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 | |
|---|---|---|---|---|---|---|
2426
Ascent Industries
ACNT
$138M
| $1.09M | ﹤0.01% |
118,900
-10,200
| -8% | -$103K |
|
2427
iShares Core US Aggregate Bond ETF
AGG
$138B
| $1.09M | ﹤0.01% |
10,900
-81,000
| -88% | -$8.01M |
|
|
REVG
2428
DELISTED
REV Group
REVG
| $1.09M | ﹤0.01% |
90,600
+13,100
| +17% | +$163K |
|
|
TRST
2429
Trustco Bank Corp NY
TRST
$974M
| $1.08M | ﹤0.01% |
33,976
-6,500
| -16% | -$233K |
|
|
CTEV
2430
Claritev Corp
CTEV
$429M
| $1.08M | ﹤0.01% |
25,593
+5,123
| +25% | +$232K |
|
2431
Kenon Holdings
KEN
$3.45B
| $1.08M | ﹤0.01% |
36,800
-3,900
| -10% | -$118K |
|
2432
La-Z-Boy
LZB
$1.66B
| $1.08M | ﹤0.01% |
37,200
-183,500
| -83% | -$5.22M |
|
2433
Zedge
ZDGE
$39.6M
| $1.08M | ﹤0.01% |
554,414
-48,600
| -8% | -$118K |
|
2434
MainStreet Bancshares
MNSB
$165M
| $1.08M | ﹤0.01% |
45,900
+8,932
| +24% | +$245K |
|
|
KE
2435
Kimball Electronics
KE
$626M
| $1.08M | ﹤0.01% |
44,675
-25,500
| -36% | -$622K |
|
|
JNCE
2436
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $1.07M | ﹤0.01% |
581,300
+304,404
| +110% | +$377K |
|
|
FARO
2437
DELISTED
Faro Technologies
FARO
| $1.07M | ﹤0.01% |
43,642
+32,600
| +295% | +$904K |
|
|
LX
2438
LexinFintech Holdings
LX
$246M
| $1.07M | ﹤0.01% |
396,206
+155,706
| +65% | +$450K |
|
|
SCTL
2439
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $1.07M | ﹤0.01% |
898,717
-11,100
| -1% | -$14.6K |
|
|
FRGI
2440
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.07M | ﹤0.01% |
130,100
+1,000
| +0.8% | +$8.3K |
|
|
INZY
2441
DELISTED
Inozyme Pharma
INZY
| $1.07M | ﹤0.01% |
186,100
-72,800
| -28% | -$192K |
|
2442
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.6B
| $1.06M | ﹤0.01% |
+46,048
| New | +$1.05M |
|
2443
Mammoth Energy Services
TUSK
$130M
| $1.06M | ﹤0.01% |
250,472
+46,800
| +23% | +$279K |
|
2444
Baytex Energy
BTE
$3.02B
| $1.05M | ﹤0.01% |
+281,400
| New | +$1.04M |
|
2445
TAT Technologies
TATT
$518M
| $1.05M | ﹤0.01% |
170,802
-3,900
| -2% | -$22.5K |
|
|
XIFR
2446
XPLR Infrastructure LP
XIFR
$1.12B
| $1.05M | ﹤0.01% |
+17,300
| New | +$1.19M |
|
|
AAT
2447
American Assets Trust
AAT
$1.44B
| $1.05M | ﹤0.01% |
56,500
-119,100
| -68% | -$2.9M |
|
|
AFMD
2448
DELISTED
Affimed
AFMD
| $1.05M | ﹤0.01% |
140,824
+65,232
| +86% | +$652K |
|
|
RTC
2449
DELISTED
Baijiayun Group
RTC
| $1.05M | ﹤0.01% |
27,319
-860
| -3% | -$38.4K |
|
2450
Northern Technologies International Corp
NTIC
$79.9M
| $1.05M | ﹤0.01% |
87,077
+700
| +0.8% | +$8.86K |
|
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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.