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 |
NVIDIA
NVDA
|
+$997M |
| 2 |
Meta Platforms (Facebook)
META
|
+$626M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
T-Mobile US
TMUS
|
+$416M |
| 5 |
Uber
UBER
|
+$350M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$547M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$490M |
| 3 |
Johnson & Johnson
JNJ
|
+$444M |
| 4 |
Apple
AAPL
|
+$435M |
| 5 |
Accenture
ACN
|
+$378M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.68% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Healthcare | 8.52% |
| 4 | Financials | 6% |
| 5 | Industrials | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Southern Company
SO
$109B
| $2.3M | ﹤0.01% |
32,679
+1,688
| +5% | +$121K |
|
2402
World Kinect Corp
WKC
$2.06B
| $2.29M | ﹤0.01% |
110,924
-120,268
| -52% | -$2.86M |
|
2403
CALL
Concentrix
CNXC
$1.55B
| $2.29M | ﹤0.01% |
+28,400
| New | +$2.66M |
|
2404
Vertex
VERX
$2.14B
| $2.29M | ﹤0.01% |
117,537
+25,065
| +27% | +$529K |
|
2405
Crane NXT
CXT
$3.14B
| $2.29M | ﹤0.01% |
+40,564
| New | +$2.06M |
|
2406
CALL
BCE
BCE
$20.3B
| $2.28M | ﹤0.01% |
50,000
| – | – |
|
|
NOA
2407
North American Construction
NOA
$370M
| $2.28M | ﹤0.01% |
119,100
-31,200
| -21% | -$586K |
|
2408
CALL
MarketAxess Holdings
MKTX
$4.34B
| $2.27M | ﹤0.01% |
8,700
| – | – |
|
2409
Brookfield Renewable
BEPC
$5.93B
| $2.27M | ﹤0.01% |
72,146
-45,497
| -39% | -$1.54M |
|
|
TSE
2410
DELISTED
Trinseo
TSE
| $2.27M | ﹤0.01% |
179,271
+134,718
| +302% | +$2.18M |
|
2411
Yeti Holdings
YETI
$3.93B
| $2.27M | ﹤0.01% |
58,461
-1,995
| -3% | -$77.3K |
|
2412
PUT
Norfolk Southern
NSC
$76.1B
| $2.27M | ﹤0.01% |
10,000
| – | – |
|
|
SPWR
2413
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $2.26M | ﹤0.01% |
+231,100
| New | +$2.7M |
|
|
CVSA
2414
Covista Inc
CVSA
$4.3B
| $2.26M | ﹤0.01% |
65,785
-98,949
| -60% | -$3.96M |
|
2415
TD Synnex
SNX
$19.8B
| $2.26M | ﹤0.01% |
24,032
-61,395
| -72% | -$5.63M |
|
2416
CALL
Capri Holdings
CPRI
$1.88B
| $2.26M | ﹤0.01% |
62,900
-45,100
| -42% | -$1.79M |
|
2417
CALL
Allegro MicroSystems
ALGM
$8.29B
| $2.26M | ﹤0.01% |
50,000
-117,300
| -70% | -$4.75M |
|
2418
Tronox
TROX
$981M
| $2.25M | ﹤0.01% |
176,701
+81,124
| +85% | +$1.02M |
|
2419
Rackspace Technology
RXT
$967M
| $2.25M | ﹤0.01% |
825,596
-191,027
| -19% | -$315K |
|
2420
Citi Trends
CTRN
$559M
| $2.25M | ﹤0.01% |
127,158
-1,541
| -1% | -$26.6K |
|
2421
CALL
Crown Castle
CCI
$33.1B
| $2.24M | ﹤0.01% |
19,700
+15,600
| +380% | +$1.86M |
|
2422
Kura Oncology
KURA
$826M
| $2.24M | ﹤0.01% |
212,143
+42,063
| +25% | +$497K |
|
2423
Innospec
IOSP
$2.12B
| $2.24M | ﹤0.01% |
22,331
+6,637
| +42% | +$665K |
|
2424
Wendy's
WEN
$1.46B
| $2.24M | ﹤0.01% |
103,099
-109,317
| -51% | -$2.44M |
|
2425
OSI Systems
OSIS
$3.64B
| $2.24M | ﹤0.01% |
19,011
+7,306
| +62% | +$838K |
|
Similar funds
D.E. Shaw & Co's Q2 2023 Portfolio in Review
As of Q2 2023, D.E. Shaw & Co held 4,841 positions worth $97.9B, up 4.8% from $93.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $4.46B in Q2 2023, closing 639 positions and reducing 1,586 holdings. Its most notable exit was Shaw Communications Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Oracle worth $217M.
- D.E. Shaw & Co's largest Q2 2023 buy was Oracle: 1,825,762 shares worth $217M.
- D.E. Shaw & Co added most to NVIDIA in Q2 2023, an estimated $997M increase.
- D.E. Shaw & Co's biggest Q2 2023 reduction was Visa, cutting an estimated $547M.
- D.E. Shaw & Co fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $152M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.9B portfolio in Q2 2023.
- D.E. Shaw & Co opened 467 new positions and closed 639 in Q2 2023.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $97.9B.
Based on D.E. Shaw & Co's 13F filing for Q2 2023, filed 14 Aug 2023.