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 |
SCHW
Charles Schwab
SCHW
|
+$602M |
| 2 |
Booking.com
BKNG
|
+$582M |
| 3 |
Walmart Inc
WMT
|
+$407M |
| 4 |
Visa
V
|
+$395M |
| 5 |
Johnson & Johnson
JNJ
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$483M |
| 2 |
Salesforce
CRM
|
+$380M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$364M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$336M |
| 5 |
Colgate-Palmolive
CL
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.47% |
| 2 | Consumer Discretionary | 9.17% |
| 3 | Healthcare | 8.57% |
| 4 | Financials | 7.92% |
| 5 | Industrials | 4.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Hilltop Holdings
HTH
$2.26B
| $4.13M | ﹤0.01% |
139,187
+100,949
| +264% | +$3.19M |
|
1977
CALL
Paychex
PAYX
$43.4B
| $4.13M | ﹤0.01% |
36,000
-63,900
| -64% | -$7.27M |
|
1978
Nomura Holdings
NMR
$28.3B
| $4.12M | ﹤0.01% |
1,085,334
+33,144
| +3% | +$131K |
|
1979
SL Green Realty
SLG
$3.83B
| $4.12M | ﹤0.01% |
175,270
+169,240
| +2,807% | +$5.71M |
|
1980
CALL
Lemonade
LMND
$3.66B
| $4.12M | ﹤0.01% |
289,000
-87,700
| -23% | -$1.33M |
|
1981
Advance Auto Parts
AAP
$3.53B
| $4.11M | ﹤0.01% |
33,813
+30,887
| +1,056% | +$4.32M |
|
1982
Brookfield Renewable
BEPC
$5.86B
| $4.11M | ﹤0.01% |
117,643
+59,075
| +101% | +$1.79M |
|
1983
Braze
BRZE
$3.02B
| $4.11M | ﹤0.01% |
118,785
+82,039
| +223% | +$2.55M |
|
|
CSII
1984
DELISTED
Cardiovascular Systems, Inc.
CSII
| $4.1M | ﹤0.01% |
206,279
-183,214
| -47% | -$3.16M |
|
1985
FirstService
FSV
$6.55B
| $4.09M | ﹤0.01% |
29,011
+1,500
| +5% | +$207K |
|
1986
Genesco
GCO
$434M
| $4.09M | ﹤0.01% |
110,787
+35,223
| +47% | +$1.54M |
|
1987
Old Dominion Freight Line
ODFL
$46.3B
| $4.08M | ﹤0.01% |
23,938
-10,810
| -31% | -$1.81M |
|
1988
Expro Ltd
XPRO
$1.64B
| $4.08M | ﹤0.01% |
222,107
-48,625
| -18% | -$954K |
|
1989
Robert Half
RHI
$4.11B
| $4.07M | ﹤0.01% |
50,549
-16,313
| -24% | -$1.29M |
|
1990
PUT
STMicroelectronics
STM
$43.1B
| $4.07M | ﹤0.01% |
76,100
-19,700
| -21% | -$919K |
|
|
ENV
1991
DELISTED
ENVESTNET, INC.
ENV
| $4.07M | ﹤0.01% |
69,374
-10,193
| -13% | -$633K |
|
1992
CALL
Imperial Oil
IMO
$62.3B
| $4.07M | ﹤0.01% |
80,000
-200,000
| -71% | -$9.98M |
|
1993
Baytex Energy
BTE
$2.96B
| $4.07M | ﹤0.01% |
+1,084,400
| New | +$4.01M |
|
1994
PUT
Bath & Body Works
BBWI
$3.97B
| $4.07M | ﹤0.01% |
111,200
-229,800
| -67% | -$9.63M |
|
1995
Wynn Resorts
WYNN
$10.3B
| $4.06M | ﹤0.01% |
36,241
-114,262
| -76% | -$12M |
|
1996
Healthcare Services Group
HCSG
$1.61B
| $4.05M | ﹤0.01% |
292,067
+25,198
| +9% | +$332K |
|
|
SGEN
1997
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $4.05M | ﹤0.01% |
20,000
| – | – |
|
1998
Insmed
INSM
$22.4B
| $4.05M | ﹤0.01% |
237,367
-189,916
| -44% | -$3.69M |
|
1999
Century Aluminum
CENX
$4.22B
| $4.05M | ﹤0.01% |
404,546
-438,691
| -52% | -$4.54M |
|
2000
PUT
PG&E
PCG
$39B
| $4.04M | ﹤0.01% |
250,000
| – | – |
|
Similar funds
D.E. Shaw & Co's Q1 2023 Portfolio in Review
As of Q1 2023, D.E. Shaw & Co held 5,246 positions worth $93.4B, up 3.2% from $90.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $9.17B in Q1 2023, closing 861 positions and reducing 1,787 holdings. Its most notable exit was SVB Financial Group, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in State Street Utilities Select Sector SPDR ETF worth $99.9M.
- D.E. Shaw & Co's largest Q1 2023 buy was State Street Utilities Select Sector SPDR ETF: 2,950,552 shares worth $99.9M.
- D.E. Shaw & Co added most to Charles Schwab in Q1 2023, an estimated $602M increase.
- D.E. Shaw & Co's biggest Q1 2023 reduction was Microsoft, cutting an estimated $483M.
- D.E. Shaw & Co fully exited SVB Financial Group in Q1 2023, selling an estimated $163M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $93.4B portfolio in Q1 2023.
- D.E. Shaw & Co opened 431 new positions and closed 861 in Q1 2023.
- D.E. Shaw & Co's portfolio value rose 3.2% quarter-over-quarter to $93.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2023, filed 15 May 2023.