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 | |
|---|---|---|---|---|---|---|
1801
Peapack-Gladstone Financial
PGC
$828M
| $2.8M | ﹤0.01% |
102,020
-25,800
| -20% | -$677K |
|
1802
EnerSys
ENS
$7.04B
| $2.8M | ﹤0.01% |
27,400
-82,900
| -75% | -$8.36M |
|
1803
AAR Corp
AIR
$5.9B
| $2.79M | ﹤0.01% |
+42,760
| New | +$2.83M |
|
1804
Enpro
NPO
$7.05B
| $2.79M | ﹤0.01% |
17,200
-12,200
| -41% | -$1.9M |
|
1805
Yum China
YUMC
$16.3B
| $2.79M | ﹤0.01% |
+61,900
| New | +$2.06M |
|
|
VERV
1806
DELISTED
Verve Therapeutics
VERV
| $2.78M | ﹤0.01% |
574,786
+100,286
| +21% | +$582K |
|
|
SCS
1807
DELISTED
Steelcase
SCS
| $2.77M | ﹤0.01% |
205,700
+72,200
| +54% | +$968K |
|
1808
Essent Group
ESNT
$6.1B
| $2.77M | ﹤0.01% |
43,100
+28,800
| +201% | +$1.76M |
|
|
NAPA
1809
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $2.77M | ﹤0.01% |
+476,464
| New | +$3.13M |
|
|
VOXX
1810
DELISTED
VOXX International Corporation Class A
VOXX
| $2.76M | ﹤0.01% |
434,526
+12,700
| +3% | +$49.1K |
|
|
ZUO
1811
DELISTED
Zuora, Inc.
ZUO
| $2.76M | ﹤0.01% |
320,500
+126,100
| +65% | +$1.12M |
|
|
SUP
1812
DELISTED
Superior Industries International
SUP
| $2.75M | ﹤0.01% |
905,535
+35,700
| +4% | +$114K |
|
1813
AtriCure
ATRC
$1.97B
| $2.75M | ﹤0.01% |
98,100
-73,600
| -43% | -$1.81M |
|
1814
Daily Journal
DJCO
$827M
| $2.75M | ﹤0.01% |
5,611
+300
| +6% | +$136K |
|
1815
Airgain
AIRG
$73.4M
| $2.75M | ﹤0.01% |
364,600
+12,264
| +3% | +$87.3K |
|
|
COOP
1816
DELISTED
Mr. Cooper
COOP
| $2.75M | ﹤0.01% |
29,799
-39,800
| -57% | -$3.53M |
|
1817
Allot
ALLT
$389M
| $2.75M | ﹤0.01% |
924,770
+63,964
| +7% | +$192K |
|
1818
Real Brokerage
REAX
$371M
| $2.74M | ﹤0.01% |
494,500
+265,000
| +115% | +$1.51M |
|
|
PHLT
1819
DELISTED
Performant Healthcare Inc
PHLT
| $2.74M | ﹤0.01% |
733,763
-21,900
| -3% | -$74.8K |
|
1820
Franklin Resources
BEN
$17.8B
| $2.74M | ﹤0.01% |
+135,800
| New | +$2.93M |
|
1821
Mercer International
MERC
$44.9M
| $2.72M | ﹤0.01% |
401,811
+268,900
| +202% | +$1.86M |
|
|
AZEK
1822
DELISTED
The AZEK Co
AZEK
| $2.72M | ﹤0.01% |
+58,100
| New | +$2.49M |
|
1823
Equity Bancshares
EQBK
$1.06B
| $2.71M | ﹤0.01% |
66,400
-1,720
| -3% | -$67K |
|
|
GRP.U
1824
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $2.71M | ﹤0.01% |
44,400
+1,100
| +3% | +$60.6K |
|
1825
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $2.71M | ﹤0.01% |
+50,800
| New | +$2.58M |
|
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.