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 | |
|---|---|---|---|---|---|---|
3376
Global Net Lease
GNL
$1.87B
| $550K | ﹤0.01% |
+42,790
| New | +$588K |
|
3377
Stoke Therapeutics
STOK
$1.83B
| $550K | ﹤0.01% |
65,969
-2,866
| -4% | -$25.9K |
|
3378
DT Midstream
DTM
$14.3B
| $549K | ﹤0.01% |
11,129
+1,444
| +15% | +$74.8K |
|
3379
Phibro Animal Health
PAHC
$1.43B
| $549K | ﹤0.01% |
35,856
-13,806
| -28% | -$211K |
|
3380
CALL
Crown Castle
CCI
$32.4B
| $549K | ﹤0.01% |
4,100
-58,700
| -93% | -$8.11M |
|
|
NGMS
3381
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $548K | ﹤0.01% |
36,020
-30,287
| -46% | -$426K |
|
3382
NorthWestern Energy
NWE
$4.44B
| $547K | ﹤0.01% |
+9,449
| New | +$540K |
|
3383
eGain
EGAN
$187M
| $541K | ﹤0.01% |
71,213
+6,165
| +9% | +$53K |
|
3384
CALL
DHT Holdings
DHT
$2.95B
| $541K | ﹤0.01% |
50,000
| – | – |
|
|
PINC
3385
DELISTED
Premier
PINC
| $539K | ﹤0.01% |
16,639
-188,135
| -92% | -$6.16M |
|
3386
Radian Group
RDN
$5.18B
| $538K | ﹤0.01% |
24,332
-57,246
| -70% | -$1.22M |
|
3387
Ducommun
DCO
$2.77B
| $535K | ﹤0.01% |
9,784
-4,580
| -32% | -$250K |
|
|
BLU
3388
DELISTED
BELLUS Health Inc.
BLU
| $529K | ﹤0.01% |
73,421
-361,892
| -83% | -$2.81M |
|
|
SLGC
3389
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $528K | ﹤0.01% |
207,107
-184,334
| -47% | -$528K |
|
3390
RenaissanceRe
RNR
$13.7B
| $528K | ﹤0.01% |
2,634
-1,201
| -31% | -$242K |
|
|
PTRA
3391
DELISTED
Proterra Inc. Common Stock
PTRA
| $527K | ﹤0.01% |
346,570
+316,280
| +1,044% | +$1.19M |
|
|
CTOS.WS
3392
DELISTED
Custom Truck One Source, Inc. Warrants, exerciseable for Common Stock
CTOS.WS
| $527K | ﹤0.01% |
1,645,754
+375,000
| +30% | +$177K |
|
3393
Vivid Seats
SEAT
$84.8M
| $525K | ﹤0.01% |
3,440
-649
| -16% | -$101K |
|
3394
Nurix Therapeutics
NRIX
$2.43B
| $524K | ﹤0.01% |
59,037
-32,672
| -36% | -$340K |
|
3395
CALL
Apollo Global Management
APO
$71.6B
| $524K | ﹤0.01% |
8,300
-109,900
| -93% | -$7.36M |
|
3396
Taylor Morrison
TMHC
| $524K | ﹤0.01% |
13,700
-9,075
| -40% | -$319K |
|
3397
McGrath RentCorp
MGRC
$2.95B
| $524K | ﹤0.01% |
5,613
-7,411
| -57% | -$733K |
|
3398
CorMedix
CRMD
$596M
| $523K | ﹤0.01% |
126,309
-18,527
| -13% | -$75.8K |
|
|
IAUX
3399
i-80 Gold Corp
IAUX
$1.16B
| $520K | ﹤0.01% |
213,600
-550,000
| -72% | -$1.37M |
|
3400
Starwood Property Trust
STWD
$6.15B
| $518K | ﹤0.01% |
29,283
-45,094
| -61% | -$871K |
|
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.