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 | |
|---|---|---|---|---|---|---|
2776
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.8B
| $432K | ﹤0.01% |
+15,300
| New | +$447K |
|
2777
First Bancorp
FBNC
$2.66B
| $431K | ﹤0.01% |
+15,331
| New | +$470K |
|
2778
Neuropace
NPCE
$488M
| $431K | ﹤0.01% |
44,285
+26,985
| +156% | +$158K |
|
2779
Prelude Therapeutics
PRLD
$364M
| $431K | ﹤0.01% |
139,374
-43,926
| -24% | -$165K |
|
2780
Pyxis Oncology
PYXS
$220M
| $430K | ﹤0.01% |
216,251
-36,978
| -15% | -$85.7K |
|
2781
Tango Therapeutics
TNGX
$4.71B
| $430K | ﹤0.01% |
38,200
-40,500
| -51% | -$247K |
|
2782
Karat Packaging
KRT
$845M
| $429K | ﹤0.01% |
+18,615
| New | +$399K |
|
2783
Vanguard Russell 2000 ETF
VTWO
$17.8B
| $429K | ﹤0.01% |
6,000
-12,000
| -67% | -$911K |
|
2784
Weyco Group
WEYS
$411M
| $429K | ﹤0.01% |
16,926
+1,500
| +10% | +$39.8K |
|
|
GPGI
2785
GPGI Inc
GPGI
$4.41B
| $428K | ﹤0.01% |
79,825
-182,162
| -70% | -$1.02M |
|
2786
Four Corners Property Trust
FCPT
$2.75B
| $428K | ﹤0.01% |
19,300
-56,300
| -74% | -$1.42M |
|
2787
Emerson Radio
MSN
$7.73M
| $428K | ﹤0.01% |
755,888
-12,000
| -2% | -$6.8K |
|
2788
iShares Core S&P US Growth ETF
IUSG
$33.5B
| $427K | ﹤0.01% |
4,500
-1,200
| -21% | -$118K |
|
2789
Hagerty
HGTY
$1.37B
| $426K | ﹤0.01% |
52,100
+6,700
| +15% | +$58.7K |
|
2790
RUM Group Inc
RUM
$1.71B
| $426K | ﹤0.01% |
+83,600
| New | +$625K |
|
|
COE
2791
51Talk Online Education Group
COE
$110M
| $424K | ﹤0.01% |
48,175
-4,400
| -8% | -$36.8K |
|
|
SSBK
2792
DELISTED
Southern States Bancshares
SSBK
| $422K | ﹤0.01% |
+18,663
| New | +$430K |
|
|
LIAN
2793
DELISTED
LianBio American Depositary Shares
LIAN
| $421K | ﹤0.01% |
282,602
-25,898
| -8% | -$49.3K |
|
2794
Red Robin
RRGB
$156M
| $419K | ﹤0.01% |
52,166
-180,600
| -78% | -$2.15M |
|
|
EMKR
2795
DELISTED
Emcore Corp
EMKR
| $419K | ﹤0.01% |
88,080
-28,128
| -24% | -$183K |
|
2796
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.6B
| $418K | ﹤0.01% |
+16,000
| New | +$450K |
|
2797
OmniAb
OABI
$313M
| $415K | ﹤0.01% |
79,959
-59,900
| -43% | -$320K |
|
|
MNTX
2798
DELISTED
Manitex International, Inc.
MNTX
| $413K | ﹤0.01% |
88,440
-812
| -0.9% | -$3.96K |
|
2799
Dimensional US Marketwide Value ETF
DFUV
$15.7B
| $412K | ﹤0.01% |
12,100
-11,000
| -48% | -$385K |
|
|
SDPI
2800
DELISTED
Superior Drilling Products Inc.
SDPI
| $412K | ﹤0.01% |
515,241
+112,057
| +28% | +$122K |
|
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.