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 | |
|---|---|---|---|---|---|---|
|
NVEI
2776
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $635K | ﹤0.01% |
23,500
-24,500
| -51% | -$799K |
|
2777
N-able
NABL
$917M
| $634K | ﹤0.01% |
68,700
-2,400
| -3% | -$23.4K |
|
2778
Twin Disc
TWIN
$337M
| $634K | ﹤0.01% |
55,293
-6,300
| -10% | -$62.1K |
|
2779
NextCure
NXTC
$22.7M
| $633K | ﹤0.01% |
19,167
-5,145
| -21% | -$262K |
|
|
LNW
2780
DELISTED
Light & Wonder
LNW
| $632K | ﹤0.01% |
+14,728
| New | +$728K |
|
2781
State Street SPDR Dow Jones REIT ETF
RWR
$1.96B
| $632K | ﹤0.01% |
7,500
-13,900
| -65% | -$1.36M |
|
|
HTBK
2782
DELISTED
Heritage Commerce
HTBK
| $631K | ﹤0.01% |
55,600
-3,300
| -6% | -$37.9K |
|
2783
Ribbon Communications
RBBN
$376M
| $631K | ﹤0.01% |
284,124
+168,824
| +146% | +$535K |
|
|
TUP
2784
DELISTED
Tupperware Brands Corporation
TUP
| $630K | ﹤0.01% |
96,200
+21,000
| +28% | +$189K |
|
|
LIAN
2785
DELISTED
LianBio American Depositary Shares
LIAN
| $630K | ﹤0.01% |
315,000
+254,100
| +417% | +$608K |
|
|
SY
2786
So-Young International
SY
$212M
| $627K | ﹤0.01% |
870,161
-533,067
| -38% | -$473K |
|
2787
AquaBounty Technologies
AQB
$5.51M
| $626K | ﹤0.01% |
40,070
+17,590
| +78% | +$463K |
|
2788
Vanguard S&P 500 Growth ETF
VOOG
$27B
| $626K | ﹤0.01% |
18,000
+1,200
| +7% | +$46.9K |
|
|
UBX
2789
DELISTED
Unity Biotechnology
UBX
| $625K | ﹤0.01% |
158,237
+62,465
| +65% | +$394K |
|
2790
Hayward Holdings
HAYW
$3.32B
| $624K | ﹤0.01% |
70,300
-82,000
| -54% | -$964K |
|
2791
Meridian
MRBK
$235M
| $624K | ﹤0.01% |
42,790
-24,810
| -37% | -$369K |
|
|
AGFS
2792
DELISTED
AgroFresh Solutions Inc
AGFS
| $624K | ﹤0.01% |
416,111
-26,400
| -6% | -$44.4K |
|
2793
Bel Fuse Inc Class A
BELFA
$3.36B
| $623K | ﹤0.01% |
22,300
-2,100
| -9% | -$58.1K |
|
|
MKFG
2794
DELISTED
Markforged Holding Corporation
MKFG
| $623K | ﹤0.01% |
31,483
-32,687
| -51% | -$757K |
|
2795
iShares Select U.S. REIT ETF
ICF
$2.08B
| $622K | ﹤0.01% |
+11,600
| New | +$721K |
|
2796
Vanguard Morningstar Large-Cap ETF
VV
$54B
| $622K | ﹤0.01% |
+3,800
| New | +$691K |
|
2797
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.6B
| $621K | ﹤0.01% |
16,100
-11,300
| -41% | -$479K |
|
2798
Equinox Gold
EQX
$12.5B
| $620K | ﹤0.01% |
169,800
-157,800
| -48% | -$614K |
|
|
VIP
2799
Vulcan Infrastructure and Power Inc. Class A Common Stock
VIP
$37.5M
| $618K | ﹤0.01% |
30,880
-10,970
| -26% | -$302K |
|
2800
Acadia Pharmaceuticals
ACAD
$4.9B
| $617K | ﹤0.01% |
+37,700
| New | +$611K |
|
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.