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 |
Microsoft
MSFT
|
+$533M |
| 2 |
Apple
AAPL
|
+$347M |
| 3 |
Micron Technology
MU
|
+$272M |
| 4 |
Eli Lilly
LLY
|
+$232M |
| 5 |
Super Micro Computer
SMCI
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$472M |
| 2 |
NVIDIA
NVDA
|
+$413M |
| 3 |
Tesla
TSLA
|
+$403M |
| 4 |
Coinbase
COIN
|
+$236M |
| 5 |
Johnson & Johnson
JNJ
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.66% |
| 2 | Healthcare | 16.81% |
| 3 | Consumer Discretionary | 13.04% |
| 4 | Industrials | 9.63% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.84B
| $1.71M | ﹤0.01% |
70,300
+13,200
| +23% | +$318K |
|
2127
Quanterix
QTRX
$180M
| $1.71M | ﹤0.01% |
132,105
-252,495
| -66% | -$3.37M |
|
2128
EPAM Systems
EPAM
$4.86B
| $1.71M | ﹤0.01% |
8,600
-80,798
| -90% | -$16.2M |
|
2129
Metropolitan Bank Holding Corp
MCB
$1.15B
| $1.71M | ﹤0.01% |
32,500
+10,700
| +49% | +$529K |
|
2130
Remitly
RELY
$5.46B
| $1.71M | ﹤0.01% |
127,600
+14,100
| +12% | +$191K |
|
|
AFBI
2131
DELISTED
Affinity Bancshares
AFBI
| $1.71M | ﹤0.01% |
79,748
+28,400
| +55% | +$605K |
|
2132
FTAI Infrastructure
FIP
$479M
| $1.71M | ﹤0.01% |
182,300
-380,900
| -68% | -$3.54M |
|
2133
Planet Labs
PL
$8.1B
| $1.71M | ﹤0.01% |
765,000
+164,200
| +27% | +$365K |
|
2134
Paymentus
PAY
$5.05B
| $1.7M | ﹤0.01% |
85,100
+16,500
| +24% | +$346K |
|
2135
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.45B
| $1.7M | ﹤0.01% |
+18,000
| New | +$1.68M |
|
2136
ArcelorMittal
MT
$55.2B
| $1.7M | ﹤0.01% |
64,571
-39,800
| -38% | -$911K |
|
2137
Alerian MLP ETF
AMLP
$12.9B
| $1.69M | ﹤0.01% |
35,900
+31,000
| +633% | +$1.47M |
|
2138
Caesarstone
CSTE
$76.1M
| $1.69M | ﹤0.01% |
371,018
+9,800
| +3% | +$49.4K |
|
2139
Covenant Logistics
CVLG
$879M
| $1.69M | ﹤0.01% |
63,914
-22,086
| -26% | -$572K |
|
2140
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.83B
| $1.69M | ﹤0.01% |
31,500
+25,200
| +400% | +$1.31M |
|
2141
Domo
DOMO
$179M
| $1.67M | ﹤0.01% |
222,635
-27,065
| -11% | -$207K |
|
2142
Whirlpool
WHR
$2.8B
| $1.66M | ﹤0.01% |
+15,557
| New | +$1.56M |
|
|
CLCO
2143
DELISTED
Cool Company
CLCO
| $1.66M | ﹤0.01% |
146,800
+67,400
| +85% | +$783K |
|
2144
West Fraser Timber
WFG
$5.47B
| $1.66M | ﹤0.01% |
17,000
-16,500
| -49% | -$1.41M |
|
|
DFUS
2145
Dimensional US Equity ETF
DFUS
$21.5B
| $1.65M | ﹤0.01% |
26,600
+5,900
| +29% | +$353K |
|
2146
Commercial Metals
CMC
$8.15B
| $1.65M | ﹤0.01% |
+30,100
| New | +$1.63M |
|
|
AFCG
2147
AFC Gamma
AFCG
$63M
| $1.65M | ﹤0.01% |
162,000
-34,358
| -17% | -$332K |
|
2148
RLX Technology
RLX
$2.43B
| $1.65M | ﹤0.01% |
912,700
-10,300
| -1% | -$17.7K |
|
2149
Grupo Aval
AVAL
$6.07B
| $1.65M | ﹤0.01% |
813,672
+19,996
| +3% | +$41.9K |
|
|
WSR
2150
DELISTED
Whitestone REIT
WSR
| $1.64M | ﹤0.01% |
121,084
+22,200
| +22% | +$298K |
|
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Renaissance Technologies's Q3 2024 Portfolio in Review
As of Q3 2024, Renaissance Technologies held 4,024 positions worth $66.5B, up 13% from $59B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.2B of net new capital in Q3 2024, opening 578 new positions and adding to 1,558 existing holdings. Its largest new stake was Micron Technology: 2,604,914 shares worth $270M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $413M trimmed.
- Renaissance Technologies's largest Q3 2024 buy was Micron Technology: 2,604,914 shares worth $270M.
- Renaissance Technologies added most to Microsoft in Q3 2024, an estimated $533M increase.
- Renaissance Technologies's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $413M.
- Renaissance Technologies fully exited Broadcom in Q3 2024, selling an estimated $472M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.5B portfolio in Q3 2024.
- Renaissance Technologies opened 578 new positions and closed 539 in Q3 2024.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $66.5B.
Based on Renaissance Technologies's 13F filing for Q3 2024, filed 13 Nov 2024.