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 | |
|---|---|---|---|---|---|---|
|
SFIX
1976
Stitch Fix
SFIX
$567M
| $3.66M | ﹤0.01% |
1,059,717
-317,239
| -23% | -$1.27M |
|
|
BBT
1977
Beacon Financial Corp
BBT
$2.5B
| $3.65M | ﹤0.01% |
182,056
+35,780
| +24% | +$766K |
|
1978
CALL
Skywest
SKYW
$4.35B
| $3.65M | ﹤0.01% |
87,000
+17,000
| +24% | +$713K |
|
1979
PUT
OneMain Financial
OMF
$7.27B
| $3.65M | ﹤0.01% |
91,000
| – | – |
|
1980
Nektar Therapeutics
NKTR
$2.39B
| $3.65M | ﹤0.01% |
408,202
-201,953
| -33% | -$1.94M |
|
|
NSTG
1981
DELISTED
NanoString Technologies, Inc.
NSTG
| $3.65M | ﹤0.01% |
2,120,143
-30,926
| -1% | -$94.2K |
|
1982
CALL
Trupanion
TRUP
$1.13B
| $3.65M | ﹤0.01% |
129,300
+65,900
| +104% | +$1.87M |
|
1983
CALL
Match Group
MTCH
$9.19B
| $3.64M | ﹤0.01% |
93,000
-26,000
| -22% | -$1.15M |
|
1984
Thryv Holdings
THRY
$184M
| $3.64M | ﹤0.01% |
193,965
+62,427
| +47% | +$1.38M |
|
1985
PUT
Dollar Tree
DLTR
$24.8B
| $3.64M | ﹤0.01% |
34,200
+26,100
| +322% | +$3.5M |
|
1986
Annaly Capital Management
NLY
$17.3B
| $3.63M | ﹤0.01% |
193,142
+131,396
| +213% | +$2.61M |
|
1987
CALL
Celestica
CLS
$37.8B
| $3.63M | ﹤0.01% |
+148,300
| New | +$3.04M |
|
1988
Campbell Soup
CPB
$6.85B
| $3.6M | ﹤0.01% |
87,526
-80,600
| -48% | -$3.53M |
|
1989
CALL
BILL Holdings
BILL
$4.72B
| $3.59M | ﹤0.01% |
33,100
-153,200
| -82% | -$17.4M |
|
1990
Graham Holdings Company
GHC
$5.31B
| $3.59M | ﹤0.01% |
6,150
+752
| +14% | +$436K |
|
1991
PUT
Bio-Rad Laboratories Class A
BIO
$8.76B
| $3.58M | ﹤0.01% |
10,000
| – | – |
|
1992
Anika Therapeutics
ANIK
$215M
| $3.58M | ﹤0.01% |
192,065
+48,388
| +34% | +$1M |
|
1993
CALL
Madrigal Pharmaceuticals
MDGL
$12.6B
| $3.58M | ﹤0.01% |
24,500
+20,700
| +545% | +$3.9M |
|
1994
Stepan Co
SCL
$1.5B
| $3.58M | ﹤0.01% |
+47,688
| New | +$4.17M |
|
1995
Alight
ALIT
$534M
| $3.57M | ﹤0.01% |
25,155
-55,510
| -69% | -$9.32M |
|
1996
PUT
Transocean
RIG
$5.48B
| $3.56M | ﹤0.01% |
434,000
-558,200
| -56% | -$4.56M |
|
1997
CarParts.com
PRTS
$42.6M
| $3.56M | ﹤0.01% |
86,443
+11,199
| +15% | +$496K |
|
1998
FuelCell Energy
FCEL
$1.45B
| $3.56M | ﹤0.01% |
92,731
-121,205
| -57% | -$6.32M |
|
1999
Methode Electronics
MEI
$458M
| $3.55M | ﹤0.01% |
155,503
+133,321
| +601% | +$3.97M |
|
2000
Stevanato
STVN
$5.57B
| $3.55M | ﹤0.01% |
119,434
+37,979
| +47% | +$1.19M |
|
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.