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 | |
|---|---|---|---|---|---|---|
2326
Newell Brands
NWL
$2.52B
| $967K | ﹤0.01% |
+107,127
| New | +$1.07M |
|
2327
Everest Group
EG
$14.1B
| $966K | ﹤0.01% |
2,600
+400
| +18% | +$145K |
|
2328
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.32B
| $964K | ﹤0.01% |
45,400
+12,500
| +38% | +$277K |
|
2329
iShares Latin America 40 ETF
ILF
$3.79B
| $964K | ﹤0.01% |
+37,700
| New | +$1.01M |
|
2330
Lifetime Brands
LCUT
$210M
| $964K | ﹤0.01% |
171,300
-39,400
| -19% | -$239K |
|
|
ROVR
2331
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $963K | ﹤0.01% |
153,900
-23,300
| -13% | -$139K |
|
2332
Aecom
ACM
$9.76B
| $961K | ﹤0.01% |
+11,577
| New | +$998K |
|
2333
MGM Resorts International
MGM
$11.2B
| $961K | ﹤0.01% |
26,140
-167,500
| -87% | -$7.4M |
|
2334
First Merchants
FRME
$2.68B
| $960K | ﹤0.01% |
+34,520
| New | +$1.03M |
|
2335
Third Coast Bancshares
TCBX
$733M
| $959K | ﹤0.01% |
56,101
+8,001
| +17% | +$149K |
|
2336
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.47B
| $958K | ﹤0.01% |
10,900
+7,349
| +207% | +$662K |
|
2337
Century Casinos
CNTY
$34M
| $958K | ﹤0.01% |
186,749
+12,900
| +7% | +$86.9K |
|
|
MKFG
2338
DELISTED
Markforged Holding Corporation
MKFG
| $958K | ﹤0.01% |
66,079
-3,012
| -4% | -$42.5K |
|
2339
CB Financial Services
CBFV
$188M
| $957K | ﹤0.01% |
44,699
-4,700
| -10% | -$102K |
|
2340
Tompkins Financial
TMP
$1.42B
| $957K | ﹤0.01% |
19,530
+14,800
| +313% | +$803K |
|
2341
LENSAR
LNSR
$70.9M
| $956K | ﹤0.01% |
309,445
-3,450
| -1% | -$11.8K |
|
|
NM
2342
DELISTED
Navios Maritime Holdings Inc.
NM
| $956K | ﹤0.01% |
477,772
+31,002
| +7% | +$54.2K |
|
2343
abrdn Physical Palladium Shares ETF
PALL
$663M
| $955K | ﹤0.01% |
41,500
+13,000
| +46% | +$300K |
|
|
XRN
2344
Chiron Real Estate Inc
XRN
$473M
| $954K | ﹤0.01% |
21,280
+3,500
| +20% | +$168K |
|
2345
Power Integrations
POWI
$3.46B
| $954K | ﹤0.01% |
+12,500
| New | +$1.07M |
|
2346
Scholastic
SCHL
$777M
| $954K | ﹤0.01% |
25,020
-37,181
| -60% | -$1.54M |
|
2347
Fuel Tech
FTEK
$42.5M
| $951K | ﹤0.01% |
806,316
-3,172
| -0.4% | -$3.77K |
|
2348
Montauk Renewables
MNTK
$245M
| $951K | ﹤0.01% |
104,400
-183,610
| -64% | -$1.65M |
|
|
SEVN
2349
Seven Hills Realty Trust
SEVN
$175M
| $951K | ﹤0.01% |
87,073
+17,581
| +25% | +$188K |
|
|
SEI
2350
Solaris Energy Infrastructure
SEI
$3.46B
| $951K | ﹤0.01% |
+89,200
| New | +$911K |
|
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.