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 | |
|---|---|---|---|---|---|---|
|
EGRX
1426
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $4.04M | 0.01% |
256,152
-4,321
| -2% | -$77.6K |
|
1427
Halozyme
HALO
$9.87B
| $4.04M | 0.01% |
105,680
+71,600
| +210% | +$2.93M |
|
1428
Townsquare Media
TSQ
$112M
| $4.03M | 0.01% |
462,552
+5,200
| +1% | +$54K |
|
|
COOP
1429
DELISTED
Mr. Cooper
COOP
| $4.02M | 0.01% |
75,099
-101
| -0.1% | -$5.55K |
|
1430
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $4M | 0.01% |
42,700
-3,200
| -7% | -$300K |
|
1431
Boston Properties
BXP
$11.3B
| $3.97M | 0.01% |
66,800
+46,400
| +227% | +$2.97M |
|
1432
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $3.97M | 0.01% |
177,359
-149,741
| -46% | -$3.37M |
|
1433
Rocket Pharmaceuticals
RCKT
$376M
| $3.96M | 0.01% |
193,474
+164,600
| +570% | +$2.99M |
|
|
DCPH
1434
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $3.96M | 0.01% |
311,400
+190,800
| +158% | +$2.63M |
|
1435
Encore Capital Group
ECPG
$2.05B
| $3.96M | 0.01% |
82,905
-5,400
| -6% | -$265K |
|
1436
KraneShares CSI China Internet ETF
KWEB
$5.72B
| $3.95M | 0.01% |
+144,300
| New | +$4.11M |
|
|
SCX
1437
DELISTED
The L.S. Starrett Company
SCX
| $3.95M | 0.01% |
367,223
+11,658
| +3% | +$130K |
|
|
BCOV
1438
DELISTED
Brightcove, Inc.
BCOV
| $3.93M | 0.01% |
1,194,388
+88,137
| +8% | +$340K |
|
|
SNV
1439
DELISTED
Synovus
SNV
| $3.93M | 0.01% |
+141,318
| New | +$4.42M |
|
|
FFIC
1440
DELISTED
Flushing Financial
FFIC
| $3.92M | 0.01% |
298,600
-16,400
| -5% | -$229K |
|
1441
Quad
QUAD
$544M
| $3.9M | 0.01% |
775,800
+17,500
| +2% | +$91.7K |
|
1442
Helix Energy Solutions
HLX
$1.41B
| $3.88M | 0.01% |
347,527
+61,401
| +21% | +$592K |
|
1443
U-Haul Holding Co Series N
UHAL.B
$12.6B
| $3.88M | 0.01% |
74,100
-5,824
| -7% | -$316K |
|
|
NVRO
1444
DELISTED
NEVRO CORP.
NVRO
| $3.88M | 0.01% |
201,700
-116,500
| -37% | -$2.48M |
|
1445
Domo
DOMO
$181M
| $3.87M | 0.01% |
394,400
-126,200
| -24% | -$1.75M |
|
1446
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $3.87M | 0.01% |
105,200
+38,900
| +59% | +$1.41M |
|
|
NTCO
1447
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $3.87M | 0.01% |
670,237
+54,100
| +9% | +$359K |
|
1448
Community Trust Bancorp
CTBI
$1.44B
| $3.86M | 0.01% |
112,705
-3,500
| -3% | -$128K |
|
1449
Lifeway Foods
LWAY
$449M
| $3.85M | 0.01% |
372,839
-3,564
| -0.9% | -$31K |
|
|
JNPR
1450
DELISTED
Juniper Networks
JNPR
| $3.85M | 0.01% |
138,700
-285,991
| -67% | -$8.24M |
|
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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.