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 | |
|---|---|---|---|---|---|---|
|
LTC
2226
LTC Properties
LTC
$2.13B
| $1.11M | ﹤0.01% |
34,600
-32,900
| -49% | -$1.09M |
|
2227
Koppers
KOP
$1.01B
| $1.11M | ﹤0.01% |
28,100
+12,900
| +85% | +$488K |
|
2228
Southwest Gas
SWX
$6.69B
| $1.11M | ﹤0.01% |
18,399
-58,401
| -76% | -$3.73M |
|
2229
Tenaya Therapeutics
TNYA
$163M
| $1.11M | ﹤0.01% |
433,600
+339,800
| +362% | +$1.42M |
|
2230
Essent Group
ESNT
$6.04B
| $1.1M | ﹤0.01% |
23,300
-65,600
| -74% | -$3.25M |
|
|
TIO
2231
DELISTED
Tingo Group, Inc. Common Stock
TIO
| $1.1M | ﹤0.01% |
1,073,921
-667,313
| -38% | -$843K |
|
2232
Bakkt Inc
BKKT
$318M
| $1.1M | ﹤0.01% |
37,528
+8,764
| +30% | +$310K |
|
|
EFOR
2233
Everforth Inc
EFOR
$1.29B
| $1.09M | ﹤0.01% |
+13,394
| New | +$1.07M |
|
|
CDMO
2234
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $1.09M | ﹤0.01% |
+115,884
| New | +$1.39M |
|
2235
OneSpan
OSPN
$598M
| $1.09M | ﹤0.01% |
101,570
-9,100
| -8% | -$114K |
|
|
FARO
2236
DELISTED
Faro Technologies
FARO
| $1.09M | ﹤0.01% |
71,642
-103,100
| -59% | -$1.65M |
|
2237
Invesco S&P 500 Equal Weight ETF
RSP
$98.8B
| $1.09M | ﹤0.01% |
7,700
-7,900
| -51% | -$1.18M |
|
2238
Princeton Bancorp
BPRN
$288M
| $1.09M | ﹤0.01% |
37,523
-200
| -0.5% | -$5.86K |
|
2239
ePlus
PLUS
$2.36B
| $1.09M | ﹤0.01% |
17,100
+8,992
| +111% | +$555K |
|
|
PMD
2240
DELISTED
Psychemedics Corporation
PMD
| $1.09M | ﹤0.01% |
273,663
-4,300
| -2% | -$19.2K |
|
|
TAIT
2241
DELISTED
Taitron Components
TAIT
| $1.08M | ﹤0.01% |
306,721
-12,908
| -4% | -$49K |
|
2242
BARK
BARK
$82.7M
| $1.07M | ﹤0.01% |
44,685
-4,130
| -8% | -$115K |
|
2243
NBT Bancorp
NBTB
$2.75B
| $1.07M | ﹤0.01% |
33,839
+26,339
| +351% | +$902K |
|
2244
Terex
TEX
$7.47B
| $1.07M | ﹤0.01% |
+18,600
| New | +$1.11M |
|
|
PPLT
2245
abrdn Physical Platinum Shares ETF
PPLT
$1.99B
| $1.07M | ﹤0.01% |
128,000
-81,580
| -39% | -$700K |
|
2246
Federal Signal
FSS
$7.8B
| $1.07M | ﹤0.01% |
+17,900
| New | +$1.08M |
|
2247
Futu Holdings
FUTU
$14.7B
| $1.07M | ﹤0.01% |
18,500
-77,400
| -81% | -$4.13M |
|
|
CELL
2248
DELISTED
PhenomeX Inc. Common Stock
CELL
| $1.07M | ﹤0.01% |
1,069,428
-477,235
| -31% | -$366K |
|
2249
Granite Ridge Resources
GRNT
$615M
| $1.06M | ﹤0.01% |
+174,496
| New | +$1.22M |
|
2250
BioAtla
BCAB
$5.53M
| $1.06M | ﹤0.01% |
12,504
-1,245
| -9% | -$159K |
|
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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.