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 |
Tesla
TSLA
|
+$826M |
| 2 |
Microsoft
MSFT
|
+$549M |
| 3 |
Pinduoduo
PDD
|
+$305M |
| 4 |
Intel
INTC
|
+$274M |
| 5 |
Apple
AAPL
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$382M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$298M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$267M |
| 4 |
Procter & Gamble
PG
|
+$260M |
| 5 |
Meta Platforms (Facebook)
META
|
+$244M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.32% |
| 2 | Healthcare | 8.96% |
| 3 | Financials | 7.81% |
| 4 | Consumer Discretionary | 7.49% |
| 5 | Industrials | 4.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
PUT
Peloton Interactive
PTON
$2.71B
| $4.94M | 0.01% |
621,700
+309,700
| +99% | +$2.97M |
|
1977
Xometry
XMTR
$4.75B
| $4.93M | 0.01% |
153,058
-64,752
| -30% | -$3.02M |
|
|
NUVA
1978
DELISTED
NuVasive, Inc.
NUVA
| $4.93M | 0.01% |
119,586
+87,363
| +271% | +$3.54M |
|
1979
Old Dominion Freight Line
ODFL
$47.2B
| $4.93M | 0.01% |
34,748
-64,776
| -65% | -$9.2M |
|
1980
PUT
Norfolk Southern
NSC
$77.1B
| $4.93M | 0.01% |
20,000
+10,000
| +100% | +$2.37M |
|
|
TGH
1981
DELISTED
Textainer Group Holdings limited
TGH
| $4.93M | 0.01% |
158,866
+99,639
| +168% | +$2.96M |
|
|
QUOT
1982
DELISTED
Quotient Technology Inc
QUOT
| $4.92M | 0.01% |
1,434,826
-623,003
| -30% | -$1.76M |
|
|
ENV
1983
DELISTED
ENVESTNET, INC.
ENV
| $4.91M | 0.01% |
79,567
-10,535
| -12% | -$561K |
|
1984
Expro Ltd
XPRO
$1.78B
| $4.91M | 0.01% |
270,732
+4,651
| +2% | +$78.9K |
|
1985
Tradeweb Markets
TW
$21.7B
| $4.91M | 0.01% |
75,574
-44,600
| -37% | -$2.62M |
|
|
DNAD
1986
DELISTED
Social Capital Suvretta Holdings Corp. IV Class A Ordinary Shares
DNAD
| $4.88M | 0.01% |
486,030
+548
| +0.1% | +$5.45K |
|
1987
Delek US
DK
$3.95B
| $4.88M | 0.01% |
180,727
+120,908
| +202% | +$3.57M |
|
1988
Boston Beer
SAM
$1.91B
| $4.87M | 0.01% |
14,791
-15,805
| -52% | -$5.73M |
|
1989
Nordic American Tanker
NAT
$1.37B
| $4.87M | 0.01% |
1,592,713
-187,858
| -11% | -$606K |
|
|
HTZWW
1990
Hertz Global Holdings Warrants
HTZWW
$79.8M
| $4.87M | 0.01% |
652,977
-489,271
| -43% | -$4.31M |
|
|
B
1991
CALL
Barrick Mining
B
$62.6B
| $4.87M | 0.01% |
283,300
-400,000
| -59% | -$6.36M |
|
|
LOGC
1992
DELISTED
ContextLogic
LOGC
| $4.85M | 0.01% |
331,713
+331,025
| +48,114% | +$6.8M |
|
1993
Valmont Industries
VMI
$9.61B
| $4.85M | 0.01% |
14,672
-16,572
| -53% | -$5.26M |
|
1994
Ameren
AEE
$31B
| $4.84M | 0.01% |
54,481
+19,771
| +57% | +$1.66M |
|
1995
Wabtec
WAB
$50.8B
| $4.84M | 0.01% |
48,504
+12,604
| +35% | +$1.2M |
|
1996
Ranpak Holdings
PACK
$572M
| $4.84M | 0.01% |
838,937
+280,299
| +50% | +$1.34M |
|
1997
Pan American Silver
PAAS
$18.6B
| $4.84M | 0.01% |
296,024
+98,899
| +50% | +$1.58M |
|
|
SWTX
1998
DELISTED
SpringWorks Therapeutics
SWTX
| $4.84M | 0.01% |
185,920
+40,310
| +28% | +$993K |
|
|
JWN
1999
DELISTED
Nordstrom
JWN
| $4.83M | 0.01% |
299,501
-467,644
| -61% | -$8.95M |
|
2000
CALL
Align Technology
ALGN
$12B
| $4.83M | 0.01% |
22,900
+12,900
| +129% | +$2.58M |
|
Similar funds
D.E. Shaw & Co's Q4 2022 Portfolio in Review
As of Q4 2022, D.E. Shaw & Co held 5,609 positions worth $90.5B, up 8.1% from $83.7B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
D.E. Shaw & Co's Q4 2022 filing shows 476 new, 1,793 increased, 1,541 reduced and 783 closed positions. Its largest new stake was iShares JPMorgan USD Emerging Markets Bond ETF: 3,017,047 shares worth $255M. The largest sale was Berkshire Hathaway Class B, an estimated $382M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Financials.
- D.E. Shaw & Co's largest Q4 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 3,017,047 shares worth $255M.
- D.E. Shaw & Co added most to Tesla in Q4 2022, an estimated $826M increase.
- D.E. Shaw & Co's biggest Q4 2022 reduction was Berkshire Hathaway Class B, cutting an estimated $382M.
- D.E. Shaw & Co fully exited Twitter, Inc. in Q4 2022, selling an estimated $267M.
- D.E. Shaw & Co's ten largest holdings make up 8.3% of its $90.5B portfolio in Q4 2022.
- D.E. Shaw & Co opened 476 new positions and closed 783 in Q4 2022.
- D.E. Shaw & Co's portfolio value rose 8.1% quarter-over-quarter to $90.5B.
Based on D.E. Shaw & Co's 13F filing for Q4 2022, filed 14 Feb 2023.