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 | |
|---|---|---|---|---|---|---|
|
SILV
1826
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $2.7M | ﹤0.01% |
292,400
-152,900
| -34% | -$1.35M |
|
1827
Republic Bancorp
RBCAA
$1.97B
| $2.7M | ﹤0.01% |
41,400
+1,200
| +3% | +$73.5K |
|
1828
Methanex
MEOH
$4.02B
| $2.7M | ﹤0.01% |
65,326
+35,300
| +118% | +$1.58M |
|
|
PWOD
1829
DELISTED
Penns Woods Bancorp
PWOD
| $2.69M | ﹤0.01% |
112,969
-11,339
| -9% | -$251K |
|
1830
Alto Ingredients
ALTO
$392M
| $2.69M | ﹤0.01% |
1,668,721
-8,400
| -0.5% | -$12.6K |
|
1831
Yeti Holdings
YETI
$3.98B
| $2.68M | ﹤0.01% |
+65,400
| New | +$2.57M |
|
1832
BrightSpring Health Services
BTSG
$12.5B
| $2.68M | ﹤0.01% |
182,500
+7,000
| +4% | +$87.7K |
|
1833
Mayville Engineering Co
MEC
$650M
| $2.67M | ﹤0.01% |
126,891
+104,591
| +469% | +$1.96M |
|
1834
Acco Brands
ACCO
$402M
| $2.67M | ﹤0.01% |
489,000
+75,500
| +18% | +$382K |
|
1835
Viemed Healthcare
VMD
$376M
| $2.67M | ﹤0.01% |
364,600
-74,100
| -17% | -$529K |
|
1836
Ally Financial
ALLY
$13.6B
| $2.67M | ﹤0.01% |
+74,900
| New | +$3M |
|
1837
Sonida Senior Living
SNDA
$1.89B
| $2.65M | ﹤0.01% |
99,268
+39,677
| +67% | +$1.14M |
|
|
TGI
1838
DELISTED
Triumph Group
TGI
| $2.65M | ﹤0.01% |
205,800
-20,000
| -9% | -$290K |
|
1839
Electromed
ELMD
$347M
| $2.65M | ﹤0.01% |
123,404
+20,400
| +20% | +$332K |
|
1840
Innovative Solutions & Support
ISSC
$370M
| $2.64M | ﹤0.01% |
405,559
-2,916
| -0.7% | -$18.6K |
|
1841
Bath & Body Works
BBWI
$4.19B
| $2.64M | ﹤0.01% |
82,733
-818,400
| -91% | -$27.1M |
|
|
SLRN
1842
DELISTED
ACELYRIN
SLRN
| $2.64M | ﹤0.01% |
534,818
+137,200
| +35% | +$708K |
|
1843
Capital Group US Multi-Sector Income ETF
CGMS
$5.34B
| $2.64M | ﹤0.01% |
+94,700
| New | +$2.61M |
|
1844
iShares Core S&P US Value ETF
IUSV
$27.6B
| $2.63M | ﹤0.01% |
+27,500
| New | +$2.53M |
|
1845
Krystal Biotech
KRYS
$9.64B
| $2.62M | ﹤0.01% |
+14,400
| New | +$2.78M |
|
1846
Alector
ALEC
$165M
| $2.62M | ﹤0.01% |
561,750
-93,300
| -14% | -$500K |
|
1847
SPDR Gold MiniShares Trust
GLDM
$28.9B
| $2.62M | ﹤0.01% |
+50,200
| New | +$2.46M |
|
1848
Tenable Holdings
TENB
$3.97B
| $2.61M | ﹤0.01% |
64,500
-113,100
| -64% | -$4.72M |
|
1849
JPMorgan US Quality Factor ETF
JQUA
$8.43B
| $2.61M | ﹤0.01% |
46,200
+35,500
| +332% | +$1.93M |
|
1850
Omega Flex
OFLX
$307M
| $2.61M | ﹤0.01% |
52,280
+14,585
| +39% | +$719K |
|
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.