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 | |
|---|---|---|---|---|---|---|
2351
Everspin Technologies
MRAM
$410M
| $1.21M | ﹤0.01% |
177,306
+2,500
| +1% | +$16.6K |
|
2352
Enterprise Financial Services Corp
EFSC
$2.46B
| $1.2M | ﹤0.01% |
27,000
-2,504
| -8% | -$128K |
|
2353
NewMarket
NEU
$8.1B
| $1.2M | ﹤0.01% |
3,300
-14,900
| -82% | -$5.17M |
|
2354
Vera Bradley
VRA
$99.8M
| $1.2M | ﹤0.01% |
200,800
+39,500
| +24% | +$221K |
|
2355
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.75B
| $1.2M | ﹤0.01% |
26,203
-15,097
| -37% | -$692K |
|
2356
Gentherm
THRM
$1.3B
| $1.2M | ﹤0.01% |
19,864
+7,600
| +62% | +$509K |
|
2357
Ampco-Pittsburgh
AP
$180M
| $1.2M | ﹤0.01% |
488,078
-5,748
| -1% | -$16.4K |
|
2358
iRhythm Holdings
IRTC
$4.18B
| $1.19M | ﹤0.01% |
9,600
-92,200
| -91% | -$10M |
|
2359
Century Casinos
CNTY
$35.7M
| $1.19M | ﹤0.01% |
162,349
-16,128
| -9% | -$135K |
|
2360
Dycom Industries
DY
$12.7B
| $1.19M | ﹤0.01% |
+12,700
| New | +$1.18M |
|
|
SKYT
2361
DELISTED
SkyWater Technology
SKYT
| $1.19M | ﹤0.01% |
104,267
+26,667
| +34% | +$299K |
|
|
GTHX
2362
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $1.19M | ﹤0.01% |
442,975
-204,125
| -32% | -$981K |
|
|
STEL
2363
DELISTED
Stellar Bancorp
STEL
| $1.19M | ﹤0.01% |
48,196
-4,914
| -9% | -$138K |
|
2364
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.64B
| $1.18M | ﹤0.01% |
+61,754
| New | +$1.18M |
|
2365
Schwab International Small-Cap Equity ETF
SCHC
$5.55B
| $1.18M | ﹤0.01% |
35,100
+10,700
| +44% | +$357K |
|
|
NUVA
2366
DELISTED
NuVasive, Inc.
NUVA
| $1.18M | ﹤0.01% |
28,600
+4,500
| +19% | +$192K |
|
2367
iShares Core Conservative Allocation ETF
AOK
$796M
| $1.18M | ﹤0.01% |
33,700
-100
| -0.3% | -$3.46K |
|
|
SCS
2368
DELISTED
Steelcase
SCS
| $1.17M | ﹤0.01% |
+139,424
| New | +$1.07M |
|
2369
S&T Bancorp
STBA
$1.87B
| $1.17M | ﹤0.01% |
37,300
-20,636
| -36% | -$719K |
|
2370
Liquidia Corp
LQDA
$7.88B
| $1.17M | ﹤0.01% |
169,600
+30,800
| +22% | +$210K |
|
2371
The Honest Company
HNST
$422M
| $1.17M | ﹤0.01% |
650,400
+22,100
| +4% | +$60.3K |
|
2372
Princeton Bancorp
BPRN
$289M
| $1.17M | ﹤0.01% |
36,881
-13,084
| -26% | -$438K |
|
2373
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.98B
| $1.17M | ﹤0.01% |
30,900
-53,200
| -63% | -$2.01M |
|
2374
First United
FUNC
$289M
| $1.17M | ﹤0.01% |
69,361
-7,330
| -10% | -$139K |
|
|
SSKN
2375
DELISTED
Strata Skin Sciences
SSKN
| $1.17M | ﹤0.01% |
110,395
-1,770
| -2% | -$17.8K |
|
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.