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 | |
|---|---|---|---|---|---|---|
|
GLDD
1051
DELISTED
Great Lakes Dredge & Dock
GLDD
| $9.71M | 0.01% |
1,280,801
-191,700
| -13% | -$2.01M |
|
1052
Central Garden & Pet Co
CENT
$2.73B
| $9.62M | 0.01% |
333,764
-36,000
| -10% | -$1.2M |
|
1053
Essential Utilities
WTRG
$11.3B
| $9.57M | 0.01% |
231,390
-4,227
| -2% | -$205K |
|
1054
Harmony Gold Mining
HMY
$9.95B
| $9.57M | 0.01% |
3,937,020
+391,300
| +11% | +$1.13M |
|
1055
Safe Bulkers
SB
$797M
| $9.56M | 0.01% |
3,872,486
-38,483
| -1% | -$130K |
|
1056
Sylvamo
SLVM
$1.53B
| $9.53M | 0.01% |
281,200
-20,900
| -7% | -$793K |
|
1057
Ashland
ASH
$3.33B
| $9.52M | 0.01% |
+100,275
| New | +$10.2M |
|
1058
Diodes
DIOD
$3.7B
| $9.51M | 0.01% |
146,451
-119,045
| -45% | -$8.6M |
|
1059
Orthofix Medical
OFIX
$484M
| $9.5M | 0.01% |
497,190
-51,400
| -9% | -$1.16M |
|
1060
Prosperity Bancshares
PB
$8.95B
| $9.45M | 0.01% |
141,772
+50,972
| +56% | +$3.64M |
|
1061
Badger Meter
BMI
$3.93B
| $9.45M | 0.01% |
102,300
-26,900
| -21% | -$2.5M |
|
1062
AeroVironment
AVAV
$7.63B
| $9.45M | 0.01% |
113,336
+11,500
| +11% | +$1.03M |
|
1063
Bentley Systems
BSY
$11.1B
| $9.43M | 0.01% |
308,300
+62,400
| +25% | +$2.28M |
|
1064
Skywest
SKYW
$4.38B
| $9.43M | 0.01% |
579,968
+361,000
| +165% | +$7.65M |
|
1065
Avnet
AVT
$7.18B
| $9.42M | 0.01% |
260,780
+14,480
| +6% | +$623K |
|
1066
Philips
PHG
$26B
| $9.41M | 0.01% |
713,881
-850,818
| -54% | -$13.8M |
|
1067
Future Fuel
FF
$217M
| $9.41M | 0.01% |
1,557,300
-145,700
| -9% | -$1.01M |
|
1068
Liberty Energy
LBRT
$2.92B
| $9.4M | 0.01% |
741,400
+603,300
| +437% | +$8.15M |
|
1069
Euronet Worldwide
EEFT
$2.81B
| $9.4M | 0.01% |
124,045
+71,045
| +134% | +$6.67M |
|
|
EFOR
1070
Everforth Inc
EFOR
$1.2B
| $9.39M | 0.01% |
103,894
-13,400
| -11% | -$1.3M |
|
1071
Weibo
WB
$2.03B
| $9.37M | 0.01% |
547,908
-257,900
| -32% | -$4.98M |
|
1072
Idacorp
IDA
$8.24B
| $9.35M | 0.01% |
94,399
-26,000
| -22% | -$2.83M |
|
1073
Willis Lease Finance
WLFC
$1.75B
| $9.29M | 0.01% |
851,109
-70,800
| -8% | -$885K |
|
1074
Star Group
SGU
$420M
| $9.29M | 0.01% |
1,142,345
-121,600
| -10% | -$1.14M |
|
|
SIX
1075
DELISTED
Six Flags Entertainment Corp.
SIX
| $9.28M | 0.01% |
524,200
+439,900
| +522% | +$9.93M |
|
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.