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 | |
|---|---|---|---|---|---|---|
1401
Grupo Cibest SA
CIB
$21.3B
| $5.38M | 0.01% |
171,370
+32,170
| +23% | +$1.06M |
|
1402
Robert Half
RHI
$4.14B
| $5.37M | 0.01% |
79,700
-8,700
| -10% | -$551K |
|
|
SRCL
1403
DELISTED
Stericycle Inc
SRCL
| $5.37M | 0.01% |
+88,020
| New | +$5.22M |
|
|
MREO
1404
Mereo BioPharma
MREO
$51.6M
| $5.37M | 0.01% |
1,305,371
-456,632
| -26% | -$1.89M |
|
1405
Southern Missouri Bancorp
SMBC
$875M
| $5.36M | 0.01% |
94,834
-12,900
| -12% | -$675K |
|
1406
iShares MSCI India Small-Cap ETF
SMIN
$776M
| $5.34M | 0.01% |
62,100
+6,100
| +11% | +$509K |
|
1407
Bridgewater Bancshares
BWB
$588M
| $5.34M | 0.01% |
376,740
-29,103
| -7% | -$390K |
|
|
PLYM
1408
DELISTED
Plymouth Industrial REIT
PLYM
| $5.33M | 0.01% |
236,012
+78,200
| +50% | +$1.82M |
|
1409
Credo Technology Group
CRDO
$44.6B
| $5.33M | 0.01% |
173,038
-692,900
| -80% | -$20.7M |
|
1410
United Natural Foods
UNFI
$2.93B
| $5.33M | 0.01% |
316,650
+52,474
| +20% | +$751K |
|
1411
Compañía de Cervecerías Unidas
CCU
$2.19B
| $5.31M | 0.01% |
456,665
-22,000
| -5% | -$246K |
|
|
ALE
1412
DELISTED
Allete
ALE
| $5.31M | 0.01% |
82,699
+23,400
| +39% | +$1.49M |
|
|
WCC
1413
WESCO International
WCC
$18.2B
| $5.3M | 0.01% |
+31,574
| New | +$5.13M |
|
1414
Acme United Corp
ACU
$210M
| $5.3M | 0.01% |
127,207
-3,200
| -2% | -$129K |
|
1415
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $5.28M | 0.01% |
143,000
-2,000
| -1% | -$72.3K |
|
1416
NCR Atleos
NATL
$3.46B
| $5.26M | 0.01% |
184,400
+100,900
| +121% | +$2.94M |
|
1417
Timken Company
TKR
$9.24B
| $5.26M | 0.01% |
62,400
+45,000
| +259% | +$3.7M |
|
1418
C&F Financial
CFFI
$272M
| $5.25M | 0.01% |
89,960
| – | – |
|
1419
FS Bancorp
FSBW
$316M
| $5.24M | 0.01% |
117,700
+15,696
| +15% | +$654K |
|
1420
National Vision
EYE
$1.85B
| $5.23M | 0.01% |
+479,600
| New | +$5.6M |
|
1421
MediaAlpha
MAX
$755M
| $5.2M | 0.01% |
287,300
-182,700
| -39% | -$2.91M |
|
1422
Global X S&P 500 Covered Call ETF
XYLD
$3.27B
| $5.15M | 0.01% |
124,208
+3,308
| +3% | +$135K |
|
1423
Cullen/Frost Bankers
CFR
$10.5B
| $5.15M | 0.01% |
46,000
-51,900
| -53% | -$5.67M |
|
1424
CSP Inc
CSPI
$84.3M
| $5.12M | 0.01% |
393,926
-48,300
| -11% | -$678K |
|
1425
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $5.12M | 0.01% |
97,300
-1,500
| -2% | -$77.4K |
|
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.