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 |
SCHW
Charles Schwab
SCHW
|
+$602M |
| 2 |
Booking.com
BKNG
|
+$582M |
| 3 |
Walmart Inc
WMT
|
+$407M |
| 4 |
Visa
V
|
+$395M |
| 5 |
Johnson & Johnson
JNJ
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$483M |
| 2 |
Salesforce
CRM
|
+$380M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$364M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$336M |
| 5 |
Colgate-Palmolive
CL
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.47% |
| 2 | Consumer Discretionary | 9.17% |
| 3 | Healthcare | 8.57% |
| 4 | Financials | 7.92% |
| 5 | Industrials | 4.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3076
Reinsurance Group of America
RGA
$15.9B
| $929K | ﹤0.01% |
6,998
-11,375
| -62% | -$1.61M |
|
|
TSE
3077
DELISTED
Trinseo
TSE
| $929K | ﹤0.01% |
44,553
-90,835
| -67% | -$2.22M |
|
3078
Invesco Senior Loan ETF
BKLN
$6.97B
| $924K | ﹤0.01% |
+44,409
| New | +$930K |
|
3079
Timken Company
TKR
$9.75B
| $924K | ﹤0.01% |
11,303
-17,505
| -61% | -$1.42M |
|
3080
Allegiant Air
ALGT
$2.65B
| $921K | ﹤0.01% |
10,014
-16,425
| -62% | -$1.48M |
|
3081
Reynolds Consumer Products
REYN
$5.49B
| $921K | ﹤0.01% |
33,494
-66,186
| -66% | -$1.87M |
|
3082
CALL
Madrigal Pharmaceuticals
MDGL
$12.7B
| $921K | ﹤0.01% |
+3,800
| New | +$1.04M |
|
3083
Doximity
DOCS
$3.81B
| $919K | ﹤0.01% |
+28,394
| New | +$942K |
|
3084
Community Bank
CBU
$3.41B
| $918K | ﹤0.01% |
17,492
-5,813
| -25% | -$341K |
|
3085
PUT
Vornado Realty Trust
VNO
$7.38B
| $916K | ﹤0.01% |
59,600
+47,400
| +389% | +$957K |
|
3086
Honda
HMC
$39.1B
| $915K | ﹤0.01% |
34,555
-46,433
| -57% | -$1.17M |
|
3087
Merchants Bancorp
MBIN
$2.24B
| $915K | ﹤0.01% |
35,141
+12,576
| +56% | +$348K |
|
3088
Jakks Pacific
JAKK
$297M
| $914K | ﹤0.01% |
52,827
-45,501
| -46% | -$853K |
|
3089
Black Hills Corp
BKH
$5.76B
| $914K | ﹤0.01% |
+14,482
| New | +$954K |
|
3090
Descartes Systems
DSGX
$6.37B
| $912K | ﹤0.01% |
11,300
-2,800
| -20% | -$209K |
|
3091
WEX
WEX
$6.26B
| $911K | ﹤0.01% |
4,954
+2,354
| +91% | +$429K |
|
|
OGI
3092
Organigram Holdings
OGI
$132M
| $911K | ﹤0.01% |
357,850
-148,750
| -29% | -$472K |
|
3093
PUT
Live Nation Entertainment
LYV
$42.4B
| $910K | ﹤0.01% |
13,000
-80,000
| -86% | -$5.87M |
|
3094
Workhorse Group
WKHS
$30.3M
| $910K | ﹤0.01% |
228
+141
| +162% | +$778K |
|
3095
Silicom
SILC
$207M
| $907K | ﹤0.01% |
24,187
-2,431
| -9% | -$98.7K |
|
3096
Nabors Industries
NBR
$1.15B
| $906K | ﹤0.01% |
7,435
-14,779
| -67% | -$2.24M |
|
3097
Tennant Co
TNC
$1.52B
| $906K | ﹤0.01% |
13,224
+7,119
| +117% | +$483K |
|
|
SPNS
3098
DELISTED
Sapiens International
SPNS
| $905K | ﹤0.01% |
41,665
-939
| -2% | -$19.8K |
|
3099
NRG Energy
NRG
$27.1B
| $904K | ﹤0.01% |
26,362
-305,826
| -92% | -$10.1M |
|
3100
Reliance Steel & Aluminium
RS
$21.2B
| $901K | ﹤0.01% |
3,510
-13,213
| -79% | -$3.11M |
|
Similar funds
D.E. Shaw & Co's Q1 2023 Portfolio in Review
As of Q1 2023, D.E. Shaw & Co held 5,246 positions worth $93.4B, up 3.2% from $90.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $9.17B in Q1 2023, closing 861 positions and reducing 1,787 holdings. Its most notable exit was SVB Financial Group, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in State Street Utilities Select Sector SPDR ETF worth $99.9M.
- D.E. Shaw & Co's largest Q1 2023 buy was State Street Utilities Select Sector SPDR ETF: 2,950,552 shares worth $99.9M.
- D.E. Shaw & Co added most to Charles Schwab in Q1 2023, an estimated $602M increase.
- D.E. Shaw & Co's biggest Q1 2023 reduction was Microsoft, cutting an estimated $483M.
- D.E. Shaw & Co fully exited SVB Financial Group in Q1 2023, selling an estimated $163M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $93.4B portfolio in Q1 2023.
- D.E. Shaw & Co opened 431 new positions and closed 861 in Q1 2023.
- D.E. Shaw & Co's portfolio value rose 3.2% quarter-over-quarter to $93.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2023, filed 15 May 2023.