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 | |
|---|---|---|---|---|---|---|
2201
PUT
AGNC Investment
AGNC
$12.9B
| $2.74M | ﹤0.01% |
290,000
+10,000
| +4% | +$99K |
|
2202
Nabors Industries
NBR
$1.12B
| $2.74M | ﹤0.01% |
22,225
+14,105
| +174% | +$1.64M |
|
2203
SEI Investments
SEIC
$12.4B
| $2.74M | ﹤0.01% |
+45,425
| New | +$2.79M |
|
2204
Guidewire Software
GWRE
$13.3B
| $2.74M | ﹤0.01% |
30,399
-34,031
| -53% | -$2.84M |
|
|
FRGI
2205
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $2.74M | ﹤0.01% |
323,300
-131,298
| -29% | -$1.08M |
|
|
K
2206
DELISTED
Kellanova
K
| $2.73M | ﹤0.01% |
48,844
+33,774
| +224% | +$2.01M |
|
|
GAP
2207
The Gap Inc
GAP
$7.28B
| $2.73M | ﹤0.01% |
256,492
+83,397
| +48% | +$851K |
|
2208
Primoris Services
PRIM
$4.28B
| $2.73M | ﹤0.01% |
83,274
-45,062
| -35% | -$1.47M |
|
|
PAYOW
2209
DELISTED
Payoneer Global Inc. Warrant
PAYOW
| $2.72M | ﹤0.01% |
3,360,783
| – | – |
|
|
ALTR
2210
DELISTED
Altair Engineering Inc
ALTR
| $2.72M | ﹤0.01% |
43,451
+12,344
| +40% | +$830K |
|
|
AZUL
2211
DELISTED
Azul
AZUL
| $2.71M | ﹤0.01% |
+315,814
| New | +$3.14M |
|
2212
Euronet Worldwide
EEFT
$3.15B
| $2.71M | ﹤0.01% |
34,123
+8,167
| +31% | +$759K |
|
2213
Plug Power
PLUG
$2.73B
| $2.71M | ﹤0.01% |
356,307
-32,630
| -8% | -$319K |
|
|
TCS
2214
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $2.7M | ﹤0.01% |
80,100
-55
| -0.1% | -$2.19K |
|
2215
GoodRx Holdings
GDRX
$1.06B
| $2.7M | ﹤0.01% |
479,782
-658,050
| -58% | -$4.39M |
|
2216
Marten Transport
MRTN
$1.25B
| $2.7M | ﹤0.01% |
136,861
+18,892
| +16% | +$399K |
|
2217
Macy's
M
$6.62B
| $2.7M | ﹤0.01% |
232,253
+220,089
| +1,809% | +$3.08M |
|
2218
Armstrong World Industries
AWI
$7.55B
| $2.69M | ﹤0.01% |
37,346
-92,455
| -71% | -$6.9M |
|
2219
Dropbox
DBX
$7.48B
| $2.69M | ﹤0.01% |
98,658
-91,180
| -48% | -$2.49M |
|
2220
PUT
Honeywell
HON
$78.3B
| $2.68M | ﹤0.01% |
15,385
-212
| -1% | -$38.8K |
|
2221
BrightView Holdings
BV
$1.3B
| $2.68M | ﹤0.01% |
345,597
+24,565
| +8% | +$196K |
|
2222
PUT
H&R Block
HRB
$5.7B
| $2.68M | ﹤0.01% |
62,200
-65,200
| -51% | -$2.41M |
|
2223
Black Hills Corp
BKH
$5.69B
| $2.68M | ﹤0.01% |
+52,931
| New | +$3.01M |
|
2224
HF Sinclair
DINO
$16.1B
| $2.67M | ﹤0.01% |
46,922
-20,620
| -31% | -$1.12M |
|
2225
CALL
Fastly Inc
FSLY
$3.26B
| $2.67M | ﹤0.01% |
139,200
+59,200
| +74% | +$1.16M |
|
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.