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 | |
|---|---|---|---|---|---|---|
876
PUT
VF Corp
VFC
$6.68B
| $18.9M | 0.02% |
1,005,800
-203,300
| -17% | -$3.49M |
|
877
Children's Place
PLCE
$53.6M
| $18.9M | 0.02% |
814,085
+275,323
| +51% | +$6.7M |
|
878
Axos Financial
AX
$5.45B
| $18.9M | 0.02% |
346,097
+145,093
| +72% | +$6.06M |
|
879
Mobileye
MBLY
$2.03B
| $18.9M | 0.02% |
436,104
+319,982
| +276% | +$12.6M |
|
880
PUT
Wynn Resorts
WYNN
$10.1B
| $18.9M | 0.02% |
207,200
-37,200
| -15% | -$3.3M |
|
|
LSXMA
881
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $18.9M | 0.02% |
656,782
-900,165
| -58% | -$23.6M |
|
882
PUT
Honeywell
HON
$77.1B
| $18.9M | 0.02% |
95,490
+80,105
| +521% | +$14.4M |
|
883
IDEAYA Biosciences
IDYA
$3.41B
| $18.8M | 0.02% |
529,506
+93,148
| +21% | +$2.78M |
|
884
CALL
Philip Morris
PM
$301B
| $18.8M | 0.02% |
200,000
+100,000
| +100% | +$9.21M |
|
885
Equity Residential
EQR
$25.4B
| $18.8M | 0.02% |
307,527
-76,912
| -20% | -$4.45M |
|
886
PUT
Texas Instruments
TXN
$255B
| $18.8M | 0.02% |
110,300
+86,200
| +358% | +$13.4M |
|
887
Alcoa
AA
$11.7B
| $18.8M | 0.02% |
551,854
-972,893
| -64% | -$26.3M |
|
888
CALL
Dollar Tree
DLTR
$23.1B
| $18.8M | 0.02% |
132,000
+102,000
| +340% | +$12.1M |
|
889
Canadian Solar
CSIQ
$906M
| $18.7M | 0.02% |
714,445
-287,168
| -29% | -$6.34M |
|
890
Markel Group
MKL
$25B
| $18.7M | 0.02% |
13,160
+3,878
| +42% | +$5.5M |
|
|
CPE
891
DELISTED
Callon Petroleum Company
CPE
| $18.7M | 0.02% |
575,915
-117,468
| -17% | -$4.02M |
|
892
Southern Company
SO
$110B
| $18.6M | 0.02% |
265,510
+246,305
| +1,283% | +$16.9M |
|
893
Pebblebrook Hotel Trust
PEB
$2.16B
| $18.6M | 0.02% |
1,164,582
+282,615
| +32% | +$3.76M |
|
894
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $18.6M | 0.02% |
+364,300
| New | +$17.9M |
|
895
BILL Holdings
BILL
$4.33B
| $18.6M | 0.02% |
227,709
+120,533
| +112% | +$9.9M |
|
896
BioMarin Pharmaceuticals
BMRN
$11.5B
| $18.6M | 0.02% |
192,452
-331,687
| -63% | -$29.3M |
|
897
Middleby
MIDD
$6.05B
| $18.5M | 0.02% |
126,038
-133,871
| -52% | -$17M |
|
898
CALL
Iron Mountain
IRM
$38.2B
| $18.5M | 0.02% |
264,500
+4,800
| +2% | +$301K |
|
899
Workiva
WK
$2.94B
| $18.5M | 0.02% |
182,034
-50,501
| -22% | -$4.87M |
|
900
Sea Limited
SE
$61.2B
| $18.5M | 0.02% |
456,113
-265,913
| -37% | -$10.8M |
|
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.