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 |
Visa
V
|
+$365M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$307M |
| 3 |
Adobe
ADBE
|
+$250M |
| 4 |
NVIDIA
NVDA
|
+$242M |
| 5 |
Salesforce
CRM
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$520M |
| 2 |
ExxonMobil
XOM
|
+$372M |
| 3 |
Bank of America
BAC
|
+$271M |
| 4 |
Netflix
NFLX
|
+$172M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.14% |
| 2 | Financials | 9.37% |
| 3 | Healthcare | 7.49% |
| 4 | Consumer Discretionary | 6.79% |
| 5 | Communication Services | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RDUS
3376
PUT
DELISTED
Radius Recycling
RDUS
| $1.09M | ﹤0.01% |
38,400
-11,600
| -23% | -$389K |
|
3377
Badger Meter
BMI
$3.87B
| $1.09M | ﹤0.01% |
11,823
-14,332
| -55% | -$1.33M |
|
|
IVC
3378
DELISTED
Invacare Corporation
IVC
| $1.09M | ﹤0.01% |
1,394,763
| – | – |
|
|
ASRT
3379
DELISTED
Assertio
ASRT
| $1.09M | ﹤0.01% |
31,945
+13,773
| +76% | +$623K |
|
3380
Opendoor
OPEN
$3.54B
| $1.09M | ﹤0.01% |
361,075
+217,364
| +151% | +$998K |
|
|
ARGO
3381
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $1.08M | ﹤0.01% |
56,273
-12,488
| -18% | -$327K |
|
3382
Air Products & Chemicals
APD
$65.5B
| $1.08M | ﹤0.01% |
+4,650
| New | +$1.15M |
|
3383
PUT
AGNC Investment
AGNC
$12.7B
| $1.08M | ﹤0.01% |
128,300
-26,600
| -17% | -$312K |
|
|
HCCI
3384
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $1.08M | ﹤0.01% |
+36,481
| New | +$1.14M |
|
3385
Blue Owl Capital
OBDC
$5.35B
| $1.08M | ﹤0.01% |
103,914
-52,600
| -34% | -$669K |
|
|
RDNW
3386
RideNow Group
RDNW
$256M
| $1.08M | ﹤0.01% |
63,702
+28,582
| +81% | +$577K |
|
3387
PUT
Rapid7
RPD
$628M
| $1.08M | ﹤0.01% |
+25,100
| New | +$1.55M |
|
3388
Deluxe
DLX
$1.25B
| $1.07M | ﹤0.01% |
64,594
-57,277
| -47% | -$1.2M |
|
|
CORS
3389
DELISTED
Corsair Partnering Corporation
CORS
| $1.07M | ﹤0.01% |
109,664
| – | – |
|
3390
Tandem Diabetes Care
TNDM
$1.27B
| $1.07M | ﹤0.01% |
22,403
-4,886
| -18% | -$268K |
|
3391
Root
ROOT
$895M
| $1.07M | ﹤0.01% |
135,872
+108,105
| +389% | +$1.69M |
|
3392
Zura Bio
ZURA
$504M
| $1.07M | ﹤0.01% |
106,597
| – | – |
|
3393
Halozyme
HALO
$9.88B
| $1.07M | ﹤0.01% |
27,017
+2,917
| +12% | +$129K |
|
3394
Kinetik
KNTK
$3.72B
| $1.06M | ﹤0.01% |
32,582
-59,308
| -65% | -$2.19M |
|
3395
Syntec Optics
OPTX
$237M
| $1.06M | ﹤0.01% |
105,300
| – | – |
|
3396
Trustmark
TRMK
$2.75B
| $1.06M | ﹤0.01% |
34,604
+17,496
| +102% | +$555K |
|
|
WPRT
3397
Westport Fuel Systems
WPRT
$31.9M
| $1.06M | ﹤0.01% |
121,656
-13,339
| -10% | -$148K |
|
3398
PUT
Lemonade
LMND
$3.64B
| $1.06M | ﹤0.01% |
50,000
-50,000
| -50% | -$1.14M |
|
|
RJET
3399
Republic Airways Holdings
RJET
$845M
| $1.06M | ﹤0.01% |
42,686
-2,796
| -6% | -$95.9K |
|
3400
FirstCash
FCFS
$8.77B
| $1.05M | ﹤0.01% |
14,359
-13,159
| -48% | -$981K |
|
Similar funds
D.E. Shaw & Co's Q3 2022 Portfolio in Review
As of Q3 2022, D.E. Shaw & Co held 5,820 positions worth $83.7B, down 1.8% from $85.3B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
D.E. Shaw & Co withdrew a net $3.66B in Q3 2022, closing 679 positions and reducing 1,597 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Prologis worth $66.1M.
- D.E. Shaw & Co's largest Q3 2022 buy was Prologis: 650,725 shares worth $66.1M.
- D.E. Shaw & Co added most to Visa in Q3 2022, an estimated $365M increase.
- D.E. Shaw & Co's biggest Q3 2022 reduction was PayPal, cutting an estimated $520M.
- D.E. Shaw & Co fully exited iShares MSCI Emerging Markets ETF in Q3 2022, selling an estimated $171M.
- D.E. Shaw & Co's ten largest holdings make up 8.7% of its $83.7B portfolio in Q3 2022.
- D.E. Shaw & Co opened 545 new positions and closed 679 in Q3 2022.
- D.E. Shaw & Co's portfolio value fell 1.8% quarter-over-quarter to $83.7B.
Based on D.E. Shaw & Co's 13F filing for Q3 2022, filed 14 Nov 2022.