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 | |
|---|---|---|---|---|---|---|
1751
CALL
Shake Shack
SHAK
$2.48B
| $4.94M | 0.01% |
63,500
+59,500
| +1,488% | +$3.82M |
|
1752
PUT
Ambarella
AMBA
$2.99B
| $4.92M | 0.01% |
58,800
+10,000
| +20% | +$731K |
|
1753
Old Dominion Freight Line
ODFL
$47.2B
| $4.91M | 0.01% |
26,582
+2,644
| +11% | +$428K |
|
1754
PUT
RingCentral
RNG
$4.5B
| $4.91M | 0.01% |
149,900
-127,500
| -46% | -$3.92M |
|
1755
Guidewire Software
GWRE
$12.4B
| $4.9M | 0.01% |
64,430
-224,327
| -78% | -$17.2M |
|
1756
PUT
AngloGold Ashanti
AU
$40.7B
| $4.9M | 0.01% |
+232,200
| New | +$5.85M |
|
1757
United Rentals
URI
$70.2B
| $4.87M | 0.01% |
10,928
-42,179
| -79% | -$15.6M |
|
1758
Tradeweb Markets
TW
$21.7B
| $4.87M | 0.01% |
71,047
+9,422
| +15% | +$667K |
|
1759
Coherus Oncology
CHRS
$225M
| $4.86M | 0.01% |
1,137,148
+138,770
| +14% | +$819K |
|
|
ALSA
1760
DELISTED
Alpha Star Acquisition Corp
ALSA
| $4.83M | ﹤0.01% |
450,000
| – | – |
|
|
GAP
1761
PUT
The Gap Inc
GAP
$7.07B
| $4.82M | ﹤0.01% |
540,000
+110,000
| +26% | +$981K |
|
1762
Vulcan Materials
VMC
$36.9B
| $4.8M | ﹤0.01% |
21,296
-30,014
| -58% | -$5.75M |
|
1763
PUT
Thermo Fisher Scientific
TMO
$208B
| $4.8M | ﹤0.01% |
9,200
-8,300
| -47% | -$4.48M |
|
|
MNTN
1764
DELISTED
Everest Consolidator Acquisition Corporation
MNTN
| $4.79M | ﹤0.01% |
450,000
| – | – |
|
1765
ePlus
PLUS
$2.33B
| $4.78M | ﹤0.01% |
84,822
+18,973
| +29% | +$935K |
|
1766
PUT
Canadian Imperial Bank of Commerce
CM
$108B
| $4.76M | ﹤0.01% |
111,600
+11,600
| +12% | +$490K |
|
1767
DoorDash
DASH
$80.3B
| $4.75M | ﹤0.01% |
62,147
-89,400
| -59% | -$5.93M |
|
1768
CALL
Zions Bancorporation
ZION
$10B
| $4.75M | ﹤0.01% |
+176,800
| New | +$4.9M |
|
|
AYX
1769
PUT
DELISTED
Alteryx Inc
AYX
| $4.74M | ﹤0.01% |
104,300
+72,600
| +229% | +$3.18M |
|
1770
Melco Resorts & Entertainment
MLCO
$2.18B
| $4.73M | ﹤0.01% |
387,541
-101,471
| -21% | -$1.26M |
|
1771
Howard Hughes
HHH
$3.93B
| $4.72M | ﹤0.01% |
62,796
+26,690
| +74% | +$1.93M |
|
1772
PUT
Shell
SHEL
$239B
| $4.72M | ﹤0.01% |
78,200
| – | – |
|
1773
PUT
Burlington
BURL
$22.5B
| $4.72M | ﹤0.01% |
30,000
+8,800
| +42% | +$1.51M |
|
1774
Zeta Global
ZETA
$5.17B
| $4.72M | ﹤0.01% |
552,762
+473,015
| +593% | +$4.33M |
|
1775
CALL
Bunge Global
BG
$22.8B
| $4.72M | ﹤0.01% |
50,000
| – | – |
|
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.