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 |
Advanced Micro Devices
AMD
|
+$848M |
| 2 |
Tesla
TSLA
|
+$759M |
| 3 |
Home Depot
HD
|
+$653M |
| 4 |
Meta Platforms (Facebook)
META
|
+$567M |
| 5 |
Wells Fargo
WFC
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$786M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$409M |
| 3 |
Micron Technology
MU
|
+$379M |
| 4 |
AT&T
T
|
+$372M |
| 5 |
Medtronic
MDT
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.69% |
| 2 | Technology | 14.95% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Consumer Staples | 10.7% |
| 5 | Communication Services | 8.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1701
InfuSystem Holdings
INFU
$245M
| $4.35M | 0.01% |
443,909
+35,400
| +9% | +$455K |
|
1702
Credicorp
BAP
$31.4B
| $4.35M | 0.01% |
25,300
-11,106
| -31% | -$1.68M |
|
1703
Gorman-Rupp
GRC
$2.25B
| $4.35M | 0.01% |
121,115
+17,115
| +16% | +$664K |
|
|
ITOS
1704
DELISTED
iTeos Therapeutics
ITOS
| $4.32M | 0.01% |
134,200
+101,100
| +305% | +$3.67M |
|
|
SP
1705
DELISTED
SP Plus Corporation
SP
| $4.32M | 0.01% |
137,700
+7,800
| +6% | +$226K |
|
1706
Badger Meter
BMI
$4.04B
| $4.32M | 0.01% |
43,300
+20,575
| +91% | +$2.02M |
|
1707
Hanmi Financial
HAFC
$961M
| $4.31M | 0.01% |
175,180
+359
| +0.2% | +$9.25K |
|
1708
Peoples Bancorp
PEBO
$1.5B
| $4.31M | 0.01% |
137,691
-21,807
| -14% | -$707K |
|
|
AVID
1709
DELISTED
Avid Technology Inc
AVID
| $4.31M | 0.01% |
123,600
+49,300
| +66% | +$1.53M |
|
1710
Aterian
ATER
$5.49M
| $4.31M | 0.01% |
+147,708
| New | +$5.41M |
|
1711
iQIYI
IQ
$1.24B
| $4.29M | 0.01% |
944,700
-2,217,630
| -70% | -$9.25M |
|
|
SUP
1712
DELISTED
Superior Industries International
SUP
| $4.28M | 0.01% |
918,009
-89,000
| -9% | -$389K |
|
1713
Deckers Outdoor
DECK
$13.5B
| $4.27M | 0.01% |
+93,600
| New | +$4.64M |
|
1714
Gulfport Energy Corp
GPOR
$2.81B
| $4.26M | 0.01% |
47,400
+32,100
| +210% | +$2.33M |
|
|
AVDX
1715
DELISTED
AvidXchange
AVDX
| $4.25M | 0.01% |
528,000
+377,569
| +251% | +$3.81M |
|
1716
First Community Bankshares
FCBC
$917M
| $4.22M | 0.01% |
149,586
+3,717
| +3% | +$114K |
|
|
ILPT
1717
Industrial Logistics Properties Trust
ILPT
$584M
| $4.22M | ﹤0.01% |
+186,000
| New | +$4.25M |
|
1718
Preformed Line Products
PLPC
$2.3B
| $4.22M | ﹤0.01% |
66,474
-9,626
| -13% | -$577K |
|
1719
Rush Street Interactive
RSI
$2.67B
| $4.22M | ﹤0.01% |
+579,900
| New | +$5.85M |
|
|
PWOD
1720
DELISTED
Penns Woods Bancorp
PWOD
| $4.21M | ﹤0.01% |
172,369
-14,100
| -8% | -$342K |
|
|
LBC
1721
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $4.21M | ﹤0.01% |
316,768
-5,000
| -2% | -$67K |
|
1722
FS Bancorp
FSBW
$323M
| $4.21M | ﹤0.01% |
135,733
-267
| -0.2% | -$8.69K |
|
|
EMKR
1723
DELISTED
Emcore Corp
EMKR
| $4.21M | ﹤0.01% |
113,641
+16,661
| +17% | +$798K |
|
1724
Kinetik
KNTK
$3.56B
| $4.2M | ﹤0.01% |
129,062
+117,262
| +994% | +$3.83M |
|
1725
Golar LNG
GLNG
$5.11B
| $4.19M | ﹤0.01% |
+169,200
| New | +$2.79M |
|
Similar funds
Renaissance Technologies's Q1 2022 Portfolio in Review
As of Q1 2022, Renaissance Technologies held 4,686 positions worth $85.2B, up 6% from $80.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies deployed $8.98B of net new capital in Q1 2022, opening 822 new positions and adding to 1,556 existing holdings. Its largest new stake was Advanced Micro Devices: 7,107,290 shares worth $777M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Berkshire Hathaway Class A, an estimated $409M trimmed.
- Renaissance Technologies's largest Q1 2022 buy was Advanced Micro Devices: 7,107,290 shares worth $777M.
- Renaissance Technologies added most to Tesla in Q1 2022, an estimated $759M increase.
- Renaissance Technologies's biggest Q1 2022 reduction was Berkshire Hathaway Class A, cutting an estimated $409M.
- Renaissance Technologies fully exited Microsoft in Q1 2022, selling an estimated $786M.
- Renaissance Technologies's ten largest holdings make up 12% of its $85.2B portfolio in Q1 2022.
- Renaissance Technologies opened 822 new positions and closed 650 in Q1 2022.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $85.2B.
Based on Renaissance Technologies's 13F filing for Q1 2022, filed 13 May 2022.