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 | |
|---|---|---|---|---|---|---|
876
PUT
Intuitive Surgical
ISRG
$127B
| $18M | 0.02% |
70,500
-2,100
| -3% | -$517K |
|
877
CALL
W.W. Grainger
GWW
$65.3B
| $18M | 0.02% |
26,100
+16,100
| +161% | +$10.3M |
|
878
CALL
Cigna
CI
$73.7B
| $18M | 0.02% |
70,300
-48,000
| -41% | -$14M |
|
|
TCVA
879
DELISTED
TCV Acquisition Corp. Class A Ordinary Shares
TCVA
| $17.9M | 0.02% |
1,751,851
+100,000
| +6% | +$1.01M |
|
880
Sony
SONY
$137B
| $17.8M | 0.02% |
981,410
-1,022,870
| -51% | -$17.7M |
|
881
CALL
Diamondback Energy
FANG
$57.1B
| $17.7M | 0.02% |
131,200
-134,800
| -51% | -$18.8M |
|
882
Occidental Petroleum Corp Warrants
OXY.WS
$33B
| $17.7M | 0.02% |
432,461
| – | – |
|
883
CALL
Twilio
TWLO
$30B
| $17.7M | 0.02% |
265,500
-5,300
| -2% | -$327K |
|
|
VRN
884
DELISTED
Veren
VRN
| $17.7M | 0.02% |
2,503,391
-956,300
| -28% | -$6.63M |
|
885
SLB Ltd
SLB
$73.6B
| $17.6M | 0.02% |
359,400
-891,578
| -71% | -$47.3M |
|
886
Nice
NICE
$5.79B
| $17.6M | 0.02% |
76,974
+28,756
| +60% | +$6.04M |
|
887
PagSeguro Digital
PAGS
$2.69B
| $17.6M | 0.02% |
2,052,799
+627,437
| +44% | +$5.61M |
|
888
TripAdvisor
TRIP
$1.65B
| $17.6M | 0.02% |
884,335
-306,094
| -26% | -$6.54M |
|
889
Alight
ALIT
$447M
| $17.6M | 0.02% |
95,344
+18,505
| +24% | +$3.4M |
|
890
PUT
Alpha Metallurgical Resources
AMR
$1.74B
| $17.6M | 0.02% |
112,500
-35,600
| -24% | -$5.7M |
|
891
Revolve Group
RVLV
$1.8B
| $17.5M | 0.02% |
666,574
-28,113
| -4% | -$726K |
|
892
PUT
Dell
DELL
$262B
| $17.5M | 0.02% |
435,600
-60,000
| -12% | -$2.42M |
|
893
PUT
Chewy
CHWY
$9.25B
| $17.5M | 0.02% |
467,300
-37,200
| -7% | -$1.54M |
|
894
Kratos Defense & Security Solutions
KTOS
$8.74B
| $17.4M | 0.02% |
1,294,027
-739,973
| -36% | -$8.82M |
|
895
CALL
DraftKings
DKNG
$11.6B
| $17.4M | 0.02% |
899,100
-210,900
| -19% | -$3.51M |
|
896
WillScot Mobile Mini Holdings
WSC
$4.39B
| $17.4M | 0.02% |
370,903
-86,034
| -19% | -$4.14M |
|
897
Phreesia
PHR
$663M
| $17.4M | 0.02% |
537,607
-43,639
| -8% | -$1.54M |
|
898
Atmos Energy
ATO
$28.8B
| $17.3M | 0.02% |
154,402
+93,600
| +154% | +$10.6M |
|
899
CALL
Teladoc Health
TDOC
$1.22B
| $17.3M | 0.02% |
668,400
-98,100
| -13% | -$2.63M |
|
900
Azenta
AZTA
$1.3B
| $17.2M | 0.02% |
386,424
-107,947
| -22% | -$5.35M |
|
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.