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 | |
|---|---|---|---|---|---|---|
1576
CALL
AB InBev
BUD
$164B
| $5.8M | 0.01% |
+104,900
| New | +$5.95M |
|
1577
Atara Biotherapeutics
ATRA
$72.6M
| $5.79M | 0.01% |
156,417
-17,556
| -10% | -$781K |
|
1578
TechTarget
TTGT
$327M
| $5.77M | 0.01% |
190,175
+96,601
| +103% | +$2.94M |
|
1579
Federal Realty Investment Trust
FRT
$10.9B
| $5.77M | 0.01% |
+63,679
| New | +$6.27M |
|
1580
PUT
Ambarella
AMBA
$3.04B
| $5.77M | 0.01% |
108,800
+50,000
| +85% | +$3.51M |
|
1581
Emcor
EME
$29.9B
| $5.77M | 0.01% |
27,423
-3,038
| -10% | -$636K |
|
1582
Weibo
WB
$1.97B
| $5.76M | 0.01% |
459,637
+164,956
| +56% | +$2.19M |
|
|
PETQ
1583
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $5.76M | 0.01% |
292,578
-38,248
| -12% | -$684K |
|
1584
AvalonBay Communities
AVB
$27.5B
| $5.76M | 0.01% |
33,522
+31,122
| +1,297% | +$5.75M |
|
1585
CALL
Thomson Reuters
TRI
$46.4B
| $5.76M | 0.01% |
46,314
-18,903
| -29% | -$2.49M |
|
|
AZPN
1586
DELISTED
Aspen Technology Inc
AZPN
| $5.75M | 0.01% |
28,129
+20,116
| +251% | +$3.79M |
|
|
GAP
1587
PUT
The Gap Inc
GAP
$7.3B
| $5.74M | 0.01% |
540,000
| – | – |
|
1588
3D Systems Corp
DDD
$405M
| $5.74M | 0.01% |
1,168,108
-681,312
| -37% | -$4.88M |
|
1589
SI-BONE Inc
SIBN
$818M
| $5.73M | 0.01% |
269,804
-89,407
| -25% | -$2.07M |
|
1590
Aecom
ACM
$9.46B
| $5.73M | 0.01% |
68,949
-8,988
| -12% | -$775K |
|
1591
NovoCure
NVCR
$1.77B
| $5.68M | 0.01% |
351,450
+295,866
| +532% | +$8.53M |
|
|
TPH
1592
DELISTED
Tri Pointe Homes
TPH
| $5.67M | 0.01% |
207,468
+114,353
| +123% | +$3.51M |
|
1593
OSI Systems
OSIS
$3.53B
| $5.67M | 0.01% |
48,070
+29,059
| +153% | +$3.5M |
|
1594
Thor Industries
THO
$4.06B
| $5.67M | 0.01% |
59,640
+42,362
| +245% | +$4.43M |
|
1595
Sensata Technologies
ST
$6.69B
| $5.67M | 0.01% |
149,930
-177,614
| -54% | -$7.16M |
|
1596
PUT
Thermo Fisher Scientific
TMO
$214B
| $5.67M | 0.01% |
11,200
+2,000
| +22% | +$1.07M |
|
1597
CALL
Air Products & Chemicals
APD
$65.5B
| $5.67M | 0.01% |
20,000
-5,000
| -20% | -$1.47M |
|
1598
Restaurant Brands International
QSR
$26.2B
| $5.66M | 0.01% |
84,956
+38,249
| +82% | +$2.75M |
|
|
AVDL
1599
DELISTED
Avadel Pharmaceuticals
AVDL
| $5.66M | 0.01% |
549,370
-216,466
| -28% | -$2.9M |
|
1600
Exelon
EXC
$48.1B
| $5.65M | 0.01% |
149,612
+61,449
| +70% | +$2.5M |
|
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.