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 | |
|---|---|---|---|---|---|---|
801
Waste Management
WM
$95.9B
| $21.6M | 0.02% |
120,564
-66,568
| -36% | -$11.2M |
|
802
Equinix
EQIX
$107B
| $21.5M | 0.02% |
26,728
+24,927
| +1,384% | +$19.1M |
|
|
BECN
803
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $21.5M | 0.02% |
246,937
-54,308
| -18% | -$4.26M |
|
804
Cardinal Health
CAH
$53.4B
| $21.4M | 0.02% |
+212,429
| New | +$21.1M |
|
805
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $21.4M | 0.02% |
60,000
+40,000
| +200% | +$14M |
|
|
GTLS
806
DELISTED
Chart Industries
GTLS
| $21.4M | 0.02% |
+156,871
| New | +$21.2M |
|
|
PDCO
807
DELISTED
Patterson Companies, Inc.
PDCO
| $21.4M | 0.02% |
750,508
+305,270
| +69% | +$8.99M |
|
808
IDEX
IEX
$16.5B
| $21.3M | 0.02% |
97,904
-5,635
| -5% | -$1.14M |
|
809
PUT
PNC Financial Services
PNC
$100B
| $21.2M | 0.02% |
137,200
-107,800
| -44% | -$14M |
|
810
HubSpot
HUBS
$10.5B
| $21.2M | 0.02% |
36,545
+9,825
| +37% | +$4.73M |
|
811
Pentair
PNR
$10.2B
| $21.2M | 0.02% |
291,604
-174,821
| -37% | -$11.3M |
|
812
FuboTV Inc
FUBO
$245M
| $21.2M | 0.02% |
555,316
+404,342
| +268% | +$14M |
|
813
CALL
Hershey
HSY
$35.4B
| $21.2M | 0.02% |
113,500
+65,000
| +134% | +$12.3M |
|
814
Texas Capital Bancshares
TCBI
$4.31B
| $21M | 0.02% |
324,623
-38,899
| -11% | -$2.24M |
|
815
PUT
Dow Inc
DOW
$21.6B
| $21M | 0.02% |
382,500
+25,000
| +7% | +$1.28M |
|
816
Cognex
CGNX
$10.3B
| $20.9M | 0.02% |
501,863
+222,948
| +80% | +$8.57M |
|
817
Microchip Technology
MCHP
$42.8B
| $20.9M | 0.02% |
232,116
-354,606
| -60% | -$28.9M |
|
818
Acuity Brands
AYI
$9.88B
| $20.9M | 0.02% |
101,847
-71,873
| -41% | -$13M |
|
819
CALL
Abbott
ABT
$180B
| $20.8M | 0.02% |
189,300
+70,200
| +59% | +$7.01M |
|
820
Pediatrix Medical
MD
$2.16B
| $20.8M | 0.02% |
2,240,347
+503,823
| +29% | +$5.21M |
|
821
Mohawk Industries
MHK
$6.9B
| $20.8M | 0.02% |
201,120
-17,798
| -8% | -$1.56M |
|
822
Dollar General
DG
$25.9B
| $20.8M | 0.02% |
152,814
-713,952
| -82% | -$86.6M |
|
823
Murphy USA
MUSA
$11.3B
| $20.7M | 0.02% |
58,088
+44,164
| +317% | +$16M |
|
|
B
824
Barrick Mining
B
$62.2B
| $20.7M | 0.02% |
1,144,701
-1,374,995
| -55% | -$22.6M |
|
825
CALL
Marriott International
MAR
$98.7B
| $20.6M | 0.02% |
91,400
+31,300
| +52% | +$6.35M |
|
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.