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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.76% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2326
Macy's
M
$6.42B
| $2.61M | ﹤0.01% |
129,636
-102,617
| -44% | -$1.48M |
|
2327
PUT
M/I Homes
MHO
$3.94B
| $2.6M | ﹤0.01% |
18,900
| – | – |
|
2328
PUT
Bath & Body Works
BBWI
$3.96B
| $2.59M | ﹤0.01% |
60,000
| – | – |
|
|
GTM
2329
PUT
ZoomInfo Technologies
GTM
$1.02B
| $2.59M | ﹤0.01% |
+140,000
| New | +$2.2M |
|
|
TIXT
2330
DELISTED
TELUS International
TIXT
| $2.58M | ﹤0.01% |
300,394
+37,687
| +14% | +$274K |
|
2331
LGI Homes
LGIH
$1.39B
| $2.57M | ﹤0.01% |
19,319
-19,092
| -50% | -$2.12M |
|
2332
Graham Holdings Company
GHC
$5.33B
| $2.57M | ﹤0.01% |
3,692
-2,458
| -40% | -$1.53M |
|
2333
ThredUp
TDUP
$754M
| $2.57M | ﹤0.01% |
1,142,445
+43,751
| +4% | +$114K |
|
2334
i3 Verticals
IIIV
$424M
| $2.57M | ﹤0.01% |
121,239
+41,339
| +52% | +$829K |
|
2335
Insperity
NSP
$2.1B
| $2.56M | ﹤0.01% |
+21,872
| New | +$2.37M |
|
2336
PUT
Lumentum
LITE
$46.8B
| $2.56M | ﹤0.01% |
48,900
-9,900
| -17% | -$432K |
|
2337
PUT
American Water Works
AWK
$27B
| $2.56M | ﹤0.01% |
19,400
| – | – |
|
2338
CS Disco
LAW
$278M
| $2.56M | ﹤0.01% |
336,944
-38,781
| -10% | -$244K |
|
2339
Monster Beverage
MNST
$95.4B
| $2.55M | ﹤0.01% |
44,229
-83,749
| -65% | -$4.48M |
|
2340
PUT
Yum China
YUMC
$15.9B
| $2.55M | ﹤0.01% |
+60,000
| New | +$2.79M |
|
|
SGMO
2341
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.54M | ﹤0.01% |
4,683,973
+2,175,388
| +87% | +$1M |
|
2342
CALL
Martin Marietta Materials
MLM
$34.2B
| $2.54M | ﹤0.01% |
5,100
| – | – |
|
2343
Babcock & Wilcox
BW
$1.21B
| $2.54M | ﹤0.01% |
1,740,841
+1,296,703
| +292% | +$2.76M |
|
|
TMHC
2344
DELISTED
Taylor Morrison
TMHC
| $2.54M | ﹤0.01% |
47,604
+1,828
| +4% | +$81.7K |
|
2345
Merchants Bancorp
MBIN
$2.56B
| $2.53M | ﹤0.01% |
59,458
+40,434
| +213% | +$1.33M |
|
2346
STAAR Surgical
STAA
$1.2B
| $2.53M | ﹤0.01% |
+81,106
| New | +$2.91M |
|
|
ESGR
2347
DELISTED
Enstar Group
ESGR
| $2.53M | ﹤0.01% |
8,594
-3,539
| -29% | -$925K |
|
2348
Palo Alto Networks
PANW
$255B
| $2.52M | ﹤0.01% |
17,120
-519,530
| -97% | -$69.5M |
|
|
AGEN
2349
Agenus
AGEN
$280M
| $2.52M | ﹤0.01% |
+152,007
| New | +$2.52M |
|
2350
PUT
Corteva
CTVA
$59.8B
| $2.52M | ﹤0.01% |
+52,500
| New | +$2.5M |
|
Similar funds
D.E. Shaw & Co's Q4 2023 Portfolio in Review
As of Q4 2023, D.E. Shaw & Co held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- D.E. Shaw & Co added most to Netflix in Q4 2023, an estimated $751M increase.
- D.E. Shaw & Co's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- D.E. Shaw & Co fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- D.E. Shaw & Co opened 575 new positions and closed 527 in Q4 2023.
- D.E. Shaw & Co's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.