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 |
Netflix
NFLX
|
+$385M |
| 2 |
Microsoft
MSFT
|
+$368M |
| 3 |
Berkshire Hathaway Class A
BRK.A
|
+$298M |
| 4 |
Delta Air Lines
DAL
|
+$208M |
| 5 |
Carnival Corporation Ltd
CCL
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.34B |
| 2 |
Tesla
TSLA
|
+$353M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$303M |
| 4 |
NVIDIA
NVDA
|
+$290M |
| 5 |
Boeing
BA
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.27% |
| 2 | Healthcare | 18.47% |
| 3 | Consumer Discretionary | 12.34% |
| 4 | Consumer Staples | 10.13% |
| 5 | Industrials | 9.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Nerdy
NRDY
$106M
| $1.89M | ﹤0.01% |
511,900
-39,400
| -7% | -$171K |
|
|
VRTV
1902
DELISTED
VERITIV CORPORATION
VRTV
| $1.89M | ﹤0.01% |
11,200
-3,007
| -21% | -$466K |
|
1903
Taysha Gene Therapies
TSHA
$1.81B
| $1.89M | ﹤0.01% |
598,000
+373,600
| +166% | +$698K |
|
1904
Nexa Resources
NEXA
$1.87B
| $1.89M | ﹤0.01% |
311,500
-19,420
| -6% | -$106K |
|
|
QVCGA
1905
DELISTED
QVC Group Inc Series A
QVCGA
| $1.88M | ﹤0.01% |
62,110
-25,459
| -29% | -$1.07M |
|
|
DCBO
1906
Docebo
DCBO
$511M
| $1.88M | ﹤0.01% |
46,400
+3,000
| +7% | +$119K |
|
1907
Simplify Volatility Premium ETF
SVOL
$526M
| $1.88M | ﹤0.01% |
+83,300
| New | +$1.91M |
|
1908
Globalstar
GSAT
$10.7B
| $1.87M | ﹤0.01% |
95,329
+7,104
| +8% | +$127K |
|
1909
Precigen
PGEN
$2.47B
| $1.87M | ﹤0.01% |
1,317,290
-166,300
| -11% | -$236K |
|
1910
Harmonic Inc
HLIT
$1.28B
| $1.87M | ﹤0.01% |
194,127
-381,300
| -66% | -$4.55M |
|
|
HA
1911
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.86M | ﹤0.01% |
294,700
+106,600
| +57% | +$1.01M |
|
|
PSTX
1912
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $1.86M | ﹤0.01% |
783,071
+243,047
| +45% | +$509K |
|
1913
Lantronix
LTRX
$262M
| $1.86M | ﹤0.01% |
418,394
+15,700
| +4% | +$68.9K |
|
|
CHMI
1914
Cherry Hill Mortgage Investment Corp
CHMI
$87.4M
| $1.86M | ﹤0.01% |
499,884
-120,000
| -19% | -$491K |
|
|
TDCX
1915
DELISTED
TDCX Inc. American Depositary Shares, each representing one Class A ordinary share
TDCX
| $1.86M | ﹤0.01% |
314,200
+234,282
| +293% | +$1.54M |
|
1916
G-III Apparel Group
GIII
$1.52B
| $1.85M | ﹤0.01% |
74,303
-63,100
| -46% | -$1.35M |
|
1917
Televisa
TV
$1.47B
| $1.85M | ﹤0.01% |
606,000
+245,800
| +68% | +$1.08M |
|
|
RPTX
1918
DELISTED
Repare Therapeutics
RPTX
| $1.85M | ﹤0.01% |
152,900
+7,000
| +5% | +$72.3K |
|
1919
Capital Group Dividend Value ETF
CGDV
$38.7B
| $1.84M | ﹤0.01% |
69,400
-78,100
| -53% | -$2.14M |
|
1920
Mercer International
MERC
$45.2M
| $1.83M | ﹤0.01% |
213,511
-217,089
| -50% | -$1.87M |
|
1921
Perella Weinberg Partners
PWP
$1.27B
| $1.83M | ﹤0.01% |
179,400
+15,600
| +10% | +$159K |
|
|
STEL
1922
DELISTED
Stellar Bancorp
STEL
| $1.82M | ﹤0.01% |
85,596
+35,200
| +70% | +$803K |
|
1923
Valhi
VHI
$447M
| $1.82M | ﹤0.01% |
137,217
-8,668
| -6% | -$118K |
|
|
LBC
1924
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $1.82M | ﹤0.01% |
216,268
-4,300
| -2% | -$39.9K |
|
|
SFBS
1925
ServisFirst Bancshares
SFBS
$4.91B
| $1.82M | ﹤0.01% |
34,800
-21,520
| -38% | -$1.14M |
|
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Renaissance Technologies's Q3 2023 Portfolio in Review
As of Q3 2023, Renaissance Technologies held 4,329 positions worth $58.7B, down 15% from $69.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $8.34B in Q3 2023, closing 713 positions and reducing 1,794 holdings. Its most notable exit was Chevron, an estimated $185M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in D.R. Horton worth $125M.
- Renaissance Technologies's largest Q3 2023 buy was D.R. Horton: 1,159,438 shares worth $125M.
- Renaissance Technologies added most to Netflix in Q3 2023, an estimated $385M increase.
- Renaissance Technologies's biggest Q3 2023 reduction was Meta Platforms (Facebook), cutting an estimated $1.34B.
- Renaissance Technologies fully exited Chevron in Q3 2023, selling an estimated $185M.
- Renaissance Technologies's ten largest holdings make up 12% of its $58.7B portfolio in Q3 2023.
- Renaissance Technologies opened 464 new positions and closed 713 in Q3 2023.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $58.7B.
Based on Renaissance Technologies's 13F filing for Q3 2023, filed 14 Nov 2023.