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 | |
|---|---|---|---|---|---|---|
1201
Nordson
NDSN
$16.4B
| $9.79M | 0.01% |
43,861
+37,025
| +542% | +$8.86M |
|
1202
PUT
Unum
UNM
$13.7B
| $9.78M | 0.01% |
198,900
| – | – |
|
1203
Avnet
AVT
$7.12B
| $9.75M | 0.01% |
202,303
+176,257
| +677% | +$8.51M |
|
1204
CALL
Bunge Global
BG
$20.4B
| $9.74M | 0.01% |
90,000
+40,000
| +80% | +$4.38M |
|
1205
CALL
Hershey
HSY
$35.9B
| $9.7M | 0.01% |
48,500
| – | – |
|
1206
Navitas Semiconductor
NVTS
$2.87B
| $9.69M | 0.01% |
1,394,690
+112,934
| +9% | +$1,000K |
|
1207
US Foods
USFD
$22.1B
| $9.69M | 0.01% |
244,058
+161,148
| +194% | +$6.68M |
|
1208
CALL
Consolidated Edison
ED
$40.4B
| $9.68M | 0.01% |
113,200
| – | – |
|
1209
NNN REIT
NNN
$9.16B
| $9.68M | 0.01% |
273,926
+222,735
| +435% | +$8.93M |
|
1210
Lear
LEA
$7.33B
| $9.66M | 0.01% |
+71,993
| New | +$10.4M |
|
1211
PUT
Shell
SHEL
$250B
| $9.64M | 0.01% |
149,800
+71,600
| +92% | +$4.46M |
|
1212
CALL
Axcelis
ACLS
$3.85B
| $9.62M | 0.01% |
59,000
+22,100
| +60% | +$3.89M |
|
1213
Photronics
PLAB
$1.74B
| $9.6M | 0.01% |
475,224
+192,783
| +68% | +$4.5M |
|
1214
CALL
HubSpot
HUBS
$11.9B
| $9.6M | 0.01% |
19,500
| – | – |
|
1215
General Mills
GIS
$19.4B
| $9.56M | 0.01% |
149,449
-63,972
| -30% | -$4.52M |
|
1216
NeoGenomics
NEO
$2.04B
| $9.55M | 0.01% |
776,462
-117,493
| -13% | -$1.75M |
|
1217
MillerKnoll
MLKN
$1.53B
| $9.53M | 0.01% |
389,676
-220,168
| -36% | -$4.12M |
|
1218
CALL
Crown Castle
CCI
$33.4B
| $9.53M | 0.01% |
103,500
+83,800
| +425% | +$8.68M |
|
|
XYZ
1219
Block Inc
XYZ
$49.2B
| $9.52M | 0.01% |
215,029
-1,261,100
| -85% | -$78.1M |
|
1220
Altria Group
MO
$113B
| $9.46M | 0.01% |
224,919
+114,376
| +103% | +$5.05M |
|
1221
CALL
Credit Acceptance
CACC
$5.81B
| $9.43M | 0.01% |
20,500
+3,500
| +21% | +$1.77M |
|
1222
Jones Lang LaSalle
JLL
$16.8B
| $9.42M | 0.01% |
66,746
+42,258
| +173% | +$6.9M |
|
1223
CALL
Digital Realty Trust
DLR
$71.5B
| $9.42M | 0.01% |
77,800
-32,900
| -30% | -$4.04M |
|
1224
CALL
First Citizens BancShares
FCNCA
$24.6B
| $9.38M | 0.01% |
6,800
-4,600
| -40% | -$6.32M |
|
1225
Assured Guaranty
AGO
$3.73B
| $9.38M | 0.01% |
155,036
-33,649
| -18% | -$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.