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 | |
|---|---|---|---|---|---|---|
2826
Highway Holdings
HIHO
$4.95M
| $391K | ﹤0.01% |
197,715
-1,225
| -0.6% | -$2.57K |
|
|
TEAD
2827
Teads Holding Co
TEAD
$67.9M
| $391K | ﹤0.01% |
80,300
+4,800
| +6% | +$25.4K |
|
2828
Vanguard Morningstar Large-Cap ETF
VV
$54B
| $391K | ﹤0.01% |
2,000
-4,500
| -69% | -$916K |
|
2829
Design Therapeutics
DSGN
$849M
| $388K | ﹤0.01% |
164,200
+69,092
| +73% | +$322K |
|
2830
Scholar Rock
SRRK
$6.2B
| $388K | ﹤0.01% |
54,700
-38,200
| -41% | -$257K |
|
2831
Mannatech
MTEX
$9.44M
| $387K | ﹤0.01% |
37,399
-100
| -0.3% | -$1.21K |
|
|
TSVT
2832
DELISTED
2seventy bio
TSVT
| $387K | ﹤0.01% |
+98,839
| New | +$648K |
|
|
EFXT
2833
Enerflex
EFXT
$2.55B
| $386K | ﹤0.01% |
67,100
-60,600
| -47% | -$407K |
|
2834
Invesco Aerospace & Defense ETF
PPA
$8.68B
| $383K | ﹤0.01% |
4,800
-11,500
| -71% | -$961K |
|
|
RERE
2835
ATRenew
RERE
$977M
| $383K | ﹤0.01% |
167,800
+56,500
| +51% | +$142K |
|
2836
Knight Transportation
KNX
$11.5B
| $382K | ﹤0.01% |
+7,627
| New | +$423K |
|
|
ELSE
2837
DELISTED
Electro-Sensors
ELSE
| $380K | ﹤0.01% |
97,200
-600
| -0.6% | -$2.52K |
|
|
PARAA
2838
DELISTED
Paramount Global Class A
PARAA
| $379K | ﹤0.01% |
24,003
-3,800
| -14% | -$68K |
|
2839
Verastem
VSTM
$505M
| $377K | ﹤0.01% |
46,365
-26,300
| -36% | -$253K |
|
2840
Bank7 Corp
BSVN
$474M
| $374K | ﹤0.01% |
16,627
+8,327
| +100% | +$209K |
|
|
CASA
2841
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $371K | ﹤0.01% |
437,700
+16,300
| +4% | +$15.8K |
|
2842
Nautilus Biotechnolgy
NAUT
$113M
| $369K | ﹤0.01% |
116,800
+400
| +0.3% | +$1.3K |
|
|
YI
2843
111 Inc
YI
$34.2M
| $369K | ﹤0.01% |
14,175
-960
| -6% | -$26.9K |
|
2844
Ocugen
OCGN
$414M
| $368K | ﹤0.01% |
921,151
-1,550,005
| -63% | -$765K |
|
|
BRDG
2845
DELISTED
Bridge Investment Group
BRDG
| $367K | ﹤0.01% |
+39,900
| New | +$441K |
|
2846
Offerpad Solutions
OPAD
$22.6M
| $367K | ﹤0.01% |
3,765
+910
| +32% | +$102K |
|
2847
Business First Bancshares
BFST
$1.03B
| $366K | ﹤0.01% |
19,500
-5,800
| -23% | -$108K |
|
2848
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.19B
| $366K | ﹤0.01% |
+5,000
| New | +$385K |
|
2849
LiveOne
LVO
$60.5M
| $365K | ﹤0.01% |
38,120
+16,950
| +80% | +$269K |
|
2850
PEDEVCO
PED
$140M
| $365K | ﹤0.01% |
18,055
+1,774
| +11% | +$33.8K |
|
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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.