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 | |
|---|---|---|---|---|---|---|
1976
iShare MSCI Eurozone ETF
EZU
$9.84B
| $2.12M | ﹤0.01% |
+40,600
| New | +$2.03M |
|
1977
Third Coast Bancshares
TCBX
$737M
| $2.12M | ﹤0.01% |
79,213
-6,292
| -7% | -$151K |
|
|
PGRE
1978
DELISTED
Paramount Group
PGRE
| $2.12M | ﹤0.01% |
430,500
+349,534
| +432% | +$1.73M |
|
|
CCC
1979
CCC Intelligent Solutions
CCC
$3.8B
| $2.11M | ﹤0.01% |
191,200
-200,600
| -51% | -$2.16M |
|
|
BRDG
1980
DELISTED
Bridge Investment Group
BRDG
| $2.11M | ﹤0.01% |
213,600
+83,261
| +64% | +$680K |
|
1981
Tronox
TROX
$933M
| $2.11M | ﹤0.01% |
+144,000
| New | +$2.05M |
|
1982
Sinclair Inc
SBGI
$1B
| $2.1M | ﹤0.01% |
137,571
+121,171
| +739% | +$1.69M |
|
|
WBA
1983
DELISTED
Walgreens Boots Alliance
WBA
| $2.1M | ﹤0.01% |
+234,668
| New | +$2.41M |
|
1984
Patterson-UTI
PTEN
$3.64B
| $2.1M | ﹤0.01% |
+274,515
| New | +$2.53M |
|
1985
Murphy Oil
MUR
$5.17B
| $2.1M | ﹤0.01% |
+62,100
| New | +$2.35M |
|
1986
Parke Bancorp
PKBK
$401M
| $2.09M | ﹤0.01% |
99,947
-700
| -0.7% | -$13.5K |
|
1987
American Well
AMWL
$221M
| $2.08M | ﹤0.01% |
219,858
-121,817
| -36% | -$1.03M |
|
1988
PIMCO Multi Sector Bond Active ETF
PYLD
$15.1B
| $2.08M | ﹤0.01% |
+78,200
| New | +$2.05M |
|
1989
Vanguard Global ex-US Real Estate ETF
VNQI
$3.53B
| $2.08M | ﹤0.01% |
44,400
+36,000
| +429% | +$1.57M |
|
1990
World Kinect Corp
WKC
$1.97B
| $2.08M | ﹤0.01% |
67,300
-72,200
| -52% | -$2M |
|
1991
Definitive Healthcare
DH
$70.4M
| $2.07M | ﹤0.01% |
464,051
+435,151
| +1,506% | +$2.04M |
|
1992
Ultralife
ULBI
$91.3M
| $2.07M | ﹤0.01% |
229,390
-13,100
| -5% | -$135K |
|
1993
Kura Oncology
KURA
$817M
| $2.07M | ﹤0.01% |
106,110
-15,090
| -12% | -$306K |
|
1994
First Community Bankshares
FCBC
$919M
| $2.07M | ﹤0.01% |
47,994
-6,900
| -13% | -$288K |
|
1995
Sasol
SSL
$7.01B
| $2.07M | ﹤0.01% |
305,900
+7,900
| +3% | +$58.6K |
|
1996
Eastern Bankshares
EBC
$5.31B
| $2.07M | ﹤0.01% |
126,134
-79,366
| -39% | -$1.25M |
|
1997
SPDR Gold Trust
GLD
$138B
| $2.07M | ﹤0.01% |
+8,500
| New | +$1.95M |
|
1998
Ranger Energy Services
RNGR
$371M
| $2.06M | ﹤0.01% |
173,290
+4,900
| +3% | +$56.7K |
|
1999
Loar Holdings
LOAR
$7.08B
| $2.06M | ﹤0.01% |
27,657
-6,043
| -18% | -$401K |
|
2000
First Community Corp
FCCO
$324M
| $2.06M | ﹤0.01% |
96,169
+22,802
| +31% | +$472K |
|
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.