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 | |
|---|---|---|---|---|---|---|
|
ESGR
1651
DELISTED
Enstar Group
ESGR
| $2.86M | ﹤0.01% |
11,800
+300
| +3% | +$75.3K |
|
1652
Under Armour Class C
UA
$2.82B
| $2.86M | ﹤0.01% |
447,700
-1,036,100
| -70% | -$7.14M |
|
|
IBDP
1653
DELISTED
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
| $2.86M | ﹤0.01% |
115,500
+56,000
| +94% | +$1.38M |
|
1654
Bankunited
BKU
$3.43B
| $2.84M | ﹤0.01% |
125,300
-60,900
| -33% | -$1.56M |
|
1655
Vanguard Dividend Appreciation ETF
VIG
$114B
| $2.84M | ﹤0.01% |
18,300
-7,200
| -28% | -$1.17M |
|
1656
Apollo Global Management
APO
$74.8B
| $2.84M | ﹤0.01% |
+31,665
| New | +$2.66M |
|
|
MTLS
1657
Materialise
MTLS
$393M
| $2.84M | ﹤0.01% |
517,758
+74,658
| +17% | +$536K |
|
1658
Ranger Energy Services
RNGR
$371M
| $2.84M | ﹤0.01% |
200,390
-112,600
| -36% | -$1.31M |
|
1659
ITT
ITT
$18.2B
| $2.84M | ﹤0.01% |
+29,000
| New | +$2.85M |
|
1660
Vera Bradley
VRA
$99.2M
| $2.83M | ﹤0.01% |
427,340
-52,362
| -11% | -$347K |
|
1661
Rush Street Interactive
RSI
$2.67B
| $2.82M | ﹤0.01% |
610,800
+7,200
| +1% | +$30.4K |
|
|
EARN
1662
Ellington Residential Mortgage REIT
EARN
$160M
| $2.81M | ﹤0.01% |
453,200
+13,200
| +3% | +$90K |
|
1663
Distribution Solutions Group
DSGR
$1.61B
| $2.81M | ﹤0.01% |
108,100
+9,024
| +9% | +$232K |
|
1664
Sunstone Hotel Investors
SHO
$2.18B
| $2.81M | ﹤0.01% |
+300,296
| New | +$2.84M |
|
|
BWIN
1665
Baldwin Insurance Group
BWIN
$2.79B
| $2.79M | ﹤0.01% |
119,894
+47,894
| +67% | +$1.2M |
|
1666
Benchmark Electronics
BHE
$3.02B
| $2.78M | ﹤0.01% |
114,750
+15,726
| +16% | +$399K |
|
1667
Concrete Pumping Holdings
BBCP
$491M
| $2.78M | ﹤0.01% |
323,706
-64,994
| -17% | -$524K |
|
|
DQ
1668
Daqo New Energy
DQ
$899M
| $2.78M | ﹤0.01% |
91,700
-52,100
| -36% | -$1.86M |
|
1669
First Bancorp
FNLC
$399M
| $2.77M | ﹤0.01% |
117,963
-400
| -0.3% | -$10K |
|
1670
Northwest Natural Holdings
NWN
$2.08B
| $2.76M | ﹤0.01% |
72,400
+26,454
| +58% | +$1.09M |
|
1671
CarParts.com
PRTS
$45.9M
| $2.76M | ﹤0.01% |
67,010
+22,929
| +52% | +$1.02M |
|
|
ME
1672
DELISTED
23andMe Holding Co
ME
| $2.75M | ﹤0.01% |
140,858
+15,422
| +12% | +$432K |
|
1673
GlobalFoundries
GFS
$27.1B
| $2.75M | ﹤0.01% |
47,300
-445,400
| -90% | -$26.4M |
|
|
LGF.A
1674
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $2.75M | ﹤0.01% |
324,500
-174,278
| -35% | -$1.38M |
|
|
PRO
1675
DELISTED
PROS Holdings
PRO
| $2.75M | ﹤0.01% |
79,400
+4,800
| +6% | +$166K |
|
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.