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 | |
|---|---|---|---|---|---|---|
|
MAXN
1726
DELISTED
Maxeon Solar Technologies
MAXN
| $3.2M | ﹤0.01% |
1,346
+596
| +79% | +$1.1M |
|
1727
Culp Inc
CULP
$43.7M
| $3.19M | ﹤0.01% |
731,117
-52,300
| -7% | -$247K |
|
1728
Talos Energy
TALO
$2.38B
| $3.17M | ﹤0.01% |
190,700
-76,500
| -29% | -$1.37M |
|
1729
RF Industries
RFIL
$149M
| $3.17M | ﹤0.01% |
551,808
-25,191
| -4% | -$167K |
|
|
CSW
1730
CSW Industrials
CSW
$5.69B
| $3.16M | ﹤0.01% |
26,400
-13,100
| -33% | -$1.6M |
|
|
ONL
1731
Orion Office REIT
ONL
$154M
| $3.15M | ﹤0.01% |
360,500
+81,700
| +29% | +$838K |
|
|
VBTX
1732
DELISTED
Veritex Holdings
VBTX
| $3.15M | ﹤0.01% |
118,609
+85,886
| +262% | +$2.6M |
|
1733
Perimeter Solutions
PRM
$5.44B
| $3.15M | ﹤0.01% |
393,000
+91,200
| +30% | +$940K |
|
|
AIMC
1734
DELISTED
Altra Industrial Motion Corp
AIMC
| $3.13M | ﹤0.01% |
93,009
+16,800
| +22% | +$642K |
|
1735
Lincoln Educational Services
LINC
$1.37B
| $3.12M | ﹤0.01% |
573,578
-134,099
| -19% | -$864K |
|
1736
Cytek Biosciences
CTKB
$553M
| $3.12M | ﹤0.01% |
211,900
+49,000
| +30% | +$636K |
|
1737
Global X Lithium & Battery Tech ETF
LIT
$1.55B
| $3.11M | ﹤0.01% |
47,100
+41,600
| +756% | +$3.09M |
|
|
FOCS
1738
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $3.11M | ﹤0.01% |
98,800
-7,000
| -7% | -$267K |
|
|
ITIC
1739
Investors Title Co
ITIC
$547M
| $3.1M | ﹤0.01% |
22,000
-700
| -3% | -$105K |
|
1740
Global Water Resources
GWRS
$211M
| $3.1M | ﹤0.01% |
264,347
-30,700
| -10% | -$418K |
|
1741
Embecta
EMBC
$227M
| $3.1M | ﹤0.01% |
107,500
+29,400
| +38% | +$870K |
|
1742
Encore Capital Group
ECPG
$2.05B
| $3.09M | ﹤0.01% |
68,000
+6,300
| +10% | +$362K |
|
1743
Saga Communications
SGA
$58.9M
| $3.09M | ﹤0.01% |
118,278
-18,700
| -14% | -$476K |
|
|
IBDN
1744
DELISTED
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
| $3.09M | ﹤0.01% |
+123,500
| New | +$3.09M |
|
|
NTCO
1745
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $3.08M | ﹤0.01% |
564,637
-145,800
| -21% | -$854K |
|
|
SPNE
1746
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $3.08M | ﹤0.01% |
542,700
+73,700
| +16% | +$468K |
|
1747
Airgain
AIRG
$72.9M
| $3.08M | ﹤0.01% |
426,836
-43,400
| -9% | -$346K |
|
1748
Wells Fargo
WFC
$267B
| $3.07M | ﹤0.01% |
76,411
-3,842,000
| -98% | -$165M |
|
1749
Itron
ITRI
$4.65B
| $3.06M | ﹤0.01% |
72,761
-92,200
| -56% | -$4.59M |
|
|
BHR
1750
Braemar Hotels & Resorts
BHR
$144M
| $3.05M | ﹤0.01% |
709,800
+122,700
| +21% | +$622K |
|
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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.