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 | |
|---|---|---|---|---|---|---|
|
TWOA
2276
DELISTED
two
TWOA
| $2.49M | ﹤0.01% |
237,142
| – | – |
|
2277
Champion Homes
SKY
$4.58B
| $2.48M | ﹤0.01% |
38,913
-27,305
| -41% | -$1.83M |
|
|
TXNM
2278
TXNM Energy Inc
TXNM
$6.43B
| $2.47M | ﹤0.01% |
55,466
-83,218
| -60% | -$3.72M |
|
2279
PUT
Shake Shack
SHAK
$2.55B
| $2.47M | ﹤0.01% |
+42,600
| New | +$3.03M |
|
2280
Brookfield Renewable
BEPC
$5.93B
| $2.47M | ﹤0.01% |
103,096
+30,950
| +43% | +$898K |
|
2281
CALL
Nabors Industries
NBR
$1.12B
| $2.46M | ﹤0.01% |
20,000
+10,000
| +100% | +$1.16M |
|
2282
RxSight
RXST
$250M
| $2.46M | ﹤0.01% |
88,287
-47,209
| -35% | -$1.41M |
|
|
DECA
2283
DELISTED
Denali Capital Acquisition Corp. Class A Ordinary Shares
DECA
| $2.46M | ﹤0.01% |
225,000
| – | – |
|
2284
PUT
Exelon
EXC
$48.4B
| $2.46M | ﹤0.01% |
+65,000
| New | +$2.65M |
|
2285
Invitation Homes
INVH
$17.9B
| $2.46M | ﹤0.01% |
77,481
+70,078
| +947% | +$2.41M |
|
2286
Alamo Group
ALG
$2B
| $2.45M | ﹤0.01% |
14,190
+2,370
| +20% | +$425K |
|
|
DSAQ
2287
DELISTED
Direct Selling Acquisition Corp.
DSAQ
| $2.45M | ﹤0.01% |
226,000
| – | – |
|
2288
LendingTree
TREE
$572M
| $2.45M | ﹤0.01% |
157,783
-38,618
| -20% | -$782K |
|
|
SWTX
2289
DELISTED
SpringWorks Therapeutics
SWTX
| $2.44M | ﹤0.01% |
105,736
-64,311
| -38% | -$1.76M |
|
2290
Douglas Elliman
DOUG
$160M
| $2.44M | ﹤0.01% |
1,080,802
+304,128
| +39% | +$699K |
|
2291
CALL
Sun Life Financial
SLF
$46.6B
| $2.44M | ﹤0.01% |
50,000
-230,000
| -82% | -$11.5M |
|
2292
Grid Dynamics Holdings
GDYN
$513M
| $2.44M | ﹤0.01% |
200,030
-95,355
| -32% | -$1.06M |
|
|
VSTO
2293
CALL
DELISTED
Vista Outdoor Inc.
VSTO
| $2.43M | ﹤0.01% |
73,400
+36,800
| +101% | +$1.09M |
|
2294
RLX Technology
RLX
$2.43B
| $2.43M | ﹤0.01% |
1,607,444
-1,771,122
| -52% | -$2.78M |
|
|
SILV
2295
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $2.43M | ﹤0.01% |
549,742
+88,033
| +19% | +$448K |
|
|
NFYS
2296
DELISTED
Enphys Acquisition Corp.
NFYS
| $2.42M | ﹤0.01% |
230,939
+199,855
| +643% | +$2.09M |
|
2297
CTS Corp
CTS
$1.85B
| $2.42M | ﹤0.01% |
58,059
+12,482
| +27% | +$537K |
|
2298
Century Aluminum
CENX
$4.35B
| $2.42M | ﹤0.01% |
336,786
+68,448
| +26% | +$551K |
|
2299
CALL
Axsome Therapeutics
AXSM
$12.1B
| $2.42M | ﹤0.01% |
34,600
| – | – |
|
2300
Granite Construction
GVA
$5.31B
| $2.42M | ﹤0.01% |
63,601
-33,510
| -35% | -$1.36M |
|
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.