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 | |
|---|---|---|---|---|---|---|
|
CMA
626
DELISTED
Comerica
CMA
| $17.7M | 0.03% |
426,647
-321,100
| -43% | -$15.2M |
|
627
Utah Medical Products
UTMD
$225M
| $17.7M | 0.03% |
205,514
+2,122
| +1% | +$196K |
|
628
Hanover Insurance
THG
$8.1B
| $17.7M | 0.03% |
159,100
+66,200
| +71% | +$7.29M |
|
629
Wabtec
WAB
$49.1B
| $17.6M | 0.03% |
165,695
+26,800
| +19% | +$2.98M |
|
630
Bio-Techne
TECH
$11.2B
| $17.6M | 0.03% |
258,326
+178,526
| +224% | +$14.1M |
|
|
HOLI
631
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $17.6M | 0.03% |
884,970
-11,600
| -1% | -$209K |
|
632
Avis
CAR
$4.86B
| $17.6M | 0.03% |
97,680
-24,720
| -20% | -$5.36M |
|
|
HDSN
633
Hudson Technologies
HDSN
$254M
| $17.5M | 0.03% |
1,316,150
+55,400
| +4% | +$598K |
|
634
QCR Holdings
QCRH
$1.69B
| $17.5M | 0.03% |
360,672
+22,700
| +7% | +$1.12M |
|
635
LSB Industries
LXU
$783M
| $17.5M | 0.03% |
1,708,152
+160,163
| +10% | +$1.66M |
|
636
Lantheus
LNTH
$6.49B
| $17.5M | 0.03% |
251,431
-126,900
| -34% | -$9.28M |
|
637
Corebridge Financial
CRBG
$14.1B
| $17.5M | 0.03% |
884,200
-123,400
| -12% | -$2.3M |
|
638
Amgen
AMGN
$208B
| $17.3M | 0.03% |
64,300
-197,045
| -75% | -$49.2M |
|
639
Landstar System
LSTR
$5.93B
| $17.3M | 0.03% |
97,640
+33,100
| +51% | +$6.36M |
|
640
Tractor Supply
TSCO
$16.1B
| $17.3M | 0.03% |
+425,000
| New | +$18.4M |
|
|
GOOD
641
Gladstone Commercial Corp
GOOD
$605M
| $17.2M | 0.03% |
1,414,120
-44,100
| -3% | -$578K |
|
642
Citigroup
C
$222B
| $17.2M | 0.03% |
417,723
-1,571,397
| -79% | -$69M |
|
643
Fox Class B
FOX
$21.8B
| $17.2M | 0.03% |
593,973
+35,090
| +6% | +$1.07M |
|
|
BELFB
644
Bel Fuse Inc Class B
BELFB
$3.87B
| $17.1M | 0.03% |
359,051
+26,000
| +8% | +$1.34M |
|
645
Emcor
EME
$35.2B
| $17.1M | 0.03% |
81,337
-74,963
| -48% | -$15.7M |
|
|
LGTY
646
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $17.1M | 0.03% |
1,491,800
+79,863
| +6% | +$886K |
|
647
Oscar Health
OSCR
$9.41B
| $17.1M | 0.03% |
3,066,500
+116,400
| +4% | +$815K |
|
648
Antero Midstream
AM
$10.4B
| $17M | 0.03% |
1,417,770
-387,700
| -21% | -$4.59M |
|
649
Match Group
MTCH
$9.19B
| $17M | 0.03% |
432,911
-740,842
| -63% | -$32.8M |
|
650
Qiagen
QGEN
$8.54B
| $17M | 0.03% |
394,771
-102,227
| -21% | -$4.77M |
|
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.