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 | |
|---|---|---|---|---|---|---|
|
DCBO
2226
Docebo
DCBO
$559M
| $3.08M | ﹤0.01% |
75,700
+7,100
| +10% | +$261K |
|
|
RCAC
2227
DELISTED
Revelstone Capital Acquisition Corp. Class A Common Stock
RCAC
| $3.08M | ﹤0.01% |
300,000
| – | – |
|
2228
CALL
Bausch Health
BHC
$1.75B
| $3.08M | ﹤0.01% |
380,000
+304,000
| +400% | +$2.44M |
|
|
PNAC
2229
DELISTED
Prime Number Acquisition I Corp. Class A Common Stock
PNAC
| $3.07M | ﹤0.01% |
297,000
| – | – |
|
2230
SITE Centers
SITC
$236M
| $3.07M | ﹤0.01% |
320,655
+301,845
| +1,605% | +$3.06M |
|
2231
Ranpak Holdings
PACK
$500M
| $3.07M | ﹤0.01% |
588,497
-250,440
| -30% | -$1.59M |
|
2232
CALL
Peabody Energy
BTU
$2.54B
| $3.06M | ﹤0.01% |
119,500
-304,300
| -72% | -$8.09M |
|
2233
Franco-Nevada
FNV
$41.3B
| $3.05M | ﹤0.01% |
20,936
-16,505
| -44% | -$2.3M |
|
2234
WD-40
WDFC
$2.98B
| $3.05M | ﹤0.01% |
+17,121
| New | +$2.96M |
|
2235
Intrepid Potash
IPI
$476M
| $3.04M | ﹤0.01% |
110,171
+52,648
| +92% | +$1.6M |
|
2236
Ziff Davis
ZD
$2B
| $3.03M | ﹤0.01% |
38,803
-10,105
| -21% | -$828K |
|
2237
PUT
PNC Financial Services
PNC
$99.1B
| $3.02M | ﹤0.01% |
23,800
-16,500
| -41% | -$2.49M |
|
|
IAS
2238
DELISTED
Integral Ad Science
IAS
| $3.02M | ﹤0.01% |
211,757
-167,948
| -44% | -$1.89M |
|
2239
Maximus
MMS
$3.32B
| $3.02M | ﹤0.01% |
38,313
+20,702
| +118% | +$1.59M |
|
2240
Alcoa
AA
$11.3B
| $3.01M | ﹤0.01% |
70,807
-133,426
| -65% | -$6.43M |
|
2241
MultiSensor AI
MSAI
$9.13M
| $3.01M | ﹤0.01% |
7,235
| – | – |
|
2242
CALL
Estee Lauder
EL
$30.4B
| $3.01M | ﹤0.01% |
12,200
-25,900
| -68% | -$6.58M |
|
2243
Amphenol
APH
$185B
| $3M | ﹤0.01% |
73,382
+28,304
| +63% | +$1.12M |
|
|
TPH
2244
DELISTED
Tri Pointe Homes
TPH
| $3M | ﹤0.01% |
118,371
-51,178
| -30% | -$1.16M |
|
2245
PUT
Commercial Metals
CMC
$7.53B
| $2.99M | ﹤0.01% |
+61,200
| New | +$3.17M |
|
2246
PUT
Halliburton
HAL
$26.1B
| $2.99M | ﹤0.01% |
94,500
-419,400
| -82% | -$15.5M |
|
2247
Annaly Capital Management
NLY
$17.3B
| $2.99M | ﹤0.01% |
156,457
+108,359
| +225% | +$2.29M |
|
|
VRNT
2248
DELISTED
Verint Systems
VRNT
| $2.99M | ﹤0.01% |
80,244
+71,644
| +833% | +$2.67M |
|
2249
CALL
Martin Marietta Materials
MLM
$34.2B
| $2.98M | ﹤0.01% |
8,400
-10,000
| -54% | -$3.51M |
|
2250
CALL
ATI
ATI
$24.3B
| $2.98M | ﹤0.01% |
75,500
+3,900
| +5% | +$147K |
|
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.