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 | |
|---|---|---|---|---|---|---|
1701
Millicom
TIGO
$15.6B
| $3.31M | ﹤0.01% |
290,347
-124,950
| -30% | -$1.75M |
|
1702
Acme United Corp
ACU
$212M
| $3.31M | ﹤0.01% |
143,607
-17,700
| -11% | -$502K |
|
1703
Vital Farms
VITL
$521M
| $3.3M | ﹤0.01% |
276,000
-211,200
| -43% | -$2.52M |
|
|
MTLS
1704
Materialise
MTLS
$388M
| $3.29M | ﹤0.01% |
307,700
+107,000
| +53% | +$1.36M |
|
1705
CNA Financial
CNA
$14.3B
| $3.29M | ﹤0.01% |
89,100
+67,800
| +318% | +$2.76M |
|
|
DCBO
1706
Docebo
DCBO
$523M
| $3.29M | ﹤0.01% |
121,700
-101,600
| -45% | -$3.09M |
|
|
NARI
1707
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $3.28M | ﹤0.01% |
45,099
-149,200
| -77% | -$11.1M |
|
1708
OceanFirst Financial
OCFC
$1.72B
| $3.27M | ﹤0.01% |
175,443
-5,409
| -3% | -$108K |
|
1709
Adaptive Biotechnologies
ADPT
$3.9B
| $3.26M | ﹤0.01% |
457,800
-28,700
| -6% | -$270K |
|
1710
iShares Semiconductor ETF
SOXX
$48.6B
| $3.25M | ﹤0.01% |
+30,600
| New | +$3.84M |
|
1711
MINISO
MNSO
$3.7B
| $3.25M | ﹤0.01% |
591,500
+417,600
| +240% | +$2.58M |
|
|
CIVI
1712
DELISTED
Civitas Resources
CIVI
| $3.24M | ﹤0.01% |
+56,507
| New | +$3.33M |
|
1713
Myriad Genetics
MYGN
$303M
| $3.24M | ﹤0.01% |
169,774
+76,574
| +82% | +$1.76M |
|
1714
Progyny
PGNY
$2.47B
| $3.23M | ﹤0.01% |
87,193
-19,607
| -18% | -$734K |
|
|
BORR
1715
Borr Drilling
BORR
$1.24B
| $3.23M | ﹤0.01% |
966,422
+396,969
| +70% | +$1.48M |
|
1716
Tandem Diabetes Care
TNDM
$1.38B
| $3.23M | ﹤0.01% |
67,400
-85,827
| -56% | -$4.71M |
|
|
CMBM
1717
DELISTED
Cambium Networks
CMBM
| $3.22M | ﹤0.01% |
190,300
-10,900
| -5% | -$195K |
|
|
SYNH
1718
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $3.22M | ﹤0.01% |
68,300
+2,000
| +3% | +$129K |
|
1719
Movado Group
MOV
$879M
| $3.22M | ﹤0.01% |
114,200
-9,900
| -8% | -$324K |
|
|
TEN
1720
Tsakos Energy Navigation Ltd
TEN
$1.17B
| $3.21M | ﹤0.01% |
210,280
+8,100
| +4% | +$113K |
|
1721
Crawford & Co Class A
CRD.A
$610M
| $3.21M | ﹤0.01% |
558,824
-41,300
| -7% | -$276K |
|
1722
Marchex
MCHX
$83.3M
| $3.21M | ﹤0.01% |
1,909,365
-78,533
| -4% | -$151K |
|
|
AMNB
1723
DELISTED
American National Bankshares Inc
AMNB
| $3.21M | ﹤0.01% |
100,391
-13,200
| -12% | -$452K |
|
1724
Celestica
CLS
$42.7B
| $3.2M | ﹤0.01% |
380,888
-45,000
| -11% | -$456K |
|
1725
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $3.2M | ﹤0.01% |
+118,100
| New | +$3.62M |
|
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.