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 |
Netflix
NFLX
|
+$385M |
| 2 |
Microsoft
MSFT
|
+$368M |
| 3 |
Berkshire Hathaway Class A
BRK.A
|
+$298M |
| 4 |
Delta Air Lines
DAL
|
+$208M |
| 5 |
Carnival Corporation Ltd
CCL
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.34B |
| 2 |
Tesla
TSLA
|
+$353M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$303M |
| 4 |
NVIDIA
NVDA
|
+$290M |
| 5 |
Boeing
BA
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Healthcare | 18.47% |
| 3 | Consumer Discretionary | 12.34% |
| 4 | Consumer Staples | 10.13% |
| 5 | Industrials | 9.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Stoneridge
SRI
$205M
| $765K | ﹤0.01% |
38,119
| – | – |
|
2477
MoonLake Immunotherapeutics
MLTX
$1.53B
| $764K | ﹤0.01% |
13,396
-2,104
| -14% | -$116K |
|
2478
Global X S&P 500 Covered Call ETF
XYLD
$3.27B
| $762K | ﹤0.01% |
19,600
-45,800
| -70% | -$1.86M |
|
2479
Schwab Fundamental US Small Company Index ETF
FNDA
$9.27B
| $761K | ﹤0.01% |
31,400
+20,600
| +191% | +$525K |
|
2480
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.4B
| $761K | ﹤0.01% |
7,500
+1,500
| +25% | +$157K |
|
|
IGMS
2481
DELISTED
IGM Biosciences
IGMS
| $759K | ﹤0.01% |
90,900
-85,100
| -48% | -$722K |
|
2482
Galicia Financial Group
GGAL
$7.51B
| $758K | ﹤0.01% |
58,080
+38,914
| +203% | +$634K |
|
2483
BlackBerry
BB
$5.15B
| $756K | ﹤0.01% |
160,443
-1,507,100
| -90% | -$7.41M |
|
2484
IBEX
IBEX
$495M
| $756K | ﹤0.01% |
48,900
-5,116
| -9% | -$95.7K |
|
2485
SharkNinja
SN
$25.5B
| $756K | ﹤0.01% |
+16,300
| New | +$596K |
|
2486
InnovAge Holding
INNV
$1.49B
| $754K | ﹤0.01% |
125,900
+4,300
| +4% | +$27.9K |
|
2487
Sana Biotechnology
SANA
$949M
| $754K | ﹤0.01% |
+194,869
| New | +$1.05M |
|
2488
Silicon Motion
SIMO
$9.07B
| $748K | ﹤0.01% |
+14,598
| New | +$830K |
|
2489
Xenon Pharmaceuticals
XENE
$6.24B
| $748K | ﹤0.01% |
+21,900
| New | +$819K |
|
|
LUMO
2490
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $748K | ﹤0.01% |
226,714
-4,445
| -2% | -$13.9K |
|
2491
Genesco
GCO
$428M
| $746K | ﹤0.01% |
24,200
+12,400
| +105% | +$352K |
|
2492
Vanguard Russell 1000 Growth ETF
VONG
$44.7B
| $746K | ﹤0.01% |
10,900
-11,600
| -52% | -$824K |
|
2493
OppFi
OPFI
$833M
| $745K | ﹤0.01% |
295,833
+115,227
| +64% | +$268K |
|
2494
Ichor Holdings
ICHR
$2.45B
| $743K | ﹤0.01% |
+24,004
| New | +$822K |
|
2495
Oportun Financial
OPRT
$370M
| $743K | ﹤0.01% |
102,900
-49,769
| -33% | -$328K |
|
2496
iShares Broad USD High Yield Corporate Bond ETF
USHY
$28.6B
| $743K | ﹤0.01% |
21,400
-64,400
| -75% | -$2.26M |
|
|
CATC
2497
DELISTED
CAMBRIDGE BANCORP
CATC
| $743K | ﹤0.01% |
11,921
-7,920
| -40% | -$450K |
|
2498
OSI Systems
OSIS
$3.91B
| $742K | ﹤0.01% |
6,283
-42,100
| -87% | -$5.08M |
|
|
MAPS
2499
DELISTED
WM TECHNOLOGY INC A
MAPS
| $741K | ﹤0.01% |
561,576
+136,276
| +32% | +$164K |
|
|
LGF.B
2500
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $739K | ﹤0.01% |
93,939
+19,600
| +26% | +$147K |
|
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Renaissance Technologies's Q3 2023 Portfolio in Review
As of Q3 2023, Renaissance Technologies held 4,329 positions worth $58.7B, down 15% from $69.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $8.34B in Q3 2023, closing 713 positions and reducing 1,794 holdings. Its most notable exit was Chevron, an estimated $185M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in D.R. Horton worth $125M.
- Renaissance Technologies's largest Q3 2023 buy was D.R. Horton: 1,159,438 shares worth $125M.
- Renaissance Technologies added most to Netflix in Q3 2023, an estimated $385M increase.
- Renaissance Technologies's biggest Q3 2023 reduction was Meta Platforms (Facebook), cutting an estimated $1.34B.
- Renaissance Technologies fully exited Chevron in Q3 2023, selling an estimated $185M.
- Renaissance Technologies's ten largest holdings make up 12% of its $58.7B portfolio in Q3 2023.
- Renaissance Technologies opened 464 new positions and closed 713 in Q3 2023.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $58.7B.
Based on Renaissance Technologies's 13F filing for Q3 2023, filed 14 Nov 2023.