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 | |
|---|---|---|---|---|---|---|
3451
First Financial Bancorp
FFBC
$3.52B
| $462K | ﹤0.01% |
+21,243
| New | +$510K |
|
3452
PUT
Blackstone Mortgage Trust
BXMT
$2.8B
| $462K | ﹤0.01% |
+25,900
| New | +$553K |
|
|
KRON
3453
DELISTED
Kronos Bio
KRON
| $462K | ﹤0.01% |
316,471
-35,043
| -10% | -$67.2K |
|
3454
PUT
General Mills
GIS
$19.5B
| $461K | ﹤0.01% |
5,400
| – | – |
|
|
NSA
3455
DELISTED
National Storage Affiliates Trust
NSA
| $461K | ﹤0.01% |
11,038
-41,587
| -79% | -$1.68M |
|
3456
Universal Insurance Holdings
UVE
$1.21B
| $461K | ﹤0.01% |
+25,275
| New | +$374K |
|
3457
Xencor
XNCR
$1.47B
| $460K | ﹤0.01% |
16,492
-2,218
| -12% | -$68.4K |
|
|
WOW
3458
DELISTED
WideOpenWest
WOW
| $459K | ﹤0.01% |
43,160
+8,140
| +23% | +$88.1K |
|
|
NESRW
3459
DELISTED
National Energy Services Reunited Corp. Warrant
NESRW
| $458K | ﹤0.01% |
2,669,578
| – | – |
|
3460
CytomX Therapeutics
CTMX
$708M
| $454K | ﹤0.01% |
300,841
-317,533
| -51% | -$718K |
|
3461
PUT
Archer Daniels Midland
ADM
$40.1B
| $454K | ﹤0.01% |
5,700
-3,000
| -34% | -$245K |
|
3462
PUT
Teck Resources
TECK
$29.3B
| $453K | ﹤0.01% |
12,400
-390,400
| -97% | -$15.5M |
|
3463
Regal Rexnord
RRX
$14B
| $450K | ﹤0.01% |
+3,200
| New | +$463K |
|
3464
Krystal Biotech
KRYS
$10.4B
| $448K | ﹤0.01% |
5,595
-805
| -13% | -$63.2K |
|
3465
Midland States Bancorp
MSBI
$681M
| $447K | ﹤0.01% |
20,891
+5,762
| +38% | +$145K |
|
3466
CALL
Philip Morris
PM
$305B
| $447K | ﹤0.01% |
4,600
-191,700
| -98% | -$19.1M |
|
3467
International Flavors & Fragrances
IFF
$19.5B
| $447K | ﹤0.01% |
4,862
-6,104
| -56% | -$607K |
|
|
SP
3468
DELISTED
SP Plus Corporation
SP
| $447K | ﹤0.01% |
13,032
-16,701
| -56% | -$592K |
|
|
LOMA
3469
Loma Negra
LOMA
$1.36B
| $447K | ﹤0.01% |
64,266
-33,335
| -34% | -$232K |
|
|
HSKA
3470
DELISTED
Heska Corp
HSKA
| $444K | ﹤0.01% |
4,550
-21,502
| -83% | -$1.8M |
|
3471
Open Text
OTEX
$5.73B
| $444K | ﹤0.01% |
11,500
-119,800
| -91% | -$4.14M |
|
3472
CALL
Manchester United
MANU
$3.96B
| $443K | ﹤0.01% |
+20,000
| New | +$454K |
|
3473
OFG Bancorp
OFG
$2.21B
| $441K | ﹤0.01% |
17,694
-9,487
| -35% | -$265K |
|
|
AGEN
3474
Agenus
AGEN
$255M
| $441K | ﹤0.01% |
14,781
-39,869
| -73% | -$1.68M |
|
3475
IES Holdings
IESC
$12B
| $441K | ﹤0.01% |
10,231
+3,782
| +59% | +$155K |
|
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.