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 | |
|---|---|---|---|---|---|---|
101
Prologis
PLD
$136B
| $152M | 0.22% |
1,500,614
+408,733
| +37% | +$50.7M |
|
102
AT&T
T
$164B
| $152M | 0.22% |
9,931,986
+8,373,086
| +537% | +$152M |
|
103
CrowdStrike
CRWD
$183B
| $148M | 0.21% |
3,600,000
+1,116,000
| +45% | +$51M |
|
104
National Beverage
FIZZ
$3.06B
| $148M | 0.21% |
3,838,044
-309,600
| -7% | -$15.5M |
|
105
Automatic Data Processing
ADP
$109B
| $148M | 0.21% |
+653,529
| New | +$154M |
|
106
Cheniere Energy
LNG
$54.2B
| $145M | 0.21% |
876,548
+671,569
| +328% | +$102M |
|
|
HOLX
107
DELISTED
Hologic
HOLX
| $144M | 0.2% |
2,235,461
-555,000
| -20% | -$38.4M |
|
108
Regeneron Pharmaceuticals
REGN
$72.9B
| $144M | 0.2% |
208,400
-374,662
| -64% | -$236M |
|
109
Amgen
AMGN
$209B
| $143M | 0.2% |
633,245
-806,500
| -56% | -$195M |
|
110
Murphy USA
MUSA
$11.4B
| $142M | 0.2% |
516,600
-40,900
| -7% | -$11.4M |
|
111
Herbalife
HLF
$1.3B
| $141M | 0.2% |
7,109,164
-816,100
| -10% | -$20.2M |
|
112
Alcoa
AA
$11.3B
| $141M | 0.2% |
4,176,396
+871,861
| +26% | +$40.7M |
|
113
Datadog
DDOG
$94B
| $139M | 0.2% |
1,568,000
+330,900
| +27% | +$33.3M |
|
114
EQT Corp
EQT
$32.9B
| $137M | 0.19% |
3,367,264
-1,083,638
| -24% | -$47M |
|
115
Elevance Health
ELV
$81.5B
| $136M | 0.19% |
298,873
+239,200
| +401% | +$114M |
|
116
Fortis
FTS
$29.3B
| $135M | 0.19% |
3,546,456
-49,605
| -1% | -$2.24M |
|
117
Roku
ROKU
$21.6B
| $134M | 0.19% |
2,380,995
+409,295
| +21% | +$31.2M |
|
118
Flowers Foods
FLO
$1.58B
| $133M | 0.19% |
5,380,585
-246,300
| -4% | -$6.66M |
|
119
Constellation Energy
CEG
$92.1B
| $129M | 0.18% |
1,547,300
+1,003,700
| +185% | +$74M |
|
120
Berkshire Hathaway Class B
BRK.B
$1.1T
| $128M | 0.18% |
479,700
-1,311,300
| -73% | -$373M |
|
121
Valero Energy
VLO
$89.5B
| $125M | 0.18% |
1,166,388
+231,800
| +25% | +$25.5M |
|
122
Adobe
ADBE
$105B
| $124M | 0.18% |
450,833
+396,500
| +730% | +$150M |
|
123
Alkermes
ALKS
$8.11B
| $124M | 0.18% |
5,556,113
+233,500
| +4% | +$6.07M |
|
124
FedEx
FDX
$73B
| $123M | 0.17% |
+825,979
| New | +$174M |
|
125
Telkom Indonesia
TLK
$14.2B
| $121M | 0.17% |
4,190,714
-379,700
| -8% | -$11.1M |
|
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.