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 | |
|---|---|---|---|---|---|---|
1476
W.R. Berkley
WRB
$26.5B
| $3.65M | 0.01% |
86,247
-648,483
| -88% | -$26.9M |
|
1477
Cooper-Standard Automotive
CPS
$546M
| $3.64M | 0.01% |
271,500
+142,000
| +110% | +$2.25M |
|
|
VZIO
1478
DELISTED
VIZIO Holding Corp.
VZIO
| $3.64M | 0.01% |
673,500
+36,800
| +6% | +$236K |
|
1479
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $3.64M | 0.01% |
40,300
+13,800
| +52% | +$1.25M |
|
1480
Ecovyst
ECVT
$1.33B
| $3.64M | 0.01% |
369,700
-33,600
| -8% | -$359K |
|
1481
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.18B
| $3.64M | 0.01% |
243,181
+72,647
| +43% | +$1.06M |
|
1482
Natural Health Trends
NHTC
$15.4M
| $3.62M | 0.01% |
682,715
-9,500
| -1% | -$51.6K |
|
1483
Vroom Inc
VRM
$36.7M
| $3.6M | 0.01% |
40,176
+24,018
| +149% | +$3.03M |
|
1484
Bankwell Financial Group
BWFG
$537M
| $3.6M | 0.01% |
148,303
+3,200
| +2% | +$83.2K |
|
1485
Akebia Therapeutics
AKBA
$354M
| $3.6M | 0.01% |
3,155,427
-175,300
| -5% | -$225K |
|
1486
Bridgewater Bancshares
BWB
$584M
| $3.58M | 0.01% |
378,147
-5,012
| -1% | -$51.7K |
|
1487
Children's Place
PLCE
$59.2M
| $3.58M | 0.01% |
132,460
-59,900
| -31% | -$1.62M |
|
|
ENZ
1488
DELISTED
Enzo Biochem, Inc.
ENZ
| $3.58M | 0.01% |
2,556,064
-148,800
| -6% | -$224K |
|
|
CCF
1489
DELISTED
Chase Corporation
CCF
| $3.58M | 0.01% |
28,100
-253,000
| -90% | -$31.7M |
|
|
DOOR
1490
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $3.57M | 0.01% |
38,300
-14,800
| -28% | -$1.49M |
|
|
JAMF
1491
DELISTED
Jamf
JAMF
| $3.56M | 0.01% |
201,800
-49,500
| -20% | -$918K |
|
1492
FIGS
FIGS
$1.81B
| $3.56M | 0.01% |
603,918
+227,818
| +61% | +$1.52M |
|
1493
Rackspace Technology
RXT
$1.31B
| $3.56M | 0.01% |
1,515,834
-21,666
| -1% | -$49.2K |
|
1494
SI-BONE Inc
SIBN
$818M
| $3.56M | 0.01% |
167,700
+126,600
| +308% | +$2.93M |
|
1495
Duke Energy
DUK
$96.9B
| $3.52M | 0.01% |
39,895
-213,267
| -84% | -$19.6M |
|
1496
Millicom
TIGO
$15.6B
| $3.52M | 0.01% |
227,757
-29,719
| -12% | -$474K |
|
1497
Hanmi Financial
HAFC
$960M
| $3.52M | 0.01% |
216,680
-901
| -0.4% | -$15.6K |
|
1498
World Kinect Corp
WKC
$2B
| $3.51M | 0.01% |
+156,639
| New | +$3.49M |
|
|
ZEUS
1499
DELISTED
Olympic Steel
ZEUS
| $3.51M | 0.01% |
62,505
-24,393
| -28% | -$1.26M |
|
|
UCTT
1500
Ultra Clean Holdings
UCTT
$3.79B
| $3.51M | 0.01% |
118,300
-40,900
| -26% | -$1.38M |
|
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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.