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 | |
|---|---|---|---|---|---|---|
|
WHWK
2326
Whitehawk Therapeutics
WHWK
$190M
| $1.27M | ﹤0.01% |
543,722
+145,000
| +36% | +$279K |
|
2327
Green Brick Partners
GRBK
$3.04B
| $1.27M | ﹤0.01% |
+21,109
| New | +$1.13M |
|
2328
Codexis
CDXS
$151M
| $1.27M | ﹤0.01% |
+363,986
| New | +$1.15M |
|
2329
VanEck Pharmaceutical ETF
PPH
$917M
| $1.27M | ﹤0.01% |
13,998
-5,602
| -29% | -$490K |
|
2330
Crescent Energy
CRGY
$3.79B
| $1.27M | ﹤0.01% |
+106,400
| New | +$1.2M |
|
2331
iShare MSCI Eurozone ETF
EZU
$9.73B
| $1.27M | ﹤0.01% |
24,800
+10,100
| +69% | +$487K |
|
2332
EverQuote
EVER
$892M
| $1.26M | ﹤0.01% |
68,008
-35,400
| -34% | -$520K |
|
2333
HUTCHMED
HCM
$1.93B
| $1.26M | ﹤0.01% |
75,100
-7,200
| -9% | -$109K |
|
2334
Mama's Creations
MAMA
$857M
| $1.26M | ﹤0.01% |
251,953
-187,578
| -43% | -$888K |
|
|
ACHL
2335
DELISTED
Achilles Therapeutics
ACHL
| $1.26M | ﹤0.01% |
1,005,759
+506,764
| +102% | +$547K |
|
|
DENN
2336
DELISTED
Denny's
DENN
| $1.26M | ﹤0.01% |
140,123
-88,000
| -39% | -$864K |
|
2337
Futu Holdings
FUTU
$14.7B
| $1.26M | ﹤0.01% |
23,200
+13,200
| +132% | +$681K |
|
2338
Bloom Energy
BE
$60.6B
| $1.25M | ﹤0.01% |
+111,500
| New | +$1.23M |
|
2339
iShares MSCI Intl Value Factor ETF
IVLU
$4.47B
| $1.25M | ﹤0.01% |
44,400
-30,600
| -41% | -$822K |
|
2340
Xtrackers S&P 500 ESG ETF
SNPE
$2.69B
| $1.25M | ﹤0.01% |
26,200
-3,600
| -12% | -$164K |
|
2341
Yext
YEXT
$547M
| $1.25M | ﹤0.01% |
207,200
-10,900
| -5% | -$64.5K |
|
2342
Alerian MLP ETF
AMLP
$13B
| $1.25M | ﹤0.01% |
26,300
-55,800
| -68% | -$2.51M |
|
|
OGI
2343
Organigram Holdings
OGI
$132M
| $1.25M | ﹤0.01% |
580,248
+58,200
| +11% | +$113K |
|
|
QIPT
2344
DELISTED
Quipt Home Medical
QIPT
| $1.25M | ﹤0.01% |
285,400
+50,076
| +21% | +$226K |
|
|
VTLE
2345
DELISTED
Vital Energy
VTLE
| $1.25M | ﹤0.01% |
+23,730
| New | +$1.1M |
|
|
PDM
2346
Piedmont Realty Trust
PDM
$1.21B
| $1.25M | ﹤0.01% |
177,200
+121,400
| +218% | +$814K |
|
2347
Clear Channel Outdoor Holdings
CCO
$1.23B
| $1.24M | ﹤0.01% |
754,088
+210,307
| +39% | +$359K |
|
2348
State Street SPDR S&P Insurance ETF
KIE
$640M
| $1.24M | ﹤0.01% |
23,900
-68,000
| -74% | -$3.3M |
|
2349
Great Elm Group
GEG
$67.4M
| $1.24M | ﹤0.01% |
647,271
-27,205
| -4% | -$52.3K |
|
|
FNGA
2350
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $1.24M | ﹤0.01% |
+3,800
| New | +$1.11M |
|
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.