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 | |
|---|---|---|---|---|---|---|
1926
UBS Group
UBS
$170B
| $3.86M | ﹤0.01% |
156,450
-1,150,998
| -88% | -$26.9M |
|
1927
Methanex
MEOH
$4.23B
| $3.85M | ﹤0.01% |
85,500
+8,400
| +11% | +$360K |
|
1928
PUT
Invesco
IVZ
$12.4B
| $3.85M | ﹤0.01% |
265,000
+55,000
| +26% | +$885K |
|
|
GRMN
1929
Garmin
GRMN
$56.9B
| $3.85M | ﹤0.01% |
36,554
-33,187
| -48% | -$3.49M |
|
1930
CarGurus
CARG
$3.34B
| $3.84M | ﹤0.01% |
219,336
-152,487
| -41% | -$3.01M |
|
1931
Blackrock
BLK
$167B
| $3.84M | ﹤0.01% |
5,936
-565
| -9% | -$395K |
|
1932
nLIGHT
LASR
$3.33B
| $3.84M | ﹤0.01% |
368,862
-2,313
| -0.6% | -$28.2K |
|
1933
PUT
Texas Instruments
TXN
$248B
| $3.83M | ﹤0.01% |
24,100
-206,200
| -90% | -$35.2M |
|
1934
LGI Homes
LGIH
$1.35B
| $3.82M | ﹤0.01% |
+38,411
| New | +$4.77M |
|
1935
DMC Global
BOOM
$111M
| $3.81M | ﹤0.01% |
155,751
+9,980
| +7% | +$217K |
|
1936
BCE
BCE
$20.8B
| $3.81M | ﹤0.01% |
99,776
-91,900
| -48% | -$3.86M |
|
1937
Medifast
MED
$107M
| $3.81M | ﹤0.01% |
50,849
-28,792
| -36% | -$2.55M |
|
1938
CALL
Rapid7
RPD
$628M
| $3.8M | ﹤0.01% |
82,900
-4,500
| -5% | -$208K |
|
1939
Alto Ingredients
ALTO
$338M
| $3.79M | ﹤0.01% |
857,032
-461,693
| -35% | -$1.78M |
|
|
DOO
1940
PUT
Bombardier Recreational Products
DOO
$4.48B
| $3.79M | ﹤0.01% |
50,000
| – | – |
|
1941
PUT
Campbell Soup
CPB
$6.85B
| $3.78M | ﹤0.01% |
92,000
+22,000
| +31% | +$962K |
|
1942
CALL
Global E Online
GLBE
$6.76B
| $3.78M | ﹤0.01% |
95,100
-1,500
| -2% | -$60.4K |
|
|
PENG
1943
Penguin Solutions Inc
PENG
$2.24B
| $3.77M | ﹤0.01% |
154,881
-135,377
| -47% | -$3.42M |
|
1944
CALL
Gilead Sciences
GILD
$165B
| $3.76M | ﹤0.01% |
50,200
-24,800
| -33% | -$1.91M |
|
1945
PUT
Bumble
BMBL
$387M
| $3.76M | ﹤0.01% |
252,000
| – | – |
|
1946
CALL
Becton Dickinson
BDX
$46.4B
| $3.75M | ﹤0.01% |
+14,500
| New | +$3.92M |
|
1947
SiteOne Landscape Supply
SITE
$4.16B
| $3.75M | ﹤0.01% |
22,924
-3,655
| -14% | -$597K |
|
1948
CALL
Lyft
LYFT
$5.86B
| $3.74M | ﹤0.01% |
355,300
-41,600
| -10% | -$464K |
|
|
LL
1949
DELISTED
LL Flooring Holdings, Inc.
LL
| $3.74M | ﹤0.01% |
1,180,222
+106,405
| +10% | +$383K |
|
1950
PUT
ArcBest
ARCB
$3.15B
| $3.74M | ﹤0.01% |
36,800
| – | – |
|
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.