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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3551
Nano X Imaging
NNOX
$62.4M
| $241K | ﹤0.01% |
+15,555
| New | +$216K |
|
|
BRSP
3552
BrightSpire Capital
BRSP
$681M
| $240K | ﹤0.01% |
35,600
+17,553
| +97% | +$104K |
|
3553
Motorola Solutions
MSI
$69.4B
| $239K | ﹤0.01% |
816
-2,478
| -75% | -$710K |
|
3554
PennyMac Financial
PFSI
$4.38B
| $239K | ﹤0.01% |
+3,400
| New | +$215K |
|
3555
Intuit
INTU
$81.1B
| $239K | ﹤0.01% |
521
-5,214
| -91% | -$2.28M |
|
3556
Titan Machinery
TITN
$466M
| $238K | ﹤0.01% |
8,064
-6,192
| -43% | -$187K |
|
|
CNR
3557
PUT
Core Natural Resources Inc
CNR
$4.19B
| $237K | ﹤0.01% |
3,500
| – | – |
|
|
STEL
3558
DELISTED
Stellar Bancorp
STEL
| $237K | ﹤0.01% |
10,342
-2,293
| -18% | -$53.4K |
|
|
NUTX
3559
Nutex Health
NUTX
$1B
| $236K | ﹤0.01% |
+3,736
| New | +$320K |
|
3560
Tenable Holdings
TENB
$3.56B
| $235K | ﹤0.01% |
5,400
-110,260
| -95% | -$4.5M |
|
|
EXAS
3561
DELISTED
Exact Sciences
EXAS
| $235K | ﹤0.01% |
2,500
-7,419
| -75% | -$579K |
|
|
BBUC
3562
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.42B
| $235K | ﹤0.01% |
+12,430
| New | +$249K |
|
3563
PUT
Stem
STEM
$49.2M
| $235K | ﹤0.01% |
2,050
| – | – |
|
|
NBXG
3564
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.18B
| $234K | ﹤0.01% |
+21,490
| New | +$217K |
|
3565
WesBanco
WSBC
$3.95B
| $234K | ﹤0.01% |
9,144
-15,933
| -64% | -$415K |
|
|
ETNB
3566
PUT
DELISTED
89bio
ETNB
| $233K | ﹤0.01% |
+12,300
| New | +$216K |
|
|
TRST
3567
Trustco Bank Corp NY
TRST
$977M
| $233K | ﹤0.01% |
8,140
-1,512
| -16% | -$44.4K |
|
|
CASA
3568
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $232K | ﹤0.01% |
190,049
-36,239
| -16% | -$41.8K |
|
3569
Gladstone Capital
GLAD
$425M
| $231K | ﹤0.01% |
+11,848
| New | +$225K |
|
3570
uniQure
QURE
$2.68B
| $231K | ﹤0.01% |
+20,115
| New | +$381K |
|
3571
Sphere Entertainment
SPHR
$4.88B
| $230K | ﹤0.01% |
+8,400
| New | +$278K |
|
|
RUMBW
3572
RUM Group Inc Warrant
RUMBW
$12.1M
| $229K | ﹤0.01% |
107,072
| – | – |
|
3573
PUT
Steel Dynamics
STLD
$35.6B
| $229K | ﹤0.01% |
2,100
-13,500
| -87% | -$1.37M |
|
3574
KVH Industries
KVHI
$177M
| $229K | ﹤0.01% |
25,018
+3,555
| +17% | +$35.8K |
|
3575
Precision BioSciences
DTIL
$188M
| $229K | ﹤0.01% |
14,488
-1,233
| -8% | -$28.2K |
|
Similar funds
D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.