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 |
Amazon
AMZN
|
+$516M |
| 2 |
Estee Lauder
EL
|
+$487M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
Nike
NKE
|
+$252M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$584M |
| 2 |
Tesla
TSLA
|
+$483M |
| 3 |
NVIDIA
NVDA
|
+$444M |
| 4 |
Eli Lilly
LLY
|
+$345M |
| 5 |
T-Mobile US
TMUS
|
+$296M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.67% |
| 2 | Consumer Discretionary | 9.3% |
| 3 | Healthcare | 7.82% |
| 4 | Financials | 5.66% |
| 5 | Industrials | 4.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
American Outdoor Brands
AOUT
$159M
| $1.92M | ﹤0.01% |
196,037
-40,277
| -17% | -$375K |
|
2477
CALL
BCE
BCE
$20.3B
| $1.91M | ﹤0.01% |
50,000
| – | – |
|
2478
AAR Corp
AIR
$5.62B
| $1.9M | ﹤0.01% |
31,969
-1,247
| -4% | -$74.2K |
|
2479
Altimmune
ALT
$581M
| $1.9M | ﹤0.01% |
730,732
+226,494
| +45% | +$650K |
|
2480
Reynolds Consumer Products
REYN
$5.44B
| $1.9M | ﹤0.01% |
73,967
+38,505
| +109% | +$1.05M |
|
2481
Kura Oncology
KURA
$826M
| $1.89M | ﹤0.01% |
207,100
-5,043
| -2% | -$51.2K |
|
2482
Modine Manufacturing
MOD
$11B
| $1.89M | ﹤0.01% |
41,264
-99,409
| -71% | -$4.17M |
|
2483
PUT
Academy Sports + Outdoors
ASO
$3.13B
| $1.89M | ﹤0.01% |
39,900
| – | – |
|
|
NBIS
2484
Nebius Group N.V.
NBIS
$43.1B
| $1.88M | ﹤0.01% |
189,102
| – | – |
|
2485
PUT
Ashland
ASH
$3.11B
| $1.88M | ﹤0.01% |
+23,000
| New | +$1.99M |
|
2486
Nordic American Tanker
NAT
$1.35B
| $1.88M | ﹤0.01% |
455,832
-348,806
| -43% | -$1.39M |
|
2487
Sibanye-Stillwater
SBSW
$5.93B
| $1.88M | ﹤0.01% |
304,260
+194,996
| +178% | +$1.28M |
|
2488
Noodles & Co
NDLS
$88.2M
| $1.88M | ﹤0.01% |
95,357
+16,888
| +22% | +$407K |
|
2489
BWX Technologies
BWXT
$15.5B
| $1.87M | ﹤0.01% |
24,998
-92,167
| -79% | -$6.66M |
|
2490
Doximity
DOCS
$3.85B
| $1.87M | ﹤0.01% |
88,303
+7,492
| +9% | +$204K |
|
2491
PUT
Cloudflare
NET
$93.7B
| $1.87M | ﹤0.01% |
29,700
-14,400
| -33% | -$922K |
|
2492
Molina Healthcare
MOH
$10.5B
| $1.87M | ﹤0.01% |
5,709
-5,856
| -51% | -$1.84M |
|
2493
Credit Acceptance
CACC
$5.84B
| $1.87M | ﹤0.01% |
4,067
-133
| -3% | -$67.3K |
|
2494
Babcock & Wilcox
BW
$1.31B
| $1.87M | ﹤0.01% |
444,138
+248,521
| +127% | +$1.3M |
|
2495
Public Service Enterprise Group
PEG
$39.3B
| $1.87M | ﹤0.01% |
32,854
-13,421
| -29% | -$825K |
|
|
CCRN
2496
DELISTED
Cross Country Healthcare
CCRN
| $1.87M | ﹤0.01% |
75,373
+62,473
| +484% | +$1.57M |
|
2497
PUT
ZTO Express
ZTO
$18.2B
| $1.87M | ﹤0.01% |
+77,300
| New | +$1.97M |
|
2498
Douglas Emmett
DEI
$2.01B
| $1.87M | ﹤0.01% |
+146,375
| New | +$1.98M |
|
2499
Macerich
MAC
$7.52B
| $1.87M | ﹤0.01% |
171,086
-144,683
| -46% | -$1.73M |
|
2500
PUT
DuPont de Nemours
DD
$19B
| $1.86M | ﹤0.01% |
19,917
-8,604
| -30% | -$808K |
|
Similar funds
D.E. Shaw & Co's Q3 2023 Portfolio in Review
As of Q3 2023, D.E. Shaw & Co held 4,689 positions worth $95.8B, down 2.2% from $97.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $2.99B in Q3 2023, closing 473 positions and reducing 1,535 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in NiSource Inc. Series A Corporate Units worth $52.6M.
- D.E. Shaw & Co's largest Q3 2023 buy was NiSource Inc. Series A Corporate Units: 540,000 shares worth $52.6M.
- D.E. Shaw & Co added most to Amazon in Q3 2023, an estimated $516M increase.
- D.E. Shaw & Co's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $584M.
- D.E. Shaw & Co fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $174M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $95.8B portfolio in Q3 2023.
- D.E. Shaw & Co opened 482 new positions and closed 473 in Q3 2023.
- D.E. Shaw & Co's portfolio value fell 2.2% quarter-over-quarter to $95.8B.
Based on D.E. Shaw & Co's 13F filing for Q3 2023, filed 14 Nov 2023.