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 | |
|---|---|---|---|---|---|---|
1251
PUT
argenx
ARGX
$54.6B
| $9.1M | 0.01% |
+18,500
| New | +$9.05M |
|
1252
PUT
XPO
XPO
$23.4B
| $9.09M | 0.01% |
121,700
+87,700
| +258% | +$6.05M |
|
1253
Hawaiian Electric Industries
HE
$2.28B
| $9.08M | 0.01% |
737,469
+725,698
| +6,165% | +$17.7M |
|
|
SLCA
1254
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.06M | 0.01% |
645,104
-28,137
| -4% | -$368K |
|
1255
Brighthouse Financial
BHF
$3.64B
| $9.05M | 0.01% |
184,946
+80,084
| +76% | +$3.98M |
|
1256
EOG Resources
EOG
$77.5B
| $9.05M | 0.01% |
71,398
-623,972
| -90% | -$79.4M |
|
|
HCVI
1257
DELISTED
Hennessy Capital Investment Corp. VI Class A Common Stock
HCVI
| $9M | 0.01% |
870,000
-2,100,000
| -71% | -$21.7M |
|
1258
PUT
Wingstop
WING
$3.66B
| $8.99M | 0.01% |
50,000
+20,000
| +67% | +$3.46M |
|
|
RVNC
1259
DELISTED
Revance Therapeutics, Inc.
RVNC
| $8.97M | 0.01% |
782,016
-1,229,653
| -61% | -$23.6M |
|
|
APGB
1260
DELISTED
Apollo Strategic Growth Capital II
APGB
| $8.93M | 0.01% |
+850,000
| New | +$8.86M |
|
1261
PUT
Wolfspeed
WOLF
$1.24B
| $8.9M | 0.01% |
233,600
+198,500
| +566% | +$10.4M |
|
1262
Rockwell Automation
ROK
$52.4B
| $8.9M | 0.01% |
31,132
+23,127
| +289% | +$7.15M |
|
|
KRTX
1263
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $8.89M | 0.01% |
52,600
+10,000
| +23% | +$1.88M |
|
1264
PUT
Boston Properties
BXP
$11.4B
| $8.89M | 0.01% |
149,400
-59,800
| -29% | -$3.83M |
|
1265
CenterPoint Energy
CNP
$27.8B
| $8.88M | 0.01% |
330,798
-24,657
| -7% | -$713K |
|
1266
Sally Beauty Holdings
SBH
$1.46B
| $8.84M | 0.01% |
1,054,958
+112,961
| +12% | +$1.2M |
|
1267
Diageo
DEO
$49.5B
| $8.84M | 0.01% |
59,224
+38,938
| +192% | +$6.52M |
|
|
LGF.B
1268
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $8.83M | 0.01% |
1,122,104
+45,927
| +4% | +$345K |
|
1269
Cognyte Software
CGNT
$647M
| $8.83M | 0.01% |
1,835,183
-375,406
| -17% | -$1.9M |
|
1270
Travere Therapeutics
TVTX
$5.33B
| $8.79M | 0.01% |
983,545
-277,459
| -22% | -$3.92M |
|
|
ACCD
1271
DELISTED
Accolade Inc
ACCD
| $8.79M | 0.01% |
830,443
-268,782
| -24% | -$3.53M |
|
1272
CALL
ON Semiconductor
ON
$32.6B
| $8.78M | 0.01% |
94,500
-137,600
| -59% | -$13.4M |
|
1273
Harmony Biosciences
HRMY
$2.08B
| $8.78M | 0.01% |
267,813
+27,352
| +11% | +$950K |
|
1274
CALL
Arthur J. Gallagher & Co
AJG
$65.9B
| $8.75M | 0.01% |
+38,400
| New | +$8.59M |
|
1275
CALL
Teck Resources
TECK
$30.7B
| $8.75M | 0.01% |
203,100
-14,400
| -7% | -$597K |
|
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.