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 | |
|---|---|---|---|---|---|---|
2126
Performance Food Group
PFGC
$18.2B
| $3.05M | ﹤0.01% |
51,785
+6,846
| +15% | +$414K |
|
2127
Equinox Gold
EQX
$6.88B
| $3.04M | ﹤0.01% |
718,741
+403,824
| +128% | +$1.95M |
|
2128
Dentsply Sirona
XRAY
$2.79B
| $3.04M | ﹤0.01% |
88,910
-18,089
| -17% | -$688K |
|
2129
Codexis
CDXS
$160M
| $3.03M | ﹤0.01% |
1,600,884
-275,508
| -15% | -$644K |
|
|
CMA
2130
DELISTED
Comerica
CMA
| $3.02M | ﹤0.01% |
72,799
-120,377
| -62% | -$5.71M |
|
2131
CALL
Southern Company
SO
$110B
| $3.02M | ﹤0.01% |
46,700
| – | – |
|
2132
CALL
Levi Strauss
LEVI
$9.46B
| $3.02M | ﹤0.01% |
+222,400
| New | +$3.11M |
|
|
CNH
2133
CNH Industrial
CNH
$13.6B
| $3.01M | ﹤0.01% |
248,996
-2,289,770
| -90% | -$31.7M |
|
2134
Idacorp
IDA
$8.19B
| $3.01M | ﹤0.01% |
32,150
-10,848
| -25% | -$1.07M |
|
2135
UDR
UDR
$12.7B
| $2.99M | ﹤0.01% |
+83,794
| New | +$3.34M |
|
2136
Schneider National
SNDR
$6.06B
| $2.98M | ﹤0.01% |
107,714
+27,139
| +34% | +$790K |
|
|
SF
2137
Stifel
SF
$12.6B
| $2.98M | ﹤0.01% |
72,711
-71,804
| -50% | -$3.02M |
|
2138
Phinia Inc
PHIN
$2.99B
| $2.98M | ﹤0.01% |
+111,088
| New | +$3.08M |
|
2139
Antero Midstream
AM
$10.4B
| $2.97M | ﹤0.01% |
248,161
+136,828
| +123% | +$1.62M |
|
2140
Janus International
JBI
$708M
| $2.97M | ﹤0.01% |
277,287
+57,012
| +26% | +$628K |
|
2141
Banner Corp
BANR
$2.38B
| $2.96M | ﹤0.01% |
69,891
+27,119
| +63% | +$1.22M |
|
2142
PUT
RingCentral
RNG
$4.8B
| $2.96M | ﹤0.01% |
99,900
-50,000
| -33% | -$1.66M |
|
|
AAT
2143
American Assets Trust
AAT
$1.45B
| $2.96M | ﹤0.01% |
151,960
+40,905
| +37% | +$859K |
|
2144
NetEase
NTES
$82.7B
| $2.94M | ﹤0.01% |
29,342
+26,542
| +948% | +$2.72M |
|
|
ANSS
2145
DELISTED
Ansys
ANSS
| $2.94M | ﹤0.01% |
9,875
-33,338
| -77% | -$10.6M |
|
|
CNR
2146
CALL
Core Natural Resources Inc
CNR
$3.92B
| $2.94M | ﹤0.01% |
+28,000
| New | +$2.29M |
|
|
ESGR
2147
DELISTED
Enstar Group
ESGR
| $2.94M | ﹤0.01% |
12,133
+2,999
| +33% | +$752K |
|
2148
Howard Hughes
HHH
$4.02B
| $2.93M | ﹤0.01% |
41,525
-21,271
| -34% | -$1.6M |
|
2149
CALL
Concentrix
CNXC
$1.58B
| $2.93M | ﹤0.01% |
36,600
+8,200
| +29% | +$643K |
|
2150
Vermilion Energy
VET
$1.65B
| $2.92M | ﹤0.01% |
199,834
+180,434
| +930% | +$2.54M |
|
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.