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 | |
|---|---|---|---|---|---|---|
3351
Ring Energy
REI
$315M
| $644K | ﹤0.01% |
381,152
+163,922
| +75% | +$301K |
|
3352
Insteel Industries
IIIN
$593M
| $644K | ﹤0.01% |
+20,788
| New | +$682K |
|
3353
iShares US Aerospace & Defense ETF
ITA
$14.2B
| $641K | ﹤0.01% |
+4,858
| New | +$644K |
|
3354
Schwab US Mid-Cap ETF
SCHM
$14.5B
| $641K | ﹤0.01% |
+24,717
| New | +$647K |
|
3355
CALL
Colgate-Palmolive
CL
$73.1B
| $640K | ﹤0.01% |
6,600
-13,400
| -67% | -$1.24M |
|
3356
Brookfield Infrastructure
BIPC
$5.2B
| $635K | ﹤0.01% |
+18,849
| New | +$628K |
|
3357
PUT
Dutch Bros
BROS
$9.03B
| $633K | ﹤0.01% |
+15,300
| New | +$526K |
|
3358
CALL
Braze
BRZE
$2.81B
| $633K | ﹤0.01% |
16,300
-38,800
| -70% | -$1.55M |
|
3359
Lithia Motors
LAD
$8.47B
| $629K | ﹤0.01% |
+2,492
| New | +$652K |
|
3360
Dynatrace
DT
$12.9B
| $628K | ﹤0.01% |
14,035
-202,700
| -94% | -$9.34M |
|
3361
Community Bank
CBU
$3.41B
| $628K | ﹤0.01% |
+13,299
| New | +$602K |
|
|
ARI
3362
Apollo Commercial Real Estate
ARI
$867M
| $624K | ﹤0.01% |
63,757
+18,602
| +41% | +$192K |
|
3363
CALL
Veeva Systems
VEEV
$33.1B
| $622K | ﹤0.01% |
3,400
-40,000
| -92% | -$7.94M |
|
3364
ABM Industries
ABM
$2.81B
| $621K | ﹤0.01% |
12,288
+6,441
| +110% | +$300K |
|
3365
PUT
CRISPR Therapeutics
CRSP
$4.73B
| $621K | ﹤0.01% |
11,500
-1,600
| -12% | -$92.5K |
|
3366
PUT
Methode Electronics
MEI
$496M
| $620K | ﹤0.01% |
59,900
+38,800
| +184% | +$446K |
|
3367
Planet Fitness
PLNT
$4.42B
| $619K | ﹤0.01% |
+8,409
| New | +$546K |
|
3368
CALL
indie Semiconductor
INDI
$682M
| $617K | ﹤0.01% |
+100,000
| New | +$636K |
|
3369
International Flavors & Fragrances
IFF
$20.2B
| $615K | ﹤0.01% |
6,458
+2,470
| +62% | +$226K |
|
3370
Fidelity MSCI Real Estate Index ETF
FREL
$1.5B
| $615K | ﹤0.01% |
24,256
+13,569
| +127% | +$338K |
|
3371
PUT
Howard Hughes
HHH
$3.81B
| $609K | ﹤0.01% |
+9,861
| New | +$618K |
|
3372
Independent Bank Corp
IBCP
$787M
| $609K | ﹤0.01% |
22,549
-11,751
| -34% | -$291K |
|
3373
PUT
International Paper
IP
$21.6B
| $608K | ﹤0.01% |
+14,100
| New | +$573K |
|
3374
Southern Missouri Bancorp
SMBC
$852M
| $607K | ﹤0.01% |
+13,487
| New | +$561K |
|
3375
Midland States Bancorp
MSBI
$699M
| $606K | ﹤0.01% |
+26,763
| New | +$616K |
|
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.