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 | |
|---|---|---|---|---|---|---|
|
AUTL
2601
Autolus Therapeutics
AUTL
$532M
| $638K | ﹤0.01% |
273,679
+122,479
| +81% | +$349K |
|
2602
Northwest Bancshares
NWBI
$2.29B
| $638K | ﹤0.01% |
62,414
+12,900
| +26% | +$144K |
|
2603
Goldgroup Mining Inc.
GORO
$160M
| $636K | ﹤0.01% |
1,485,703
+1,382
| +0.1% | +$739 |
|
2604
InvenTrust Properties
IVT
$2.6B
| $636K | ﹤0.01% |
26,700
+11,200
| +72% | +$269K |
|
2605
World Acceptance Corp
WRLD
$886M
| $635K | ﹤0.01% |
5,000
+602
| +14% | +$83.1K |
|
2606
Healthcare Services Group
HCSG
$1.51B
| $634K | ﹤0.01% |
+60,823
| New | +$757K |
|
|
CCC
2607
CCC Intelligent Solutions
CCC
$3.83B
| $633K | ﹤0.01% |
47,400
-156,200
| -77% | -$1.71M |
|
|
AIOT
2608
PowerFleet Inc
AIOT
$554M
| $633K | ﹤0.01% |
305,610
-94,392
| -24% | -$227K |
|
2609
Usio Inc
USIO
$63.7M
| $632K | ﹤0.01% |
361,341
-8,600
| -2% | -$14.6K |
|
2610
Helios Technologies
HLIO
$2.72B
| $631K | ﹤0.01% |
11,375
-800
| -7% | -$47.5K |
|
2611
Radiant Logistics
RLGT
$395M
| $631K | ﹤0.01% |
111,700
+45,400
| +68% | +$308K |
|
2612
Palomar
PLMR
$3.63B
| $629K | ﹤0.01% |
12,400
-33,700
| -73% | -$1.84M |
|
|
AC
2613
DELISTED
Associated Capital Group
AC
| $628K | ﹤0.01% |
17,200
+3,000
| +21% | +$109K |
|
2614
ICF International
ICFI
$1.54B
| $628K | ﹤0.01% |
+5,200
| New | +$649K |
|
|
SNT
2615
Senstar Technologies
SNT
$43.4M
| $627K | ﹤0.01% |
564,916
-38,930
| -6% | -$46.5K |
|
2616
Kingstone Companies
KINS
$301M
| $626K | ﹤0.01% |
349,589
+9,900
| +3% | +$14.6K |
|
2617
M-tron Industries
MPTI
$382M
| $624K | ﹤0.01% |
35,251
-2,660
| -7% | -$39.8K |
|
2618
National Bankshares
NKSH
$266M
| $623K | ﹤0.01% |
24,870
-2,800
| -10% | -$77.6K |
|
|
TUYA
2619
Tuya Inc
TUYA
$1.08B
| $623K | ﹤0.01% |
401,700
-1,600
| -0.4% | -$2.56K |
|
2620
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $621K | ﹤0.01% |
11,946
-5,254
| -31% | -$285K |
|
2621
TMC The Metals Company
TMC
$1.78B
| $619K | ﹤0.01% |
+624,536
| New | +$897K |
|
|
YRD
2622
Yiren Digital
YRD
$108M
| $619K | ﹤0.01% |
254,565
-6,900
| -3% | -$16.9K |
|
|
NREF
2623
NexPoint Real Estate Finance
NREF
$332M
| $617K | ﹤0.01% |
37,700
-4,500
| -11% | -$74.5K |
|
2624
Corvus Pharmaceuticals
CRVS
$1.17B
| $616K | ﹤0.01% |
421,743
-67,930
| -14% | -$144K |
|
2625
First Internet Bancorp
INBK
$256M
| $613K | ﹤0.01% |
37,789
+23,689
| +168% | +$447K |
|
Similar funds
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.