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 | |
|---|---|---|---|---|---|---|
|
AMTI
3426
DELISTED
Applied Molecular Transport Inc. Common Stock
AMTI
| $44K | ﹤0.01% |
282,187
+8,900
| +3% | +$2.37K |
|
3427
Maris-Tech
MTEK
$12.4M
| $43K | ﹤0.01% |
+45,395
| New | +$45.6K |
|
3428
NRX Pharmaceuticals
NRXP
$131M
| $43K | ﹤0.01% |
16,378
+13,028
| +389% | +$43.3K |
|
3429
Presidio Property Trust
SQFT
$3M
| $43K | ﹤0.01% |
5,445
+340
| +7% | +$2.89K |
|
3430
US Gold Corp
USAU
$237M
| $43K | ﹤0.01% |
+13,800
| New | +$54.5K |
|
3431
Elutia
ELUT
$38.5M
| $42K | ﹤0.01% |
29,516
-30,900
| -51% | -$54.1K |
|
3432
Exicure
XCUR
$9.82M
| $42K | ﹤0.01% |
11,600
-980
| -8% | -$4.58K |
|
|
BCLI
3433
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $41K | ﹤0.01% |
13,573
-214
| -2% | -$4.87K |
|
3434
Butterfly Network
BFLY
$2.35B
| $41K | ﹤0.01% |
+34,800
| New | +$67.4K |
|
3435
Codere Online
CDRO
$418M
| $41K | ﹤0.01% |
13,700
-2,114
| -13% | -$6.7K |
|
3436
Oragenics
OGEN
$2.48M
| $40K | ﹤0.01% |
451
+27
| +6% | +$2.7K |
|
|
LABP
3437
DELISTED
Landos Biopharma, Inc. Common Stock
LABP
| $40K | ﹤0.01% |
+10,260
| New | +$40.1K |
|
|
FENG
3438
Phoenix New Media
FENG
$18.3M
| $39K | ﹤0.01% |
31,131
| – | – |
|
|
WRN
3439
Western Copper and Gold
WRN
$499M
| $39K | ﹤0.01% |
28,633
-107,067
| -79% | -$159K |
|
|
ITRM
3440
DELISTED
Iterum Therapeutics
ITRM
| $38K | ﹤0.01% |
46,922
+4,138
| +10% | +$3.93K |
|
|
IMDX
3441
Insight Molecular Diagnostics
IMDX
$165M
| $38K | ﹤0.01% |
12,218
+5,313
| +77% | +$19.8K |
|
3442
Prenetics Global
PRE
$316M
| $37K | ﹤0.01% |
5,053
+1,333
| +36% | +$12.9K |
|
3443
SAB Biotherapeutics
SABS
$294M
| $37K | ﹤0.01% |
5,810
+370
| +7% | +$2.72K |
|
3444
Xcel Brands
XELB
$7.09M
| $37K | ﹤0.01% |
+3,570
| New | +$51.6K |
|
|
BFI
3445
DELISTED
BurgerFi International, Inc. Common Stock
BFI
| $37K | ﹤0.01% |
32,100
-2,700
| -8% | -$4.18K |
|
|
FORA
3446
DELISTED
Forian
FORA
| $36K | ﹤0.01% |
16,200
-715
| -4% | -$1.78K |
|
|
ITRG
3447
Integra Resources
ITRG
$448M
| $36K | ﹤0.01% |
42,580
-54,613
| -56% | -$50.5K |
|
3448
Neonode
NEON
$15.2M
| $36K | ﹤0.01% |
22,190
-34,410
| -61% | -$100K |
|
|
SGRP
3449
DELISTED
SPAR Group
SGRP
| $36K | ﹤0.01% |
37,200
-1,000
| -3% | -$1.15K |
|
|
THM
3450
International Tower Hill Mines
THM
$497M
| $36K | ﹤0.01% |
101,458
-43,731
| -30% | -$17.3K |
|
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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.