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 | |
|---|---|---|---|---|---|---|
2701
SFL Corp
SFL
$1.61B
| $1.62M | ﹤0.01% |
170,196
-153,613
| -47% | -$1.52M |
|
2702
CALL
Unum
UNM
$14B
| $1.61M | ﹤0.01% |
40,800
-62,200
| -60% | -$2.57M |
|
2703
CALL
Stanley Black & Decker
SWK
$14.6B
| $1.61M | ﹤0.01% |
20,000
-14,000
| -41% | -$1.18M |
|
2704
Innospec
IOSP
$2.12B
| $1.61M | ﹤0.01% |
15,694
-2,290
| -13% | -$246K |
|
|
2705
Unum
UNM
$14B
| $1.61M | ﹤0.01% |
40,678
+33,936
| +503% | +$1.4M |
|
2706
CALL
Magna International
MGA
$18.8B
| $1.61M | ﹤0.01% |
30,000
-118,400
| -80% | -$6.85M |
|
2707
Patrick Industries
PATK
$2.91B
| $1.61M | ﹤0.01% |
+35,012
| New | +$1.62M |
|
2708
Kopin
KOPN
$654M
| $1.6M | ﹤0.01% |
1,468,418
+43,385
| +3% | +$53K |
|
2709
CALL
3D Systems Corp
DDD
$412M
| $1.6M | ﹤0.01% |
149,300
| – | – |
|
2710
Dorman Products
DORM
$4.28B
| $1.6M | ﹤0.01% |
18,548
-1,348
| -7% | -$120K |
|
2711
Entravision Communication
EVC
$1.01B
| $1.6M | ﹤0.01% |
264,103
-30,178
| -10% | -$187K |
|
2712
Ichor Holdings
ICHR
$2.37B
| $1.59M | ﹤0.01% |
48,547
+24,335
| +101% | +$781K |
|
2713
PUT
Papa John's
PZZA
$1.02B
| $1.59M | ﹤0.01% |
21,200
| – | – |
|
2714
PUT
Citizens Financial Group
CFG
$30.8B
| $1.59M | ﹤0.01% |
52,300
-500
| -0.9% | -$19.6K |
|
2715
Align Technology
ALGN
$12.6B
| $1.59M | ﹤0.01% |
4,749
-186,097
| -98% | -$54.9M |
|
2716
CALL
B&G Foods
BGS
$297M
| $1.58M | ﹤0.01% |
102,000
+50,000
| +96% | +$697K |
|
2717
PUT
Concentrix
CNXC
$1.55B
| $1.58M | ﹤0.01% |
13,000
-3,900
| -23% | -$530K |
|
2718
Owens Corning
OC
$11.5B
| $1.58M | ﹤0.01% |
16,484
-16,636
| -50% | -$1.57M |
|
|
TWCB
2719
DELISTED
Bilander Acquisition Corp. Class A Common Stock
TWCB
| $1.58M | ﹤0.01% |
156,351
| – | – |
|
|
RJET
2720
Republic Airways Holdings
RJET
$863M
| $1.58M | ﹤0.01% |
44,367
-5,271
| -11% | -$221K |
|
2721
Globus Medical
GMED
$10.9B
| $1.57M | ﹤0.01% |
27,761
+17,035
| +159% | +$1.09M |
|
2722
Atlanta Braves Holdings Series A
BATRA
$3.53B
| $1.57M | ﹤0.01% |
45,434
+10,445
| +30% | +$357K |
|
2723
Federated Hermes
FHI
$4.59B
| $1.57M | ﹤0.01% |
39,038
-74,584
| -66% | -$2.93M |
|
2724
Benchmark Electronics
BHE
$2.76B
| $1.57M | ﹤0.01% |
66,113
-10,817
| -14% | -$274K |
|
2725
Vir Biotechnology
VIR
$1.49B
| $1.57M | ﹤0.01% |
67,300
+22,305
| +50% | +$570K |
|
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.