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 |
Alphabet (Google) Class A
GOOGL
|
+$578M |
| 2 |
Micron Technology
MU
|
+$433M |
| 3 |
Advanced Micro Devices
AMD
|
+$404M |
| 4 |
Amazon
AMZN
|
+$398M |
| 5 |
Accenture
ACN
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$777M |
| 2 |
Meta Platforms (Facebook)
META
|
+$752M |
| 3 |
Tesla
TSLA
|
+$627M |
| 4 |
Chevron
CVX
|
+$528M |
| 5 |
Shopify
SHOP
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.4% |
| 2 | Technology | 18.51% |
| 3 | Consumer Staples | 10.15% |
| 4 | Consumer Discretionary | 9.67% |
| 5 | Financials | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Rush Enterprises Class A
RUSHA
$6.2B
| $10.6M | 0.02% |
362,265
-72,600
| -17% | -$2.34M |
|
|
VRTV
1002
DELISTED
VERITIV CORPORATION
VRTV
| $10.6M | 0.02% |
108,300
-18,400
| -15% | -$2.19M |
|
1003
Ardagh Metal Packaging
AMBP
$2.83B
| $10.5M | 0.01% |
2,178,329
-321,600
| -13% | -$1.96M |
|
1004
NACCO Industries
NC
$357M
| $10.5M | 0.01% |
223,917
-39,600
| -15% | -$1.73M |
|
|
AGEN
1005
Agenus
AGEN
$312M
| $10.5M | 0.01% |
261,395
+88,439
| +51% | +$4.51M |
|
1006
Aviat Networks
AVNW
$265M
| $10.5M | 0.01% |
383,870
-12,500
| -3% | -$375K |
|
1007
Apple Hospitality REIT
APLE
$3.9B
| $10.5M | 0.01% |
744,100
+403,300
| +118% | +$6.4M |
|
1008
Ooma
OOMA
$598M
| $10.4M | 0.01% |
845,839
-184,964
| -18% | -$2.29M |
|
1009
RLJ Lodging Trust
RLJ
$1.86B
| $10.4M | 0.01% |
1,025,632
+471,300
| +85% | +$5.65M |
|
1010
GoodRx Holdings
GDRX
$1.04B
| $10.4M | 0.01% |
2,221,622
-1,024,000
| -32% | -$6.46M |
|
1011
Rollins
ROL
$18.3B
| $10.4M | 0.01% |
299,100
-199,800
| -40% | -$7.21M |
|
1012
Kyndryl
KD
$2.99B
| $10.4M | 0.01% |
1,252,900
+382,700
| +44% | +$3.98M |
|
1013
KRONOS Worldwide
KRO
$693M
| $10.4M | 0.01% |
1,108,200
-118,200
| -10% | -$1.73M |
|
|
KYNB
1014
Kyntra Bio
KYNB
$27.2M
| $10.3M | 0.01% |
31,800
+1,572
| +5% | +$506K |
|
|
ICPT
1015
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $10.3M | 0.01% |
739,200
+345,800
| +88% | +$5.57M |
|
1016
Franklin Covey
FC
$242M
| $10.3M | 0.01% |
226,903
+65,900
| +41% | +$3.26M |
|
|
LPRO
1017
DELISTED
Open Lending Corp
LPRO
| $10.3M | 0.01% |
1,278,325
+304,900
| +31% | +$3.08M |
|
1018
AXIS Capital
AXS
$7.68B
| $10.3M | 0.01% |
208,796
-166,900
| -44% | -$8.84M |
|
1019
First Financial Bankshares
FFIN
$5.04B
| $10.3M | 0.01% |
245,182
-283,926
| -54% | -$12.2M |
|
1020
Jefferies Financial Group
JEF
$12.6B
| $10.2M | 0.01% |
361,591
-273,208
| -43% | -$8.27M |
|
|
MFA
1021
MFA Financial
MFA
$926M
| $10.2M | 0.01% |
1,308,325
+64,800
| +5% | +$724K |
|
1022
Genco Shipping & Trading
GNK
$1.11B
| $10.2M | 0.01% |
810,808
+36,778
| +5% | +$584K |
|
1023
ResMed
RMD
$30.6B
| $10.1M | 0.01% |
46,556
+3,908
| +9% | +$889K |
|
1024
CAE Inc. Common Shares
CAE
$8.3B
| $10.1M | 0.01% |
+658,746
| New | +$14.1M |
|
1025
iShares US Treasury Bond ETF
GOVT
$43.6B
| $10.1M | 0.01% |
443,800
+383,357
| +634% | +$9.08M |
|
Similar funds
Renaissance Technologies's Q3 2022 Portfolio in Review
As of Q3 2022, Renaissance Technologies held 4,619 positions worth $70.7B, down 16% from $84.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $8.71B in Q3 2022, closing 637 positions and reducing 2,164 holdings. Its most notable exit was Shopify, an estimated $439M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class A worth $498M.
- Renaissance Technologies's largest Q3 2022 buy was Alphabet (Google) Class A: 5,208,460 shares worth $498M.
- Renaissance Technologies added most to Advanced Micro Devices in Q3 2022, an estimated $404M increase.
- Renaissance Technologies's biggest Q3 2022 reduction was Apple, cutting an estimated $777M.
- Renaissance Technologies fully exited Shopify in Q3 2022, selling an estimated $439M.
- Renaissance Technologies's ten largest holdings make up 11% of its $70.7B portfolio in Q3 2022.
- Renaissance Technologies opened 440 new positions and closed 637 in Q3 2022.
- Renaissance Technologies's portfolio value fell 16% quarter-over-quarter to $70.7B.
Based on Renaissance Technologies's 13F filing for Q3 2022, filed 14 Nov 2022.