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 | |
|---|---|---|---|---|---|---|
|
WW
901
DELISTED
WW International
WW
| $10.3M | 0.02% |
934,112
+622,100
| +199% | +$6.12M |
|
902
MDU Resources
MDU
$4.17B
| $10.3M | 0.02% |
+951,867
| New | +$11M |
|
903
Ooma
OOMA
$595M
| $10.3M | 0.02% |
792,903
+2,337
| +0.3% | +$33.1K |
|
904
Preformed Line Products
PLPC
$1.72B
| $10.3M | 0.02% |
63,300
-200
| -0.3% | -$33.3K |
|
905
Clearway Energy Class C
CWEN
$4.95B
| $10.3M | 0.02% |
485,497
-160,025
| -25% | -$4.07M |
|
906
Arrowhead Research
ARWR
$11.8B
| $10.3M | 0.02% |
381,500
-3,400
| -0.9% | -$104K |
|
907
Strategic Education
STRA
$1.89B
| $10.2M | 0.02% |
135,878
-15,800
| -10% | -$1.16M |
|
908
Evolution Petroleum
EPM
$130M
| $10.2M | 0.02% |
1,494,597
-44,787
| -3% | -$379K |
|
909
Fastly Inc
FSLY
$3.63B
| $10.2M | 0.02% |
531,100
-103,100
| -16% | -$2.01M |
|
|
SKX
910
DELISTED
Skechers
SKX
| $10.2M | 0.02% |
+207,900
| New | +$10.6M |
|
911
Liberty Broadband Class C
LBRDK
$4.82B
| $10.2M | 0.02% |
111,375
-63,900
| -36% | -$5.7M |
|
912
Sonoco
SON
$5.55B
| $10.2M | 0.02% |
187,000
-82,852
| -31% | -$4.69M |
|
913
Ashland
ASH
$3.29B
| $10.2M | 0.02% |
+124,375
| New | +$10.8M |
|
914
Restaurant Brands International
QSR
$25.3B
| $10.1M | 0.02% |
151,500
-89,700
| -37% | -$6.44M |
|
915
Brink's
BCO
$4.77B
| $10.1M | 0.02% |
139,000
-37,300
| -21% | -$2.69M |
|
916
Vaalco Energy
EGY
$563M
| $10.1M | 0.02% |
2,293,018
-24,873
| -1% | -$108K |
|
917
Central Garden & Pet Co
CENT
$2.73B
| $10.1M | 0.02% |
284,889
-7,250
| -2% | -$249K |
|
918
Federal Agricultural Mortgage
AGM
$2.65B
| $10M | 0.02% |
65,100
-12,100
| -16% | -$1.96M |
|
919
Lufax Holding
LU
$1.32B
| $10M | 0.02% |
2,360,625
-25,825
| -1% | -$143K |
|
920
Red Rock Resorts
RRR
$3.81B
| $9.95M | 0.02% |
242,600
-66,500
| -22% | -$3.01M |
|
921
WSFS Financial
WSFS
$4.19B
| $9.94M | 0.02% |
272,426
-22,900
| -8% | -$913K |
|
922
Madrigal Pharmaceuticals
MDGL
$10.9B
| $9.94M | 0.02% |
68,082
-10,600
| -13% | -$2M |
|
923
Avnet
AVT
$7.24B
| $9.94M | 0.02% |
206,200
+189,200
| +1,113% | +$9.13M |
|
924
StealthGas
GASS
$328M
| $9.94M | 0.02% |
1,973,276
-123,084
| -6% | -$598K |
|
|
AIRC
925
DELISTED
Apartment Income REIT Corp.
AIRC
| $9.92M | 0.02% |
323,074
-21,126
| -6% | -$717K |
|
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.