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 |
Amazon
AMZN
|
+$516M |
| 2 |
Estee Lauder
EL
|
+$487M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
Nike
NKE
|
+$252M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$584M |
| 2 |
Tesla
TSLA
|
+$483M |
| 3 |
NVIDIA
NVDA
|
+$444M |
| 4 |
Eli Lilly
LLY
|
+$345M |
| 5 |
T-Mobile US
TMUS
|
+$296M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.67% |
| 2 | Consumer Discretionary | 9.3% |
| 3 | Healthcare | 7.82% |
| 4 | Financials | 5.66% |
| 5 | Industrials | 4.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ADVWW
3526
DELISTED
Advantage Solutions Warrant
ADVWW
| $269K | ﹤0.01% |
1,253,037
| – | – |
|
3527
Shutterstock
SSTK
$205M
| $269K | ﹤0.01% |
7,080
-212,262
| -97% | -$9.51M |
|
3528
MDU Resources
MDU
$4.44B
| $269K | ﹤0.01% |
+24,795
| New | +$285K |
|
|
GHL
3529
DELISTED
Greenhill & Co., Inc.
GHL
| $268K | ﹤0.01% |
18,112
-40,207
| -69% | -$593K |
|
|
AOMR
3530
Angel Oak Mortgage REIT
AOMR
$219M
| $268K | ﹤0.01% |
31,384
+12,667
| +68% | +$115K |
|
3531
SES AI Corp Warrants
SES.WS
$4.82M
| $268K | ﹤0.01% |
988,099
+311,446
| +46% | +$93.7K |
|
|
NVTA
3532
DELISTED
Invitae Corporation
NVTA
| $267K | ﹤0.01% |
441,555
-1,437,689
| -77% | -$1.49M |
|
3533
OrthoPediatrics
KIDS
$485M
| $267K | ﹤0.01% |
8,345
-14,677
| -64% | -$565K |
|
3534
York Water
YORW
$505M
| $266K | ﹤0.01% |
7,108
-3,834
| -35% | -$157K |
|
3535
PUT
Kimberly-Clark
KMB
$36.4B
| $266K | ﹤0.01% |
2,200
| – | – |
|
3536
TransDigm Group
TDG
$69.2B
| $265K | ﹤0.01% |
314
-100
| -24% | -$87.7K |
|
|
VRNT
3537
PUT
DELISTED
Verint Systems
VRNT
| $264K | ﹤0.01% |
+11,500
| New | +$371K |
|
3538
BBVA Argentina
BBAR
$3.85B
| $264K | ﹤0.01% |
63,653
-252,715
| -80% | -$1.36M |
|
3539
CALL
SBA Communications
SBAC
$18.4B
| $260K | ﹤0.01% |
1,300
-15,500
| -92% | -$3.45M |
|
3540
Center Bancorp
CNOB
$1.63B
| $260K | ﹤0.01% |
14,575
-57,559
| -80% | -$1.08M |
|
3541
Aemetis
AMTX
$119M
| $260K | ﹤0.01% |
+62,607
| New | +$383K |
|
3542
SSR Mining
SSRM
$5.57B
| $260K | ﹤0.01% |
19,540
-3,879
| -17% | -$56.2K |
|
3543
Cloudflare
NET
$93B
| $258K | ﹤0.01% |
4,100
-2,700
| -40% | -$173K |
|
|
CMLS
3544
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $258K | ﹤0.01% |
50,755
-613
| -1% | -$2.91K |
|
|
NXRT
3545
NexPoint Residential Trust
NXRT
$665M
| $258K | ﹤0.01% |
+8,028
| New | +$316K |
|
3546
Moelis & Co
MC
$4.98B
| $258K | ﹤0.01% |
+5,724
| New | +$269K |
|
3547
Eagle Materials
EXP
$6.6B
| $258K | ﹤0.01% |
1,551
-3,800
| -71% | -$690K |
|
3548
PUT
Hasbro
HAS
$12.6B
| $258K | ﹤0.01% |
3,900
-64,200
| -94% | -$4.25M |
|
|
UHGWW
3549
DELISTED
United Homes Group Warrant
UHGWW
| $257K | ﹤0.01% |
439,789
+226,209
| +106% | +$149K |
|
|
FIRY
3550
Firy Inc
FIRY
$127M
| $257K | ﹤0.01% |
50,469
-42,093
| -45% | -$374K |
|
Similar funds
D.E. Shaw & Co's Q3 2023 Portfolio in Review
As of Q3 2023, D.E. Shaw & Co held 4,689 positions worth $95.8B, down 2.2% from $97.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $2.99B in Q3 2023, closing 473 positions and reducing 1,535 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in NiSource Inc. Series A Corporate Units worth $52.6M.
- D.E. Shaw & Co's largest Q3 2023 buy was NiSource Inc. Series A Corporate Units: 540,000 shares worth $52.6M.
- D.E. Shaw & Co added most to Amazon in Q3 2023, an estimated $516M increase.
- D.E. Shaw & Co's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $584M.
- D.E. Shaw & Co fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $174M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $95.8B portfolio in Q3 2023.
- D.E. Shaw & Co opened 482 new positions and closed 473 in Q3 2023.
- D.E. Shaw & Co's portfolio value fell 2.2% quarter-over-quarter to $95.8B.
Based on D.E. Shaw & Co's 13F filing for Q3 2023, filed 14 Nov 2023.