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 | |
|---|---|---|---|---|---|---|
2126
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$272M
| $1.7M | ﹤0.01% |
+76,600
| New | +$1.87M |
|
|
MGI
2127
DELISTED
MoneyGram International, Inc. New
MGI
| $1.69M | ﹤0.01% |
162,749
-44,051
| -21% | -$454K |
|
2128
Pangaea Logistics
PANL
$486M
| $1.69M | ﹤0.01% |
366,000
-5,005
| -1% | -$24.6K |
|
2129
Target Hospitality
TH
$1.61B
| $1.69M | ﹤0.01% |
133,890
+19,641
| +17% | +$246K |
|
2130
MarineMax
HZO
$775M
| $1.69M | ﹤0.01% |
56,600
+44,900
| +384% | +$1.68M |
|
|
SEMR
2131
DELISTED
Semrush
SEMR
| $1.69M | ﹤0.01% |
150,300
-28,000
| -16% | -$345K |
|
|
PLYA
2132
DELISTED
Playa Hotels & Resorts
PLYA
| $1.68M | ﹤0.01% |
289,300
+45,300
| +19% | +$300K |
|
2133
Karyopharm Therapeutics
KPTI
$44.6M
| $1.68M | ﹤0.01% |
20,553
-9,767
| -32% | -$730K |
|
2134
Clarus
CLAR
$131M
| $1.68M | ﹤0.01% |
124,790
-62,999
| -34% | -$1.23M |
|
2135
Kenon Holdings
KEN
$3.41B
| $1.68M | ﹤0.01% |
49,013
+24,913
| +103% | +$1.02M |
|
2136
BRC Group Holdings
RILY
$297M
| $1.68M | ﹤0.01% |
37,639
-55,272
| -59% | -$2.76M |
|
2137
Pampa Energía
PAM
$4.55B
| $1.67M | ﹤0.01% |
73,460
+16,600
| +29% | +$392K |
|
|
TBRG
2138
DELISTED
TruBridge
TBRG
| $1.67M | ﹤0.01% |
59,900
-2,600
| -4% | -$80.2K |
|
2139
iShares Global Clean Energy ETF
ICLN
$2.38B
| $1.67M | ﹤0.01% |
87,400
-34,100
| -28% | -$727K |
|
2140
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $1.67M | ﹤0.01% |
+65,800
| New | +$1.74M |
|
|
SMLR
2141
DELISTED
Semler Scientific
SMLR
| $1.67M | ﹤0.01% |
44,400
-26,600
| -37% | -$1M |
|
2142
OneSpan
OSPN
$594M
| $1.67M | ﹤0.01% |
193,360
+108,960
| +129% | +$1.18M |
|
2143
Accel Entertainment
ACEL
$1B
| $1.66M | ﹤0.01% |
212,900
+19,000
| +10% | +$193K |
|
2144
ARS Pharmaceuticals
SPRY
$547M
| $1.66M | ﹤0.01% |
314,400
-234,899
| -43% | -$1.16M |
|
|
ATSG
2145
DELISTED
Air Transport Services Group
ATSG
| $1.66M | ﹤0.01% |
68,900
+54,700
| +385% | +$1.59M |
|
2146
Sotera Health
SHC
$5.43B
| $1.66M | ﹤0.01% |
243,300
+53,700
| +28% | +$893K |
|
2147
Insteel Industries
IIIN
$632M
| $1.66M | ﹤0.01% |
62,440
-69,500
| -53% | -$2.15M |
|
|
PHLT
2148
DELISTED
Performant Healthcare Inc
PHLT
| $1.66M | ﹤0.01% |
895,863
-121,779
| -12% | -$283K |
|
2149
First Watch Restaurant Group
FWRG
$778M
| $1.66M | ﹤0.01% |
114,300
+64,700
| +130% | +$1.05M |
|
|
LENZ
2150
LENZ Therapeutics
LENZ
$162M
| $1.66M | ﹤0.01% |
74,567
-37,904
| -34% | -$903K |
|
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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.