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 | |
|---|---|---|---|---|---|---|
2751
Monarch Casino & Resort
MCRI
$2.2B
| $1.44M | ﹤0.01% |
20,810
-14,181
| -41% | -$903K |
|
|
USAR
2752
USA Rare Earth Inc
USAR
$3.44B
| $1.43M | ﹤0.01% |
138,823
+103,223
| +290% | +$1.06M |
|
2753
Kodak
KODK
$812M
| $1.43M | ﹤0.01% |
366,996
-106,849
| -23% | -$411K |
|
|
WBA
2754
DELISTED
Walgreens Boots Alliance
WBA
| $1.43M | ﹤0.01% |
54,771
-155,369
| -74% | -$3.47M |
|
2755
Zoetis
ZTS
$32.5B
| $1.43M | ﹤0.01% |
+7,243
| New | +$1.28M |
|
|
AUTL
2756
Autolus Therapeutics
AUTL
$386M
| $1.43M | ﹤0.01% |
+221,489
| New | +$845K |
|
2757
CALL
Fastly Inc
FSLY
$3.26B
| $1.42M | ﹤0.01% |
80,000
-59,200
| -43% | -$999K |
|
2758
Vera Bradley
VRA
$104M
| $1.42M | ﹤0.01% |
184,762
-124,072
| -40% | -$903K |
|
2759
Cerence
CRNC
$368M
| $1.42M | ﹤0.01% |
72,326
-83,995
| -54% | -$1.46M |
|
2760
CALL
Zillow
ZG
$7.74B
| $1.42M | ﹤0.01% |
25,000
| – | – |
|
|
MZTI
2761
The Marzetti Company
MZTI
$3.02B
| $1.42M | ﹤0.01% |
+8,520
| New | +$1.43M |
|
2762
American Outdoor Brands
AOUT
$159M
| $1.41M | ﹤0.01% |
168,354
-27,683
| -14% | -$238K |
|
|
LTHM
2763
DELISTED
Livent Corporation
LTHM
| $1.41M | ﹤0.01% |
78,590
+54,490
| +226% | +$849K |
|
2764
Adtran
ADTN
$730M
| $1.41M | ﹤0.01% |
192,311
-96,723
| -33% | -$637K |
|
2765
Regency Centers
REG
$14.8B
| $1.41M | ﹤0.01% |
20,983
-58,412
| -74% | -$3.61M |
|
2766
PUT
Nu Skin
NUS
$255M
| $1.4M | ﹤0.01% |
+72,300
| New | +$1.33M |
|
2767
CALL
Murphy Oil
MUR
$5.25B
| $1.4M | ﹤0.01% |
32,900
| – | – |
|
2768
Dentsply Sirona
XRAY
$2.7B
| $1.4M | ﹤0.01% |
39,427
-49,483
| -56% | -$1.57M |
|
2769
DXP Enterprises
DXPE
$2.49B
| $1.39M | ﹤0.01% |
41,371
+12,128
| +41% | +$396K |
|
2770
Arrowhead Research
ARWR
$12.1B
| $1.39M | ﹤0.01% |
+45,474
| New | +$1.21M |
|
|
SBDS
2771
DELISTED
Solo Brands Inc
SBDS
| $1.39M | ﹤0.01% |
5,627
-2,741
| -33% | -$534K |
|
2772
Blackrock
BLK
$170B
| $1.39M | ﹤0.01% |
1,707
-4,229
| -71% | -$2.95M |
|
|
JWN
2773
PUT
DELISTED
Nordstrom
JWN
| $1.38M | ﹤0.01% |
75,000
-17,000
| -18% | -$261K |
|
2774
PUT
Beyond Meat
BYND
$279M
| $1.38M | ﹤0.01% |
155,000
-30,000
| -16% | -$236K |
|
|
CUTR
2775
DELISTED
Cutera, Inc.
CUTR
| $1.38M | ﹤0.01% |
+391,132
| New | +$1.19M |
|
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.