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 | |
|---|---|---|---|---|---|---|
1526
Manhattan Associates
MANH
$11.9B
| $6.19M | 0.01% |
31,314
-40,315
| -56% | -$7.87M |
|
1527
CALL
H&R Block
HRB
$5.98B
| $6.19M | 0.01% |
143,700
+91,300
| +174% | +$3.37M |
|
1528
PUT
Bilibili
BILI
$7.75B
| $6.18M | 0.01% |
448,700
+43,600
| +11% | +$673K |
|
1529
PUT
Illumina
ILMN
$29.5B
| $6.18M | 0.01% |
46,260
+25,700
| +125% | +$4.23M |
|
1530
CONMED
CNMD
$1.3B
| $6.18M | 0.01% |
+61,236
| New | +$7.04M |
|
1531
CALL
Kimberly-Clark
KMB
$37.6B
| $6.18M | 0.01% |
+51,100
| New | +$6.6M |
|
1532
8x8 Inc
EGHT
$279M
| $6.17M | 0.01% |
2,448,518
+15,078
| +0.6% | +$53.6K |
|
1533
Duke Energy
DUK
$101B
| $6.16M | 0.01% |
69,759
-234,594
| -77% | -$21.5M |
|
1534
American States Water
AWR
$3.44B
| $6.15M | 0.01% |
78,143
+43,150
| +123% | +$3.68M |
|
|
CYBR
1535
DELISTED
CyberArk
CYBR
| $6.14M | 0.01% |
37,511
-24,236
| -39% | -$3.89M |
|
|
PLYA
1536
DELISTED
Playa Hotels & Resorts
PLYA
| $6.14M | 0.01% |
848,077
+118,533
| +16% | +$903K |
|
1537
Intel
INTC
$413B
| $6.13M | 0.01% |
172,381
-1,968,554
| -92% | -$68.6M |
|
1538
PUT
Align Technology
ALGN
$12.9B
| $6.11M | 0.01% |
20,000
+10,000
| +100% | +$3.46M |
|
1539
PUT
Wheaton Precious Metals
WPM
$49.7B
| $6.1M | 0.01% |
150,400
-31,000
| -17% | -$1.34M |
|
1540
Highwoods Properties
HIW
$3.79B
| $6.08M | 0.01% |
+295,157
| New | +$7.01M |
|
|
MRTX
1541
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $6.08M | 0.01% |
139,613
-123,325
| -47% | -$4.4M |
|
1542
BOK Financial
BOKF
$8.58B
| $6.08M | 0.01% |
76,011
+25,769
| +51% | +$2.18M |
|
1543
CALL
Wolfspeed
WOLF
$1.04B
| $6.07M | 0.01% |
159,300
-24,000
| -13% | -$1.26M |
|
1544
CALL
WD-40
WDFC
$2.98B
| $6.06M | 0.01% |
29,800
+11,200
| +60% | +$2.4M |
|
1545
PUT
Colgate-Palmolive
CL
$74.8B
| $6.04M | 0.01% |
+85,000
| New | +$6.36M |
|
1546
CALL
Southern Copper
SCCO
$138B
| $6.04M | 0.01% |
86,513
+64,939
| +301% | +$4.75M |
|
1547
Moderna
MRNA
$21.6B
| $6.03M | 0.01% |
58,332
-20,175
| -26% | -$2.25M |
|
1548
Hudbay
HBM
$9.76B
| $6.02M | 0.01% |
1,237,336
-132,000
| -10% | -$669K |
|
1549
Kinross Gold
KGC
$27.7B
| $6.01M | 0.01% |
1,317,377
-311,133
| -19% | -$1.53M |
|
1550
CALL
Hilton Worldwide
HLT
$72.4B
| $6.01M | 0.01% |
40,000
| – | – |
|
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.