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 | |
|---|---|---|---|---|---|---|
2451
Madison Square Garden
MSGS
$9.62B
| $2.21M | ﹤0.01% |
12,156
+3,764
| +45% | +$652K |
|
|
PDS
2452
Precision Drilling
PDS
$952M
| $2.21M | ﹤0.01% |
40,700
-20,500
| -33% | -$1.18M |
|
2453
CALL
New Oriental
EDU
$8.75B
| $2.2M | ﹤0.01% |
30,000
| – | – |
|
|
K
2454
DELISTED
Kellanova
K
| $2.2M | ﹤0.01% |
39,278
-9,566
| -20% | -$500K |
|
2455
Heron Therapeutics
HRTX
$94.5M
| $2.19M | ﹤0.01% |
1,290,997
+1,045,724
| +426% | +$1.15M |
|
2456
PUT
Zions Bancorporation
ZION
$10.1B
| $2.19M | ﹤0.01% |
50,000
-28,800
| -37% | -$1.04M |
|
2457
TripAdvisor
TRIP
$1.74B
| $2.19M | ﹤0.01% |
101,777
-252,391
| -71% | -$4.43M |
|
2458
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.18B
| $2.19M | ﹤0.01% |
+53,379
| New | +$2.12M |
|
2459
Pilgrim's Pride
PPC
$7.09B
| $2.18M | ﹤0.01% |
78,716
+58,556
| +290% | +$1.49M |
|
2460
PUT
Badger Meter
BMI
$3.86B
| $2.18M | ﹤0.01% |
14,100
| – | – |
|
2461
PUT
Coherent
COHR
$46.6B
| $2.18M | ﹤0.01% |
50,000
| – | – |
|
2462
CALL
Tractor Supply
TSCO
$16.4B
| $2.17M | ﹤0.01% |
50,500
+13,000
| +35% | +$531K |
|
|
CIVI
2463
PUT
DELISTED
Civitas Resources
CIVI
| $2.17M | ﹤0.01% |
+31,700
| New | +$2.27M |
|
2464
Credit Acceptance
CACC
$5.96B
| $2.17M | ﹤0.01% |
4,067
| – | – |
|
2465
CALL
Tanger
SKT
$4.83B
| $2.16M | ﹤0.01% |
78,000
| – | – |
|
2466
Raymond James Financial
RJF
$33.8B
| $2.16M | ﹤0.01% |
19,385
-20,980
| -52% | -$2.16M |
|
2467
CALL
KeyCorp
KEY
$24.2B
| $2.16M | ﹤0.01% |
150,000
| – | – |
|
2468
Perdoceo Education
PRDO
$2.12B
| $2.16M | ﹤0.01% |
122,899
-125,942
| -51% | -$2.22M |
|
2469
EPAM Systems
EPAM
$5.39B
| $2.16M | ﹤0.01% |
7,253
-127,226
| -95% | -$32.3M |
|
|
SAVE
2470
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.15M | ﹤0.01% |
131,377
+28,847
| +28% | +$415K |
|
2471
Evolv Technologies
EVLV
$1.01B
| $2.15M | ﹤0.01% |
456,012
-778,126
| -63% | -$3.33M |
|
2472
Viking Therapeutics
VKTX
$3.89B
| $2.15M | ﹤0.01% |
115,635
+29,655
| +34% | +$388K |
|
2473
PUT
Concentrix
CNXC
$1.64B
| $2.15M | ﹤0.01% |
21,900
+7,000
| +47% | +$610K |
|
|
HAYN
2474
DELISTED
Haynes International, Inc.
HAYN
| $2.15M | ﹤0.01% |
37,606
-6,487
| -15% | -$313K |
|
2475
Heritage Financial
HFWA
$1.22B
| $2.14M | ﹤0.01% |
100,164
+6,600
| +7% | +$120K |
|
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.