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 | |
|---|---|---|---|---|---|---|
2676
Nelnet
NNI
$4.93B
| $1.7M | ﹤0.01% |
18,542
+6,367
| +52% | +$590K |
|
|
VSXY
2677
Victoria's Secret
VSXY
$6.84B
| $1.7M | ﹤0.01% |
49,872
-77,711
| -61% | -$2.88M |
|
2678
Cimpress
CMPR
$2.39B
| $1.7M | ﹤0.01% |
38,738
-3,753
| -9% | -$128K |
|
2679
Cheesecake Factory
CAKE
$4.87B
| $1.7M | ﹤0.01% |
48,401
+16,838
| +53% | +$626K |
|
2680
PUT
Trip.com Group
TCOM
$29.2B
| $1.7M | ﹤0.01% |
+45,000
| New | +$1.67M |
|
|
FORLU
2681
DELISTED
Four Leaf Acquisition Corp Unit
FORLU
| $1.69M | ﹤0.01% |
+165,000
| New | +$1.69M |
|
2682
CALL
Helmerich & Payne
HP
$3.34B
| $1.69M | ﹤0.01% |
47,300
-40,100
| -46% | -$1.73M |
|
2683
PUT
Upstart Holdings
UPST
$2.55B
| $1.69M | ﹤0.01% |
+106,400
| New | +$1.79M |
|
2684
Avita Medical
RCEL
$136M
| $1.69M | ﹤0.01% |
120,699
+90,987
| +306% | +$968K |
|
2685
Magnachip Semiconductor
MX
$114M
| $1.68M | ﹤0.01% |
181,318
+58,229
| +47% | +$577K |
|
2686
Plains GP Holdings
PAGP
$5.28B
| $1.68M | ﹤0.01% |
127,885
+25,541
| +25% | +$335K |
|
2687
Lamb Weston
LW
$7.52B
| $1.67M | ﹤0.01% |
15,937
-46,030
| -74% | -$4.55M |
|
|
LOGC
2688
DELISTED
ContextLogic
LOGC
| $1.66M | ﹤0.01% |
124,472
-207,241
| -62% | -$3.52M |
|
2689
American Superconductor
AMSC
$1.32B
| $1.66M | ﹤0.01% |
338,070
-126,409
| -27% | -$635K |
|
2690
W.W. Grainger
GWW
$64.5B
| $1.66M | ﹤0.01% |
2,408
-31,216
| -93% | -$19.9M |
|
2691
Essex Property Trust
ESS
$19B
| $1.66M | ﹤0.01% |
7,930
-25,776
| -76% | -$5.69M |
|
|
ENER
2692
DELISTED
Accretion Acquisition Corp
ENER
| $1.66M | ﹤0.01% |
160,525
| – | – |
|
|
KC
2693
Kingsoft Cloud Holdings
KC
$2.99B
| $1.65M | ﹤0.01% |
185,796
+165,234
| +804% | +$810K |
|
2694
BBVA Argentina
BBAR
$3.77B
| $1.65M | ﹤0.01% |
420,667
+104,784
| +33% | +$469K |
|
2695
Hecla Mining
HL
$9.27B
| $1.65M | ﹤0.01% |
260,195
-375,441
| -59% | -$2.15M |
|
|
HTBK
2696
DELISTED
Heritage Commerce
HTBK
| $1.64M | ﹤0.01% |
196,703
+164,679
| +514% | +$1.89M |
|
2697
Southern Copper
SCCO
$136B
| $1.63M | ﹤0.01% |
23,129
+18,324
| +381% | +$1.25M |
|
2698
Sunrun
RUN
$2.26B
| $1.63M | ﹤0.01% |
80,949
-955,108
| -92% | -$22.3M |
|
|
EXK
2699
Endeavour Silver
EXK
$2.19B
| $1.63M | ﹤0.01% |
419,530
-31,468
| -7% | -$104K |
|
2700
CALL
PG&E
PCG
$39.3B
| $1.62M | ﹤0.01% |
+100,000
| New | +$1.58M |
|
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.