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 | |
|---|---|---|---|---|---|---|
|
ENZ
1751
DELISTED
Enzo Biochem, Inc.
ENZ
| $3.09M | ﹤0.01% |
2,435,129
-44,066
| -2% | -$58.2K |
|
1752
Crocs
CROX
$6.14B
| $3.09M | ﹤0.01% |
21,500
-50,200
| -70% | -$5.72M |
|
|
TBI
1753
Trueblue
TBI
$215M
| $3.08M | ﹤0.01% |
+246,400
| New | +$3.19M |
|
1754
First Trust Smith Unconstrained Bond ETF
UCON
$3.27B
| $3.08M | ﹤0.01% |
125,300
+62,200
| +99% | +$1.53M |
|
1755
Innovative Solutions & Support
ISSC
$327M
| $3.07M | ﹤0.01% |
419,787
+10,377
| +3% | +$83.5K |
|
1756
Laureate Education
LAUR
$5.28B
| $3.07M | ﹤0.01% |
210,800
+93,508
| +80% | +$1.24M |
|
1757
State Street SPDR S&P Metals & Mining ETF
XME
$3.94B
| $3.06M | ﹤0.01% |
50,800
-50,700
| -50% | -$2.9M |
|
|
CTO
1758
CTO Realty Growth
CTO
$824M
| $3.06M | ﹤0.01% |
180,601
-18,600
| -9% | -$313K |
|
1759
Ardagh Metal Packaging
AMBP
$2.83B
| $3.06M | ﹤0.01% |
891,432
-232,700
| -21% | -$833K |
|
1760
Kodiak Sciences
KOD
$2.6B
| $3.06M | ﹤0.01% |
581,400
-38,899
| -6% | -$191K |
|
|
TIXT
1761
DELISTED
TELUS International
TIXT
| $3.05M | ﹤0.01% |
360,100
-28,300
| -7% | -$261K |
|
1762
Liberty Latin America Class C
LILAK
$1.63B
| $3.04M | ﹤0.01% |
478,968
+25,740
| +6% | +$159K |
|
1763
RLX Technology
RLX
$2.47B
| $3.04M | ﹤0.01% |
1,584,900
-2,198,800
| -58% | -$4.2M |
|
|
HRT
1764
DELISTED
HireRight Holdings Corporation
HRT
| $3.04M | ﹤0.01% |
212,800
-12,600
| -6% | -$169K |
|
1765
Nordic American Tanker
NAT
$1.38B
| $3.03M | ﹤0.01% |
773,715
+32,315
| +4% | +$136K |
|
1766
Grindr
GRND
$3.08B
| $3.02M | ﹤0.01% |
298,600
-123,100
| -29% | -$1.1M |
|
1767
Global Water Resources
GWRS
$206M
| $3.01M | ﹤0.01% |
234,447
-14,604
| -6% | -$183K |
|
1768
Heartland Express
HTLD
$948M
| $3M | ﹤0.01% |
251,433
+179,351
| +249% | +$2.28M |
|
|
1769
Liberty Latin America Class A
LILA
$1.64B
| $2.99M | ﹤0.01% |
632,016
+101,568
| +19% | +$465K |
|
1770
Rigel Pharmaceuticals
RIGL
$681M
| $2.99M | ﹤0.01% |
202,019
+70,196
| +53% | +$946K |
|
1771
Neurogene
NGNE
$656M
| $2.99M | ﹤0.01% |
58,707
+8,513
| +17% | +$284K |
|
1772
Harvard Bioscience
HBIO
$27.5M
| $2.98M | ﹤0.01% |
70,248
-1,790
| -2% | -$80.5K |
|
1773
Life Time Group Holdings
LTH
$10.1B
| $2.98M | ﹤0.01% |
191,900
+102,400
| +114% | +$1.42M |
|
1774
Hyster-Yale Materials Handling
HY
$599M
| $2.98M | ﹤0.01% |
46,400
-5,485
| -11% | -$352K |
|
|
GRP.U
1775
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $2.98M | ﹤0.01% |
52,000
+5,300
| +11% | +$295K |
|
Similar funds
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.