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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PMT
3451
PennyMac Mortgage Investment
PMT
$844M
| $321K | ﹤0.01% |
23,842
+8,084
| +51% | +$98.9K |
|
3452
PUT
DexCom
DXCM
$28.4B
| $321K | ﹤0.01% |
2,500
| – | – |
|
3453
Amalgamated Financial
AMAL
$1.48B
| $321K | ﹤0.01% |
19,954
-36,786
| -65% | -$591K |
|
|
RAPT
3454
DELISTED
RAPT Therapeutics
RAPT
| $320K | ﹤0.01% |
2,142
-9,866
| -82% | -$1.54M |
|
3455
Mine Safety
MSA
$6.73B
| $318K | ﹤0.01% |
1,827
-13,749
| -88% | -$1.97M |
|
3456
PUT
SM Energy
SM
$7.36B
| $316K | ﹤0.01% |
10,000
| – | – |
|
3457
InterContinental Hotels
IHG
$23.5B
| $313K | ﹤0.01% |
+4,449
| New | +$306K |
|
3458
Atea Pharmaceuticals
AVIR
$391M
| $312K | ﹤0.01% |
83,422
+33,724
| +68% | +$126K |
|
3459
Victory Capital Holdings
VCTR
$6.18B
| $311K | ﹤0.01% |
9,861
-11,400
| -54% | -$352K |
|
3460
Merchants Bancorp
MBIN
$2.22B
| $308K | ﹤0.01% |
12,039
-23,102
| -66% | -$572K |
|
|
INFA
3461
DELISTED
Informatica
INFA
| $307K | ﹤0.01% |
16,586
-73,187
| -82% | -$1.21M |
|
3462
Ingles Markets
IMKTA
$1.68B
| $305K | ﹤0.01% |
3,696
-7,294
| -66% | -$628K |
|
|
TPC
3463
Tutor Perini Cor
TPC
$4.45B
| $305K | ﹤0.01% |
42,648
+25,812
| +153% | +$154K |
|
|
ELME
3464
Elme Communities
ELME
$145M
| $305K | ﹤0.01% |
18,542
-22,427
| -55% | -$370K |
|
3465
Kearny Financial
KRNY
$598M
| $305K | ﹤0.01% |
43,218
-2,140
| -5% | -$15.9K |
|
3466
NewMarket
NEU
$7.2B
| $304K | ﹤0.01% |
757
+105
| +16% | +$40.9K |
|
3467
PUT
Kimberly-Clark
KMB
$37B
| $304K | ﹤0.01% |
+2,200
| New | +$306K |
|
|
UDMY
3468
DELISTED
Udemy
UDMY
| $303K | ﹤0.01% |
28,242
-81,752
| -74% | -$779K |
|
|
EBIX
3469
PUT
DELISTED
Ebix Inc
EBIX
| $302K | ﹤0.01% |
+12,000
| New | +$225K |
|
3470
Aclaris Therapeutics
ACRS
$733M
| $300K | ﹤0.01% |
+28,923
| New | +$262K |
|
3471
First Advantage
FA
$3.43B
| $300K | ﹤0.01% |
19,438
-1,842
| -9% | -$24.7K |
|
3472
City Holding Co
CHCO
$2.03B
| $299K | ﹤0.01% |
3,320
-2,968
| -47% | -$269K |
|
3473
Chemours
CC
$2.53B
| $295K | ﹤0.01% |
8,000
-10,959
| -58% | -$334K |
|
|
STKL
3474
DELISTED
SunOpta
STKL
| $293K | ﹤0.01% |
43,850
-36,150
| -45% | -$272K |
|
|
RAD
3475
DELISTED
Rite Aid Corporation
RAD
| $293K | ﹤0.01% |
193,885
-104,684
| -35% | -$210K |
|
Similar funds
D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.