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 | |
|---|---|---|---|---|---|---|
1401
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $4.29M | 0.01% |
+20,200
| New | +$4.47M |
|
1402
BCB Bancorp
BCBP
$159M
| $4.29M | 0.01% |
384,878
+16,430
| +4% | +$195K |
|
|
TBNK
1403
DELISTED
Territorial Bancorp Inc.
TBNK
| $4.29M | 0.01% |
471,468
+7,095
| +2% | +$78.8K |
|
|
NGMS
1404
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $4.29M | 0.01% |
158,700
-56,000
| -26% | -$1.51M |
|
|
OPTU
1405
Optimum Communications Inc
OPTU
$343M
| $4.28M | 0.01% |
1,307,400
-18,570
| -1% | -$59.9K |
|
1406
Sempra
SRE
$56.6B
| $4.27M | 0.01% |
62,705
-796,695
| -93% | -$57.5M |
|
1407
Veracyte
VCYT
$3.73B
| $4.26M | 0.01% |
190,800
+103,501
| +119% | +$2.66M |
|
1408
SPX Corp
SPXC
$10.8B
| $4.26M | 0.01% |
52,300
-18,800
| -26% | -$1.51M |
|
1409
Enovis
ENOV
$1.78B
| $4.25M | 0.01% |
80,667
-19,000
| -19% | -$1.11M |
|
1410
Forestar Group
FOR
$1.5B
| $4.24M | 0.01% |
157,380
+146,580
| +1,357% | +$4.04M |
|
1411
Banc of California
BANC
$3.09B
| $4.24M | 0.01% |
342,052
+149,939
| +78% | +$1.91M |
|
1412
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $4.23M | 0.01% |
+89,500
| New | +$4.23M |
|
1413
Alphatec Holdings
ATEC
$1.59B
| $4.21M | 0.01% |
324,439
-33,061
| -9% | -$518K |
|
1414
Highwoods Properties
HIW
$3.64B
| $4.17M | 0.01% |
+202,500
| New | +$4.81M |
|
1415
Sierra Bancorp
BSRR
$525M
| $4.15M | 0.01% |
218,731
-700
| -0.3% | -$13.8K |
|
1416
SITE Centers
SITC
$166M
| $4.12M | 0.01% |
428,048
+294,105
| +220% | +$3.1M |
|
1417
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $4.11M | 0.01% |
104,800
+12,100
| +13% | +$408K |
|
1418
Brown-Forman Class A
BF.A
$13.2B
| $4.11M | 0.01% |
70,676
-6,400
| -8% | -$434K |
|
1419
Bruker
BRKR
$7.66B
| $4.09M | 0.01% |
+65,610
| New | +$4.41M |
|
1420
Chegg
CHGG
$115M
| $4.09M | 0.01% |
458,202
-948,498
| -67% | -$9.25M |
|
1421
Portillo's
PTLO
$328M
| $4.08M | 0.01% |
265,100
-351,400
| -57% | -$6.86M |
|
|
AMWD
1422
DELISTED
American Woodmark
AMWD
| $4.07M | 0.01% |
53,801
+25,430
| +90% | +$1.91M |
|
1423
Atea Pharmaceuticals
AVIR
$376M
| $4.06M | 0.01% |
1,354,541
-8,841
| -0.6% | -$30.1K |
|
1424
Consumer Portfolio Services
CPSS
$202M
| $4.06M | 0.01% |
447,558
-7,800
| -2% | -$81K |
|
1425
Curtiss-Wright
CW
$28B
| $4.05M | 0.01% |
+20,700
| New | +$4.1M |
|
Similar funds
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.