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 | |
|---|---|---|---|---|---|---|
3101
First Merchants
FRME
$2.68B
| $961K | ﹤0.01% |
+28,874
| New | +$965K |
|
3102
Ardagh Metal Packaging
AMBP
$2.83B
| $959K | ﹤0.01% |
+282,184
| New | +$1.06M |
|
3103
CALL
McEwen Inc
MUX
$1.03B
| $958K | ﹤0.01% |
104,400
+94,400
| +944% | +$1.04M |
|
3104
PUT
Digital Realty Trust
DLR
$69.7B
| $958K | ﹤0.01% |
6,300
| – | – |
|
|
EGRX
3105
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $958K | ﹤0.01% |
171,008
-48,803
| -22% | -$213K |
|
|
HLVX
3106
DELISTED
HilleVax
HLVX
| $956K | ﹤0.01% |
66,079
+37,920
| +135% | +$521K |
|
|
GRMN
3107
Garmin
GRMN
$56.7B
| $955K | ﹤0.01% |
5,859
-46
| -0.8% | -$7.24K |
|
3108
CALL
QuantumScape Corp
QS
$3.21B
| $953K | ﹤0.01% |
193,600
+9,800
| +5% | +$54.6K |
|
3109
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $944K | ﹤0.01% |
+8,324
| New | +$949K |
|
3110
CALL
Newell Brands
NWL
$2.38B
| $942K | ﹤0.01% |
147,000
| – | – |
|
3111
InvenTrust Properties
IVT
$2.76B
| $940K | ﹤0.01% |
+37,971
| New | +$939K |
|
3112
CBIZ
CBZ
$2.99B
| $932K | ﹤0.01% |
12,581
-6,843
| -35% | -$517K |
|
3113
Utz Brands
UTZ
$1.25B
| $926K | ﹤0.01% |
55,662
+45,232
| +434% | +$814K |
|
3114
SentinelOne
S
$6.53B
| $925K | ﹤0.01% |
43,944
+13,108
| +43% | +$269K |
|
|
EFOR
3115
Everforth Inc
EFOR
$1.17B
| $923K | ﹤0.01% |
+10,471
| New | +$1M |
|
3116
PUT
RingCentral
RNG
$4.66B
| $919K | ﹤0.01% |
32,600
+3,300
| +11% | +$106K |
|
3117
TriCo Bancshares
TCBK
$1.84B
| $919K | ﹤0.01% |
23,218
+6,071
| +35% | +$219K |
|
|
TEN
3118
CALL
Tsakos Energy Navigation Ltd
TEN
$1.21B
| $916K | ﹤0.01% |
+31,300
| New | +$879K |
|
3119
CALL
Abbott
ABT
$183B
| $914K | ﹤0.01% |
8,800
-194,500
| -96% | -$20.6M |
|
3120
Raymond James Financial
RJF
$33.8B
| $914K | ﹤0.01% |
+7,396
| New | +$913K |
|
3121
CALL
BRC Group Holdings
RILY
$288M
| $914K | ﹤0.01% |
+51,800
| New | +$1.33M |
|
3122
CALL
American International
AIG
$41.7B
| $913K | ﹤0.01% |
+12,300
| New | +$940K |
|
3123
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $912K | ﹤0.01% |
+18,972
| New | +$929K |
|
3124
4D Molecular Therapeutics
FDMT
$532M
| $912K | ﹤0.01% |
43,426
-322
| -0.7% | -$8.08K |
|
3125
Mizuho Financial
MFG
$127B
| $911K | ﹤0.01% |
215,326
-302,942
| -58% | -$1.2M |
|
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.