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 | |
|---|---|---|---|---|---|---|
1376
PUT
RingCentral
RNG
$4.66B
| $8.51M | 0.01% |
277,400
+192,000
| +225% | +$6.87M |
|
1377
Cognyte Software
CGNT
$659M
| $8.51M | 0.01% |
2,509,416
-196,410
| -7% | -$708K |
|
1378
Mercury Insurance
MCY
$5.93B
| $8.5M | 0.01% |
267,830
-20,708
| -7% | -$706K |
|
1379
Alexandria Real Estate Equities
ARE
$8.97B
| $8.5M | 0.01% |
+67,677
| New | +$9.94M |
|
1380
W.P. Carey
WPC
$16.8B
| $8.5M | 0.01% |
112,037
-44,634
| -28% | -$3.56M |
|
|
RETA
1381
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $8.49M | 0.01% |
93,416
-228,467
| -71% | -$13.4M |
|
|
VMCA
1382
DELISTED
Valuence Merger Corp. I Class A Ordinary Shares
VMCA
| $8.46M | 0.01% |
800,000
| – | – |
|
1383
CALL
Corpay
CPAY
$25B
| $8.43M | 0.01% |
+40,000
| New | +$8.12M |
|
1384
CALL
Honeywell
HON
$77B
| $8.43M | 0.01% |
46,790
-99,416
| -68% | -$18.7M |
|
1385
Ironwood Pharmaceuticals
IRWD
$696M
| $8.42M | 0.01% |
800,723
+173,337
| +28% | +$1.94M |
|
1386
CALL
H&R Block
HRB
$5.58B
| $8.42M | 0.01% |
238,800
+80,000
| +50% | +$2.96M |
|
1387
Cerus
CERS
$431M
| $8.41M | 0.01% |
2,831,832
+479,868
| +20% | +$1.44M |
|
1388
CALL
lululemon athletica
LULU
$13.5B
| $8.38M | 0.01% |
23,000
-65,200
| -74% | -$20.4M |
|
1389
Extreme Networks
EXTR
$3.94B
| $8.37M | 0.01% |
438,001
+155,064
| +55% | +$2.86M |
|
1390
Brown-Forman Class B
BF.B
$13.2B
| $8.36M | 0.01% |
130,109
+74,722
| +135% | +$4.85M |
|
1391
CALL
HubSpot
HUBS
$12.2B
| $8.36M | 0.01% |
19,500
| – | – |
|
|
CMCA
1392
DELISTED
Capitalworks Emerging Markets Acquisition Corp Class A Ordinary Shares
CMCA
| $8.36M | 0.01% |
796,010
| – | – |
|
1393
PUT
Alaska Air
ALK
$5.29B
| $8.33M | 0.01% |
198,500
-108,000
| -35% | -$5.07M |
|
1394
CALL
Saia
SAIA
$9.25B
| $8.33M | 0.01% |
+30,600
| New | +$8.17M |
|
1395
RTX Corp
RTX
$290B
| $8.32M | 0.01% |
84,997
-89,401
| -51% | -$8.81M |
|
|
VGR
1396
DELISTED
Vector Group Ltd.
VGR
| $8.32M | 0.01% |
692,912
+137,100
| +25% | +$1.73M |
|
1397
Element Solutions
ESI
$8.95B
| $8.32M | 0.01% |
430,836
-75,694
| -15% | -$1.49M |
|
1398
GoodRx Holdings
GDRX
$1.04B
| $8.32M | 0.01% |
1,331,000
+456,576
| +52% | +$2.55M |
|
1399
CALL
Cenovus Energy
CVE
$55.7B
| $8.29M | 0.01% |
475,000
| – | – |
|
1400
TD Synnex
SNX
$20.4B
| $8.27M | 0.01% |
85,427
+63,897
| +297% | +$6.35M |
|
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.