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 | |
|---|---|---|---|---|---|---|
3426
TransAlta
TAC
$4.25B
| $489K | ﹤0.01% |
55,900
+28,300
| +103% | +$249K |
|
3427
CALL
Hertz
HTZ
$632M
| $489K | ﹤0.01% |
30,000
| – | – |
|
3428
Anterix
ATEX
$1.83B
| $487K | ﹤0.01% |
14,752
-5,728
| -28% | -$188K |
|
3429
Algoma Steel Group Warrant
ASTLW
$160K
| $487K | ﹤0.01% |
278,402
| – | – |
|
3430
Radiant Logistics
RLGT
$415M
| $487K | ﹤0.01% |
74,167
+4,894
| +7% | +$27.4K |
|
3431
Alignment Healthcare
ALHC
$3.86B
| $486K | ﹤0.01% |
76,416
-158,187
| -67% | -$1.51M |
|
|
JBGS
3432
JBG SMITH
JBGS
$832M
| $485K | ﹤0.01% |
+32,218
| New | +$571K |
|
|
MZTI
3433
The Marzetti Company
MZTI
$2.95B
| $485K | ﹤0.01% |
2,389
-3,135
| -57% | -$610K |
|
3434
Sensus Healthcare
SRTS
$49.7M
| $483K | ﹤0.01% |
92,795
+11,823
| +15% | +$84.9K |
|
3435
American Vanguard Corp
AVD
$75.2M
| $481K | ﹤0.01% |
22,003
+120
| +0.5% | +$2.59K |
|
|
WPRT
3436
Westport Fuel Systems
WPRT
$33.4M
| $480K | ﹤0.01% |
50,348
-50,011
| -50% | -$512K |
|
3437
Middlesex Water
MSEX
$1.05B
| $478K | ﹤0.01% |
6,122
-16,798
| -73% | -$1.36M |
|
3438
First Financial Corp
THFF
$924M
| $478K | ﹤0.01% |
12,745
+5,416
| +74% | +$232K |
|
3439
Enel Chile
ENIC
$6.05B
| $477K | ﹤0.01% |
+176,743
| New | +$399K |
|
|
CUTR
3440
DELISTED
Cutera, Inc.
CUTR
| $476K | ﹤0.01% |
20,172
-14,063
| -41% | -$450K |
|
3441
Adient
ADNT
$1.62B
| $476K | ﹤0.01% |
11,618
-51,042
| -81% | -$2.13M |
|
|
BNT
3442
Brookfield Wealth Solutions
BNT
$11.7B
| $470K | ﹤0.01% |
21,548
+8,400
| +64% | +$190K |
|
3443
RadNet
RDNT
$4.84B
| $470K | ﹤0.01% |
+18,766
| New | +$408K |
|
|
MBSC
3444
DELISTED
M3-Brigade Acquisition III Corp.
MBSC
| $467K | ﹤0.01% |
45,200
| – | – |
|
3445
Douglas Elliman
DOUG
$158M
| $466K | ﹤0.01% |
157,226
-112,285
| -42% | -$448K |
|
|
DALS
3446
DELISTED
DA32 Life Science Tech Acquisition Corp. Class A Common Stock
DALS
| $465K | ﹤0.01% |
45,992
| – | – |
|
3447
Acco Brands
ACCO
$381M
| $464K | ﹤0.01% |
87,180
-164,336
| -65% | -$940K |
|
3448
Ryman Hospitality Properties
RHP
$8.52B
| $463K | ﹤0.01% |
+5,164
| New | +$458K |
|
3449
Kodak
KODK
$788M
| $463K | ﹤0.01% |
112,881
-46,879
| -29% | -$169K |
|
|
DNB
3450
DELISTED
Dun & Bradstreet
DNB
| $463K | ﹤0.01% |
39,398
-29,304
| -43% | -$372K |
|
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.