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 |
SCHW
Charles Schwab
SCHW
|
+$602M |
| 2 |
Booking.com
BKNG
|
+$582M |
| 3 |
Walmart Inc
WMT
|
+$407M |
| 4 |
Visa
V
|
+$395M |
| 5 |
Johnson & Johnson
JNJ
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$483M |
| 2 |
Salesforce
CRM
|
+$380M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$364M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$336M |
| 5 |
Colgate-Palmolive
CL
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.47% |
| 2 | Consumer Discretionary | 9.17% |
| 3 | Healthcare | 8.57% |
| 4 | Financials | 7.92% |
| 5 | Industrials | 4.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3826
PUT
Opendoor
OPEN
$3.69B
| $126K | ﹤0.01% |
73,780
-375,307
| -84% | -$618K |
|
3827
Telecom Argentina
TEO
$5.89B
| $125K | ﹤0.01% |
25,036
-11,189
| -31% | -$61.2K |
|
|
SAND
3828
DELISTED
Sandstorm Gold
SAND
| $124K | ﹤0.01% |
21,400
-177,739
| -89% | -$972K |
|
|
HLLY.WS
3829
DELISTED
Holley Inc Warrants
HLLY.WS
| $123K | ﹤0.01% |
340,762
| – | – |
|
3830
RLJ Lodging Trust
RLJ
$1.87B
| $122K | ﹤0.01% |
11,496
-149,890
| -93% | -$1.68M |
|
3831
Arcutis Biotherapeutics
ARQT
$3.42B
| $117K | ﹤0.01% |
10,629
-26,547
| -71% | -$384K |
|
3832
Erasca
ERAS
$6.63B
| $114K | ﹤0.01% |
37,880
-75,104
| -66% | -$273K |
|
3833
IonQ
IONQ
$12.3B
| $112K | ﹤0.01% |
+18,250
| New | +$85.4K |
|
|
SVC
3834
Service Properties Trust
SVC
$1.1B
| $110K | ﹤0.01% |
2,212
-26,115
| -92% | -$1.21M |
|
3835
Quantum Corp
QMCO
$437M
| $108K | ﹤0.01% |
4,705
-5,730
| -55% | -$150K |
|
|
BRSP
3836
BrightSpire Capital
BRSP
$681M
| $106K | ﹤0.01% |
18,047
-33,327
| -65% | -$228K |
|
|
SLGCW
3837
DELISTED
SomaLogic, Inc. Warrant
SLGCW
| $105K | ﹤0.01% |
390,303
| – | – |
|
3838
Century Casinos
CNTY
$32.9M
| $105K | ﹤0.01% |
14,365
-26,627
| -65% | -$222K |
|
3839
Annexon
ANNX
$855M
| $104K | ﹤0.01% |
27,136
-51,373
| -65% | -$283K |
|
3840
SES AI
SES
$186M
| $104K | ﹤0.01% |
35,352
-7,350
| -17% | -$23.2K |
|
|
TPC
3841
Tutor Perini Cor
TPC
$4.57B
| $104K | ﹤0.01% |
16,836
-39,143
| -70% | -$315K |
|
|
BHR
3842
Braemar Hotels & Resorts
BHR
$153M
| $104K | ﹤0.01% |
26,876
-54,908
| -67% | -$256K |
|
3843
American Well
AMWL
$181M
| $102K | ﹤0.01% |
2,151
+74
| +4% | +$4.75K |
|
3844
Primis Financial Corp
FRST
$382M
| $99.7K | ﹤0.01% |
10,356
-14,082
| -58% | -$160K |
|
3845
Relmada Therapeutics
RLMD
$544M
| $99.4K | ﹤0.01% |
43,962
+28,290
| +181% | +$97.5K |
|
3846
ProPetro Holding
PUMP
$1.45B
| $97.9K | ﹤0.01% |
13,620
-92,960
| -87% | -$843K |
|
|
GOGN.WS
3847
DELISTED
GoGreen Investments Corporation Redeemable Warrants
GOGN.WS
| $97.5K | ﹤0.01% |
166,666
| – | – |
|
3848
Vuzix
VUZI
$190M
| $96.4K | ﹤0.01% |
23,288
-76,875
| -77% | -$346K |
|
3849
Goldgroup Mining Inc.
GORO
$151M
| $95.5K | ﹤0.01% |
90,942
+54,071
| +147% | +$69.1K |
|
3850
Retractable Technologies
RVP
$20.4M
| $95.3K | ﹤0.01% |
54,441
-73,565
| -57% | -$139K |
|
Similar funds
D.E. Shaw & Co's Q1 2023 Portfolio in Review
As of Q1 2023, D.E. Shaw & Co held 5,246 positions worth $93.4B, up 3.2% from $90.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $9.17B in Q1 2023, closing 861 positions and reducing 1,787 holdings. Its most notable exit was SVB Financial Group, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in State Street Utilities Select Sector SPDR ETF worth $99.9M.
- D.E. Shaw & Co's largest Q1 2023 buy was State Street Utilities Select Sector SPDR ETF: 2,950,552 shares worth $99.9M.
- D.E. Shaw & Co added most to Charles Schwab in Q1 2023, an estimated $602M increase.
- D.E. Shaw & Co's biggest Q1 2023 reduction was Microsoft, cutting an estimated $483M.
- D.E. Shaw & Co fully exited SVB Financial Group in Q1 2023, selling an estimated $163M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $93.4B portfolio in Q1 2023.
- D.E. Shaw & Co opened 431 new positions and closed 861 in Q1 2023.
- D.E. Shaw & Co's portfolio value rose 3.2% quarter-over-quarter to $93.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2023, filed 15 May 2023.