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 | |
|---|---|---|---|---|---|---|
2651
Curis
CRIS
$8.59M
| $564K | ﹤0.01% |
4,278
+75
| +2% | +$19.3K |
|
2652
908 Devices
MASS
$341M
| $564K | ﹤0.01% |
84,700
-30,000
| -26% | -$208K |
|
2653
Dimensional US Core Equity Market ETF
DFAU
$12.8B
| $563K | ﹤0.01% |
18,800
-5,500
| -23% | -$171K |
|
2654
Nelnet
NNI
$4.85B
| $563K | ﹤0.01% |
6,300
-25,910
| -80% | -$2.45M |
|
2655
PCB Bancorp
PCB
$395M
| $561K | ﹤0.01% |
36,301
+2,100
| +6% | +$33.4K |
|
|
ARIS
2656
DELISTED
Aris Water Solutions
ARIS
| $559K | ﹤0.01% |
56,000
+3,400
| +6% | +$36.2K |
|
|
BZUN
2657
Baozun
BZUN
$169M
| $559K | ﹤0.01% |
180,216
-71,701
| -28% | -$286K |
|
2658
Transcat
TRNS
$885M
| $559K | ﹤0.01% |
5,701
-15,099
| -73% | -$1.44M |
|
|
NGM
2659
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $559K | ﹤0.01% |
522,327
+269,727
| +107% | +$558K |
|
|
FPI
2660
Farmland Partners
FPI
$434M
| $556K | ﹤0.01% |
54,200
+19,100
| +54% | +$218K |
|
2661
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.83B
| $555K | ﹤0.01% |
22,300
-27,800
| -55% | -$719K |
|
|
PINE
2662
Alpine Income Property Trust
PINE
$352M
| $555K | ﹤0.01% |
33,900
-13,900
| -29% | -$234K |
|
|
ZH
2663
Zhihu
ZH
$279M
| $554K | ﹤0.01% |
88,733
-417
| -0.5% | -$2.72K |
|
|
GAN
2664
DELISTED
GAN Ltd
GAN
| $553K | ﹤0.01% |
476,417
+77,400
| +19% | +$122K |
|
|
TRML
2665
DELISTED
Tourmaline Bio
TRML
| $552K | ﹤0.01% |
19,647
-24,433
| -55% | -$715K |
|
2666
Cerus
CERS
$468M
| $548K | ﹤0.01% |
338,500
-104,800
| -24% | -$218K |
|
2667
Ohio Valley Banc Corp
OVBC
$206M
| $547K | ﹤0.01% |
22,575
-700
| -3% | -$17.2K |
|
2668
Smartbird Inc
BIRD
$21.1M
| $546K | ﹤0.01% |
24,590
-9,790
| -28% | -$264K |
|
2669
Expedia Group
EXPE
$36.8B
| $546K | ﹤0.01% |
+5,293
| New | +$584K |
|
2670
Microvast
MVST
$261M
| $545K | ﹤0.01% |
288,160
-354,300
| -55% | -$759K |
|
2671
Precision BioSciences
DTIL
$191M
| $543K | ﹤0.01% |
53,069
-4,153
| -7% | -$63.8K |
|
2672
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.75B
| $543K | ﹤0.01% |
+22,300
| New | +$556K |
|
2673
TeraWulf
WULF
$8.73B
| $541K | ﹤0.01% |
429,100
+333,900
| +351% | +$792K |
|
2674
Global X MLP & Energy Infrastructure ETF
MLPX
$3.59B
| $538K | ﹤0.01% |
12,694
+2,094
| +20% | +$89K |
|
2675
Better Online Solutions
BOSC
$31.9M
| $535K | ﹤0.01% |
149,113
-2,386
| -2% | -$8.75K |
|
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.