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 | |
|---|---|---|---|---|---|---|
2176
DT Midstream
DTM
$13.6B
| $1.56M | ﹤0.01% |
19,800
-40,300
| -67% | -$3.01M |
|
2177
Byline Bancorp
BY
$1.79B
| $1.56M | ﹤0.01% |
58,100
+8,629
| +17% | +$228K |
|
|
SCWX
2178
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.55M | ﹤0.01% |
175,340
-6,200
| -3% | -$46.7K |
|
2179
Vanguard Financials ETF
VFH
$13.7B
| $1.55M | ﹤0.01% |
14,100
+7,800
| +124% | +$827K |
|
|
NOAH
2180
Noah Holdings
NOAH
$594M
| $1.55M | ﹤0.01% |
125,615
+21,215
| +20% | +$176K |
|
|
NAGE
2181
Niagen Bioscience
NAGE
$241M
| $1.55M | ﹤0.01% |
424,200
+8,100
| +2% | +$25.5K |
|
|
PFIE
2182
DELISTED
Profire Energy, Inc
PFIE
| $1.55M | ﹤0.01% |
920,395
-135,116
| -13% | -$216K |
|
2183
Sable Offshore Corp
SOC
$918M
| $1.54M | ﹤0.01% |
+65,200
| New | +$1.17M |
|
2184
AmeriServ Financial
ASRV
$81.3M
| $1.54M | ﹤0.01% |
588,820
-8,757
| -1% | -$22.1K |
|
2185
Skyward Specialty Insurance
SKWD
$2.66B
| $1.54M | ﹤0.01% |
37,700
+31,500
| +508% | +$1.22M |
|
2186
Babcock & Wilcox
BW
$1.4B
| $1.53M | ﹤0.01% |
748,738
-326,400
| -30% | -$464K |
|
2187
Aveanna Healthcare
AVAH
$2.03B
| $1.53M | ﹤0.01% |
293,700
+135,100
| +85% | +$611K |
|
2188
Manitowoc
MTW
$510M
| $1.53M | ﹤0.01% |
158,749
+63,800
| +67% | +$665K |
|
2189
Vanguard Total World Stock ETF
VT
$79.1B
| $1.52M | ﹤0.01% |
12,700
+5,300
| +72% | +$609K |
|
|
REFI
2190
Chicago Atlantic Real Estate Finance
REFI
$256M
| $1.52M | ﹤0.01% |
98,006
+61,706
| +170% | +$968K |
|
2191
USCB Financial Holdings
USCB
$410M
| $1.52M | ﹤0.01% |
99,600
+33,199
| +50% | +$482K |
|
2192
Dianthus Therapeutics
DNTH
$6.15B
| $1.52M | ﹤0.01% |
55,416
-33,188
| -37% | -$924K |
|
2193
Precigen
PGEN
$2.47B
| $1.52M | ﹤0.01% |
1,600,190
+417,500
| +35% | +$527K |
|
2194
Journey Medical
DERM
$180M
| $1.52M | ﹤0.01% |
268,200
+4,175
| +2% | +$21.5K |
|
2195
Scotiabank
BNS
$108B
| $1.51M | ﹤0.01% |
+27,800
| New | +$1.35M |
|
2196
AstroNova
ALOT
$227M
| $1.51M | ﹤0.01% |
112,478
+1,636
| +1% | +$23.7K |
|
2197
Northwest Bancshares
NWBI
$2.29B
| $1.51M | ﹤0.01% |
+112,914
| New | +$1.48M |
|
|
ESPR
2198
DELISTED
Esperion Therapeutics
ESPR
| $1.51M | ﹤0.01% |
914,100
-507,800
| -36% | -$1.03M |
|
2199
Oil States International
OIS
$501M
| $1.51M | ﹤0.01% |
327,299
+168,535
| +106% | +$807K |
|
|
KC
2200
Kingsoft Cloud Holdings
KC
$3.64B
| $1.5M | ﹤0.01% |
511,100
+50,700
| +11% | +$125K |
|
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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.