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 |
Microsoft
MSFT
|
+$533M |
| 2 |
Apple
AAPL
|
+$347M |
| 3 |
Micron Technology
MU
|
+$272M |
| 4 |
Eli Lilly
LLY
|
+$232M |
| 5 |
Super Micro Computer
SMCI
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$472M |
| 2 |
NVIDIA
NVDA
|
+$413M |
| 3 |
Tesla
TSLA
|
+$403M |
| 4 |
Coinbase
COIN
|
+$236M |
| 5 |
Johnson & Johnson
JNJ
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.64% |
| 2 | Healthcare | 16.8% |
| 3 | Consumer Discretionary | 13.04% |
| 4 | Industrials | 9.65% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Palantir
PLTR
$405B
| $1.43B | 2.15% |
38,419,240
-1,096,069
| -3% | -$33.6M |
2021 Q2
13 quarters
|
|
2
Novo Nordisk
NVO
$184B
| $975M | 1.47% |
8,189,315
-976,059
| -11% | -$130M |
2013 Q2
45 quarters
|
|
3
United Therapeutics
UTHR
$25.2B
| $772M | 1.16% |
2,155,392
-19,300
| -0.9% | -$6.52M |
2013 Q2
45 quarters
|
|
|
4
Apple
AAPL
$5.18T
| $763M | 1.15% |
3,276,203
+1,554,759
| +90% | +$347M |
2020 Q3
16 quarters
|
|
5
Vertex Pharmaceuticals
VRTX
$137B
| $759M | 1.14% |
1,631,493
+65,105
| +4% | +$31.3M |
2017 Q1
30 quarters
|
|
|
6
Microsoft
MSFT
$3.89T
| $676M | 1.02% |
1,571,271
+1,246,346
| +384% | +$533M |
2024 Q2
1 quarter
|
|
7
VeriSign
VRSN
$28.1B
| $603M | 0.91% |
3,175,990
+148,294
| +5% | +$26.7M |
2013 Q2
45 quarters
|
|
8
Sprouts Farmers Market
SFM
$4.8B
| $490M | 0.74% |
4,440,644
+2,500
| +0.1% | +$238K |
2016 Q2
33 quarters
|
|
9
Airbnb
ABNB
$110B
| $459M | 0.69% |
3,616,495
+215,090
| +6% | +$27.9M |
2021 Q2
13 quarters
|
|
|
10
NVIDIA
NVDA
$3.93T
| $428M | 0.64% |
3,528,071
-3,493,719
| -50% | -$413M |
2023 Q1
6 quarters
|
|
11
Exelixis
EXEL
$16.8B
| $399M | 0.6% |
15,359,916
+196,850
| +1% | +$4.89M |
2016 Q3
32 quarters
|
|
12
Franco-Nevada
FNV
$47.7B
| $390M | 0.59% |
3,138,549
+64,600
| +2% | +$8M |
2014 Q1
42 quarters
|
|
13
Cboe Global Markets
CBOE
$39.2B
| $385M | 0.58% |
1,879,724
+5,000
| +0.3% | +$982K |
2013 Q2
45 quarters
|
|
14
Fortinet
FTNT
$93.5B
| $383M | 0.58% |
4,943,162
-83,232
| -2% | -$5.69M |
2015 Q3
36 quarters
|
|
15
Meta Platforms (Facebook)
META
$1.64T
| $371M | 0.56% |
647,424
-398,709
| -38% | -$205M |
2021 Q3
12 quarters
|
|
16
Gilead Sciences
GILD
$208B
| $351M | 0.53% |
4,188,524
-869,074
| -17% | -$66.3M |
2014 Q4
39 quarters
|
|
17
Allison Transmission
ALSN
$10.4B
| $329M | 0.49% |
3,423,419
-99,100
| -3% | -$8.5M |
2013 Q3
44 quarters
|
|
18
monday.com
MNDY
$3.3B
| $316M | 0.48% |
1,138,290
+15,600
| +1% | +$3.86M |
2021 Q4
11 quarters
|
|
19
DoorDash
DASH
$74.8B
| $312M | 0.47% |
2,186,688
-601,155
| -22% | -$72.9M |
2021 Q2
13 quarters
|
|
20
CME Group
CME
$114B
| $310M | 0.47% |
1,403,089
+784,500
| +127% | +$162M |
2021 Q3
12 quarters
|
|
21
Corcept Therapeutics
CORT
$7.88B
| $301M | 0.45% |
6,509,002
-403,569
| -6% | -$14.3M |
2015 Q1
38 quarters
|
|
22
Netflix
NFLX
$255B
| $298M | 0.45% |
4,202,090
+1,485,090
| +55% | +$99.3M |
2024 Q2
1 quarter
|
|
23
Incyte
INCY
$24.7B
| $297M | 0.45% |
4,499,540
-718,797
| -14% | -$45.8M |
2017 Q4
27 quarters
|
|
24
Neurocrine Biosciences
NBIX
$16.9B
| $297M | 0.45% |
2,574,546
+106,400
| +4% | +$14.6M |
2018 Q4
23 quarters
|
|
25
Wingstop
WING
$4.3B
| $291M | 0.44% |
699,146
+96,156
| +16% | +$37.4M |
2023 Q1
6 quarters
|
|
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Renaissance Technologies's Q3 2024 Portfolio in Review
As of Q3 2024, Renaissance Technologies held 4,024 positions worth $66.5B, up 13% from $59B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.2B of net new capital in Q3 2024, opening 578 new positions and adding to 1,558 existing holdings. Its largest new stake was Micron Technology: 2,604,914 shares worth $270M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $413M trimmed.
- Renaissance Technologies's largest Q3 2024 buy was Micron Technology: 2,604,914 shares worth $270M.
- Renaissance Technologies added most to Microsoft in Q3 2024, an estimated $533M increase.
- Renaissance Technologies's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $413M.
- Renaissance Technologies fully exited Broadcom in Q3 2024, selling an estimated $472M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.5B portfolio in Q3 2024.
- Renaissance Technologies opened 578 new positions and closed 537 in Q3 2024.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $66.5B.
Based on Renaissance Technologies's 13F filing for Q3 2024, filed 13 Nov 2024.