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 | |
|---|---|---|---|---|---|---|
|
MCHB
2376
Mechanics Bancorp
MCHB
$3.51B
| $2.17M | ﹤0.01% |
278,258
-180,293
| -39% | -$1.6M |
|
2377
CALL
Zions Bancorporation
ZION
$10.1B
| $2.17M | ﹤0.01% |
62,100
-114,700
| -65% | -$4M |
|
2378
CALL
Simon Property Group
SPG
$76.8B
| $2.16M | ﹤0.01% |
20,000
| – | – |
|
2379
PUT
American Eagle Outfitters
AEO
$3.04B
| $2.16M | ﹤0.01% |
130,000
| – | – |
|
|
2380
PUT
Walmart Inc
WMT
$900B
| $2.16M | ﹤0.01% |
40,500
-31,200
| -44% | -$1.66M |
|
2381
CALL
Ally Financial
ALLY
$13.4B
| $2.16M | ﹤0.01% |
80,900
-41,200
| -34% | -$1.15M |
|
2382
Syndax Pharmaceuticals
SNDX
$1.74B
| $2.16M | ﹤0.01% |
148,572
-24,447
| -14% | -$462K |
|
2383
CALL
Trex
TREX
$4.57B
| $2.16M | ﹤0.01% |
+35,000
| New | +$2.4M |
|
2384
Allegion
ALLE
$13.7B
| $2.15M | ﹤0.01% |
20,639
-145,887
| -88% | -$16.4M |
|
|
SVII
2385
DELISTED
Spring Valley Acquisition Corp II
SVII
| $2.15M | ﹤0.01% |
200,766
| – | – |
|
2386
Inovio Pharmaceuticals
INO
$84.7M
| $2.15M | ﹤0.01% |
459,903
-173,608
| -27% | -$959K |
|
|
MAGN
2387
Magnera Corp
MAGN
$498M
| $2.15M | ﹤0.01% |
82,537
| – | – |
|
2388
CALL
Knight Transportation
KNX
$11.4B
| $2.14M | ﹤0.01% |
42,600
| – | – |
|
2389
CALL
VF Corp
VFC
$7.16B
| $2.13M | ﹤0.01% |
120,600
-517,200
| -81% | -$9.84M |
|
2390
PUT
Skyworks Solutions
SWKS
$9.73B
| $2.13M | ﹤0.01% |
21,600
-5,300
| -20% | -$564K |
|
2391
PUT
GE HealthCare
GEHC
$29.2B
| $2.12M | ﹤0.01% |
31,152
| – | – |
|
2392
Melco Resorts & Entertainment
MLCO
$2.19B
| $2.12M | ﹤0.01% |
213,861
-173,680
| -45% | -$2.01M |
|
2393
Terreno Realty
TRNO
$7.72B
| $2.11M | ﹤0.01% |
37,171
+13,696
| +58% | +$816K |
|
|
SILK
2394
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $2.11M | ﹤0.01% |
140,813
+119,845
| +572% | +$2.49M |
|
2395
PUT
Alexandria Real Estate Equities
ARE
$9.41B
| $2.1M | ﹤0.01% |
21,000
-400
| -2% | -$46.5K |
|
2396
Ameris Bancorp
ABCB
$5.9B
| $2.1M | ﹤0.01% |
54,740
-20,188
| -27% | -$803K |
|
2397
Starwood Property Trust
STWD
$6.18B
| $2.1M | ﹤0.01% |
+108,492
| New | +$2.2M |
|
|
CUK
2398
DELISTED
Carnival PLC
CUK
| $2.1M | ﹤0.01% |
171,095
-42,061
| -20% | -$630K |
|
|
PEGR
2399
DELISTED
Project Energy Reimagined Acquisition Corp. Class A Ordinary Share
PEGR
| $2.09M | ﹤0.01% |
200,000
-1,285,000
| -87% | -$13.4M |
|
2400
PUT
MarketAxess Holdings
MKTX
$4.34B
| $2.09M | ﹤0.01% |
+9,800
| New | +$2.38M |
|
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.