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 |
Meta Platforms (Facebook)
META
|
+$653M |
| 2 |
Amazon
AMZN
|
+$602M |
| 3 |
ExxonMobil
XOM
|
+$473M |
| 4 |
Tesla
TSLA
|
+$437M |
| 5 |
Starbucks
SBUX
|
+$380M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$511M |
| 2 |
Netflix
NFLX
|
+$427M |
| 3 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$397M |
| 4 |
Nike
NKE
|
+$373M |
| 5 |
Microsoft
MSFT
|
+$365M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.68% |
| 2 | Healthcare | 17.69% |
| 3 | Consumer Discretionary | 13.09% |
| 4 | Industrials | 7.96% |
| 5 | Consumer Staples | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FPI
2926
Farmland Partners
FPI
$432M
| $349K | ﹤0.01% |
28,000
-26,200
| -48% | -$303K |
|
2927
Nautilus Biotechnolgy
NAUT
$115M
| $349K | ﹤0.01% |
116,700
-100
| -0.1% | -$286 |
|
2928
VSE Corp
VSEC
$6.12B
| $349K | ﹤0.01% |
+5,400
| New | +$317K |
|
2929
United Natural Foods
UNFI
$2.85B
| $347K | ﹤0.01% |
21,400
-71,150
| -77% | -$1.08M |
|
2930
US Global Investors
GROW
$38.5M
| $346K | ﹤0.01% |
122,715
+25,131
| +26% | +$71.3K |
|
2931
Offerpad Solutions
OPAD
$23.1M
| $346K | ﹤0.01% |
3,375
-390
| -10% | -$35.4K |
|
2932
Invesco S&P 500 Pure Value ETF
RPV
$1.68B
| $345K | ﹤0.01% |
+4,200
| New | +$314K |
|
2933
Village Farms International
VFF
$253M
| $345K | ﹤0.01% |
453,266
+65,700
| +17% | +$50.1K |
|
2934
Nelnet
NNI
$4.7B
| $344K | ﹤0.01% |
3,900
-2,400
| -38% | -$208K |
|
2935
Virginia National Bankshares
VABK
$260M
| $340K | ﹤0.01% |
+9,900
| New | +$325K |
|
2936
Schwab International Small-Cap Equity ETF
SCHC
$5.66B
| $339K | ﹤0.01% |
+9,723
| New | +$315K |
|
2937
Biglari Holdings Class B
BH
$1.21B
| $337K | ﹤0.01% |
2,046
+180
| +10% | +$27.8K |
|
2938
Bogota Financial
BSBK
$111M
| $337K | ﹤0.01% |
41,900
-2,900
| -6% | -$21.2K |
|
2939
Mueller Water Products
MWA
$4.16B
| $337K | ﹤0.01% |
23,426
+7,826
| +50% | +$103K |
|
2940
Scully Royalty
SRL
$87.1M
| $336K | ﹤0.01% |
55,114
-2,400
| -4% | -$12.3K |
|
2941
DexCom
DXCM
$32B
| $335K | ﹤0.01% |
+2,700
| New | +$276K |
|
|
NLOP
2942
Net Lease Office Properties
NLOP
$171M
| $335K | ﹤0.01% |
+18,102
| New | +$301K |
|
2943
NextCure
NXTC
$26.7M
| $334K | ﹤0.01% |
24,443
+3,593
| +17% | +$52.1K |
|
2944
DocGo
DCGO
$62.6M
| $333K | ﹤0.01% |
59,600
-26,200
| -31% | -$150K |
|
2945
iShares Core International Aggregate Bond Fund
IAGG
$11B
| $333K | ﹤0.01% |
+6,678
| New | +$330K |
|
2946
Moog Inc Class A
MOG.A
$12.8B
| $333K | ﹤0.01% |
2,300
-18,000
| -89% | -$2.33M |
|
2947
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.74B
| $332K | ﹤0.01% |
+4,200
| New | +$303K |
|
|
PMT
2948
PennyMac Mortgage Investment
PMT
$842M
| $332K | ﹤0.01% |
+22,192
| New | +$298K |
|
2949
Pure Cycle
PCYO
$261M
| $329K | ﹤0.01% |
+31,400
| New | +$312K |
|
|
EVBN
2950
DELISTED
Evans Bancorp Inc
EVBN
| $328K | ﹤0.01% |
+10,400
| New | +$291K |
|
Similar funds
Renaissance Technologies's Q4 2023 Portfolio in Review
As of Q4 2023, Renaissance Technologies held 4,318 positions worth $64.6B, up 10% from $58.7B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies's Q4 2023 filing shows 702 new, 1,590 increased, 1,355 reduced and 633 closed positions. Its largest new stake was Amazon: 4,296,466 shares worth $653M. The largest sale was Berkshire Hathaway Class A, an estimated $511M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2023 buy was Amazon: 4,296,466 shares worth $653M.
- Renaissance Technologies added most to Meta Platforms (Facebook) in Q4 2023, an estimated $653M increase.
- Renaissance Technologies's biggest Q4 2023 reduction was Berkshire Hathaway Class A, cutting an estimated $511M.
- Renaissance Technologies fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $397M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.6B portfolio in Q4 2023.
- Renaissance Technologies opened 702 new positions and closed 633 in Q4 2023.
- Renaissance Technologies's portfolio value rose 10% quarter-over-quarter to $64.6B.
Based on Renaissance Technologies's 13F filing for Q4 2023, filed 13 Feb 2024.