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 | |
|---|---|---|---|---|---|---|
1201
Zimmer Biomet
ZBH
$18.2B
| $10.8M | 0.01% |
83,555
+65,621
| +366% | +$8.24M |
|
|
BKDT
1202
DELISTED
Brookdale Senior Living Inc. 7.00% Tangible Equity Units
BKDT
| $10.8M | 0.01% |
230,000
-50,000
| -18% | -$2.28M |
|
|
BAND
1203
Bandwidth Inc
BAND
$1.26B
| $10.8M | 0.01% |
708,478
-178,160
| -20% | -$3.58M |
|
1204
Insight Enterprises
NSIT
$3.89B
| $10.8M | 0.01% |
75,209
-38,760
| -34% | -$4.82M |
|
1205
ZipRecruiter
ZIP
$321M
| $10.7M | 0.01% |
674,110
+20,144
| +3% | +$364K |
|
1206
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $10.7M | 0.01% |
259,400
-4,248,280
| -94% | -$182M |
|
1207
Ardmore Shipping
ASC
$710M
| $10.7M | 0.01% |
722,364
-402,516
| -36% | -$6.32M |
|
|
AQUA
1208
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $10.7M | 0.01% |
215,713
+145,861
| +209% | +$6.81M |
|
|
LTHM
1209
DELISTED
Livent Corporation
LTHM
| $10.7M | 0.01% |
492,564
-291,668
| -37% | -$6.74M |
|
1210
PUT
Factset
FDS
$9.36B
| $10.7M | 0.01% |
25,700
-4,300
| -14% | -$1.79M |
|
1211
PUT
SLB Ltd
SLB
$73.6B
| $10.6M | 0.01% |
216,500
-457,700
| -68% | -$24.3M |
|
1212
NiSource
NI
$21.3B
| $10.6M | 0.01% |
379,530
+250,613
| +194% | +$6.86M |
|
|
DNAD
1213
DELISTED
Social Capital Suvretta Holdings Corp. IV Class A Ordinary Shares
DNAD
| $10.6M | 0.01% |
1,037,245
+551,215
| +113% | +$5.6M |
|
1214
PRA Group
PRAA
$663M
| $10.6M | 0.01% |
271,980
-9,872
| -4% | -$387K |
|
1215
CALL
KB Home
KBH
$3.37B
| $10.6M | 0.01% |
263,700
+158,900
| +152% | +$5.8M |
|
1216
FTI Consulting
FCN
$4.4B
| $10.6M | 0.01% |
53,530
+3,311
| +7% | +$575K |
|
1217
Wabtec
WAB
$49.1B
| $10.5M | 0.01% |
104,283
+55,779
| +115% | +$5.7M |
|
1218
CALL
Old Dominion Freight Line
ODFL
$44.1B
| $10.5M | 0.01% |
+61,800
| New | +$10.3M |
|
1219
Gartner
IT
$10.1B
| $10.5M | 0.01% |
32,320
-35,501
| -52% | -$11.7M |
|
1220
Academy Sports + Outdoors
ASO
$2.94B
| $10.5M | 0.01% |
161,352
-282,767
| -64% | -$16.7M |
|
|
AEL
1221
DELISTED
American Equity Investment Life Holding Company
AEL
| $10.5M | 0.01% |
287,754
+112,887
| +65% | +$4.8M |
|
1222
PUT
Danaher
DHR
$137B
| $10.5M | 0.01% |
46,925
-9,475
| -17% | -$2.16M |
|
1223
Church & Dwight Co
CHD
$23.4B
| $10.5M | 0.01% |
118,382
-250,496
| -68% | -$20.9M |
|
1224
PUT
Peloton Interactive
PTON
$2.77B
| $10.5M | 0.01% |
922,300
+300,600
| +48% | +$3.62M |
|
1225
CALL
iQIYI
IQ
$1.23B
| $10.4M | 0.01% |
1,435,200
+1,285,100
| +856% | +$8.82M |
|
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.