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 | |
|---|---|---|---|---|---|---|
2701
Zillow
ZG
$7.59B
| $719K | ﹤0.01% |
25,100
-126,400
| -83% | -$4.41M |
|
2702
Shattuck Labs
STTK
$684M
| $716K | ﹤0.01% |
265,100
-41,400
| -14% | -$155K |
|
|
RAPT
2703
DELISTED
RAPT Therapeutics
RAPT
| $715K | ﹤0.01% |
+3,713
| New | +$702K |
|
2704
ReposiTrak
TRAK
$158M
| $715K | ﹤0.01% |
133,608
-14,000
| -9% | -$76.2K |
|
|
INFN
2705
DELISTED
Infinera Corporation Common Stock
INFN
| $715K | ﹤0.01% |
147,800
-193,500
| -57% | -$1.06M |
|
2706
AirSculpt Technologies
AIRS
$337M
| $714K | ﹤0.01% |
111,000
-10,400
| -9% | -$83.6K |
|
2707
CleanSpark
CLSK
$3.27B
| $714K | ﹤0.01% |
+224,616
| New | +$972K |
|
|
CBD
2708
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $714K | ﹤0.01% |
201,700
-112,000
| -36% | -$397K |
|
2709
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.86B
| $712K | ﹤0.01% |
14,400
-19,000
| -57% | -$1M |
|
2710
BBVA Argentina
BBAR
$3.56B
| $711K | ﹤0.01% |
236,166
+21,236
| +10% | +$59.3K |
|
2711
AXT Inc
AXTI
$4.92B
| $708K | ﹤0.01% |
105,700
-7,400
| -7% | -$58.2K |
|
2712
MeiraGTx Holdings
MGTX
$1.18B
| $706K | ﹤0.01% |
83,972
-78,328
| -48% | -$691K |
|
|
WPRT
2713
Westport Fuel Systems
WPRT
$35.1M
| $705K | ﹤0.01% |
80,851
+2,191
| +3% | +$24.3K |
|
2714
Rigetti Computing
RGTI
$5.49B
| $703K | ﹤0.01% |
+373,700
| New | +$1.4M |
|
2715
GEE Group
JOB
$22.8M
| $702K | ﹤0.01% |
1,112,600
+862,630
| +345% | +$535K |
|
2716
Flexible Solutions
FSI
$64.2M
| $701K | ﹤0.01% |
424,645
-7,700
| -2% | -$17.1K |
|
2717
Invesco S&P 500 High Beta ETF
SPHB
$1.01B
| $700K | ﹤0.01% |
+12,200
| New | +$791K |
|
|
LONA
2718
LeonaBio Inc
LONA
$73.4M
| $698K | ﹤0.01% |
+23,500
| New | +$811K |
|
2719
Paymentus
PAY
$5.05B
| $695K | ﹤0.01% |
71,506
+2,406
| +3% | +$29.8K |
|
2720
Direxion Daily S&P 500 High Beta Bull 3X ETF
HIBL
$83.9M
| $694K | ﹤0.01% |
+33,600
| New | +$1.06M |
|
2721
Virco
VIRC
$95.2M
| $693K | ﹤0.01% |
162,728
-7,840
| -5% | -$32.5K |
|
2722
Voyager Therapeutics
VYGR
$189M
| $691K | ﹤0.01% |
116,800
+22,500
| +24% | +$144K |
|
2723
Beazer Homes USA
BZH
$915M
| $690K | ﹤0.01% |
+71,328
| New | +$978K |
|
2724
Dimensional US Marketwide Value ETF
DFUV
$15.7B
| $687K | ﹤0.01% |
+23,200
| New | +$754K |
|
2725
iShares Select Dividend ETF
DVY
$23.5B
| $686K | ﹤0.01% |
+6,400
| New | +$767K |
|
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.