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 | |
|---|---|---|---|---|---|---|
301
PUT
Morgan Stanley
MS
$337B
| $74.5M | 0.08% |
872,200
+157,100
| +22% | +$13.4M |
|
302
PUT
Delta Air Lines
DAL
$55.9B
| $73.9M | 0.08% |
1,554,800
+320,000
| +26% | +$11.8M |
|
303
AutoZone
AZO
$48.3B
| $73.4M | 0.08% |
29,458
+2,462
| +9% | +$6.28M |
|
304
CNX Resources
CNX
$4.85B
| $72.9M | 0.07% |
4,114,673
+2,510,257
| +156% | +$40.5M |
|
305
CF Industries
CF
$19.2B
| $72.8M | 0.07% |
1,048,867
+49,082
| +5% | +$3.42M |
|
306
StoneCo
STNE
$2.62B
| $72.7M | 0.07% |
5,704,409
+2,418,177
| +74% | +$30.2M |
|
|
BKI
307
DELISTED
Black Knight, Inc. Common Stock
BKI
| $71.9M | 0.07% |
1,204,540
+873,762
| +264% | +$49M |
|
308
CALL
Lam Research
LRCX
$382B
| $71.7M | 0.07% |
1,116,000
+280,000
| +33% | +$15.8M |
|
309
Intel
INTC
$466B
| $71.6M | 0.07% |
2,140,935
-6,520,721
| -75% | -$205M |
|
310
ASML
ASML
$675B
| $71.3M | 0.07% |
98,326
-103,323
| -51% | -$70.2M |
|
311
PUT
AbbVie
ABBV
$458B
| $70.8M | 0.07% |
525,700
+163,200
| +45% | +$23.9M |
|
312
PUT
Ulta Beauty
ULTA
$20.4B
| $70.5M | 0.07% |
149,800
+8,200
| +6% | +$4.02M |
|
|
313
PUT
Microsoft
MSFT
$2.84T
| $70.3M | 0.07% |
206,300
-110,000
| -35% | -$34.5M |
|
314
argenx
ARGX
$57.4B
| $70.3M | 0.07% |
180,253
-17,609
| -9% | -$6.93M |
|
315
Linde
LIN
$237B
| $70.2M | 0.07% |
184,295
+145,519
| +375% | +$53.1M |
|
316
Airbnb
ABNB
$83.7B
| $70.2M | 0.07% |
547,638
-748,746
| -58% | -$87.6M |
|
317
Northrop Grumman
NOC
$77B
| $70.2M | 0.07% |
153,936
-10,612
| -6% | -$4.82M |
|
318
Harley-Davidson
HOG
$2.68B
| $69.7M | 0.07% |
1,980,944
-654,594
| -25% | -$22.9M |
|
319
PUT
SolarEdge
SEDG
$2.59B
| $69.1M | 0.07% |
256,900
+41,100
| +19% | +$11.8M |
|
320
O'Reilly Automotive
ORLY
$72.4B
| $68.8M | 0.07% |
1,080,870
-1,524,690
| -59% | -$93.1M |
|
321
GitLab
GTLB
$5.28B
| $68.8M | 0.07% |
1,346,521
+946,663
| +237% | +$35.2M |
|
322
Hilton Worldwide
HLT
$74B
| $68.6M | 0.07% |
471,389
-435,884
| -48% | -$62.1M |
|
323
PUT
GE Aerospace
GE
$367B
| $67.8M | 0.07% |
773,352
+501,952
| +185% | +$40.6M |
|
324
PUT
SoFi Technologies
SOFI
$21.1B
| $67.7M | 0.07% |
8,121,900
+6,562,600
| +421% | +$42.8M |
|
325
PUT
Bristol-Myers Squibb
BMY
$127B
| $66.9M | 0.07% |
1,046,700
+60,000
| +6% | +$4.02M |
|
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.