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 | |
|---|---|---|---|---|---|---|
2376
Valaris
VAL
$5.36B
| $907K | ﹤0.01% |
+12,100
| New | +$889K |
|
2377
Avantis US Equity ETF
AVUS
$14.3B
| $901K | ﹤0.01% |
12,300
-14,600
| -54% | -$1.11M |
|
|
ARGO
2378
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $897K | ﹤0.01% |
+30,058
| New | +$894K |
|
2379
Xencor
XNCR
$1.49B
| $893K | ﹤0.01% |
44,300
-83,973
| -65% | -$1.91M |
|
|
FREE
2380
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $892K | ﹤0.01% |
247,700
+32,200
| +15% | +$123K |
|
2381
Vanguard S&P 500 Growth ETF
VOOG
$27B
| $889K | ﹤0.01% |
21,600
-24,000
| -53% | -$1.02M |
|
|
ORTX
2382
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $888K | ﹤0.01% |
114,818
-10,400
| -8% | -$56.3K |
|
2383
First US Bancshares
FUSB
$92.3M
| $887K | ﹤0.01% |
103,721
-2,100
| -2% | -$18.2K |
|
2384
Installed Building Products
IBP
$6.52B
| $887K | ﹤0.01% |
+7,100
| New | +$1M |
|
2385
Kforce
KFRC
$1.05B
| $886K | ﹤0.01% |
14,849
-200
| -1% | -$12.2K |
|
|
TRTX
2386
TPG RE Finance Trust
TRTX
$606M
| $882K | ﹤0.01% |
131,094
-93,100
| -42% | -$675K |
|
2387
HUTCHMED
HCM
$2.06B
| $881K | ﹤0.01% |
52,000
-3,452
| -6% | -$49.4K |
|
2388
Luxfer Holdings
LXFR
$457M
| $881K | ﹤0.01% |
67,500
-45,900
| -40% | -$579K |
|
2389
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.27B
| $880K | ﹤0.01% |
+12,100
| New | +$997K |
|
|
FGH
2390
DELISTED
FG Group Holdings Inc.
FGH
| $880K | ﹤0.01% |
523,830
-22,600
| -4% | -$38.7K |
|
2391
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.74B
| $878K | ﹤0.01% |
6,000
+3,000
| +100% | +$457K |
|
2392
loanDepot
LDI
$511M
| $877K | ﹤0.01% |
510,100
-49,879
| -9% | -$102K |
|
2393
NetSol Technologies
NTWK
$51.9M
| $872K | ﹤0.01% |
481,801
-16,600
| -3% | -$37K |
|
2394
Enviri
NVRI
$630M
| $871K | ﹤0.01% |
120,696
+81,962
| +212% | +$662K |
|
2395
Life Time Group Holdings
LTH
$9.72B
| $870K | ﹤0.01% |
+57,200
| New | +$1.01M |
|
2396
Good Times Restaurants
GTIM
$15M
| $868K | ﹤0.01% |
291,283
-17,585
| -6% | -$52.6K |
|
2397
Sabre
SABR
$886M
| $868K | ﹤0.01% |
+193,400
| New | +$878K |
|
2398
Colony Bankcorp
CBAN
$467M
| $867K | ﹤0.01% |
86,778
+1,900
| +2% | +$19.4K |
|
2399
WisdomTree US LargeCap Dividend Fund
DLN
$6.37B
| $867K | ﹤0.01% |
14,100
+5,100
| +57% | +$325K |
|
|
CARM
2400
DELISTED
Carisma Therapeutics
CARM
| $866K | ﹤0.01% |
204,695
+102,935
| +101% | +$651K |
|
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.