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 |
Apple
AAPL
|
+$820M |
| 2 |
Visa
V
|
+$667M |
| 3 |
HES
Hess
HES
|
+$515M |
| 4 |
Mastercard
MA
|
+$425M |
| 5 |
Oracle
ORCL
|
+$382M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.03B |
| 2 |
Advanced Micro Devices
AMD
|
+$949M |
| 3 |
Citigroup
C
|
+$419M |
| 4 |
ExxonMobil
XOM
|
+$391M |
| 5 |
Booking.com
BKNG
|
+$349M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.36% |
| 2 | Consumer Discretionary | 9.47% |
| 3 | Financials | 6.95% |
| 4 | Healthcare | 6.38% |
| 5 | Communication Services | 4.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
KBR
KBR
$4.36B
| $112M | 0.1% |
1,766,572
+1,278,742
| +262% | +$72.8M |
|
227
Waste Management
WM
$90.9B
| $112M | 0.1% |
526,820
+406,256
| +337% | +$79.8M |
|
|
228
CALL
Oracle
ORCL
$367B
| $112M | 0.1% |
893,200
-344,800
| -28% | -$39.5M |
|
229
PUT
Mercado Libre
MELI
$95.6B
| $112M | 0.1% |
74,100
-122,500
| -62% | -$200M |
|
230
PUT
Dollar General
DG
$28.1B
| $112M | 0.1% |
716,600
-24,800
| -3% | -$3.53M |
|
231
State Street
STT
$50.2B
| $112M | 0.1% |
1,446,080
+774,818
| +115% | +$57.5M |
|
232
PUT
Estee Lauder
EL
$30.7B
| $112M | 0.1% |
723,700
+65,500
| +10% | +$9.29M |
|
233
Check Point Software Technologies
CHKP
$13.1B
| $112M | 0.1% |
679,958
-281,080
| -29% | -$45.1M |
|
234
Dick's Sporting Goods
DKS
$17.9B
| $111M | 0.1% |
494,160
+396,494
| +406% | +$67.7M |
|
235
The Mosaic Company
MOS
$7.24B
| $111M | 0.1% |
3,419,498
+1,353,127
| +65% | +$43.1M |
|
236
PUT
United Rentals
URI
$66.5B
| $109M | 0.09% |
150,800
-44,000
| -23% | -$28.2M |
|
237
PUT
Bristol-Myers Squibb
BMY
$132B
| $108M | 0.09% |
1,986,600
+624,500
| +46% | +$31.8M |
|
238
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $107M | 0.09% |
985,500
-3,142,001
| -76% | -$341M |
|
239
CALL
Intel
INTC
$460B
| $107M | 0.09% |
2,422,400
-124,000
| -5% | -$5.53M |
|
240
Cencora
COR
$60.7B
| $107M | 0.09% |
439,393
+153,995
| +54% | +$35.4M |
|
241
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $106M | 0.09% |
1,153,762
+1,052,142
| +1,035% | +$93.7M |
|
242
PUT
Coinbase
COIN
$43.1B
| $106M | 0.09% |
400,000
-481,500
| -55% | -$86.7M |
|
243
MSCI
MSCI
$41.9B
| $106M | 0.09% |
188,493
+146,154
| +345% | +$82.2M |
|
244
Globant
GLOB
$1.57B
| $105M | 0.09% |
522,390
+383,458
| +276% | +$86.1M |
|
245
CALL
Wells Fargo
WFC
$258B
| $105M | 0.09% |
1,816,500
-257,600
| -12% | -$13.5M |
|
|
WRK
246
DELISTED
WestRock Company
WRK
| $105M | 0.09% |
2,116,469
+1,340,493
| +173% | +$58.6M |
|
247
Bath & Body Works
BBWI
$4.02B
| $104M | 0.09% |
2,085,228
+949,538
| +84% | +$42.6M |
|
248
Linde
LIN
$235B
| $103M | 0.09% |
222,746
-92,087
| -29% | -$39.9M |
|
249
CALL
Bank of Montreal
BMO
$125B
| $103M | 0.09% |
1,050,000
-345,000
| -25% | -$32.6M |
|
250
PUT
Roku
ROKU
$21.5B
| $102M | 0.09% |
1,565,700
+125,100
| +9% | +$9.73M |
|
Similar funds
D.E. Shaw & Co's Q1 2024 Portfolio in Review
As of Q1 2024, D.E. Shaw & Co held 4,923 positions worth $117B, up 2.1% from $114B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co withdrew a net $8.58B in Q1 2024, closing 634 positions and reducing 1,722 holdings. Its most notable exit was iShares JPMorgan USD Emerging Markets Bond ETF, an estimated $307M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in Arm worth $297M.
- D.E. Shaw & Co's largest Q1 2024 buy was Arm: 2,379,839 shares worth $297M.
- D.E. Shaw & Co added most to Apple in Q1 2024, an estimated $820M increase.
- D.E. Shaw & Co's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $1.03B.
- D.E. Shaw & Co fully exited iShares JPMorgan USD Emerging Markets Bond ETF in Q1 2024, selling an estimated $307M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $117B portfolio in Q1 2024.
- D.E. Shaw & Co opened 655 new positions and closed 634 in Q1 2024.
- D.E. Shaw & Co's portfolio value rose 2.1% quarter-over-quarter to $117B.
Based on D.E. Shaw & Co's 13F filing for Q1 2024, filed 15 May 2024.