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 | |
|---|---|---|---|---|---|---|
3351
Scotiabank
BNS
$106B
| $574K | ﹤0.01% |
+11,400
| New | +$585K |
|
3352
CALL
Annaly Capital Management
NLY
$16.9B
| $573K | ﹤0.01% |
30,000
+12,700
| +73% | +$268K |
|
|
PETQ
3353
PUT
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $572K | ﹤0.01% |
50,000
| – | – |
|
|
DSKE
3354
DELISTED
Daseke, Inc. Common Stock
DSKE
| $572K | ﹤0.01% |
73,943
+24,286
| +49% | +$178K |
|
3355
City Holding Co
CHCO
$2.03B
| $571K | ﹤0.01% |
6,288
-3,447
| -35% | -$326K |
|
3356
Ooma
OOMA
$571M
| $571K | ﹤0.01% |
45,652
+3,192
| +8% | +$42.7K |
|
3357
RingCentral
RNG
$4.5B
| $571K | ﹤0.01% |
18,621
-209,153
| -92% | -$7.48M |
|
3358
10x Genomics
TXG
$5.83B
| $571K | ﹤0.01% |
10,231
-184,026
| -95% | -$8.59M |
|
|
AAMI
3359
Acadian Asset Management
AAMI
$2.95B
| $570K | ﹤0.01% |
24,185
-165
| -0.7% | -$3.88K |
|
3360
PUT
BRC Group Holdings
RILY
$273M
| $568K | ﹤0.01% |
+20,000
| New | +$758K |
|
3361
Chemours
CC
$2.55B
| $568K | ﹤0.01% |
18,959
-83,747
| -82% | -$2.76M |
|
|
IGICW
3362
DELISTED
International General Insurance Holdings Ltd. Warrants expiring 03/17/2025
IGICW
| $565K | ﹤0.01% |
1,101,805
+15,165
| +1% | +$8.35K |
|
|
KBAL
3363
DELISTED
Kimball International
KBAL
| $564K | ﹤0.01% |
45,482
+10,214
| +29% | +$87.9K |
|
|
ROVR
3364
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $564K | ﹤0.01% |
124,408
-1,248
| -1% | -$5.03K |
|
3365
XPeng
XPEV
$12.2B
| $561K | ﹤0.01% |
50,510
-129,670
| -72% | -$1.25M |
|
3366
Luxfer Holdings
LXFR
$462M
| $561K | ﹤0.01% |
33,181
-7,681
| -19% | -$123K |
|
3367
John Wiley & Sons Class A
WLY
$2.59B
| $558K | ﹤0.01% |
+14,385
| New | +$613K |
|
3368
Clearway Energy Class C
CWEN
$5B
| $558K | ﹤0.01% |
17,797
-13,850
| -44% | -$445K |
|
3369
Lands' End
LE
$375M
| $556K | ﹤0.01% |
57,167
+12,556
| +28% | +$105K |
|
3370
Rayonier Advanced Materials
RYAM
$573M
| $556K | ﹤0.01% |
88,622
-31,186
| -26% | -$218K |
|
3371
Cato Corp
CATO
$64.1M
| $556K | ﹤0.01% |
62,856
-33,520
| -35% | -$317K |
|
3372
Regional Management Corp
RM
$386M
| $555K | ﹤0.01% |
21,268
+1,613
| +8% | +$49.9K |
|
|
NAPA
3373
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $555K | ﹤0.01% |
34,893
-3,521
| -9% | -$55.4K |
|
|
TERN
3374
DELISTED
Terns Pharmaceuticals
TERN
| $554K | ﹤0.01% |
+46,762
| New | +$447K |
|
3375
Tilly's
TLYS
$117M
| $551K | ﹤0.01% |
71,424
-78,711
| -52% | -$658K |
|
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.