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 | |
|---|---|---|---|---|---|---|
1601
Children's Place
PLCE
$59.2M
| $3.83M | 0.01% |
124,100
-162,260
| -57% | -$6.82M |
|
1602
Townsquare Media
TSQ
$112M
| $3.83M | 0.01% |
527,952
-29,310
| -5% | -$249K |
|
1603
Upbound Group
UPBD
$1.2B
| $3.82M | 0.01% |
218,412
+95,513
| +78% | +$2.38M |
|
1604
Definitive Healthcare
DH
$73.9M
| $3.82M | 0.01% |
+245,800
| New | +$5.41M |
|
1605
SS&C Technologies
SSNC
$19B
| $3.82M | 0.01% |
80,000
-56,989
| -42% | -$3.28M |
|
1606
Gencor Industries
GENC
$214M
| $3.82M | 0.01% |
423,640
-38,848
| -8% | -$378K |
|
1607
Crawford & Co Class B
CRD.B
$555M
| $3.81M | 0.01% |
726,510
-38,300
| -5% | -$241K |
|
1608
Consumer Portfolio Services
CPSS
$202M
| $3.79M | 0.01% |
521,658
-28,000
| -5% | -$322K |
|
1609
Anavex Life Sciences
AVXL
$292M
| $3.79M | 0.01% |
367,100
+9,300
| +3% | +$98.1K |
|
1610
Standex International
SXI
$3.91B
| $3.78M | 0.01% |
46,300
-2,700
| -6% | -$241K |
|
1611
Foster
FSTR
$438M
| $3.78M | 0.01% |
387,232
-29,300
| -7% | -$384K |
|
1612
Hanmi Financial
HAFC
$960M
| $3.78M | 0.01% |
159,452
-43,728
| -22% | -$1.07M |
|
1613
M/I Homes
MHO
$3.8B
| $3.77M | 0.01% |
104,200
+10,798
| +12% | +$466K |
|
1614
Houlihan Lokey
HLI
$8.96B
| $3.77M | 0.01% |
50,000
-2,900
| -5% | -$235K |
|
|
SFBS
1615
ServisFirst Bancshares
SFBS
$4.97B
| $3.77M | 0.01% |
47,100
-28,100
| -37% | -$2.37M |
|
1616
Hawkins
HWKN
$2.79B
| $3.76M | 0.01% |
96,398
-42,300
| -30% | -$1.64M |
|
1617
Innovative Solutions & Support
ISSC
$375M
| $3.75M | 0.01% |
435,110
-43,200
| -9% | -$313K |
|
1618
US Physical Therapy
USPH
$1.15B
| $3.75M | 0.01% |
49,323
+6,700
| +16% | +$644K |
|
1619
argenx
ARGX
$52.8B
| $3.74M | 0.01% |
+10,600
| New | +$3.93M |
|
1620
Essential Properties Realty Trust
EPRT
$6.64B
| $3.73M | 0.01% |
192,000
-32,100
| -14% | -$731K |
|
1621
Build-A-Bear
BBW
$430M
| $3.72M | 0.01% |
279,279
-79,000
| -22% | -$1.24M |
|
1622
Clearwater Paper
CLW
$369M
| $3.72M | 0.01% |
99,000
+24,100
| +32% | +$955K |
|
1623
Western Digital
WDC
$189B
| $3.71M | 0.01% |
+150,930
| New | +$5.01M |
|
|
CHMI
1624
Cherry Hill Mortgage Investment Corp
CHMI
$84.5M
| $3.71M | 0.01% |
755,584
-81,800
| -10% | -$535K |
|
1625
California Water Service
CWT
$3.11B
| $3.71M | 0.01% |
+70,400
| New | +$4.13M |
|
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.