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 | |
|---|---|---|---|---|---|---|
|
SUP
1826
DELISTED
Superior Industries International
SUP
| $2.72M | ﹤0.01% |
901,409
-44,900
| -5% | -$198K |
|
|
HT
1827
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.72M | ﹤0.01% |
341,162
+11,100
| +3% | +$111K |
|
1828
Applovin
APP
$141B
| $2.72M | ﹤0.01% |
139,600
-26,600
| -16% | -$795K |
|
1829
Oil States International
OIS
$507M
| $2.71M | ﹤0.01% |
697,586
+248,200
| +55% | +$1.19M |
|
1830
Innodata
INOD
$2.29B
| $2.71M | ﹤0.01% |
898,490
-119,900
| -12% | -$523K |
|
1831
Paysign
PAYS
$519M
| $2.71M | ﹤0.01% |
1,144,833
-111,399
| -9% | -$267K |
|
|
ALBO
1832
DELISTED
Albireo Pharma Inc
ALBO
| $2.7M | ﹤0.01% |
139,683
+120,183
| +616% | +$2.49M |
|
1833
BellRing Brands
BRBR
$1.48B
| $2.7M | ﹤0.01% |
+130,987
| New | +$3.15M |
|
1834
First Hawaiian
FHB
$3.44B
| $2.7M | ﹤0.01% |
109,600
-109,300
| -50% | -$2.75M |
|
1835
Turning Point Brands
TPB
$1.6B
| $2.7M | ﹤0.01% |
127,052
-39,745
| -24% | -$985K |
|
1836
iShares MSCI Canada ETF
EWC
$6.19B
| $2.69M | ﹤0.01% |
+87,600
| New | +$2.98M |
|
1837
Equity Bancshares
EQBK
$1.06B
| $2.69M | ﹤0.01% |
90,800
-6,900
| -7% | -$213K |
|
1838
Lamar Advertising Co
LAMR
$16.1B
| $2.69M | ﹤0.01% |
32,612
-127,300
| -80% | -$12.1M |
|
|
GIFI
1839
DELISTED
Gulf Island Fabrication
GIFI
| $2.69M | ﹤0.01% |
644,924
-35,163
| -5% | -$131K |
|
1840
LeMaitre Vascular
LMAT
$2.42B
| $2.68M | ﹤0.01% |
52,900
-4,100
| -7% | -$205K |
|
1841
Flexsteel Industries
FLXS
$316M
| $2.68M | ﹤0.01% |
170,693
-19,800
| -10% | -$345K |
|
|
BWIN
1842
Baldwin Insurance Group
BWIN
$2.79B
| $2.68M | ﹤0.01% |
101,600
-17,400
| -15% | -$496K |
|
1843
LGL Group
LGL
$47.8M
| $2.67M | ﹤0.01% |
625,419
-2,397
| -0.4% | -$12K |
|
1844
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.4B
| $2.66M | ﹤0.01% |
67,900
+24,100
| +55% | +$1.06M |
|
1845
Quest Resource Holding
QRHC
$26.1M
| $2.65M | ﹤0.01% |
314,392
-86,200
| -22% | -$505K |
|
1846
Innospec
IOSP
$2.14B
| $2.65M | ﹤0.01% |
30,900
+4,400
| +17% | +$416K |
|
1847
Parke Bancorp
PKBK
$401M
| $2.64M | ﹤0.01% |
126,166
-26,768
| -18% | -$591K |
|
1848
Arcos Dorados Holdings
ARCO
$1.76B
| $2.64M | ﹤0.01% |
362,348
+292,170
| +416% | +$2.1M |
|
1849
Insulet
PODD
$11.6B
| $2.64M | ﹤0.01% |
+11,500
| New | +$2.88M |
|
|
CLVS
1850
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.63M | ﹤0.01% |
2,209,700
-78,600
| -3% | -$123K |
|
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.