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 |
Amazon
AMZN
|
+$516M |
| 2 |
Estee Lauder
EL
|
+$487M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
Nike
NKE
|
+$252M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$584M |
| 2 |
Tesla
TSLA
|
+$483M |
| 3 |
NVIDIA
NVDA
|
+$444M |
| 4 |
Eli Lilly
LLY
|
+$345M |
| 5 |
T-Mobile US
TMUS
|
+$296M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.67% |
| 2 | Consumer Discretionary | 9.3% |
| 3 | Healthcare | 7.82% |
| 4 | Financials | 5.66% |
| 5 | Industrials | 4.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCPL
1001
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $13.4M | 0.01% |
587,392
-194,100
| -25% | -$4.17M |
|
1002
CALL
Manulife Financial
MFC
$74B
| $13.3M | 0.01% |
730,200
-509,800
| -41% | -$9.64M |
|
1003
CALL
Baidu
BIDU
$36.5B
| $13.3M | 0.01% |
99,300
-34,300
| -26% | -$4.81M |
|
1004
PUT
SLB Ltd
SLB
$72.6B
| $13.3M | 0.01% |
228,500
-100,200
| -30% | -$5.81M |
|
|
VRE
1005
DELISTED
Veris Residential
VRE
| $13.3M | 0.01% |
807,023
+133,180
| +20% | +$2.34M |
|
|
PDCO
1006
DELISTED
Patterson Companies, Inc.
PDCO
| $13.2M | 0.01% |
445,238
+153,965
| +53% | +$4.89M |
|
1007
HubSpot
HUBS
$11.9B
| $13.2M | 0.01% |
26,720
-24,659
| -48% | -$12.9M |
|
1008
CALL
Generac Holdings
GNRC
$11.3B
| $13.1M | 0.01% |
120,000
+13,400
| +13% | +$1.66M |
|
1009
Southern Copper
SCCO
$145B
| $13.1M | 0.01% |
187,176
+85,074
| +83% | +$6.22M |
|
1010
Coca-Cola Europacific Partners
CCEP
$49.3B
| $13.1M | 0.01% |
209,072
+95,067
| +83% | +$6.05M |
|
1011
IPG Photonics
IPGP
$3.6B
| $13.1M | 0.01% |
128,636
+1,498
| +1% | +$169K |
|
1012
Pinterest
PINS
$13.7B
| $13M | 0.01% |
482,520
-771,059
| -62% | -$21M |
|
1013
WEC Energy
WEC
$35.9B
| $12.9M | 0.01% |
160,586
-6,961
| -4% | -$605K |
|
|
SPLK
1014
CALL
DELISTED
Splunk Inc
SPLK
| $12.9M | 0.01% |
88,300
| – | – |
|
1015
Toll Brothers
TOL
$14B
| $12.9M | 0.01% |
174,248
+34,955
| +25% | +$2.76M |
|
1016
Wabtec
WAB
$49.4B
| $12.9M | 0.01% |
121,231
+39,540
| +48% | +$4.4M |
|
1017
Genworth Financial
GNW
$3.81B
| $12.9M | 0.01% |
2,198,388
-611,180
| -22% | -$3.53M |
|
1018
GoPro
GPRO
$124M
| $12.9M | 0.01% |
4,101,096
+274,435
| +7% | +$1.04M |
|
1019
PNC Financial Services
PNC
$99.2B
| $12.9M | 0.01% |
104,817
-212,550
| -67% | -$26.7M |
|
1020
Vulcan Materials
VMC
$35.1B
| $12.9M | 0.01% |
63,698
+42,402
| +199% | +$9.22M |
|
1021
LegalZoom.com
LZ
$1.35B
| $12.8M | 0.01% |
1,173,057
-288,254
| -20% | -$3.53M |
|
1022
Hewlett Packard
HPE
$62.4B
| $12.8M | 0.01% |
738,016
+616,325
| +506% | +$10.6M |
|
1023
Dell
DELL
$262B
| $12.8M | 0.01% |
185,711
+179,141
| +2,727% | +$10.7M |
|
1024
FTI Consulting
FCN
$4.53B
| $12.7M | 0.01% |
71,378
-108
| -0.2% | -$20.1K |
|
1025
Novartis
NVS
$301B
| $12.7M | 0.01% |
124,923
-142,019
| -53% | -$14.4M |
|
Similar funds
D.E. Shaw & Co's Q3 2023 Portfolio in Review
As of Q3 2023, D.E. Shaw & Co held 4,689 positions worth $95.8B, down 2.2% from $97.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $2.99B in Q3 2023, closing 473 positions and reducing 1,535 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in NiSource Inc. Series A Corporate Units worth $52.6M.
- D.E. Shaw & Co's largest Q3 2023 buy was NiSource Inc. Series A Corporate Units: 540,000 shares worth $52.6M.
- D.E. Shaw & Co added most to Amazon in Q3 2023, an estimated $516M increase.
- D.E. Shaw & Co's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $584M.
- D.E. Shaw & Co fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $174M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $95.8B portfolio in Q3 2023.
- D.E. Shaw & Co opened 482 new positions and closed 473 in Q3 2023.
- D.E. Shaw & Co's portfolio value fell 2.2% quarter-over-quarter to $95.8B.
Based on D.E. Shaw & Co's 13F filing for Q3 2023, filed 14 Nov 2023.