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 | |
|---|---|---|---|---|---|---|
|
EMBJ
3526
Embraer S.A. ADS
EMBJ
$12.1B
| $386K | ﹤0.01% |
23,577
-464,169
| -95% | -$6.18M |
|
|
SCS
3527
DELISTED
Steelcase
SCS
| $385K | ﹤0.01% |
+45,776
| New | +$351K |
|
3528
Armstrong World Industries
AWI
$7.01B
| $385K | ﹤0.01% |
+5,408
| New | +$405K |
|
3529
CALL
Burlington
BURL
$22.5B
| $384K | ﹤0.01% |
1,900
-8,100
| -81% | -$1.77M |
|
3530
MKS Inc
MKSI
$21.3B
| $382K | ﹤0.01% |
+4,306
| New | +$411K |
|
3531
Invesco Mortgage Capital
IVR
$763M
| $380K | ﹤0.01% |
34,293
-155,471
| -82% | -$2M |
|
3532
Oil States International
OIS
$512M
| $379K | ﹤0.01% |
45,558
-9,560
| -17% | -$81.1K |
|
|
TWO
3533
Two Harbors Investment
TWO
$1.27B
| $378K | ﹤0.01% |
25,697
+11,682
| +83% | +$190K |
|
3534
Goosehead Insurance
GSHD
$1.47B
| $378K | ﹤0.01% |
7,239
+939
| +15% | +$40.8K |
|
3535
Groupon
GRPN
$1.05B
| $378K | ﹤0.01% |
89,709
-274,570
| -75% | -$1.9M |
|
3536
CubeSmart
CUBE
$9.56B
| $377K | ﹤0.01% |
8,156
-3,627
| -31% | -$163K |
|
3537
Archer Aviation Redeemable Warrants
ACHR.WS
$25.2M
| $374K | ﹤0.01% |
875,335
| – | – |
|
3538
PUT
Peabody Energy
BTU
$2.79B
| $374K | ﹤0.01% |
14,600
-183,100
| -93% | -$4.86M |
|
3539
BlackRock TCP Capital
TCPC
$265M
| $374K | ﹤0.01% |
36,271
-3,984
| -10% | -$48.2K |
|
3540
Papa John's
PZZA
$1.01B
| $369K | ﹤0.01% |
4,931
-3,662
| -43% | -$310K |
|
3541
Kearny Financial
KRNY
$595M
| $368K | ﹤0.01% |
45,358
-122,160
| -73% | -$1.17M |
|
|
ATRI
3542
DELISTED
Atrion Corp
ATRI
| $368K | ﹤0.01% |
586
| – | – |
|
3543
Telephone and Data Systems
TDS
$3.84B
| $367K | ﹤0.01% |
34,892
+21,392
| +158% | +$249K |
|
3544
Target
TGT
$63.8B
| $364K | ﹤0.01% |
2,200
-68,302
| -97% | -$11.2M |
|
|
NKLA
3545
CALL
DELISTED
Nikola Corporation Common Stock
NKLA
| $363K | ﹤0.01% |
10,000
-27
| -0.3% | -$1.77K |
|
3546
UDR
UDR
$12.8B
| $363K | ﹤0.01% |
8,839
-69,869
| -89% | -$2.89M |
|
3547
Stoneridge
SRI
$210M
| $362K | ﹤0.01% |
19,377
-23,179
| -54% | -$498K |
|
3548
PUT
Ovintiv
OVV
$16.7B
| $360K | ﹤0.01% |
10,000
-50,000
| -83% | -$2.21M |
|
|
KALV
3549
DELISTED
KalVista Pharmaceuticals
KALV
| $359K | ﹤0.01% |
45,664
+1,851
| +4% | +$13.8K |
|
3550
SSR Mining
SSRM
$5.48B
| $359K | ﹤0.01% |
23,715
-29,362
| -55% | -$447K |
|
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.