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 |
Broadcom
AVGO
|
+$520M |
| 2 |
Accenture
ACN
|
+$474M |
| 3 |
Intel
INTC
|
+$436M |
| 4 |
Adobe
ADBE
|
+$318M |
| 5 |
Northrop Grumman
NOC
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.23B |
| 2 |
Apple
AAPL
|
+$900M |
| 3 |
Microsoft
MSFT
|
+$733M |
| 4 |
Netflix
NFLX
|
+$637M |
| 5 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$542M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.68% |
| 2 | Consumer Discretionary | 10.14% |
| 3 | Financials | 7.13% |
| 4 | Healthcare | 6.41% |
| 5 | Industrials | 4.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
United Fire Group
UFCS
$1.32B
| $1.4M | ﹤0.01% |
65,265
+28,291
| +77% | +$626K |
|
2827
Capri Holdings
CPRI
$1.83B
| $1.4M | ﹤0.01% |
+42,318
| New | +$1.53M |
|
2828
National Fuel Gas
NFG
$7.82B
| $1.4M | ﹤0.01% |
25,811
-88,374
| -77% | -$4.84M |
|
2829
CALL
US Bancorp
USB
$98.2B
| $1.4M | ﹤0.01% |
35,200
-146,000
| -81% | -$5.95M |
|
2830
CALL
TripAdvisor
TRIP
$1.65B
| $1.4M | ﹤0.01% |
78,400
+68,400
| +684% | +$1.48M |
|
2831
CALL
Boot Barn
BOOT
$4.51B
| $1.39M | ﹤0.01% |
+10,800
| New | +$1.22M |
|
2832
PUT
Enovix
ENVX
$892M
| $1.39M | ﹤0.01% |
+102,857
| New | +$860K |
|
|
GLST
2833
DELISTED
Global Star Acquisition, Inc. Class A Common Stock
GLST
| $1.39M | ﹤0.01% |
125,000
-55,000
| -31% | -$603K |
|
2834
PUT
DaVita
DVA
$15.4B
| $1.39M | ﹤0.01% |
10,000
| – | – |
|
2835
First Hawaiian
FHB
$3.38B
| $1.38M | ﹤0.01% |
+66,678
| New | +$1.4M |
|
2836
First Trust Value Line Dividend Fund
FVD
$8.32B
| $1.38M | ﹤0.01% |
33,967
+7,354
| +28% | +$304K |
|
2837
AbCellera Biologics
ABCL
$1.74B
| $1.38M | ﹤0.01% |
466,565
+13,330
| +3% | +$50.4K |
|
2838
SITE Centers
SITC
$225M
| $1.38M | ﹤0.01% |
121,879
+95,783
| +367% | +$1.05M |
|
2839
CALL
CNX Resources
CNX
$5.3B
| $1.38M | ﹤0.01% |
56,600
| – | – |
|
|
GBIO
2840
DELISTED
Generation Bio
GBIO
| $1.37M | ﹤0.01% |
48,754
+4,383
| +10% | +$142K |
|
2841
Skywest
SKYW
$4.24B
| $1.37M | ﹤0.01% |
16,715
-4,179
| -20% | -$312K |
|
2842
PUT
Terex
TEX
$7.18B
| $1.37M | ﹤0.01% |
+25,000
| New | +$1.48M |
|
2843
RBC Bearings
RBC
$17.4B
| $1.37M | ﹤0.01% |
+5,060
| New | +$1.36M |
|
2844
MasTec
MTZ
$21.1B
| $1.36M | ﹤0.01% |
+12,732
| New | +$1.29M |
|
2845
Avantis US Small Cap Value ETF
AVUV
$30.3B
| $1.36M | ﹤0.01% |
15,182
-25,685
| -63% | -$2.33M |
|
2846
First Financial Bancorp
FFBC
$3.55B
| $1.36M | ﹤0.01% |
+61,027
| New | +$1.35M |
|
2847
PUT
Lamb Weston
LW
$7.22B
| $1.35M | ﹤0.01% |
+16,100
| New | +$1.37M |
|
|
HTBK
2848
DELISTED
Heritage Commerce
HTBK
| $1.35M | ﹤0.01% |
155,549
+70,146
| +82% | +$571K |
|
2849
iShares JPMorgan EM High Yield Bond ETF
EMHY
$620M
| $1.35M | ﹤0.01% |
36,475
+28,575
| +362% | +$1.06M |
|
2850
CALL
RCI Hospitality Holdings
RICK
$192M
| $1.35M | ﹤0.01% |
+31,000
| New | +$1.5M |
|
Similar funds
D.E. Shaw & Co's Q2 2024 Portfolio in Review
As of Q2 2024, D.E. Shaw & Co held 4,975 positions worth $107B, down 8.5% from $117B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $20B in Q2 2024, closing 541 positions and reducing 1,567 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $542M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $258M.
- D.E. Shaw & Co's largest Q2 2024 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 2,917,600 shares worth $258M.
- D.E. Shaw & Co added most to Broadcom in Q2 2024, an estimated $520M increase.
- D.E. Shaw & Co's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $1.23B.
- D.E. Shaw & Co fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $542M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $107B portfolio in Q2 2024.
- D.E. Shaw & Co opened 693 new positions and closed 541 in Q2 2024.
- D.E. Shaw & Co's portfolio value fell 8.5% quarter-over-quarter to $107B.
Based on D.E. Shaw & Co's 13F filing for Q2 2024, filed 14 Aug 2024.