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 | |
|---|---|---|---|---|---|---|
2076
Nomura Holdings
NMR
$28.3B
| $3.22M | ﹤0.01% |
801,288
+119,898
| +18% | +$477K |
|
2077
PUT
Simon Property Group
SPG
$76.9B
| $3.22M | ﹤0.01% |
29,800
| – | – |
|
2078
Construction Partners
ROAD
$5.81B
| $3.22M | ﹤0.01% |
87,994
+73,422
| +504% | +$2.42M |
|
2079
Align Technology
ALGN
$12.9B
| $3.22M | ﹤0.01% |
10,536
+130
| +1% | +$44.9K |
|
2080
CALL
TKO Group
TKO
$13.9B
| $3.21M | ﹤0.01% |
+38,200
| New | +$3.55M |
|
2081
StoneX
SNEX
$8.73B
| $3.2M | ﹤0.01% |
167,402
+94,659
| +130% | +$1.74M |
|
2082
Commault Systems
CVLT
$5.01B
| $3.2M | ﹤0.01% |
47,363
-11,446
| -19% | -$812K |
|
|
MNTN
2083
DELISTED
Everest Consolidator Acquisition Corporation
MNTN
| $3.2M | ﹤0.01% |
295,806
-154,194
| -34% | -$1.66M |
|
2084
CALL
Dollar Tree
DLTR
$24.7B
| $3.19M | ﹤0.01% |
30,000
-41,800
| -58% | -$5.6M |
|
2085
CALL
PVH
PVH
$3.99B
| $3.19M | ﹤0.01% |
41,700
-27,900
| -40% | -$2.31M |
|
2086
American Vanguard Corp
AVD
$71.5M
| $3.19M | ﹤0.01% |
291,411
+214,082
| +277% | +$3.26M |
|
2087
Cerence
CRNC
$356M
| $3.18M | ﹤0.01% |
156,321
-26,811
| -15% | -$674K |
|
2088
Emergent Biosolutions
EBS
$376M
| $3.18M | ﹤0.01% |
936,518
-41,399
| -4% | -$229K |
|
2089
Descartes Systems
DSGX
$6.68B
| $3.17M | ﹤0.01% |
43,200
+34,900
| +420% | +$2.63M |
|
2090
Bank of Montreal
BMO
$124B
| $3.17M | ﹤0.01% |
37,564
+800
| +2% | +$70.3K |
|
2091
The Bancorp
TBBK
$2.81B
| $3.17M | ﹤0.01% |
91,873
-31,989
| -26% | -$1.17M |
|
2092
CALL
Newmont
NEM
$95.2B
| $3.16M | ﹤0.01% |
85,400
+18,800
| +28% | +$764K |
|
2093
Fossil Group
FOSL
$254M
| $3.16M | ﹤0.01% |
1,531,762
-121,238
| -7% | -$282K |
|
2094
Empire State Realty Trust
ESRT
$1.02B
| $3.14M | ﹤0.01% |
391,158
+244,489
| +167% | +$2.04M |
|
2095
KB Home
KBH
$3.49B
| $3.14M | ﹤0.01% |
67,928
-16,034
| -19% | -$815K |
|
2096
AtriCure
ATRC
$2.04B
| $3.14M | ﹤0.01% |
71,750
-80,249
| -53% | -$3.91M |
|
|
NOVA
2097
PUT
DELISTED
Sunnova Energy
NOVA
| $3.14M | ﹤0.01% |
300,000
| – | – |
|
2098
Dream Finders Homes
DFH
$1.44B
| $3.13M | ﹤0.01% |
140,880
+14,728
| +12% | +$383K |
|
2099
Rexford Industrial Realty
REXR
$8.61B
| $3.13M | ﹤0.01% |
63,422
-44,549
| -41% | -$2.36M |
|
|
UCTT
2100
Ultra Clean Holdings
UCTT
$3.19B
| $3.12M | ﹤0.01% |
105,220
+74,866
| +247% | +$2.52M |
|
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.