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 | |
|---|---|---|---|---|---|---|
1526
PUT
Goodyear
GT
$2B
| $7.13M | 0.01% |
647,100
-9,700
| -1% | -$108K |
|
1527
CALL
Hasbro
HAS
$13.3B
| $7.12M | 0.01% |
132,700
+35,200
| +36% | +$2.01M |
|
1528
Pacific Biosciences
PACB
$441M
| $7.12M | 0.01% |
615,251
+356,578
| +138% | +$3.55M |
|
1529
Old Republic International
ORI
$10.5B
| $7.11M | 0.01% |
284,893
+249,295
| +700% | +$6.28M |
|
1530
Rogers Communications
RCI
$18.4B
| $7.1M | 0.01% |
+153,300
| New | +$7.27M |
|
1531
Upbound Group
UPBD
$1.12B
| $7.1M | 0.01% |
289,812
+8,084
| +3% | +$208K |
|
1532
PUT
Best Buy
BBY
$18.2B
| $7.1M | 0.01% |
90,700
-24,900
| -22% | -$2.05M |
|
1533
CALL
Cheniere Energy
LNG
$55.2B
| $7.09M | 0.01% |
45,000
-15,500
| -26% | -$2.34M |
|
1534
PUT
Southwest Airlines
LUV
$22.1B
| $7.08M | 0.01% |
217,500
+85,200
| +64% | +$2.9M |
|
1535
Pennant Group
PNTG
$1.41B
| $7.05M | 0.01% |
493,996
+410,933
| +495% | +$5.15M |
|
1536
TE Connectivity
TEL
$60.2B
| $7.03M | 0.01% |
53,606
-233,304
| -81% | -$29.5M |
|
1537
PUT
Li Auto
LI
$13.4B
| $7.03M | 0.01% |
281,600
+225,200
| +399% | +$5.32M |
|
1538
CALL
RBC Bearings
RBC
$17.6B
| $6.98M | 0.01% |
30,000
| – | – |
|
1539
Cars.com
CARS
$655M
| $6.97M | 0.01% |
361,284
-151,793
| -30% | -$2.58M |
|
1540
PUT
Penumbra
PEN
$12.6B
| $6.97M | 0.01% |
25,000
| – | – |
|
|
PDCO
1541
DELISTED
Patterson Companies, Inc.
PDCO
| $6.96M | 0.01% |
260,144
+46,531
| +22% | +$1.31M |
|
1542
Labcorp
LH
$25.5B
| $6.95M | 0.01% |
35,285
-102,372
| -74% | -$21.1M |
|
1543
PUT
NRG Energy
NRG
$28.2B
| $6.94M | 0.01% |
202,400
+193,200
| +2,100% | +$6.4M |
|
1544
Coeur Mining
CDE
$15.5B
| $6.94M | 0.01% |
1,738,779
+251,398
| +17% | +$873K |
|
1545
Cirrus Logic
CRUS
$6.54B
| $6.93M | 0.01% |
63,361
-11,358
| -15% | -$1.11M |
|
|
FNVT
1546
DELISTED
Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
| $6.93M | 0.01% |
664,173
| – | – |
|
1547
Kinsale Capital Group
KNSL
$8.09B
| $6.93M | 0.01% |
23,077
+13,412
| +139% | +$3.92M |
|
|
MRO
1548
CALL
DELISTED
Marathon Oil Corporation
MRO
| $6.91M | 0.01% |
288,500
-277,900
| -49% | -$7.1M |
|
1549
FirstEnergy
FE
$27.9B
| $6.9M | 0.01% |
172,153
-125,797
| -42% | -$5.08M |
|
1550
White Mountains Insurance
WTM
$5.23B
| $6.9M | 0.01% |
5,006
+100
| +2% | +$143K |
|
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.