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 | |
|---|---|---|---|---|---|---|
|
LND
2801
BrasilAgro
LND
$358M
| $617K | ﹤0.01% |
110,200
-46,600
| -30% | -$237K |
|
2802
Inseego
INSG
$86.3M
| $616K | ﹤0.01% |
29,768
-17,053
| -36% | -$412K |
|
|
NINE
2803
DELISTED
Nine Energy Service
NINE
| $616K | ﹤0.01% |
233,391
+40,091
| +21% | +$113K |
|
2804
Amkor Technology
AMKR
$13.5B
| $614K | ﹤0.01% |
36,000
-17,600
| -33% | -$339K |
|
2805
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.22B
| $614K | ﹤0.01% |
7,600
+1,200
| +19% | +$107K |
|
2806
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.7B
| $613K | ﹤0.01% |
6,600
-4,100
| -38% | -$426K |
|
2807
Liberty Latin America Class A
LILA
$1.75B
| $612K | ﹤0.01% |
145,520
+73,981
| +103% | +$357K |
|
2808
Q32 Bio
QTTB
$482M
| $610K | ﹤0.01% |
21,061
+7,239
| +52% | +$295K |
|
|
ADAP
2809
DELISTED
Adaptimmune Therapeutics
ADAP
| $609K | ﹤0.01% |
566,232
+56,232
| +11% | +$103K |
|
2810
Smith Micro Software
SMSI
$15.7M
| $607K | ﹤0.01% |
6,710
-11,370
| -63% | -$1.15M |
|
|
LUNA
2811
DELISTED
Luna Innovations Incorporated
LUNA
| $607K | ﹤0.01% |
136,801
-29,700
| -18% | -$170K |
|
2812
Biomea Fusion
BMEA
$90.4M
| $604K | ﹤0.01% |
61,800
+12,700
| +26% | +$146K |
|
|
HLTH
2813
DELISTED
Cue Health Inc. Common Stock
HLTH
| $604K | ﹤0.01% |
200,600
+31,318
| +19% | +$111K |
|
|
AMK
2814
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $602K | ﹤0.01% |
32,900
+4,600
| +16% | +$89.2K |
|
2815
iShares S&P 100 ETF
OEF
$20.5B
| $601K | ﹤0.01% |
+3,700
| New | +$672K |
|
2816
American Superconductor
AMSC
$1.59B
| $600K | ﹤0.01% |
136,889
+95,200
| +228% | +$493K |
|
2817
iShares Core Dividend Growth ETF
DGRO
$43.4B
| $600K | ﹤0.01% |
13,500
+7,600
| +129% | +$374K |
|
2818
Direxion Daily Real Estate Bear 3X ETF
DRV
$26.1M
| $600K | ﹤0.01% |
8,900
-9,800
| -52% | -$454K |
|
2819
UNIFI
UFI
$128M
| $600K | ﹤0.01% |
63,134
+26,000
| +70% | +$324K |
|
2820
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.7B
| $597K | ﹤0.01% |
+23,100
| New | +$666K |
|
2821
TELA Bio
TELA
$38.5M
| $596K | ﹤0.01% |
70,000
+58,100
| +488% | +$482K |
|
2822
CVRx
CVRX
$158M
| $595K | ﹤0.01% |
63,800
-39,000
| -38% | -$309K |
|
2823
Perella Weinberg Partners
PWP
$1.26B
| $595K | ﹤0.01% |
94,000
-48,200
| -34% | -$342K |
|
|
RMO
2824
DELISTED
Romeo Power, Inc.
RMO
| $595K | ﹤0.01% |
1,487,836
-4,890,592
| -77% | -$2.94M |
|
2825
MediWound
MDWD
$184M
| $594K | ﹤0.01% |
61,006
-6,911
| -10% | -$87.1K |
|
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.