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 | |
|---|---|---|---|---|---|---|
2451
Vroom Inc
VRM
$37.2M
| $1.05M | ﹤0.01% |
14,561
+3,516
| +32% | +$284K |
|
|
CAN
2452
Canaan Creative
CAN
$144M
| $1.04M | ﹤0.01% |
387,172
-315,465
| -45% | -$902K |
|
2453
MGP Ingredients
MGPI
$368M
| $1.04M | ﹤0.01% |
10,800
-18,500
| -63% | -$1.81M |
|
2454
Merchants Bancorp
MBIN
$2.54B
| $1.04M | ﹤0.01% |
40,100
-28,800
| -42% | -$798K |
|
|
GES
2455
DELISTED
Guess Inc
GES
| $1.04M | ﹤0.01% |
53,600
+16,300
| +44% | +$350K |
|
2456
Lightpath Technologies
LPTH
$754M
| $1.04M | ﹤0.01% |
739,600
+31,600
| +4% | +$49K |
|
|
CNR
2457
Core Natural Resources Inc
CNR
$4.04B
| $1.04M | ﹤0.01% |
17,900
-87,603
| -83% | -$4.99M |
|
2458
CarGurus
CARG
$3.37B
| $1.04M | ﹤0.01% |
55,600
-52,800
| -49% | -$898K |
|
2459
AtaiBeckley Inc
ATAI
$2.65B
| $1.04M | ﹤0.01% |
+573,100
| New | +$971K |
|
2460
Peoples Bancorp
PEBO
$1.49B
| $1.04M | ﹤0.01% |
40,265
-34,300
| -46% | -$988K |
|
2461
Simulations Plus
SLP
$371M
| $1.04M | ﹤0.01% |
23,600
-36,300
| -61% | -$1.45M |
|
2462
Banco Macro
BMA
$5.97B
| $1.04M | ﹤0.01% |
58,178
+37,778
| +185% | +$750K |
|
2463
CNB Financial Corp
CCNE
$1.05B
| $1.03M | ﹤0.01% |
53,801
-18,500
| -26% | -$423K |
|
2464
American Vanguard Corp
AVD
$70.9M
| $1.03M | ﹤0.01% |
+47,152
| New | +$1.02M |
|
2465
Identive
INVE
$65.5M
| $1.03M | ﹤0.01% |
167,852
+22,500
| +15% | +$166K |
|
|
FPI
2466
Farmland Partners
FPI
$415M
| $1.03M | ﹤0.01% |
95,902
-21,398
| -18% | -$250K |
|
2467
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.77B
| $1.03M | ﹤0.01% |
39,800
+7,500
| +23% | +$192K |
|
2468
C4 Therapeutics
CCCC
$395M
| $1.02M | ﹤0.01% |
326,080
+293,580
| +903% | +$1.73M |
|
|
FNA
2469
DELISTED
Paragon 28, Inc.
FNA
| $1.02M | ﹤0.01% |
+59,800
| New | +$1.07M |
|
|
BNR
2470
Burning Rock Biotech
BNR
$93.2M
| $1.02M | ﹤0.01% |
36,290
-1,660
| -4% | -$49.7K |
|
2471
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $1.02M | ﹤0.01% |
+11,166
| New | +$1.01M |
|
2472
Voyager Therapeutics
VYGR
$184M
| $1.02M | ﹤0.01% |
132,300
+13,000
| +11% | +$103K |
|
2473
Interparfums
IPAR
$3.96B
| $1.01M | ﹤0.01% |
7,100
-17,813
| -72% | -$2.2M |
|
|
CBD
2474
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $1.01M | ﹤0.01% |
343,700
+147,600
| +75% | +$479K |
|
2475
Expensify
EXFY
$179M
| $1.01M | ﹤0.01% |
123,800
-96,800
| -44% | -$861K |
|
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.