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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.76% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
PUT
Cigna
CI
$77B
| $12.3M | 0.01% |
41,000
-10,000
| -20% | -$2.92M |
|
1127
Dynatrace
DT
$12.6B
| $12.3M | 0.01% |
224,319
-298,921
| -57% | -$15.1M |
|
1128
Dutch Bros
BROS
$8.96B
| $12.3M | 0.01% |
+387,337
| New | +$10.5M |
|
1129
Advanced Drainage Systems
WMS
$10.9B
| $12.2M | 0.01% |
87,085
+52,680
| +153% | +$6.35M |
|
1130
Tower Semiconductor
TSEM
$24.6B
| $12.2M | 0.01% |
399,554
-207,533
| -34% | -$5.41M |
|
1131
PUT
Clorox
CLX
$11.8B
| $12.2M | 0.01% |
85,400
+20,000
| +31% | +$2.67M |
|
1132
PUT
Veeva Systems
VEEV
$31.7B
| $12.1M | 0.01% |
63,100
+2,200
| +4% | +$415K |
|
1133
CALL
Credit Acceptance
CACC
$5.92B
| $12.1M | 0.01% |
22,800
+2,300
| +11% | +$1.03M |
|
|
CVSA
1134
Covista Inc
CVSA
$4.01B
| $12.1M | 0.01% |
205,866
+53,871
| +35% | +$2.87M |
|
1135
AMN Healthcare
AMN
$1.32B
| $12.1M | 0.01% |
161,199
-25,010
| -13% | -$1.79M |
|
1136
CALL
XP
XP
$8.73B
| $12M | 0.01% |
462,000
+260,300
| +129% | +$5.94M |
|
1137
EXL Service
EXLS
$4.38B
| $12M | 0.01% |
390,251
-318,107
| -45% | -$9M |
|
1138
Editas Medicine
EDIT
$411M
| $12M | 0.01% |
1,187,564
+518,819
| +78% | +$4.55M |
|
1139
PUT
Truist Financial
TFC
$64.1B
| $12M | 0.01% |
324,900
+102,600
| +46% | +$3.22M |
|
1140
CALL
Ally Financial
ALLY
$13.3B
| $12M | 0.01% |
343,400
+262,500
| +324% | +$7.33M |
|
1141
ConocoPhillips
COP
$143B
| $12M | 0.01% |
103,119
+44,448
| +76% | +$5.2M |
|
1142
Gaotu Techedu
GOTU
$374M
| $11.9M | 0.01% |
3,283,463
-269,772
| -8% | -$759K |
|
1143
Leidos
LDOS
$14.4B
| $11.9M | 0.01% |
109,702
-1,693
| -2% | -$172K |
|
1144
Nordson
NDSN
$16.5B
| $11.9M | 0.01% |
44,932
+1,071
| +2% | +$248K |
|
|
TXNM
1145
TXNM Energy Inc
TXNM
$6.47B
| $11.9M | 0.01% |
285,111
+229,645
| +414% | +$9.84M |
|
1146
PRA Group
PRAA
$686M
| $11.8M | 0.01% |
452,033
+53,107
| +13% | +$993K |
|
|
AAN
1147
DELISTED
The Aaron's Company Inc
AAN
| $11.8M | 0.01% |
1,088,208
-82,452
| -7% | -$765K |
|
1148
XPO
XPO
$24.1B
| $11.8M | 0.01% |
135,023
+46,638
| +53% | +$3.8M |
|
1149
Gildan
GIL
$9.36B
| $11.8M | 0.01% |
356,677
+165,490
| +87% | +$5.36M |
|
1150
Roper Technologies
ROP
$37.6B
| $11.7M | 0.01% |
21,538
-9,125
| -30% | -$4.7M |
|
Similar funds
D.E. Shaw & Co's Q4 2023 Portfolio in Review
As of Q4 2023, D.E. Shaw & Co held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- D.E. Shaw & Co added most to Netflix in Q4 2023, an estimated $751M increase.
- D.E. Shaw & Co's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- D.E. Shaw & Co fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- D.E. Shaw & Co opened 575 new positions and closed 527 in Q4 2023.
- D.E. Shaw & Co's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.