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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.76% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3401
iShares S&P 500 Value ETF
IVE
$49.1B
| $461K | ﹤0.01% |
+2,653
| New | +$426K |
|
3402
PubMatic
PUBM
$594M
| $460K | ﹤0.01% |
28,184
+5,059
| +22% | +$73.4K |
|
3403
Hawkins
HWKN
$2.94B
| $459K | ﹤0.01% |
6,519
-1,291
| -17% | -$80.3K |
|
3404
1st Source
SRCE
$2.09B
| $458K | ﹤0.01% |
8,330
-10,445
| -56% | -$501K |
|
3405
Koppers
KOP
$953M
| $457K | ﹤0.01% |
8,914
+1,953
| +28% | +$81.7K |
|
3406
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $456K | ﹤0.01% |
+4,812
| New | +$439K |
|
3407
CALL
Arbor Realty Trust
ABR
$975M
| $455K | ﹤0.01% |
30,000
| – | – |
|
3408
PUT
LendingTree
TREE
$564M
| $455K | ﹤0.01% |
15,000
-52,700
| -78% | -$955K |
|
3409
PUT
Applied Materials
AMAT
$410B
| $454K | ﹤0.01% |
+2,800
| New | +$411K |
|
|
MRTX
3410
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $452K | ﹤0.01% |
7,693
-131,920
| -94% | -$7.42M |
|
3411
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.1M
| $451K | ﹤0.01% |
+13,420
| New | +$443K |
|
3412
Malibu Boats
MBUU
$557M
| $451K | ﹤0.01% |
8,227
-24,346
| -75% | -$1.17M |
|
|
SEE
3413
DELISTED
Sealed Air
SEE
| $449K | ﹤0.01% |
12,296
-249,488
| -95% | -$8.18M |
|
|
AMK
3414
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $448K | ﹤0.01% |
14,957
+5,095
| +52% | +$131K |
|
3415
Mizuho Financial
MFG
$129B
| $447K | ﹤0.01% |
129,811
+113,147
| +679% | +$384K |
|
|
LTC
3416
LTC Properties
LTC
$2.15B
| $446K | ﹤0.01% |
13,900
+3,547
| +34% | +$115K |
|
3417
Argan
AGX
$7.6B
| $446K | ﹤0.01% |
9,527
+5,081
| +114% | +$232K |
|
3418
Rayonier
RYN
$6.52B
| $446K | ﹤0.01% |
14,706
-45,037
| -75% | -$1.2M |
|
3419
Gladstone Capital
GLAD
$429M
| $446K | ﹤0.01% |
20,823
-2,757
| -12% | -$55K |
|
3420
Revolution Medicines Inc Warrant
RVMDW
$105M
| $445K | ﹤0.01% |
+1,347,439
| New | +$602K |
|
3421
CALL
Ferguson
FERG
$45.4B
| $444K | ﹤0.01% |
2,300
| – | – |
|
3422
Beazer Homes USA
BZH
$902M
| $443K | ﹤0.01% |
13,121
-135,693
| -91% | -$3.71M |
|
3423
CALL
Brookfield Renewable
BEPC
$5.94B
| $443K | ﹤0.01% |
+15,400
| New | +$393K |
|
3424
Stem
STEM
$50M
| $442K | ﹤0.01% |
+5,698
| New | +$393K |
|
3425
Atour Lifestyle Holdings
ATAT
$4.57B
| $442K | ﹤0.01% |
+25,463
| New | +$460K |
|
Similar funds
D.E. Shaw & Co's Q4 2023 Portfolio in Review
As of Q4 2023, D.E. Shaw & Co held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- D.E. Shaw & Co added most to Netflix in Q4 2023, an estimated $751M increase.
- D.E. Shaw & Co's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- D.E. Shaw & Co fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- D.E. Shaw & Co opened 575 new positions and closed 527 in Q4 2023.
- D.E. Shaw & Co's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.