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 |
Alphabet (Google) Class A
GOOGL
|
+$578M |
| 2 |
Micron Technology
MU
|
+$433M |
| 3 |
Advanced Micro Devices
AMD
|
+$404M |
| 4 |
Amazon
AMZN
|
+$398M |
| 5 |
Accenture
ACN
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$777M |
| 2 |
Meta Platforms (Facebook)
META
|
+$752M |
| 3 |
Tesla
TSLA
|
+$627M |
| 4 |
Chevron
CVX
|
+$528M |
| 5 |
Shopify
SHOP
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.4% |
| 2 | Technology | 18.51% |
| 3 | Consumer Staples | 10.15% |
| 4 | Consumer Discretionary | 9.67% |
| 5 | Financials | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2351
CB Financial Services
CBFV
$189M
| $1.27M | ﹤0.01% |
58,469
-13,254
| -18% | -$299K |
|
|
TCRR
2352
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $1.27M | ﹤0.01% |
706,900
-44,400
| -6% | -$129K |
|
2353
Atara Biotherapeutics
ATRA
$74.3M
| $1.27M | ﹤0.01% |
13,444
+4,436
| +49% | +$498K |
|
|
RADI
2354
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $1.27M | ﹤0.01% |
134,800
-38,000
| -22% | -$532K |
|
2355
Avantis Emerging Markets Equity ETF
AVEM
$26.1B
| $1.27M | ﹤0.01% |
27,600
+1,500
| +6% | +$76.4K |
|
|
ORTX
2356
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $1.27M | ﹤0.01% |
253,544
+54,915
| +28% | +$306K |
|
2357
RGC Resources
RGCO
$228M
| $1.26M | ﹤0.01% |
60,033
-20,098
| -25% | -$419K |
|
2358
Northern Technologies International Corp
NTIC
$77.8M
| $1.26M | ﹤0.01% |
94,877
-18,300
| -16% | -$206K |
|
2359
loanDepot
LDI
$511M
| $1.26M | ﹤0.01% |
953,906
-146,399
| -13% | -$240K |
|
|
LITB
2360
LightInTheBox
LITB
$56.5M
| $1.26M | ﹤0.01% |
195,895
-23,583
| -11% | -$147K |
|
2361
Avita Medical
RCEL
$146M
| $1.26M | ﹤0.01% |
238,580
-88,700
| -27% | -$548K |
|
2362
Frequency Electronics
FEIM
$815M
| $1.25M | ﹤0.01% |
218,061
-25,700
| -11% | -$162K |
|
2363
McCormick & Company Non-Voting
MKC
$14.1B
| $1.25M | ﹤0.01% |
17,600
-483,400
| -96% | -$40.5M |
|
|
CASA
2364
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.25M | ﹤0.01% |
398,200
-8,000
| -2% | -$31.6K |
|
|
FGH
2365
DELISTED
FG Group Holdings Inc.
FGH
| $1.25M | ﹤0.01% |
602,001
-50,011
| -8% | -$123K |
|
2366
Arcutis Biotherapeutics
ARQT
$3.31B
| $1.24M | ﹤0.01% |
65,000
+54,200
| +502% | +$1.23M |
|
2367
The ONE Group
STKS
$54.3M
| $1.24M | ﹤0.01% |
186,961
-66,539
| -26% | -$514K |
|
2368
iShares Biotechnology ETF
IBB
$9.53B
| $1.24M | ﹤0.01% |
10,600
-24,400
| -70% | -$3.03M |
|
2369
Espey Mfg & Electronics Corp
ESP
$186M
| $1.24M | ﹤0.01% |
89,812
-12,400
| -12% | -$173K |
|
|
HA
2370
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.23M | ﹤0.01% |
+93,300
| New | +$1.42M |
|
2371
CSP Inc
CSPI
$83.2M
| $1.22M | ﹤0.01% |
340,354
-33,822
| -9% | -$138K |
|
2372
Seer Inc
SEER
$121M
| $1.22M | ﹤0.01% |
158,200
+32,100
| +25% | +$312K |
|
2373
Transact Technologies
TACT
$58.4M
| $1.22M | ﹤0.01% |
334,537
-48,099
| -13% | -$209K |
|
2374
Taboola.com
TBLA
$1.1B
| $1.22M | ﹤0.01% |
671,444
+155,544
| +30% | +$400K |
|
|
NAPA
2375
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $1.22M | ﹤0.01% |
84,200
-6,300
| -7% | -$113K |
|
Similar funds
Renaissance Technologies's Q3 2022 Portfolio in Review
As of Q3 2022, Renaissance Technologies held 4,619 positions worth $70.7B, down 16% from $84.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $8.71B in Q3 2022, closing 637 positions and reducing 2,164 holdings. Its most notable exit was Shopify, an estimated $439M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class A worth $498M.
- Renaissance Technologies's largest Q3 2022 buy was Alphabet (Google) Class A: 5,208,460 shares worth $498M.
- Renaissance Technologies added most to Advanced Micro Devices in Q3 2022, an estimated $404M increase.
- Renaissance Technologies's biggest Q3 2022 reduction was Apple, cutting an estimated $777M.
- Renaissance Technologies fully exited Shopify in Q3 2022, selling an estimated $439M.
- Renaissance Technologies's ten largest holdings make up 11% of its $70.7B portfolio in Q3 2022.
- Renaissance Technologies opened 441 new positions and closed 637 in Q3 2022.
- Renaissance Technologies's portfolio value fell 16% quarter-over-quarter to $70.7B.
Based on Renaissance Technologies's 13F filing for Q3 2022, filed 14 Nov 2022.