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 |
Alphabet (Google) Class A
GOOGL
|
+$578M |
| 2 |
Micron Technology
MU
|
+$433M |
| 3 |
Advanced Micro Devices
AMD
|
+$404M |
| 4 |
Amazon
AMZN
|
+$398M |
| 5 |
Accenture
ACN
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$777M |
| 2 |
Meta Platforms (Facebook)
META
|
+$752M |
| 3 |
Tesla
TSLA
|
+$627M |
| 4 |
Chevron
CVX
|
+$528M |
| 5 |
Shopify
SHOP
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.4% |
| 2 | Technology | 18.51% |
| 3 | Consumer Staples | 10.15% |
| 4 | Consumer Discretionary | 9.67% |
| 5 | Financials | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CLSD
2676
DELISTED
Clearside Biomedical
CLSD
| $744K | ﹤0.01% |
43,899
-9,954
| -18% | -$218K |
|
2677
Duolingo
DUOL
$5.74B
| $743K | ﹤0.01% |
+7,800
| New | +$759K |
|
2678
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.08B
| $741K | ﹤0.01% |
+29,259
| New | +$842K |
|
|
TBLT
2679
DELISTED
ToughBuilt Industries, Inc. Common Stock
TBLT
| $740K | ﹤0.01% |
5,583
+4,985
| +834% | +$1.26M |
|
2680
OrthoPediatrics
KIDS
$596M
| $738K | ﹤0.01% |
+16,000
| New | +$785K |
|
2681
Apogee Enterprises
APOG
$900M
| $737K | ﹤0.01% |
19,283
+10,683
| +124% | +$435K |
|
2682
Good Times Restaurants
GTIM
$15M
| $737K | ﹤0.01% |
339,683
-32,400
| -9% | -$94.9K |
|
2683
Anterix
ATEX
$1.96B
| $736K | ﹤0.01% |
20,600
+9,300
| +82% | +$386K |
|
2684
Peoples Bancorp of North Carolina
PEBK
$229M
| $736K | ﹤0.01% |
29,692
-7,200
| -20% | -$189K |
|
|
RDNW
2685
RideNow Group
RDNW
$264M
| $736K | ﹤0.01% |
43,495
+29,495
| +211% | +$595K |
|
2686
iShares Russell 2000 Value ETF
IWN
$14.5B
| $735K | ﹤0.01% |
5,700
+2,400
| +73% | +$347K |
|
2687
Alta Equipment Group
ALTG
$240M
| $734K | ﹤0.01% |
66,700
-21,600
| -24% | -$248K |
|
|
SCWX
2688
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $734K | ﹤0.01% |
91,240
-18,000
| -16% | -$178K |
|
2689
Roivant Sciences
ROIV
$25.4B
| $732K | ﹤0.01% |
227,400
+143,100
| +170% | +$554K |
|
2690
ProShares UltraPro Short 20+ Year Treasury
TTT
$19M
| $730K | ﹤0.01% |
9,600
+300
| +3% | +$17.9K |
|
|
SEV
2691
DELISTED
Sono Group N.V. Common Shares
SEV
| $729K | ﹤0.01% |
287,168
-197,032
| -41% | -$586K |
|
2692
Celldex Therapeutics
CLDX
$3.26B
| $728K | ﹤0.01% |
+25,888
| New | +$794K |
|
|
DESP
2693
DELISTED
Despegar.com
DESP
| $726K | ﹤0.01% |
+127,318
| New | +$968K |
|
2694
Fidelity MSCI Energy Index ETF
FENY
$1.96B
| $725K | ﹤0.01% |
36,500
-65,300
| -64% | -$1.35M |
|
2695
VirnetX Holding Corp
VHC
$67M
| $725K | ﹤0.01% |
30,970
-12,055
| -28% | -$389K |
|
|
GURE
2696
Gulf Resources
GURE
$4.85M
| $723K | ﹤0.01% |
21,507
-2,530
| -11% | -$104K |
|
2697
Pathward Financial
CASH
$1.86B
| $722K | ﹤0.01% |
21,900
+10,700
| +96% | +$384K |
|
2698
InnovAge Holding
INNV
$1.49B
| $721K | ﹤0.01% |
122,600
-1,200
| -1% | -$5.49K |
|
|
ACCS
2699
ACCESS Newswire
ACCS
$26.1M
| $721K | ﹤0.01% |
35,538
-3,500
| -9% | -$80K |
|
2700
Vanguard Russell 1000 ETF
VONE
$8.52B
| $719K | ﹤0.01% |
4,400
+1,900
| +76% | +$345K |
|
Similar funds
Renaissance Technologies's Q3 2022 Portfolio in Review
As of Q3 2022, Renaissance Technologies held 4,619 positions worth $70.7B, down 16% from $84.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $8.71B in Q3 2022, closing 637 positions and reducing 2,164 holdings. Its most notable exit was Shopify, an estimated $439M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class A worth $498M.
- Renaissance Technologies's largest Q3 2022 buy was Alphabet (Google) Class A: 5,208,460 shares worth $498M.
- Renaissance Technologies added most to Advanced Micro Devices in Q3 2022, an estimated $404M increase.
- Renaissance Technologies's biggest Q3 2022 reduction was Apple, cutting an estimated $777M.
- Renaissance Technologies fully exited Shopify in Q3 2022, selling an estimated $439M.
- Renaissance Technologies's ten largest holdings make up 11% of its $70.7B portfolio in Q3 2022.
- Renaissance Technologies opened 441 new positions and closed 637 in Q3 2022.
- Renaissance Technologies's portfolio value fell 16% quarter-over-quarter to $70.7B.
Based on Renaissance Technologies's 13F filing for Q3 2022, filed 14 Nov 2022.