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 | |
|---|---|---|---|---|---|---|
176
Alpha Architect 1-3 Month Box ETF
BOXX
$13.1B
| $83.6M | 0.13% |
767,600
+125,800
| +20% | +$13.6M |
|
177
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $83.6M | 0.13% |
1,647,900
+106,200
| +7% | +$5.37M |
|
178
Innoviva
INVA
$1.6B
| $83.6M | 0.13% |
4,329,907
+4,000
| +0.1% | +$73.7K |
|
179
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $83.6M | 0.13% |
1,637,700
+183,400
| +13% | +$9.34M |
|
180
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.64B
| $83.6M | 0.13% |
833,400
+129,300
| +18% | +$12.9M |
|
181
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $83.6M | 0.13% |
1,678,900
+109,300
| +7% | +$5.43M |
|
182
NIO
NIO
$11.9B
| $83.5M | 0.13% |
12,494,700
+12,236,000
| +4,730% | +$56.2M |
|
183
First Trust Enhanced Short Maturity ETF
FTSM
$6.51B
| $83.3M | 0.13% |
1,390,700
+124,200
| +10% | +$7.44M |
|
184
WisdomTree Floating Rate Treasury Fund
USFR
$18.1B
| $83.2M | 0.13% |
1,657,300
+116,700
| +8% | +$5.88M |
|
185
Western Digital
WDC
$159B
| $83.2M | 0.13% |
+1,611,722
| New | +$81.4M |
|
186
B2Gold
BTG
$4.98B
| $82.9M | 0.12% |
26,914,355
+2,445,958
| +10% | +$7.11M |
|
187
Procter & Gamble
PG
$340B
| $82.9M | 0.12% |
478,520
-195,209
| -29% | -$33.1M |
|
188
iShares Treasury Floating Rate Bond ETF
TFLO
$6.54B
| $82.5M | 0.12% |
1,630,195
+88,695
| +6% | +$4.48M |
|
189
Freeport-McMoran
FCX
$86.2B
| $82.1M | 0.12% |
1,644,149
+817,858
| +99% | +$36.9M |
|
190
Vale
VALE
$62.3B
| $81.8M | 0.12% |
7,001,759
+2,578,847
| +58% | +$27.6M |
|
191
Pinduoduo
PDD
$126B
| $81.7M | 0.12% |
606,200
-720,100
| -54% | -$88.5M |
|
192
Copa Holdings
CPA
$5.56B
| $81.7M | 0.12% |
870,385
-1,543
| -0.2% | -$140K |
|
193
Invesco Senior Loan ETF
BKLN
$6.96B
| $80.9M | 0.12% |
3,851,500
+698,500
| +22% | +$14.7M |
|
194
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $80.8M | 0.12% |
1,935,500
+561,735
| +41% | +$23.4M |
|
195
Edwards Lifesciences
EW
$49.4B
| $80.6M | 0.12% |
+1,221,700
| New | +$88.8M |
|
196
United Airlines
UAL
$38.8B
| $80.3M | 0.12% |
1,407,196
+223,200
| +19% | +$10.3M |
|
197
Seagate
STX
$174B
| $79.7M | 0.12% |
727,393
+606,500
| +502% | +$62M |
|
198
Colliers International
CIGI
$5.17B
| $79.6M | 0.12% |
524,100
-14,200
| -3% | -$1.93M |
|
199
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.06B
| $79.5M | 0.12% |
1,567,700
+19,800
| +1% | +$1M |
|
200
Advanced Micro Devices
AMD
$700B
| $79.5M | 0.12% |
484,790
-1,341,100
| -73% | -$204M |
|
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.