N-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED    MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number

811-08049

Renaissance Capital Greenwich Funds

(Exact name of registrant as specified in charter)

2 Greenwich Plaza, Greenwich, CT 06830

(Address of principal executive offices)

(Zip code)

Emile R. Molineaux

Gemini Fund Services, LLC., 450 Wireless Blvd., Hauppauge, NY 11788

(Name and address of agent for service)

Registrant's telephone number, including area code:

203-622-2978

Date of fiscal year end:

9/30

Date of reporting period: 6/30/09

Item 1.  Schedule of Investments.  

IPO Plus Aftermarket Fund
PORTFOLIO OF INVESTMENTS
June 30, 2009 (Unaudited)
Shares					Value
		COMMON STOCK - 93.3 %
		COMMERCIAL SERVICES - 19.9 %
5,000		American Public Education, Inc.  *			$                    198,050
10,000		Grand Canyon Education, Inc.  *			167,800
20,000		MSCI, Inc.  *			488,800
17,000		Solera Holdings, Inc.  *			431,800
9,000		Visa, Inc.			560,340
					1,846,790
		ELECTRIC - 4.9 %
10,000		ITC Holdings Corp.			453,600
		HEALTHCARE PRODUCTS - 5.7 %
16,600		Mead Johnson Nutrition Co.  *			527,382
		HEALTHCARE SERVICES - 14.8 %
15,000		athenahealth, Inc.  *			555,150
25,000		MedAssets, Inc.  *			486,250
20,000		Medidata Solutions, Inc.  *			327,600
					1,369,000
		INTERNET - 18.0 %
5,000		Changyou.com Ltd. - ADR  *			191,900
28,200		Constant Contact, Inc.  *			559,488
14,000		Perfect World Co. Ltd. - ADR  *			400,400
37,000		Rackspace Hosting, Inc.  *			512,820
					1,664,608
		REITS - 1.3 %
10,000		Cypress Sharpridge Investments, Inc.  *			119,000
		RETAIL - 4.7 %
10,000		Lumber Liquidators, Inc.  *			157,600
10,000		Rosetta Stone, Inc.  *			274,400
					432,000
		SOFTWARE - 11.5 %
20,000		ArcSight, Inc.  *			355,400
10,000		Salesforce.com, Inc.  *			381,700
20,000		SolarWinds, Inc.  *			329,800
					1,066,900
		TELECOMMUNICATIONS - 8.0 %
12,000		Cellcom Israel Ltd.			318,840
22,100		DigitalGlobe, Inc.  *			424,320
					743,160
IPO Plus Aftermarket Fund
PORTFOLIO OF INVESTMENTS (Continued)
June 30, 2009 (Unaudited)
Shares					Value
		WATER - 4.5 %
22,000		American Water Works Co., Inc.			$                    420,420
		TOTAL COMMON STOCK (Cost - $7,352,531)			8,642,860
		SHORT-TERM INVESTMENTS - 5.2 %
241,670		Dreyfus Institutional Reserves Money Fund			241,670
241,670		Milestone Treasury Obligations Portfolio			241,670
		TOTAL SHORT-TERM INVESTMENTS (Cost - $483,340)			483,340
		TOTAL INVESTMENTS - 98.5 % (Cost - $7,835,871)			$                 9,126,200
		OTHER ASSETS LESS LIABILITIES - 1.5 %			140,731
		NET ASSETS - 100.0%			$                 9,266,931
*	Non-income producing security.
	ADR - American Depositary Receipts
(a)	Represents cost for financial reporting purposes. The cost for Federal income tax purposes is substantially the same.
	At June 30, 2009 net unrealized depreciation for all securities based on tax cost was $1,290,330.  This consists of
	aggregate gross unrealized appreciation of $1,363,203 and aggregate gross unrealized depreciation of $(72,873).
	Security valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.
	Various inputs are used in determining the value of the fund's investments relating to Financial Accounting Standard No. 157 (FAS 157) Fair Value Measurements
	These inputs are summarized in the three broad levels listed below.
	Level 1- quoted prices in active markets for identical securities.
	Level 2 - Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
	Level 3 - significant unobservable inputs (including the Fund's own assumption in determining the fair value of investments)
	The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in these securities.
	The Following is a summary of the inputs in valuing the Fund's assets, which are carried at fair value, as of June 30, 2009
	Valuation Inputs			Investment in Securities	Other Financial Instruments*
	Level 1 - Quoted Prices			$                 8,642,860	$                          -
	Level 2 - Other Significant Observable Prices			483,340	-
	Level 3 - Significant Unobservable Inputs			-	-
			TOTAL	$                 9,126,200	$                         -
	* Other financial instruments include futures, forwards and swap contracts

Item 2. Controls and Procedures.

(a)

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the  Securities Exchange Act of 1934, as amended.

(b)

There were no significant changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3.  Exhibits.  

Certifications required by Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) (and Item 3 of Form N-Q) are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Renaissance Capital Greenwich Funds

By (Signature and Title)

       /s/William K. Smith, President

Date  

8/24/09

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)

        /s/William K. Smith, President  

Date

8/24/09

By (Signature and Title)

       /s/Kathleen S. Smith, Treasurer  

Date

8/24/09

EX-99.CERT

CERTIFICATIONS

I, William K. Smith, certify that:

1.

I have reviewed this report on Form N-Q for the Renaissance Capital Greenwich Funds;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the schedule of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4.

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a)

designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)

designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)

evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

d)

disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.

The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)

all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:

8/24/09

Signature:                                                

 /s/William K. Smith, President

I, Kathleen S. Smith, certify that:

1.

I have reviewed this report on Form N-Q for the Renaissance Capital Greenwich Funds;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the schedule of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4.

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a)

designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)

designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)

evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

d)

disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.

The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)

all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:

8/24/09

Signature:                                               

/s/Kathleen S. Smith, Treasurer