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 | |
|---|---|---|---|---|---|---|
2301
VanEck Oil Services ETF
OIH
$1.93B
| $997K | ﹤0.01% |
2,890
-12,400
| -81% | -$4.19M |
|
2302
FTAI Infrastructure
FIP
$477M
| $996K | ﹤0.01% |
309,300
+75,000
| +32% | +$259K |
|
2303
Vanguard S&P 500 Value ETF
VOOV
$6.7B
| $996K | ﹤0.01% |
6,700
-2,200
| -25% | -$344K |
|
2304
1stdibs.com
DIBS
$166M
| $993K | ﹤0.01% |
272,881
+17,681
| +7% | +$70.5K |
|
2305
Carter Bankshares
CARE
$738M
| $990K | ﹤0.01% |
79,000
+10,800
| +16% | +$155K |
|
2306
Origin Bancorp
OBK
$1.65B
| $990K | ﹤0.01% |
34,300
-8,900
| -21% | -$272K |
|
|
AKYA
2307
DELISTED
Akoya BioSciences
AKYA
| $989K | ﹤0.01% |
212,600
+33,200
| +19% | +$191K |
|
2308
VirTra
VTSI
$34.5M
| $988K | ﹤0.01% |
177,000
+68,500
| +63% | +$465K |
|
2309
First Financial Bankshares
FFIN
$4.96B
| $987K | ﹤0.01% |
39,308
-35,800
| -48% | -$1.04M |
|
2310
Crescent Energy
CRGY
$3.74B
| $986K | ﹤0.01% |
+78,000
| New | +$955K |
|
2311
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.3B
| $984K | ﹤0.01% |
15,500
-39,000
| -72% | -$2.59M |
|
2312
Zedge
ZDGE
$39.7M
| $980K | ﹤0.01% |
447,414
-14,740
| -3% | -$30.9K |
|
2313
AMES National
ATLO
$278M
| $979K | ﹤0.01% |
58,984
-5,400
| -8% | -$99.4K |
|
2314
Kopin
KOPN
$782M
| $979K | ﹤0.01% |
802,264
+465,100
| +138% | +$754K |
|
2315
Karyopharm Therapeutics
KPTI
$44.4M
| $979K | ﹤0.01% |
48,693
+4,200
| +9% | +$94.3K |
|
|
HEPS
2316
D-Market Electronic Services & Trading
HEPS
$1.02B
| $978K | ﹤0.01% |
735,199
-193,311
| -21% | -$297K |
|
2317
Barnwell Industries
BRN
$14.4M
| $974K | ﹤0.01% |
369,822
+13,600
| +4% | +$35.2K |
|
2318
Ascent Industries
ACNT
$140M
| $972K | ﹤0.01% |
109,600
-3,700
| -3% | -$33K |
|
|
AAT
2319
American Assets Trust
AAT
$1.39B
| $971K | ﹤0.01% |
+49,901
| New | +$1.05M |
|
2320
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $971K | ﹤0.01% |
18,500
-4,200
| -19% | -$230K |
|
|
VIA
2321
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $971K | ﹤0.01% |
132,101
-5,700
| -4% | -$46.9K |
|
|
CUTR
2322
DELISTED
Cutera, Inc.
CUTR
| $970K | ﹤0.01% |
161,198
-31,100
| -16% | -$394K |
|
2323
Blend Labs
BLND
$419M
| $969K | ﹤0.01% |
707,260
-21,600
| -3% | -$26.2K |
|
2324
Larimar Therapeutics
LRMR
$432M
| $969K | ﹤0.01% |
245,342
-36,232
| -13% | -$137K |
|
2325
Horizon Bancorp
HBNC
$1.04B
| $968K | ﹤0.01% |
90,616
-56,500
| -38% | -$634K |
|
Similar funds
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.