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 | |
|---|---|---|---|---|---|---|
3676
Cavco Industries
CVCO
$4.39B
| $242K | ﹤0.01% |
699
-4,201
| -86% | -$1.2M |
|
|
ROVR
3677
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $240K | ﹤0.01% |
22,098
-232,489
| -91% | -$1.97M |
|
|
BRDG
3678
DELISTED
Bridge Investment Group
BRDG
| $239K | ﹤0.01% |
+24,400
| New | +$198K |
|
3679
Tiptree Inc
TIPT
$668M
| $238K | ﹤0.01% |
+12,579
| New | +$218K |
|
3680
CALL
Stem
STEM
$49.2M
| $237K | ﹤0.01% |
3,060
+2,175
| +246% | +$150K |
|
3681
Seres Therapeutics
MCRB
$48M
| $236K | ﹤0.01% |
+8,426
| New | +$221K |
|
3682
iShares US Technology ETF
IYW
$23.7B
| $236K | ﹤0.01% |
+1,920
| New | +$217K |
|
|
GOEV
3683
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $234K | ﹤0.01% |
1,977
+1,767
| +841% | +$239K |
|
|
NWLI
3684
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $234K | ﹤0.01% |
+484
| New | +$230K |
|
3685
Southwest Airlines
LUV
$22.1B
| $234K | ﹤0.01% |
8,088
-77,176
| -91% | -$2.01M |
|
3686
HEICO Corp
HEI
$48.9B
| $233K | ﹤0.01% |
1,300
-2,057
| -61% | -$348K |
|
3687
Midland States Bancorp
MSBI
$669M
| $231K | ﹤0.01% |
8,385
-19,999
| -70% | -$465K |
|
3688
Allegiant Air
ALGT
$2.64B
| $230K | ﹤0.01% |
+2,787
| New | +$201K |
|
|
RPT
3689
Rithm Property Trust
RPT
$90.5M
| $230K | ﹤0.01% |
+7,232
| New | +$223K |
|
3690
Sphere Entertainment
SPHR
$4.88B
| $230K | ﹤0.01% |
6,761
-7,139
| -51% | -$248K |
|
3691
Dimensional US Targeted Value ETF
DFAT
$14.5B
| $229K | ﹤0.01% |
+4,378
| New | +$205K |
|
3692
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
| $229K | ﹤0.01% |
+2,403
| New | +$207K |
|
3693
PUT
GDS Holdings
GDS
$6.34B
| $229K | ﹤0.01% |
25,100
-62,600
| -71% | -$633K |
|
3694
ZTO Express
ZTO
$18.2B
| $229K | ﹤0.01% |
10,751
-201,731
| -95% | -$4.58M |
|
3695
Meritage Homes
MTH
$4.87B
| $228K | ﹤0.01% |
2,620
-26,238
| -91% | -$1.81M |
|
|
MAG
3696
PUT
DELISTED
MAG Silver
MAG
| $228K | ﹤0.01% |
21,900
| – | – |
|
3697
PUT
Consolidated Edison
ED
$41.6B
| $227K | ﹤0.01% |
2,500
-17,200
| -87% | -$1.54M |
|
|
IRBT
3698
DELISTED
iRobot
IRBT
| $227K | ﹤0.01% |
+5,857
| New | +$208K |
|
3699
PUT
Applied Optoelectronics
AAOI
$8.04B
| $226K | ﹤0.01% |
+11,700
| New | +$153K |
|
3700
Par Pacific Holdings
PARR
$3.88B
| $225K | ﹤0.01% |
6,192
-85,065
| -93% | -$2.87M |
|
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.