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 | |
|---|---|---|---|---|---|---|
2401
Edgewise Therapeutics
EWTX
$4.78B
| $865K | ﹤0.01% |
151,000
+43,500
| +40% | +$296K |
|
2402
Claros Mortgage Trust
CMTG
$247M
| $863K | ﹤0.01% |
77,900
-41,700
| -35% | -$475K |
|
2403
Schwab U.S Small- Cap ETF
SCHA
$22.8B
| $862K | ﹤0.01% |
41,600
+30,600
| +278% | +$671K |
|
2404
Altimmune
ALT
$585M
| $860K | ﹤0.01% |
330,900
-327,800
| -50% | -$940K |
|
2405
FRP Holdings
FRPH
$407M
| $858K | ﹤0.01% |
31,800
+11,800
| +59% | +$333K |
|
2406
Rekor Systems
REKR
$89M
| $858K | ﹤0.01% |
304,168
+65,797
| +28% | +$201K |
|
|
GOL
2407
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $858K | ﹤0.01% |
313,100
+125,700
| +67% | +$444K |
|
|
CWBC
2408
Community West Bancshares
CWBC
$689M
| $856K | ﹤0.01% |
60,656
-3,800
| -6% | -$58.3K |
|
2409
Lightwave Logic
LWLG
$1.17B
| $856K | ﹤0.01% |
+191,500
| New | +$1.22M |
|
2410
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.33B
| $855K | ﹤0.01% |
24,500
-27,200
| -53% | -$955K |
|
|
VNET
2411
VNET Group
VNET
$2B
| $854K | ﹤0.01% |
+272,833
| New | +$820K |
|
|
SII
2412
Sprott
SII
$2.89B
| $853K | ﹤0.01% |
+28,000
| New | +$920K |
|
2413
Immunic
IMUX
$198M
| $849K | ﹤0.01% |
57,740
+42,250
| +273% | +$812K |
|
2414
Pacer Trendpilot US Large Cap ETF
PTLC
$3.35B
| $847K | ﹤0.01% |
+21,200
| New | +$879K |
|
|
TIGR
2415
UP Fintech Holding
TIGR
$847M
| $843K | ﹤0.01% |
164,576
+79,176
| +93% | +$320K |
|
|
DALN
2416
DELISTED
DallasNews
DALN
| $842K | ﹤0.01% |
183,051
+800
| +0.4% | +$3.49K |
|
2417
iShares National Muni Bond ETF
MUB
$45.3B
| $841K | ﹤0.01% |
8,200
-78,700
| -91% | -$8.3M |
|
2418
Eagle Bancorp Montana
EBMT
$191M
| $840K | ﹤0.01% |
70,610
+200
| +0.3% | +$2.57K |
|
2419
NEOS S&P 500 High Income ETF
SPYI
$11.2B
| $840K | ﹤0.01% |
+17,900
| New | +$880K |
|
2420
Gray Television
GTN
$440M
| $838K | ﹤0.01% |
121,150
-407,507
| -77% | -$3.36M |
|
2421
American States Water
AWR
$3.4B
| $834K | ﹤0.01% |
10,600
-46,500
| -81% | -$3.96M |
|
2422
Vanguard FTSE Emerging Markets ETF
VWO
$123B
| $831K | ﹤0.01% |
+21,200
| New | +$865K |
|
|
SCWX
2423
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $831K | ﹤0.01% |
133,740
-23,400
| -15% | -$158K |
|
|
KG
2424
Kestrel Group
KG
$69.7M
| $829K | ﹤0.01% |
23,561
-405
| -2% | -$15K |
|
2425
LGL Group
LGL
$48.1M
| $825K | ﹤0.01% |
192,234
-3,600
| -2% | -$17.1K |
|
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.