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 | |
|---|---|---|---|---|---|---|
|
NCNA
3101
NuCana
NCNA
$5.66M
| $368K | ﹤0.01% |
70
-4
| -5% | -$28.8K |
|
3102
First Trust Rising Dividend Achievers ETF
RDVY
$25.5B
| $365K | ﹤0.01% |
9,400
-11,200
| -54% | -$482K |
|
3103
Holley
HLLY
$362M
| $364K | ﹤0.01% |
89,800
-4,800
| -5% | -$35.9K |
|
|
VAXX
3104
DELISTED
Vaxxinity, Inc. Class A Common Stock
VAXX
| $364K | ﹤0.01% |
183,635
-78,765
| -30% | -$164K |
|
3105
Optical Cable Corp
OCC
$138M
| $363K | ﹤0.01% |
105,103
-28,200
| -21% | -$103K |
|
|
OPRA
3106
Opera Ltd
OPRA
$1.75B
| $363K | ﹤0.01% |
83,600
-63,346
| -43% | -$304K |
|
|
SOHO
3107
DELISTED
Sotherly Hotels
SOHO
| $363K | ﹤0.01% |
193,014
+131,700
| +215% | +$293K |
|
3108
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.16B
| $363K | ﹤0.01% |
4,230
-4,190
| -50% | -$492K |
|
3109
Investar Holding Corp
ISTR
$415M
| $362K | ﹤0.01% |
18,175
+200
| +1% | +$4.36K |
|
3110
American Realty Investors
ARL
$242M
| $361K | ﹤0.01% |
22,699
-2,700
| -11% | -$39.4K |
|
3111
Castor Maritime
CTRM
$20.2M
| $361K | ﹤0.01% |
32,240
+23,760
| +280% | +$340K |
|
3112
Eterna Therapeutics
ERNA
$5.09M
| $360K | ﹤0.01% |
195
+33
| +20% | +$114K |
|
3113
iShares US Consumer Staples ETF
IYK
$1.41B
| $360K | ﹤0.01% |
+6,000
| New | +$394K |
|
3114
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$716M
| $359K | ﹤0.01% |
+6,400
| New | +$421K |
|
3115
UroGen Pharma
URGN
$2.22B
| $359K | ﹤0.01% |
43,100
-500
| -1% | -$4.14K |
|
3116
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.15B
| $357K | ﹤0.01% |
+16,100
| New | +$401K |
|
|
NMTR
3117
DELISTED
9 Meters Biopharma
NMTR
| $357K | ﹤0.01% |
83,110
+59,645
| +254% | +$296K |
|
|
LOTZ
3118
DELISTED
CarLotz, Inc. Class A Common Stock
LOTZ
| $357K | ﹤0.01% |
1,189,839
-1,059,845
| -47% | -$463K |
|
3119
Taylor Devices
TAYD
$171M
| $356K | ﹤0.01% |
34,962
-3,900
| -10% | -$36.1K |
|
3120
Lulu's Fashion Lounge
LVLU
$49.7M
| $355K | ﹤0.01% |
5,080
-3,767
| -43% | -$412K |
|
3121
Zymeworks
ZYME
$1.7B
| $355K | ﹤0.01% |
+57,777
| New | +$348K |
|
3122
Better Online Solutions
BOSC
$31.9M
| $354K | ﹤0.01% |
160,095
-29,463
| -16% | -$68.7K |
|
|
AFIB
3123
DELISTED
Acutus Medical Inc
AFIB
| $354K | ﹤0.01% |
402,700
+141,100
| +54% | +$171K |
|
3124
Broadway Financial
BYFC
$98.6M
| $352K | ﹤0.01% |
38,889
+9,262
| +31% | +$78.9K |
|
3125
Unity Bancorp
UNTY
$603M
| $352K | ﹤0.01% |
14,000
+100
| +0.7% | +$2.75K |
|
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.