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 | |
|---|---|---|---|---|---|---|
|
DOCU
701
PUT
DocuSign
DOCU
$9.63B
| $24.9M | 0.03% |
486,800
-36,100
| -7% | -$1.91M |
|
|
AEL
702
DELISTED
American Equity Investment Life Holding Company
AEL
| $24.8M | 0.03% |
476,261
+188,507
| +66% | +$7.58M |
|
703
PUT
EOG Resources
EOG
$78B
| $24.8M | 0.03% |
216,600
-29,900
| -12% | -$3.41M |
|
704
NetApp
NTAP
$32.9B
| $24.7M | 0.03% |
323,440
-1,085,554
| -77% | -$73.3M |
|
705
PUT
PNC Financial Services
PNC
$100B
| $24.6M | 0.03% |
195,600
+171,800
| +722% | +$21M |
|
706
Leidos
LDOS
$14.1B
| $24.6M | 0.03% |
278,117
+206,116
| +286% | +$17.6M |
|
|
ATVI
707
CALL
DELISTED
Activision Blizzard
ATVI
| $24.6M | 0.03% |
291,800
+246,800
| +548% | +$20M |
|
708
Aehr Test Systems
AEHR
$2.48B
| $24.6M | 0.03% |
596,294
+315,645
| +112% | +$10.4M |
|
709
Pediatrix Medical
MD
$2.16B
| $24.6M | 0.03% |
1,729,149
+307,931
| +22% | +$4.32M |
|
710
PUT
Wayfair
W
$11.1B
| $24.3M | 0.02% |
374,000
-407,500
| -52% | -$17.2M |
|
711
Western Digital
WDC
$179B
| $24.2M | 0.02% |
844,638
+666,392
| +374% | +$18.5M |
|
|
WBA
712
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $24.1M | 0.02% |
847,000
+77,800
| +10% | +$2.53M |
|
713
KE Holdings
BEKE
$16.8B
| $24.1M | 0.02% |
+1,624,508
| New | +$26.5M |
|
714
PUT
VF Corp
VFC
$6.68B
| $24.1M | 0.02% |
1,262,000
+212,100
| +20% | +$4.35M |
|
715
CALL
Intel
INTC
$466B
| $24.1M | 0.02% |
719,400
-600,000
| -45% | -$18.8M |
|
716
MGM Resorts International
MGM
$11.7B
| $24M | 0.02% |
547,228
-1,697,069
| -76% | -$72.5M |
|
717
PUT
Newmont
NEM
$98.2B
| $24M | 0.02% |
562,500
-614,600
| -52% | -$27.9M |
|
718
PUT
Paycom
PAYC
$6.78B
| $24M | 0.02% |
74,600
+10,000
| +15% | +$2.95M |
|
719
PUT
Lockheed Martin
LMT
$134B
| $23.9M | 0.02% |
52,000
+9,100
| +21% | +$4.22M |
|
720
PUT
Marvell Technology
MRVL
$174B
| $23.9M | 0.02% |
400,000
-30,800
| -7% | -$1.5M |
|
721
Globe Life
GL
$13.5B
| $23.9M | 0.02% |
217,918
+40,278
| +23% | +$4.33M |
|
722
CALL
Dick's Sporting Goods
DKS
$18.4B
| $23.7M | 0.02% |
179,600
-43,700
| -20% | -$5.98M |
|
723
WIX.com
WIX
$2.15B
| $23.7M | 0.02% |
303,057
+4,392
| +1% | +$361K |
|
724
PUT
APA Corp
APA
$12.8B
| $23.7M | 0.02% |
692,200
+157,500
| +29% | +$5.5M |
|
725
Upwork
UPWK
$1.09B
| $23.5M | 0.02% |
2,519,142
-248,214
| -9% | -$2.25M |
|
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.