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 |
Microsoft
MSFT
|
+$533M |
| 2 |
Apple
AAPL
|
+$347M |
| 3 |
Micron Technology
MU
|
+$272M |
| 4 |
Eli Lilly
LLY
|
+$232M |
| 5 |
Super Micro Computer
SMCI
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$472M |
| 2 |
NVIDIA
NVDA
|
+$413M |
| 3 |
Tesla
TSLA
|
+$403M |
| 4 |
Coinbase
COIN
|
+$236M |
| 5 |
Johnson & Johnson
JNJ
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.66% |
| 2 | Healthcare | 16.81% |
| 3 | Consumer Discretionary | 13.04% |
| 4 | Industrials | 9.63% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LNW
1126
DELISTED
Light & Wonder
LNW
| $8.52M | 0.01% |
93,900
-156,500
| -63% | -$16.4M |
|
|
CIVI
1127
DELISTED
Civitas Resources
CIVI
| $8.52M | 0.01% |
168,132
+119,825
| +248% | +$7.42M |
|
1128
Preformed Line Products
PLPC
$1.75B
| $8.44M | 0.01% |
65,900
-700
| -1% | -$85K |
|
1129
NVR
NVR
$16.5B
| $8.44M | 0.01% |
860
-1,620
| -65% | -$14.1M |
|
|
CHUY
1130
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $8.41M | 0.01% |
224,900
-77,100
| -26% | -$2.68M |
|
|
LKFT
1131
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.78B
| $8.4M | 0.01% |
291,679
+20,879
| +8% | +$569K |
|
1132
Angi Inc
ANGI
$229M
| $8.39M | 0.01% |
325,194
+22,654
| +7% | +$545K |
|
1133
Tractor Supply
TSCO
$16.1B
| $8.37M | 0.01% |
+143,815
| New | +$7.73M |
|
1134
KNOT Offshore Partners
KNOP
$372M
| $8.36M | 0.01% |
1,220,135
-90,882
| -7% | -$654K |
|
|
BFIN
1135
DELISTED
BankFinancial
BFIN
| $8.35M | 0.01% |
685,287
-5,300
| -0.8% | -$60.6K |
|
1136
ManpowerGroup
MAN
$2.44B
| $8.33M | 0.01% |
113,352
+49,800
| +78% | +$3.58M |
|
1137
Seanergy Maritime Holdings
SHIP
$379M
| $8.31M | 0.01% |
669,000
+33,400
| +5% | +$350K |
|
1138
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.07B
| $8.26M | 0.01% |
155,951
+94,251
| +153% | +$4.95M |
|
1139
Procore
PCOR
$8.26B
| $8.26M | 0.01% |
133,800
-416,100
| -76% | -$25.5M |
|
1140
WSFS Financial
WSFS
$4.12B
| $8.26M | 0.01% |
161,955
-46,510
| -22% | -$2.41M |
|
1141
FormFactor
FORM
$8.28B
| $8.23M | 0.01% |
178,968
-51,300
| -22% | -$2.56M |
|
1142
Gerdau
GGB
$9.74B
| $8.22M | 0.01% |
2,349,361
+505,537
| +27% | +$1.66M |
|
1143
AngioDynamics
ANGO
$611M
| $8.22M | 0.01% |
1,056,814
-40,800
| -4% | -$295K |
|
|
FOLD
1144
DELISTED
Amicus Therapeutics
FOLD
| $8.22M | 0.01% |
769,300
+137,276
| +22% | +$1.5M |
|
1145
Occidental Petroleum
OXY
$56.8B
| $8.22M | 0.01% |
+159,408
| New | +$9.1M |
|
1146
MetLife
MET
$61.9B
| $8.22M | 0.01% |
+99,600
| New | +$7.44M |
|
1147
Mueller Water Products
MWA
$3.95B
| $8.18M | 0.01% |
376,900
+143,400
| +61% | +$2.89M |
|
1148
Kennametal
KMT
$2.59B
| $8.18M | 0.01% |
+315,400
| New | +$7.84M |
|
|
PFC
1149
DELISTED
Premier Financial Corp. Common Stock
PFC
| $8.16M | 0.01% |
347,620
-38,200
| -10% | -$906K |
|
1150
Booz Allen Hamilton
BAH
$8.39B
| $8.15M | 0.01% |
50,094
-80,200
| -62% | -$12.3M |
|
Similar funds
Renaissance Technologies's Q3 2024 Portfolio in Review
As of Q3 2024, Renaissance Technologies held 4,024 positions worth $66.5B, up 13% from $59B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.2B of net new capital in Q3 2024, opening 578 new positions and adding to 1,558 existing holdings. Its largest new stake was Micron Technology: 2,604,914 shares worth $270M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $413M trimmed.
- Renaissance Technologies's largest Q3 2024 buy was Micron Technology: 2,604,914 shares worth $270M.
- Renaissance Technologies added most to Microsoft in Q3 2024, an estimated $533M increase.
- Renaissance Technologies's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $413M.
- Renaissance Technologies fully exited Broadcom in Q3 2024, selling an estimated $472M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.5B portfolio in Q3 2024.
- Renaissance Technologies opened 578 new positions and closed 539 in Q3 2024.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $66.5B.
Based on Renaissance Technologies's 13F filing for Q3 2024, filed 13 Nov 2024.