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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.76% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3551
Stanley Black & Decker
SWK
$14.2B
| $334K | ﹤0.01% |
+3,400
| New | +$299K |
|
3552
Enel Chile
ENIC
$5.96B
| $333K | ﹤0.01% |
102,856
-108,046
| -51% | -$336K |
|
3553
CALL
XPO
XPO
$25B
| $333K | ﹤0.01% |
3,800
-3,700
| -49% | -$302K |
|
3554
CALL
Weatherford International
WFRD
$6.36B
| $333K | ﹤0.01% |
3,400
-78,900
| -96% | -$7.34M |
|
3555
Maximus
MMS
$3.14B
| $332K | ﹤0.01% |
3,961
-37,151
| -90% | -$2.96M |
|
3556
Qfin Holdings
QFIN
$1.61B
| $332K | ﹤0.01% |
20,969
-57,946
| -73% | -$888K |
|
3557
First Trust North American Energy Infrastructure Fund
EMLP
$4.18B
| $331K | ﹤0.01% |
+11,942
| New | +$322K |
|
3558
CALL
Gildan
GIL
$9.25B
| $331K | ﹤0.01% |
+10,000
| New | +$324K |
|
3559
CALL
SBA Communications
SBAC
$18.4B
| $330K | ﹤0.01% |
1,300
| – | – |
|
3560
Global X Lithium & Battery Tech ETF
LIT
$1.49B
| $329K | ﹤0.01% |
+6,465
| New | +$321K |
|
3561
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.72B
| $329K | ﹤0.01% |
+9,166
| New | +$311K |
|
|
PDM
3562
Piedmont Realty Trust
PDM
$1.22B
| $328K | ﹤0.01% |
46,102
-181,469
| -80% | -$1.1M |
|
3563
Barrett Business Services
BBSI
$976M
| $327K | ﹤0.01% |
+11,312
| New | +$292K |
|
3564
BBVA Argentina
BBAR
$3.85B
| $327K | ﹤0.01% |
60,115
-3,538
| -6% | -$16.6K |
|
3565
Eastern Bankshares
EBC
$5.25B
| $325K | ﹤0.01% |
+22,911
| New | +$286K |
|
3566
Bionano Genomics
BNGO
$12.7M
| $325K | ﹤0.01% |
+2,863
| New | +$299K |
|
3567
First Trust Rising Dividend Achievers ETF
RDVY
$24.3B
| $323K | ﹤0.01% |
+6,253
| New | +$296K |
|
|
3568
PUT
Weatherford International
WFRD
$6.36B
| $323K | ﹤0.01% |
3,300
+600
| +22% | +$55.8K |
|
|
CKPT
3569
DELISTED
Checkpoint Therapeutics
CKPT
| $322K | ﹤0.01% |
+140,546
| New | +$306K |
|
3570
Innodata
INOD
$1.83B
| $321K | ﹤0.01% |
39,460
+15,049
| +62% | +$119K |
|
|
ASRT
3571
DELISTED
Assertio
ASRT
| $321K | ﹤0.01% |
19,990
| – | – |
|
3572
Centrus Energy
LEU
$3.22B
| $320K | ﹤0.01% |
5,887
-11,394
| -66% | -$596K |
|
|
OBE
3573
Obsidian Energy
OBE
$707M
| $320K | ﹤0.01% |
47,200
-49,700
| -51% | -$383K |
|
3574
Lincoln Electric
LECO
$13.8B
| $320K | ﹤0.01% |
1,472
+60
| +4% | +$11.6K |
|
3575
CALL
C.H. Robinson
CHRW
$22B
| $320K | ﹤0.01% |
3,700
| – | – |
|
Similar funds
D.E. Shaw & Co's Q4 2023 Portfolio in Review
As of Q4 2023, D.E. Shaw & Co held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- D.E. Shaw & Co added most to Netflix in Q4 2023, an estimated $751M increase.
- D.E. Shaw & Co's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- D.E. Shaw & Co fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- D.E. Shaw & Co opened 575 new positions and closed 527 in Q4 2023.
- D.E. Shaw & Co's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.