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 | |
|---|---|---|---|---|---|---|
1651
RB Global
RBA
$20.4B
| $3.7M | ﹤0.01% |
65,800
-561,208
| -90% | -$33.1M |
|
1652
Provident Financial
PROV
$111M
| $3.69M | ﹤0.01% |
270,547
-7,400
| -3% | -$104K |
|
|
TPIC
1653
DELISTED
TPI Composites
TPIC
| $3.69M | ﹤0.01% |
282,600
-53,600
| -16% | -$683K |
|
1654
Braskem
BAK
$928M
| $3.68M | ﹤0.01% |
478,000
+93,333
| +24% | +$757K |
|
1655
Intapp
INTA
$2.52B
| $3.68M | ﹤0.01% |
82,100
-4,300
| -5% | -$151K |
|
1656
Hanmi Financial
HAFC
$945M
| $3.68M | ﹤0.01% |
197,980
-39,000
| -16% | -$886K |
|
1657
Pliant Therapeutics
PLRX
$64.4M
| $3.68M | ﹤0.01% |
138,200
+117,400
| +564% | +$3.34M |
|
1658
eHealth
EHTH
$42.2M
| $3.66M | ﹤0.01% |
391,328
-278,700
| -42% | -$2.19M |
|
1659
CareTrust REIT
CTRE
$9.91B
| $3.66M | ﹤0.01% |
186,900
-169,400
| -48% | -$3.31M |
|
1660
Viper Energy
VNOM
$8.71B
| $3.66M | ﹤0.01% |
130,661
-207,439
| -61% | -$6.23M |
|
1661
Zillow
ZG
$7.94B
| $3.66M | ﹤0.01% |
83,700
+18,100
| +28% | +$753K |
|
|
AVDX
1662
DELISTED
AvidXchange
AVDX
| $3.65M | ﹤0.01% |
468,500
+376,400
| +409% | +$3.62M |
|
|
JBGS
1663
JBG SMITH
JBGS
$818M
| $3.65M | ﹤0.01% |
242,386
+225,386
| +1,326% | +$4M |
|
1664
First Northwest Bancorp
FNWB
$109M
| $3.64M | ﹤0.01% |
316,906
-27,401
| -8% | -$388K |
|
|
LSXMA
1665
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $3.64M | ﹤0.01% |
176,250
+7,214
| +4% | +$181K |
|
1666
Gorman-Rupp
GRC
$2.14B
| $3.63M | ﹤0.01% |
145,415
-31,400
| -18% | -$836K |
|
1667
Halozyme
HALO
$9.79B
| $3.63M | ﹤0.01% |
95,141
-46,500
| -33% | -$2.18M |
|
1668
State Street Industrial Select Sector SPDR ETF
XLI
$32.7B
| $3.63M | ﹤0.01% |
+35,900
| New | +$3.61M |
|
1669
Patria Investments
PAX
$1.75B
| $3.62M | ﹤0.01% |
244,500
+19,600
| +9% | +$299K |
|
|
SFBS
1670
ServisFirst Bancshares
SFBS
$4.89B
| $3.6M | ﹤0.01% |
65,900
-34,432
| -34% | -$2.31M |
|
1671
MetLife
MET
$61.9B
| $3.6M | ﹤0.01% |
62,100
-702,000
| -92% | -$47.4M |
|
1672
Virgin Galactic
SPCE
$328M
| $3.6M | ﹤0.01% |
44,404
+38,659
| +673% | +$3.85M |
|
1673
Home Bancorp
HBCP
$561M
| $3.59M | ﹤0.01% |
108,673
-1,570
| -1% | -$59.3K |
|
|
INST
1674
DELISTED
Instructure Holdings, Inc.
INST
| $3.59M | ﹤0.01% |
138,500
+52,700
| +61% | +$1.36M |
|
|
CHCT
1675
Community Healthcare Trust
CHCT
$523M
| $3.58M | ﹤0.01% |
97,811
+66,511
| +212% | +$2.59M |
|
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.