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 | |
|---|---|---|---|---|---|---|
2151
CALL
Enovix
ENVX
$866M
| $2.92M | ﹤0.01% |
266,057
+119,086
| +81% | +$1.7M |
|
2152
Trustmark
TRMK
$2.74B
| $2.91M | ﹤0.01% |
133,985
+14,357
| +12% | +$334K |
|
2153
J.M. Smucker
SJM
$13.2B
| $2.91M | ﹤0.01% |
23,671
-2,278
| -9% | -$324K |
|
2154
CALL
Axos Financial
AX
$5.64B
| $2.91M | ﹤0.01% |
76,800
+30,200
| +65% | +$1.28M |
|
2155
Corsair Gaming
CRSR
$1.15B
| $2.91M | ﹤0.01% |
200,113
+159,188
| +389% | +$2.56M |
|
2156
PUT
Terex
TEX
$7.84B
| $2.9M | ﹤0.01% |
+50,300
| New | +$3M |
|
2157
PUT
Orion
OEC
$400M
| $2.89M | ﹤0.01% |
136,000
| – | – |
|
2158
PUT
Owens Corning
OC
$11.5B
| $2.89M | ﹤0.01% |
+21,200
| New | +$2.91M |
|
2159
CALL
Genuine Parts
GPC
$17.9B
| $2.89M | ﹤0.01% |
20,000
| – | – |
|
2160
Royal Gold
RGLD
$16.6B
| $2.89M | ﹤0.01% |
27,147
+24,090
| +788% | +$2.74M |
|
2161
Axogen
AXGN
$2.19B
| $2.88M | ﹤0.01% |
575,445
-139,357
| -19% | -$965K |
|
|
MDC
2162
DELISTED
M.D.C. Holdings, Inc.
MDC
| $2.87M | ﹤0.01% |
+69,652
| New | +$3.25M |
|
2163
ACM Research
ACMR
$4.98B
| $2.87M | ﹤0.01% |
158,321
-77,552
| -33% | -$1.15M |
|
2164
CALL
Cigna
CI
$79.6B
| $2.86M | ﹤0.01% |
10,000
-50,000
| -83% | -$14.3M |
|
2165
CALL
Rockwell Automation
ROK
$52.4B
| $2.86M | ﹤0.01% |
10,000
| – | – |
|
2166
CALL
Mohawk Industries
MHK
$7.14B
| $2.86M | ﹤0.01% |
33,300
+800
| +2% | +$80.6K |
|
2167
Triumph Financial Inc
TFIN
$1.84B
| $2.86M | ﹤0.01% |
44,103
+2,986
| +7% | +$197K |
|
2168
PUT
M&T Bank
MTB
$36.6B
| $2.85M | ﹤0.01% |
22,500
| – | – |
|
|
SMLR
2169
DELISTED
Semler Scientific
SMLR
| $2.84M | ﹤0.01% |
111,813
+7,314
| +7% | +$190K |
|
|
INVX
2170
Innovex International
INVX
$1.79B
| $2.83M | ﹤0.01% |
100,396
+35,657
| +55% | +$968K |
|
2171
Golar LNG
GLNG
$4.95B
| $2.83M | ﹤0.01% |
116,463
-192,540
| -62% | -$4.44M |
|
2172
Hayward Holdings
HAYW
$3.28B
| $2.82M | ﹤0.01% |
200,345
-74,929
| -27% | -$1.03M |
|
2173
American Superconductor
AMSC
$1.39B
| $2.82M | ﹤0.01% |
374,128
+33,059
| +10% | +$274K |
|
2174
PUT
Jones Lang LaSalle
JLL
$15.9B
| $2.82M | ﹤0.01% |
20,000
| – | – |
|
2175
CALL
Dominion Energy
D
$62.1B
| $2.82M | ﹤0.01% |
63,200
-40,300
| -39% | -$2M |
|
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.