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 |
Visa
V
|
+$365M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$307M |
| 3 |
Adobe
ADBE
|
+$250M |
| 4 |
NVIDIA
NVDA
|
+$242M |
| 5 |
Salesforce
CRM
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$520M |
| 2 |
ExxonMobil
XOM
|
+$372M |
| 3 |
Bank of America
BAC
|
+$271M |
| 4 |
Netflix
NFLX
|
+$172M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.14% |
| 2 | Financials | 9.37% |
| 3 | Healthcare | 7.49% |
| 4 | Consumer Discretionary | 6.79% |
| 5 | Communication Services | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3526
PUT
Stellantis
STLA
$17.5B
| $888K | ﹤0.01% |
75,000
| – | – |
|
3527
ProPetro Holding
PUMP
$1.28B
| $887K | ﹤0.01% |
110,203
+8,660
| +9% | +$77.4K |
|
3528
CALL
Akamai
AKAM
$15.9B
| $884K | ﹤0.01% |
+11,000
| New | +$1M |
|
3529
Erie Indemnity
ERIE
$12.8B
| $884K | ﹤0.01% |
3,976
-15,576
| -80% | -$3.28M |
|
3530
Quad
QUAD
$498M
| $880K | ﹤0.01% |
343,834
-88,332
| -20% | -$289K |
|
3531
Full House Resorts
FLL
$84.5M
| $877K | ﹤0.01% |
155,990
+3,181
| +2% | +$20.5K |
|
3532
CRA International
CRAI
$1.24B
| $876K | ﹤0.01% |
9,867
-1,506
| -13% | -$138K |
|
|
DCH
3533
CALL
Dauch Corp
DCH
$1.32B
| $872K | ﹤0.01% |
+127,700
| New | +$1.15M |
|
3534
POSCO
PKX
$14.9B
| $871K | ﹤0.01% |
23,799
-42,188
| -64% | -$1.88M |
|
3535
PUT
Brighthouse Financial
BHF
$3.67B
| $868K | ﹤0.01% |
+20,000
| New | +$910K |
|
|
HTBK
3536
DELISTED
Heritage Commerce
HTBK
| $865K | ﹤0.01% |
76,233
+6,734
| +10% | +$77.4K |
|
3537
OSI Systems
OSIS
$3.55B
| $865K | ﹤0.01% |
12,008
+1,579
| +15% | +$138K |
|
|
TRTN
3538
PUT
DELISTED
Triton International Limited
TRTN
| $865K | ﹤0.01% |
15,800
| – | – |
|
|
EWCZ
3539
DELISTED
European Wax Center
EWCZ
| $863K | ﹤0.01% |
46,783
-82,375
| -64% | -$1.62M |
|
3540
Ternium
TX
$9.38B
| $863K | ﹤0.01% |
+31,516
| New | +$1.01M |
|
|
DEN
3541
CALL
DELISTED
Denbury Inc.
DEN
| $863K | ﹤0.01% |
+10,000
| New | +$766K |
|
3542
Alcon
ALC
$33.9B
| $861K | ﹤0.01% |
14,800
-10,605
| -42% | -$736K |
|
3543
Biglari Holdings Class B
BH
$1.24B
| $861K | ﹤0.01% |
7,444
| – | – |
|
3544
Shell
SHEL
$244B
| $861K | ﹤0.01% |
+17,300
| New | +$891K |
|
3545
NovoCure
NVCR
$1.78B
| $859K | ﹤0.01% |
11,303
+4,689
| +71% | +$366K |
|
3546
Zai Lab
ZLAB
$2.06B
| $859K | ﹤0.01% |
25,113
-76,528
| -75% | -$3.27M |
|
3547
SouthState Bank Corp
SSB
$10.3B
| $858K | ﹤0.01% |
+10,841
| New | +$872K |
|
3548
Enpro
NPO
$6.25B
| $857K | ﹤0.01% |
10,082
+7,177
| +247% | +$653K |
|
3549
Provident Financial Services
PFS
$3.14B
| $855K | ﹤0.01% |
43,852
+18,624
| +74% | +$435K |
|
3550
Instil Bio
TIL
$49.2M
| $853K | ﹤0.01% |
8,808
-3,968
| -31% | -$454K |
|
Similar funds
D.E. Shaw & Co's Q3 2022 Portfolio in Review
As of Q3 2022, D.E. Shaw & Co held 5,820 positions worth $83.7B, down 1.8% from $85.3B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
D.E. Shaw & Co withdrew a net $3.66B in Q3 2022, closing 679 positions and reducing 1,597 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Prologis worth $66.1M.
- D.E. Shaw & Co's largest Q3 2022 buy was Prologis: 650,725 shares worth $66.1M.
- D.E. Shaw & Co added most to Visa in Q3 2022, an estimated $365M increase.
- D.E. Shaw & Co's biggest Q3 2022 reduction was PayPal, cutting an estimated $520M.
- D.E. Shaw & Co fully exited iShares MSCI Emerging Markets ETF in Q3 2022, selling an estimated $171M.
- D.E. Shaw & Co's ten largest holdings make up 8.7% of its $83.7B portfolio in Q3 2022.
- D.E. Shaw & Co opened 545 new positions and closed 679 in Q3 2022.
- D.E. Shaw & Co's portfolio value fell 1.8% quarter-over-quarter to $83.7B.
Based on D.E. Shaw & Co's 13F filing for Q3 2022, filed 14 Nov 2022.