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 | |
|---|---|---|---|---|---|---|
4526
KeyCorp
KEY
$24.3B
| – | – |
-31,535
| Closed | -$549K |
|
4527
CALL
Keysight
KEYS
$54.5B
| – | – |
-20,000
| Closed | -$3.42M |
|
4528
Kforce
KFRC
$983M
| – | – |
-9,954
| Closed | -$546K |
|
4529
PUT
Kinross Gold
KGC
$28.5B
| – | – |
-121,200
| Closed | -$496K |
|
4530
CALL
KKR & Co
KKR
$89.2B
| – | – |
-82,800
| Closed | -$3.84M |
|
|
4531
PUT
KKR & Co
KKR
$89.2B
| – | – |
-51,200
| Closed | -$2.38M |
|
4532
PUT
Kimberly-Clark
KMB
$36.4B
| – | – |
-25,000
| Closed | -$3.39M |
|
4533
CALL
Kinsale Capital Group
KNSL
$7.95B
| – | – |
-27,400
| Closed | -$7.17M |
|
4534
Kinetik
KNTK
$3.71B
| – | – |
-40,539
| Closed | -$1.34M |
|
4535
Katapult Holdings
KPLT
$32.8M
| – | – |
-1,248
| Closed | -$29.8K |
|
4536
PUT
Kroger
KR
$34.8B
| – | – |
-30,000
| Closed | -$1.34M |
|
|
KW
4537
DELISTED
Kennedy-Wilson Holdings
KW
| – | – |
-12,531
| Closed | -$197K |
|
4538
Lithia Motors
LAD
$7.78B
| – | – |
-7,921
| Closed | -$1.93M |
|
4539
Lamar Advertising Co
LAMR
$16.2B
| – | – |
-2,491
| Closed | -$235K |
|
4540
LCI Industries
LCII
$2.51B
| – | – |
-20,118
| Closed | -$1.86M |
|
|
LDTC
4541
DELISTED
LeddarTech
LDTC
| – | – |
-3,212,138
| Closed | -$16M |
|
4542
Leslie's
LESL
$11.6M
| – | – |
-4,594
| Closed | -$1.12M |
|
4543
Lifecore Biomedical
LFCR
$162M
| – | – |
-47,971
| Closed | -$311K |
|
4544
PUT
LGI Homes
LGIH
$1.4B
| – | – |
-10,000
| Closed | -$926K |
|
|
LGO
4545
Largo
LGO
$62.8M
| – | – |
-10,600
| Closed | -$57.4K |
|
4546
Li Auto
LI
$12.6B
| – | – |
-161,434
| Closed | -$3.81M |
|
4547
AEye
LIDR
$52.3M
| – | – |
-924
| Closed | -$13.3K |
|
4548
Limoneira
LMNR
$237M
| – | – |
-12,931
| Closed | -$158K |
|
4549
LG Display
LPL
$3.17B
| – | – |
-60,175
| Closed | -$298K |
|
4550
PUT
Louisiana-Pacific
LPX
$5.2B
| – | – |
-114,700
| Closed | -$6.79M |
|
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.