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 | |
|---|---|---|---|---|---|---|
2276
Repay Holdings
RPAY
$330M
| $1.02M | ﹤0.01% |
135,000
+5,200
| +4% | +$43.3K |
|
2277
ALX Oncology
ALXO
$287M
| $1.02M | ﹤0.01% |
212,500
+29,700
| +16% | +$161K |
|
2278
Eltek
ELTK
$59.5M
| $1.02M | ﹤0.01% |
107,723
+47,100
| +78% | +$404K |
|
|
NOAH
2279
Noah Holdings
NOAH
$593M
| $1.02M | ﹤0.01% |
81,800
+24,800
| +44% | +$339K |
|
2280
Compugen
CGEN
$218M
| $1.02M | ﹤0.01% |
1,094,300
+55,900
| +5% | +$61.5K |
|
2281
iShares Global Infrastructure ETF
IGF
$10.8B
| $1.02M | ﹤0.01% |
23,500
-2,000
| -8% | -$91.9K |
|
2282
Lightpath Technologies
LPTH
$785M
| $1.01M | ﹤0.01% |
699,400
-37,800
| -5% | -$63.2K |
|
|
ZIMV
2283
DELISTED
ZimVie
ZIMV
| $1.01M | ﹤0.01% |
107,800
+29,000
| +37% | +$335K |
|
|
CTV
2284
DELISTED
Innovid Corp.
CTV
| $1.01M | ﹤0.01% |
791,912
-46,600
| -6% | -$54.5K |
|
|
MBCN
2285
DELISTED
Middlefield Banc Corp
MBCN
| $1.01M | ﹤0.01% |
39,812
+100
| +0.3% | +$2.75K |
|
|
SRTA
2286
Strata Critical Medical Inc
SRTA
$488M
| $1.01M | ﹤0.01% |
390,199
+182,699
| +88% | +$642K |
|
|
LITS
2287
Lite Strategy Inc
LITS
$31.8M
| $1.01M | ﹤0.01% |
144,246
-500
| -0.3% | -$3.28K |
|
2288
Dimensional US High Profitability ETF
DUHP
$12.7B
| $1.01M | ﹤0.01% |
39,300
+10,100
| +35% | +$270K |
|
2289
Shinhan Financial Group
SHG
$34.9B
| $1.01M | ﹤0.01% |
+38,100
| New | +$1.02M |
|
2290
eHealth
EHTH
$42.9M
| $1.01M | ﹤0.01% |
136,128
-86,600
| -39% | -$680K |
|
2291
Onto Innovation
ONTO
$13.4B
| $1M | ﹤0.01% |
+7,874
| New | +$936K |
|
|
TRIB
2292
Trinity Biotech
TRIB
$7.86M
| $1M | ﹤0.01% |
9,088
-64
| -0.7% | -$7.87K |
|
|
MITT
2293
TPG Mortgage Investment Trust
MITT
$223M
| $1M | ﹤0.01% |
180,100
+29,500
| +20% | +$187K |
|
2294
Vanguard Russell 1000 Value ETF
VONV
$21B
| $1M | ﹤0.01% |
15,000
+9,400
| +168% | +$654K |
|
2295
Viridian Therapeutics
VRDN
$2.58B
| $1M | ﹤0.01% |
65,200
-10,800
| -14% | -$206K |
|
|
CMRX
2296
DELISTED
Chimerix, Inc.
CMRX
| $999K | ﹤0.01% |
1,041,109
-1,030,200
| -50% | -$1.12M |
|
|
HRT
2297
DELISTED
HireRight Holdings Corporation
HRT
| $999K | ﹤0.01% |
105,013
-131,887
| -56% | -$1.36M |
|
2298
CVRx
CVRX
$158M
| $997K | ﹤0.01% |
65,700
+3,300
| +5% | +$54.3K |
|
2299
GXO Logistics
GXO
$5.41B
| $997K | ﹤0.01% |
17,000
-48,000
| -74% | -$3M |
|
2300
Kornit Digital
KRNT
$772M
| $997K | ﹤0.01% |
52,700
-26,200
| -33% | -$646K |
|
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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.