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 | |
|---|---|---|---|---|---|---|
|
ETNB
1926
DELISTED
89bio
ETNB
| $2.31M | ﹤0.01% |
312,024
+32,624
| +12% | +$274K |
|
1927
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $2.3M | ﹤0.01% |
99,774
+53,974
| +118% | +$1.22M |
|
1928
Taylor Devices
TAYD
$170M
| $2.3M | ﹤0.01% |
46,062
-300
| -0.6% | -$15.5K |
|
1929
Rigel Pharmaceuticals
RIGL
$756M
| $2.3M | ﹤0.01% |
141,946
-3,000
| -2% | -$35.3K |
|
1930
Tapestry
TPR
$32.2B
| $2.28M | ﹤0.01% |
48,600
-184,900
| -79% | -$7.63M |
|
1931
Northrim BanCorp
NRIM
$600M
| $2.28M | ﹤0.01% |
128,000
+19,600
| +18% | +$321K |
|
1932
Radcom
RDCM
$168M
| $2.27M | ﹤0.01% |
219,633
+30,980
| +16% | +$301K |
|
1933
Marriott International
MAR
$94.2B
| $2.27M | ﹤0.01% |
9,116
-21,300
| -70% | -$4.96M |
|
1934
Lennar Class B
LEN.B
$20.8B
| $2.27M | ﹤0.01% |
13,781
+2,419
| +21% | +$369K |
|
|
KWY
1935
Kingsway Corp
KWY
$266M
| $2.26M | ﹤0.01% |
273,515
-300
| -0.1% | -$2.44K |
|
1936
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $2.26M | ﹤0.01% |
+95,200
| New | +$2.23M |
|
1937
First Majestic Silver
AG
$8.68B
| $2.26M | ﹤0.01% |
+376,738
| New | +$2.18M |
|
|
INST
1938
DELISTED
Instructure Holdings, Inc.
INST
| $2.26M | ﹤0.01% |
95,900
-75,500
| -44% | -$1.78M |
|
|
PRSU
1939
Pursuit Attractions and Hospitality Inc
PRSU
$1.38B
| $2.26M | ﹤0.01% |
63,000
+2,700
| +4% | +$91.9K |
|
1940
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.03B
| $2.26M | ﹤0.01% |
54,500
-12,100
| -18% | -$494K |
|
1941
Saic
SAIC
$5.09B
| $2.26M | ﹤0.01% |
16,200
-65,100
| -80% | -$8.22M |
|
1942
Jackson Financial
JXN
$9.11B
| $2.25M | ﹤0.01% |
+24,700
| New | +$2.06M |
|
1943
Encore Capital Group
ECPG
$1.99B
| $2.25M | ﹤0.01% |
47,605
-25,000
| -34% | -$1.19M |
|
|
SCHV
1944
Schwab US Large-Cap Value ETF
SCHV
$16.1B
| $2.25M | ﹤0.01% |
83,982
+72,282
| +618% | +$1.86M |
|
1945
iShares Russell Top 200 ETF
IWL
$2.27B
| $2.25M | ﹤0.01% |
16,000
-9,800
| -38% | -$1.33M |
|
1946
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$8.77B
| $2.24M | ﹤0.01% |
49,100
+12,000
| +32% | +$521K |
|
|
FIRY
1947
Firy Inc
FIRY
$154M
| $2.24M | ﹤0.01% |
398,625
+6,400
| +2% | +$39.5K |
|
|
CIM
1948
Chimera Investment
CIM
$991M
| $2.24M | ﹤0.01% |
+141,353
| New | +$2.12M |
|
1949
Fidelity Total Bond ETF
FBND
$27.3B
| $2.24M | ﹤0.01% |
47,832
-11,965
| -20% | -$553K |
|
1950
Bentley Systems
BSY
$10.9B
| $2.23M | ﹤0.01% |
+43,900
| New | +$2.16M |
|
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.