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 | |
|---|---|---|---|---|---|---|
2126
Outset Medical
OM
$96.4M
| $1.29M | ﹤0.01% |
+7,933
| New | +$1.87M |
|
2127
Apyx Medical
APYX
$175M
| $1.29M | ﹤0.01% |
404,407
+118,912
| +42% | +$554K |
|
2128
Opko Health
OPK
$985M
| $1.29M | ﹤0.01% |
808,643
+487,290
| +152% | +$888K |
|
2129
Invesco FTSE RAFI US 1000 ETF
PRF
$9.95B
| $1.29M | ﹤0.01% |
40,600
+19,600
| +93% | +$647K |
|
|
YMAB
2130
DELISTED
Y-mAbs Therapeutics
YMAB
| $1.29M | ﹤0.01% |
237,090
+20,890
| +10% | +$122K |
|
2131
RBC Bearings
RBC
$17.9B
| $1.29M | ﹤0.01% |
5,500
-42,000
| -88% | -$9.53M |
|
2132
Kewaunee Scientific
KEQU
$109M
| $1.29M | ﹤0.01% |
74,611
-4,800
| -6% | -$76.9K |
|
2133
Live Ventures
LIVE
$29.6M
| $1.29M | ﹤0.01% |
45,499
+2,900
| +7% | +$78.9K |
|
2134
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $1.29M | ﹤0.01% |
37,900
+11,900
| +46% | +$418K |
|
2135
Radcom
RDCM
$168M
| $1.29M | ﹤0.01% |
148,000
-8,733
| -6% | -$81.1K |
|
2136
GSI Technology
GSIT
$254M
| $1.28M | ﹤0.01% |
474,050
-43,800
| -8% | -$170K |
|
2137
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.98B
| $1.28M | ﹤0.01% |
53,400
-69,600
| -57% | -$1.68M |
|
2138
EverQuote
EVER
$839M
| $1.28M | ﹤0.01% |
176,743
-129,885
| -42% | -$847K |
|
2139
Landmark Bancorp
LARK
$196M
| $1.28M | ﹤0.01% |
81,177
+115
| +0.1% | +$2.01K |
|
|
SBT
2140
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.28M | ﹤0.01% |
218,574
+1,400
| +0.6% | +$8.2K |
|
2141
Silgan Holdings
SLGN
$4.39B
| $1.27M | ﹤0.01% |
29,480
-39,623
| -57% | -$1.78M |
|
2142
Network-1 Technologies
NTIP
$37M
| $1.27M | ﹤0.01% |
542,144
-11,100
| -2% | -$25.3K |
|
2143
Rexford Industrial Realty
REXR
$8.14B
| $1.27M | ﹤0.01% |
25,700
-617,800
| -96% | -$32.7M |
|
|
HTBK
2144
DELISTED
Heritage Commerce
HTBK
| $1.27M | ﹤0.01% |
149,627
+26,827
| +22% | +$239K |
|
2145
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.74B
| $1.26M | ﹤0.01% |
19,900
-21,700
| -52% | -$1.44M |
|
2146
WPP
WPP
$5.6B
| $1.26M | ﹤0.01% |
+28,300
| New | +$1.41M |
|
2147
Compass Minerals
CMP
$1.08B
| $1.26M | ﹤0.01% |
45,001
-7,199
| -14% | -$232K |
|
2148
ThredUp
TDUP
$401M
| $1.26M | ﹤0.01% |
313,712
-2,800
| -0.9% | -$9.5K |
|
2149
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$366M
| $1.25M | ﹤0.01% |
+13,100
| New | +$1.21M |
|
2150
Forum Energy Technologies
FET
$846M
| $1.25M | ﹤0.01% |
52,175
-3,888
| -7% | -$97K |
|
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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.