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 | |
|---|---|---|---|---|---|---|
|
VBTX
2001
DELISTED
Veritex Holdings
VBTX
| $1.59M | ﹤0.01% |
88,777
+19,552
| +28% | +$377K |
|
2002
The Bancorp
TBBK
$2.95B
| $1.59M | ﹤0.01% |
46,100
-86,200
| -65% | -$3.14M |
|
2003
Copart
CPRT
$26.9B
| $1.59M | ﹤0.01% |
+36,800
| New | +$1.64M |
|
2004
Allegiant Air
ALGT
$2.61B
| $1.58M | ﹤0.01% |
+20,600
| New | +$2.12M |
|
2005
Flanigan's Enterprises
BDL
$86M
| $1.58M | ﹤0.01% |
47,799
-2,300
| -5% | -$71.5K |
|
|
TRHC
2006
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $1.58M | ﹤0.01% |
153,000
-200
| -0.1% | -$1.9K |
|
2007
Autohome
ATHM
$2.62B
| $1.57M | ﹤0.01% |
51,890
-153,510
| -75% | -$4.62M |
|
2008
Coca-Cola Europacific Partners
CCEP
$47.9B
| $1.57M | ﹤0.01% |
25,139
+12,711
| +102% | +$808K |
|
2009
iShares MSCI Turkey ETF
TUR
$213M
| $1.57M | ﹤0.01% |
+40,800
| New | +$1.43M |
|
|
PTVE
2010
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $1.57M | ﹤0.01% |
192,700
+23,900
| +14% | +$195K |
|
2011
STRATTEC Security
STRT
$363M
| $1.56M | ﹤0.01% |
68,306
+100
| +0.1% | +$2.25K |
|
|
AAIC
2012
DELISTED
Arlington Asset Investment Corp.
AAIC
| $1.56M | ﹤0.01% |
365,024
+86,236
| +31% | +$391K |
|
2013
Acadia Realty Trust
AKR
$2.84B
| $1.56M | ﹤0.01% |
108,801
-112,600
| -51% | -$1.7M |
|
2014
Open Text
OTEX
$6.23B
| $1.56M | ﹤0.01% |
+44,400
| New | +$1.74M |
|
2015
FT Vest Fund of Buffer ETFs
BUFR
$10.3B
| $1.56M | ﹤0.01% |
63,714
+20,391
| +47% | +$512K |
|
2016
Johnson & Johnson
JNJ
$619B
| $1.56M | ﹤0.01% |
10,000
+4,500
| +82% | +$743K |
|
2017
IQVIA
IQV
$38.3B
| $1.55M | ﹤0.01% |
7,900
+6,500
| +464% | +$1.41M |
|
2018
Euroseas
ESEA
$542M
| $1.55M | ﹤0.01% |
71,606
+9,991
| +16% | +$195K |
|
2019
Vanguard Morningstar Mega Cap ETF
MGC
$10.3B
| $1.55M | ﹤0.01% |
10,200
+6,000
| +143% | +$945K |
|
|
STRR
2020
Star Equity Holdings
STRR
$42.4M
| $1.55M | ﹤0.01% |
82,065
-1,937
| -2% | -$40.9K |
|
2021
Pitney Bowes
PBI
$2.46B
| $1.54M | ﹤0.01% |
511,071
-716,100
| -58% | -$2.45M |
|
|
PSTL
2022
Postal Realty Trust
PSTL
$689M
| $1.54M | ﹤0.01% |
114,050
+3,200
| +3% | +$46.4K |
|
|
CVLY
2023
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.54M | ﹤0.01% |
82,538
-600
| -0.7% | -$12.3K |
|
|
SVA
2024
DELISTED
Sinovac Biotech, Ltd
SVA
| $1.54M | ﹤0.01% |
2,375,841
| – | – |
|
2025
Credit Suisse AG Credit Suisse X-Links Crude Oil Shares Covered Call ETN
USOI
$41.4M
| $1.53M | ﹤0.01% |
18,200
+10,800
| +146% | +$866K |
|
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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.