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 | |
|---|---|---|---|---|---|---|
1701
CALL
Dominion Energy
D
$61.8B
| $5.36M | 0.01% |
103,500
-116,500
| -53% | -$6.33M |
|
1702
Cerence
CRNC
$375M
| $5.35M | 0.01% |
183,132
-312,901
| -63% | -$8.58M |
|
1703
Hilltop Holdings
HTH
$2.25B
| $5.35M | 0.01% |
169,953
+30,766
| +22% | +$942K |
|
1704
PUT
Apollo Global Management
APO
$71.6B
| $5.35M | 0.01% |
69,600
| – | – |
|
1705
International Paper
IP
$22.5B
| $5.34M | 0.01% |
167,732
-1,295
| -0.8% | -$42.4K |
|
1706
Pennant Group
PNTG
$1.44B
| $5.32M | 0.01% |
433,430
-60,566
| -12% | -$770K |
|
1707
CALL
STMicroelectronics
STM
$47.7B
| $5.31M | 0.01% |
106,300
+20,300
| +24% | +$941K |
|
1708
Grand Canyon Education
LOPE
$3.84B
| $5.3M | 0.01% |
51,399
+2,261
| +5% | +$248K |
|
|
SFIX
1709
Stitch Fix
SFIX
$536M
| $5.3M | 0.01% |
1,376,956
-797,697
| -37% | -$3.02M |
|
|
CVII
1710
DELISTED
Churchill Capital Corp VII Class A Common Stock
CVII
| $5.3M | 0.01% |
513,241
-1,604,436
| -76% | -$16.4M |
|
1711
Par Pacific Holdings
PARR
$3.94B
| $5.27M | 0.01% |
197,944
-17,457
| -8% | -$413K |
|
1712
Nektar Therapeutics
NKTR
$2.41B
| $5.26M | 0.01% |
610,155
+390,044
| +177% | +$4.16M |
|
1713
Toast
TOST
$17.9B
| $5.26M | 0.01% |
233,000
-173,600
| -43% | -$3.47M |
|
1714
Codexis
CDXS
$141M
| $5.25M | 0.01% |
1,876,392
+559,429
| +42% | +$1.81M |
|
|
OSG
1715
DELISTED
Overseas Shipholding Group Inc.
OSG
| $5.23M | 0.01% |
1,255,359
+231,254
| +23% | +$894K |
|
1716
CALL
Synopsys
SNPS
$74.5B
| $5.22M | 0.01% |
+12,000
| New | +$4.83M |
|
|
GFGD
1717
DELISTED
The Growth for Good Acquisition Corporation Class A Ordinary Shares
GFGD
| $5.22M | 0.01% |
500,000
| – | – |
|
1718
Digimarc Corp
DMRC
$137M
| $5.2M | 0.01% |
176,471
+75,218
| +74% | +$1.85M |
|
1719
CALL
CRISPR Therapeutics
CRSP
$4.6B
| $5.19M | 0.01% |
92,500
-18,000
| -16% | -$1.02M |
|
1720
CALL
Phillips 66
PSX
$83.3B
| $5.17M | 0.01% |
54,200
-1,400
| -3% | -$136K |
|
|
SCRM
1721
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
| $5.16M | 0.01% |
+500,000
| New | +$5.12M |
|
1722
W.P. Carey
WPC
$17B
| $5.15M | 0.01% |
77,824
-34,213
| -31% | -$2.38M |
|
1723
Turning Point Brands
TPB
$1.52B
| $5.14M | 0.01% |
214,284
+24,925
| +13% | +$561K |
|
1724
PUT
Iron Mountain
IRM
$37.8B
| $5.13M | 0.01% |
+90,200
| New | +$4.94M |
|
1725
Axos Financial
AX
$5.45B
| $5.12M | 0.01% |
129,831
-45,897
| -26% | -$1.78M |
|
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.