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 | |
|---|---|---|---|---|---|---|
2926
BJ's Restaurants
BJRI
$1.43B
| $1.11M | ﹤0.01% |
30,902
+9,975
| +48% | +$284K |
|
2927
Conagra Brands
CAG
$7.37B
| $1.11M | ﹤0.01% |
+38,816
| New | +$1.09M |
|
2928
SkinHealth Systems
SKIN
$92.3M
| $1.11M | ﹤0.01% |
+357,066
| New | +$1.34M |
|
2929
State Street SPDR S&P Metals & Mining ETF
XME
$3.91B
| $1.1M | ﹤0.01% |
+18,412
| New | +$975K |
|
2930
CALL
First Majestic Silver
AG
$7.76B
| $1.1M | ﹤0.01% |
+179,100
| New | +$987K |
|
2931
Brixmor Property Group
BRX
$9.86B
| $1.1M | ﹤0.01% |
47,222
-293,236
| -86% | -$6.31M |
|
2932
PUT
SentinelOne
S
$6.29B
| $1.1M | ﹤0.01% |
+40,000
| New | +$775K |
|
2933
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.01B
| $1.1M | ﹤0.01% |
+5,880
| New | +$983K |
|
2934
Liberty Energy
LBRT
$2.89B
| $1.09M | ﹤0.01% |
+60,344
| New | +$1.15M |
|
2935
Limbach Holdings
LMB
$855M
| $1.09M | ﹤0.01% |
24,049
-15,829
| -40% | -$569K |
|
2936
PUT
ScottsMiracle-Gro
SMG
$4.11B
| $1.09M | ﹤0.01% |
17,100
-69,800
| -80% | -$3.77M |
|
2937
CALL
Coherent
COHR
$47.2B
| $1.09M | ﹤0.01% |
25,000
| – | – |
|
2938
CALL
Robinhood
HOOD
$83.7B
| $1.09M | ﹤0.01% |
85,400
| – | – |
|
|
KALV
2939
DELISTED
KalVista Pharmaceuticals
KALV
| $1.09M | ﹤0.01% |
88,763
-26,519
| -23% | -$241K |
|
2940
Abbott
ABT
$187B
| $1.08M | ﹤0.01% |
9,855
-130,858
| -93% | -$13.1M |
|
2941
CALL
Applovin
APP
$141B
| $1.08M | ﹤0.01% |
+27,200
| New | +$1.07M |
|
2942
Sportradar
SRAD
$4.46B
| $1.08M | ﹤0.01% |
98,000
+8,128
| +9% | +$79.8K |
|
2943
Ichor Holdings
ICHR
$2.39B
| $1.08M | ﹤0.01% |
32,180
-12,292
| -28% | -$340K |
|
2944
CALL
Electronic Arts
EA
$52.4B
| $1.08M | ﹤0.01% |
+7,900
| New | +$1.04M |
|
2945
Vistra
VST
$50.9B
| $1.08M | ﹤0.01% |
28,026
+1,094
| +4% | +$38K |
|
2946
PUT
FirstEnergy
FE
$28.8B
| $1.08M | ﹤0.01% |
+29,400
| New | +$1.06M |
|
2947
CALL
Invesco
IVZ
$13.3B
| $1.07M | ﹤0.01% |
+60,000
| New | +$866K |
|
|
ALCY
2948
DELISTED
Alchemy Investments Acquisition Corp 1
ALCY
| $1.06M | ﹤0.01% |
100,000
| – | – |
|
2949
PUT
Pan American Silver
PAAS
$18.3B
| $1.06M | ﹤0.01% |
65,000
| – | – |
|
2950
WaFd
WAFD
$2.72B
| $1.06M | ﹤0.01% |
32,164
-39,343
| -55% | -$1.09M |
|
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.