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 | |
|---|---|---|---|---|---|---|
2751
Value Line
VALU
$339M
| $450K | ﹤0.01% |
10,300
| – | – |
|
2752
Vanguard Long-Term Bond ETF
BLV
$5.73B
| $449K | ﹤0.01% |
6,700
+200
| +3% | +$14.3K |
|
2753
Coastal Financial
CCB
$671M
| $449K | ﹤0.01% |
10,474
-21,733
| -67% | -$943K |
|
2754
iShares US Consumer Discretionary ETF
IYC
$1.21B
| $449K | ﹤0.01% |
+6,700
| New | +$473K |
|
2755
Kenon Holdings
KEN
$3.41B
| $447K | ﹤0.01% |
19,700
-1,300
| -6% | -$31.7K |
|
2756
Instil Bio
TIL
$49.4M
| $447K | ﹤0.01% |
52,271
-11,130
| -18% | -$112K |
|
2757
GH Research
GHRS
$2.1B
| $446K | ﹤0.01% |
44,400
+18,900
| +74% | +$218K |
|
2758
Lindblad Expeditions
LIND
$2.23B
| $446K | ﹤0.01% |
61,953
+38,553
| +165% | +$367K |
|
2759
iShares US Equity Factor ETF
LRGF
$3.68B
| $446K | ﹤0.01% |
+10,300
| New | +$462K |
|
|
BFX
2760
DELISTED
BowFlex Inc.
BFX
| $446K | ﹤0.01% |
524,600
+47,100
| +10% | +$46.5K |
|
2761
PLAYSTUDIOS Inc
MYPS
$93.1M
| $445K | ﹤0.01% |
140,000
+9,100
| +7% | +$36.1K |
|
2762
Vinci Compass Investments Ltd
VINP
$650M
| $445K | ﹤0.01% |
43,632
+13,100
| +43% | +$132K |
|
2763
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.95B
| $444K | ﹤0.01% |
21,022
-48,378
| -70% | -$1.02M |
|
2764
Neuronetics
STIM
$157M
| $443K | ﹤0.01% |
328,475
-44,825
| -12% | -$78.5K |
|
2765
State Street SPDR ICE Preferred Securities ETF
PSK
$683M
| $441K | ﹤0.01% |
13,600
-18,700
| -58% | -$616K |
|
2766
Digimarc Corp
DMRC
$171M
| $439K | ﹤0.01% |
13,500
-37,600
| -74% | -$1.2M |
|
2767
Sensient Technologies
SXT
$5.47B
| $439K | ﹤0.01% |
+7,500
| New | +$473K |
|
2768
WisdomTree US MidCap Dividend Fund
DON
$4.07B
| $438K | ﹤0.01% |
+10,700
| New | +$456K |
|
2769
Monte Rosa Therapeutics
GLUE
$1.33B
| $438K | ﹤0.01% |
91,500
+9,700
| +12% | +$62.5K |
|
2770
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.4B
| $438K | ﹤0.01% |
5,195
-10,705
| -67% | -$937K |
|
|
NEXN
2771
Nexxen International
NEXN
$610M
| $438K | ﹤0.01% |
124,100
-17,000
| -12% | -$94.1K |
|
2772
Assembly Biosciences
ASMB
$524M
| $437K | ﹤0.01% |
41,141
-17,026
| -29% | -$205K |
|
2773
iShares MSCI Mexico ETF
EWW
$1.97B
| $437K | ﹤0.01% |
7,500
-37,293
| -83% | -$2.31M |
|
2774
Schwab US Broad Market ETF
SCHB
$44.5B
| $434K | ﹤0.01% |
26,100
-22,800
| -47% | -$395K |
|
|
KNDI
2775
Kandi Technologies Group
KNDI
$70.3M
| $433K | ﹤0.01% |
125,137
+5,237
| +4% | +$18.4K |
|
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.