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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.76% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
First Advantage
FA
$3.58B
| $2.05M | ﹤0.01% |
123,841
+54,572
| +79% | +$798K |
|
2502
CALL
Planet Fitness
PLNT
$4.43B
| $2.05M | ﹤0.01% |
28,100
| – | – |
|
2503
PUT
Valaris
VAL
$5.16B
| $2.05M | ﹤0.01% |
+29,900
| New | +$2.05M |
|
2504
Replimune Group
REPL
$449M
| $2.05M | ﹤0.01% |
243,006
+162,303
| +201% | +$1.88M |
|
2505
Xperi
XPER
$368M
| $2.04M | ﹤0.01% |
185,533
+101,495
| +121% | +$979K |
|
2506
Porch Group
PRCH
$1.38B
| $2.04M | ﹤0.01% |
663,462
+645,108
| +3,515% | +$907K |
|
2507
PUT
Papa John's
PZZA
$1.02B
| $2.04M | ﹤0.01% |
26,800
-50,000
| -65% | -$3.4M |
|
2508
Aclaris Therapeutics
ACRS
$744M
| $2.04M | ﹤0.01% |
1,939,010
+1,873,000
| +2,837% | +$5.71M |
|
2509
SITE Centers
SITC
$235M
| $2.04M | ﹤0.01% |
191,446
-12,292
| -6% | -$123K |
|
|
EMBJ
2510
CALL
Embraer S.A. ADS
EMBJ
$12.3B
| $2.03M | ﹤0.01% |
+110,000
| New | +$1.76M |
|
|
ANSCU
2511
Agriculture & Natural Solutions Acquisition Corp Unit
ANSCU
| $2.03M | ﹤0.01% |
+200,000
| New | +$2.02M |
|
2512
Century Communities
CCS
$2.03B
| $2.03M | ﹤0.01% |
22,260
-38,406
| -63% | -$2.74M |
|
2513
CALL
monday.com
MNDY
$3.68B
| $2.03M | ﹤0.01% |
10,800
+1,400
| +15% | +$225K |
|
2514
CALL
Duke Energy
DUK
$101B
| $2.02M | ﹤0.01% |
20,800
-19,300
| -48% | -$1.76M |
|
|
GPMT
2515
Granite Point Mortgage Trust
GPMT
$63.3M
| $2.02M | ﹤0.01% |
339,256
+1,956
| +0.6% | +$9.85K |
|
2516
CALL
Emerson Electric
EMR
$85B
| $2.01M | ﹤0.01% |
+20,700
| New | +$1.9M |
|
|
ALSA
2517
DELISTED
Alpha Star Acquisition Corp
ALSA
| $2.01M | ﹤0.01% |
180,000
| – | – |
|
2518
CALL
AES
AES
$10.6B
| $2.01M | ﹤0.01% |
+104,500
| New | +$1.7M |
|
2519
PUT
Magna International
MGA
$18.8B
| $2.01M | ﹤0.01% |
34,000
-137,000
| -80% | -$7.39M |
|
2520
Empire State Realty Trust
ESRT
$976M
| $2.01M | ﹤0.01% |
206,925
-184,233
| -47% | -$1.6M |
|
2521
Fortrea Holdings
FTRE
$1.96B
| $2M | ﹤0.01% |
57,408
+41,213
| +254% | +$1.26M |
|
2522
Match Group
MTCH
$9.16B
| $2M | ﹤0.01% |
54,668
-407,327
| -88% | -$13.8M |
|
2523
Weis Markets
WMK
$1.9B
| $1.99M | ﹤0.01% |
+31,131
| New | +$1.98M |
|
2524
British American Tobacco
BTI
$134B
| $1.99M | ﹤0.01% |
67,887
-302,292
| -82% | -$9.2M |
|
2525
PUT
ArcelorMittal
MT
$50.7B
| $1.99M | ﹤0.01% |
70,000
| – | – |
|
Similar funds
D.E. Shaw & Co's Q4 2023 Portfolio in Review
As of Q4 2023, D.E. Shaw & Co held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- D.E. Shaw & Co added most to Netflix in Q4 2023, an estimated $751M increase.
- D.E. Shaw & Co's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- D.E. Shaw & Co fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- D.E. Shaw & Co opened 575 new positions and closed 527 in Q4 2023.
- D.E. Shaw & Co's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.