Technologies
FARO
| $3.67M | 0.01% |
170,442
+36,300
| +27% | +$787K |
|
1619
Arhaus
ARHS
$1.12B
| $3.64M | 0.01% |
236,700
+173,697
| +276% | +$2.24M |
|
1620
SI-BONE Inc
SIBN
$818M
| $3.64M | 0.01% |
222,400
+89,700
| +68% | +$1.69M |
|
|
TGI
1621
DELISTED
Triumph Group
TGI
| $3.64M | 0.01% |
242,100
+133,400
| +123% | +$1.99M |
|
1622
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$191M
| $3.64M | 0.01% |
108,700
-42,000
| -28% | -$1.42M |
|
1623
Full House Resorts
FLL
$83M
| $3.64M | 0.01% |
653,090
-31,500
| -5% | -$156K |
|
1624
Insmed
INSM
$21.3B
| $3.63M | 0.01% |
+133,987
| New | +$3.75M |
|
1625
F&G Annuities & Life
FG
$3.85B
| $3.63M | 0.01% |
89,627
+63,559
| +244% | +$2.66M |
|
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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.