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 | |
|---|---|---|---|---|---|---|
|
EVRI
826
DELISTED
Everi Holdings
EVRI
| $11.7M | 0.02% |
887,100
-122,600
| -12% | -$1.74M |
|
|
CHX
827
DELISTED
ChampionX
CHX
| $11.7M | 0.02% |
328,416
+99,000
| +43% | +$3.52M |
|
828
Lincoln Electric
LECO
$14.4B
| $11.7M | 0.02% |
+64,338
| New | +$12.3M |
|
829
Banco Santander Chile
BSAC
$16.3B
| $11.7M | 0.02% |
637,500
-76,700
| -11% | -$1.48M |
|
830
PetMed Express
PETS
$41.9M
| $11.7M | 0.02% |
1,138,384
+119,915
| +12% | +$1.48M |
|
831
Performance Food Group
PFGC
$17.7B
| $11.7M | 0.02% |
198,207
+9,500
| +5% | +$575K |
|
832
Brixmor Property Group
BRX
$9.66B
| $11.7M | 0.02% |
561,300
-55,000
| -9% | -$1.22M |
|
|
IMGN
833
DELISTED
Immunogen Inc
IMGN
| $11.7M | 0.02% |
734,640
-483,400
| -40% | -$8.04M |
|
834
Petrobras Class A
PBR.A
$109B
| $11.6M | 0.02% |
847,500
-92,300
| -10% | -$1.19M |
|
835
Entergy
ETR
$50.4B
| $11.6M | 0.02% |
251,200
+66,814
| +36% | +$3.26M |
|
836
ZipRecruiter
ZIP
$330M
| $11.6M | 0.02% |
965,000
+225,500
| +30% | +$3.67M |
|
837
Badger Meter
BMI
$3.97B
| $11.6M | 0.02% |
80,400
+6,000
| +8% | +$948K |
|
838
Crane Co
CR
$12.5B
| $11.6M | 0.02% |
130,200
+14,200
| +12% | +$1.26M |
|
839
Flywire
FLYW
$2.02B
| $11.6M | 0.02% |
362,589
+103,589
| +40% | +$3.31M |
|
|
HTB
840
HomeTrust Bancshares
HTB
$871M
| $11.6M | 0.02% |
533,415
-8,900
| -2% | -$205K |
|
841
VF Corp
VFC
$5.91B
| $11.5M | 0.02% |
652,400
-2,264,900
| -78% | -$43.1M |
|
842
Amphenol
APH
$199B
| $11.5M | 0.02% |
+274,124
| New | +$11.8M |
|
843
Macerich
MAC
$7.34B
| $11.5M | 0.02% |
1,055,200
-448,054
| -30% | -$5.35M |
|
844
TG Therapeutics
TGTX
$7.17B
| $11.5M | 0.02% |
1,376,462
+840,262
| +157% | +$11.7M |
|
|
SOHU
845
Sohu.com
SOHU
$363M
| $11.5M | 0.02% |
1,220,933
-119,462
| -9% | -$1.29M |
|
846
Floor & Decor
FND
$5.98B
| $11.5M | 0.02% |
+126,800
| New | +$12.9M |
|
847
Boot Barn
BOOT
$4.86B
| $11.5M | 0.02% |
+141,300
| New | +$12.7M |
|
848
Celestica
CLS
$38.1B
| $11.5M | 0.02% |
467,288
+39,787
| +9% | +$814K |
|
849
Tanger
SKT
$4.67B
| $11.4M | 0.02% |
506,526
-54,000
| -10% | -$1.26M |
|
850
Sprinklr
CXM
$1.54B
| $11.4M | 0.02% |
825,000
-24,900
| -3% | -$357K |
|
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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.