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 | |
|---|---|---|---|---|---|---|
2001
PUT
Murphy Oil
MUR
$5.38B
| $4.82M | 0.01% |
+112,100
| New | +$5.05M |
|
2002
Geron
GERN
$949M
| $4.82M | 0.01% |
1,992,236
-550,643
| -22% | -$1.23M |
|
2003
PUT
Pan American Silver
PAAS
$18.6B
| $4.82M | 0.01% |
295,000
+255,000
| +638% | +$4.08M |
|
|
WCC
2004
CALL
WESCO International
WCC
$16.5B
| $4.82M | 0.01% |
38,500
+3,200
| +9% | +$403K |
|
2005
WEC Energy
WEC
$37.1B
| $4.81M | 0.01% |
51,347
-4,213
| -8% | -$389K |
|
2006
Lightspeed Commerce
LSPD
$1.35B
| $4.81M | 0.01% |
336,636
+230,729
| +218% | +$3.76M |
|
2007
CALL
Cullen/Frost Bankers
CFR
$10.3B
| $4.81M | 0.01% |
+36,000
| New | +$5.12M |
|
|
MITA
2008
DELISTED
Coliseum Acquisition Corp. Class A Ordinary Share
MITA
| $4.81M | 0.01% |
478,729
+245,000
| +105% | +$2.44M |
|
2009
CALL
Dow Inc
DOW
$20.8B
| $4.8M | 0.01% |
95,200
-174,800
| -65% | -$8.54M |
|
|
TWNK
2010
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $4.79M | 0.01% |
213,521
-14,638
| -6% | -$368K |
|
|
HAPN
2011
Happen Inc
HAPN
$2.16B
| $4.79M | 0.01% |
544,328
+284,112
| +109% | +$2.93M |
|
|
ALTR
2012
DELISTED
Altair Engineering Inc
ALTR
| $4.78M | 0.01% |
105,119
-11,188
| -10% | -$523K |
|
2013
Duolingo
DUOL
$6.19B
| $4.77M | 0.01% |
67,116
+14,056
| +26% | +$1.1M |
|
2014
International Paper
IP
$22.5B
| $4.76M | 0.01% |
137,450
-20,641
| -13% | -$714K |
|
2015
Pembina Pipeline
PBA
$29B
| $4.76M | 0.01% |
140,200
-163,919
| -54% | -$5.5M |
|
2016
PUT
Phillips 66
PSX
$83.3B
| $4.76M | 0.01% |
45,700
-120,600
| -73% | -$12.3M |
|
|
KVSA
2017
DELISTED
Khosla Ventures Acquisition Co. Class A Common Stock
KVSA
| $4.75M | 0.01% |
476,401
| – | – |
|
2018
UFP Technologies
UFPT
$1.92B
| $4.75M | 0.01% |
40,328
+36,150
| +865% | +$3.85M |
|
2019
Aaon
AAON
$8.27B
| $4.75M | 0.01% |
94,631
+79,223
| +514% | +$3.7M |
|
2020
Helios Technologies
HLIO
$2.59B
| $4.75M | 0.01% |
87,246
+15,041
| +21% | +$811K |
|
2021
CALL
Vermilion Energy
VET
$1.62B
| $4.73M | 0.01% |
267,400
-145,200
| -35% | -$2.95M |
|
|
TETE
2022
DELISTED
Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares
TETE
| $4.73M | 0.01% |
459,000
| – | – |
|
2023
CALL
CenterPoint Energy
CNP
$28.8B
| $4.71M | 0.01% |
157,100
| – | – |
|
2024
American Public Education
APEI
$907M
| $4.71M | 0.01% |
382,832
+8,860
| +2% | +$110K |
|
2025
PUT
Wayfair
W
$12.5B
| $4.7M | 0.01% |
142,900
-131,000
| -48% | -$4.57M |
|
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.