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 | |
|---|---|---|---|---|---|---|
3351
PUT
AMC Global Media
AMCX
$445M
| $433K | ﹤0.01% |
+36,200
| New | +$522K |
|
3352
Perimeter Solutions
PRM
$5.44B
| $432K | ﹤0.01% |
70,237
+41,445
| +144% | +$278K |
|
3353
News Corp Class B
NWS
$16.8B
| $427K | ﹤0.01% |
21,630
-27,900
| -56% | -$510K |
|
3354
Zymeworks
ZYME
$1.69B
| $426K | ﹤0.01% |
+49,354
| New | +$442K |
|
3355
Hawaiian Electric Industries
HE
$2.28B
| $426K | ﹤0.01% |
11,771
-19,333
| -62% | -$728K |
|
3356
IBEX
IBEX
$467M
| $424K | ﹤0.01% |
19,985
-1,232
| -6% | -$26.3K |
|
3357
Tarsus Pharmaceuticals
TARS
$2.62B
| $424K | ﹤0.01% |
23,451
+5,884
| +33% | +$93.5K |
|
3358
Toro Company
TTC
$9.01B
| $424K | ﹤0.01% |
+4,168
| New | +$427K |
|
3359
PUT
Guardant Health
GH
$19.3B
| $422K | ﹤0.01% |
+11,800
| New | +$339K |
|
|
AZEK
3360
DELISTED
The AZEK Co
AZEK
| $422K | ﹤0.01% |
+13,936
| New | +$360K |
|
3361
RPC Inc
RES
$1.21B
| $420K | ﹤0.01% |
58,777
+36,917
| +169% | +$270K |
|
3362
Pilgrim's Pride
PPC
$6.94B
| $419K | ﹤0.01% |
19,515
-5,672
| -23% | -$128K |
|
|
GATO
3363
DELISTED
Gatos Silver, Inc.
GATO
| $419K | ﹤0.01% |
110,773
+49,887
| +82% | +$269K |
|
3364
PubMatic
PUBM
$594M
| $417K | ﹤0.01% |
22,820
-7,380
| -24% | -$117K |
|
|
AFCG
3365
AFC Gamma
AFCG
$60.9M
| $417K | ﹤0.01% |
48,913
-63,412
| -56% | -$514K |
|
|
DSKE
3366
DELISTED
Daseke, Inc. Common Stock
DSKE
| $416K | ﹤0.01% |
58,392
-15,551
| -21% | -$109K |
|
3367
TETRA Technologies
TTI
$1.14B
| $416K | ﹤0.01% |
123,039
+19,776
| +19% | +$57.2K |
|
3368
KB Financial Group
KB
$41.5B
| $414K | ﹤0.01% |
+11,385
| New | +$420K |
|
3369
Cato Corp
CATO
$64.1M
| $414K | ﹤0.01% |
51,555
-11,301
| -18% | -$93.8K |
|
|
SEMR
3370
DELISTED
Semrush
SEMR
| $413K | ﹤0.01% |
43,110
-152,626
| -78% | -$1.35M |
|
|
CTOS.WS
3371
DELISTED
Custom Truck One Source, Inc. Warrants, exerciseable for Common Stock
CTOS.WS
| $412K | ﹤0.01% |
1,646,594
+840
| +0.1% | +$230 |
|
|
CETU
3372
DELISTED
Cetus Capital Acquisition Corp. Class A Common Stock
CETU
| $410K | ﹤0.01% |
40,000
| – | – |
|
3373
Koppers
KOP
$954M
| $409K | ﹤0.01% |
11,988
+225
| +2% | +$7.33K |
|
|
EXK
3374
Endeavour Silver
EXK
$2.35B
| $406K | ﹤0.01% |
140,427
-279,103
| -67% | -$986K |
|
3375
Heron Therapeutics
HRTX
$86.9M
| $405K | ﹤0.01% |
348,960
-372,122
| -52% | -$664K |
|
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.