D.E. Shaw is a financial services firm situated in New York, New York. It is named for its founder, Dr. David Elliot Shaw, a hedge fund billionaire. He has a Ph.D. and concentrates on research, making him one of the few hedge fund CEOs with one.D.E. Shaw began as a small hedge fund with just six employees and $28 million in assets. Since then, the company’s capital has increased by several orders of magnitude. As the fourth quarter of last year drew to a close, its portfolio was worth a whopping $120 billion. The top holdings of the fund are all in the information technology sector. QUALCOMM Incorporated, Advanced Micro Devices, Inc., and NVIDIA Corporation are its top three holdings.
Insider Monkey highlights Shaw’s top ten semiconductor picks. Teradyne, Inc. is a testing equipment company based in the United States that helps companies do quality inspections on their products. Panayotis Takis Sparaggis’ Alkeon Capital Management is the company’s largest shareholder, with 3.7 million shares worth $611 million. During Q4 2021, D.E. Shaw owned 609,285 Qorvo, Inc. shares worth $95 million, accounting for 0.07 percent of its investment portfolio. The company’s products are used in WiFi routers, smartphones, and communications infrastructure, among other devices and systems. Hard disk drives (HDDs) and solid state drives (SSDs) are among the goods sold by Western Digital Corporation. Andrew Wellington and Jeff Keswin’s Lyrical Asset Management is the company’s largest investor, with a $258 million investment. ASML Holding N.V. is a Dutch holding company. ASML is a Dutch firm that manufactures semiconductor manufacturing machines. In January 2022, the business announced a collaboration with Intel Corporation, a leading chipmaker in the United States, for their TWINSCAN EXE:5200 system. Marvell Technology, Inc. is a semiconductor company that makes CPUs and signal processing devices, among other things. Marvell reported $1.34 billion in revenue and $0.50 in non-GAAP EPS as its fiscal fourth quarter drew to a close. For more details, click Ten Best Semiconductor Stocks To Invest In According To De Shaw.