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 | |
|---|---|---|---|---|---|---|
1776
PUT
Best Buy
BBY
$18.9B
| $4.99M | ﹤0.01% |
63,700
-14,500
| -19% | -$1.02M |
|
1777
Seadrill
SDRL
$2.56B
| $4.96M | ﹤0.01% |
+104,946
| New | +$4.45M |
|
1778
Phillips Edison & Co
PECO
$5.37B
| $4.96M | ﹤0.01% |
135,997
+38,339
| +39% | +$1.34M |
|
1779
Charter Communications
CHTR
$16.7B
| $4.96M | ﹤0.01% |
12,761
-10,885
| -46% | -$4.44M |
|
1780
Dorman Products
DORM
$4.28B
| $4.96M | ﹤0.01% |
59,445
-7,171
| -11% | -$536K |
|
|
SEE
1781
CALL
DELISTED
Sealed Air
SEE
| $4.96M | ﹤0.01% |
135,700
+23,900
| +21% | +$784K |
|
1782
Harmony Gold Mining
HMY
$9.7B
| $4.94M | ﹤0.01% |
803,456
+309,507
| +63% | +$1.63M |
|
|
AKRO
1783
DELISTED
Akero Therapeutics
AKRO
| $4.93M | ﹤0.01% |
210,960
+74,062
| +54% | +$1.46M |
|
1784
CALL
Sun Life Financial
SLF
$46.6B
| $4.93M | ﹤0.01% |
95,000
+45,000
| +90% | +$2.21M |
|
1785
The Ensign Group
ENSG
$10.7B
| $4.92M | ﹤0.01% |
43,850
+40,328
| +1,145% | +$4.17M |
|
1786
Gates Industrial Corporation Ltd.
GTES
$6.69B
| $4.91M | ﹤0.01% |
366,074
-718,607
| -66% | -$8.5M |
|
1787
PUT
Pembina Pipeline
PBA
$29B
| $4.9M | ﹤0.01% |
142,500
+62,500
| +78% | +$2M |
|
1788
Warner Bros
WBD
$64.2B
| $4.9M | ﹤0.01% |
430,917
-1,083,524
| -72% | -$11.7M |
|
1789
Metallus
MTUS
$879M
| $4.9M | ﹤0.01% |
208,878
-6,821
| -3% | -$143K |
|
1790
Manitowoc
MTW
$527M
| $4.89M | ﹤0.01% |
292,755
-34,683
| -11% | -$505K |
|
1791
Martin Marietta Materials
MLM
$35B
| $4.88M | ﹤0.01% |
9,783
-43,724
| -82% | -$19.7M |
|
1792
Toll Brothers
TOL
$14.5B
| $4.88M | ﹤0.01% |
47,483
-126,765
| -73% | -$10.6M |
|
1793
Omeros
OMER
$816M
| $4.88M | ﹤0.01% |
1,492,303
+130,867
| +10% | +$276K |
|
|
CFLT
1794
DELISTED
Confluent
CFLT
| $4.87M | ﹤0.01% |
207,907
-497,988
| -71% | -$12M |
|
1795
American Superconductor
AMSC
$1.39B
| $4.85M | ﹤0.01% |
435,744
+61,616
| +16% | +$521K |
|
1796
Construction Partners
ROAD
$6.03B
| $4.84M | ﹤0.01% |
111,099
+23,105
| +26% | +$947K |
|
1797
TaskUs
TASK
$568M
| $4.83M | ﹤0.01% |
369,220
+217,940
| +144% | +$2.41M |
|
1798
Agios Pharmaceuticals
AGIO
$2.14B
| $4.82M | ﹤0.01% |
216,484
+58,204
| +37% | +$1.3M |
|
1799
CALL
Pultegroup
PHM
$25.7B
| $4.82M | ﹤0.01% |
46,700
-8,300
| -15% | -$705K |
|
1800
LivePerson
LPSN
$22.9M
| $4.82M | ﹤0.01% |
84,700
-31,845
| -27% | -$1.47M |
|
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.