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 |
Tesla
TSLA
|
+$826M |
| 2 |
Microsoft
MSFT
|
+$549M |
| 3 |
Pinduoduo
PDD
|
+$305M |
| 4 |
Intel
INTC
|
+$274M |
| 5 |
Apple
AAPL
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$382M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$298M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$267M |
| 4 |
Procter & Gamble
PG
|
+$260M |
| 5 |
Meta Platforms (Facebook)
META
|
+$244M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.32% |
| 2 | Healthcare | 8.96% |
| 3 | Financials | 7.81% |
| 4 | Consumer Discretionary | 7.49% |
| 5 | Industrials | 4.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3501
Eldorado Gold
EGO
$8.2B
| $724K | ﹤0.01% |
86,648
-129,693
| -60% | -$919K |
|
|
VISN
3502
Vistance Networks Inc
VISN
$2.66B
| $724K | ﹤0.01% |
98,488
-54,630
| -36% | -$527K |
|
3503
CALL
America's Car Mart
CRMT
$26.8M
| $723K | ﹤0.01% |
10,000
| – | – |
|
3504
CALL
Ardmore Shipping
ASC
$689M
| $721K | ﹤0.01% |
+50,000
| New | +$664K |
|
3505
CALL
British American Tobacco
BTI
$136B
| $720K | ﹤0.01% |
18,000
-134,600
| -88% | -$5.29M |
|
|
NFBK
3506
DELISTED
Northfield Bancorp
NFBK
| $718K | ﹤0.01% |
45,635
-43,637
| -49% | -$673K |
|
3507
CALL
Itaú Unibanco
ITUB
$91.3B
| $718K | ﹤0.01% |
172,669
| – | – |
|
3508
Ducommun
DCO
$2.64B
| $718K | ﹤0.01% |
14,364
-2,328
| -14% | -$111K |
|
3509
Cable One
CABO
$242M
| $715K | ﹤0.01% |
1,005
+86
| +9% | +$64.1K |
|
3510
Caleres
CAL
$439M
| $713K | ﹤0.01% |
+32,020
| New | +$786K |
|
|
EFC
3511
Ellington Financial
EFC
$1.7B
| $713K | ﹤0.01% |
+57,667
| New | +$752K |
|
3512
Papa John's
PZZA
$1.03B
| $707K | ﹤0.01% |
8,593
-3,039
| -26% | -$239K |
|
3513
Griffon
GFF
$4.19B
| $707K | ﹤0.01% |
19,753
-20,641
| -51% | -$689K |
|
3514
RenaissanceRe
RNR
$13.7B
| $707K | ﹤0.01% |
3,835
-22,348
| -85% | -$3.77M |
|
3515
Janus International
JBI
$711M
| $706K | ﹤0.01% |
+74,150
| New | +$715K |
|
3516
Ethan Allen Interiors
ETD
$600M
| $706K | ﹤0.01% |
+26,704
| New | +$689K |
|
3517
Diageo
DEO
$48.7B
| $701K | ﹤0.01% |
3,934
-6,315
| -62% | -$1.11M |
|
|
CFLT
3518
CALL
DELISTED
Confluent
CFLT
| $701K | ﹤0.01% |
31,500
| – | – |
|
3519
CarMax
KMX
$8.51B
| $700K | ﹤0.01% |
+11,500
| New | +$738K |
|
|
CVAC
3520
DELISTED
CureVac
CVAC
| $698K | ﹤0.01% |
115,726
+60,896
| +111% | +$450K |
|
3521
Banco Macro
BMA
$5.69B
| $698K | ﹤0.01% |
42,481
-26,916
| -39% | -$386K |
|
3522
TechTarget
TTGT
$320M
| $696K | ﹤0.01% |
15,802
+594
| +4% | +$31.1K |
|
3523
Koppers
KOP
$971M
| $693K | ﹤0.01% |
24,583
-25,328
| -51% | -$684K |
|
3524
CALL
Ares Capital
ARCC
$13.6B
| $693K | ﹤0.01% |
+37,500
| New | +$704K |
|
3525
CALL
Chemours
CC
$2.56B
| $692K | ﹤0.01% |
+22,600
| New | +$678K |
|
Similar funds
D.E. Shaw & Co's Q4 2022 Portfolio in Review
As of Q4 2022, D.E. Shaw & Co held 5,609 positions worth $90.5B, up 8.1% from $83.7B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
D.E. Shaw & Co's Q4 2022 filing shows 476 new, 1,793 increased, 1,541 reduced and 783 closed positions. Its largest new stake was iShares JPMorgan USD Emerging Markets Bond ETF: 3,017,047 shares worth $255M. The largest sale was Berkshire Hathaway Class B, an estimated $382M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Financials.
- D.E. Shaw & Co's largest Q4 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 3,017,047 shares worth $255M.
- D.E. Shaw & Co added most to Tesla in Q4 2022, an estimated $826M increase.
- D.E. Shaw & Co's biggest Q4 2022 reduction was Berkshire Hathaway Class B, cutting an estimated $382M.
- D.E. Shaw & Co fully exited Twitter, Inc. in Q4 2022, selling an estimated $267M.
- D.E. Shaw & Co's ten largest holdings make up 8.3% of its $90.5B portfolio in Q4 2022.
- D.E. Shaw & Co opened 476 new positions and closed 783 in Q4 2022.
- D.E. Shaw & Co's portfolio value rose 8.1% quarter-over-quarter to $90.5B.
Based on D.E. Shaw & Co's 13F filing for Q4 2022, filed 14 Feb 2023.