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 | |
|---|---|---|---|---|---|---|
1901
Bruker
BRKR
$9.4B
| $3.96M | ﹤0.01% |
63,527
-10,458
| -14% | -$703K |
|
1902
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $3.96M | ﹤0.01% |
59,019
-126,735
| -68% | -$8.55M |
|
1903
CALL
XPeng
XPEV
$12.5B
| $3.96M | ﹤0.01% |
215,500
-2,800
| -1% | -$47.5K |
|
1904
PUT
Ciena
CIEN
$46.8B
| $3.95M | ﹤0.01% |
+83,600
| New | +$3.69M |
|
1905
PUT
Tenet Healthcare
THC
$22.2B
| $3.95M | ﹤0.01% |
+59,900
| New | +$4.48M |
|
1906
CALL
Freeport-McMoran
FCX
$86.2B
| $3.95M | ﹤0.01% |
105,800
-64,300
| -38% | -$2.59M |
|
1907
Pathward Financial
CASH
$1.88B
| $3.94M | ﹤0.01% |
85,564
-53,640
| -39% | -$2.67M |
|
1908
CALL
Fastenal
FAST
$54.8B
| $3.94M | ﹤0.01% |
+144,200
| New | +$4.09M |
|
|
CHX
1909
DELISTED
ChampionX
CHX
| $3.94M | ﹤0.01% |
110,568
-304,516
| -73% | -$10.8M |
|
1910
Huron Consulting
HURN
$2.76B
| $3.94M | ﹤0.01% |
37,780
+13,107
| +53% | +$1.25M |
|
1911
PUT
Equinor
EQNR
$97.3B
| $3.93M | ﹤0.01% |
120,000
| – | – |
|
1912
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $3.93M | ﹤0.01% |
+48,000
| New | +$4.12M |
|
|
FTCH
1913
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $3.93M | ﹤0.01% |
1,881,600
+924,900
| +97% | +$3.78M |
|
1914
Agios Pharmaceuticals
AGIO
$2.08B
| $3.92M | ﹤0.01% |
158,280
+62,420
| +65% | +$1.65M |
|
1915
Advanced Drainage Systems
WMS
$10.6B
| $3.92M | ﹤0.01% |
34,405
-111,677
| -76% | -$13.6M |
|
1916
Twist Bioscience
TWST
$5.32B
| $3.92M | ﹤0.01% |
+193,265
| New | +$4.25M |
|
1917
Alexandria Real Estate Equities
ARE
$9.37B
| $3.91M | ﹤0.01% |
39,028
+27,975
| +253% | +$3.25M |
|
1918
CALL
Polaris
PII
$3.83B
| $3.91M | ﹤0.01% |
37,500
+34,200
| +1,036% | +$4.06M |
|
1919
Helmerich & Payne
HP
$3.34B
| $3.89M | ﹤0.01% |
92,265
+41,362
| +81% | +$1.73M |
|
1920
CALL
e.l.f. Beauty
ELF
$4.77B
| $3.89M | ﹤0.01% |
35,400
+5,900
| +20% | +$717K |
|
1921
Sociedad Química y Minera de Chile
SQM
$19.3B
| $3.87M | ﹤0.01% |
+64,880
| New | +$4.38M |
|
1922
Forward Air
FWRD
$461M
| $3.87M | ﹤0.01% |
+56,305
| New | +$4.96M |
|
1923
CALL
Boston Properties
BXP
$11.6B
| $3.87M | ﹤0.01% |
65,000
-10,400
| -14% | -$665K |
|
1924
PUT
Canadian Imperial Bank of Commerce
CM
$106B
| $3.86M | ﹤0.01% |
100,000
-11,600
| -10% | -$479K |
|
|
VBTX
1925
DELISTED
Veritex Holdings
VBTX
| $3.86M | ﹤0.01% |
215,022
+43,195
| +25% | +$833K |
|
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.