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 | |
|---|---|---|---|---|---|---|
|
HTO
726
H2O America
HTO
$2.57B
| $14.2M | 0.02% |
236,700
-40,000
| -14% | -$2.68M |
|
727
Yum China
YUMC
$16.5B
| $14.2M | 0.02% |
255,200
+15,800
| +7% | +$884K |
|
728
Verisk Analytics
VRSK
$25.4B
| $14.2M | 0.02% |
60,100
-99,100
| -62% | -$23.4M |
|
|
NGD
729
DELISTED
New Gold Inc
NGD
| $14.2M | 0.02% |
15,598,764
-174,100
| -1% | -$185K |
|
730
Bentley Systems
BSY
$10.8B
| $14.2M | 0.02% |
282,500
-131,700
| -32% | -$6.63M |
|
731
TIM SA
TIMB
$9.16B
| $14.2M | 0.02% |
949,786
+115,500
| +14% | +$1.73M |
|
732
Vanda Pharmaceuticals
VNDA
$307M
| $14.1M | 0.02% |
3,266,025
+153,958
| +5% | +$855K |
|
733
NorthWestern Energy
NWE
$4.23B
| $14.1M | 0.02% |
292,926
+177,986
| +155% | +$9.49M |
|
|
LNW
734
DELISTED
Light & Wonder
LNW
| $14.1M | 0.02% |
197,000
+115,400
| +141% | +$8.37M |
|
735
Hewlett Packard
HPE
$63.4B
| $14M | 0.02% |
806,800
-887,004
| -52% | -$15.3M |
|
736
SolarEdge
SEDG
$2.51B
| $14M | 0.02% |
+108,100
| New | +$20.7M |
|
737
Atkore
ATKR
$2.46B
| $13.9M | 0.02% |
93,500
-43,600
| -32% | -$6.58M |
|
738
AutoNation
AN
$7.11B
| $13.9M | 0.02% |
+92,100
| New | +$14.7M |
|
739
Cameco
CCJ
$37.6B
| $13.9M | 0.02% |
351,400
-971,500
| -73% | -$34.4M |
|
740
Universal Display
OLED
$3.68B
| $13.9M | 0.02% |
88,600
-56,500
| -39% | -$8.58M |
|
741
Equity Lifestyle Properties
ELS
$12.6B
| $13.9M | 0.02% |
217,900
+204,381
| +1,512% | +$13.8M |
|
|
ABCM
742
DELISTED
Abcam PLC
ABCM
| $13.9M | 0.02% |
612,800
+255,800
| +72% | +$5.88M |
|
743
Snap
SNAP
$7.89B
| $13.8M | 0.02% |
1,552,600
-3,148,600
| -67% | -$32.9M |
|
744
National Fuel Gas
NFG
$7.82B
| $13.8M | 0.02% |
266,200
+900
| +0.3% | +$47.4K |
|
745
H&R Block
HRB
$5.58B
| $13.8M | 0.02% |
+320,600
| New | +$11.8M |
|
|
ITCI
746
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $13.8M | 0.02% |
264,000
+23,500
| +10% | +$1.37M |
|
747
Janus International
JBI
$700M
| $13.7M | 0.02% |
1,282,800
+541,200
| +73% | +$5.96M |
|
748
Synaptics
SYNA
$4.19B
| $13.7M | 0.02% |
153,327
+73,400
| +92% | +$6.44M |
|
749
Harrow
HROW
$1.45B
| $13.7M | 0.02% |
951,058
+59,746
| +7% | +$1.04M |
|
750
Mine Safety
MSA
$7.35B
| $13.6M | 0.02% |
86,500
+28,100
| +48% | +$4.83M |
|
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.