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 | |
|---|---|---|---|---|---|---|
2626
Pediatrix Medical
MD
$2.15B
| $613K | ﹤0.01% |
48,200
-5,100
| -10% | -$70K |
|
2627
Schwab 1000 Index ETF
SCHK
$5.88B
| $611K | ﹤0.01% |
29,600
+19,800
| +202% | +$425K |
|
|
OGI
2628
Organigram Holdings
OGI
$139M
| $608K | ﹤0.01% |
460,948
+84,573
| +22% | +$127K |
|
2629
Electromed
ELMD
$348M
| $602K | ﹤0.01% |
57,904
+2,700
| +5% | +$28.2K |
|
|
ASM
2630
Avino Silver & Gold Mines
ASM
$1.11B
| $601K | ﹤0.01% |
1,164,400
-175,100
| -13% | -$115K |
|
2631
Federated Hermes
FHI
$4.72B
| $596K | ﹤0.01% |
+17,600
| New | +$606K |
|
2632
iShares US Infrastructure ETF
IFRA
$4.56B
| $596K | ﹤0.01% |
16,300
+11,100
| +213% | +$432K |
|
2633
Arteris
AIP
$1.46B
| $594K | ﹤0.01% |
91,300
-47,500
| -34% | -$326K |
|
2634
iShares MSCI KLD 400 Social ETF
DSI
$5.51B
| $594K | ﹤0.01% |
7,300
+2,500
| +52% | +$212K |
|
2635
iShares Core S&P Small-Cap ETF
IJR
$111B
| $594K | ﹤0.01% |
+6,300
| New | +$629K |
|
2636
Pixelworks
PXLW
$40.6M
| $592K | ﹤0.01% |
43,683
-4,225
| -9% | -$72.9K |
|
2637
First Bank
FRBA
$458M
| $585K | ﹤0.01% |
54,288
+44,018
| +429% | +$509K |
|
2638
Kaltura
KLTR
$259M
| $585K | ﹤0.01% |
338,100
+67,000
| +25% | +$132K |
|
2639
MediWound
MDWD
$184M
| $585K | ﹤0.01% |
54,944
-700
| -1% | -$6.43K |
|
2640
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.79B
| $582K | ﹤0.01% |
5,600
-5,600
| -50% | -$603K |
|
|
WMC
2641
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $580K | ﹤0.01% |
61,741
-187
| -0.3% | -$1.85K |
|
2642
Byline Bancorp
BY
$1.79B
| $579K | ﹤0.01% |
29,371
-24,900
| -46% | -$510K |
|
2643
ClearOne Inc
CLRO
$26.2M
| $578K | ﹤0.01% |
50,747
-5,124
| -9% | -$61.5K |
|
2644
Hennessy Advisors
HNNA
$78.4M
| $576K | ﹤0.01% |
86,475
+650
| +0.8% | +$4.55K |
|
|
SAVE
2645
DELISTED
Spirit Airlines, Inc.
SAVE
| $576K | ﹤0.01% |
+34,900
| New | +$594K |
|
2646
Lesaka Technologies
LSAK
$403M
| $575K | ﹤0.01% |
147,400
+4,500
| +3% | +$16.9K |
|
|
LONA
2647
LeonaBio Inc
LONA
$73.4M
| $571K | ﹤0.01% |
28,290
-15,590
| -36% | -$399K |
|
2648
GEE Group
JOB
$22.8M
| $569K | ﹤0.01% |
961,700
+206,500
| +27% | +$111K |
|
2649
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.89B
| $567K | ﹤0.01% |
8,200
+1,200
| +17% | +$86.4K |
|
|
LOAN
2650
Manhattan Bridge Capital
LOAN
$47.1M
| $566K | ﹤0.01% |
117,928
-12,399
| -10% | -$59.5K |
|
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.