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 | |
|---|---|---|---|---|---|---|
|
TPC
1726
Tutor Perini Cor
TPC
$4.51B
| $3.27M | ﹤0.01% |
530,780
+31,700
| +6% | +$255K |
|
1727
Dorman Products
DORM
$3.82B
| $3.27M | ﹤0.01% |
37,900
-19,100
| -34% | -$1.7M |
|
1728
ARK Innovation ETF
ARKK
$5.84B
| $3.27M | ﹤0.01% |
81,000
+71,300
| +735% | +$2.73M |
|
1729
Eastman Chemical
EMN
$8.23B
| $3.26M | ﹤0.01% |
38,640
+22,100
| +134% | +$1.9M |
|
1730
Cytek Biosciences
CTKB
$557M
| $3.25M | ﹤0.01% |
353,500
-38,300
| -10% | -$412K |
|
|
ARCH
1731
DELISTED
Arch Resources, Inc.
ARCH
| $3.23M | ﹤0.01% |
24,600
-30,800
| -56% | -$4.46M |
|
1732
Wolverine World Wide
WWW
$1.62B
| $3.23M | ﹤0.01% |
189,600
+45,600
| +32% | +$695K |
|
1733
SmartFinancial
SMBK
$909M
| $3.23M | ﹤0.01% |
139,374
+100
| +0.1% | +$2.61K |
|
|
RTL
1734
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $3.22M | ﹤0.01% |
513,000
+28,980
| +6% | +$188K |
|
1735
ADMA Biologics
ADMA
$2.03B
| $3.22M | ﹤0.01% |
973,235
+277,300
| +40% | +$959K |
|
1736
Codexis
CDXS
$156M
| $3.22M | ﹤0.01% |
778,100
+449,100
| +137% | +$2.36M |
|
1737
GrafTech
EAF
$195M
| $3.22M | ﹤0.01% |
66,190
-176,100
| -73% | -$9.53M |
|
1738
Compass
COMP
$8.78B
| $3.21M | ﹤0.01% |
993,800
+524,400
| +112% | +$1.8M |
|
1739
Diodes
DIOD
$3.77B
| $3.21M | ﹤0.01% |
34,551
-23,400
| -40% | -$2.1M |
|
1740
Stepan Co
SCL
$1.44B
| $3.19M | ﹤0.01% |
31,000
+3,200
| +12% | +$336K |
|
|
ITIC
1741
Investors Title Co
ITIC
$551M
| $3.19M | ﹤0.01% |
21,100
| – | – |
|
|
EARN
1742
Ellington Residential Mortgage REIT
EARN
$164M
| $3.17M | ﹤0.01% |
434,600
+1,500
| +0.3% | +$11.4K |
|
1743
Genius Sports
GENI
$1.89B
| $3.17M | ﹤0.01% |
637,100
+243,600
| +62% | +$1.14M |
|
|
GRP.U
1744
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $3.16M | ﹤0.01% |
51,000
-91,000
| -64% | -$5.42M |
|
1745
Global Water Resources
GWRS
$210M
| $3.16M | ﹤0.01% |
253,947
+25,607
| +11% | +$346K |
|
|
CCC
1746
CCC Intelligent Solutions
CCC
$3.71B
| $3.15M | ﹤0.01% |
351,600
-14,800
| -4% | -$132K |
|
1747
Lakeland Financial Corp
LKFN
$1.56B
| $3.15M | ﹤0.01% |
50,356
+31,705
| +170% | +$2.21M |
|
|
ARNC
1748
DELISTED
Arconic Corporation
ARNC
| $3.15M | ﹤0.01% |
120,100
+69,700
| +138% | +$1.71M |
|
1749
SelectQuote
SLQT
$133M
| $3.14M | ﹤0.01% |
1,448,299
+588,999
| +69% | +$950K |
|
|
AFCG
1750
AFC Gamma
AFCG
$62.7M
| $3.14M | ﹤0.01% |
377,376
+225,140
| +148% | +$2.29M |
|
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.