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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1551
Hartford Financial Services
HIG
$38.5B
| $6.55M | 0.01% |
91,016
-382,011
| -81% | -$26.8M |
|
1552
Cardlytics
CDLX
$21M
| $6.55M | 0.01% |
103,663
-8,760
| -8% | -$531K |
|
|
PORT
1553
DELISTED
Southport Acquisition Corporation
PORT
| $6.53M | 0.01% |
621,194
| – | – |
|
1554
CALL
Atlassian
TEAM
$22B
| $6.53M | 0.01% |
38,900
-138,900
| -78% | -$22.2M |
|
1555
Axogen
AXGN
$2.1B
| $6.53M | 0.01% |
714,802
+40,614
| +6% | +$379K |
|
1556
PUT
DraftKings
DKNG
$11.4B
| $6.51M | 0.01% |
245,000
+123,300
| +101% | +$2.84M |
|
1557
Pegasystems
PEGA
$4.41B
| $6.5M | 0.01% |
263,834
-281,922
| -52% | -$6.55M |
|
1558
Bio-Techne
TECH
$11.2B
| $6.5M | 0.01% |
79,610
-249,564
| -76% | -$20.1M |
|
1559
Ametek
AME
$55.5B
| $6.5M | 0.01% |
40,138
-11,463
| -22% | -$1.67M |
|
1560
Interactive Brokers
IBKR
$40.9B
| $6.48M | 0.01% |
312,076
-1,165,592
| -79% | -$23M |
|
1561
Alcoa
AA
$11.7B
| $6.47M | 0.01% |
190,785
+119,978
| +169% | +$4.36M |
|
1562
Editas Medicine
EDIT
$399M
| $6.47M | 0.01% |
786,069
+287,279
| +58% | +$2.5M |
|
1563
Gray Television
GTN
$407M
| $6.46M | 0.01% |
819,714
+499,210
| +156% | +$3.84M |
|
1564
Pathward Financial
CASH
$1.81B
| $6.45M | 0.01% |
139,204
-14,871
| -10% | -$667K |
|
1565
MiMedx Group
MDXG
$626M
| $6.44M | 0.01% |
974,930
+443,200
| +83% | +$2.26M |
|
|
ZUO
1566
DELISTED
Zuora, Inc.
ZUO
| $6.43M | 0.01% |
586,560
-87,587
| -13% | -$829K |
|
1567
Martin Marietta Materials
MLM
$33.6B
| $6.41M | 0.01% |
13,883
-45,147
| -76% | -$17.8M |
|
1568
PUT
Best Buy
BBY
$18B
| $6.41M | 0.01% |
78,200
-12,500
| -14% | -$934K |
|
1569
White Mountains Insurance
WTM
$5.47B
| $6.4M | 0.01% |
4,606
-400
| -8% | -$563K |
|
|
SPTN
1570
DELISTED
SpartanNash
SPTN
| $6.39M | 0.01% |
284,020
+188,574
| +198% | +$4.42M |
|
1571
Las Vegas Sands
LVS
$30.5B
| $6.38M | 0.01% |
109,984
-22,235
| -17% | -$1.32M |
|
1572
Compass
COMP
$8.27B
| $6.37M | 0.01% |
+1,819,173
| New | +$5.97M |
|
1573
Hanover Insurance
THG
$7.63B
| $6.35M | 0.01% |
56,198
+45,286
| +415% | +$5.37M |
|
1574
Charter Communications
CHTR
$14.7B
| $6.34M | 0.01% |
17,271
-935
| -5% | -$319K |
|
|
VGR
1575
DELISTED
Vector Group Ltd.
VGR
| $6.34M | 0.01% |
495,162
-197,750
| -29% | -$2.44M |
|
Similar funds
D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.