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 | |
|---|---|---|---|---|---|---|
2876
Union Bankshares
UNB
$109M
| $553K | ﹤0.01% |
24,432
-2,358
| -9% | -$60.6K |
|
2877
C4 Therapeutics
CCCC
$402M
| $551K | ﹤0.01% |
62,800
+51,300
| +446% | +$533K |
|
2878
Cricut
CRCT
$1.27B
| $550K | ﹤0.01% |
59,400
+12,300
| +26% | +$90.2K |
|
2879
Xerox
XRX
$424M
| $548K | ﹤0.01% |
41,900
-31,200
| -43% | -$505K |
|
2880
Geron
GERN
$1.01B
| $547K | ﹤0.01% |
233,700
+22,500
| +11% | +$50.4K |
|
2881
Latham Group
SWIM
$848M
| $545K | ﹤0.01% |
151,800
+3,500
| +2% | +$20K |
|
2882
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.7B
| $545K | ﹤0.01% |
3,800
-5,300
| -58% | -$842K |
|
2883
Howard Hughes
HHH
$4.06B
| $543K | ﹤0.01% |
+10,280
| New | +$658K |
|
|
FREE
2884
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $542K | ﹤0.01% |
141,100
+27,100
| +24% | +$148K |
|
|
BNFT
2885
DELISTED
Benefitfocus, Inc.
BNFT
| $542K | ﹤0.01% |
85,300
-13,200
| -13% | -$97.9K |
|
2886
Heritage Insurance Holdings
HRTG
$1.07B
| $540K | ﹤0.01% |
238,899
-22,900
| -9% | -$61.3K |
|
2887
iShares Asia 50 ETF
AIA
$4.7B
| $539K | ﹤0.01% |
+10,800
| New | +$632K |
|
2888
Red River Bancshares
RRBI
$663M
| $539K | ﹤0.01% |
10,900
+1,500
| +16% | +$79.1K |
|
2889
Butterfly Network
BFLY
$2.21B
| $538K | ﹤0.01% |
114,500
-1,047,500
| -90% | -$5.53M |
|
|
SFT
2890
DELISTED
Shift Technologies, Inc. Class A Common Stock
SFT
| $538K | ﹤0.01% |
76,820
+1,550
| +2% | +$14.9K |
|
2891
Scholar Rock
SRRK
$6.31B
| $536K | ﹤0.01% |
77,400
+25,500
| +49% | +$212K |
|
|
FPAY
2892
DELISTED
FlexShopper
FPAY
| $535K | ﹤0.01% |
287,780
+100,125
| +53% | +$169K |
|
|
LTRPA
2893
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $535K | ﹤0.01% |
490,609
+36,509
| +8% | +$38.5K |
|
2894
iShares Russell Mid-Cap Growth ETF
IWP
$20.2B
| $533K | ﹤0.01% |
+6,800
| New | +$585K |
|
|
TSRI
2895
DELISTED
TSR Inc. New
TSRI
| $533K | ﹤0.01% |
73,950
-14,900
| -17% | -$124K |
|
2896
Bowman Consulting
BWMN
$472M
| $531K | ﹤0.01% |
36,400
-300
| -0.8% | -$4.34K |
|
2897
Neuronetics
STIM
$157M
| $531K | ﹤0.01% |
167,021
+81,752
| +96% | +$297K |
|
2898
Blackbaud
BLKB
$2.1B
| $529K | ﹤0.01% |
+11,997
| New | +$647K |
|
2899
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.6B
| $529K | ﹤0.01% |
3,100
-3,100
| -50% | -$587K |
|
|
DSEY
2900
DELISTED
Diversey Holdings, Ltd. Ordinary Shares
DSEY
| $529K | ﹤0.01% |
108,800
-216,300
| -67% | -$1.37M |
|
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.