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 |
Microsoft
MSFT
|
+$533M |
| 2 |
Apple
AAPL
|
+$347M |
| 3 |
Micron Technology
MU
|
+$272M |
| 4 |
Eli Lilly
LLY
|
+$232M |
| 5 |
Super Micro Computer
SMCI
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$472M |
| 2 |
NVIDIA
NVDA
|
+$413M |
| 3 |
Tesla
TSLA
|
+$403M |
| 4 |
Coinbase
COIN
|
+$236M |
| 5 |
Johnson & Johnson
JNJ
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.66% |
| 2 | Healthcare | 16.81% |
| 3 | Consumer Discretionary | 13.04% |
| 4 | Industrials | 9.63% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
White Mountains Insurance
WTM
$5.23B
| $3.22M | ﹤0.01% |
1,900
-100
| -5% | -$174K |
|
1727
Companhia Siderúrgica Nacional
SID
$1.3B
| $3.22M | ﹤0.01% |
1,347,913
-580,483
| -30% | -$1.28M |
|
|
XRN
1728
Chiron Real Estate Inc
XRN
$464M
| $3.21M | ﹤0.01% |
64,820
+11,000
| +20% | +$518K |
|
1729
JD.com
JD
$43.9B
| $3.2M | ﹤0.01% |
79,900
-669,878
| -89% | -$18.4M |
|
1730
Millicom
TIGO
$15.4B
| $3.19M | ﹤0.01% |
117,600
-203,147
| -63% | -$5.25M |
|
1731
VF Corp
VFC
$5.98B
| $3.18M | ﹤0.01% |
159,600
-509,000
| -76% | -$8.52M |
|
1732
First Northwest Bancorp
FNWB
$106M
| $3.16M | ﹤0.01% |
295,315
+10
| +0% | +$104 |
|
1733
Full House Resorts
FLL
$80.5M
| $3.15M | ﹤0.01% |
627,798
-9,200
| -1% | -$46.8K |
|
1734
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.24B
| $3.14M | ﹤0.01% |
174,100
-240,600
| -58% | -$4.25M |
|
1735
Global Water Resources
GWRS
$211M
| $3.14M | ﹤0.01% |
249,366
+8,919
| +4% | +$111K |
|
1736
KB Financial Group
KB
$42.4B
| $3.14M | ﹤0.01% |
+50,800
| New | +$3.16M |
|
1737
Grid Dynamics Holdings
GDYN
$600M
| $3.13M | ﹤0.01% |
223,800
-63,800
| -22% | -$825K |
|
1738
Adient
ADNT
$1.61B
| $3.13M | ﹤0.01% |
+138,800
| New | +$3.18M |
|
1739
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.63B
| $3.13M | ﹤0.01% |
+88,413
| New | +$3.07M |
|
1740
HUTCHMED
HCM
$2.01B
| $3.11M | ﹤0.01% |
159,300
+28,000
| +21% | +$506K |
|
1741
Southern Copper
SCCO
$164B
| $3.11M | ﹤0.01% |
+28,546
| New | +$2.81M |
|
|
MTLS
1742
Materialise
MTLS
$393M
| $3.1M | ﹤0.01% |
566,374
+133,719
| +31% | +$714K |
|
1743
Consensus Cloud Solutions
CCSI
$702M
| $3.1M | ﹤0.01% |
131,700
+14,800
| +13% | +$309K |
|
|
ZEUS
1744
DELISTED
Olympic Steel
ZEUS
| $3.1M | ﹤0.01% |
79,398
-19,400
| -20% | -$816K |
|
1745
Malibu Boats
MBUU
$575M
| $3.09M | ﹤0.01% |
79,700
-24,100
| -23% | -$868K |
|
|
SEI
1746
Solaris Energy Infrastructure
SEI
$3.41B
| $3.08M | ﹤0.01% |
241,200
+185,200
| +331% | +$2.21M |
|
|
TRTX
1747
TPG RE Finance Trust
TRTX
$610M
| $3.07M | ﹤0.01% |
359,494
+236,400
| +192% | +$2.08M |
|
|
FARO
1748
DELISTED
Faro Technologies
FARO
| $3.06M | ﹤0.01% |
159,942
-65,365
| -29% | -$1.1M |
|
1749
Prothena Corp
PRTA
$444M
| $3.06M | ﹤0.01% |
182,800
-146,700
| -45% | -$3.15M |
|
1750
Kforce
KFRC
$1.05B
| $3.06M | ﹤0.01% |
49,749
+25,126
| +102% | +$1.61M |
|
Similar funds
Renaissance Technologies's Q3 2024 Portfolio in Review
As of Q3 2024, Renaissance Technologies held 4,024 positions worth $66.5B, up 13% from $59B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.2B of net new capital in Q3 2024, opening 578 new positions and adding to 1,558 existing holdings. Its largest new stake was Micron Technology: 2,604,914 shares worth $270M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $413M trimmed.
- Renaissance Technologies's largest Q3 2024 buy was Micron Technology: 2,604,914 shares worth $270M.
- Renaissance Technologies added most to Microsoft in Q3 2024, an estimated $533M increase.
- Renaissance Technologies's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $413M.
- Renaissance Technologies fully exited Broadcom in Q3 2024, selling an estimated $472M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.5B portfolio in Q3 2024.
- Renaissance Technologies opened 578 new positions and closed 539 in Q3 2024.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $66.5B.
Based on Renaissance Technologies's 13F filing for Q3 2024, filed 13 Nov 2024.