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 | |
|---|---|---|---|---|---|---|
1926
Quest Resource Holding
QRHC
$27.2M
| $2.36M | ﹤0.01% |
274,792
-22,100
| -7% | -$157K |
|
1927
ReposiTrak
TRAK
$158M
| $2.35M | ﹤0.01% |
148,363
-18,500
| -11% | -$243K |
|
|
CDTX
1928
DELISTED
Cidara Therapeutics
CDTX
| $2.35M | ﹤0.01% |
127,749
+37,640
| +42% | +$540K |
|
1929
Transportadora de Gas del Sur
TGS
$4.56B
| $2.35M | ﹤0.01% |
+155,454
| New | +$2.17M |
|
1930
Riley Exploration Permian
REPX
$731M
| $2.35M | ﹤0.01% |
71,100
+17,200
| +32% | +$430K |
|
1931
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.31B
| $2.35M | ﹤0.01% |
57,300
-62,798
| -52% | -$2.43M |
|
|
OMCC
1932
DELISTED
Old Market Capital Corp
OMCC
| $2.34M | ﹤0.01% |
346,651
-5,300
| -2% | -$36.9K |
|
|
AZUL
1933
DELISTED
Azul
AZUL
| $2.32M | ﹤0.01% |
298,745
+130,845
| +78% | +$1.04M |
|
1934
Vanguard S&P 500 Growth ETF
VOOG
$27.1B
| $2.32M | ﹤0.01% |
45,600
+27,600
| +153% | +$1.33M |
|
1935
Treace Medical Concepts
TMCI
$306M
| $2.31M | ﹤0.01% |
177,400
+139,098
| +363% | +$1.85M |
|
1936
ARK 21Shares Bitcoin ETF
ARKB
$2.44B
| $2.31M | ﹤0.01% |
+97,500
| New | +$1.78M |
|
1937
First Advantage
FA
$3.48B
| $2.31M | ﹤0.01% |
142,100
-81,900
| -37% | -$1.34M |
|
|
KWY
1938
Kingsway Corp
KWY
$267M
| $2.3M | ﹤0.01% |
276,315
-16,379
| -6% | -$141K |
|
1939
Maui Land & Pineapple Co
MLP
$354M
| $2.3M | ﹤0.01% |
106,349
-600
| -0.6% | -$11.8K |
|
1940
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $2.3M | ﹤0.01% |
35,900
+600
| +2% | +$36.6K |
|
1941
Simmons First National
SFNC
$3.49B
| $2.29M | ﹤0.01% |
+117,857
| New | +$2.23M |
|
1942
Organogenesis Holdings
ORGO
$309M
| $2.29M | ﹤0.01% |
807,100
-50,625
| -6% | -$172K |
|
|
SEVN
1943
Seven Hills Realty Trust
SEVN
$173M
| $2.29M | ﹤0.01% |
177,400
+6,983
| +4% | +$89.8K |
|
|
YALA
1944
Yalla Group
YALA
$837M
| $2.29M | ﹤0.01% |
475,700
| – | – |
|
1945
Expensify
EXFY
$185M
| $2.28M | ﹤0.01% |
1,240,800
+360,000
| +41% | +$683K |
|
1946
Westamerica Bancorp
WABC
$1.4B
| $2.28M | ﹤0.01% |
+46,566
| New | +$2.26M |
|
1947
Vanguard S&P 500 Value ETF
VOOV
$6.71B
| $2.27M | ﹤0.01% |
12,600
+4,300
| +52% | +$739K |
|
1948
Sagimet Biosciences
SGMT
$484M
| $2.27M | ﹤0.01% |
419,400
+396,400
| +1,723% | +$2.85M |
|
1949
Global X MLP ETF
MLPA
$2.28B
| $2.27M | ﹤0.01% |
47,100
-5,200
| -10% | -$240K |
|
1950
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.38B
| $2.27M | ﹤0.01% |
25,439
+7,339
| +41% | +$636K |
|
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.