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 | |
|---|---|---|---|---|---|---|
2101
Avista
AVA
$3.43B
| $3.58M | ﹤0.01% |
84,296
+55,565
| +193% | +$2.3M |
|
2102
Seaboard Corp
SEB
$4.39B
| $3.57M | ﹤0.01% |
948
-5
| -0.5% | -$19.4K |
|
2103
Build-A-Bear
BBW
$445M
| $3.57M | ﹤0.01% |
153,702
-16,451
| -10% | -$382K |
|
2104
Geron
GERN
$898M
| $3.57M | ﹤0.01% |
1,644,388
-347,848
| -17% | -$988K |
|
2105
OraSure Technologies
OSUR
$273M
| $3.57M | ﹤0.01% |
589,566
+12,692
| +2% | +$71.7K |
|
2106
PUT
Viatris
VTRS
$20.8B
| $3.56M | ﹤0.01% |
370,000
-117,900
| -24% | -$1.31M |
|
2107
BorgWarner
BWA
$12.8B
| $3.56M | ﹤0.01% |
82,269
-67,316
| -45% | -$2.79M |
|
2108
CALL
Rapid7
RPD
$628M
| $3.55M | ﹤0.01% |
77,400
+12,500
| +19% | +$532K |
|
|
FFWM
2109
DELISTED
First Foundation Inc
FFWM
| $3.55M | ﹤0.01% |
476,631
+391,752
| +462% | +$5.23M |
|
2110
PUT
Tyler Technologies
TYL
$13.7B
| $3.55M | ﹤0.01% |
10,000
| – | – |
|
2111
LegalZoom.com
LZ
$1.45B
| $3.54M | ﹤0.01% |
377,815
+223,946
| +146% | +$1.9M |
|
2112
PUT
Qorvo
QRVO
$7.9B
| $3.53M | ﹤0.01% |
34,800
-67,700
| -66% | -$6.87M |
|
|
AXON
2113
PUT
Axon Enterprise
AXON
$42.8B
| $3.53M | ﹤0.01% |
15,700
-14,300
| -48% | -$2.84M |
|
2114
Encompass Health
EHC
$11.3B
| $3.53M | ﹤0.01% |
+65,225
| New | +$3.8M |
|
|
FICV
2115
DELISTED
Frontier Investment Corp Class A Ordinary Shares
FICV
| $3.53M | ﹤0.01% |
345,064
| – | – |
|
2116
Macerich
MAC
$7.4B
| $3.53M | ﹤0.01% |
332,686
-200,913
| -38% | -$2.39M |
|
2117
CALL
DuPont de Nemours
DD
$18.6B
| $3.52M | ﹤0.01% |
39,116
+31,149
| +391% | +$2.84M |
|
|
ZLS
2118
DELISTED
Zalatoris II Acquisition Corp Class A Ordinary Shares
ZLS
| $3.52M | ﹤0.01% |
344,591
| – | – |
|
|
HSII
2119
DELISTED
Heidrick & Struggles
HSII
| $3.5M | ﹤0.01% |
115,401
-20,599
| -15% | -$630K |
|
2120
Treace Medical Concepts
TMCI
$262M
| $3.5M | ﹤0.01% |
+139,064
| New | +$3.27M |
|
|
GPMT
2121
Granite Point Mortgage Trust
GPMT
$63.7M
| $3.5M | ﹤0.01% |
706,227
+644,177
| +1,038% | +$3.75M |
|
2122
SunCoke Energy
SXC
$794M
| $3.49M | ﹤0.01% |
388,330
-175
| -0% | -$1.6K |
|
2123
PUT
PBF Energy
PBF
$7.49B
| $3.48M | ﹤0.01% |
80,200
+69,100
| +623% | +$2.91M |
|
2124
PUT
Tencent Music
TME
$15.9B
| $3.48M | ﹤0.01% |
419,700
-200,000
| -32% | -$1.64M |
|
|
JKS
2125
JinkoSolar
JKS
$764M
| $3.47M | ﹤0.01% |
68,099
+33,639
| +98% | +$1.76M |
|
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.