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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SGEN
1951
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $3.85M | ﹤0.01% |
20,000
| – | – |
|
1952
SunCoke Energy
SXC
$765M
| $3.84M | ﹤0.01% |
488,180
+99,850
| +26% | +$784K |
|
1953
Commercial Vehicle Group
CVGI
$154M
| $3.84M | ﹤0.01% |
345,855
+209,685
| +154% | +$1.9M |
|
1954
CALL
CF Industries
CF
$18.4B
| $3.84M | ﹤0.01% |
55,300
-17,200
| -24% | -$1.2M |
|
1955
Hecla Mining
HL
$10.2B
| $3.83M | ﹤0.01% |
744,573
+484,378
| +186% | +$2.77M |
|
1956
J.M. Smucker
SJM
$12.9B
| $3.83M | ﹤0.01% |
25,949
-48,065
| -65% | -$7.33M |
|
1957
Jones Lang LaSalle
JLL
$15.5B
| $3.82M | ﹤0.01% |
24,488
-38,764
| -61% | -$5.5M |
|
1958
TTEC Holdings
TTEC
$107M
| $3.81M | ﹤0.01% |
112,734
+75,653
| +204% | +$2.59M |
|
1959
Delek US
DK
$3.95B
| $3.81M | ﹤0.01% |
159,285
+82,451
| +107% | +$1.87M |
|
1960
Alto Ingredients
ALTO
$349M
| $3.81M | ﹤0.01% |
1,318,725
-115,665
| -8% | -$220K |
|
1961
CALL
Lyft
LYFT
$5.73B
| $3.81M | ﹤0.01% |
396,900
-111,400
| -22% | -$1.07M |
|
1962
PUT
STMicroelectronics
STM
$47.7B
| $3.8M | ﹤0.01% |
76,100
| – | – |
|
1963
National Vision
EYE
$1.66B
| $3.8M | ﹤0.01% |
156,544
-270,686
| -63% | -$6.3M |
|
1964
PUT
Annaly Capital Management
NLY
$16.9B
| $3.8M | ﹤0.01% |
190,000
-124,900
| -40% | -$2.43M |
|
1965
Xenon Pharmaceuticals
XENE
$6.36B
| $3.8M | ﹤0.01% |
98,745
-107,927
| -52% | -$4.29M |
|
1966
NerdWallet
NRDS
$613M
| $3.8M | ﹤0.01% |
403,703
-107,223
| -21% | -$1.21M |
|
1967
PUT
Bio-Rad Laboratories Class A
BIO
$8.47B
| $3.79M | ﹤0.01% |
10,000
| – | – |
|
1968
Lightspeed Commerce
LSPD
$1.35B
| $3.78M | ﹤0.01% |
223,286
-193,736
| -46% | -$2.79M |
|
|
B
1969
Barrick Mining
B
$62.6B
| $3.78M | ﹤0.01% |
223,078
-171,944
| -44% | -$3.13M |
|
|
TCS
1970
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $3.78M | ﹤0.01% |
80,155
-4,074
| -5% | -$181K |
|
1971
Sumitomo Mitsui Financial
SMFG
$167B
| $3.76M | ﹤0.01% |
437,364
-718,457
| -62% | -$5.94M |
|
1972
PUT
Walmart Inc
WMT
$889B
| $3.76M | ﹤0.01% |
71,700
-506,400
| -88% | -$25.5M |
|
1973
Eagle Bancorp
EGBN
$858M
| $3.76M | ﹤0.01% |
177,505
+103,831
| +141% | +$2.44M |
|
1974
Wipro
WIT
$18.9B
| $3.76M | ﹤0.01% |
1,591,444
-559,678
| -26% | -$1.3M |
|
|
TYGOW
1975
DELISTED
Tigo Energy, Inc. Warrant
TYGOW
| $3.76M | ﹤0.01% |
+2,051,948
| New | +$1.56M |
|
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D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.