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 | |
|---|---|---|---|---|---|---|
2076
ReposiTrak
TRAK
$158M
| $1.41M | ﹤0.01% |
160,963
+34,400
| +27% | +$317K |
|
2077
Intrepid Potash
IPI
$469M
| $1.41M | ﹤0.01% |
55,871
-28,600
| -34% | -$732K |
|
2078
SEACOR Marine Holdings
SMHI
$256M
| $1.41M | ﹤0.01% |
101,200
+18,300
| +22% | +$222K |
|
2079
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.64B
| $1.4M | ﹤0.01% |
+74,700
| New | +$1.41M |
|
2080
GE HealthCare
GEHC
$31.8B
| $1.4M | ﹤0.01% |
+20,600
| New | +$1.5M |
|
2081
Crown Crafts
CRWS
$32.3M
| $1.4M | ﹤0.01% |
297,342
-24,174
| -8% | -$120K |
|
2082
United-Guardian
UG
$33.3M
| $1.4M | ﹤0.01% |
185,863
-1,100
| -0.6% | -$8.57K |
|
2083
Algoma Steel
ASTL
$419M
| $1.4M | ﹤0.01% |
205,478
-278,422
| -58% | -$2M |
|
2084
iShares Russell 3000 ETF
IWV
$20.2B
| $1.4M | ﹤0.01% |
5,700
-2,200
| -28% | -$562K |
|
2085
Disc Medicine
IRON
$2.97B
| $1.4M | ﹤0.01% |
29,690
-39,200
| -57% | -$1.96M |
|
2086
WisdomTree Japan Hedged Equity Fund
DXJ
$7.35B
| $1.39M | ﹤0.01% |
15,800
-25,300
| -62% | -$2.16M |
|
2087
Universal Electronics
UEIC
$60.6M
| $1.39M | ﹤0.01% |
154,023
-59,000
| -28% | -$582K |
|
2088
Keros Therapeutics
KROS
$211M
| $1.39M | ﹤0.01% |
43,700
-24,700
| -36% | -$922K |
|
2089
Lennar Class B
LEN.B
$20.1B
| $1.39M | ﹤0.01% |
14,307
-3,577
| -20% | -$373K |
|
2090
Upbound Group
UPBD
$1.14B
| $1.39M | ﹤0.01% |
47,212
-8,300
| -15% | -$259K |
|
2091
Oppenheimer Holdings
OPY
$1.22B
| $1.39M | ﹤0.01% |
36,200
-37,100
| -51% | -$1.44M |
|
2092
State Street SPDR S&P Metals & Mining ETF
XME
$4.22B
| $1.39M | ﹤0.01% |
26,400
-117,300
| -82% | -$6.08M |
|
2093
Transmedics
TMDX
$2.78B
| $1.39M | ﹤0.01% |
25,299
-47,500
| -65% | -$3.42M |
|
|
HOUS
2094
DELISTED
Anywhere Real Estate
HOUS
| $1.37M | ﹤0.01% |
+213,700
| New | +$1.55M |
|
2095
Vanguard Total World Stock ETF
VT
$79.1B
| $1.37M | ﹤0.01% |
+14,700
| New | +$1.43M |
|
|
SHYF
2096
DELISTED
The Shyft Group
SHYF
| $1.37M | ﹤0.01% |
+91,248
| New | +$1.54M |
|
2097
MediaAlpha
MAX
$756M
| $1.36M | ﹤0.01% |
165,200
+50,700
| +44% | +$453K |
|
|
BHR
2098
Braemar Hotels & Resorts
BHR
$146M
| $1.36M | ﹤0.01% |
492,000
-131,600
| -21% | -$409K |
|
|
FARM
2099
DELISTED
Farmer Brothers
FARM
| $1.36M | ﹤0.01% |
526,900
+14,600
| +3% | +$38.2K |
|
2100
Gildan
GIL
$10.8B
| $1.36M | ﹤0.01% |
48,400
-206,500
| -81% | -$6.2M |
|
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.