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 | |
|---|---|---|---|---|---|---|
2201
Ring Energy
REI
$325M
| $1.5M | ﹤0.01% |
937,300
+149,700
| +19% | +$268K |
|
2202
Entrada Therapeutics
TRDA
$267M
| $1.5M | ﹤0.01% |
93,800
+49,200
| +110% | +$775K |
|
2203
Asana
ASAN
$2B
| $1.5M | ﹤0.01% |
129,300
-256,390
| -66% | -$3.38M |
|
2204
EyePoint Inc
EYPT
$1.08B
| $1.5M | ﹤0.01% |
187,437
+34,637
| +23% | +$304K |
|
2205
iShares Global REIT ETF
REET
$5.08B
| $1.5M | ﹤0.01% |
56,100
+33,581
| +149% | +$849K |
|
2206
O-I Glass
OI
$1.09B
| $1.49M | ﹤0.01% |
+113,900
| New | +$1.36M |
|
2207
Comstock Holding Companies
CHCI
$154M
| $1.49M | ﹤0.01% |
149,379
-1,300
| -0.9% | -$9.3K |
|
|
BRSP
2208
BrightSpire Capital
BRSP
$639M
| $1.49M | ﹤0.01% |
266,300
-27,900
| -9% | -$164K |
|
2209
iShares MSCI Saudi Arabia ETF
KSA
$621M
| $1.49M | ﹤0.01% |
34,900
-4,665
| -12% | -$194K |
|
|
MDV
2210
Modiv Industrial
MDV
$185M
| $1.49M | ﹤0.01% |
88,700
+41,600
| +88% | +$639K |
|
|
NSA
2211
DELISTED
National Storage Affiliates Trust
NSA
| $1.49M | ﹤0.01% |
30,900
-3,200
| -9% | -$143K |
|
|
SF
2212
Stifel
SF
$12.6B
| $1.49M | ﹤0.01% |
23,723
-108,450
| -82% | -$6.19M |
|
2213
Transact Technologies
TACT
$58.4M
| $1.48M | ﹤0.01% |
305,537
-10,800
| -3% | -$44.9K |
|
2214
Urban Edge Properties
UE
$2.71B
| $1.48M | ﹤0.01% |
69,300
-183,500
| -73% | -$3.69M |
|
2215
Toyota
TM
$222B
| $1.48M | ﹤0.01% |
8,300
-72,700
| -90% | -$13.6M |
|
2216
FRP Holdings
FRPH
$407M
| $1.48M | ﹤0.01% |
49,600
+5,400
| +12% | +$158K |
|
2217
iShares Russell 1000 Value ETF
IWD
$83.2B
| $1.48M | ﹤0.01% |
7,800
-1,800
| -19% | -$328K |
|
2218
OP Bancorp
OPBK
$233M
| $1.48M | ﹤0.01% |
118,400
+6,340
| +6% | +$75.2K |
|
2219
ADT
ADT
$5.59B
| $1.48M | ﹤0.01% |
204,106
-220,400
| -52% | -$1.62M |
|
2220
Design Therapeutics
DSGN
$862M
| $1.47M | ﹤0.01% |
274,000
-110,075
| -29% | -$518K |
|
|
GBIO
2221
DELISTED
Generation Bio
GBIO
| $1.47M | ﹤0.01% |
59,430
-4,210
| -7% | -$111K |
|
2222
Triple Flag Precious Metals
TFPM
$6.63B
| $1.47M | ﹤0.01% |
90,700
+12,300
| +16% | +$197K |
|
|
AIV
2223
Aimco
AIV
$381M
| $1.46M | ﹤0.01% |
161,840
-51,500
| -24% | -$458K |
|
2224
Nelnet
NNI
$4.85B
| $1.46M | ﹤0.01% |
12,900
-33,300
| -72% | -$3.66M |
|
|
CRON
2225
Cronos Group
CRON
$1.15B
| $1.46M | ﹤0.01% |
665,949
+201,000
| +43% | +$460K |
|
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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.