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 | |
|---|---|---|---|---|---|---|
4576
CALL
Nasdaq
NDAQ
$51.5B
| – | – |
-72,300
| Closed | -$4.44M |
|
|
4577
PUT
Nasdaq
NDAQ
$51.5B
| – | – |
-8,100
| Closed | -$497K |
|
4578
Noble Corp
NE
$6.9B
| – | – |
-199,749
| Closed | -$7.53M |
|
4579
Newegg Commerce
NEGG
$296M
| – | – |
-1,660
| Closed | -$43.5K |
|
4580
NextDecade
NEXT
$1.85B
| – | – |
-15,492
| Closed | -$76.5K |
|
|
NFGC
4581
New Found Gold
NFGC
$534M
| – | – |
-22,800
| Closed | -$91.7K |
|
4582
NovaGold Resources
NG
$2.6B
| – | – |
-25,559
| Closed | -$153K |
|
4583
National Health Investors
NHI
$3.9B
| – | – |
-7,954
| Closed | -$415K |
|
4584
NN Inc
NNBR
$272M
| – | – |
-13,281
| Closed | -$19.9K |
|
4585
Northern Oil and Gas
NOG
$2.3B
| – | – |
-538,137
| Closed | -$16.8M |
|
|
4586
PUT
Northern Oil and Gas
NOG
$2.3B
| – | – |
-150,000
| Closed | -$4.62M |
|
4587
CALL
Nokia
NOK
$50.8B
| – | – |
-357,800
| Closed | -$1.66M |
|
|
NOTV
4588
DELISTED
Inotiv
NOTV
| – | – |
-31,432
| Closed | -$155K |
|
4589
NetEase
NTES
$76.5B
| – | – |
-224,547
| Closed | -$16.3M |
|
4590
Intellia Therapeutics
NTLA
$1.5B
| – | – |
-15,152
| Closed | -$529K |
|
4591
Novavax
NVAX
$1.23B
| – | – |
-632,099
| Closed | -$5.82M |
|
4592
NVE Corp
NVEC
$569M
| – | – |
-9,596
| Closed | -$621K |
|
4593
Navigator Holdings
NVGS
$1.34B
| – | – |
-11,669
| Closed | -$140K |
|
4594
NVR
NVR
$17.2B
| – | – |
-57
| Closed | -$263K |
|
4595
CALL
Novartis
NVS
$295B
| – | – |
-3,000
| Closed | -$272K |
|
|
AIIO
4596
Robo.ai Inc
AIIO
$436M
| – | – |
-844
| Closed | -$181K |
|
4597
Nexstar Media Group
NXST
$5.6B
| – | – |
-13,412
| Closed | -$2.35M |
|
4598
NextCure
NXTC
$17.3M
| – | – |
-1,155
| Closed | -$19.5K |
|
4599
CALL
Realty Income
O
$61.2B
| – | – |
-50,000
| Closed | -$3.17M |
|
4600
Omega Flex
OFLX
$298M
| – | – |
-2,219
| Closed | -$207K |
|
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.