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 |
Microsoft
MSFT
|
+$533M |
| 2 |
Apple
AAPL
|
+$347M |
| 3 |
Micron Technology
MU
|
+$272M |
| 4 |
Eli Lilly
LLY
|
+$232M |
| 5 |
Super Micro Computer
SMCI
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$472M |
| 2 |
NVIDIA
NVDA
|
+$413M |
| 3 |
Tesla
TSLA
|
+$403M |
| 4 |
Coinbase
COIN
|
+$236M |
| 5 |
Johnson & Johnson
JNJ
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.66% |
| 2 | Healthcare | 16.81% |
| 3 | Consumer Discretionary | 13.04% |
| 4 | Industrials | 9.63% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2801
NWPX Infrastructure Inc
NWPX
$1.14B
| $487K | ﹤0.01% |
+10,800
| New | +$431K |
|
2802
iShares MSCI World ETF
URTH
$8.2B
| $486K | ﹤0.01% |
3,100
-26,400
| -89% | -$3.98M |
|
2803
WaFd
WAFD
$2.77B
| $485K | ﹤0.01% |
13,929
-125,601
| -90% | -$4.27M |
|
2804
Option Care Health
OPCH
$3.54B
| $485K | ﹤0.01% |
+15,500
| New | +$476K |
|
|
SWKH
2805
DELISTED
SWK Holdings
SWKH
| $481K | ﹤0.01% |
35,143
+13,941
| +66% | +$189K |
|
2806
Orthofix Medical
OFIX
$428M
| $481K | ﹤0.01% |
30,791
-25,280
| -45% | -$405K |
|
|
NEWP
2807
New Pacific Metals
NEWP
$1.09B
| $481K | ﹤0.01% |
322,700
+123,500
| +62% | +$179K |
|
2808
Scully Royalty
SRL
$86.5M
| $480K | ﹤0.01% |
60,014
+5,500
| +10% | +$42.1K |
|
2809
Claros Mortgage Trust
CMTG
$247M
| $478K | ﹤0.01% |
+63,800
| New | +$531K |
|
2810
E.W. Scripps
SSP
$270M
| $477K | ﹤0.01% |
212,683
+103,200
| +94% | +$264K |
|
2811
iShares Gold Trust
IAU
$66B
| $477K | ﹤0.01% |
+9,600
| New | +$449K |
|
2812
Avantis US Equity ETF
AVUS
$14.3B
| $476K | ﹤0.01% |
5,000
-11,200
| -69% | -$1.03M |
|
2813
Viavi Solutions
VIAV
$10B
| $475K | ﹤0.01% |
+52,700
| New | +$418K |
|
2814
iHeartMedia
IHRT
$574M
| $474K | ﹤0.01% |
256,300
+89,500
| +54% | +$133K |
|
|
ALLK
2815
DELISTED
Allakos
ALLK
| $474K | ﹤0.01% |
725,839
+163,428
| +29% | +$118K |
|
2816
Freedom Holding
FRHC
$9.39B
| $474K | ﹤0.01% |
+5,000
| New | +$435K |
|
2817
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.75B
| $474K | ﹤0.01% |
9,600
+800
| +9% | +$37.9K |
|
2818
Rallybio
RLYB
$85.9M
| $472K | ﹤0.01% |
50,463
+7,875
| +18% | +$75.9K |
|
2819
ThredUp
TDUP
$401M
| $470K | ﹤0.01% |
558,733
+114,321
| +26% | +$140K |
|
2820
Xtant Medical Holdings
XTNT
$62.1M
| $469K | ﹤0.01% |
694,208
-9,602
| -1% | -$6.35K |
|
|
PROF
2821
Profound Medical
PROF
$289M
| $469K | ﹤0.01% |
+58,900
| New | +$532K |
|
|
ABX
2822
Abacus Global Management
ABX
$998M
| $467K | ﹤0.01% |
46,166
+33,966
| +278% | +$334K |
|
2823
Greenwich LifeSciences
GLSI
$209M
| $467K | ﹤0.01% |
32,500
-4,400
| -12% | -$65.2K |
|
|
REE
2824
DELISTED
REE Automotive
REE
| $464K | ﹤0.01% |
65,777
+3,400
| +5% | +$14K |
|
2825
MicroSectors Gold Miners 3x Leveraged ETN
GDXU
$914M
| $464K | ﹤0.01% |
+9,913
| New | +$425K |
|
Similar funds
Renaissance Technologies's Q3 2024 Portfolio in Review
As of Q3 2024, Renaissance Technologies held 4,024 positions worth $66.5B, up 13% from $59B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.2B of net new capital in Q3 2024, opening 578 new positions and adding to 1,558 existing holdings. Its largest new stake was Micron Technology: 2,604,914 shares worth $270M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $413M trimmed.
- Renaissance Technologies's largest Q3 2024 buy was Micron Technology: 2,604,914 shares worth $270M.
- Renaissance Technologies added most to Microsoft in Q3 2024, an estimated $533M increase.
- Renaissance Technologies's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $413M.
- Renaissance Technologies fully exited Broadcom in Q3 2024, selling an estimated $472M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.5B portfolio in Q3 2024.
- Renaissance Technologies opened 578 new positions and closed 539 in Q3 2024.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $66.5B.
Based on Renaissance Technologies's 13F filing for Q3 2024, filed 13 Nov 2024.