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 | |
|---|---|---|---|---|---|---|
2351
Crane NXT
CXT
$2.96B
| $2.51M | ﹤0.01% |
44,209
+1,933
| +5% | +$103K |
|
2352
Avnet
AVT
$6.88B
| $2.51M | ﹤0.01% |
49,846
-152,457
| -75% | -$7.25M |
|
2353
Playtika
PLTK
$1.52B
| $2.51M | ﹤0.01% |
287,812
+120,937
| +72% | +$1.05M |
|
2354
Dorian LPG
LPG
$1.94B
| $2.51M | ﹤0.01% |
57,186
+17,386
| +44% | +$646K |
|
2355
CALL
Mohawk Industries
MHK
$6.94B
| $2.5M | ﹤0.01% |
24,200
-9,100
| -27% | -$797K |
|
2356
PUT
Eaton
ETN
$140B
| $2.5M | ﹤0.01% |
10,400
| – | – |
|
2357
ABM Industries
ABM
$2.88B
| $2.5M | ﹤0.01% |
55,817
+46,472
| +497% | +$1.96M |
|
2358
PUT
Invesco
IVZ
$12.4B
| $2.5M | ﹤0.01% |
140,000
-125,000
| -47% | -$1.8M |
|
|
PPL
2359
PUT
PPL Corp
PPL
$27.4B
| $2.49M | ﹤0.01% |
92,000
-8,000
| -8% | -$203K |
|
|
RCM
2360
DELISTED
R1 RCM Inc. Common Stock
RCM
| $2.49M | ﹤0.01% |
235,368
-51,487
| -18% | -$584K |
|
2361
CALL
Akamai
AKAM
$15.8B
| $2.49M | ﹤0.01% |
21,000
+10,000
| +91% | +$1.11M |
|
2362
PUT
Matador Resources
MTDR
$5.96B
| $2.48M | ﹤0.01% |
43,600
-94,200
| -68% | -$5.51M |
|
2363
Xeris Biopharma Holdings
XERS
$1.45B
| $2.48M | ﹤0.01% |
1,054,610
+179,200
| +20% | +$331K |
|
2364
PUT
Allegiant Air
ALGT
$2.62B
| $2.48M | ﹤0.01% |
30,000
+20,000
| +200% | +$1.44M |
|
2365
Laureate Education
LAUR
$5.38B
| $2.48M | ﹤0.01% |
180,736
-57,812
| -24% | -$794K |
|
2366
Murphy Oil
MUR
$5.51B
| $2.48M | ﹤0.01% |
+58,052
| New | +$2.54M |
|
2367
Pathward Financial
CASH
$1.87B
| $2.47M | ﹤0.01% |
46,665
-38,899
| -45% | -$1.91M |
|
2368
PUT
Enovix
ENVX
$838M
| $2.47M | ﹤0.01% |
225,371
-12,572
| -5% | -$123K |
|
2369
PUT
Futu Holdings
FUTU
$14.4B
| $2.46M | ﹤0.01% |
45,100
-69,100
| -61% | -$3.93M |
|
2370
Latham Group
SWIM
$647M
| $2.46M | ﹤0.01% |
935,008
-47,540
| -5% | -$118K |
|
2371
Consensus Cloud Solutions
CCSI
$685M
| $2.46M | ﹤0.01% |
93,776
+63,306
| +208% | +$1.49M |
|
2372
Montauk Renewables
MNTK
$255M
| $2.45M | ﹤0.01% |
274,971
-7,345
| -3% | -$68.7K |
|
2373
Algonquin Power & Utilities
AQN
$4.66B
| $2.45M | ﹤0.01% |
388,258
+215,500
| +125% | +$1.26M |
|
2374
CALL
GitLab
GTLB
$5.84B
| $2.44M | ﹤0.01% |
38,800
+1,900
| +5% | +$96K |
|
2375
CALL
AGNC Investment
AGNC
$12.8B
| $2.44M | ﹤0.01% |
249,000
| – | – |
|
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.