Renaissance Technologies Portfolio holdings
Renaissance Technologies is a hedge fund firm that trades with computer models built on mathematics and statistics. It began in 1978 as Monemetrics, founded by Jim Simons, a mathematician and former Cold War codebreaker, and took its current name in 1982. The firm launched its Medallion Fund in 1988 and staffs its research with mathematicians, statisticians, physicists, astronomers and computer scientists. Medallion trades over short time spans across many asset types, and it has been closed to outside investors since 1993, open only to current and past employees and their families.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.04B |
| 2 |
Chevron
CVX
|
+$820M |
| 3 |
Shopify
SHOP
|
+$599M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$539M |
| 5 |
Meta Platforms (Facebook)
META
|
+$479M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$675M |
| 2 |
Tesla
TSLA
|
+$661M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$633M |
| 4 |
Verizon
VZ
|
+$533M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.47% |
| 2 | Technology | 16.84% |
| 3 | Consumer Staples | 11.12% |
| 4 | Consumer Discretionary | 10.18% |
| 5 | Financials | 8.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Novo Nordisk
NVO
$176B
| $1.95B | 2.31% |
35,059,342
-1,708,600
| -5% | -$94.8M |
2013 Q2
36 quarters
|
|
|
2
Microsoft
MSFT
$3.88T
| $981M | 1.16% |
+3,820,133
| New | +$1.04B |
2022 Q2
0 quarters
|
|
|
3
Meta Platforms (Facebook)
META
$1.6T
| $884M | 1.05% |
5,485,159
+2,484,159
| +83% | +$479M |
2021 Q3
3 quarters
|
|
4
Apple
AAPL
$5.03T
| $845M | 1% |
6,179,661
+1,675,469
| +37% | +$254M |
2020 Q3
7 quarters
|
|
|
5
Chevron
CVX
$462B
| $838M | 0.99% |
5,786,295
+4,960,475
| +601% | +$820M |
2020 Q2
8 quarters
|
|
6
Gilead Sciences
GILD
$212B
| $829M | 0.98% |
13,409,616
-2,082,500
| -13% | -$129M |
2014 Q4
30 quarters
|
|
7
Kroger
KR
$39.4B
| $793M | 0.94% |
16,746,010
+318,500
| +2% | +$17M |
2019 Q2
12 quarters
|
|
8
Hershey
HSY
$33.3B
| $790M | 0.94% |
3,671,367
+611,100
| +20% | +$133M |
2013 Q2
36 quarters
|
|
9
Zoom
ZM
$27.9B
| $694M | 0.82% |
6,429,004
-20,302
| -0.3% | -$2.14M |
2020 Q1
9 quarters
|
|
10
VeriSign
VRSN
$27.6B
| $662M | 0.78% |
3,956,890
-59,700
| -1% | -$11M |
2013 Q2
36 quarters
|
|
11
United Therapeutics
UTHR
$25.7B
| $658M | 0.78% |
2,793,591
+28,378
| +1% | +$5.77M |
2013 Q2
36 quarters
|
|
12
Merck
MRK
$369B
| $617M | 0.73% |
6,763,934
+1,664,600
| +33% | +$148M |
2019 Q2
12 quarters
|
|
13
ExxonMobil
XOM
$770B
| $613M | 0.73% |
7,156,786
+712,022
| +11% | +$64.2M |
2021 Q1
5 quarters
|
|
14
Franco-Nevada
FNV
$43.4B
| $567M | 0.67% |
4,310,103
+236,600
| +6% | +$35M |
2014 Q1
33 quarters
|
|
15
Monster Beverage
MNST
$92.7B
| $524M | 0.62% |
22,620,240
-5,492,000
| -20% | -$119M |
2014 Q1
33 quarters
|
|
|
16
Tesla
TSLA
$1.58T
| $504M | 0.6% |
2,245,425
-2,420,700
| -52% | -$661M |
2018 Q4
14 quarters
|
|
17
Airbnb
ABNB
$96.9B
| $499M | 0.59% |
5,604,567
+2,200,800
| +65% | +$286M |
2021 Q2
4 quarters
|
|
18
Vertex Pharmaceuticals
VRTX
$142B
| $496M | 0.59% |
1,761,168
+53,800
| +3% | +$14.4M |
2017 Q1
21 quarters
|
|
|
19
Berkshire Hathaway Class B
BRK.B
$1.16T
| $489M | 0.58% |
1,791,000
+1,718,500
| +2,370% | +$539M |
2020 Q4
6 quarters
|
|
20
Molina Healthcare
MOH
$10.6B
| $481M | 0.57% |
1,719,715
-93,900
| -5% | -$28.4M |
2013 Q2
36 quarters
|
|
21
Home Depot
HD
$328B
| $480M | 0.57% |
1,750,900
-131,719
| -7% | -$38.9M |
2022 Q1
1 quarter
|
|
22
Abbott
ABT
$184B
| $458M | 0.54% |
4,216,503
+1,075,637
| +34% | +$122M |
2021 Q3
3 quarters
|
|
23
Atlassian
TEAM
$48.5B
| $458M | 0.54% |
2,443,620
-200,300
| -8% | -$42.8M |
2016 Q2
24 quarters
|
|
24
PepsiCo
PEP
$187B
| $454M | 0.54% |
2,727,014
+768,371
| +39% | +$129M |
2021 Q1
5 quarters
|
|
25
JPMorgan Chase
JPM
$895B
| $443M | 0.52% |
3,931,843
+2,791,457
| +245% | +$346M |
2021 Q2
4 quarters
|
|
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Renaissance Technologies's Q2 2022 Portfolio in Review
As of Q2 2022, Renaissance Technologies held 4,738 positions worth $84.5B, down 0.87% from $85.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $13.7B of net new capital in Q2 2022, opening 694 new positions and adding to 1,955 existing holdings. Its largest new stake was Microsoft: 3,820,133 shares worth $981M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 19% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Tesla, an estimated $661M trimmed.
- Renaissance Technologies's largest Q2 2022 buy was Microsoft: 3,820,133 shares worth $981M.
- Renaissance Technologies added most to Chevron in Q2 2022, an estimated $820M increase.
- Renaissance Technologies's biggest Q2 2022 reduction was Tesla, cutting an estimated $661M.
- Renaissance Technologies fully exited Amazon in Q2 2022, selling an estimated $675M.
- Renaissance Technologies's ten largest holdings make up 11% of its $84.5B portfolio in Q2 2022.
- Renaissance Technologies opened 694 new positions and closed 562 in Q2 2022.
- Renaissance Technologies's portfolio value fell 0.87% quarter-over-quarter to $84.5B.
Based on Renaissance Technologies's 13F filing for Q2 2022, filed 12 Aug 2022.