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 | |
|---|---|---|---|---|---|---|
2701
Knight Transportation
KNX
$11.4B
| $1.58M | ﹤0.01% |
27,376
-216,018
| -89% | -$11.3M |
|
2702
CALL
HF Sinclair
DINO
$16.1B
| $1.58M | ﹤0.01% |
28,400
| – | – |
|
2703
PUT
Gold Fields
GFI
$29.2B
| $1.58M | ﹤0.01% |
109,100
| – | – |
|
2704
Green Plains
GPRE
$1.15B
| $1.57M | ﹤0.01% |
62,300
-144,855
| -70% | -$3.83M |
|
2705
PUT
Restaurant Brands International
QSR
$26B
| $1.56M | ﹤0.01% |
+20,000
| New | +$1.39M |
|
2706
Williams Companies
WMB
$85.8B
| $1.56M | ﹤0.01% |
44,703
+3,913
| +10% | +$137K |
|
2707
Occidental Petroleum Corp Warrants
OXY.WS
$30.1B
| $1.55M | ﹤0.01% |
39,904
| – | – |
|
2708
Trinity Industries
TRN
$3.03B
| $1.55M | ﹤0.01% |
+58,296
| New | +$1.4M |
|
2709
Tigo Energy
TYGO
$121M
| $1.55M | ﹤0.01% |
741,094
| – | – |
|
|
MRSN
2710
DELISTED
Mersana Therapeutics
MRSN
| $1.55M | ﹤0.01% |
26,695
+23,984
| +885% | +$965K |
|
2711
CALL
Badger Meter
BMI
$3.9B
| $1.54M | ﹤0.01% |
10,000
| – | – |
|
2712
Zurn Elkay Water Solutions
ZWS
$8.23B
| $1.54M | ﹤0.01% |
52,397
-14,049
| -21% | -$398K |
|
2713
PUT
Amkor Technology
AMKR
$11.3B
| $1.54M | ﹤0.01% |
46,200
| – | – |
|
2714
MasterCraft Boat Holdings
MCFT
$607M
| $1.53M | ﹤0.01% |
67,744
+17,485
| +35% | +$376K |
|
2715
Camtek
CAMT
$6.53B
| $1.53M | ﹤0.01% |
22,102
+1,561
| +8% | +$95K |
|
2716
W&T Offshore
WTI
$473M
| $1.53M | ﹤0.01% |
470,114
-333,538
| -42% | -$1.23M |
|
2717
OmniAb
OABI
$286M
| $1.53M | ﹤0.01% |
248,112
+42,325
| +21% | +$208K |
|
2718
Autohome
ATHM
$2.65B
| $1.53M | ﹤0.01% |
54,363
-162,040
| -75% | -$4.46M |
|
2719
Evertec
EVTC
$1.94B
| $1.52M | ﹤0.01% |
37,238
-5,461
| -13% | -$201K |
|
2720
Cal-Maine
CALM
$4.42B
| $1.52M | ﹤0.01% |
26,488
+12,988
| +96% | +$642K |
|
2721
CALL
Ball Corp
BALL
$17.8B
| $1.52M | ﹤0.01% |
+26,400
| New | +$1.36M |
|
2722
CALL
Beyond Meat
BYND
$279M
| $1.51M | ﹤0.01% |
170,000
| – | – |
|
2723
RLX Technology
RLX
$2.43B
| $1.51M | ﹤0.01% |
755,876
-851,568
| -53% | -$1.58M |
|
|
GTHX
2724
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $1.51M | ﹤0.01% |
495,451
-9,631
| -2% | -$18.1K |
|
2725
PUT
AMC Global Media
AMCX
$451M
| $1.51M | ﹤0.01% |
80,300
| – | – |
|
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.