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 | |
|---|---|---|---|---|---|---|
1976
PUT
Illumina
ILMN
$28.7B
| $3.75M | ﹤0.01% |
20,560
-11,514
| -36% | -$2.33M |
|
1977
PUT
Pool Corp
POOL
$6.73B
| $3.75M | ﹤0.01% |
10,000
| – | – |
|
1978
CALL
Kinsale Capital Group
KNSL
$8.24B
| $3.74M | ﹤0.01% |
+10,000
| New | +$3.32M |
|
1979
Archer Aviation
ACHR
$3.78B
| $3.74M | ﹤0.01% |
906,879
+504,811
| +126% | +$1.42M |
|
1980
Anika Therapeutics
ANIK
$200M
| $3.73M | ﹤0.01% |
143,677
+5,410
| +4% | +$145K |
|
1981
Ardmore Shipping
ASC
$669M
| $3.73M | ﹤0.01% |
301,922
-420,442
| -58% | -$5.61M |
|
1982
PUT
Autodesk
ADSK
$47.7B
| $3.72M | ﹤0.01% |
18,200
-12,500
| -41% | -$2.5M |
|
1983
PUT
Las Vegas Sands
LVS
$31.6B
| $3.72M | ﹤0.01% |
64,200
-19,100
| -23% | -$1.13M |
|
1984
CALL
Western Digital
WDC
$172B
| $3.71M | ﹤0.01% |
129,522
-185,881
| -59% | -$5.17M |
|
1985
CALL
Hyatt Hotels
H
$18B
| $3.71M | ﹤0.01% |
+32,400
| New | +$3.66M |
|
1986
Ligand Pharmaceuticals
LGND
$5.96B
| $3.7M | ﹤0.01% |
51,374
+2,037
| +4% | +$153K |
|
|
NVEI
1987
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $3.7M | ﹤0.01% |
125,300
-186,700
| -60% | -$6.58M |
|
1988
Albany International
AIN
$2.16B
| $3.69M | ﹤0.01% |
39,532
+35,689
| +929% | +$3.21M |
|
1989
Align Technology
ALGN
$12B
| $3.68M | ﹤0.01% |
10,406
+5,657
| +119% | +$1.8M |
|
1990
Associated Banc-Corp
ASB
$5.78B
| $3.67M | ﹤0.01% |
225,903
+78,719
| +53% | +$1.3M |
|
1991
Innovative Industrial Properties
IIPR
$1.78B
| $3.66M | ﹤0.01% |
50,159
-98,147
| -66% | -$6.91M |
|
1992
Scholastic
SCHL
$769M
| $3.65M | ﹤0.01% |
93,971
+32,525
| +53% | +$1.26M |
|
1993
CALL
Lemonade
LMND
$4.76B
| $3.65M | ﹤0.01% |
216,700
-72,300
| -25% | -$1.13M |
|
1994
Harmonic Inc
HLIT
$1.23B
| $3.65M | ﹤0.01% |
225,661
+58,354
| +35% | +$937K |
|
1995
US Foods
USFD
$21.9B
| $3.65M | ﹤0.01% |
82,910
+46,709
| +129% | +$1.85M |
|
1996
PUT
ArcBest
ARCB
$3.31B
| $3.64M | ﹤0.01% |
+36,800
| New | +$3.29M |
|
1997
CALL
Fluor
FLR
$7.22B
| $3.62M | ﹤0.01% |
122,400
-100,000
| -45% | -$2.87M |
|
1998
Syndax Pharmaceuticals
SNDX
$1.82B
| $3.62M | ﹤0.01% |
173,019
+33,952
| +24% | +$707K |
|
1999
Restaurant Brands International
QSR
$25.8B
| $3.62M | ﹤0.01% |
46,707
+4,539
| +11% | +$328K |
|
|
CUK
2000
DELISTED
Carnival PLC
CUK
| $3.61M | ﹤0.01% |
213,156
+9,409
| +5% | +$98.8K |
|
Similar funds
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.