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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Texas Pacific Land
TPL
$28.9B
| $13.6M | 0.01% |
92,853
-13,482
| -13% | -$2.16M |
|
1027
CALL
Lowe's Companies
LOW
$116B
| $13.5M | 0.01% |
60,000
-125,700
| -68% | -$26.1M |
|
1028
JELD-WEN Holding
JELD
$94.8M
| $13.5M | 0.01% |
771,457
+8,100
| +1% | +$113K |
|
1029
CALL
Pembina Pipeline
PBA
$29.9B
| $13.5M | 0.01% |
430,000
| – | – |
|
1030
Navitas Semiconductor
NVTS
$2.66B
| $13.5M | 0.01% |
1,281,756
+1,133,137
| +762% | +$8.77M |
|
1031
Shake Shack
SHAK
$2.3B
| $13.5M | 0.01% |
173,675
-114,898
| -40% | -$7.38M |
|
1032
Cognyte Software
CGNT
$612M
| $13.5M | 0.01% |
2,210,589
-298,827
| -12% | -$1.39M |
|
1033
Chefs' Warehouse
CHEF
$3.87B
| $13.4M | 0.01% |
375,384
-89,668
| -19% | -$2.97M |
|
1034
PUT
Halliburton
HAL
$27.9B
| $13.4M | 0.01% |
406,900
+312,400
| +331% | +$9.87M |
|
1035
LyondellBasell Industries
LYB
$19.5B
| $13.4M | 0.01% |
145,871
+49,834
| +52% | +$4.55M |
|
|
OPLN
1036
Openlane
OPLN
$4.17B
| $13.3M | 0.01% |
876,586
+66,292
| +8% | +$966K |
|
1037
PUT
Labcorp
LH
$24.3B
| $13.3M | 0.01% |
64,136
+39,692
| +162% | +$7.7M |
|
1038
CALL
Markel Group
MKL
$25B
| $13.3M | 0.01% |
9,600
+6,500
| +210% | +$8.72M |
|
|
SUM
1039
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $13.3M | 0.01% |
350,793
+165,639
| +89% | +$5.13M |
|
1040
CALL
Iron Mountain
IRM
$38.2B
| $13.2M | 0.01% |
233,100
+80,600
| +53% | +$4.41M |
|
1041
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $13.2M | 0.01% |
+122,938
| New | +$12.4M |
|
1042
Immunocore
IMCR
$1.78B
| $13.2M | 0.01% |
219,959
-94,480
| -30% | -$5.39M |
|
1043
Intapp
INTA
$2.12B
| $13.2M | 0.01% |
314,050
+169,884
| +118% | +$7.32M |
|
1044
Royalty Pharma
RPRX
$26.1B
| $13.1M | 0.01% |
426,602
+96,782
| +29% | +$3.28M |
|
1045
PUT
Emerson Electric
EMR
$82.9B
| $13.1M | 0.01% |
+145,000
| New | +$12.2M |
|
1046
LivePerson
LPSN
$18.9M
| $13.1M | 0.01% |
193,172
+73,688
| +62% | +$4.78M |
|
1047
Cencora
COR
$60.3B
| $13.1M | 0.01% |
68,058
-34,148
| -33% | -$5.91M |
|
1048
DTE Energy
DTE
$31.1B
| $13.1M | 0.01% |
118,802
-90,564
| -43% | -$10.1M |
|
1049
PUT
Toll Brothers
TOL
$14B
| $13M | 0.01% |
164,700
-59,400
| -27% | -$3.99M |
|
1050
Sprinklr
CXM
$1.33B
| $13M | 0.01% |
940,398
+603,391
| +179% | +$7.8M |
|
Similar funds
D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.