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 | |
|---|---|---|---|---|---|---|
2251
Seer Inc
SEER
$122M
| $1.38M | ﹤0.01% |
358,400
+165,900
| +86% | +$763K |
|
2252
Construction Partners
ROAD
$6.03B
| $1.38M | ﹤0.01% |
+51,300
| New | +$1.4M |
|
2253
Urban One Class D
UONEK
$26.1M
| $1.38M | ﹤0.01% |
25,070
-180
| -0.7% | -$8.94K |
|
2254
Hydrofarm Holdings
HYFM
$9.15M
| $1.38M | ﹤0.01% |
79,661
+1,551
| +2% | +$27.4K |
|
2255
Zebra Technologies
ZBRA
$17.6B
| $1.38M | ﹤0.01% |
4,331
-111,100
| -96% | -$33.6M |
|
2256
Annexon
ANNX
$873M
| $1.38M | ﹤0.01% |
357,100
+47,000
| +15% | +$259K |
|
2257
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $1.37M | ﹤0.01% |
44,500
+32,400
| +268% | +$984K |
|
|
PTVE
2258
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $1.37M | ﹤0.01% |
171,800
+10,000
| +6% | +$103K |
|
|
MLVF
2259
DELISTED
Malvern Bancorp, Inc.
MLVF
| $1.37M | ﹤0.01% |
90,280
+10,716
| +13% | +$184K |
|
|
PVBC
2260
DELISTED
Provident Bancorp
PVBC
| $1.37M | ﹤0.01% |
200,072
+1,000
| +0.5% | +$8.3K |
|
2261
James River Group Holdings
JRVR
$213M
| $1.36M | ﹤0.01% |
66,100
+34,300
| +108% | +$756K |
|
|
DFSV
2262
Dimensional US Small Cap Value ETF
DFSV
$8.41B
| $1.36M | ﹤0.01% |
54,698
+16,998
| +45% | +$445K |
|
2263
Glaukos
GKOS
$10.1B
| $1.36M | ﹤0.01% |
27,192
-9,573
| -26% | -$465K |
|
2264
Vera Therapeutics
VERA
$2.15B
| $1.36M | ﹤0.01% |
174,800
+149,900
| +602% | +$1.16M |
|
2265
Valens Semiconductor
VLN
$189M
| $1.36M | ﹤0.01% |
424,938
+397,338
| +1,440% | +$1.81M |
|
2266
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$516M
| $1.35M | ﹤0.01% |
26,500
+1,983
| +8% | +$99.7K |
|
|
KRON
2267
DELISTED
Kronos Bio
KRON
| $1.35M | ﹤0.01% |
924,900
+76,600
| +9% | +$147K |
|
2268
Schwab Fundamental International Small Company Index ETF
FNDC
$3.12B
| $1.35M | ﹤0.01% |
40,651
+22,751
| +127% | +$746K |
|
2269
Kodak
KODK
$874M
| $1.34M | ﹤0.01% |
328,100
-46,900
| -13% | -$169K |
|
|
OLO
2270
DELISTED
Olo Inc
OLO
| $1.34M | ﹤0.01% |
164,700
-33,400
| -17% | -$257K |
|
|
NGM
2271
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.34M | ﹤0.01% |
329,500
-14,000
| -4% | -$64.7K |
|
2272
Lincoln Electric
LECO
$15.1B
| $1.34M | ﹤0.01% |
7,938
-54,200
| -87% | -$8.93M |
|
2273
Chemung Financial Corp
CHMG
$397M
| $1.34M | ﹤0.01% |
32,308
-10,283
| -24% | -$493K |
|
2274
OSI Systems
OSIS
$3.9B
| $1.34M | ﹤0.01% |
13,100
-9,500
| -42% | -$880K |
|
|
BLPH
2275
DELISTED
Bellerophon Therapeutics, Inc.
BLPH
| $1.34M | ﹤0.01% |
169,899
-1,900
| -1% | -$6.62K |
|
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.