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 | |
|---|---|---|---|---|---|---|
2001
PUT
XP
XP
$8.66B
| $3.61M | ﹤0.01% |
154,000
-91,000
| -37% | -$1.54M |
|
|
FRGI
2002
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.61M | ﹤0.01% |
454,598
-26,867
| -6% | -$213K |
|
2003
ACV Auctions
ACVA
$1.42B
| $3.59M | ﹤0.01% |
+208,068
| New | +$3.18M |
|
2004
Exelon
EXC
$49.3B
| $3.59M | ﹤0.01% |
88,163
-261,571
| -75% | -$10.8M |
|
2005
PUT
Duke Energy
DUK
$103B
| $3.59M | ﹤0.01% |
40,000
+28,800
| +257% | +$2.72M |
|
|
JKS
2006
PUT
JinkoSolar
JKS
$786M
| $3.59M | ﹤0.01% |
80,800
+74,800
| +1,247% | +$3.38M |
|
|
FICV
2007
DELISTED
Frontier Investment Corp Class A Ordinary Shares
FICV
| $3.58M | ﹤0.01% |
345,064
| – | – |
|
2008
Kennametal
KMT
$2.7B
| $3.58M | ﹤0.01% |
126,066
+36,291
| +40% | +$973K |
|
|
ZLS
2009
DELISTED
Zalatoris II Acquisition Corp Class A Ordinary Shares
ZLS
| $3.57M | ﹤0.01% |
344,591
| – | – |
|
2010
Franklin Covey
FC
$247M
| $3.57M | ﹤0.01% |
81,804
+22,551
| +38% | +$835K |
|
2011
GrowGeneration
GRWG
$87.1M
| $3.57M | ﹤0.01% |
1,049,688
-526,084
| -33% | -$1.86M |
|
2012
PUT
Zillow
ZG
$7.48B
| $3.57M | ﹤0.01% |
72,500
| – | – |
|
2013
Cooper Companies
COO
$14.1B
| $3.56M | ﹤0.01% |
37,168
-86,456
| -70% | -$8.11M |
|
2014
Macerich
MAC
$7.46B
| $3.56M | ﹤0.01% |
315,769
-16,917
| -5% | -$172K |
|
|
RENT
2015
Rent the Runway
RENT
$107M
| $3.56M | ﹤0.01% |
89,775
+1,741
| +2% | +$85.7K |
|
2016
CALL
Metropolitan Bank Holding Corp
MCB
$1.12B
| $3.55M | ﹤0.01% |
+102,200
| New | +$3.07M |
|
|
VTLE
2017
DELISTED
Vital Energy
VTLE
| $3.54M | ﹤0.01% |
78,436
-55,988
| -42% | -$2.53M |
|
2018
Eversource Energy
ES
$28.6B
| $3.54M | ﹤0.01% |
49,922
-77,404
| -61% | -$5.76M |
|
2019
CALL
GDS Holdings
GDS
$5.97B
| $3.54M | ﹤0.01% |
322,100
+229,600
| +248% | +$3.05M |
|
2020
Hayward Holdings
HAYW
$3.22B
| $3.54M | ﹤0.01% |
275,274
+1,521
| +0.6% | +$17.5K |
|
2021
PUT
Align Technology
ALGN
$12.3B
| $3.54M | ﹤0.01% |
10,000
-30,000
| -75% | -$9.55M |
|
|
AFTR
2022
DELISTED
AfterNext HealthTech Acquisition Corp
AFTR
| $3.53M | ﹤0.01% |
340,746
+197,952
| +139% | +$2.04M |
|
2023
PUT
Invesco
IVZ
$13.3B
| $3.53M | ﹤0.01% |
210,000
+35,000
| +20% | +$563K |
|
2024
Diageo
DEO
$49.3B
| $3.52M | ﹤0.01% |
+20,286
| New | +$3.62M |
|
2025
Oric Pharmaceuticals
ORIC
$1.22B
| $3.52M | ﹤0.01% |
453,249
-125,054
| -22% | -$710K |
|
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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.