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 | |
|---|---|---|---|---|---|---|
1976
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.5B
| $2.19M | ﹤0.01% |
21,100
-8,400
| -28% | -$828K |
|
1977
Bowman Consulting
BWMN
$486M
| $2.18M | ﹤0.01% |
62,621
+3,800
| +6% | +$131K |
|
1978
Genworth Financial
GNW
$3.76B
| $2.18M | ﹤0.01% |
338,900
-116,500
| -26% | -$729K |
|
1979
ZTO Express
ZTO
$18.2B
| $2.18M | ﹤0.01% |
104,000
-1,141,900
| -92% | -$21.8M |
|
1980
MillerKnoll
MLKN
$1.66B
| $2.17M | ﹤0.01% |
87,700
+42,600
| +94% | +$1.2M |
|
1981
Pitney Bowes
PBI
$2.52B
| $2.17M | ﹤0.01% |
500,571
+354,100
| +242% | +$1.46M |
|
1982
Enpro
NPO
$7.07B
| $2.16M | ﹤0.01% |
12,800
+1,200
| +10% | +$186K |
|
|
KREF
1983
KKR Real Estate Finance Trust
KREF
$460M
| $2.16M | ﹤0.01% |
+214,600
| New | +$2.35M |
|
1984
Four Corners Property Trust
FCPT
$2.76B
| $2.15M | ﹤0.01% |
+88,000
| New | +$2.12M |
|
|
DOG
1985
ProShares Short Dow30
DOG
$97.1M
| $2.15M | ﹤0.01% |
+76,000
| New | +$2.23M |
|
1986
Grid Dynamics Holdings
GDYN
$588M
| $2.15M | ﹤0.01% |
174,800
-23,000
| -12% | -$300K |
|
1987
Orion Group Holdings
ORN
$412M
| $2.15M | ﹤0.01% |
261,797
-4,000
| -2% | -$26K |
|
1988
InvenTrust Properties
IVT
$2.66B
| $2.14M | ﹤0.01% |
83,100
+12,300
| +17% | +$310K |
|
1989
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.1B
| $2.13M | ﹤0.01% |
51,914
+25,214
| +94% | +$1.03M |
|
1990
Alkami Technology
ALKT
$2.02B
| $2.13M | ﹤0.01% |
+86,800
| New | +$2.13M |
|
|
CCRD
1991
DELISTED
CoreCard
CCRD
| $2.13M | ﹤0.01% |
192,297
+2,600
| +1% | +$30.9K |
|
1992
iShares Russell Top 200 ETF
IWL
$2.27B
| $2.12M | ﹤0.01% |
16,700
+3,400
| +26% | +$412K |
|
1993
ARKO Corp
ARKO
$840M
| $2.11M | ﹤0.01% |
370,432
-39,868
| -10% | -$291K |
|
|
CVLY
1994
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $2.11M | ﹤0.01% |
92,605
+6,200
| +7% | +$145K |
|
1995
Dana Inc
DAN
$2.97B
| $2.11M | ﹤0.01% |
165,800
+38,900
| +31% | +$504K |
|
1996
BlackLine
BL
$1.94B
| $2.1M | ﹤0.01% |
+32,500
| New | +$1.97M |
|
1997
First Trust Capital Strength ETF
FTCS
$7.92B
| $2.1M | ﹤0.01% |
24,500
+11,600
| +90% | +$957K |
|
|
CTLP
1998
DELISTED
Cantaloupe
CTLP
| $2.1M | ﹤0.01% |
326,200
+123,000
| +61% | +$811K |
|
1999
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.9B
| $2.1M | ﹤0.01% |
60,200
-3,200
| -5% | -$104K |
|
2000
First Watch Restaurant Group
FWRG
$789M
| $2.1M | ﹤0.01% |
85,100
-159,002
| -65% | -$3.6M |
|
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.