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 | |
|---|---|---|---|---|---|---|
2576
Provident Financial Services
PFS
$3.15B
| $1.69M | ﹤0.01% |
110,510
+52,405
| +90% | +$888K |
|
2577
PUT
Oshkosh
OSK
$9.51B
| $1.69M | ﹤0.01% |
17,700
| – | – |
|
2578
i3 Verticals
IIIV
$420M
| $1.69M | ﹤0.01% |
79,900
+20,163
| +34% | +$467K |
|
2579
QuantumScape Corp
QS
$3.18B
| $1.69M | ﹤0.01% |
252,416
+231,755
| +1,122% | +$1.89M |
|
2580
CALL
Toast
TOST
$18.8B
| $1.69M | ﹤0.01% |
90,000
+36,300
| +68% | +$788K |
|
2581
PUT
Consolidated Edison
ED
$41.3B
| $1.68M | ﹤0.01% |
19,700
-15,900
| -45% | -$1.45M |
|
2582
Essential Properties Realty Trust
EPRT
$6.94B
| $1.68M | ﹤0.01% |
77,667
-134,785
| -63% | -$3.21M |
|
2583
NerdWallet
NRDS
$630M
| $1.68M | ﹤0.01% |
188,641
-215,062
| -53% | -$2.01M |
|
2584
CALL
Meritage Homes
MTH
$4.89B
| $1.68M | ﹤0.01% |
27,400
-20,400
| -43% | -$1.4M |
|
2585
CALL
Repligen
RGEN
$8.2B
| $1.67M | ﹤0.01% |
10,500
+500
| +5% | +$81.7K |
|
2586
CALL
GitLab
GTLB
$5.57B
| $1.67M | ﹤0.01% |
36,900
+24,700
| +202% | +$1.18M |
|
2587
PUT
Duolingo
DUOL
$6.56B
| $1.66M | ﹤0.01% |
+10,000
| New | +$1.47M |
|
2588
Target Hospitality
TH
$1.47B
| $1.66M | ﹤0.01% |
104,320
+41,510
| +66% | +$585K |
|
2589
PUT
International Flavors & Fragrances
IFF
$20.2B
| $1.66M | ﹤0.01% |
24,300
+5,000
| +26% | +$365K |
|
|
BASE
2590
DELISTED
Couchbase
BASE
| $1.66M | ﹤0.01% |
96,485
+27,592
| +40% | +$452K |
|
2591
CALL
Snap
SNAP
$8.02B
| $1.65M | ﹤0.01% |
185,000
-744,900
| -80% | -$7.78M |
|
|
GPMT
2592
Granite Point Mortgage Trust
GPMT
$63.3M
| $1.65M | ﹤0.01% |
337,300
-283,480
| -46% | -$1.52M |
|
2593
PUT
BRC Group Holdings
RILY
$270M
| $1.64M | ﹤0.01% |
40,000
| – | – |
|
2594
CALL
Ares Capital
ARCC
$13.7B
| $1.64M | ﹤0.01% |
84,000
| – | – |
|
2595
CALL
Beyond Meat
BYND
$279M
| $1.64M | ﹤0.01% |
170,000
+60,000
| +55% | +$782K |
|
2596
PUT
Coherent
COHR
$47.6B
| $1.63M | ﹤0.01% |
50,000
-68,200
| -58% | -$2.8M |
|
2597
Hope Bancorp
HOPE
$1.8B
| $1.63M | ﹤0.01% |
184,260
+68,932
| +60% | +$658K |
|
2598
Xeris Biopharma Holdings
XERS
$1.42B
| $1.63M | ﹤0.01% |
875,410
+149,359
| +21% | +$342K |
|
2599
PUT
Eversource Energy
ES
$28.4B
| $1.63M | ﹤0.01% |
+28,000
| New | +$1.87M |
|
|
ARYD
2600
DELISTED
ARYA Sciences Acquisition Corp IV Class A Odinary Shares
ARYD
| $1.63M | ﹤0.01% |
149,910
| – | – |
|
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.