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 | |
|---|---|---|---|---|---|---|
1376
Ezcorp Inc
EZPW
$1.87B
| $8.4M | 0.01% |
961,442
+144,516
| +18% | +$1.21M |
|
1377
Intel
INTC
$462B
| $8.4M | 0.01% |
167,219
-5,162
| -3% | -$210K |
|
1378
Nomad Foods
NOMD
$1.67B
| $8.4M | 0.01% |
495,461
+226,954
| +85% | +$3.52M |
|
1379
Quest Diagnostics
DGX
$25.6B
| $8.39M | 0.01% |
60,822
+38,347
| +171% | +$5.04M |
|
1380
TFI International
TFII
$12B
| $8.37M | 0.01% |
61,584
+25,600
| +71% | +$3.03M |
|
1381
Krystal Biotech
KRYS
$10.4B
| $8.33M | 0.01% |
67,141
+11,384
| +20% | +$1.26M |
|
1382
PUT
Canadian Solar
CSIQ
$936M
| $8.33M | 0.01% |
317,500
+13,600
| +4% | +$300K |
|
|
BTX
1383
BlackRock Technology and Private Equity Term Trust
BTX
$938M
| $8.33M | 0.01% |
1,136,060
| – | – |
|
1384
PUT
Parker-Hannifin
PH
$124B
| $8.29M | 0.01% |
18,000
-12,000
| -40% | -$5M |
|
1385
Vulcan Materials
VMC
$36.9B
| $8.29M | 0.01% |
36,529
-27,169
| -43% | -$5.75M |
|
|
CYBR
1386
PUT
DELISTED
CyberArk
CYBR
| $8.21M | 0.01% |
37,500
+10,000
| +36% | +$1.85M |
|
1387
Mine Safety
MSA
$6.78B
| $8.2M | 0.01% |
+48,597
| New | +$7.9M |
|
|
MRO
1388
PUT
DELISTED
Marathon Oil Corporation
MRO
| $8.2M | 0.01% |
339,500
-40,200
| -11% | -$1.04M |
|
|
CHUY
1389
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $8.2M | 0.01% |
214,462
+30,725
| +17% | +$1.08M |
|
|
OKLO
1390
Oklo
OKLO
$7.27B
| $8.18M | 0.01% |
774,478
| – | – |
|
|
SILV
1391
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $8.14M | 0.01% |
1,242,516
+692,774
| +126% | +$3.86M |
|
1392
Under Armour
UAA
$3.02B
| $8.14M | 0.01% |
925,852
+345,481
| +60% | +$2.66M |
|
1393
Matador Resources
MTDR
$5.86B
| $8.13M | 0.01% |
143,052
+43,601
| +44% | +$2.55M |
|
|
NETD
1394
DELISTED
Nabors Energy Transition Corp II
NETD
| $8.11M | 0.01% |
778,728
+80,728
| +12% | +$829K |
|
1395
Kulicke & Soffa
KLIC
$5.14B
| $8.11M | 0.01% |
148,189
-104,690
| -41% | -$5.08M |
|
1396
Toro Company
TTC
$9.01B
| $8.11M | 0.01% |
84,475
+35,695
| +73% | +$3.06M |
|
|
OSG
1397
Octave Specialty Group
OSG
$258M
| $8.1M | 0.01% |
491,719
+96,742
| +24% | +$1.35M |
|
1398
CALL
M&T Bank
MTB
$36B
| $8.1M | 0.01% |
59,100
+7,400
| +14% | +$930K |
|
1399
PUT
Las Vegas Sands
LVS
$31.6B
| $8.1M | 0.01% |
164,600
-88,200
| -35% | -$4.17M |
|
1400
Constellation Brands
STZ
$22.2B
| $8.08M | 0.01% |
33,408
+16,078
| +93% | +$3.82M |
|
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.