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 | |
|---|---|---|---|---|---|---|
|
FOCS
1826
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.77M | ﹤0.01% |
53,300
-6,900
| -11% | -$333K |
|
1827
FTI Consulting
FCN
$4.37B
| $2.76M | ﹤0.01% |
14,000
-14,300
| -51% | -$2.49M |
|
1828
Blue Bird Corp
BLBD
$2.36B
| $2.76M | ﹤0.01% |
134,918
+18,400
| +16% | +$328K |
|
1829
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.63B
| $2.75M | ﹤0.01% |
69,300
-10,100
| -13% | -$402K |
|
1830
Silvercrest Asset Management
SAMG
$80.4M
| $2.73M | ﹤0.01% |
150,187
+1,900
| +1% | +$34.3K |
|
|
NXDR
1831
Nextdoor Holdings
NXDR
$866M
| $2.73M | ﹤0.01% |
1,267,400
+148,200
| +13% | +$316K |
|
1832
FNB Corp
FNB
$6.83B
| $2.72M | ﹤0.01% |
234,800
-81,500
| -26% | -$1.09M |
|
|
SWI
1833
DELISTED
SolarWinds Corporation Common Stock
SWI
| $2.72M | ﹤0.01% |
316,598
+123,900
| +64% | +$1.15M |
|
1834
Telos
TLS
$349M
| $2.71M | ﹤0.01% |
1,072,500
+293,355
| +38% | +$1.2M |
|
|
PRPH
1835
DELISTED
ProPhase Labs
PRPH
| $2.71M | ﹤0.01% |
35,551
-3,390
| -9% | -$273K |
|
1836
Turning Point Brands
TPB
$1.56B
| $2.71M | ﹤0.01% |
128,952
+4,600
| +4% | +$101K |
|
1837
HighPeak Energy
HPK
$888M
| $2.71M | ﹤0.01% |
117,600
-34,900
| -23% | -$889K |
|
1838
OptimizeRx
OPRX
$123M
| $2.7M | ﹤0.01% |
184,400
+143,417
| +350% | +$2.4M |
|
|
KDNY
1839
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $2.7M | ﹤0.01% |
116,562
-65,100
| -36% | -$1.55M |
|
1840
Xperi
XPER
$377M
| $2.7M | ﹤0.01% |
246,773
-33,800
| -12% | -$352K |
|
1841
Chefs' Warehouse
CHEF
$4.54B
| $2.69M | ﹤0.01% |
79,149
-113,300
| -59% | -$3.98M |
|
1842
The Bancorp
TBBK
$2.96B
| $2.69M | ﹤0.01% |
96,700
-1,700
| -2% | -$54K |
|
1843
Varex Imaging
VREX
$502M
| $2.69M | ﹤0.01% |
148,000
+15,500
| +12% | +$295K |
|
1844
Customers Bancorp
CUBI
$2.72B
| $2.69M | ﹤0.01% |
145,020
-26,700
| -16% | -$728K |
|
1845
Frontier Group Holdings
ULCC
$1.77B
| $2.68M | ﹤0.01% |
272,666
-348,734
| -56% | -$3.89M |
|
1846
Huron Consulting
HURN
$2.39B
| $2.68M | ﹤0.01% |
33,358
-14,801
| -31% | -$1.08M |
|
|
DEA
1847
Easterly Government Properties
DEA
$1.17B
| $2.67M | ﹤0.01% |
77,800
-27,760
| -26% | -$1.04M |
|
1848
Credo Technology Group
CRDO
$40.7B
| $2.67M | ﹤0.01% |
+283,538
| New | +$3.58M |
|
|
OLPX
1849
DELISTED
Olaplex Holdings
OLPX
| $2.67M | ﹤0.01% |
625,500
-645,200
| -51% | -$3.44M |
|
1850
Martin Marietta Materials
MLM
$32.6B
| $2.66M | ﹤0.01% |
+7,494
| New | +$2.63M |
|
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.