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 | |
|---|---|---|---|---|---|---|
1776
Pampa Energía
PAM
$4.75B
| $2.97M | ﹤0.01% |
+68,913
| New | +$3.07M |
|
1777
Robert Half
RHI
$3.87B
| $2.96M | ﹤0.01% |
37,405
-44,195
| -54% | -$3.56M |
|
1778
iShares US Real Estate ETF
IYR
$4.67B
| $2.96M | ﹤0.01% |
+32,900
| New | +$2.91M |
|
1779
Cameco
CCJ
$37.6B
| $2.95M | ﹤0.01% |
68,200
-376,900
| -85% | -$16.5M |
|
1780
Mettler-Toledo International
MTD
$28.6B
| $2.93M | ﹤0.01% |
2,200
-21,600
| -91% | -$26.6M |
|
1781
Adtran
ADTN
$689M
| $2.93M | ﹤0.01% |
538,240
+52,867
| +11% | +$337K |
|
1782
SmartFinancial
SMBK
$896M
| $2.92M | ﹤0.01% |
138,774
+100
| +0.1% | +$2.21K |
|
1783
The Honest Company
HNST
$402M
| $2.92M | ﹤0.01% |
721,700
+178,700
| +33% | +$603K |
|
|
PENG
1784
Penguin Solutions Inc
PENG
$2.7B
| $2.92M | ﹤0.01% |
110,972
-61,400
| -36% | -$1.34M |
|
1785
Dave Inc
DAVE
$4.74B
| $2.92M | ﹤0.01% |
78,600
+45,900
| +140% | +$1.06M |
|
1786
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.17B
| $2.91M | ﹤0.01% |
70,900
-5,900
| -8% | -$231K |
|
1787
iShares Russell 3000 ETF
IWV
$19.9B
| $2.91M | ﹤0.01% |
9,700
+3,100
| +47% | +$884K |
|
1788
Invesco S&P 500 Pure Value ETF
RPV
$1.67B
| $2.9M | ﹤0.01% |
32,800
+28,600
| +681% | +$2.37M |
|
|
AMJ
1789
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $2.9M | ﹤0.01% |
101,700
+13,100
| +15% | +$352K |
|
|
KALV
1790
DELISTED
KalVista Pharmaceuticals
KALV
| $2.89M | ﹤0.01% |
243,484
+201,184
| +476% | +$2.68M |
|
1791
Under Armour Class C
UA
$2.77B
| $2.89M | ﹤0.01% |
404,410
-396,290
| -49% | -$3.03M |
|
1792
RXO
RXO
$3.34B
| $2.88M | ﹤0.01% |
+131,800
| New | +$2.82M |
|
1793
Knight Transportation
KNX
$11.3B
| $2.87M | ﹤0.01% |
+52,227
| New | +$2.95M |
|
1794
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.64B
| $2.86M | ﹤0.01% |
148,982
+16,082
| +12% | +$309K |
|
1795
Tidal Trust II Defiance Nasdaq 100 Weekly Distribution ETF
QQQY
$184M
| $2.85M | ﹤0.01% |
57,067
-28,133
| -33% | -$1.45M |
|
1796
America's Car Mart
CRMT
$26.6M
| $2.85M | ﹤0.01% |
+44,572
| New | +$2.83M |
|
1797
First Bancorp
FNLC
$396M
| $2.85M | ﹤0.01% |
115,563
-1,600
| -1% | -$39.4K |
|
1798
Domo
DOMO
$174M
| $2.85M | ﹤0.01% |
318,900
-47,700
| -13% | -$496K |
|
1799
Hanmi Financial
HAFC
$945M
| $2.84M | ﹤0.01% |
178,652
-19,428
| -10% | -$317K |
|
1800
InfuSystem Holdings
INFU
$184M
| $2.82M | ﹤0.01% |
328,809
-7,500
| -2% | -$70.5K |
|
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.