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 | |
|---|---|---|---|---|---|---|
3401
IBEX
IBEX
$473M
| $583K | ﹤0.01% |
36,037
-8,601
| -19% | -$127K |
|
3402
CALL
Corebridge Financial
CRBG
$14.1B
| $582K | ﹤0.01% |
+20,000
| New | +$576K |
|
3403
Lyell Immunopharma
LYEL
$317M
| $581K | ﹤0.01% |
20,043
+1,363
| +7% | +$64.9K |
|
3404
ARS Pharmaceuticals
SPRY
$509M
| $581K | ﹤0.01% |
68,233
+30,056
| +79% | +$267K |
|
|
ARR
3405
PUT
Armour Residential REIT
ARR
$2.33B
| $579K | ﹤0.01% |
29,900
+18,000
| +151% | +$343K |
|
3406
Camden National
CAC
$978M
| $579K | ﹤0.01% |
17,533
+9,398
| +116% | +$296K |
|
3407
PUT
Ralph Lauren
RL
$22.6B
| $578K | ﹤0.01% |
+3,300
| New | +$570K |
|
3408
CALL
Bloomin' Brands
BLMN
$741M
| $577K | ﹤0.01% |
+30,000
| New | +$703K |
|
3409
Martin Marietta Materials
MLM
$31.5B
| $575K | ﹤0.01% |
1,062
-300
| -22% | -$174K |
|
|
LAC
3410
CALL
Lithium Americas
LAC
$1.01B
| $575K | ﹤0.01% |
215,100
-12,400
| -5% | -$54.8K |
|
|
EVGR
3411
DELISTED
Evergreen Corporation Class A Ordinary Share
EVGR
| $575K | ﹤0.01% |
50,000
| – | – |
|
3412
PUT
Hertz
HTZ
$500M
| $574K | ﹤0.01% |
162,500
-266,200
| -62% | -$1.35M |
|
3413
Invesco S&P MidCap 400 Pure Value ETF
RFV
$335M
| $573K | ﹤0.01% |
5,133
-2,336
| -31% | -$265K |
|
3414
CALL
Teekay Tankers
TNK
$2.75B
| $571K | ﹤0.01% |
8,300
-500
| -6% | -$32.5K |
|
3415
Invesco KBW Bank ETF
KBWB
$6.84B
| $571K | ﹤0.01% |
10,672
-92,826
| -90% | -$4.9M |
|
3416
Amneal Pharmaceuticals
AMRX
$5.85B
| $571K | ﹤0.01% |
89,895
-136,309
| -60% | -$865K |
|
3417
PUT
MP Materials
MP
$7.36B
| $569K | ﹤0.01% |
44,700
+19,300
| +76% | +$303K |
|
3418
PUT
Nice
NICE
$5.79B
| $568K | ﹤0.01% |
+3,300
| New | +$679K |
|
3419
Amerant Bancorp
AMTB
$1.16B
| $567K | ﹤0.01% |
+24,980
| New | +$551K |
|
|
MLNK
3420
DELISTED
MeridianLink
MLNK
| $567K | ﹤0.01% |
26,545
-58,184
| -69% | -$1.08M |
|
3421
Exelon
EXC
$47.2B
| $566K | ﹤0.01% |
+16,366
| New | +$604K |
|
|
SMAR
3422
CALL
DELISTED
Smartsheet Inc.
SMAR
| $564K | ﹤0.01% |
+12,800
| New | +$510K |
|
3423
CorMedix
CRMD
$591M
| $564K | ﹤0.01% |
130,244
+873
| +0.7% | +$4.43K |
|
3424
Knight Transportation
KNX
$11.3B
| $563K | ﹤0.01% |
11,280
-282,045
| -96% | -$13.8M |
|
3425
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.68B
| $563K | ﹤0.01% |
6,948
+2,390
| +52% | +$190K |
|
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.