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 | |
|---|---|---|---|---|---|---|
1201
Richardson Electronics
RELL
$296M
| $6.01M | 0.01% |
549,577
-12,500
| -2% | -$161K |
|
|
ONL
1202
Orion Office REIT
ONL
$154M
| $6.01M | 0.01% |
1,152,800
+424,600
| +58% | +$2.58M |
|
|
DOO
1203
Bombardier Recreational Products
DOO
$4.66B
| $6M | 0.01% |
79,107
-10,893
| -12% | -$880K |
|
1204
Financial Institutions
FISI
$842M
| $5.96M | 0.01% |
353,900
+19,500
| +6% | +$343K |
|
1205
Crawford & Co Class B
CRD.B
$542M
| $5.94M | 0.01% |
693,610
+8,300
| +1% | +$73.1K |
|
1206
Ethan Allen Interiors
ETD
$607M
| $5.94M | 0.01% |
198,700
-2,266
| -1% | -$70.1K |
|
1207
Tecnoglass Holdings Inc.
TGLS
$2.11B
| $5.94M | 0.01% |
180,200
-64,900
| -26% | -$2.65M |
|
1208
Select Water Solutions
WTTR
$2.31B
| $5.93M | 0.01% |
745,499
-100,034
| -12% | -$822K |
|
1209
Arcos Dorados Holdings
ARCO
$1.75B
| $5.92M | 0.01% |
625,734
-380,800
| -38% | -$3.93M |
|
1210
Jakks Pacific
JAKK
$296M
| $5.9M | 0.01% |
317,518
+9,500
| +3% | +$181K |
|
1211
Albany International
AIN
$1.84B
| $5.9M | 0.01% |
68,400
+11,100
| +19% | +$1.01M |
|
1212
Regional Management Corp
RM
$316M
| $5.89M | 0.01% |
212,906
-2,531
| -1% | -$75.2K |
|
1213
InterContinental Hotels
IHG
$23.5B
| $5.89M | 0.01% |
78,800
-11,100
| -12% | -$829K |
|
1214
Acacia Research
ACTG
$445M
| $5.88M | 0.01% |
1,612,000
-33,100
| -2% | -$127K |
|
|
SPLK
1215
DELISTED
Splunk Inc
SPLK
| $5.88M | 0.01% |
40,200
-299,200
| -88% | -$33.9M |
|
1216
Tenable Holdings
TENB
$3.97B
| $5.87M | 0.01% |
+131,100
| New | +$5.89M |
|
1217
Hertz
HTZ
$480M
| $5.81M | 0.01% |
474,500
+2,000
| +0.4% | +$33.4K |
|
|
ZUO
1218
DELISTED
Zuora, Inc.
ZUO
| $5.81M | 0.01% |
705,136
-51,264
| -7% | -$505K |
|
1219
Compass
COMP
$9.08B
| $5.81M | 0.01% |
2,001,900
-190,600
| -9% | -$674K |
|
1220
1st Source
SRCE
$2.18B
| $5.8M | 0.01% |
137,914
-15,500
| -10% | -$690K |
|
1221
Carlyle Group
CG
$17.9B
| $5.79M | 0.01% |
+192,000
| New | +$6.19M |
|
1222
KRONOS Worldwide
KRO
$704M
| $5.79M | 0.01% |
746,400
-74,100
| -9% | -$644K |
|
1223
Canadian Solar
CSIQ
$1.09B
| $5.77M | 0.01% |
234,602
+136,800
| +140% | +$4.33M |
|
1224
Parsons
PSN
$5.12B
| $5.77M | 0.01% |
+106,100
| New | +$5.62M |
|
1225
Zentalis Pharmaceuticals
ZNTL
$343M
| $5.73M | 0.01% |
285,437
+75,000
| +36% | +$1.9M |
|
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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.