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 | |
|---|---|---|---|---|---|---|
2976
Plumas Bancorp
PLBC
$427M
| $273K | ﹤0.01% |
8,000
+400
| +5% | +$14.1K |
|
2977
TELA Bio
TELA
$41M
| $273K | ﹤0.01% |
34,100
-12,900
| -27% | -$120K |
|
2978
Union Bankshares
UNB
$110M
| $273K | ﹤0.01% |
12,732
+1,400
| +12% | +$31.1K |
|
2979
National Vision
EYE
$1.85B
| $272K | ﹤0.01% |
+16,800
| New | +$336K |
|
2980
Murphy Oil
MUR
$5.17B
| $272K | ﹤0.01% |
6,000
-132,800
| -96% | -$5.78M |
|
2981
WisdomTree US SmallCap Dividend Fund
DES
$2.22B
| $271K | ﹤0.01% |
+9,600
| New | +$282K |
|
2982
Immunome
IMNM
$2.89B
| $271K | ﹤0.01% |
32,400
-12,100
| -27% | -$88.9K |
|
|
REE
2983
DELISTED
REE Automotive
REE
| $270K | ﹤0.01% |
61,323
+18,806
| +44% | +$143K |
|
2984
Black Hills Corp
BKH
$5.46B
| $268K | ﹤0.01% |
5,300
-118,200
| -96% | -$6.71M |
|
2985
Investar Holding Corp
ISTR
$420M
| $267K | ﹤0.01% |
25,175
+6,700
| +36% | +$86.1K |
|
2986
ExxonMobil
XOM
$628B
| $267K | ﹤0.01% |
+2,277
| New | +$250K |
|
|
PPSI
2987
Pioneer Power Solutions
PPSI
$33.8M
| $266K | ﹤0.01% |
+42,452
| New | +$298K |
|
2988
Brilliant Earth
BRLT
$16.9M
| $265K | ﹤0.01% |
89,700
+5,500
| +7% | +$19.7K |
|
2989
iShares Russell 2000 ETF
IWM
$82.5B
| $265K | ﹤0.01% |
+1,500
| New | +$282K |
|
2990
Verrica Pharmaceuticals
VRCA
$94.7M
| $265K | ﹤0.01% |
6,810
-9,120
| -57% | -$463K |
|
2991
AMC Entertainment Holdings
AMC
$2.38B
| $263K | ﹤0.01% |
+32,896
| New | +$975K |
|
2992
Bioventus
BVS
$1.03B
| $263K | ﹤0.01% |
+79,800
| New | +$280K |
|
2993
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.06B
| $263K | ﹤0.01% |
4,600
-600
| -12% | -$36.2K |
|
2994
Janux Therapeutics
JANX
$976M
| $263K | ﹤0.01% |
26,100
+11,300
| +76% | +$130K |
|
2995
BOK Financial
BOKF
$8.78B
| $262K | ﹤0.01% |
3,277
-43,900
| -93% | -$3.71M |
|
2996
Euronet Worldwide
EEFT
$2.83B
| $262K | ﹤0.01% |
3,300
-71,545
| -96% | -$6.65M |
|
2997
MIND Technology
MIND
$48M
| $262K | ﹤0.01% |
51,376
-1,068
| -2% | -$6.62K |
|
|
EXAI
2998
DELISTED
Exscientia Plc American Depositary Shares
EXAI
| $262K | ﹤0.01% |
58,000
+16,800
| +41% | +$109K |
|
|
CIZN
2999
DELISTED
Citizens Holding Co.
CIZN
| $260K | ﹤0.01% |
24,735
+500
| +2% | +$5.44K |
|
3000
electroCore
ECOR
$58.9M
| $259K | ﹤0.01% |
42,616
+2,311
| +6% | +$11.7K |
|
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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 714 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 714 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.