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 | |
|---|---|---|---|---|---|---|
2776
Inovio Pharmaceuticals
INO
$84.7M
| $1.38M | ﹤0.01% |
225,097
-234,806
| -51% | -$1.16M |
|
2777
C4 Therapeutics
CCCC
$393M
| $1.38M | ﹤0.01% |
243,638
-190,472
| -44% | -$434K |
|
2778
PUT
Hudbay
HBM
$9.67B
| $1.38M | ﹤0.01% |
250,000
| – | – |
|
|
HEES
2779
DELISTED
H&E Equipment Services
HEES
| $1.37M | ﹤0.01% |
26,250
-4,251
| -14% | -$192K |
|
|
KE
2780
Kimball Electronics
KE
$593M
| $1.37M | ﹤0.01% |
50,856
+14,547
| +40% | +$375K |
|
|
NVEI
2781
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $1.37M | ﹤0.01% |
52,100
-38,500
| -42% | -$739K |
|
2782
KB Financial Group
KB
$40.6B
| $1.37M | ﹤0.01% |
33,051
+572
| +2% | +$23.2K |
|
2783
Aramark
ARMK
$15.1B
| $1.37M | ﹤0.01% |
48,600
-1,757,239
| -97% | -$47.6M |
|
2784
PUT
ADT
ADT
$5.38B
| $1.36M | ﹤0.01% |
200,000
| – | – |
|
|
GTLS
2785
PUT
DELISTED
Chart Industries
GTLS
| $1.36M | ﹤0.01% |
+10,000
| New | +$1.35M |
|
2786
CALL
Nokia
NOK
$49.9B
| $1.36M | ﹤0.01% |
+397,700
| New | +$1.35M |
|
|
AGNT
2787
AGNT Inc
AGNT
$661M
| $1.36M | ﹤0.01% |
+87,518
| New | +$1.22M |
|
2788
Healthcare Realty
HR
$7.58B
| $1.35M | ﹤0.01% |
78,514
+50,394
| +179% | +$770K |
|
2789
Precigen
PGEN
$1.97B
| $1.35M | ﹤0.01% |
1,009,447
+355,755
| +54% | +$418K |
|
2790
Clear Channel Outdoor Holdings
CCO
$1.23B
| $1.35M | ﹤0.01% |
742,963
-57,515
| -7% | -$79.6K |
|
2791
Cars.com
CARS
$705M
| $1.35M | ﹤0.01% |
71,206
-82,628
| -54% | -$1.49M |
|
2792
PUT
FuboTV Inc
FUBO
$266M
| $1.35M | ﹤0.01% |
+35,383
| New | +$1.22M |
|
2793
Toronto Dominion Bank
TD
$199B
| $1.35M | ﹤0.01% |
20,876
-52,120
| -71% | -$3.13M |
|
|
ONL
2794
Orion Office REIT
ONL
$148M
| $1.34M | ﹤0.01% |
234,973
+18,983
| +9% | +$99K |
|
2795
Rayonier Advanced Materials
RYAM
$591M
| $1.34M | ﹤0.01% |
331,760
-75,848
| -19% | -$249K |
|
2796
Joby Aviation
JOBY
$7.15B
| $1.34M | ﹤0.01% |
201,899
+188,669
| +1,426% | +$1.16M |
|
|
RDFN
2797
PUT
DELISTED
Redfin
RDFN
| $1.34M | ﹤0.01% |
130,000
| – | – |
|
2798
POSCO
PKX
$15.5B
| $1.34M | ﹤0.01% |
14,091
+5,053
| +56% | +$456K |
|
2799
KT
KT
$8.95B
| $1.34M | ﹤0.01% |
+99,577
| New | +$1.27M |
|
2800
Amalgamated Financial
AMAL
$1.49B
| $1.34M | ﹤0.01% |
+49,594
| New | +$1.02M |
|
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.