Renaissance Technologies Portfolio holdings
Renaissance Technologies is a hedge fund firm that trades with computer models built on mathematics and statistics. It began in 1978 as Monemetrics, founded by Jim Simons, a mathematician and former Cold War codebreaker, and took its current name in 1982. The firm launched its Medallion Fund in 1988 and staffs its research with mathematicians, statisticians, physicists, astronomers and computer scientists. Medallion trades over short time spans across many asset types, and it has been closed to outside investors since 1993, open only to current and past employees and their families.
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 | 19.46% |
| 2 | Technology | 18.57% |
| 3 | Consumer Staples | 10.15% |
| 4 | Consumer Discretionary | 9.71% |
| 5 | Financials | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Novo Nordisk
NVO
$181B
| $1.53B | 2.16% |
30,617,742
-4,441,600
| -13% | -$238M |
2013 Q2
37 quarters
|
|
2
Microsoft
MSFT
$3.87T
| $891M | 1.26% |
3,824,284
+4,151
| +0.1% | +$1.1M |
2022 Q2
1 quarter
|
|
3
Airbnb
ABNB
$106B
| $765M | 1.08% |
7,279,027
+1,674,460
| +30% | +$186M |
2021 Q2
5 quarters
|
|
4
Hershey
HSY
$35.5B
| $670M | 0.95% |
3,040,667
-630,700
| -17% | -$141M |
2013 Q2
37 quarters
|
|
|
5
Advanced Micro Devices
AMD
$907B
| $638M | 0.9% |
10,069,857
+4,749,697
| +89% | +$404M |
2022 Q1
2 quarters
|
|
6
Vertex Pharmaceuticals
VRTX
$139B
| $619M | 0.88% |
2,138,885
+377,717
| +21% | +$109M |
2017 Q1
22 quarters
|
|
7
Gilead Sciences
GILD
$211B
| $618M | 0.87% |
10,022,568
-3,387,048
| -25% | -$214M |
2014 Q4
31 quarters
|
|
8
VeriSign
VRSN
$28.2B
| $607M | 0.86% |
3,492,890
-464,000
| -12% | -$85.8M |
2013 Q2
37 quarters
|
|
9
Zoom
ZM
$28.6B
| $574M | 0.81% |
7,800,404
+1,371,400
| +21% | +$131M |
2020 Q1
10 quarters
|
|
10
Kroger
KR
$41B
| $566M | 0.8% |
12,925,710
-3,820,300
| -23% | -$181M |
2019 Q2
13 quarters
|
|
11
United Therapeutics
UTHR
$25.4B
| $534M | 0.76% |
2,550,214
-243,377
| -9% | -$54.4M |
2013 Q2
37 quarters
|
|
12
Franco-Nevada
FNV
$48B
| $502M | 0.71% |
4,200,703
-109,400
| -3% | -$13.8M |
2014 Q1
34 quarters
|
|
|
13
Alphabet (Google) Class A
GOOGL
$3.61T
| $498M | 0.7% |
+5,208,460
| New | +$578M |
2022 Q3
0 quarters
|
|
14
Molina Healthcare
MOH
$10.9B
| $483M | 0.68% |
1,463,415
-256,300
| -15% | -$82.5M |
2013 Q2
37 quarters
|
|
15
Atlassian
TEAM
$38.6B
| $466M | 0.66% |
2,211,620
-232,000
| -9% | -$54.2M |
2016 Q2
25 quarters
|
|
16
Home Depot
HD
$350B
| $441M | 0.62% |
1,598,400
-152,500
| -9% | -$45M |
2022 Q1
2 quarters
|
|
17
Merck
MRK
$363B
| $393M | 0.56% |
4,563,234
-2,200,700
| -33% | -$196M |
2019 Q2
13 quarters
|
|
18
ExxonMobil
XOM
$680B
| $392M | 0.56% |
4,494,854
-2,661,932
| -37% | -$243M |
2021 Q1
6 quarters
|
|
19
Coca-Cola
KO
$420B
| $383M | 0.54% |
6,834,434
+3,998,128
| +141% | +$248M |
2021 Q1
6 quarters
|
|
20
Roblox
RBLX
$37.7B
| $381M | 0.54% |
10,621,682
-958,900
| -8% | -$39.7M |
2021 Q2
5 quarters
|
|
|
21
Micron Technology
MU
$918B
| $374M | 0.53% |
+7,467,336
| New | +$433M |
2022 Q3
0 quarters
|
|
|
22
Amazon
AMZN
$2.88T
| $356M | 0.5% |
+3,150,700
| New | +$398M |
2022 Q3
0 quarters
|
|
23
Monster Beverage
MNST
$88.9B
| $353M | 0.5% |
16,253,840
-6,366,400
| -28% | -$147M |
2014 Q1
34 quarters
|
|
24
Costco
COST
$482B
| $342M | 0.48% |
723,591
+452,691
| +167% | +$235M |
2021 Q1
6 quarters
|
|
25
JPMorgan Chase
JPM
$912B
| $335M | 0.47% |
3,201,486
-730,357
| -19% | -$83.8M |
2021 Q2
5 quarters
|
|
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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 638 positions and reducing 2,162 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 440 new positions and closed 638 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.