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 |
Tesla
TSLA
|
+$826M |
| 2 |
Microsoft
MSFT
|
+$549M |
| 3 |
Pinduoduo
PDD
|
+$305M |
| 4 |
Intel
INTC
|
+$274M |
| 5 |
Apple
AAPL
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$382M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$298M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$267M |
| 4 |
Procter & Gamble
PG
|
+$260M |
| 5 |
Meta Platforms (Facebook)
META
|
+$244M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 43.03% |
| 2 | Technology | 13.35% |
| 3 | Healthcare | 8.99% |
| 4 | Financials | 7.94% |
| 5 | Consumer Discretionary | 7.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
CALL
Visa
V
$688B
| $184M | 0.2% |
885,200
+316,700
| +56% | +$63.9M |
|
77
PUT
Alphabet (Google) Class C
GOOG
$4.1T
| $184M | 0.2% |
2,070,000
-482,000
| -19% | -$46M |
|
78
Cognizant
CTSH
$27B
| $183M | 0.2% |
3,198,986
+902,736
| +39% | +$52.9M |
|
|
EXE
79
Expand Energy Corp
EXE
$22.7B
| $183M | 0.2% |
1,938,557
-1,537,938
| -44% | -$152M |
|
|
80
PUT
Microsoft
MSFT
$3.67T
| $183M | 0.2% |
761,300
+210,000
| +38% | +$50.4M |
|
81
PUT
Occidental Petroleum
OXY
$60.6B
| $180M | 0.2% |
2,865,500
+584,200
| +26% | +$39.8M |
|
82
CALL
JPMorgan Chase
JPM
$940B
| $180M | 0.2% |
1,341,600
+708,900
| +112% | +$89.8M |
|
|
83
PUT
Tesla
TSLA
$1.45T
| $179M | 0.2% |
1,451,200
+878,200
| +153% | +$166M |
|
84
CALL
Bristol-Myers Squibb
BMY
$132B
| $179M | 0.2% |
2,482,900
+1,274,800
| +106% | +$96.1M |
|
85
LPL Financial
LPLA
$27.6B
| $179M | 0.2% |
825,870
+750,254
| +992% | +$175M |
|
86
CALL
Walmart Inc
WMT
$841B
| $177M | 0.2% |
3,751,200
+1,819,500
| +94% | +$86.4M |
|
87
PUT
Bank of America
BAC
$436B
| $175M | 0.19% |
5,297,200
+2,259,600
| +74% | +$77.8M |
|
88
CALL
Amazon
AMZN
$2.77T
| $175M | 0.19% |
2,078,200
-19,700
| -0.9% | -$1.95M |
|
89
PUT
Airbnb
ABNB
$103B
| $174M | 0.19% |
2,036,100
+198,600
| +11% | +$20.1M |
|
90
Elevance Health
ELV
$87.2B
| $173M | 0.19% |
338,093
+105,776
| +46% | +$53.7M |
|
91
Gilead Sciences
GILD
$182B
| $173M | 0.19% |
2,016,040
+1,563,996
| +346% | +$124M |
|
92
TJX Companies
TJX
$142B
| $172M | 0.19% |
2,164,861
+875,253
| +68% | +$64.6M |
|
93
PUT
Micron Technology
MU
$1.13T
| $169M | 0.19% |
3,376,300
-911,500
| -21% | -$49.9M |
|
94
PepsiCo
PEP
$189B
| $169M | 0.19% |
933,292
+554,803
| +147% | +$99M |
|
|
LSXMA
95
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $169M | 0.19% |
5,834,225
-8,468
| -0.1% | -$258K |
|
96
Check Point Software Technologies
CHKP
$13.6B
| $167M | 0.18% |
1,322,645
+382,739
| +41% | +$47.8M |
|
97
NVIDIA
NVDA
$5.45T
| $165M | 0.18% |
11,271,710
-8,748,790
| -44% | -$128M |
|
98
CALL
Boeing
BA
$167B
| $165M | 0.18% |
864,700
+324,100
| +60% | +$53M |
|
99
CALL
Goldman Sachs
GS
$302B
| $164M | 0.18% |
476,300
+181,400
| +62% | +$63.2M |
|
|
SIVB
100
DELISTED
SVB Financial Group
SIVB
| $163M | 0.18% |
709,633
+638,541
| +898% | +$159M |
|
Similar funds
D.E. Shaw & Co's Q4 2022 Portfolio in Review
As of Q4 2022, D.E. Shaw & Co held 5,609 positions worth $90.5B, up 8.1% from $83.7B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
D.E. Shaw & Co withdrew a net $5.29B in Q4 2022, closing 783 positions and reducing 1,541 holdings. Its most notable exit was Twitter, Inc., an estimated $267M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 43% of assets, up from 41% a quarter earlier, followed by Technology and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $255M.
- D.E. Shaw & Co's largest Q4 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 3,017,047 shares worth $255M.
- D.E. Shaw & Co added most to Tesla in Q4 2022, an estimated $826M increase.
- D.E. Shaw & Co's biggest Q4 2022 reduction was Berkshire Hathaway Class B, cutting an estimated $382M.
- D.E. Shaw & Co fully exited Twitter, Inc. in Q4 2022, selling an estimated $267M.
- D.E. Shaw & Co's ten largest holdings make up 8.3% of its $90.5B portfolio in Q4 2022.
- D.E. Shaw & Co opened 475 new positions and closed 783 in Q4 2022.
- D.E. Shaw & Co's portfolio value rose 8.1% quarter-over-quarter to $90.5B.
Based on D.E. Shaw & Co's 13F filing for Q4 2022, filed 14 Feb 2023.