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 | |
|---|---|---|---|---|---|---|
2676
KLX Energy Services
KLXE
$44.2M
| $534K | ﹤0.01% |
45,100
-110,400
| -71% | -$1.23M |
|
2677
The Honest Company
HNST
$597M
| $533K | ﹤0.01% |
423,300
-136,366
| -24% | -$200K |
|
2678
Kimco Realty
KIM
$16.4B
| $533K | ﹤0.01% |
30,314
-655,700
| -96% | -$12.7M |
|
2679
P3 Health Partners
PIII
$36.2M
| $533K | ﹤0.01% |
7,256
+5,925
| +445% | +$615K |
|
|
VTRU
2680
DELISTED
Vitru Limited Common Shares
VTRU
| $531K | ﹤0.01% |
30,210
+142
| +0.5% | +$2.29K |
|
2681
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.6B
| $530K | ﹤0.01% |
12,100
+7,500
| +163% | +$345K |
|
2682
Gaia
GAIA
$48.1M
| $529K | ﹤0.01% |
194,600
+96,200
| +98% | +$230K |
|
2683
iShares MSCI ACWI ETF
ACWI
$33.3B
| $527K | ﹤0.01% |
+5,700
| New | +$547K |
|
|
SELF
2684
Global Self Storage
SELF
$60.3M
| $525K | ﹤0.01% |
108,055
-2,001
| -2% | -$10K |
|
2685
Xtrackers S&P 500 ESG ETF
SNPE
$2.73B
| $525K | ﹤0.01% |
13,400
+4,900
| +58% | +$200K |
|
2686
Merchants Bancorp
MBIN
$2.48B
| $524K | ﹤0.01% |
18,900
-10,500
| -36% | -$303K |
|
2687
Vermilion Energy
VET
$1.68B
| $524K | ﹤0.01% |
35,822
-483,839
| -93% | -$6.81M |
|
|
TVRD
2688
Tvardi Therapeutics
TVRD
$23.1M
| $524K | ﹤0.01% |
8,664
-3,393
| -28% | -$318K |
|
2689
City Holding Co
CHCO
$2.04B
| $523K | ﹤0.01% |
+5,788
| New | +$537K |
|
2690
Lifecore Biomedical
LFCR
$182M
| $523K | ﹤0.01% |
69,300
-39,951
| -37% | -$365K |
|
2691
Nuvation Bio
NUVB
$2.13B
| $523K | ﹤0.01% |
390,000
+78,100
| +25% | +$130K |
|
|
DFUS
2692
Dimensional US Equity ETF
DFUS
$21.5B
| $521K | ﹤0.01% |
+11,200
| New | +$542K |
|
2693
ARS Pharmaceuticals
SPRY
$551M
| $521K | ﹤0.01% |
137,700
-166,600
| -55% | -$1.09M |
|
|
TSRI
2694
DELISTED
TSR Inc. New
TSRI
| $518K | ﹤0.01% |
62,350
-4,714
| -7% | -$35.8K |
|
|
SKYT
2695
DELISTED
SkyWater Technology
SKYT
| $517K | ﹤0.01% |
85,900
-8,800
| -9% | -$66.8K |
|
2696
Wheels Up
UP
$197M
| $513K | ﹤0.01% |
12,394
-515
| -4% | -$20.7K |
|
|
JCTC
2697
Jewett-Cameron Trading
JCTC
$9.86M
| $510K | ﹤0.01% |
109,628
-500
| -0.5% | -$2.34K |
|
2698
Phinia Inc
PHIN
$2.74B
| $509K | ﹤0.01% |
+19,000
| New | +$526K |
|
2699
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11B
| $506K | ﹤0.01% |
7,000
-1,900
| -21% | -$143K |
|
|
EDN
2700
Edenor
EDN
$1.09B
| $505K | ﹤0.01% |
42,100
-13,799
| -25% | -$195K |
|
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.