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 | |
|---|---|---|---|---|---|---|
1726
CALL
STMicroelectronics
STM
$47.7B
| $5.33M | ﹤0.01% |
106,300
| – | – |
|
1727
PUT
Kraft Heinz
KHC
$31.1B
| $5.33M | ﹤0.01% |
144,100
-131,000
| -48% | -$4.45M |
|
|
PYCR
1728
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $5.32M | ﹤0.01% |
246,601
-9,495
| -4% | -$206K |
|
1729
Paysafe
PSFE
$440M
| $5.32M | ﹤0.01% |
416,132
+361,485
| +661% | +$3.99M |
|
1730
PUT
Seagate
STX
$185B
| $5.32M | ﹤0.01% |
62,300
| – | – |
|
1731
APA Corp
APA
$12.3B
| $5.32M | ﹤0.01% |
148,189
-258,390
| -64% | -$9.76M |
|
|
MRC
1732
DELISTED
MRC Global
MRC
| $5.31M | ﹤0.01% |
482,655
-134,351
| -22% | -$1.41M |
|
1733
PUT
Watsco Inc
WSO
$15B
| $5.31M | ﹤0.01% |
12,400
+8,200
| +195% | +$3.18M |
|
1734
CALL
Sysco
SYY
$40.2B
| $5.29M | ﹤0.01% |
+72,300
| New | +$4.99M |
|
1735
PUT
Canadian Natural Resources
CNQ
$93.4B
| $5.27M | ﹤0.01% |
161,000
| – | – |
|
1736
First Industrial Realty Trust
FR
$8.81B
| $5.27M | ﹤0.01% |
100,088
-63,528
| -39% | -$2.96M |
|
1737
UBS Group
UBS
$172B
| $5.27M | ﹤0.01% |
170,391
+13,941
| +9% | +$367K |
|
|
AZUL
1738
DELISTED
Azul
AZUL
| $5.24M | ﹤0.01% |
541,081
+225,267
| +71% | +$2.05M |
|
1739
Coeur Mining
CDE
$15.8B
| $5.23M | ﹤0.01% |
1,605,267
-67,616
| -4% | -$185K |
|
|
OSG
1740
DELISTED
Overseas Shipholding Group Inc.
OSG
| $5.23M | ﹤0.01% |
992,914
-88,290
| -8% | -$428K |
|
1741
The RealReal
REAL
$1.4B
| $5.23M | ﹤0.01% |
2,601,112
+1,650,791
| +174% | +$3.21M |
|
1742
CALL
Petrobras
PBR
$116B
| $5.2M | ﹤0.01% |
325,600
-743,600
| -70% | -$11.4M |
|
1743
Gibraltar Industries
ROCK
$1.36B
| $5.19M | ﹤0.01% |
65,710
-3,855
| -6% | -$263K |
|
1744
PUT
Fastly Inc
FSLY
$3.14B
| $5.19M | ﹤0.01% |
291,300
-147,000
| -34% | -$2.48M |
|
1745
Expensify
EXFY
$175M
| $5.18M | ﹤0.01% |
2,096,706
+1,059,863
| +102% | +$2.74M |
|
1746
State Street SPDR S&P Homebuilders ETF
XHB
$1.68B
| $5.16M | ﹤0.01% |
+53,988
| New | +$4.39M |
|
1747
Telus
TU
$16.2B
| $5.16M | ﹤0.01% |
290,133
+259,788
| +856% | +$4.49M |
|
1748
PUT
ResMed
RMD
$29.5B
| $5.16M | ﹤0.01% |
30,000
+20,000
| +200% | +$3.07M |
|
1749
PUT
Synopsys
SNPS
$74.5B
| $5.15M | ﹤0.01% |
+10,000
| New | +$5.11M |
|
|
PLYA
1750
DELISTED
Playa Hotels & Resorts
PLYA
| $5.14M | ﹤0.01% |
594,688
-253,389
| -30% | -$1.91M |
|
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.