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 | |
|---|---|---|---|---|---|---|
1951
Parke Bancorp
PKBK
$402M
| $1.72M | ﹤0.01% |
105,847
-1,500
| -1% | -$26.3K |
|
1952
Danaos Corp
DAC
$2.61B
| $1.72M | ﹤0.01% |
26,000
-29,100
| -53% | -$1.96M |
|
|
OMCC
1953
DELISTED
Old Market Capital Corp
OMCC
| $1.72M | ﹤0.01% |
359,976
-8,775
| -2% | -$42.9K |
|
1954
Grupo Cibest SA
CIB
$21.4B
| $1.72M | ﹤0.01% |
64,476
+36,176
| +128% | +$1M |
|
1955
Oceaneering
OII
$4.9B
| $1.72M | ﹤0.01% |
66,800
-304,600
| -82% | -$6.96M |
|
1956
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $1.72M | ﹤0.01% |
16,698
-234,802
| -93% | -$24.4M |
|
1957
Verra Mobility
VRRM
$778M
| $1.71M | ﹤0.01% |
91,600
-5,700
| -6% | -$111K |
|
1958
iMGP DBi Managed Futures Strategy ETF
DBMF
$4.14B
| $1.71M | ﹤0.01% |
59,158
-56,542
| -49% | -$1.57M |
|
1959
Vericel Corp
VCEL
$2.29B
| $1.71M | ﹤0.01% |
+51,000
| New | +$1.77M |
|
1960
Caesarstone
CSTE
$76.1M
| $1.71M | ﹤0.01% |
399,278
-19,933
| -5% | -$96.1K |
|
1961
Hyster-Yale Materials Handling
HY
$662M
| $1.7M | ﹤0.01% |
38,100
+6,400
| +20% | +$296K |
|
1962
Minerals Technologies
MTX
$2.34B
| $1.7M | ﹤0.01% |
31,001
-36,399
| -54% | -$2.08M |
|
|
CBAY
1963
DELISTED
Cymabay Therapeutics
CBAY
| $1.69M | ﹤0.01% |
113,450
-156,570
| -58% | -$2.08M |
|
1964
Altisource Portfolio Solutions
ASPS
$66M
| $1.69M | ﹤0.01% |
52,965
-1,875
| -3% | -$70.6K |
|
1965
Atour Lifestyle Holdings
ATAT
$4.82B
| $1.69M | ﹤0.01% |
+89,700
| New | +$1.75M |
|
1966
FB Financial Corp
FBK
$3.04B
| $1.69M | ﹤0.01% |
59,462
+31,707
| +114% | +$984K |
|
|
KEEL
1967
Keel Infrastructure Corp
KEEL
$2.31B
| $1.68M | ﹤0.01% |
1,573,000
+4,100
| +0.3% | +$5.99K |
|
1968
China Automotive Systems
CAAS
$136M
| $1.68M | ﹤0.01% |
432,104
-20,190
| -4% | -$93.4K |
|
|
AD
1969
Array Digital Infrastructure
AD
$3.08B
| $1.68M | ﹤0.01% |
39,062
-9,000
| -19% | -$292K |
|
1970
Eagle Bancorp
EGBN
$849M
| $1.68M | ﹤0.01% |
78,080
-16,000
| -17% | -$389K |
|
1971
Praxis Precision Medicines
PRAX
$10.3B
| $1.67M | ﹤0.01% |
65,133
+21,413
| +49% | +$405K |
|
|
GAU
1972
Galiano Gold
GAU
$509M
| $1.67M | ﹤0.01% |
2,833,253
-151,324
| -5% | -$94.1K |
|
1973
AnaptysBio
ANAB
$1.62B
| $1.67M | ﹤0.01% |
92,700
+34,700
| +60% | +$662K |
|
|
CMBM
1974
DELISTED
Cambium Networks
CMBM
| $1.65M | ﹤0.01% |
225,600
+36,700
| +19% | +$397K |
|
1975
iHeartMedia
IHRT
$574M
| $1.65M | ﹤0.01% |
523,227
-41,100
| -7% | -$155K |
|
Similar funds
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.