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 | |
|---|---|---|---|---|---|---|
2426
Revolve Group
RVLV
$1.9B
| $2.28M | ﹤0.01% |
137,366
-49,037
| -26% | -$724K |
|
2427
Noodles & Co
NDLS
$94.9M
| $2.28M | ﹤0.01% |
90,377
-4,980
| -5% | -$109K |
|
2428
CALL
Caleres
CAL
$440M
| $2.28M | ﹤0.01% |
+74,100
| New | +$2.09M |
|
|
VTLE
2429
CALL
DELISTED
Vital Energy
VTLE
| $2.27M | ﹤0.01% |
50,000
-56,600
| -53% | -$2.71M |
|
2430
Baytex Energy
BTE
$2.97B
| $2.27M | ﹤0.01% |
684,439
-1,282,889
| -65% | -$4.97M |
|
|
DESP
2431
DELISTED
Despegar.com
DESP
| $2.27M | ﹤0.01% |
240,178
+132,325
| +123% | +$1.02M |
|
2432
CALL
First Citizens BancShares
FCNCA
$25B
| $2.27M | ﹤0.01% |
1,600
-5,200
| -76% | -$7.3M |
|
2433
Palomar
PLMR
$3.77B
| $2.27M | ﹤0.01% |
+40,898
| New | +$2.29M |
|
2434
CALL
VF Corp
VFC
$5.91B
| $2.27M | ﹤0.01% |
120,700
+100
| +0.1% | +$1.72K |
|
|
ENV
2435
DELISTED
ENVESTNET, INC.
ENV
| $2.27M | ﹤0.01% |
45,785
-46,734
| -51% | -$1.91M |
|
2436
Oshkosh
OSK
$9.3B
| $2.26M | ﹤0.01% |
20,810
-22,521
| -52% | -$2.18M |
|
2437
PUT
Marriott International
MAR
$100B
| $2.26M | ﹤0.01% |
10,000
-15,900
| -61% | -$3.22M |
|
|
TGNA
2438
DELISTED
TEGNA Inc
TGNA
| $2.25M | ﹤0.01% |
+147,003
| New | +$2.2M |
|
2439
Wheaton Precious Metals
WPM
$48.8B
| $2.25M | ﹤0.01% |
45,527
-85,473
| -65% | -$3.87M |
|
2440
OneSpan
OSPN
$577M
| $2.25M | ﹤0.01% |
209,422
+119,968
| +134% | +$1.18M |
|
2441
CALL
Halliburton
HAL
$26.4B
| $2.24M | ﹤0.01% |
62,100
-19,900
| -24% | -$765K |
|
2442
PUT
Evercore
EVR
$12.1B
| $2.24M | ﹤0.01% |
13,100
| – | – |
|
2443
Federal Agricultural Mortgage
AGM
$2.31B
| $2.24M | ﹤0.01% |
11,712
+6,947
| +146% | +$1.13M |
|
2444
CALL
Amkor Technology
AMKR
$11.6B
| $2.24M | ﹤0.01% |
67,300
| – | – |
|
2445
Commercial Vehicle Group
CVGI
$150M
| $2.23M | ﹤0.01% |
318,252
-43,280
| -12% | -$294K |
|
2446
Hyliion Holdings
HYLN
$617M
| $2.23M | ﹤0.01% |
2,739,954
+1,166,211
| +74% | +$828K |
|
2447
Hartford Financial Services
HIG
$39.4B
| $2.23M | ﹤0.01% |
27,712
-380
| -1% | -$28.6K |
|
2448
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.5B
| $2.23M | ﹤0.01% |
+5,904
| New | +$2.06M |
|
|
EXAS
2449
PUT
DELISTED
Exact Sciences
EXAS
| $2.22M | ﹤0.01% |
30,000
| – | – |
|
2450
Kinetik
KNTK
$3.74B
| $2.22M | ﹤0.01% |
66,387
+30,164
| +83% | +$1.05M |
|
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.