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 |
Meta Platforms (Facebook)
META
|
+$653M |
| 2 |
Amazon
AMZN
|
+$602M |
| 3 |
ExxonMobil
XOM
|
+$473M |
| 4 |
Tesla
TSLA
|
+$437M |
| 5 |
Starbucks
SBUX
|
+$380M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$511M |
| 2 |
Netflix
NFLX
|
+$427M |
| 3 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$397M |
| 4 |
Nike
NKE
|
+$373M |
| 5 |
Microsoft
MSFT
|
+$365M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.68% |
| 2 | Healthcare | 17.69% |
| 3 | Consumer Discretionary | 13.09% |
| 4 | Industrials | 7.96% |
| 5 | Consumer Staples | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Magna International
MGA
$19.2B
| $1.91M | ﹤0.01% |
32,384
-358,300
| -92% | -$19.3M |
|
1977
Rigel Pharmaceuticals
RIGL
$756M
| $1.91M | ﹤0.01% |
131,823
+18,640
| +16% | +$191K |
|
1978
Sunstone Hotel Investors
SHO
$2.18B
| $1.91M | ﹤0.01% |
178,096
-122,200
| -41% | -$1.2M |
|
|
BCYC
1979
Bicycle Therapeutics
BCYC
$278M
| $1.91M | ﹤0.01% |
105,500
+23,500
| +29% | +$389K |
|
1980
First American
FAF
$7.66B
| $1.9M | ﹤0.01% |
29,500
-49,900
| -63% | -$2.85M |
|
1981
RPC Inc
RES
$1.28B
| $1.9M | ﹤0.01% |
+260,719
| New | +$2.04M |
|
|
HEPS
1982
D-Market Electronic Services & Trading
HEPS
$1.02B
| $1.89M | ﹤0.01% |
1,052,000
+316,801
| +43% | +$439K |
|
1983
STRATTEC Security
STRT
$372M
| $1.89M | ﹤0.01% |
74,506
+6,200
| +9% | +$143K |
|
1984
Kodiak Sciences
KOD
$2.73B
| $1.89M | ﹤0.01% |
620,299
-172,632
| -22% | -$384K |
|
1985
Annaly Capital Management
NLY
$17.1B
| $1.88M | ﹤0.01% |
+97,137
| New | +$1.73M |
|
1986
AMCON Distributing
DIT
$67.2M
| $1.88M | ﹤0.01% |
14,454
-180
| -1% | -$22.3K |
|
1987
Hope Bancorp
HOPE
$1.82B
| $1.88M | ﹤0.01% |
155,500
+28,600
| +23% | +$284K |
|
1988
Rocket Pharmaceuticals
RCKT
$382M
| $1.88M | ﹤0.01% |
62,674
-130,800
| -68% | -$2.89M |
|
1989
Energy Recovery
ERII
$457M
| $1.87M | ﹤0.01% |
+99,300
| New | +$1.84M |
|
1990
8x8 Inc
EGHT
$333M
| $1.87M | ﹤0.01% |
494,630
+456,600
| +1,201% | +$1.36M |
|
1991
Luxfer Holdings
LXFR
$458M
| $1.87M | ﹤0.01% |
209,207
+141,707
| +210% | +$1.32M |
|
|
CTEV
1992
Claritev Corp
CTEV
$450M
| $1.87M | ﹤0.01% |
32,470
-1,083
| -3% | -$65.8K |
|
1993
Sweetgreen
SG
$679M
| $1.87M | ﹤0.01% |
165,100
-95,900
| -37% | -$1.01M |
|
1994
Matrix Service
MTRX
$325M
| $1.86M | ﹤0.01% |
190,559
+63,359
| +50% | +$688K |
|
1995
Ultralife
ULBI
$91.3M
| $1.86M | ﹤0.01% |
272,964
+55,074
| +25% | +$452K |
|
1996
Omega Flex
OFLX
$307M
| $1.86M | ﹤0.01% |
26,380
-2,900
| -10% | -$217K |
|
1997
Global X US Preferred ETF
PFFD
$2.17B
| $1.86M | ﹤0.01% |
+95,900
| New | +$1.78M |
|
1998
Oceaneering
OII
$4.78B
| $1.86M | ﹤0.01% |
87,300
+20,500
| +31% | +$454K |
|
1999
Dana Inc
DAN
$3.01B
| $1.85M | ﹤0.01% |
126,900
-317,700
| -71% | -$4.21M |
|
2000
TAT Technologies
TATT
$554M
| $1.85M | ﹤0.01% |
182,602
+14,200
| +8% | +$126K |
|
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Renaissance Technologies's Q4 2023 Portfolio in Review
As of Q4 2023, Renaissance Technologies held 4,318 positions worth $64.6B, up 10% from $58.7B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies's Q4 2023 filing shows 702 new, 1,590 increased, 1,355 reduced and 633 closed positions. Its largest new stake was Amazon: 4,296,466 shares worth $653M. The largest sale was Berkshire Hathaway Class A, an estimated $511M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2023 buy was Amazon: 4,296,466 shares worth $653M.
- Renaissance Technologies added most to Meta Platforms (Facebook) in Q4 2023, an estimated $653M increase.
- Renaissance Technologies's biggest Q4 2023 reduction was Berkshire Hathaway Class A, cutting an estimated $511M.
- Renaissance Technologies fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $397M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.6B portfolio in Q4 2023.
- Renaissance Technologies opened 702 new positions and closed 633 in Q4 2023.
- Renaissance Technologies's portfolio value rose 10% quarter-over-quarter to $64.6B.
Based on Renaissance Technologies's 13F filing for Q4 2023, filed 13 Feb 2024.