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 | |
|---|---|---|---|---|---|---|
926
BGC Group
BGC
$5.36B
| $9.91M | 0.02% |
1,877,248
-144,600
| -7% | -$719K |
|
927
Globe Life
GL
$14.4B
| $9.88M | 0.02% |
90,900
-11,800
| -11% | -$1.32M |
|
928
Hallador Energy
HNRG
$693M
| $9.88M | 0.02% |
684,955
+2,200
| +0.3% | +$23.2K |
|
|
CWAN
929
DELISTED
Clearwater Analytics
CWAN
| $9.88M | 0.02% |
510,645
+115,145
| +29% | +$2.03M |
|
930
TriNet
TNET
$3.23B
| $9.87M | 0.02% |
84,700
+9,400
| +12% | +$992K |
|
931
Methanex
MEOH
$4.18B
| $9.86M | 0.02% |
218,748
+41,900
| +24% | +$1.79M |
|
932
Woodward
WWD
$21.5B
| $9.83M | 0.02% |
+79,084
| New | +$9.87M |
|
933
nVent Electric
NVT
$25.6B
| $9.82M | 0.02% |
185,400
-205,000
| -53% | -$11.1M |
|
934
OGE Energy
OGE
$9.76B
| $9.81M | 0.02% |
294,409
-129,634
| -31% | -$4.54M |
|
935
Omnicell
OMCL
$1.7B
| $9.81M | 0.02% |
+217,843
| New | +$13.2M |
|
|
HAPN
936
Happen Inc
HAPN
$2.36B
| $9.78M | 0.02% |
1,603,207
-506,383
| -24% | -$3.94M |
|
937
Corteva
CTVA
$51.3B
| $9.77M | 0.02% |
+190,937
| New | +$10.1M |
|
938
Hyatt Hotels
H
$16.1B
| $9.76M | 0.02% |
92,000
+41,300
| +81% | +$4.7M |
|
939
Choice Hotels
CHH
$4.95B
| $9.75M | 0.02% |
+79,600
| New | +$10M |
|
|
LKFT
940
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.75B
| $9.74M | 0.02% |
281,800
-26,100
| -8% | -$1.02M |
|
941
Universal Technical Institute
UTI
$2.24B
| $9.73M | 0.02% |
1,160,794
-8,000
| -0.7% | -$62.3K |
|
942
Kinetik
KNTK
$3.64B
| $9.71M | 0.02% |
287,562
+58,500
| +26% | +$2.06M |
|
943
RadNet
RDNT
$5.27B
| $9.7M | 0.02% |
343,970
-93,359
| -21% | -$2.91M |
|
944
Denali Therapeutics
DNLI
$3.67B
| $9.65M | 0.02% |
467,851
+51
| +0% | +$1.29K |
|
|
IBDO
945
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $9.61M | 0.02% |
378,961
+151,961
| +67% | +$3.84M |
|
|
BERY
946
DELISTED
Berry Global Group, Inc.
BERY
| $9.59M | 0.02% |
+168,726
| New | +$9.92M |
|
|
AGS
947
DELISTED
PlayAGS
AGS
| $9.57M | 0.02% |
1,468,342
+140,800
| +11% | +$941K |
|
948
Harmony Biosciences
HRMY
$2.04B
| $9.57M | 0.02% |
292,100
-118,300
| -29% | -$4.11M |
|
|
SFIX
949
Stitch Fix
SFIX
$555M
| $9.56M | 0.02% |
2,770,508
+522,108
| +23% | +$2.09M |
|
950
Applied Optoelectronics
AAOI
$8.82B
| $9.52M | 0.02% |
867,579
+587,479
| +210% | +$6.23M |
|
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.