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 | |
|---|---|---|---|---|---|---|
2226
CALL
Molson Coors Class B
TAP
$7.97B
| $2.66M | ﹤0.01% |
41,900
| – | – |
|
2227
Lamar Advertising Co
LAMR
$16.5B
| $2.66M | ﹤0.01% |
+31,867
| New | +$2.93M |
|
2228
CALL
ZTO Express
ZTO
$18.2B
| $2.66M | ﹤0.01% |
110,000
-1,500
| -1% | -$38.2K |
|
2229
PUT
Lumentum
LITE
$50.7B
| $2.66M | ﹤0.01% |
58,800
+43,800
| +292% | +$2.22M |
|
2230
Tilray
TLRY
$498M
| $2.65M | ﹤0.01% |
+110,967
| New | +$2.62M |
|
2231
UiPath
PATH
$6.32B
| $2.65M | ﹤0.01% |
154,892
-53,714
| -26% | -$894K |
|
2232
FirstService
FSV
$6.58B
| $2.65M | ﹤0.01% |
18,211
-6,800
| -27% | -$1.04M |
|
|
PPLI
2233
PUT
People Inc
PPLI
$3.13B
| $2.65M | ﹤0.01% |
63,998
| – | – |
|
2234
Coherus Oncology
CHRS
$222M
| $2.64M | ﹤0.01% |
706,408
-430,740
| -38% | -$1.99M |
|
2235
Spire
SR
$4.88B
| $2.64M | ﹤0.01% |
+46,618
| New | +$2.83M |
|
2236
Haemonetics
HAE
$3.75B
| $2.63M | ﹤0.01% |
29,408
+1,651
| +6% | +$147K |
|
2237
Telos
TLS
$344M
| $2.63M | ﹤0.01% |
1,100,961
+75,040
| +7% | +$172K |
|
2238
Avient
AVNT
$3.41B
| $2.63M | ﹤0.01% |
74,446
+36,003
| +94% | +$1.39M |
|
2239
CALL
Align Technology
ALGN
$12.6B
| $2.63M | ﹤0.01% |
8,600
| – | – |
|
2240
AnaptysBio
ANAB
$1.54B
| $2.62M | ﹤0.01% |
145,892
-59,904
| -29% | -$1.14M |
|
2241
PUT
Herc Holdings
HRI
$4.95B
| $2.62M | ﹤0.01% |
22,000
+10,000
| +83% | +$1.3M |
|
2242
National Beverage
FIZZ
$3.05B
| $2.61M | ﹤0.01% |
55,596
+41,377
| +291% | +$2.09M |
|
2243
PUT
Enovix
ENVX
$866M
| $2.61M | ﹤0.01% |
+237,943
| New | +$3.4M |
|
|
CSW
2244
CSW Industrials
CSW
$4.87B
| $2.61M | ﹤0.01% |
14,908
-4,839
| -25% | -$856K |
|
2245
CALL
Illumina
ILMN
$29.2B
| $2.61M | ﹤0.01% |
+19,532
| New | +$3.21M |
|
2246
Steven Madden
SHOO
$3.22B
| $2.6M | ﹤0.01% |
+81,756
| New | +$2.72M |
|
2247
Cars.com
CARS
$705M
| $2.59M | ﹤0.01% |
153,834
-143,991
| -48% | -$2.81M |
|
2248
CALL
RingCentral
RNG
$4.77B
| $2.59M | ﹤0.01% |
87,500
| – | – |
|
2249
Citizens Financial Group
CFG
$30.8B
| $2.59M | ﹤0.01% |
96,494
-1,413,121
| -94% | -$40.4M |
|
2250
PUT
LoveSac
LOVE
$248M
| $2.58M | ﹤0.01% |
129,700
+39,700
| +44% | +$979K |
|
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.