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 |
Apple
AAPL
|
+$856M |
| 2 |
Meta Platforms (Facebook)
META
|
+$647M |
| 3 |
NVIDIA
NVDA
|
+$615M |
| 4 |
Berkshire Hathaway Class A
BRK.A
|
+$304M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.03B |
| 2 |
UnitedHealth
UNH
|
+$686M |
| 3 |
Tesla
TSLA
|
+$387M |
| 4 |
Abbott
ABT
|
+$380M |
| 5 |
Chevron
CVX
|
+$328M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.26% |
| 2 | Healthcare | 16.96% |
| 3 | Consumer Discretionary | 12.82% |
| 4 | Consumer Staples | 9.14% |
| 5 | Industrials | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2376
Kelly Services Class A
KELYA
$514M
| $1.17M | ﹤0.01% |
+66,508
| New | +$1.15M |
|
|
LAND
2377
Gladstone Land Corp
LAND
$350M
| $1.17M | ﹤0.01% |
71,900
-28,000
| -28% | -$453K |
|
|
CTHR
2378
DELISTED
Charles & Colvard Ltd
CTHR
| $1.17M | ﹤0.01% |
122,121
-10,096
| -8% | -$100K |
|
2379
Tronox
TROX
$932M
| $1.16M | ﹤0.01% |
91,600
-239,500
| -72% | -$3.01M |
|
2380
AMES National
ATLO
$274M
| $1.16M | ﹤0.01% |
64,384
-2,600
| -4% | -$48.9K |
|
2381
Sensus Healthcare
SRTS
$47.9M
| $1.16M | ﹤0.01% |
367,934
+91,800
| +33% | +$332K |
|
|
SUPV
2382
Grupo Supervielle
SUPV
$828M
| $1.16M | ﹤0.01% |
372,069
-11,811
| -3% | -$29K |
|
2383
First Community Corp
FCCO
$321M
| $1.16M | ﹤0.01% |
66,569
+1,400
| +2% | +$25.7K |
|
|
GPMT
2384
Granite Point Mortgage Trust
GPMT
$69M
| $1.15M | ﹤0.01% |
217,700
+186,502
| +598% | +$885K |
|
|
STEL
2385
DELISTED
Stellar Bancorp
STEL
| $1.15M | ﹤0.01% |
50,396
+2,200
| +5% | +$51.3K |
|
2386
IBEX
IBEX
$473M
| $1.15M | ﹤0.01% |
54,016
+28,216
| +109% | +$603K |
|
|
UBP
2387
DELISTED
Urstadt Biddle Properties Inc.
UBP
| $1.15M | ﹤0.01% |
54,400
+5,100
| +10% | +$90.9K |
|
|
TCFC
2388
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.15M | ﹤0.01% |
42,268
-4,770
| -10% | -$136K |
|
2389
Matrix Service
MTRX
$326M
| $1.14M | ﹤0.01% |
194,044
-44,306
| -19% | -$242K |
|
2390
Fulcrum Therapeutics
FULC
$273M
| $1.14M | ﹤0.01% |
344,810
-45,290
| -12% | -$133K |
|
|
ATYR
2391
aTyr Pharma
ATYR
$48.2M
| $1.14M | ﹤0.01% |
526,355
+368,700
| +234% | +$805K |
|
|
SCWX
2392
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.14M | ﹤0.01% |
157,140
+82,000
| +109% | +$680K |
|
2393
Talkspace
TALK
$874M
| $1.13M | ﹤0.01% |
891,715
+465,259
| +109% | +$452K |
|
2394
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
| $1.13M | ﹤0.01% |
44,200
-227,200
| -84% | -$5.73M |
|
2395
Cartesian Therapeutics
RNAC
$229M
| $1.12M | ﹤0.01% |
33,417
-2,353
| -7% | -$84.2K |
|
2396
Riverview Bancorp
RVSB
$107M
| $1.12M | ﹤0.01% |
222,804
-24,603
| -10% | -$120K |
|
|
SMLR
2397
DELISTED
Semler Scientific
SMLR
| $1.12M | ﹤0.01% |
42,800
+20,500
| +92% | +$540K |
|
|
NWLI
2398
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.12M | ﹤0.01% |
2,700
+600
| +29% | +$191K |
|
2399
Corvus Pharmaceuticals
CRVS
$1.12B
| $1.12M | ﹤0.01% |
489,673
-16,359
| -3% | -$34K |
|
2400
CS Disco
LAW
$250M
| $1.12M | ﹤0.01% |
136,400
-95,700
| -41% | -$656K |
|
Similar funds
Renaissance Technologies's Q2 2023 Portfolio in Review
As of Q2 2023, Renaissance Technologies held 4,468 positions worth $69.4B, down 7.9% from $75.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $8.1B in Q2 2023, closing 599 positions and reducing 1,691 holdings. Its most notable exit was UnitedHealth, an estimated $686M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Berkshire Hathaway Class A worth $316M.
- Renaissance Technologies's largest Q2 2023 buy was Berkshire Hathaway Class A: 611 shares worth $316M.
- Renaissance Technologies added most to Apple in Q2 2023, an estimated $856M increase.
- Renaissance Technologies's biggest Q2 2023 reduction was Amazon, cutting an estimated $1.03B.
- Renaissance Technologies fully exited UnitedHealth in Q2 2023, selling an estimated $686M.
- Renaissance Technologies's ten largest holdings make up 12% of its $69.4B portfolio in Q2 2023.
- Renaissance Technologies opened 542 new positions and closed 599 in Q2 2023.
- Renaissance Technologies's portfolio value fell 7.9% quarter-over-quarter to $69.4B.
Based on Renaissance Technologies's 13F filing for Q2 2023, filed 11 Aug 2023.