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 |
Amazon
AMZN
|
+$516M |
| 2 |
Estee Lauder
EL
|
+$487M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
Nike
NKE
|
+$252M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$584M |
| 2 |
Tesla
TSLA
|
+$483M |
| 3 |
NVIDIA
NVDA
|
+$444M |
| 4 |
Eli Lilly
LLY
|
+$345M |
| 5 |
T-Mobile US
TMUS
|
+$296M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.67% |
| 2 | Consumer Discretionary | 9.3% |
| 3 | Healthcare | 7.82% |
| 4 | Financials | 5.66% |
| 5 | Industrials | 4.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3376
CALL
Labcorp
LH
$24.3B
| $402K | ﹤0.01% |
2,000
-14,878
| -88% | -$3.14M |
|
3377
News Corp Class B
NWS
$16.4B
| $401K | ﹤0.01% |
19,230
-2,400
| -11% | -$49.7K |
|
3378
Atlanta Braves Holdings Series A
BATRA
$3.53B
| $399K | ﹤0.01% |
10,218
-34,866
| -77% | -$1.48M |
|
3379
Mitek Systems
MITK
$762M
| $399K | ﹤0.01% |
37,226
-65,179
| -64% | -$730K |
|
3380
Red Robin
RRGB
$134M
| $398K | ﹤0.01% |
49,521
-195,770
| -80% | -$2.33M |
|
3381
Veracyte
VCYT
$4.52B
| $398K | ﹤0.01% |
+17,829
| New | +$459K |
|
3382
CALL
Manchester United
MANU
$3.91B
| $396K | ﹤0.01% |
20,000
| – | – |
|
3383
CALL
B&G Foods
BGS
$285M
| $396K | ﹤0.01% |
40,000
-50,000
| -56% | -$620K |
|
3384
Allogene Therapeutics
ALLO
$601M
| $394K | ﹤0.01% |
124,238
-151,610
| -55% | -$664K |
|
3385
Huntington Ingalls Industries
HII
$11.3B
| $391K | ﹤0.01% |
+1,912
| New | +$422K |
|
3386
CALL
Allstate
ALL
$66.9B
| $390K | ﹤0.01% |
3,500
-3,900
| -53% | -$426K |
|
|
RDFN
3387
DELISTED
Redfin
RDFN
| $388K | ﹤0.01% |
55,051
-943,364
| -94% | -$10.4M |
|
3388
Tilly's
TLYS
$115M
| $385K | ﹤0.01% |
47,420
-18,159
| -28% | -$149K |
|
|
GOLD
3389
Gold.com Inc
GOLD
$1.14B
| $384K | ﹤0.01% |
+13,106
| New | +$473K |
|
3390
C3.ai
AI
$1.27B
| $384K | ﹤0.01% |
15,046
-121,081
| -89% | -$4.04M |
|
3391
Carriage Services
CSV
$618M
| $381K | ﹤0.01% |
13,485
-22,560
| -63% | -$711K |
|
|
INDIW
3392
DELISTED
indie Semiconductor, Inc. Warrant
INDIW
| $381K | ﹤0.01% |
213,326
+109,804
| +106% | +$199K |
|
3393
CALL
Ferguson
FERG
$44.7B
| $378K | ﹤0.01% |
+2,300
| New | +$363K |
|
|
TARO
3394
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $376K | ﹤0.01% |
9,978
-24,088
| -71% | -$904K |
|
3395
Mattel
MAT
$4.17B
| $376K | ﹤0.01% |
17,076
-1,398,159
| -99% | -$29.9M |
|
|
NVEE
3396
DELISTED
NV5 Global
NVEE
| $375K | ﹤0.01% |
15,600
-1,200
| -7% | -$30.9K |
|
3397
ABM Industries
ABM
$2.8B
| $374K | ﹤0.01% |
9,345
-21,994
| -70% | -$952K |
|
|
SEI
3398
Solaris Energy Infrastructure
SEI
$3.31B
| $372K | ﹤0.01% |
+34,881
| New | +$356K |
|
|
NFBK
3399
DELISTED
Northfield Bancorp
NFBK
| $372K | ﹤0.01% |
+39,326
| New | +$430K |
|
3400
CALL
Teva Pharmaceuticals
TEVA
$35.9B
| $370K | ﹤0.01% |
36,300
| – | – |
|
Similar funds
D.E. Shaw & Co's Q3 2023 Portfolio in Review
As of Q3 2023, D.E. Shaw & Co held 4,689 positions worth $95.8B, down 2.2% from $97.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $2.99B in Q3 2023, closing 473 positions and reducing 1,535 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in NiSource Inc. Series A Corporate Units worth $52.6M.
- D.E. Shaw & Co's largest Q3 2023 buy was NiSource Inc. Series A Corporate Units: 540,000 shares worth $52.6M.
- D.E. Shaw & Co added most to Amazon in Q3 2023, an estimated $516M increase.
- D.E. Shaw & Co's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $584M.
- D.E. Shaw & Co fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $174M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $95.8B portfolio in Q3 2023.
- D.E. Shaw & Co opened 482 new positions and closed 473 in Q3 2023.
- D.E. Shaw & Co's portfolio value fell 2.2% quarter-over-quarter to $95.8B.
Based on D.E. Shaw & Co's 13F filing for Q3 2023, filed 14 Nov 2023.