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 | |
|---|---|---|---|---|---|---|
|
OLO
1951
DELISTED
Olo Inc
OLO
| $2.2M | ﹤0.01% |
278,700
-126,500
| -31% | -$1.21M |
|
1952
abrdn Physical Gold Shares ETF
SGOL
$7.25B
| $2.2M | ﹤0.01% |
+138,307
| New | +$2.29M |
|
|
MFGP
1953
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $2.2M | ﹤0.01% |
385,200
+99,400
| +35% | +$431K |
|
1954
Kadant
KAI
$3.98B
| $2.19M | ﹤0.01% |
13,100
+4,900
| +60% | +$912K |
|
|
AKRO
1955
DELISTED
Akero Therapeutics
AKRO
| $2.18M | ﹤0.01% |
64,100
-57,700
| -47% | -$883K |
|
1956
OFG Bancorp
OFG
$2.25B
| $2.18M | ﹤0.01% |
86,800
-82,100
| -49% | -$2.23M |
|
1957
Harvard Bioscience
HBIO
$28.7M
| $2.18M | ﹤0.01% |
85,147
-14,979
| -15% | -$496K |
|
1958
Caleres
CAL
$481M
| $2.18M | ﹤0.01% |
+89,850
| New | +$2.38M |
|
1959
Claros Mortgage Trust
CMTG
$240M
| $2.17M | ﹤0.01% |
184,900
+53,100
| +40% | +$911K |
|
1960
American Outdoor Brands
AOUT
$157M
| $2.17M | ﹤0.01% |
247,468
-7,200
| -3% | -$61.2K |
|
1961
Bar Harbor Bankshares
BHB
$679M
| $2.16M | ﹤0.01% |
81,584
-22,072
| -21% | -$620K |
|
1962
AMCON Distributing
DIT
$67.2M
| $2.16M | ﹤0.01% |
15,459
-630
| -4% | -$82.2K |
|
1963
MGE Energy Inc
MGEE
$3.03B
| $2.16M | ﹤0.01% |
32,944
+11,744
| +55% | +$921K |
|
|
CVLY
1964
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $2.16M | ﹤0.01% |
114,438
-67
| -0.1% | -$1.4K |
|
1965
GlobalFoundries
GFS
$27.1B
| $2.15M | ﹤0.01% |
44,400
-186,200
| -81% | -$10M |
|
1966
Orion Energy Systems
OESX
$65.1M
| $2.15M | ﹤0.01% |
137,611
-26,690
| -16% | -$473K |
|
|
VRNA
1967
DELISTED
Verona Pharma
VRNA
| $2.15M | ﹤0.01% |
210,100
+181,900
| +645% | +$1.53M |
|
1968
Workday
WDAY
$42.1B
| $2.15M | ﹤0.01% |
14,100
-2,260,300
| -99% | -$354M |
|
1969
Cardlytics
CDLX
$23.8M
| $2.14M | ﹤0.01% |
22,774
+13,620
| +149% | +$1.94M |
|
1970
Reading International Class A
RDI
$34.1M
| $2.11M | ﹤0.01% |
641,490
-45,600
| -7% | -$185K |
|
1971
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.78B
| $2.1M | ﹤0.01% |
89,700
+20,600
| +30% | +$525K |
|
1972
Civista Bancshares
CIVB
$600M
| $2.1M | ﹤0.01% |
101,265
-13,400
| -12% | -$289K |
|
|
INN
1973
Summit Hotel Properties
INN
$739M
| $2.1M | ﹤0.01% |
312,532
+216,380
| +225% | +$1.69M |
|
1974
Alerian MLP ETF
AMLP
$12.8B
| $2.09M | ﹤0.01% |
57,100
-7,300
| -11% | -$278K |
|
1975
Wheels Up
UP
$208M
| $2.09M | ﹤0.01% |
9,080
+2,481
| +38% | +$995K |
|
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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 441 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.