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 | |
|---|---|---|---|---|---|---|
2176
TETRA Technologies
TTI
$1.27B
| $1.61M | ﹤0.01% |
448,164
-234,912
| -34% | -$926K |
|
2177
Eagle Bancorp Montana
EBMT
$191M
| $1.61M | ﹤0.01% |
84,610
-23,100
| -21% | -$446K |
|
2178
AvePoint
AVPT
$2.71B
| $1.6M | ﹤0.01% |
400,300
+52,800
| +15% | +$249K |
|
2179
Xponential Fitness
XPOF
$266M
| $1.6M | ﹤0.01% |
87,900
+6,400
| +8% | +$108K |
|
|
ASRT
2180
DELISTED
Assertio
ASRT
| $1.6M | ﹤0.01% |
47,102
+14,700
| +45% | +$665K |
|
2181
FormFactor
FORM
$9B
| $1.6M | ﹤0.01% |
+63,868
| New | +$2.07M |
|
|
ABST
2182
DELISTED
Absolute Software Corp
ABST
| $1.6M | ﹤0.01% |
137,800
-38,200
| -22% | -$389K |
|
2183
MiMedx Group
MDXG
$609M
| $1.6M | ﹤0.01% |
556,385
-83,676
| -13% | -$297K |
|
|
VVNT
2184
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $1.6M | ﹤0.01% |
242,600
+22,174
| +10% | +$124K |
|
|
GNTY
2185
DELISTED
Guaranty Bancshares
GNTY
| $1.59M | ﹤0.01% |
45,869
-6,100
| -12% | -$219K |
|
2186
Viemed Healthcare
VMD
$363M
| $1.59M | ﹤0.01% |
264,400
+5,500
| +2% | +$35.3K |
|
2187
Planet Labs
PL
$8.1B
| $1.59M | ﹤0.01% |
292,100
-120,500
| -29% | -$665K |
|
2188
Zedge
ZDGE
$40.5M
| $1.59M | ﹤0.01% |
672,192
-84,718
| -11% | -$243K |
|
2189
Lloyds Banking Group
LYG
$90B
| $1.58M | ﹤0.01% |
885,500
-536,400
| -38% | -$1.11M |
|
|
TPH
2190
DELISTED
Tri Pointe Homes
TPH
| $1.58M | ﹤0.01% |
+104,836
| New | +$1.85M |
|
2191
Passage Bio
PASG
$14.1M
| $1.58M | ﹤0.01% |
63,070
+11,790
| +23% | +$465K |
|
2192
Martin Marietta Materials
MLM
$32.3B
| $1.58M | ﹤0.01% |
4,894
-21,500
| -81% | -$7.28M |
|
2193
Horace Mann Educators
HMN
$2.19B
| $1.57M | ﹤0.01% |
44,600
-75,800
| -63% | -$2.73M |
|
2194
Red Robin
RRGB
$156M
| $1.57M | ﹤0.01% |
233,666
+116,700
| +100% | +$952K |
|
2195
Schwab Emerging Markets Equity ETF
SCHE
$12.8B
| $1.57M | ﹤0.01% |
70,000
+41,800
| +148% | +$1.03M |
|
2196
KraneShares Global Carbon Strategy ETF
KRBN
$142M
| $1.57M | ﹤0.01% |
+42,100
| New | +$1.86M |
|
2197
Kiniksa Pharmaceuticals
KNSA
$5.97B
| $1.56M | ﹤0.01% |
121,800
+67,800
| +126% | +$772K |
|
2198
Vanguard Total International Stock ETF
VXUS
$158B
| $1.56M | ﹤0.01% |
34,100
-32,400
| -49% | -$1.66M |
|
|
SCTL
2199
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $1.56M | ﹤0.01% |
957,932
-75,468
| -7% | -$87.8K |
|
2200
Compugen
CGEN
$218M
| $1.56M | ﹤0.01% |
2,372,648
+1,072,576
| +83% | +$1.51M |
|
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.