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 | |
|---|---|---|---|---|---|---|
2376
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.95B
| $1.21M | ﹤0.01% |
74,900
+38,800
| +107% | +$690K |
|
|
PSTX
2377
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $1.21M | ﹤0.01% |
343,300
-36,800
| -10% | -$122K |
|
|
TDCX
2378
DELISTED
TDCX Inc. American Depositary Shares, each representing one Class A ordinary share
TDCX
| $1.21M | ﹤0.01% |
+129,300
| New | +$1.13M |
|
2379
Ponce Financial Group
PDLB
$487M
| $1.21M | ﹤0.01% |
131,894
-19,000
| -13% | -$178K |
|
2380
Republic Bancorp
RBCAA
$1.96B
| $1.21M | ﹤0.01% |
31,534
+334
| +1% | +$14.8K |
|
|
RJET
2381
Republic Airways Holdings
RJET
$996M
| $1.21M | ﹤0.01% |
48,761
-20,407
| -30% | -$700K |
|
2382
Simplify Interest Rate Hedge ETF
PFIX
$178M
| $1.21M | ﹤0.01% |
17,690
+8,990
| +103% | +$510K |
|
|
ELVT
2383
DELISTED
Elevate Credit, Inc.
ELVT
| $1.2M | ﹤0.01% |
1,092,855
-111,200
| -9% | -$202K |
|
|
KNTE
2384
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $1.2M | ﹤0.01% |
100,500
+4,900
| +5% | +$64.1K |
|
2385
Southwest Gas
SWX
$6.69B
| $1.2M | ﹤0.01% |
17,200
-29,200
| -63% | -$2.37M |
|
2386
Sutro Biopharma
STRO
$400M
| $1.2M | ﹤0.01% |
21,590
+6,820
| +46% | +$404K |
|
|
CIXX
2387
DELISTED
CI Financial Corp.
CIXX
| $1.2M | ﹤0.01% |
125,151
-1,024,349
| -89% | -$11.4M |
|
|
AZRE
2388
DELISTED
Azure Power Global Limited
AZRE
| $1.2M | ﹤0.01% |
216,096
+5,000
| +2% | +$46.1K |
|
2389
Rackspace Technology
RXT
$1.22B
| $1.19M | ﹤0.01% |
292,000
+100,000
| +52% | +$580K |
|
2390
Tarsus Pharmaceuticals
TARS
$2.85B
| $1.19M | ﹤0.01% |
69,500
+9,200
| +15% | +$146K |
|
2391
iShares Mortgage Real Estate ETF
REM
$535M
| $1.19M | ﹤0.01% |
+56,800
| New | +$1.6M |
|
2392
Aaon
AAON
$7.39B
| $1.19M | ﹤0.01% |
+33,086
| New | +$1.28M |
|
|
FRBK
2393
DELISTED
Republic First Bancorp Inc
FRBK
| $1.19M | ﹤0.01% |
418,746
-69,200
| -14% | -$233K |
|
2394
Rimini Street
RMNI
$462M
| $1.18M | ﹤0.01% |
254,030
+51,100
| +25% | +$287K |
|
|
GAN
2395
DELISTED
GAN Ltd
GAN
| $1.18M | ﹤0.01% |
530,810
+41,869
| +9% | +$127K |
|
|
SCPH
2396
DELISTED
scPharmaceuticals
SCPH
| $1.18M | ﹤0.01% |
180,286
-11,300
| -6% | -$60.4K |
|
2397
White Mountains Insurance
WTM
$5.3B
| $1.17M | ﹤0.01% |
900
-2,600
| -74% | -$3.36M |
|
2398
-1x Short VIX Futures ETF
SVIX
$186M
| $1.17M | ﹤0.01% |
113,100
+91,400
| +421% | +$1.11M |
|
2399
Live Ventures
LIVE
$29.6M
| $1.17M | ﹤0.01% |
46,499
-5,900
| -11% | -$169K |
|
2400
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $1.16M | ﹤0.01% |
32,200
-812,600
| -96% | -$30.7M |
|
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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.