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 | |
|---|---|---|---|---|---|---|
1626
PUT
Burlington
BURL
$23.4B
| $5.41M | 0.01% |
40,000
+10,000
| +33% | +$1.6M |
|
1627
CALL
Stryker
SYK
$135B
| $5.41M | 0.01% |
19,800
| – | – |
|
1628
Advanced Energy
AEIS
$10.1B
| $5.41M | 0.01% |
52,466
+26,107
| +99% | +$2.92M |
|
1629
Tennant Co
TNC
$1.44B
| $5.38M | 0.01% |
72,545
+42,263
| +140% | +$3.37M |
|
1630
CALL
Take-Two Interactive
TTWO
$46.1B
| $5.38M | 0.01% |
38,300
-800
| -2% | -$115K |
|
1631
CALL
Illinois Tool Works
ITW
$84.1B
| $5.37M | 0.01% |
23,300
| – | – |
|
|
CVII
1632
DELISTED
Churchill Capital Corp VII Class A Common Stock
CVII
| $5.36M | 0.01% |
513,241
| – | – |
|
|
AIRC
1633
DELISTED
Apartment Income REIT Corp.
AIRC
| $5.36M | 0.01% |
174,627
+92,743
| +113% | +$3.15M |
|
1634
Gildan
GIL
$9.49B
| $5.36M | 0.01% |
191,187
-15,900
| -8% | -$477K |
|
|
VGR
1635
DELISTED
Vector Group Ltd.
VGR
| $5.34M | 0.01% |
502,231
+7,069
| +1% | +$82K |
|
1636
Xylem
XYL
$28.5B
| $5.34M | 0.01% |
58,691
-201,813
| -77% | -$20.8M |
|
1637
Edgewell Personal Care
EPC
$1.3B
| $5.34M | 0.01% |
144,493
+104,126
| +258% | +$4.02M |
|
1638
PUT
Ovintiv
OVV
$17B
| $5.33M | 0.01% |
112,100
| – | – |
|
1639
Jabil
JBL
$30.1B
| $5.32M | 0.01% |
41,958
+31,274
| +293% | +$3.42M |
|
1640
Tactile Systems Technology
TCMD
$618M
| $5.32M | 0.01% |
378,472
-187,818
| -33% | -$3.68M |
|
1641
Wheaton Precious Metals
WPM
$49.7B
| $5.31M | 0.01% |
131,000
-64,808
| -33% | -$2.79M |
|
1642
HUB Group
HUBG
$2.92B
| $5.31M | 0.01% |
135,150
+114,784
| +564% | +$4.71M |
|
1643
Metropolitan Bank Holding Corp
MCB
$1.15B
| $5.3M | 0.01% |
146,204
-71,099
| -33% | -$2.91M |
|
1644
PUT
Insulet
PODD
$11.8B
| $5.3M | 0.01% |
+33,200
| New | +$7.43M |
|
1645
Boston Properties
BXP
$11.6B
| $5.29M | 0.01% |
88,933
+45,200
| +103% | +$2.89M |
|
|
HUYA
1646
Huya Inc
HUYA
$558M
| $5.29M | 0.01% |
1,862,402
+285,512
| +18% | +$824K |
|
|
SWAV
1647
CALL
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $5.28M | 0.01% |
26,500
| – | – |
|
1648
CALL
CarMax
KMX
$8.39B
| $5.25M | 0.01% |
74,200
+33,900
| +84% | +$2.78M |
|
1649
CALL
On Holding
ONON
$12.6B
| $5.24M | 0.01% |
188,500
| – | – |
|
1650
PUT
Papa John's
PZZA
$1.01B
| $5.24M | 0.01% |
76,800
+50,000
| +187% | +$3.86M |
|
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.