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 | |
|---|---|---|---|---|---|---|
2676
Rimini Street
RMNI
$453M
| $1.64M | ﹤0.01% |
501,771
-1,272
| -0.3% | -$3.5K |
|
2677
Zeta Global
ZETA
$5.46B
| $1.64M | ﹤0.01% |
185,587
-84,340
| -31% | -$708K |
|
2678
Seneca Foods Class A
SENEA
$1.15B
| $1.63M | ﹤0.01% |
31,021
-2,792
| -8% | -$146K |
|
2679
CALL
Fiverr
FVRR
$417M
| $1.63M | ﹤0.01% |
59,700
+49,700
| +497% | +$1.23M |
|
2680
Timken Company
TKR
$9.72B
| $1.62M | ﹤0.01% |
20,256
-39,355
| -66% | -$2.9M |
|
|
MRUS
2681
DELISTED
Merus
MRUS
| $1.62M | ﹤0.01% |
+59,033
| New | +$1.38M |
|
2682
Radian Group
RDN
$5.22B
| $1.62M | ﹤0.01% |
56,826
-136,668
| -71% | -$3.6M |
|
2683
CALL
Spectrum Brands
SPB
$2.08B
| $1.62M | ﹤0.01% |
20,300
| – | – |
|
2684
PUT
CF Industries
CF
$18.9B
| $1.61M | ﹤0.01% |
20,300
-64,700
| -76% | -$5.15M |
|
2685
Perimeter Solutions
PRM
$5.69B
| $1.6M | ﹤0.01% |
348,805
+33,471
| +11% | +$129K |
|
2686
CALL
Triumph Financial Inc
TFIN
$1.84B
| $1.6M | ﹤0.01% |
+20,000
| New | +$1.35M |
|
2687
Warby Parker
WRBY
$3.19B
| $1.6M | ﹤0.01% |
+113,726
| New | +$1.42M |
|
2688
Essent Group
ESNT
$6.21B
| $1.6M | ﹤0.01% |
30,396
-42,891
| -59% | -$2.1M |
|
2689
Floor & Decor
FND
$6.14B
| $1.6M | ﹤0.01% |
14,361
-54,117
| -79% | -$4.98M |
|
2690
NOV
NOV
$7.11B
| $1.6M | ﹤0.01% |
+78,879
| New | +$1.55M |
|
|
PMT
2691
PennyMac Mortgage Investment
PMT
$854M
| $1.6M | ﹤0.01% |
106,947
+92,285
| +629% | +$1.24M |
|
2692
CALL
Henry Schein
HSIC
$9.76B
| $1.6M | ﹤0.01% |
+21,100
| New | +$1.48M |
|
2693
PUT
Jackson Financial
JXN
$8.57B
| $1.6M | ﹤0.01% |
+31,200
| New | +$1.37M |
|
|
PPL
2694
CALL
PPL Corp
PPL
$27.3B
| $1.6M | ﹤0.01% |
58,900
| – | – |
|
2695
CALL
Colgate-Palmolive
CL
$74.2B
| $1.59M | ﹤0.01% |
+20,000
| New | +$1.5M |
|
|
2696
PUT
Colgate-Palmolive
CL
$74.2B
| $1.59M | ﹤0.01% |
20,000
-65,000
| -76% | -$4.89M |
|
|
SCRM
2697
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
| $1.59M | ﹤0.01% |
150,000
-350,000
| -70% | -$3.69M |
|
2698
Onto Innovation
ONTO
$12B
| $1.59M | ﹤0.01% |
10,387
-8,287
| -44% | -$1.11M |
|
2699
Sportsman's Warehouse
SPWH
$45.7M
| $1.58M | ﹤0.01% |
371,220
+253,502
| +215% | +$1.2M |
|
|
AFJKU
2700
Aimei Health Technology Co Unit
AFJKU
$70.3M
| $1.58M | ﹤0.01% |
+155,000
| New | +$1.58M |
|
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.