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 | |
|---|---|---|---|---|---|---|
3126
Rafael Holdings
RFL
$106M
| $177K | ﹤0.01% |
94,232
-42,977
| -31% | -$91.1K |
|
3127
Century Therapeutics
IPSC
$353M
| $175K | ﹤0.01% |
87,700
+20,400
| +30% | +$54.3K |
|
3128
Armata Pharmaceuticals
ARMP
$172M
| $172K | ﹤0.01% |
57,496
-4,900
| -8% | -$13.1K |
|
3129
Microbot Medical
MBOT
$124M
| $172K | ﹤0.01% |
123,594
+35,899
| +41% | +$77.9K |
|
|
NOTV
3130
DELISTED
Inotiv
NOTV
| $168K | ﹤0.01% |
54,564
-213,001
| -80% | -$975K |
|
|
LUNA
3131
DELISTED
Luna Innovations Incorporated
LUNA
| $166K | ﹤0.01% |
28,301
-20,000
| -41% | -$151K |
|
|
TBHC
3132
DELISTED
The Brand House Collective
TBHC
| $165K | ﹤0.01% |
96,200
-1,100
| -1% | -$2.87K |
|
3133
Avalon Holdings
AWX
$9.94M
| $164K | ﹤0.01% |
84,510
-1,700
| -2% | -$3.91K |
|
3134
AYTU BioPharma
AYTU
$24.6M
| $164K | ﹤0.01% |
60,723
+3,400
| +6% | +$5.95K |
|
3135
Real Brokerage
REAX
$379M
| $164K | ﹤0.01% |
+113,283
| New | +$197K |
|
3136
AmpliTech
AMPG
$137M
| $163K | ﹤0.01% |
80,830
-15,449
| -16% | -$31.8K |
|
3137
Finance of America Companies
FOA
$200M
| $163K | ﹤0.01% |
12,710
-530
| -4% | -$8.78K |
|
3138
TRX Gold Corp
TRX
$311M
| $161K | ﹤0.01% |
439,314
-555,844
| -56% | -$226K |
|
3139
Upland Software
UPLD
$12.9M
| $161K | ﹤0.01% |
3,481
-32,824
| -90% | -$1.2M |
|
3140
Korro Bio
KRRO
$166M
| $160K | ﹤0.01% |
8,634
+450
| +5% | +$11.3K |
|
|
FPAY
3141
DELISTED
FlexShopper
FPAY
| $159K | ﹤0.01% |
152,124
-7,356
| -5% | -$9.71K |
|
|
IHT
3142
InnSuites Hospitality Trust
IHT
$16.2M
| $159K | ﹤0.01% |
125,403
+12,103
| +11% | +$20.9K |
|
|
GVP
3143
DELISTED
GSE Systems, Inc.
GVP
| $159K | ﹤0.01% |
78,427
+1,823
| +2% | +$6.63K |
|
|
EXK
3144
Endeavour Silver
EXK
$2.65B
| $158K | ﹤0.01% |
64,700
-100,000
| -61% | -$295K |
|
|
VZLA
3145
Vizsla Silver
VZLA
$1.26B
| $158K | ﹤0.01% |
152,853
-23,947
| -14% | -$26.2K |
|
|
SIEN
3146
DELISTED
Sientra, Inc.
SIEN
| $157K | ﹤0.01% |
56,470
+9,200
| +19% | +$28.3K |
|
3147
Beasley Broadcasting Group
BBGI
$44.3M
| $156K | ﹤0.01% |
8,948
+1,232
| +16% | +$24.2K |
|
3148
Skillful Craftsman
EDTK
$15.1M
| $156K | ﹤0.01% |
152,600
-2,500
| -2% | -$2.96K |
|
3149
AquaBounty Technologies
AQB
$5.02M
| $154K | ﹤0.01% |
32,175
+3,705
| +13% | +$21.9K |
|
3150
Community Health Systems
CYH
$417M
| $154K | ﹤0.01% |
53,127
-458,366
| -90% | -$1.7M |
|
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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.