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 | |
|---|---|---|---|---|---|---|
2501
Capri Holdings
CPRI
$1.88B
| $1.86M | ﹤0.01% |
35,442
-5,558
| -14% | -$252K |
|
2502
Zurn Elkay Water Solutions
ZWS
$8.23B
| $1.86M | ﹤0.01% |
+66,446
| New | +$1.9M |
|
2503
Oric Pharmaceuticals
ORIC
$1.23B
| $1.86M | ﹤0.01% |
307,479
-145,770
| -32% | -$1.19M |
|
2504
Ferguson
FERG
$45B
| $1.86M | ﹤0.01% |
+11,302
| New | +$1.78M |
|
2505
CALL
MarketAxess Holdings
MKTX
$4.34B
| $1.86M | ﹤0.01% |
8,700
| – | – |
|
2506
AudioCodes
AUDC
$249M
| $1.86M | ﹤0.01% |
183,776
-13,319
| -7% | -$138K |
|
2507
Harmony Gold Mining
HMY
$9.7B
| $1.86M | ﹤0.01% |
493,949
-293,224
| -37% | -$1.21M |
|
2508
Hyliion Holdings
HYLN
$631M
| $1.86M | ﹤0.01% |
1,573,743
-93,096
| -6% | -$139K |
|
2509
PUT
Tower Semiconductor
TSEM
$22.9B
| $1.85M | ﹤0.01% |
+75,500
| New | +$2.42M |
|
2510
Cushman & Wakefield Ltd
CWK
$3.2B
| $1.85M | ﹤0.01% |
+242,246
| New | +$2.19M |
|
2511
Dolby
DLB
$4.97B
| $1.84M | ﹤0.01% |
23,277
+13,530
| +139% | +$1.13M |
|
|
ZUO
2512
DELISTED
Zuora, Inc.
ZUO
| $1.84M | ﹤0.01% |
223,782
-362,778
| -62% | -$3.58M |
|
2513
Perion Network
PERI
$378M
| $1.84M | ﹤0.01% |
60,196
-101,423
| -63% | -$3.4M |
|
2514
CALL
Regal Rexnord
RRX
$13.5B
| $1.84M | ﹤0.01% |
12,900
| – | – |
|
|
KAMN
2515
DELISTED
Kaman Corp
KAMN
| $1.84M | ﹤0.01% |
93,752
+28,538
| +44% | +$636K |
|
2516
OGE Energy
OGE
$10.2B
| $1.84M | ﹤0.01% |
+55,230
| New | +$1.93M |
|
2517
Clearwater Paper
CLW
$282M
| $1.84M | ﹤0.01% |
50,741
+18,329
| +57% | +$636K |
|
|
FL
2518
CALL
DELISTED
Foot Locker
FL
| $1.84M | ﹤0.01% |
105,900
+5,900
| +6% | +$132K |
|
2519
Ocular Therapeutix
OCUL
$1.85B
| $1.84M | ﹤0.01% |
584,880
-71,225
| -11% | -$291K |
|
2520
Identive
INVE
$64.1M
| $1.84M | ﹤0.01% |
217,481
+4,175
| +2% | +$34.7K |
|
|
BERY
2521
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $1.83M | ﹤0.01% |
32,234
| – | – |
|
2522
WaFd
WAFD
$2.71B
| $1.83M | ﹤0.01% |
+71,507
| New | +$2M |
|
2523
PUT
Manulife Financial
MFC
$74.2B
| $1.83M | ﹤0.01% |
+100,000
| New | +$1.89M |
|
2524
Seneca Foods Class A
SENEA
$1.15B
| $1.82M | ﹤0.01% |
33,813
+10,995
| +48% | +$492K |
|
2525
PUT
EPAM Systems
EPAM
$5.25B
| $1.82M | ﹤0.01% |
7,100
+6,000
| +545% | +$1.48M |
|
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.