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 | |
|---|---|---|---|---|---|---|
|
CNR
3401
Core Natural Resources Inc
CNR
$4.19B
| $370K | ﹤0.01% |
3,526
-40,607
| -92% | -$3.32M |
|
|
BBUC
3402
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.42B
| $368K | ﹤0.01% |
20,359
+7,929
| +64% | +$152K |
|
3403
CALL
Regions Financial
RF
$26.3B
| $368K | ﹤0.01% |
21,400
+10,600
| +98% | +$201K |
|
3404
PUT
Amplify Energy
AMPY
$163M
| $368K | ﹤0.01% |
50,000
| – | – |
|
3405
IBEX
IBEX
$448M
| $367K | ﹤0.01% |
23,731
+3,746
| +19% | +$70K |
|
|
BPMC
3406
PUT
DELISTED
Blueprint Medicines
BPMC
| $367K | ﹤0.01% |
+7,300
| New | +$390K |
|
|
ESTE
3407
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $367K | ﹤0.01% |
18,109
+6,615
| +58% | +$115K |
|
|
USAR
3408
USA Rare Earth Inc
USAR
$3.46B
| $363K | ﹤0.01% |
+35,600
| New | +$361K |
|
|
CHCT
3409
Community Healthcare Trust
CHCT
$537M
| $363K | ﹤0.01% |
+12,218
| New | +$410K |
|
3410
Pacific Biosciences
PACB
$422M
| $360K | ﹤0.01% |
43,137
-678,495
| -94% | -$7.75M |
|
3411
CALL
Monster Beverage
MNST
$91.4B
| $360K | ﹤0.01% |
6,800
| – | – |
|
3412
Cullinan Oncology
CGEM
$1.05B
| $359K | ﹤0.01% |
39,702
-16,243
| -29% | -$169K |
|
3413
TransAlta
TAC
$4.34B
| $359K | ﹤0.01% |
41,155
-219,900
| -84% | -$2.14M |
|
3414
Beyond Meat
BYND
$288M
| $358K | ﹤0.01% |
37,258
-110,563
| -75% | -$1.44M |
|
|
EQRX
3415
DELISTED
EQRx, Inc. Common Stock
EQRX
| $358K | ﹤0.01% |
+161,320
| New | +$345K |
|
3416
Unity
U
$12.5B
| $358K | ﹤0.01% |
11,400
-66,740
| -85% | -$2.57M |
|
3417
Kearny Financial
KRNY
$592M
| $358K | ﹤0.01% |
51,601
+8,383
| +19% | +$63.6K |
|
3418
ATN International
ATNI
$361M
| $357K | ﹤0.01% |
11,309
+3,819
| +51% | +$136K |
|
3419
Allient
ALNT
$1.47B
| $353K | ﹤0.01% |
11,419
-13,360
| -54% | -$463K |
|
3420
Kura Sushi USA
KRUS
$537M
| $350K | ﹤0.01% |
+5,300
| New | +$467K |
|
3421
Five Point Holdings
FPH
$379M
| $350K | ﹤0.01% |
117,721
+5,840
| +5% | +$18.1K |
|
3422
Standex International
SXI
$3.68B
| $350K | ﹤0.01% |
2,399
| – | – |
|
3423
BancFirst
BANF
$3.92B
| $349K | ﹤0.01% |
+4,027
| New | +$381K |
|
3424
RXO
RXO
$4.23B
| $349K | ﹤0.01% |
+17,700
| New | +$349K |
|
3425
First Financial Corp
THFF
$922M
| $349K | ﹤0.01% |
10,315
+305
| +3% | +$11K |
|
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.