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 | |
|---|---|---|---|---|---|---|
1026
PUT
Sun Life Financial
SLF
$46B
| $14M | 0.02% |
300,000
+230,000
| +329% | +$11.1M |
|
1027
nVent Electric
NVT
$24.9B
| $14M | 0.02% |
326,211
-93,015
| -22% | -$3.92M |
|
1028
ZTO Express
ZTO
$18.3B
| $14M | 0.01% |
+486,955
| New | +$13.3M |
|
1029
Cerence
CRNC
$385M
| $13.9M | 0.01% |
496,033
-274,463
| -36% | -$7.05M |
|
1030
CALL
Pembina Pipeline
PBA
$28.4B
| $13.9M | 0.01% |
430,000
+180,000
| +72% | +$6.07M |
|
1031
Manhattan Associates
MANH
$11.2B
| $13.9M | 0.01% |
89,657
+32,734
| +58% | +$4.51M |
|
1032
Acuity Brands
AYI
$9.83B
| $13.9M | 0.01% |
75,935
-6,977
| -8% | -$1.29M |
|
1033
PUT
Dow Inc
DOW
$21.9B
| $13.9M | 0.01% |
253,000
-327,300
| -56% | -$18.4M |
|
1034
CALL
Sunrun
RUN
$2.34B
| $13.9M | 0.01% |
687,900
+251,500
| +58% | +$5.87M |
|
|
CTEV
1035
Claritev Corp
CTEV
$387M
| $13.9M | 0.01% |
326,688
+24,950
| +8% | +$1.13M |
|
1036
Chubb
CB
$135B
| $13.8M | 0.01% |
71,190
-70,535
| -50% | -$14.8M |
|
1037
SLM Corp
SLM
$4.89B
| $13.8M | 0.01% |
1,115,162
+621,197
| +126% | +$9.17M |
|
1038
Linde
LIN
$221B
| $13.8M | 0.01% |
38,776
-42,137
| -52% | -$14.1M |
|
1039
Zurn Elkay Water Solutions
ZWS
$8.38B
| $13.8M | 0.01% |
644,841
+81,326
| +14% | +$1.79M |
|
1040
Bread Financial
BFH
$4.37B
| $13.7M | 0.01% |
453,438
-238,002
| -34% | -$8.91M |
|
|
CMBT
1041
CMB.TECH NV
CMBT
$4.69B
| $13.7M | 0.01% |
817,671
+656,284
| +407% | +$10.9M |
|
1042
GE HealthCare
GEHC
$30.7B
| $13.7M | 0.01% |
+167,346
| New | +$11.9M |
|
1043
GitLab
GTLB
$5.83B
| $13.7M | 0.01% |
399,858
-727,199
| -65% | -$31.9M |
|
1044
CALL
FedEx
FDX
$72.7B
| $13.7M | 0.01% |
60,000
-105,700
| -64% | -$21.5M |
|
1045
JB Hunt Transport Services
JBHT
$25.5B
| $13.7M | 0.01% |
77,817
-44,699
| -36% | -$8.13M |
|
1046
Embecta
EMBC
$216M
| $13.6M | 0.01% |
484,855
+113,030
| +30% | +$3.21M |
|
1047
CALL
United Airlines
UAL
$39.4B
| $13.6M | 0.01% |
308,100
-614,600
| -67% | -$29.4M |
|
|
QVCGA
1048
DELISTED
QVC Group Inc Series A
QVCGA
| $13.6M | 0.01% |
275,736
+101,107
| +58% | +$9.08M |
|
|
NVEI
1049
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $13.6M | 0.01% |
312,000
-24,800
| -7% | -$865K |
|
1050
PUT
PVH
PVH
$4B
| $13.6M | 0.01% |
152,300
-6,800
| -4% | -$555K |
|
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.