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 | |
|---|---|---|---|---|---|---|
1826
Clear Secure
YOU
$5.44B
| $4.66M | ﹤0.01% |
225,626
-183,084
| -45% | -$3.56M |
|
1827
ePlus
PLUS
$2.42B
| $4.65M | ﹤0.01% |
58,288
-34,379
| -37% | -$2.3M |
|
1828
Intrepid Potash
IPI
$464M
| $4.64M | ﹤0.01% |
194,101
+33,978
| +21% | +$718K |
|
|
ISRL
1829
DELISTED
Israel Acquisitions Corp
ISRL
| $4.63M | ﹤0.01% |
433,000
| – | – |
|
1830
CALL
Danaher
DHR
$140B
| $4.63M | ﹤0.01% |
20,000
-11,922
| -37% | -$2.54M |
|
1831
Ingevity
NGVT
$2.62B
| $4.62M | ﹤0.01% |
97,922
+3,477
| +4% | +$144K |
|
1832
CALL
Lyft
LYFT
$5.81B
| $4.61M | ﹤0.01% |
307,700
-47,600
| -13% | -$554K |
|
1833
PUT
Johnson Controls International
JCI
$85.3B
| $4.61M | ﹤0.01% |
+80,000
| New | +$4.2M |
|
1834
Alamo Group
ALG
$2.01B
| $4.61M | ﹤0.01% |
21,937
+7,747
| +55% | +$1.42M |
|
1835
Ormat Technologies
ORA
$6.07B
| $4.6M | ﹤0.01% |
60,737
-10,724
| -15% | -$728K |
|
|
DQ
1836
CALL
Daqo New Energy
DQ
$813M
| $4.59M | ﹤0.01% |
+172,600
| New | +$4.4M |
|
1837
CALL
Synchrony
SYF
$24.9B
| $4.58M | ﹤0.01% |
120,000
| – | – |
|
1838
PUT
Humana
HUM
$46.5B
| $4.58M | ﹤0.01% |
+10,000
| New | +$4.93M |
|
|
HBI
1839
DELISTED
Hanesbrands
HBI
| $4.57M | ﹤0.01% |
1,025,231
+970,131
| +1,761% | +$3.95M |
|
|
HES
1840
PUT
DELISTED
Hess
HES
| $4.57M | ﹤0.01% |
31,700
-23,400
| -42% | -$3.43M |
|
1841
Crown Castle
CCI
$33.5B
| $4.56M | ﹤0.01% |
39,584
-816,264
| -95% | -$83.6M |
|
|
LL
1842
DELISTED
LL Flooring Holdings, Inc.
LL
| $4.56M | ﹤0.01% |
1,169,040
-11,182
| -0.9% | -$37.3K |
|
1843
CALL
Imperial Oil
IMO
$60.5B
| $4.56M | ﹤0.01% |
80,000
| – | – |
|
1844
OSI Systems
OSIS
$3.61B
| $4.55M | ﹤0.01% |
35,284
-12,786
| -27% | -$1.52M |
|
1845
CALL
KB Home
KBH
$3.55B
| $4.55M | ﹤0.01% |
72,800
-86,100
| -54% | -$4.43M |
|
1846
CALL
Skywest
SKYW
$4.5B
| $4.54M | ﹤0.01% |
87,000
| – | – |
|
1847
PUT
Tenet Healthcare
THC
$22.2B
| $4.53M | ﹤0.01% |
59,900
| – | – |
|
|
WCC
1848
PUT
WESCO International
WCC
$16B
| $4.52M | ﹤0.01% |
26,000
+10,000
| +63% | +$1.5M |
|
1849
Forward Air
FWRD
$470M
| $4.51M | ﹤0.01% |
71,766
+15,461
| +27% | +$1.04M |
|
1850
Cullen/Frost Bankers
CFR
$10.4B
| $4.51M | ﹤0.01% |
41,538
+20,139
| +94% | +$1.96M |
|
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.