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 | |
|---|---|---|---|---|---|---|
|
AMED
2701
DELISTED
Amedisys
AMED
| $1.44M | ﹤0.01% |
15,373
-190,987
| -93% | -$17.6M |
|
|
ARKOW
2702
DELISTED
ARKO Corp Warrant
ARKOW
| $1.44M | ﹤0.01% |
1,341,827
-92,056
| -6% | -$121K |
|
2703
CALL
Federal Agricultural Mortgage
AGM
$2.27B
| $1.43M | ﹤0.01% |
+9,300
| New | +$1.51M |
|
|
NAPA
2704
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $1.43M | ﹤0.01% |
139,809
-80,174
| -36% | -$992K |
|
2705
PUT
Nexstar Media Group
NXST
$5.92B
| $1.43M | ﹤0.01% |
10,000
+4,200
| +72% | +$682K |
|
2706
Perimeter Solutions
PRM
$5.7B
| $1.43M | ﹤0.01% |
315,334
+245,097
| +349% | +$1.37M |
|
2707
Ribbon Communications
RBBN
$352M
| $1.43M | ﹤0.01% |
533,640
-177,484
| -25% | -$518K |
|
2708
Howmet Aerospace
HWM
$114B
| $1.43M | ﹤0.01% |
30,916
+3,113
| +11% | +$152K |
|
2709
PUT
Thor Industries
THO
$4.21B
| $1.43M | ﹤0.01% |
15,000
| – | – |
|
|
SP
2710
DELISTED
SP Plus Corporation
SP
| $1.42M | ﹤0.01% |
39,411
+29,267
| +289% | +$1.13M |
|
2711
CALL
Ryder
R
$10.2B
| $1.42M | ﹤0.01% |
13,300
+4,400
| +49% | +$428K |
|
2712
CALL
Tidewater
TDW
$3.76B
| $1.42M | ﹤0.01% |
20,000
-85,700
| -81% | -$5.41M |
|
|
2713
PUT
Tidewater
TDW
$3.76B
| $1.42M | ﹤0.01% |
20,000
-800
| -4% | -$50.5K |
|
2714
Entegris
ENTG
$18.2B
| $1.42M | ﹤0.01% |
+15,132
| New | +$1.52M |
|
2715
Paymentus
PAY
$4.24B
| $1.42M | ﹤0.01% |
85,403
+27,174
| +47% | +$361K |
|
2716
Marcus Corp
MCS
$762M
| $1.42M | ﹤0.01% |
91,425
-29,326
| -24% | -$451K |
|
2717
PUT
CarMax
KMX
$8.31B
| $1.41M | ﹤0.01% |
19,900
-2,300
| -10% | -$188K |
|
2718
Brinker International
EAT
$8.45B
| $1.41M | ﹤0.01% |
44,494
-198,304
| -82% | -$6.94M |
|
2719
PUT
Tencent Music
TME
$15.5B
| $1.4M | ﹤0.01% |
219,700
-75,000
| -25% | -$500K |
|
2720
PagerDuty
PD
$801M
| $1.4M | ﹤0.01% |
62,074
-62,370
| -50% | -$1.49M |
|
2721
PUT
Match Group
MTCH
$9.2B
| $1.39M | ﹤0.01% |
35,600
-76,200
| -68% | -$3.38M |
|
|
MAPS
2722
DELISTED
WM TECHNOLOGY INC A
MAPS
| $1.39M | ﹤0.01% |
1,055,771
-64,856
| -6% | -$78.1K |
|
2723
Goosehead Insurance
GSHD
$1.6B
| $1.39M | ﹤0.01% |
18,692
-74,972
| -80% | -$5.03M |
|
2724
Materion
MTRN
$4.53B
| $1.39M | ﹤0.01% |
13,638
+1,415
| +12% | +$154K |
|
|
PPL
2725
CALL
PPL Corp
PPL
$27.4B
| $1.39M | ﹤0.01% |
+58,900
| New | +$1.52M |
|
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.