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 | |
|---|---|---|---|---|---|---|
2701
Editas Medicine
EDIT
$445M
| $503K | ﹤0.01% |
64,500
-91,800
| -59% | -$787K |
|
2702
RAVE Restaurant Group
RAVE
$44.5M
| $503K | ﹤0.01% |
212,103
-9,997
| -5% | -$20.7K |
|
2703
Element Solutions
ESI
$9.37B
| $502K | ﹤0.01% |
25,600
-273,900
| -91% | -$5.44M |
|
2704
OP Bancorp
OPBK
$233M
| $500K | ﹤0.01% |
54,591
-19,409
| -26% | -$183K |
|
2705
Vanguard ESG US Stock ETF
ESGV
$13.5B
| $496K | ﹤0.01% |
6,600
-1,300
| -16% | -$102K |
|
2706
Vanguard High Dividend Yield ETF
VYM
$82.3B
| $496K | ﹤0.01% |
+4,800
| New | +$515K |
|
2707
Willamette Valley Vineyards
WVVI
$12M
| $493K | ﹤0.01% |
84,552
-1,200
| -1% | -$7.08K |
|
2708
Codexis
CDXS
$159M
| $492K | ﹤0.01% |
260,286
-761,302
| -75% | -$1.78M |
|
|
MTA
2709
Metalla Royalty & Streaming
MTA
$785M
| $492K | ﹤0.01% |
160,935
+55,835
| +53% | +$227K |
|
2710
The ONE Group
STKS
$54.3M
| $490K | ﹤0.01% |
89,000
-16,300
| -15% | -$111K |
|
2711
EuroDry
EDRY
$86.2M
| $488K | ﹤0.01% |
31,800
+6,200
| +24% | +$88.1K |
|
|
DFSV
2712
Dimensional US Small Cap Value ETF
DFSV
$8.3B
| $487K | ﹤0.01% |
19,200
-8,200
| -30% | -$216K |
|
|
OPOF
2713
DELISTED
Old Point Financial
OPOF
| $487K | ﹤0.01% |
26,635
-500
| -2% | -$9.19K |
|
2714
ACNB Corp
ACNB
$661M
| $485K | ﹤0.01% |
15,356
+100
| +0.7% | +$3.31K |
|
|
REFI
2715
Chicago Atlantic Real Estate Finance
REFI
$256M
| $484K | ﹤0.01% |
32,900
-66,800
| -67% | -$1.01M |
|
2716
Consensus Cloud Solutions
CCSI
$687M
| $483K | ﹤0.01% |
19,195
-26,500
| -58% | -$796K |
|
2717
Amneal Pharmaceuticals
AMRX
$5.77B
| $482K | ﹤0.01% |
+114,100
| New | +$426K |
|
2718
Dianthus Therapeutics
DNTH
$6.15B
| $481K | ﹤0.01% |
35,216
+5,110
| +17% | +$64.4K |
|
2719
Greenwich LifeSciences
GLSI
$209M
| $480K | ﹤0.01% |
54,298
-24,902
| -31% | -$234K |
|
2720
Peoples Bancorp of North Carolina
PEBK
$229M
| $478K | ﹤0.01% |
21,712
-1,000
| -4% | -$20.8K |
|
2721
First Trust Health Care AlphaDEX Fund
FXH
$1.05B
| $476K | ﹤0.01% |
+4,900
| New | +$508K |
|
2722
Avantis International Small Cap Value ETF
AVDV
$19.5B
| $474K | ﹤0.01% |
8,200
-19,200
| -70% | -$1.13M |
|
2723
Green Plains
GPRE
$1.06B
| $473K | ﹤0.01% |
15,700
-75,043
| -83% | -$2.46M |
|
2724
John Hancock Multifactor Mid Cap ETF
JHMM
$6.06B
| $473K | ﹤0.01% |
10,000
+5,600
| +127% | +$278K |
|
|
RTC
2725
DELISTED
Baijiayun Group
RTC
| $473K | ﹤0.01% |
23,339
-2,740
| -11% | -$80K |
|
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.