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 | |
|---|---|---|---|---|---|---|
3101
CALL
Talos Energy
TALO
$2.36B
| $847K | ﹤0.01% |
59,500
| – | – |
|
3102
Veralto
VLTO
$23.2B
| $846K | ﹤0.01% |
+10,281
| New | +$768K |
|
3103
Paylocity
PCTY
$6.97B
| $845K | ﹤0.01% |
5,123
-79,913
| -94% | -$13.5M |
|
3104
PUT
ON Semiconductor
ON
$34.7B
| $844K | ﹤0.01% |
10,100
-15,400
| -60% | -$1.21M |
|
|
OAKU
3105
DELISTED
Oak Woods Acquisition Corp
OAKU
| $842K | ﹤0.01% |
80,000
| – | – |
|
|
FSP
3106
Franklin Street Properties
FSP
$45.7M
| $840K | ﹤0.01% |
328,320
+104,830
| +47% | +$226K |
|
3107
CALL
Marriott Vacations Worldwide
VAC
$3.4B
| $840K | ﹤0.01% |
9,900
| – | – |
|
3108
iShares Select Dividend ETF
DVY
$23.8B
| $839K | ﹤0.01% |
+7,161
| New | +$788K |
|
3109
Herc Holdings
HRI
$5.34B
| $836K | ﹤0.01% |
5,613
+2,113
| +60% | +$259K |
|
|
LADR
3110
Ladder Capital
LADR
$1.24B
| $833K | ﹤0.01% |
72,355
-55,702
| -43% | -$594K |
|
3111
Aurinia Pharmaceuticals
AUPH
$1.96B
| $832K | ﹤0.01% |
92,562
-264,584
| -74% | -$2.18M |
|
3112
Alight
ALIT
$520M
| $831K | ﹤0.01% |
4,870
-20,285
| -81% | -$3M |
|
3113
Norfolk Southern
NSC
$77.1B
| $827K | ﹤0.01% |
3,500
-95,570
| -96% | -$20M |
|
3114
KB Home
KBH
$3.53B
| $824K | ﹤0.01% |
13,200
-54,728
| -81% | -$2.81M |
|
|
AIRC
3115
DELISTED
Apartment Income REIT Corp.
AIRC
| $823K | ﹤0.01% |
23,711
-150,916
| -86% | -$4.72M |
|
|
SPKL
3116
Spark I Acquisition Corp
SPKL
$101M
| $823K | ﹤0.01% |
+81,193
| New | +$822K |
|
3117
Reservoir Media Inc Warrant
RSVRW
| $822K | ﹤0.01% |
547,924
+66,000
| +14% | +$84.5K |
|
3118
BJs Wholesale Club
BJ
$12.1B
| $821K | ﹤0.01% |
12,320
-192,727
| -94% | -$13M |
|
3119
Safe Bulkers
SB
$766M
| $821K | ﹤0.01% |
208,849
+196,694
| +1,618% | +$692K |
|
3120
Tarsus Pharmaceuticals
TARS
$2.62B
| $821K | ﹤0.01% |
+40,527
| New | +$677K |
|
3121
ESCO Technologies
ESE
$8.4B
| $820K | ﹤0.01% |
7,009
-4,262
| -38% | -$448K |
|
3122
Herbalife
HLF
$1.26B
| $820K | ﹤0.01% |
53,728
+39,065
| +266% | +$540K |
|
|
WOW
3123
DELISTED
WideOpenWest
WOW
| $819K | ﹤0.01% |
202,306
+158,067
| +357% | +$850K |
|
3124
PUT
Vornado Realty Trust
VNO
$7.43B
| $819K | ﹤0.01% |
29,000
-5,800
| -17% | -$138K |
|
3125
Xencor
XNCR
$1.47B
| $819K | ﹤0.01% |
38,582
-28,580
| -43% | -$544K |
|
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.