D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SCHW
Charles Schwab
SCHW
|
+$602M |
| 2 |
Booking.com
BKNG
|
+$582M |
| 3 |
Walmart Inc
WMT
|
+$407M |
| 4 |
Visa
V
|
+$395M |
| 5 |
Johnson & Johnson
JNJ
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$483M |
| 2 |
Salesforce
CRM
|
+$380M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$364M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$336M |
| 5 |
Colgate-Palmolive
CL
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.47% |
| 2 | Consumer Discretionary | 9.17% |
| 3 | Healthcare | 8.57% |
| 4 | Financials | 7.92% |
| 5 | Industrials | 4.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
HP
HPQ
$26B
| $2.26M | ﹤0.01% |
76,926
-544,187
| -88% | -$15.6M |
|
2477
CarMax
KMX
$8.39B
| $2.26M | ﹤0.01% |
35,110
+23,610
| +205% | +$1.58M |
|
2478
CVB Financial
CVBF
$4.02B
| $2.26M | ﹤0.01% |
+135,302
| New | +$3.08M |
|
|
NOVA
2479
DELISTED
Sunnova Energy
NOVA
| $2.25M | ﹤0.01% |
144,202
-160,760
| -53% | -$2.81M |
|
2480
Halliburton
HAL
$26.1B
| $2.25M | ﹤0.01% |
71,188
-838,138
| -92% | -$31M |
|
|
MPT
2481
CALL
Medical Properties Trust
MPT
$2.84B
| $2.25M | ﹤0.01% |
+273,900
| New | +$3.02M |
|
|
SRDX
2482
DELISTED
Surmodics
SRDX
| $2.25M | ﹤0.01% |
98,710
+80,281
| +436% | +$2.07M |
|
2483
PUT
Orion
OEC
$403M
| $2.24M | ﹤0.01% |
+86,000
| New | +$1.94M |
|
2484
CALL
BCE
BCE
$20.8B
| $2.24M | ﹤0.01% |
50,000
-240,000
| -83% | -$10.8M |
|
2485
Burford Capital
BUR
$914M
| $2.24M | ﹤0.01% |
202,403
+91,838
| +83% | +$762K |
|
2486
CALL
Constellation Brands
STZ
$22.5B
| $2.24M | ﹤0.01% |
9,900
-63,400
| -86% | -$14.1M |
|
2487
IMAX
IMAX
$2.67B
| $2.23M | ﹤0.01% |
116,052
+10,459
| +10% | +$180K |
|
2488
PUT
Phillips 66
PSX
$82.9B
| $2.22M | ﹤0.01% |
21,900
-23,800
| -52% | -$2.42M |
|
2489
UNIFI
UFI
$114M
| $2.21M | ﹤0.01% |
270,876
-12,460
| -4% | -$111K |
|
2490
CALL
Target Hospitality
TH
$1.43B
| $2.21M | ﹤0.01% |
168,400
-30,000
| -15% | -$480K |
|
2491
CS Disco
LAW
$271M
| $2.21M | ﹤0.01% |
332,266
+35,930
| +12% | +$256K |
|
2492
Chemed
CHE
$7.16B
| $2.19M | ﹤0.01% |
4,080
+100
| +3% | +$51K |
|
2493
Cactus
WHD
$3.63B
| $2.19M | ﹤0.01% |
53,115
+30,632
| +136% | +$1.48M |
|
2494
Banc of California
BANC
$2.87B
| $2.19M | ﹤0.01% |
174,397
+34,328
| +25% | +$555K |
|
2495
PUT
Newell Brands
NWL
$2.21B
| $2.18M | ﹤0.01% |
175,000
+164,500
| +1,567% | +$2.32M |
|
2496
Evergy
EVRG
$19.4B
| $2.17M | ﹤0.01% |
35,578
-127,929
| -78% | -$7.78M |
|
2497
CryoPort
CYRX
$753M
| $2.17M | ﹤0.01% |
90,464
+11,841
| +15% | +$257K |
|
2498
WPP
WPP
$4.67B
| $2.17M | ﹤0.01% |
36,469
+20,920
| +135% | +$1.22M |
|
2499
PUT
Teva Pharmaceuticals
TEVA
$40.4B
| $2.17M | ﹤0.01% |
245,000
-955,000
| -80% | -$9.44M |
|
2500
Southern Company
SO
$108B
| $2.16M | ﹤0.01% |
30,991
-32,773
| -51% | -$2.21M |
|
Similar funds
D.E. Shaw & Co's Q1 2023 Portfolio in Review
As of Q1 2023, D.E. Shaw & Co held 5,246 positions worth $93.4B, up 3.2% from $90.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $9.17B in Q1 2023, closing 861 positions and reducing 1,787 holdings. Its most notable exit was SVB Financial Group, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in State Street Utilities Select Sector SPDR ETF worth $99.9M.
- D.E. Shaw & Co's largest Q1 2023 buy was State Street Utilities Select Sector SPDR ETF: 2,950,552 shares worth $99.9M.
- D.E. Shaw & Co added most to Charles Schwab in Q1 2023, an estimated $602M increase.
- D.E. Shaw & Co's biggest Q1 2023 reduction was Microsoft, cutting an estimated $483M.
- D.E. Shaw & Co fully exited SVB Financial Group in Q1 2023, selling an estimated $163M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $93.4B portfolio in Q1 2023.
- D.E. Shaw & Co opened 431 new positions and closed 861 in Q1 2023.
- D.E. Shaw & Co's portfolio value rose 3.2% quarter-over-quarter to $93.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2023, filed 15 May 2023.