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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3201
Bausch + Lomb
BLCO
$5.8B
| $627K | ﹤0.01% |
31,240
-32,597
| -51% | -$591K |
|
3202
CALL
GitLab
GTLB
$5.55B
| $624K | ﹤0.01% |
+12,200
| New | +$453K |
|
3203
Equity Lifestyle Properties
ELS
$12.6B
| $623K | ﹤0.01% |
9,309
-72,183
| -89% | -$4.81M |
|
|
RETA
3204
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $619K | ﹤0.01% |
6,075
-87,341
| -93% | -$8.27M |
|
3205
DXP Enterprises
DXPE
$2.57B
| $619K | ﹤0.01% |
+16,993
| New | +$513K |
|
|
ACB
3206
Aurora Cannabis
ACB
$170M
| $618K | ﹤0.01% |
115,650
-455,889
| -80% | -$2.69M |
|
|
CLVT.PRA
3207
DELISTED
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
| $618K | ﹤0.01% |
15,000
| – | – |
|
3208
PUT
Virgin Galactic
SPCE
$325M
| $616K | ﹤0.01% |
7,935
| – | – |
|
3209
Paymentus
PAY
$3.96B
| $615K | ﹤0.01% |
58,229
+12,085
| +26% | +$113K |
|
3210
GATX Corp
GATX
$6.52B
| $615K | ﹤0.01% |
4,776
-4,467
| -48% | -$523K |
|
3211
Titan International
TWI
$519M
| $613K | ﹤0.01% |
53,394
-62,091
| -54% | -$658K |
|
3212
XPO
XPO
$24.4B
| $609K | ﹤0.01% |
10,324
-44,330
| -81% | -$2.01M |
|
3213
Acrivon Therapeutics
ACRV
$66.8M
| $608K | ﹤0.01% |
46,910
-14,986
| -24% | -$181K |
|
|
PDS
3214
Precision Drilling
PDS
$1.04B
| $605K | ﹤0.01% |
12,400
-4,500
| -27% | -$215K |
|
3215
Kimco Realty
KIM
$17.8B
| $605K | ﹤0.01% |
30,673
-648,983
| -95% | -$12.2M |
|
3216
Valero Energy
VLO
$90.5B
| $604K | ﹤0.01% |
5,150
-102,578
| -95% | -$11.9M |
|
3217
Cable One
CABO
$224M
| $604K | ﹤0.01% |
919
| – | – |
|
3218
Cullinan Oncology
CGEM
$1.07B
| $602K | ﹤0.01% |
55,945
-17,627
| -24% | -$187K |
|
|
EVRI
3219
DELISTED
Everi Holdings
EVRI
| $601K | ﹤0.01% |
41,595
-10,860
| -21% | -$165K |
|
3220
CALL
Annaly Capital Management
NLY
$16.9B
| $600K | ﹤0.01% |
30,000
| – | – |
|
3221
CNO Financial Group
CNO
$4.96B
| $600K | ﹤0.01% |
25,356
-177,108
| -87% | -$3.95M |
|
|
HONE
3222
DELISTED
HarborOne Bancorp
HONE
| $599K | ﹤0.01% |
69,053
-14,620
| -17% | -$140K |
|
3223
KKR & Co
KKR
$91.3B
| $598K | ﹤0.01% |
10,684
-34,303
| -76% | -$1.8M |
|
|
AJRD
3224
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $598K | ﹤0.01% |
10,899
-6,023
| -36% | -$334K |
|
3225
Compañía de Cervecerías Unidas
CCU
$2.2B
| $595K | ﹤0.01% |
+36,654
| New | +$585K |
|
Similar funds
D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.