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 |
Alphabet (Google) Class A
GOOGL
|
+$578M |
| 2 |
Micron Technology
MU
|
+$433M |
| 3 |
Advanced Micro Devices
AMD
|
+$404M |
| 4 |
Amazon
AMZN
|
+$398M |
| 5 |
Accenture
ACN
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$777M |
| 2 |
Meta Platforms (Facebook)
META
|
+$752M |
| 3 |
Tesla
TSLA
|
+$627M |
| 4 |
Chevron
CVX
|
+$528M |
| 5 |
Shopify
SHOP
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.4% |
| 2 | Technology | 18.51% |
| 3 | Consumer Staples | 10.15% |
| 4 | Consumer Discretionary | 9.67% |
| 5 | Financials | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
UNIT
2101
Uniti Group
UNIT
$2.47B
| $1.75M | ﹤0.01% |
252,586
+21,800
| +9% | +$203K |
|
2102
Alico
ALCO
$283M
| $1.75M | ﹤0.01% |
62,096
-9,465
| -13% | -$320K |
|
2103
Napco Security Technologies
NSSC
$1.45B
| $1.75M | ﹤0.01% |
60,300
+23,800
| +65% | +$636K |
|
2104
Byline Bancorp
BY
$1.79B
| $1.75M | ﹤0.01% |
86,171
-2,366
| -3% | -$54.2K |
|
2105
Repay Holdings
RPAY
$330M
| $1.75M | ﹤0.01% |
+247,200
| New | +$2.7M |
|
2106
Loews
L
$23.7B
| $1.74M | ﹤0.01% |
34,900
-133,300
| -79% | -$7.48M |
|
2107
ProShares Short High Yield
SJB
$47.8M
| $1.74M | ﹤0.01% |
86,900
-62,400
| -42% | -$1.19M |
|
2108
G-III Apparel Group
GIII
$1.52B
| $1.74M | ﹤0.01% |
+116,140
| New | +$2.37M |
|
2109
Wabtec
WAB
$49.9B
| $1.73M | ﹤0.01% |
21,307
-109,188
| -84% | -$9.64M |
|
2110
Cactus
WHD
$5.45B
| $1.73M | ﹤0.01% |
45,000
+16,600
| +58% | +$665K |
|
2111
ESCO Technologies
ESE
$8.54B
| $1.73M | ﹤0.01% |
+23,500
| New | +$1.82M |
|
2112
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.57B
| $1.73M | ﹤0.01% |
47,900
+30,400
| +174% | +$1.27M |
|
|
TCS
2113
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.72M | ﹤0.01% |
23,413
+9,060
| +63% | +$914K |
|
2114
Yatra Online
YTRA
$53M
| $1.72M | ﹤0.01% |
770,836
-69,169
| -8% | -$179K |
|
|
CBAY
2115
DELISTED
Cymabay Therapeutics
CBAY
| $1.72M | ﹤0.01% |
490,800
-23,820
| -5% | -$85.6K |
|
2116
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.9B
| $1.72M | ﹤0.01% |
14,100
+12,300
| +683% | +$1.67M |
|
2117
Dimensional World ex US Core Equity 2 ETF
DFAX
$12.3B
| $1.71M | ﹤0.01% |
90,600
+44,200
| +95% | +$939K |
|
2118
NetSol Technologies
NTWK
$50.5M
| $1.71M | ﹤0.01% |
543,301
-36,100
| -6% | -$121K |
|
2119
PCB Bancorp
PCB
$393M
| $1.7M | ﹤0.01% |
94,301
+3,600
| +4% | +$68.5K |
|
2120
S&T Bancorp
STBA
$1.83B
| $1.7M | ﹤0.01% |
58,136
-7,300
| -11% | -$219K |
|
|
TBI
2121
Trueblue
TBI
$313M
| $1.7M | ﹤0.01% |
89,300
-133,700
| -60% | -$2.7M |
|
2122
BJ's Restaurants
BJRI
$1.45B
| $1.7M | ﹤0.01% |
71,329
-45,300
| -39% | -$1.12M |
|
2123
Kura Oncology
KURA
$828M
| $1.7M | ﹤0.01% |
124,500
-20,500
| -14% | -$316K |
|
2124
RCI Hospitality Holdings
RICK
$202M
| $1.7M | ﹤0.01% |
26,000
-42,500
| -62% | -$2.65M |
|
2125
Goldgroup Mining Inc.
GORO
$161M
| $1.7M | ﹤0.01% |
1,028,790
-173,986
| -14% | -$295K |
|
Similar funds
Renaissance Technologies's Q3 2022 Portfolio in Review
As of Q3 2022, Renaissance Technologies held 4,619 positions worth $70.7B, down 16% from $84.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $8.71B in Q3 2022, closing 637 positions and reducing 2,164 holdings. Its most notable exit was Shopify, an estimated $439M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class A worth $498M.
- Renaissance Technologies's largest Q3 2022 buy was Alphabet (Google) Class A: 5,208,460 shares worth $498M.
- Renaissance Technologies added most to Advanced Micro Devices in Q3 2022, an estimated $404M increase.
- Renaissance Technologies's biggest Q3 2022 reduction was Apple, cutting an estimated $777M.
- Renaissance Technologies fully exited Shopify in Q3 2022, selling an estimated $439M.
- Renaissance Technologies's ten largest holdings make up 11% of its $70.7B portfolio in Q3 2022.
- Renaissance Technologies opened 441 new positions and closed 637 in Q3 2022.
- Renaissance Technologies's portfolio value fell 16% quarter-over-quarter to $70.7B.
Based on Renaissance Technologies's 13F filing for Q3 2022, filed 14 Nov 2022.