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 |
Amazon
AMZN
|
+$516M |
| 2 |
Estee Lauder
EL
|
+$487M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
Nike
NKE
|
+$252M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$584M |
| 2 |
Tesla
TSLA
|
+$483M |
| 3 |
NVIDIA
NVDA
|
+$444M |
| 4 |
Eli Lilly
LLY
|
+$345M |
| 5 |
T-Mobile US
TMUS
|
+$296M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.67% |
| 2 | Consumer Discretionary | 9.3% |
| 3 | Healthcare | 7.82% |
| 4 | Financials | 5.66% |
| 5 | Industrials | 4.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1751
CALL
XP
XP
$8.43B
| $4.65M | ﹤0.01% |
201,700
-245,100
| -55% | -$6.14M |
|
1752
Scholastic
SCHL
$774M
| $4.64M | ﹤0.01% |
121,729
+27,758
| +30% | +$1.15M |
|
1753
Franklin Electric
FELE
$4.66B
| $4.64M | ﹤0.01% |
51,950
+28,466
| +121% | +$2.75M |
|
|
TBCH
1754
Turtle Beach Corp
TBCH
$238M
| $4.63M | ﹤0.01% |
510,278
-31,578
| -6% | -$339K |
|
1755
Brookdale Senior Living
BKD
$3.55B
| $4.62M | ﹤0.01% |
1,116,942
+361,915
| +48% | +$1.45M |
|
1756
TFI International
TFII
$11.6B
| $4.62M | ﹤0.01% |
35,984
-185,900
| -84% | -$23.6M |
|
1757
CALL
Humana
HUM
$43.9B
| $4.62M | ﹤0.01% |
9,500
-7,200
| -43% | -$3.38M |
|
1758
Designer Brands
DBI
$315M
| $4.62M | ﹤0.01% |
364,708
+166,723
| +84% | +$1.78M |
|
1759
Gentex
GNTX
$5.1B
| $4.61M | ﹤0.01% |
141,737
+41,438
| +41% | +$1.33M |
|
1760
Amphastar Pharmaceuticals
AMPH
$907M
| $4.61M | ﹤0.01% |
100,173
-23,426
| -19% | -$1.28M |
|
|
HAPN
1761
Happen Inc
HAPN
$2.14B
| $4.6M | ﹤0.01% |
754,813
+150,148
| +25% | +$1.17M |
|
|
WCC
1762
WESCO International
WCC
$15.1B
| $4.6M | ﹤0.01% |
31,995
-57,663
| -64% | -$9.31M |
|
1763
Sunrun
RUN
$2.26B
| $4.59M | ﹤0.01% |
365,689
+278,687
| +320% | +$4.58M |
|
1764
James River Group Holdings
JRVR
$219M
| $4.59M | ﹤0.01% |
299,136
+132,384
| +79% | +$2.16M |
|
1765
DaVita
DVA
$15.5B
| $4.59M | ﹤0.01% |
48,567
-109,477
| -69% | -$11.2M |
|
1766
Hanover Insurance
THG
$8.13B
| $4.59M | ﹤0.01% |
41,341
-14,857
| -26% | -$1.64M |
|
1767
CALL
STMicroelectronics
STM
$43.1B
| $4.59M | ﹤0.01% |
106,300
| – | – |
|
|
ISRL
1768
DELISTED
Israel Acquisitions Corp
ISRL
| $4.57M | ﹤0.01% |
433,000
| – | – |
|
1769
CALL
Williams Companies
WMB
$85.8B
| $4.56M | ﹤0.01% |
135,500
+75,500
| +126% | +$2.58M |
|
|
WCN
1770
Waste Connections
WCN
$43.6B
| $4.56M | ﹤0.01% |
33,939
-52,192
| -61% | -$7.3M |
|
|
CCVI
1771
DELISTED
Churchill Capital Corp VI
CCVI
| $4.56M | ﹤0.01% |
436,057
| – | – |
|
1772
QuinStreet
QNST
$927M
| $4.55M | ﹤0.01% |
507,152
+19,906
| +4% | +$184K |
|
1773
Pennant Group
PNTG
$1.43B
| $4.55M | ﹤0.01% |
408,692
-24,738
| -6% | -$286K |
|
|
FL
1774
PUT
DELISTED
Foot Locker
FL
| $4.54M | ﹤0.01% |
261,600
+189,700
| +264% | +$4.24M |
|
1775
Manulife Financial
MFC
$73B
| $4.52M | ﹤0.01% |
247,140
-235,400
| -49% | -$4.45M |
|
Similar funds
D.E. Shaw & Co's Q3 2023 Portfolio in Review
As of Q3 2023, D.E. Shaw & Co held 4,689 positions worth $95.8B, down 2.2% from $97.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $2.99B in Q3 2023, closing 473 positions and reducing 1,535 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in NiSource Inc. Series A Corporate Units worth $52.6M.
- D.E. Shaw & Co's largest Q3 2023 buy was NiSource Inc. Series A Corporate Units: 540,000 shares worth $52.6M.
- D.E. Shaw & Co added most to Amazon in Q3 2023, an estimated $516M increase.
- D.E. Shaw & Co's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $584M.
- D.E. Shaw & Co fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $174M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $95.8B portfolio in Q3 2023.
- D.E. Shaw & Co opened 482 new positions and closed 473 in Q3 2023.
- D.E. Shaw & Co's portfolio value fell 2.2% quarter-over-quarter to $95.8B.
Based on D.E. Shaw & Co's 13F filing for Q3 2023, filed 14 Nov 2023.