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 | |
|---|---|---|---|---|---|---|
|
STKL
1326
DELISTED
SunOpta
STKL
| $5.89M | 0.01% |
647,596
+122,000
| +23% | +$1.16M |
|
1327
First Northwest Bancorp
FNWB
$107M
| $5.88M | 0.01% |
365,499
-39,817
| -10% | -$650K |
|
1328
Conduent
CNDT
$268M
| $5.88M | 0.01% |
1,759,600
-187,100
| -10% | -$781K |
|
1329
Lightspeed Commerce
LSPD
$1.33B
| $5.87M | 0.01% |
333,400
+167,900
| +101% | +$3.35M |
|
1330
Graham Holdings Company
GHC
$5.14B
| $5.86M | 0.01% |
10,898
-5,200
| -32% | -$2.97M |
|
1331
Community Trust Bancorp
CTBI
$1.43B
| $5.83M | 0.01% |
143,882
-9,824
| -6% | -$417K |
|
1332
Brown-Forman Class A
BF.A
$12.9B
| $5.82M | 0.01% |
86,076
-5,400
| -6% | -$387K |
|
1333
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.9B
| $5.81M | 0.01% |
117,900
+19,810
| +20% | +$1,000K |
|
1334
LendingTree
TREE
$448M
| $5.81M | 0.01% |
243,400
+139,400
| +134% | +$5.44M |
|
1335
Kforce
KFRC
$1.03B
| $5.8M | 0.01% |
98,949
-61,500
| -38% | -$3.67M |
|
1336
Fossil Group
FOSL
$348M
| $5.79M | 0.01% |
1,694,485
+322,600
| +24% | +$1.65M |
|
1337
Constellium
CSTM
$3.85B
| $5.79M | 0.01% |
571,421
+503,421
| +740% | +$6.67M |
|
|
PCTI
1338
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $5.79M | 0.01% |
1,226,586
-50,756
| -4% | -$241K |
|
1339
Funko
FNKO
$323M
| $5.75M | 0.01% |
284,468
+65,200
| +30% | +$1.49M |
|
1340
Schrodinger
SDGR
$1.14B
| $5.74M | 0.01% |
229,900
+10,000
| +5% | +$294K |
|
1341
Embotelladora Andina Series B
AKO.B
$4.72B
| $5.73M | 0.01% |
565,415
-54,366
| -9% | -$600K |
|
1342
Climb Global Solutions
CLMB
$508M
| $5.71M | 0.01% |
849,984
-87,020
| -9% | -$652K |
|
|
AVID
1343
DELISTED
Avid Technology Inc
AVID
| $5.71M | 0.01% |
245,500
+12,300
| +5% | +$321K |
|
1344
Cato Corp
CATO
$69.3M
| $5.7M | 0.01% |
597,202
-73,300
| -11% | -$828K |
|
1345
Trip.com Group
TCOM
$29.8B
| $5.69M | 0.01% |
208,400
+77,400
| +59% | +$2.03M |
|
1346
General Motors
GM
$79.3B
| $5.69M | 0.01% |
177,300
-6,719,700
| -97% | -$247M |
|
1347
iShares MSCI China ETF
MCHI
$6.31B
| $5.67M | 0.01% |
133,200
+85,400
| +179% | +$4.22M |
|
1348
Graphic Packaging
GPK
$3.36B
| $5.66M | 0.01% |
+286,718
| New | +$6.29M |
|
|
ELME
1349
Elme Communities
ELME
$146M
| $5.66M | 0.01% |
322,100
-154,200
| -32% | -$3.15M |
|
|
PFSW
1350
DELISTED
PFSweb, Inc.
PFSW
| $5.66M | 0.01% |
606,810
-106,400
| -15% | -$1.1M |
|
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.