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 |
Visa
V
|
+$365M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$307M |
| 3 |
Adobe
ADBE
|
+$250M |
| 4 |
NVIDIA
NVDA
|
+$242M |
| 5 |
Salesforce
CRM
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$520M |
| 2 |
ExxonMobil
XOM
|
+$372M |
| 3 |
Bank of America
BAC
|
+$271M |
| 4 |
Netflix
NFLX
|
+$172M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.14% |
| 2 | Financials | 9.37% |
| 3 | Healthcare | 7.49% |
| 4 | Consumer Discretionary | 6.79% |
| 5 | Communication Services | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Intuitive Surgical
ISRG
$121B
| $104M | 0.12% |
552,329
-1,354
| -0.2% | -$291K |
|
152
Cigna
CI
$76.6B
| $103M | 0.12% |
370,632
-44,687
| -11% | -$12.6M |
|
|
153
PUT
Visa
V
$677B
| $102M | 0.12% |
572,800
+245,600
| +75% | +$50M |
|
|
154
CALL
Visa
V
$677B
| $101M | 0.12% |
568,500
+14,200
| +3% | +$2.89M |
|
155
PUT
Enphase Energy
ENPH
$4.84B
| $101M | 0.12% |
363,500
+124,300
| +52% | +$33.5M |
|
156
Starbucks
SBUX
$118B
| $99.6M | 0.12% |
1,182,429
-1,498,196
| -56% | -$127M |
|
157
CALL
Booking.com
BKNG
$138B
| $99.4M | 0.12% |
1,512,500
+500,000
| +49% | +$37.6M |
|
158
Cboe Global Markets
CBOE
$29.8B
| $99M | 0.12% |
841,141
-82,998
| -9% | -$9.99M |
|
159
PUT
Bristol-Myers Squibb
BMY
$127B
| $98.5M | 0.12% |
1,385,000
-481,500
| -26% | -$34.9M |
|
160
CALL
Shift4
FOUR
$3.84B
| $98.1M | 0.12% |
2,199,900
| – | – |
|
|
161
CALL
Netflix
NFLX
$292B
| $97.2M | 0.12% |
4,128,000
+329,000
| +9% | +$7.31M |
|
162
Marriott International
MAR
$98.7B
| $97.1M | 0.12% |
692,722
+372,752
| +116% | +$56.9M |
|
|
163
Booking.com
BKNG
$138B
| $96.2M | 0.11% |
1,462,900
+356,325
| +32% | +$26.8M |
|
164
CALL
Toronto Dominion Bank
TD
$198B
| $96M | 0.11% |
1,567,600
+650,000
| +71% | +$42.1M |
|
|
165
CALL
PayPal
PYPL
$49.5B
| $95.6M | 0.11% |
1,110,400
+623,000
| +128% | +$55.2M |
|
166
PUT
Roku
ROKU
$21.1B
| $95.4M | 0.11% |
1,691,900
+684,700
| +68% | +$52.1M |
|
|
167
CALL
Bank of America
BAC
$435B
| $95M | 0.11% |
3,146,500
+223,900
| +8% | +$7.49M |
|
168
Ulta Beauty
ULTA
$20.4B
| $94.7M | 0.11% |
235,967
-49,388
| -17% | -$19.9M |
|
|
169
PUT
Adobe
ADBE
$89.5B
| $93.6M | 0.11% |
340,000
-5,700
| -2% | -$2.16M |
|
170
CME Group
CME
$92.2B
| $93.3M | 0.11% |
526,658
+313,361
| +147% | +$61.9M |
|
171
Automatic Data Processing
ADP
$100B
| $93.1M | 0.11% |
411,460
+160,359
| +64% | +$37.8M |
|
172
Harley-Davidson
HOG
$2.68B
| $93M | 0.11% |
2,666,575
-553,678
| -17% | -$20.8M |
|
173
PUT
IBM
IBM
$202B
| $93M | 0.11% |
782,500
+391,600
| +100% | +$51.4M |
|
|
174
CALL
NVIDIA
NVDA
$5.01T
| $92.8M | 0.11% |
7,648,000
+4,938,000
| +182% | +$78.1M |
|
|
175
PUT
Bank of America
BAC
$435B
| $91.7M | 0.11% |
3,037,600
-1,097,100
| -27% | -$36.7M |
|
Similar funds
D.E. Shaw & Co's Q3 2022 Portfolio in Review
As of Q3 2022, D.E. Shaw & Co held 5,820 positions worth $83.7B, down 1.8% from $85.3B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
D.E. Shaw & Co withdrew a net $3.66B in Q3 2022, closing 679 positions and reducing 1,597 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Prologis worth $66.1M.
- D.E. Shaw & Co's largest Q3 2022 buy was Prologis: 650,725 shares worth $66.1M.
- D.E. Shaw & Co added most to Visa in Q3 2022, an estimated $365M increase.
- D.E. Shaw & Co's biggest Q3 2022 reduction was PayPal, cutting an estimated $520M.
- D.E. Shaw & Co fully exited iShares MSCI Emerging Markets ETF in Q3 2022, selling an estimated $171M.
- D.E. Shaw & Co's ten largest holdings make up 8.7% of its $83.7B portfolio in Q3 2022.
- D.E. Shaw & Co opened 545 new positions and closed 679 in Q3 2022.
- D.E. Shaw & Co's portfolio value fell 1.8% quarter-over-quarter to $83.7B.
Based on D.E. Shaw & Co's 13F filing for Q3 2022, filed 14 Nov 2022.