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 | |
|---|---|---|---|---|---|---|
2076
Thryv Holdings
THRY
$184M
| $3.69M | ﹤0.01% |
160,012
+43,146
| +37% | +$966K |
|
|
CMRC
2077
Commerce.com Inc Series 1
CMRC
$272M
| $3.69M | ﹤0.01% |
412,587
+9,844
| +2% | +$99.7K |
|
2078
SandRidge Energy
SD
$503M
| $3.68M | ﹤0.01% |
255,665
-141,216
| -36% | -$2.16M |
|
2079
PUT
Allegiant Air
ALGT
$2.57B
| $3.68M | ﹤0.01% |
40,000
+8,800
| +28% | +$791K |
|
2080
Red Robin
RRGB
$139M
| $3.68M | ﹤0.01% |
256,810
+214,256
| +503% | +$2.17M |
|
2081
CALL
M&T Bank
MTB
$36.3B
| $3.67M | ﹤0.01% |
+30,700
| New | +$4.46M |
|
2082
CALL
Logitech
LOGI
$14.8B
| $3.67M | ﹤0.01% |
63,200
-40,800
| -39% | -$2.32M |
|
2083
Immersion
IMMR
$243M
| $3.67M | ﹤0.01% |
410,428
+197,476
| +93% | +$1.49M |
|
2084
Brighthouse Financial
BHF
$3.61B
| $3.67M | ﹤0.01% |
83,091
-32,163
| -28% | -$1.69M |
|
|
PAYOW
2085
DELISTED
Payoneer Global Inc. Warrant
PAYOW
| $3.66M | ﹤0.01% |
3,360,783
+3,320,000
| +8,141% | +$3.5M |
|
2086
The Bancorp
TBBK
$2.81B
| $3.65M | ﹤0.01% |
131,161
+99,659
| +316% | +$3.17M |
|
2087
CALL
Orion
OEC
$403M
| $3.65M | ﹤0.01% |
140,000
+78,000
| +126% | +$1.76M |
|
2088
Full Truck Alliance
YMM
$10B
| $3.65M | ﹤0.01% |
479,605
-1,445,556
| -75% | -$11.5M |
|
|
VTLE
2089
PUT
DELISTED
Vital Energy
VTLE
| $3.64M | ﹤0.01% |
80,000
-30,000
| -27% | -$1.5M |
|
2090
Ligand Pharmaceuticals
LGND
$5.77B
| $3.63M | ﹤0.01% |
49,337
-1,964
| -4% | -$140K |
|
|
ALTR
2091
DELISTED
Altair Engineering Inc
ALTR
| $3.63M | ﹤0.01% |
50,285
-54,834
| -52% | -$3.24M |
|
2092
Methanex
MEOH
$4.23B
| $3.62M | ﹤0.01% |
77,900
+29,100
| +60% | +$1.37M |
|
2093
PUT
XPO
XPO
$23.4B
| $3.62M | ﹤0.01% |
113,400
+40,700
| +56% | +$1.47M |
|
2094
Editas Medicine
EDIT
$399M
| $3.62M | ﹤0.01% |
498,790
-8,164
| -2% | -$72.6K |
|
|
CMA
2095
PUT
DELISTED
Comerica
CMA
| $3.61M | ﹤0.01% |
+83,100
| New | +$5.33M |
|
2096
PUT
Cardinal Health
CAH
$53.7B
| $3.6M | ﹤0.01% |
47,700
+27,500
| +136% | +$2.07M |
|
2097
Advanced Energy
AEIS
$10.1B
| $3.59M | ﹤0.01% |
36,675
-10,469
| -22% | -$986K |
|
|
SGEN
2098
DELISTED
Seagen Inc. Common Stock
SGEN
| $3.59M | ﹤0.01% |
17,735
-79,193
| -82% | -$12.7M |
|
|
THR
2099
DELISTED
Thermon Group Holdings
THR
| $3.59M | ﹤0.01% |
143,997
-6,198
| -4% | -$151K |
|
2100
Universal Display
OLED
$3.75B
| $3.58M | ﹤0.01% |
23,077
-64,453
| -74% | -$8.66M |
|
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.