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 | |
|---|---|---|---|---|---|---|
2851
Quince Therapeutics
QNCX
$28.7M
| $364K | ﹤0.01% |
1,625
+181
| +13% | +$47.3K |
|
2852
Acumen Pharmaceuticals
ABOS
$163M
| $363K | ﹤0.01% |
87,400
+42,600
| +95% | +$263K |
|
2853
Superior Group of Companies
SGC
$229M
| $363K | ﹤0.01% |
46,700
-43,998
| -49% | -$382K |
|
|
ILPT
2854
Industrial Logistics Properties Trust
ILPT
$576M
| $361K | ﹤0.01% |
125,000
+101,490
| +432% | +$384K |
|
2855
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$2.07B
| $360K | ﹤0.01% |
+13,500
| New | +$379K |
|
2856
MGIC Investment
MTG
$6.21B
| $359K | ﹤0.01% |
21,500
-230,789
| -91% | -$3.92M |
|
2857
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.4B
| $359K | ﹤0.01% |
+17,000
| New | +$368K |
|
2858
ING
ING
$102B
| $357K | ﹤0.01% |
+27,110
| New | +$382K |
|
|
GURE
2859
Gulf Resources
GURE
$4.68M
| $356K | ﹤0.01% |
19,029
-700
| -4% | -$15.1K |
|
2860
Yunhong Green CTI Ltd
YHGJ
$8.27M
| $356K | ﹤0.01% |
13,419
-2,078
| -13% | -$40.1K |
|
|
NRGD
2861
DELISTED
MicroSectors US Big Oil -3x Inverse Leveraged ETN
NRGD
| $356K | ﹤0.01% |
+1,700
| New | +$419K |
|
|
ADTH
2862
DELISTED
AdTheorent Holding Co
ADTH
| $356K | ﹤0.01% |
275,900
+202,154
| +274% | +$278K |
|
2863
iShares Dow Jones US ETF
IYY
$3.05B
| $355K | ﹤0.01% |
3,400
+1,100
| +48% | +$120K |
|
2864
MainStreet Bancshares
MNSB
$166M
| $351K | ﹤0.01% |
17,100
-3,549
| -17% | -$81.1K |
|
2865
QuickLogic
QUIK
$247M
| $350K | ﹤0.01% |
40,689
+30,389
| +295% | +$256K |
|
|
ALIM
2866
DELISTED
Alimera Sciences
ALIM
| $350K | ﹤0.01% |
112,894
-16,822
| -13% | -$55.6K |
|
2867
Toro Corp
TORO
$183M
| $349K | ﹤0.01% |
59,800
+38,200
| +177% | +$203K |
|
2868
Broadwind
BWEN
$106M
| $344K | ﹤0.01% |
107,628
-19,072
| -15% | -$72.5K |
|
|
CNTA
2869
DELISTED
Centessa Pharmaceuticals
CNTA
| $344K | ﹤0.01% |
53,100
+18,800
| +55% | +$129K |
|
|
WCLD
2870
WisdomTree Cloud Computing Fund
WCLD
$285M
| $344K | ﹤0.01% |
+11,600
| New | +$366K |
|
|
HOOK
2871
DELISTED
HOOKIPA Pharma
HOOK
| $342K | ﹤0.01% |
55,564
-35,420
| -39% | -$260K |
|
2872
Telesat
TSAT
$820M
| $342K | ﹤0.01% |
23,900
+13,200
| +123% | +$179K |
|
|
BNR
2873
Burning Rock Biotech
BNR
$93.7M
| $341K | ﹤0.01% |
35,200
-410
| -1% | -$6.4K |
|
2874
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $340K | ﹤0.01% |
7,073
-366,827
| -98% | -$18.2M |
|
2875
Inseego
INSG
$84M
| $339K | ﹤0.01% |
80,701
-2,668
| -3% | -$16.6K |
|
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.