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 | |
|---|---|---|---|---|---|---|
|
THRX
2876
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $339K | ﹤0.01% |
126,194
+84,994
| +206% | +$333K |
|
2877
Choiceone Financial
COFS
$511M
| $338K | ﹤0.01% |
17,200
+300
| +2% | +$6.99K |
|
|
NEUE
2878
DELISTED
NeueHealth
NEUE
| $338K | ﹤0.01% |
56,563
+9,100
| +19% | +$93.5K |
|
2879
Align Technology
ALGN
$12.5B
| $336K | ﹤0.01% |
+1,100
| New | +$380K |
|
2880
SES AI
SES
$189M
| $336K | ﹤0.01% |
148,095
-22,300
| -13% | -$54.1K |
|
2881
Tiptree Inc
TIPT
$667M
| $334K | ﹤0.01% |
19,900
-18,800
| -49% | -$299K |
|
|
AINC
2882
DELISTED
Ashford Inc.
AINC
| $334K | ﹤0.01% |
54,253
-2,800
| -5% | -$24.3K |
|
2883
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $333K | ﹤0.01% |
+4,600
| New | +$340K |
|
2884
Pool Corp
POOL
$7.51B
| $333K | ﹤0.01% |
936
-56,400
| -98% | -$20.5M |
|
2885
Ebang International Holdings
EBON
$11.6M
| $332K | ﹤0.01% |
44,213
+1,200
| +3% | +$9.85K |
|
2886
Bogota Financial
BSBK
$111M
| $331K | ﹤0.01% |
44,800
+5,200
| +13% | +$41.2K |
|
2887
Global Indemnity Group
GBLI
$417M
| $330K | ﹤0.01% |
9,614
-1,600
| -14% | -$55.1K |
|
2888
Bolt Biotherapeutics
BOLT
$7.59M
| $327K | ﹤0.01% |
15,709
-8,488
| -35% | -$207K |
|
2889
iShares US Energy ETF
IYE
$1.7B
| $327K | ﹤0.01% |
+6,900
| New | +$318K |
|
2890
Nuvectis Pharma
NVCT
$628M
| $327K | ﹤0.01% |
25,400
-11,000
| -30% | -$159K |
|
2891
Pyxis Tankers
PXS
$49.2M
| $327K | ﹤0.01% |
87,901
-17,806
| -17% | -$64.1K |
|
2892
Genasys
GNSS
$78.8M
| $326K | ﹤0.01% |
162,136
+4,400
| +3% | +$13.1K |
|
|
INN
2893
Summit Hotel Properties
INN
$739M
| $326K | ﹤0.01% |
56,200
-166,400
| -75% | -$993K |
|
2894
Scully Royalty
SRL
$88.2M
| $326K | ﹤0.01% |
57,514
-3,700
| -6% | -$23.8K |
|
|
RAD
2895
DELISTED
Rite Aid Corporation
RAD
| $324K | ﹤0.01% |
722,600
-1,235,390
| -63% | -$1.66M |
|
|
QIWI
2896
DELISTED
QIWI PLC
QIWI
| $324K | ﹤0.01% |
571,151
| – | – |
|
2897
Daily Journal
DJCO
$825M
| $323K | ﹤0.01% |
1,100
+100
| +10% | +$29.5K |
|
2898
iShares US Industrials ETF
IYJ
$2.04B
| $323K | ﹤0.01% |
+3,200
| New | +$340K |
|
2899
NextCure
NXTC
$21.4M
| $323K | ﹤0.01% |
20,850
+250
| +1% | +$4.77K |
|
2900
Invesco China Technology ETF
CQQQ
$3.16B
| $322K | ﹤0.01% |
+8,900
| New | +$352K |
|
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.