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 | |
|---|---|---|---|---|---|---|
1151
CALL
Southwest Airlines
LUV
$22.2B
| $11.7M | 0.01% |
406,000
+357,100
| +730% | +$9.29M |
|
1152
CALL
Analog Devices
ADI
$178B
| $11.7M | 0.01% |
59,000
+50,000
| +556% | +$8.93M |
|
1153
LivaNova
LIVN
$4.39B
| $11.7M | 0.01% |
225,946
-59,419
| -21% | -$2.88M |
|
1154
Grocery Outlet
GO
$930M
| $11.7M | 0.01% |
433,560
+45,064
| +12% | +$1.26M |
|
1155
AppFolio
APPF
$6.15B
| $11.6M | 0.01% |
67,220
+49,204
| +273% | +$9.22M |
|
1156
CALL
KLA
KLAC
$258B
| $11.6M | 0.01% |
200,000
-41,000
| -17% | -$2.13M |
|
1157
monday.com
MNDY
$3.46B
| $11.6M | 0.01% |
61,824
+21,141
| +52% | +$3.4M |
|
1158
Teekay Tankers
TNK
$2.61B
| $11.6M | 0.01% |
232,132
-45,353
| -16% | -$2.18M |
|
1159
PUT
NRG Energy
NRG
$28.8B
| $11.6M | 0.01% |
223,600
+152,100
| +213% | +$6.87M |
|
1160
Eastman Chemical
EMN
$7.8B
| $11.6M | 0.01% |
128,619
-198,080
| -61% | -$15.8M |
|
1161
Ralph Lauren
RL
$22.7B
| $11.5M | 0.01% |
79,917
+71,292
| +827% | +$8.83M |
|
1162
Penske Automotive Group
PAG
$14.2B
| $11.5M | 0.01% |
71,664
-91,331
| -56% | -$14M |
|
1163
Hyatt Hotels
H
$17.9B
| $11.5M | 0.01% |
88,136
-58,369
| -40% | -$6.62M |
|
1164
Donnelley Financial Solutions
DFIN
$1.26B
| $11.5M | 0.01% |
183,932
-20,305
| -10% | -$1.16M |
|
1165
CALL
Old Dominion Freight Line
ODFL
$47.3B
| $11.5M | 0.01% |
56,600
-81,800
| -59% | -$16.2M |
|
1166
Canadian National Railway
CNI
$77.8B
| $11.5M | 0.01% |
91,214
-240,142
| -72% | -$27.2M |
|
1167
Imperial Oil
IMO
$60.6B
| $11.4M | 0.01% |
200,490
+87,500
| +77% | +$5.03M |
|
1168
CALL
Aflac
AFL
$64.5B
| $11.4M | 0.01% |
138,100
+41,600
| +43% | +$3.35M |
|
1169
PUT
Shell
SHEL
$241B
| $11.4M | 0.01% |
173,000
+23,200
| +15% | +$1.52M |
|
1170
CALL
Thomson Reuters
TRI
$42.3B
| $11.4M | 0.01% |
76,638
+30,324
| +65% | +$4.1M |
|
1171
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $11.4M | 0.01% |
+216,949
| New | +$9.7M |
|
1172
Coca-Cola Europacific Partners
CCEP
$47.8B
| $11.4M | 0.01% |
170,342
-38,730
| -19% | -$2.37M |
|
1173
Cintas
CTAS
$84.1B
| $11.4M | 0.01% |
75,436
-64,932
| -46% | -$8.7M |
|
1174
CALL
EOG Resources
EOG
$75.7B
| $11.3M | 0.01% |
93,800
+31,300
| +50% | +$3.9M |
|
1175
Align Technology
ALGN
$12.1B
| $11.3M | 0.01% |
41,368
+30,832
| +293% | +$7.31M |
|
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.