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 | |
|---|---|---|---|---|---|---|
3451
VerifyMe
VRME
$9.13M
| $36K | ﹤0.01% |
30,849
-15,351
| -33% | -$18.6K |
|
3452
Biodesix
BDSX
$236M
| $35K | ﹤0.01% |
1,070
-635
| -37% | -$17.6K |
|
3453
Paramount Gold Nevada
PZG
$104M
| $35K | ﹤0.01% |
124,300
-25,100
| -17% | -$7.74K |
|
|
BSIN
3454
Big Sky Industrial
BSIN
$62.3M
| $35K | ﹤0.01% |
25,700
+4,300
| +20% | +$6.18K |
|
|
MRDB
3455
DELISTED
MariaDB plc
MRDB
| $35K | ﹤0.01% |
73,552
+9,123
| +14% | +$6.75K |
|
|
IH
3456
iHuman
IH
$65.9M
| $34K | ﹤0.01% |
11,125
-3,735
| -25% | -$11.5K |
|
|
IOBT
3457
DELISTED
IO Biotech
IOBT
| $34K | ﹤0.01% |
24,386
-44,714
| -65% | -$78.6K |
|
3458
Performance Shipping
PSHG
$22.1M
| $34K | ﹤0.01% |
+17,502
| New | +$25.1K |
|
3459
Rezolute
RZLT
$479M
| $34K | ﹤0.01% |
25,700
+3,800
| +17% | +$6.2K |
|
3460
Anixa Biosciences
ANIX
$116M
| $33K | ﹤0.01% |
10,000
-49,300
| -83% | -$173K |
|
|
EMX
3461
DELISTED
EMX Royalty
EMX
| $33K | ﹤0.01% |
18,569
-225,557
| -92% | -$413K |
|
3462
Arq
ARQ
$88.9M
| $32K | ﹤0.01% |
17,845
-62,554
| -78% | -$122K |
|
|
MRDN
3463
Meridian Holdings Inc
MRDN
$181M
| $31K | ﹤0.01% |
+875
| New | +$26.9K |
|
3464
IGC Pharma
IGC
$25.9M
| $31K | ﹤0.01% |
86,902
-75,807
| -47% | -$27.1K |
|
3465
Koss Corp
KOSS
$35M
| $31K | ﹤0.01% |
+10,600
| New | +$38.7K |
|
|
NXXT
3466
NextNRG Inc
NXXT
$49.4M
| $31K | ﹤0.01% |
4,682
-280
| -6% | -$1.91K |
|
|
CZOO
3467
DELISTED
Cazoo Group Ltd
CZOO
| $31K | ﹤0.01% |
575
+34
| +6% | +$3.93K |
|
|
AIFA
3468
All In FutureTech Alliance Inc
AIFA
$10.5M
| $30K | ﹤0.01% |
5,567
+284
| +5% | +$1.6K |
|
|
INCR
3469
Intercure
INCR
$57M
| $30K | ﹤0.01% |
18,800
+7,600
| +68% | +$12.1K |
|
|
OKYO
3470
OKYO Pharma
OKYO
$86.1M
| $30K | ﹤0.01% |
+16,347
| New | +$27.5K |
|
3471
Phio Pharmaceuticals
PHIO
$12.3M
| $30K | ﹤0.01% |
2,190
+937
| +75% | +$19.4K |
|
|
TC
3472
TuanChe
TC
$51.3M
| $30K | ﹤0.01% |
191
-3
| -2% | -$488 |
|
3473
Knightscope
KSCP
$27.9M
| $29K | ﹤0.01% |
+742
| New | +$43.2K |
|
|
ALP
3474
Alpha Compute
ALP
$4.57M
| $29K | ﹤0.01% |
700
+165
| +31% | +$9.31K |
|
3475
Rockwell Medical
RMTI
$29.9M
| $29K | ﹤0.01% |
1,404
-33,508
| -96% | -$1.02M |
|
Similar funds
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.