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 | |
|---|---|---|---|---|---|---|
1576
American States Water
AWR
$3.37B
| $6.44M | 0.01% |
80,097
+1,954
| +3% | +$156K |
|
|
BLD
1577
PUT
DELISTED
TopBuild
BLD
| $6.44M | 0.01% |
17,200
| – | – |
|
1578
Toast
TOST
$17.9B
| $6.44M | 0.01% |
352,532
+340,340
| +2,792% | +$5.58M |
|
1579
CALL
Antero Resources
AR
$10.5B
| $6.43M | 0.01% |
283,600
-27,400
| -9% | -$694K |
|
1580
PUT
Halliburton
HAL
$26.8B
| $6.42M | 0.01% |
177,700
+22,600
| +15% | +$869K |
|
1581
Box
BOX
$4.18B
| $6.42M | 0.01% |
250,695
-231,021
| -48% | -$5.84M |
|
1582
Duke Energy
DUK
$100B
| $6.41M | 0.01% |
66,022
-3,737
| -5% | -$340K |
|
1583
Bausch Health
BHC
$1.67B
| $6.41M | 0.01% |
798,692
-1,078,232
| -57% | -$7.85M |
|
1584
CALL
BILL Holdings
BILL
$4.47B
| $6.4M | 0.01% |
78,500
+45,400
| +137% | +$3.73M |
|
1585
Equitable Holdings
EQH
$13.3B
| $6.4M | 0.01% |
192,333
+71,504
| +59% | +$2.09M |
|
1586
Descartes Systems
DSGX
$6.09B
| $6.4M | 0.01% |
76,200
+33,000
| +76% | +$2.57M |
|
|
GLDD
1587
DELISTED
Great Lakes Dredge & Dock
GLDD
| $6.4M | 0.01% |
833,099
+45,164
| +6% | +$329K |
|
1588
LoveSac
LOVE
$249M
| $6.4M | 0.01% |
250,383
+50,917
| +26% | +$1.02M |
|
1589
Super Micro Computer
SMCI
$19.3B
| $6.39M | 0.01% |
224,860
-85,200
| -27% | -$2.36M |
|
1590
United Parks & Resorts
PRKS
$2.12B
| $6.38M | 0.01% |
120,795
+78,704
| +187% | +$3.75M |
|
1591
NeoGenomics
NEO
$1.71B
| $6.38M | 0.01% |
394,179
-382,283
| -49% | -$6.26M |
|
1592
CALL
Ulta Beauty
ULTA
$20.7B
| $6.37M | 0.01% |
13,000
-14,500
| -53% | -$6.12M |
|
1593
Ziff Davis
ZD
$1.93B
| $6.37M | 0.01% |
94,783
+8,783
| +10% | +$557K |
|
1594
PUT
Builders FirstSource
BLDR
$7.82B
| $6.36M | 0.01% |
38,100
| – | – |
|
1595
LendingTree
TREE
$564M
| $6.34M | 0.01% |
209,124
+51,341
| +33% | +$931K |
|
1596
CALL
Mobileye
MBLY
$2.02B
| $6.31M | 0.01% |
+145,700
| New | +$5.74M |
|
1597
HCI Group
HCI
$2.25B
| $6.31M | 0.01% |
72,165
+43,730
| +154% | +$3.2M |
|
1598
PUT
Plug Power
PLUG
$2.87B
| $6.3M | 0.01% |
1,400,000
-1,240,000
| -47% | -$6.5M |
|
1599
CoStar Group
CSGP
$11.9B
| $6.28M | 0.01% |
71,903
-159,717
| -69% | -$12.9M |
|
1600
CALL
Canadian National Railway
CNI
$78B
| $6.28M | 0.01% |
50,000
| – | – |
|
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.