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 |
Broadcom
AVGO
|
+$412M |
| 2 |
Advanced Micro Devices
AMD
|
+$294M |
| 3 |
Apple
AAPL
|
+$244M |
| 4 |
Qualcomm
QCOM
|
+$207M |
| 5 |
Pinduoduo
PDD
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$510M |
| 2 |
Uber
UBER
|
+$419M |
| 3 |
Chevron
CVX
|
+$286M |
| 4 |
Meta Platforms (Facebook)
META
|
+$255M |
| 5 |
Novo Nordisk
NVO
|
+$215M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.64% |
| 2 | Healthcare | 18.28% |
| 3 | Consumer Discretionary | 13.73% |
| 4 | Industrials | 8.65% |
| 5 | Financials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Novo Nordisk
NVO
$178B
| $1.31B | 2.22% |
9,165,374
-1,620,700
| -15% | -$215M |
2013 Q2
44 quarters
|
|
2
Palantir
PLTR
$386B
| $1B | 1.7% |
39,515,309
-7,839,908
| -17% | -$177M |
2021 Q2
12 quarters
|
|
3
NVIDIA
NVDA
$4.51T
| $867M | 1.47% |
7,021,790
+1,515,540
| +28% | +$153M |
2023 Q1
5 quarters
|
|
4
Vertex Pharmaceuticals
VRTX
$139B
| $734M | 1.25% |
1,566,388
-14,100
| -0.9% | -$6.12M |
2017 Q1
29 quarters
|
|
5
United Therapeutics
UTHR
$23.9B
| $693M | 1.18% |
2,174,692
+22,978
| +1% | +$6.08M |
2013 Q2
44 quarters
|
|
6
VeriSign
VRSN
$27.7B
| $538M | 0.91% |
3,027,696
-16,094
| -0.5% | -$2.87M |
2013 Q2
44 quarters
|
|
|
7
Meta Platforms (Facebook)
META
$1.56T
| $527M | 0.89% |
1,046,133
-524,384
| -33% | -$255M |
2021 Q3
11 quarters
|
|
8
Airbnb
ABNB
$112B
| $516M | 0.87% |
3,401,405
-1,022,060
| -23% | -$156M |
2021 Q2
12 quarters
|
|
|
9
Broadcom
AVGO
$1.4T
| $472M | 0.8% |
+2,941,150
| New | +$412M |
2024 Q2
0 quarters
|
|
10
Tesla
TSLA
$1.42T
| $406M | 0.69% |
2,051,425
+255,100
| +14% | +$44.6M |
2018 Q4
22 quarters
|
|
11
Sprouts Farmers Market
SFM
$4.53B
| $371M | 0.63% |
4,438,144
+593,600
| +15% | +$43.3M |
2016 Q2
32 quarters
|
|
12
Franco-Nevada
FNV
$49.2B
| $364M | 0.62% |
3,073,949
-177,900
| -5% | -$21.6M |
2014 Q1
41 quarters
|
|
|
13
Apple
AAPL
$4.98T
| $363M | 0.62% |
1,721,444
+1,307,877
| +316% | +$244M |
2020 Q3
15 quarters
|
|
14
Gilead Sciences
GILD
$207B
| $347M | 0.59% |
5,057,598
+739,948
| +17% | +$49.4M |
2014 Q4
38 quarters
|
|
15
Exelixis
EXEL
$17B
| $341M | 0.58% |
15,163,066
+61,350
| +0.4% | +$1.36M |
2016 Q3
31 quarters
|
|
16
Neurocrine Biosciences
NBIX
$16.7B
| $340M | 0.58% |
2,468,146
+216,500
| +10% | +$29.7M |
2018 Q4
22 quarters
|
|
17
Cboe Global Markets
CBOE
$36.9B
| $319M | 0.54% |
1,874,724
-107,500
| -5% | -$19.1M |
2013 Q2
44 quarters
|
|
18
Chipotle Mexican Grill
CMG
$43.6B
| $318M | 0.54% |
5,078,100
-2,379,650
| -32% | -$148M |
2022 Q2
8 quarters
|
|
19
Incyte
INCY
$24.4B
| $316M | 0.54% |
5,218,337
-458,100
| -8% | -$25.9M |
2017 Q4
26 quarters
|
|
20
DoorDash
DASH
$78.3B
| $303M | 0.51% |
2,787,843
+392,300
| +16% | +$47.3M |
2021 Q2
12 quarters
|
|
21
Fortinet
FTNT
$87.3B
| $303M | 0.51% |
5,026,394
+657,400
| +15% | +$40.9M |
2015 Q3
35 quarters
|
|
|
22
Advanced Micro Devices
AMD
$736B
| $296M | 0.5% |
+1,825,890
| New | +$294M |
2024 Q2
0 quarters
|
|
23
Molina Healthcare
MOH
$10.9B
| $282M | 0.48% |
949,691
+111,154
| +13% | +$37.7M |
2013 Q2
44 quarters
|
|
24
monday.com
MNDY
$3.72B
| $270M | 0.46% |
1,122,690
+188,800
| +20% | +$39.8M |
2021 Q4
10 quarters
|
|
25
Atlassian
TEAM
$38.9B
| $269M | 0.46% |
1,521,523
-66,906
| -4% | -$12M |
2016 Q2
32 quarters
|
|
Similar funds
Renaissance Technologies's Q2 2024 Portfolio in Review
As of Q2 2024, Renaissance Technologies held 4,123 positions worth $59B, down 7.3% from $63.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $4.49B in Q2 2024, closing 673 positions and reducing 1,503 holdings. Its most notable exit was Bank of America, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Broadcom worth $472M.
- Renaissance Technologies's largest Q2 2024 buy was Broadcom: 2,941,150 shares worth $472M.
- Renaissance Technologies added most to Apple in Q2 2024, an estimated $244M increase.
- Renaissance Technologies's biggest Q2 2024 reduction was Amazon, cutting an estimated $510M.
- Renaissance Technologies fully exited Bank of America in Q2 2024, selling an estimated $142M.
- Renaissance Technologies's ten largest holdings make up 12% of its $59B portfolio in Q2 2024.
- Renaissance Technologies opened 461 new positions and closed 673 in Q2 2024.
- Renaissance Technologies's portfolio value fell 7.3% quarter-over-quarter to $59B.
Based on Renaissance Technologies's 13F filing for Q2 2024, filed 9 Aug 2024.