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 | |
|---|---|---|---|---|---|---|
3276
First Commonwealth Financial
FCF
$2.16B
| $663K | ﹤0.01% |
53,375
-10,277
| -16% | -$148K |
|
3277
California Resources
CRC
$4.49B
| $663K | ﹤0.01% |
17,230
-36,297
| -68% | -$1.5M |
|
3278
Seer Inc
SEER
$109M
| $661K | ﹤0.01% |
+171,202
| New | +$787K |
|
|
JMIA
3279
PUT
Jumia Technologies
JMIA
$738M
| $658K | ﹤0.01% |
+200,000
| New | +$720K |
|
3280
Lucid Motors
LCID
$2.56B
| $655K | ﹤0.01% |
8,146
-65,287
| -89% | -$5.8M |
|
|
B
3281
CALL
Barrick Mining
B
$61B
| $653K | ﹤0.01% |
35,200
-248,100
| -88% | -$4.46M |
|
3282
CALL
Weatherford International
WFRD
$6.1B
| $653K | ﹤0.01% |
+11,000
| New | +$644K |
|
|
VLD
3283
DELISTED
Velo3D, Inc.
VLD
| $651K | ﹤0.01% |
8,197
+589
| +8% | +$52.9K |
|
3284
Marcus & Millichap
MMI
$1.21B
| $651K | ﹤0.01% |
+20,279
| New | +$704K |
|
3285
Acumen Pharmaceuticals
ABOS
$154M
| $650K | ﹤0.01% |
160,208
-81,633
| -34% | -$426K |
|
3286
ESCO Technologies
ESE
$8.16B
| $650K | ﹤0.01% |
6,809
-100
| -1% | -$9.28K |
|
3287
Willis Towers Watson
WTW
$29.8B
| $649K | ﹤0.01% |
2,793
-3,432
| -55% | -$830K |
|
3288
RPM International
RPM
$14.5B
| $649K | ﹤0.01% |
+7,435
| New | +$651K |
|
3289
Motorcar Parts of America
MPAA
$280M
| $648K | ﹤0.01% |
87,123
+73,547
| +542% | +$876K |
|
3290
Cable One
CABO
$237M
| $645K | ﹤0.01% |
919
-86
| -9% | -$62.6K |
|
3291
PUT
Virgin Galactic
SPCE
$311M
| $643K | ﹤0.01% |
7,935
| – | – |
|
|
LTC
3292
LTC Properties
LTC
$2.17B
| $642K | ﹤0.01% |
+18,286
| New | +$658K |
|
3293
Design Therapeutics
DSGN
$718M
| $642K | ﹤0.01% |
+111,298
| New | +$832K |
|
3294
Blue Owl Capital
OWL
$6.54B
| $638K | ﹤0.01% |
57,571
-175,247
| -75% | -$2.1M |
|
3295
Standard Motor Products
SMP
$889M
| $636K | ﹤0.01% |
17,223
+11,400
| +196% | +$434K |
|
3296
CALL
Rocket Companies
RKT
$37.9B
| $634K | ﹤0.01% |
70,000
| – | – |
|
3297
Smith & Wesson
SWBI
$663M
| $632K | ﹤0.01% |
51,379
| – | – |
|
3298
PUT
Axos Financial
AX
$5.54B
| $631K | ﹤0.01% |
+17,100
| New | +$738K |
|
3299
Renasant Corp
RNST
$4.04B
| $631K | ﹤0.01% |
20,625
-10,273
| -33% | -$359K |
|
3300
ReNew
RNW
$2.22B
| $627K | ﹤0.01% |
111,559
-53,462
| -32% | -$285K |
|
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.