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 | |
|---|---|---|---|---|---|---|
|
CETU
3451
DELISTED
Cetus Capital Acquisition Corp. Class A Common Stock
CETU
| $420K | ﹤0.01% |
40,000
| – | – |
|
3452
Alaska Air
ALK
$5.27B
| $420K | ﹤0.01% |
10,740
-10,962
| -51% | -$391K |
|
3453
Valaris
VAL
$5.41B
| $420K | ﹤0.01% |
6,119
+2,419
| +65% | +$166K |
|
3454
Capital Southwest
CSWC
$1.46B
| $418K | ﹤0.01% |
+17,638
| New | +$393K |
|
3455
Backblaze
BLZE
$739M
| $416K | ﹤0.01% |
+54,793
| New | +$346K |
|
3456
Sonic Automotive
SAH
$3.23B
| $415K | ﹤0.01% |
7,388
-7,258
| -50% | -$363K |
|
3457
Boston Omaha
BOC
$437M
| $414K | ﹤0.01% |
26,350
-15,852
| -38% | -$241K |
|
3458
iShares MSCI Spain ETF
EWP
$2.08B
| $414K | ﹤0.01% |
+13,505
| New | +$389K |
|
3459
Kodiak Gas Services
KGS
$5.83B
| $410K | ﹤0.01% |
+20,439
| New | +$368K |
|
3460
Urban Edge Properties
UE
$2.95B
| $410K | ﹤0.01% |
22,379
-92,706
| -81% | -$1.53M |
|
|
HONE
3461
DELISTED
HarborOne Bancorp
HONE
| $409K | ﹤0.01% |
34,181
-25,880
| -43% | -$276K |
|
3462
PUT
InMode
INMD
$891M
| $409K | ﹤0.01% |
+18,400
| New | +$413K |
|
3463
JPMorgan BetaBuilders Japan ETF
BBJP
$17.3B
| $407K | ﹤0.01% |
+7,748
| New | +$394K |
|
3464
ATN International
ATNI
$364M
| $406K | ﹤0.01% |
10,428
-881
| -8% | -$29.1K |
|
3465
Omega Flex
OFLX
$303M
| $405K | ﹤0.01% |
5,750
-2,702
| -32% | -$202K |
|
3466
AGNC Investment
AGNC
$12.4B
| $405K | ﹤0.01% |
41,277
-1,279,511
| -97% | -$11.2M |
|
3467
Invesco S&P 500 High Beta ETF
SPHB
$968M
| $404K | ﹤0.01% |
+4,900
| New | +$353K |
|
|
HLLY.WS
3468
DELISTED
Holley Inc Warrants
HLLY.WS
| $403K | ﹤0.01% |
732,036
| – | – |
|
|
MAXN
3469
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $402K | ﹤0.01% |
560
+60
| +12% | +$39.1K |
|
3470
Arhaus
ARHS
$1.12B
| $401K | ﹤0.01% |
+33,842
| New | +$319K |
|
|
OLK
3471
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $400K | ﹤0.01% |
15,917
-54,935
| -78% | -$1.29M |
|
3472
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.78B
| $399K | ﹤0.01% |
+12,765
| New | +$381K |
|
|
AOMR
3473
Angel Oak Mortgage REIT
AOMR
$222M
| $398K | ﹤0.01% |
37,567
+6,183
| +20% | +$58.5K |
|
3474
Essex Property Trust
ESS
$18.8B
| $397K | ﹤0.01% |
1,600
-8,984
| -85% | -$1.98M |
|
3475
Energy Vault
NRGV
$502M
| $396K | ﹤0.01% |
170,041
+150,960
| +791% | +$348K |
|
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.