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 | |
|---|---|---|---|---|---|---|
|
SF
1651
Stifel
SF
$12.4B
| $5.75M | 0.01% |
144,515
-80,097
| -36% | -$3.12M |
|
1652
Essential Utilities
WTRG
$11.3B
| $5.75M | 0.01% |
+144,020
| New | +$6.04M |
|
1653
PUT
ScottsMiracle-Gro
SMG
$4.02B
| $5.74M | 0.01% |
91,500
| – | – |
|
1654
Metallus
MTUS
$862M
| $5.73M | 0.01% |
265,534
-46,108
| -15% | -$835K |
|
1655
nLIGHT
LASR
$3.75B
| $5.72M | 0.01% |
371,175
+125,492
| +51% | +$1.53M |
|
1656
Penumbra
PEN
$12.6B
| $5.7M | 0.01% |
+16,578
| New | +$5.09M |
|
1657
Rivian
RIVN
$24.1B
| $5.7M | 0.01% |
342,053
-1,612,729
| -83% | -$22.5M |
|
1658
RenaissanceRe
RNR
$13.7B
| $5.69M | 0.01% |
30,493
+27,859
| +1,058% | +$5.54M |
|
1659
Ormat Technologies
ORA
$6.16B
| $5.69M | 0.01% |
70,663
+25,553
| +57% | +$2.16M |
|
1660
AppFolio
APPF
$6.13B
| $5.68M | 0.01% |
33,014
+22,428
| +212% | +$3.27M |
|
1661
Orion
OEC
$380M
| $5.67M | 0.01% |
267,095
-92,794
| -26% | -$2.24M |
|
|
CPE
1662
CALL
DELISTED
Callon Petroleum Company
CPE
| $5.66M | 0.01% |
161,400
+92,800
| +135% | +$3.11M |
|
|
HUYA
1663
Huya Inc
HUYA
$556M
| $5.65M | 0.01% |
1,576,890
-158,074
| -9% | -$520K |
|
1664
PUT
Agnico Eagle Mines
AEM
$72.8B
| $5.65M | 0.01% |
113,000
+20,000
| +22% | +$1.08M |
|
1665
Rexford Industrial Realty
REXR
$8.62B
| $5.64M | 0.01% |
107,971
+104,159
| +2,732% | +$5.68M |
|
1666
Landstar System
LSTR
$6.53B
| $5.63M | 0.01% |
29,257
-24,351
| -45% | -$4.4M |
|
1667
Emcor
EME
$32.5B
| $5.63M | 0.01% |
30,461
+25,504
| +515% | +$4.27M |
|
1668
AGNC Investment
AGNC
$12.4B
| $5.62M | 0.01% |
554,582
-461,898
| -45% | -$4.49M |
|
|
ANSS
1669
PUT
DELISTED
Ansys
ANSS
| $5.61M | 0.01% |
17,000
| – | – |
|
1670
CALL
Aon
AON
$78.9B
| $5.59M | 0.01% |
+16,200
| New | +$5.26M |
|
1671
Veeva Systems
VEEV
$32B
| $5.58M | 0.01% |
28,200
-177,422
| -86% | -$32.4M |
|
1672
PUT
Enbridge
ENB
$121B
| $5.57M | 0.01% |
150,000
| – | – |
|
|
PYCR
1673
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $5.57M | 0.01% |
235,380
-138,842
| -37% | -$3.24M |
|
1674
PUT
Teradyne
TER
$51.3B
| $5.57M | 0.01% |
50,000
| – | – |
|
1675
PUT
YPF
YPF
$19.9B
| $5.57M | 0.01% |
373,800
+69,800
| +23% | +$846K |
|
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.