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 | |
|---|---|---|---|---|---|---|
1676
Amylyx Pharmaceuticals
AMLX
$2.43B
| $2.75M | ﹤0.01% |
+150,100
| New | +$3.17M |
|
1677
Brookfield Asset Management
BAM
$84B
| $2.75M | ﹤0.01% |
82,300
-119,900
| -59% | -$4.05M |
|
1678
Vanguard Morningstar Value ETF
VTV
$191B
| $2.75M | ﹤0.01% |
+19,899
| New | +$2.85M |
|
1679
NeoGenomics
NEO
$2.02B
| $2.74M | ﹤0.01% |
+223,100
| New | +$3.32M |
|
1680
Knowles
KN
$3.38B
| $2.74M | ﹤0.01% |
185,074
-9,326
| -5% | -$153K |
|
|
HONE
1681
DELISTED
HarborOne Bancorp
HONE
| $2.73M | ﹤0.01% |
286,946
+65,400
| +30% | +$639K |
|
1682
Global Water Resources
GWRS
$211M
| $2.73M | ﹤0.01% |
280,147
-3,700
| -1% | -$43.5K |
|
1683
Pacific Biosciences
PACB
$404M
| $2.73M | ﹤0.01% |
+326,622
| New | +$3.73M |
|
1684
Amplify Energy
AMPY
$160M
| $2.73M | ﹤0.01% |
370,900
-42,200
| -10% | -$292K |
|
1685
Sun Communities
SUI
$14.9B
| $2.69M | ﹤0.01% |
+22,700
| New | +$2.88M |
|
1686
Hexcel
HXL
$7.89B
| $2.67M | ﹤0.01% |
41,000
-249,600
| -86% | -$17.7M |
|
1687
Air T
AIRT
$86.1M
| $2.67M | ﹤0.01% |
119,311
-1,800
| -1% | -$41K |
|
1688
Frontier Group Holdings
ULCC
$1.83B
| $2.66M | ﹤0.01% |
550,400
+154,800
| +39% | +$1.16M |
|
|
HBI
1689
DELISTED
Hanesbrands
HBI
| $2.66M | ﹤0.01% |
672,400
-572,997
| -46% | -$2.78M |
|
1690
Marchex
MCHX
$80.6M
| $2.65M | ﹤0.01% |
1,830,264
-13,200
| -0.7% | -$23.2K |
|
1691
First Majestic Silver
AG
$8.68B
| $2.65M | ﹤0.01% |
516,838
-1,028,000
| -67% | -$6.11M |
|
1692
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $2.65M | ﹤0.01% |
+5,800
| New | +$2.78M |
|
1693
The Joint Corp
JYNT
$119M
| $2.65M | ﹤0.01% |
294,567
+40,389
| +16% | +$457K |
|
1694
Amplitude
AMPL
$1.33B
| $2.65M | ﹤0.01% |
228,800
-150,400
| -40% | -$1.74M |
|
1695
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $2.65M | ﹤0.01% |
26,100
-113,700
| -81% | -$12.2M |
|
1696
US Global Jets ETF
JETS
$825M
| $2.64M | ﹤0.01% |
+154,900
| New | +$3.06M |
|
1697
Sonic Automotive
SAH
$2.74B
| $2.64M | ﹤0.01% |
55,226
+27,700
| +101% | +$1.41M |
|
1698
Expensify
EXFY
$195M
| $2.63M | ﹤0.01% |
809,300
+469,600
| +138% | +$2.54M |
|
1699
Saga Communications
SGA
$59.8M
| $2.63M | ﹤0.01% |
122,468
+1,924
| +2% | +$40.8K |
|
1700
TaskUs
TASK
$579M
| $2.63M | ﹤0.01% |
253,200
-169,300
| -40% | -$1.82M |
|
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 713 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 713 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.