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 | |
|---|---|---|---|---|---|---|
1051
Enovis
ENOV
$1.69B
| $12.3M | 0.01% |
232,518
+17,775
| +8% | +$1.04M |
|
|
AAN
1052
DELISTED
The Aaron's Company Inc
AAN
| $12.3M | 0.01% |
1,170,660
+365,738
| +45% | +$4.66M |
|
|
PARA
1053
DELISTED
Paramount Global Class B
PARA
| $12.2M | 0.01% |
949,136
+10,152
| +1% | +$150K |
|
1054
Knight Transportation
KNX
$11.4B
| $12.2M | 0.01% |
243,394
+187,153
| +333% | +$10.4M |
|
1055
Tidewater
TDW
$3.65B
| $12.2M | 0.01% |
171,570
+62,600
| +57% | +$3.95M |
|
1056
Insight Enterprises
NSIT
$3.86B
| $12.2M | 0.01% |
83,666
+8,064
| +11% | +$1.2M |
|
|
P
1057
Everpure Inc
P
$25B
| $12.2M | 0.01% |
341,523
-415,449
| -55% | -$15.4M |
|
|
EB
1058
DELISTED
Eventbrite
EB
| $12.1M | 0.01% |
1,227,767
+28,869
| +2% | +$296K |
|
|
DVAX
1059
DELISTED
Dynavax Technologies
DVAX
| $12.1M | 0.01% |
819,610
+16,991
| +2% | +$239K |
|
1060
Burford Capital
BUR
$922M
| $12.1M | 0.01% |
863,864
-439,514
| -34% | -$5.99M |
|
1061
Wabash National
WNC
$505M
| $12M | 0.01% |
570,320
+164,823
| +41% | +$3.79M |
|
1062
National Vision
EYE
$1.79B
| $12M | 0.01% |
744,224
+587,680
| +375% | +$11.8M |
|
1063
PUT
Snap
SNAP
$7.89B
| $12M | 0.01% |
1,350,000
-295,200
| -18% | -$3.08M |
|
1064
CALL
D.R. Horton
DHI
$40.7B
| $12M | 0.01% |
+111,700
| New | +$13.4M |
|
1065
Acushnet Holdings
GOLF
$5.88B
| $12M | 0.01% |
226,134
-171,088
| -43% | -$9.62M |
|
|
HPP
1066
Hudson Pacific Properties
HPP
$766M
| $12M | 0.01% |
257,513
-87,638
| -25% | -$3.76M |
|
1067
Pebblebrook Hotel Trust
PEB
$2.1B
| $12M | 0.01% |
881,967
+39,571
| +5% | +$567K |
|
1068
Rogers Corp
ROG
$2.18B
| $12M | 0.01% |
91,005
+4,819
| +6% | +$719K |
|
1069
Trane Technologies
TT
$97.3B
| $11.9M | 0.01% |
58,861
-60,458
| -51% | -$12.1M |
|
1070
Lantheus
LNTH
$6.58B
| $11.9M | 0.01% |
171,356
-386,997
| -69% | -$28.3M |
|
|
CBAY
1071
DELISTED
Cymabay Therapeutics
CBAY
| $11.9M | 0.01% |
798,009
+105,608
| +15% | +$1.4M |
|
1072
CALL
Franco-Nevada
FNV
$42.7B
| $11.9M | 0.01% |
89,000
+13,600
| +18% | +$1.92M |
|
1073
Warrior Met Coal
HCC
$4.25B
| $11.9M | 0.01% |
232,188
-304,339
| -57% | -$12.8M |
|
1074
Principal Financial Group
PFG
$24.4B
| $11.8M | 0.01% |
164,367
+18,697
| +13% | +$1.45M |
|
1075
Arch Capital
ACGL
$34.5B
| $11.8M | 0.01% |
148,598
-156,639
| -51% | -$12.2M |
|
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.