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 | |
|---|---|---|---|---|---|---|
1601
Sweetgreen
SG
$679M
| $3.07M | 0.01% |
+261,000
| New | +$3.63M |
|
1602
JELD-WEN Holding
JELD
$156M
| $3.06M | 0.01% |
229,200
-123,300
| -35% | -$1.93M |
|
1603
Full House Resorts
FLL
$82.7M
| $3.06M | 0.01% |
715,590
-24,800
| -3% | -$136K |
|
|
UMH
1604
UMH Properties
UMH
$1.3B
| $3.05M | 0.01% |
+217,700
| New | +$3.35M |
|
|
CHCT
1605
Community Healthcare Trust
CHCT
$506M
| $3.05M | 0.01% |
102,600
-26,600
| -21% | -$893K |
|
1606
Graco
GGG
$13.3B
| $3.05M | 0.01% |
41,800
-136,800
| -77% | -$10.8M |
|
1607
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.63B
| $3.04M | 0.01% |
77,599
-1,208
| -2% | -$47.9K |
|
1608
Ardagh Metal Packaging
AMBP
$2.96B
| $3.04M | 0.01% |
971,532
-434,497
| -31% | -$1.53M |
|
1609
China Yuchai International
CYD
$1.81B
| $3.04M | 0.01% |
300,580
-11,000
| -4% | -$120K |
|
1610
GoPro
GPRO
$133M
| $3.02M | 0.01% |
962,100
-153,700
| -14% | -$583K |
|
1611
Arcosa
ACA
$7.13B
| $3.02M | 0.01% |
42,000
+13,700
| +48% | +$1.04M |
|
1612
BJ's Restaurants
BJRI
$1.43B
| $3.02M | 0.01% |
128,649
+90,420
| +237% | +$2.78M |
|
1613
FS Bancorp
FSBW
$319M
| $3.02M | 0.01% |
102,304
| – | – |
|
1614
Cavco Industries
CVCO
$4.36B
| $3.02M | 0.01% |
11,355
-6,600
| -37% | -$1.85M |
|
|
IBTX
1615
DELISTED
Independent Bank Group, Inc.
IBTX
| $3.02M | 0.01% |
76,243
+13,800
| +22% | +$563K |
|
1616
uniQure
QURE
$3.03B
| $3.01M | 0.01% |
+449,112
| New | +$4.04M |
|
1617
Telephone and Data Systems
TDS
$4.07B
| $3M | 0.01% |
+164,085
| New | +$2.37M |
|
1618
Clearwater Paper
CLW
$369M
| $3M | 0.01% |
82,700
-3,800
| -4% | -$132K |
|
1619
Columbus McKinnon
CMCO
$622M
| $3M | 0.01% |
85,885
-1,700
| -2% | -$64.8K |
|
1620
GCM Grosvenor
GCMG
$816M
| $3M | 0.01% |
386,200
+22,800
| +6% | +$177K |
|
1621
Savers
SVV
$1.65B
| $2.99M | 0.01% |
+160,069
| New | +$3.7M |
|
|
ONT
1622
Onterris Inc
ONT
$826M
| $2.98M | 0.01% |
101,763
+59,147
| +139% | +$2.25M |
|
1623
Seneca Foods Class A
SENEA
$1.18B
| $2.98M | 0.01% |
55,297
-69,866
| -56% | -$3.13M |
|
1624
CSP Inc
CSPI
$84M
| $2.98M | 0.01% |
340,126
+17,600
| +5% | +$130K |
|
|
ALLK
1625
DELISTED
Allakos
ALLK
| $2.98M | 0.01% |
1,310,459
+579,548
| +79% | +$2.15M |
|
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.