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 | |
|---|---|---|---|---|---|---|
3301
Modine Manufacturing
MOD
$10.7B
| $688K | ﹤0.01% |
6,862
-6,533
| -49% | -$627K |
|
3302
Pagaya Technologies
PGY
$1.61B
| $685K | ﹤0.01% |
53,670
+1,612
| +3% | +$18.1K |
|
3303
Life Time Group Holdings
LTH
$10.1B
| $678K | ﹤0.01% |
36,028
-267,707
| -88% | -$4.23M |
|
3304
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.8B
| $677K | ﹤0.01% |
+8,049
| New | +$680K |
|
3305
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.1M
| $677K | ﹤0.01% |
+19,576
| New | +$676K |
|
3306
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.58B
| $676K | ﹤0.01% |
+13,183
| New | +$678K |
|
3307
Tiptree Inc
TIPT
$662M
| $676K | ﹤0.01% |
40,970
+23,059
| +129% | +$386K |
|
3308
Danaher
DHR
$137B
| $675K | ﹤0.01% |
2,700
-2,999
| -53% | -$758K |
|
3309
Telecom Argentina
TEO
$6.03B
| $673K | ﹤0.01% |
+93,120
| New | +$743K |
|
3310
Avita Medical
RCEL
$135M
| $672K | ﹤0.01% |
84,829
+36,700
| +76% | +$349K |
|
|
THR
3311
DELISTED
Thermon Group Holdings
THR
| $672K | ﹤0.01% |
21,836
-4,117
| -16% | -$132K |
|
3312
PUT
Intellia Therapeutics
NTLA
$1.49B
| $671K | ﹤0.01% |
+30,000
| New | +$714K |
|
3313
Amplitude
AMPL
$1.18B
| $671K | ﹤0.01% |
75,354
+324
| +0.4% | +$3.04K |
|
|
OBE
3314
Obsidian Energy
OBE
$716M
| $669K | ﹤0.01% |
89,400
+46,200
| +107% | +$362K |
|
3315
Vestis
VSTS
$1.91B
| $667K | ﹤0.01% |
54,553
+44,345
| +434% | +$641K |
|
3316
Monarch Casino & Resort
MCRI
$2.2B
| $667K | ﹤0.01% |
9,790
+5,083
| +108% | +$348K |
|
|
GOLD
3317
CALL
Gold.com Inc
GOLD
$1.2B
| $667K | ﹤0.01% |
+20,600
| New | +$759K |
|
|
TUYA
3318
Tuya Inc
TUYA
$1.03B
| $667K | ﹤0.01% |
389,923
+66,525
| +21% | +$121K |
|
3319
PUT
W.P. Carey
WPC
$16.8B
| $666K | ﹤0.01% |
12,100
| – | – |
|
3320
Fidelity MSCI Utilities Index ETF
FUTY
$2.31B
| $665K | ﹤0.01% |
15,120
+7,525
| +99% | +$333K |
|
3321
Celanese
CE
$4.9B
| $663K | ﹤0.01% |
4,915
+1,315
| +37% | +$201K |
|
3322
Gold Fields
GFI
$29B
| $662K | ﹤0.01% |
44,429
-75,468
| -63% | -$1.23M |
|
3323
PUT
Kinder Morgan
KMI
$71.7B
| $662K | ﹤0.01% |
+33,300
| New | +$635K |
|
3324
Immunocore
IMCR
$1.72B
| $661K | ﹤0.01% |
19,515
-120,579
| -86% | -$6.15M |
|
3325
US Bancorp
USB
$98.2B
| $660K | ﹤0.01% |
+16,635
| New | +$678K |
|
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.