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 | |
|---|---|---|---|---|---|---|
|
GDEN
3576
DELISTED
Golden Entertainment
GDEN
| $227K | ﹤0.01% |
5,423
-21,523
| -80% | -$901K |
|
|
ARI
3577
Apollo Commercial Real Estate
ARI
$887M
| $226K | ﹤0.01% |
19,982
+1,147
| +6% | +$11.6K |
|
3578
RUM Group Inc
RUM
$1.57B
| $226K | ﹤0.01% |
25,342
+10,268
| +68% | +$96.7K |
|
3579
Affirm
AFRM
$23.5B
| $225K | ﹤0.01% |
+14,700
| New | +$195K |
|
|
APCA
3580
DELISTED
AP Acquisition Corp
APCA
| $224K | ﹤0.01% |
+20,860
| New | +$222K |
|
3581
CytomX Therapeutics
CTMX
$705M
| $224K | ﹤0.01% |
130,460
-170,381
| -57% | -$283K |
|
3582
PUT
Ross Stores
ROST
$76.6B
| $224K | ﹤0.01% |
+2,000
| New | +$210K |
|
3583
MaxCyte
MXCT
$116M
| $223K | ﹤0.01% |
48,582
-17,626
| -27% | -$81K |
|
3584
Douglas Dynamics
PLOW
$1.07B
| $222K | ﹤0.01% |
7,437
-5,913
| -44% | -$174K |
|
3585
CALL
GoodRx Holdings
GDRX
$1B
| $221K | ﹤0.01% |
40,000
| – | – |
|
|
DOOR
3586
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $221K | ﹤0.01% |
2,155
-385
| -15% | -$36.1K |
|
3587
Stem
STEM
$49.2M
| $220K | ﹤0.01% |
1,921
-31
| -2% | -$3.08K |
|
3588
CALL
Lincoln National
LNC
$7.91B
| $216K | ﹤0.01% |
+8,400
| New | +$184K |
|
3589
Arcos Dorados Holdings
ARCO
$1.73B
| $216K | ﹤0.01% |
21,089
-56,324
| -73% | -$482K |
|
|
LBAI
3590
DELISTED
Lakeland Bancorp Inc
LBAI
| $215K | ﹤0.01% |
16,094
-55,296
| -77% | -$772K |
|
|
DX
3591
Dynex Capital
DX
$2.99B
| $215K | ﹤0.01% |
17,043
+9
| +0.1% | +$105 |
|
3592
Actinium Pharmaceuticals
ATNM
$27M
| $213K | ﹤0.01% |
28,754
-12,144
| -30% | -$103K |
|
3593
Pacira BioSciences
PCRX
$1.02B
| $213K | ﹤0.01% |
5,309
-13,723
| -72% | -$567K |
|
3594
DT Midstream
DTM
$14.9B
| $212K | ﹤0.01% |
4,274
-6,855
| -62% | -$328K |
|
3595
PUT
Sweetgreen
SG
$713M
| $212K | ﹤0.01% |
16,500
| – | – |
|
|
CMLS
3596
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $211K | ﹤0.01% |
51,368
-17,516
| -25% | -$58.9K |
|
3597
SES AI Corp Warrants
SES.WS
$4.82M
| $210K | ﹤0.01% |
676,653
| – | – |
|
|
TE
3598
T1 Energy
TE
$1.4B
| $209K | ﹤0.01% |
22,355
+310
| +1% | +$2.33K |
|
3599
United Microelectronic
UMC
$48.9B
| $208K | ﹤0.01% |
26,374
-211,763
| -89% | -$1.74M |
|
3600
UWM Holdings
UWMC
$621M
| $207K | ﹤0.01% |
37,005
-189,796
| -84% | -$1.02M |
|
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.