D.E. Shaw is a New York-based investment company. In honor of its founder, Dr. David Elliot Shaw, a billionaire hedge fund manager. A Ph.D. and a focus on research make him one of the few hedge fund executives with a Ph.D. in the industry. As a hedge fund with just six employees and $28 million, D.E. Shaw made its name. Since then, the company’s capital has increased by a factor of two or three. By the end of last year’s fourth quarter, its portfolio was worth an astounding $120 billion.
Insider Monkey highlights D.E. Shaw’s top ten semiconductor picks. Non-GAAP EPS for Teradyne, Inc. was $1.37 in its fiscal fourth quarter. The company’s stock was also owned by 40 of the 924 hedge funds surveyed by Insider Monkey during the same time period. Qorvo Inc. in a $95 million stake during the fourth quarter of 2021. WiFi routers, smartphones, and telecommunications infrastructure all use the company’s products. During the second quarter of fiscal 2014, Western Digital Corporation generated $4.83 billion in revenue and $2.30 in non-GAAP EPS. Storage device company was a stake in 51 out of 924 hedge funds studied by Insider Monkey. Manufacturing machines for semiconductors is the primary focus of ASML Holdings N.V. The TWINSCAN EXE:5200 system was announced in January 2022 as a collaboration between the company and Intel Corporation, the world’s largest chipmaker. As of the end of the fourth quarter of 2021, D.E. Shaw’s Marvell Technology, Inc. stake was worth $143 million. According to Insider Monkey’s analysis of 924 funds over the same period, 61 of them had stakes in the business. For more details, click Ten Best Semiconductor Stocks To Invest In According To D.E. Shaw.