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 | |
|---|---|---|---|---|---|---|
2051
Hancock Whitney
HWC
$6.19B
| $3.82M | ﹤0.01% |
104,881
+69,322
| +195% | +$3.23M |
|
2052
Cardlytics
CDLX
$22.2M
| $3.82M | ﹤0.01% |
112,423
-15,125
| -12% | -$790K |
|
2053
Ameren
AEE
$30.4B
| $3.82M | ﹤0.01% |
44,171
-10,310
| -19% | -$883K |
|
2054
Hyliion Holdings
HYLN
$578M
| $3.81M | ﹤0.01% |
1,924,215
+568,311
| +42% | +$1.58M |
|
2055
Cincinnati Financial
CINF
$27.8B
| $3.8M | ﹤0.01% |
33,925
-33,541
| -50% | -$3.82M |
|
|
PRA
2056
DELISTED
ProAssurance
PRA
| $3.8M | ﹤0.01% |
205,565
+10,654
| +5% | +$200K |
|
2057
CALL
Cullen/Frost Bankers
CFR
$10.5B
| $3.79M | ﹤0.01% |
36,000
| – | – |
|
2058
Champion Homes
SKY
$4.41B
| $3.79M | ﹤0.01% |
50,400
+11,649
| +30% | +$751K |
|
2059
PUT
Ambarella
AMBA
$3.04B
| $3.78M | ﹤0.01% |
48,800
-35,100
| -42% | -$3M |
|
2060
PUT
Yeti Holdings
YETI
$3.87B
| $3.78M | ﹤0.01% |
94,400
| – | – |
|
2061
PUT
Rambus
RMBS
$8.98B
| $3.77M | ﹤0.01% |
+73,600
| New | +$3.16M |
|
|
CRON
2062
Cronos Group
CRON
$1.07B
| $3.77M | ﹤0.01% |
1,945,042
-273,162
| -12% | -$613K |
|
2063
CALL
DaVita
DVA
$15.5B
| $3.76M | ﹤0.01% |
46,400
-62,700
| -57% | -$5.02M |
|
|
ERF
2064
CALL
DELISTED
Enerplus Corporation
ERF
| $3.75M | ﹤0.01% |
260,000
-60,600
| -19% | -$977K |
|
2065
Gates Industrial Corporation Ltd.
GTES
$6.31B
| $3.75M | ﹤0.01% |
269,731
+182,115
| +208% | +$2.43M |
|
2066
Gibraltar Industries
ROCK
$1.28B
| $3.74M | ﹤0.01% |
77,145
-8,793
| -10% | -$450K |
|
2067
PUT
BioNTech
BNTX
$23.5B
| $3.74M | ﹤0.01% |
30,000
-75,000
| -71% | -$10.3M |
|
2068
CALL
Halliburton
HAL
$26.1B
| $3.74M | ﹤0.01% |
118,100
-300,700
| -72% | -$11.1M |
|
|
SOHU
2069
Sohu.com
SOHU
$352M
| $3.72M | ﹤0.01% |
252,734
-8,096
| -3% | -$122K |
|
2070
Huron Consulting
HURN
$2.71B
| $3.72M | ﹤0.01% |
46,274
+17,474
| +61% | +$1.27M |
|
2071
Carlyle Secured Lending
CGBD
$708M
| $3.72M | ﹤0.01% |
273,016
-100,996
| -27% | -$1.49M |
|
2072
EVgo
EVGO
$219M
| $3.72M | ﹤0.01% |
477,129
+343,691
| +258% | +$2.02M |
|
2073
ACM Research
ACMR
$4.51B
| $3.72M | ﹤0.01% |
317,555
+160,309
| +102% | +$1.85M |
|
|
KRTX
2074
CALL
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $3.71M | ﹤0.01% |
20,400
+10,400
| +104% | +$1.99M |
|
2075
Kura Sushi USA
KRUS
$581M
| $3.7M | ﹤0.01% |
56,172
-9,290
| -14% | -$558K |
|
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.