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 | |
|---|---|---|---|---|---|---|
3726
Ceco Environmental
CECO
$3.91B
| $321K | ﹤0.01% |
+11,139
| New | +$270K |
|
3727
Kratos Defense & Security Solutions
KTOS
$8.56B
| $321K | ﹤0.01% |
+16,042
| New | +$314K |
|
|
TGNA
3728
DELISTED
TEGNA Inc
TGNA
| $320K | ﹤0.01% |
+22,920
| New | +$323K |
|
3729
CALL
Frontline
FRO
$8.77B
| $319K | ﹤0.01% |
12,400
-105,000
| -89% | -$2.67M |
|
|
FYBR
3730
PUT
DELISTED
Frontier Communications
FYBR
| $319K | ﹤0.01% |
12,200
-45,300
| -79% | -$1.13M |
|
3731
iShares MSCI Switzerland ETF
EWL
$2.18B
| $318K | ﹤0.01% |
6,599
-917
| -12% | -$43.7K |
|
3732
First Busey Corp
BUSE
$2.56B
| $318K | ﹤0.01% |
+13,122
| New | +$300K |
|
3733
DT Midstream
DTM
$14B
| $317K | ﹤0.01% |
4,469
-2,964
| -40% | -$195K |
|
3734
iShares Morningstar Mid-Cap Growth ETF
IMCG
$3.91B
| $316K | ﹤0.01% |
+4,667
| New | +$317K |
|
3735
CALL
Envista
NVST
$4.38B
| $316K | ﹤0.01% |
+19,000
| New | +$359K |
|
3736
Forestar Group
FOR
$1.44B
| $316K | ﹤0.01% |
9,864
-10,976
| -53% | -$371K |
|
3737
CALL
Regeneron Pharmaceuticals
REGN
$75.9B
| $315K | ﹤0.01% |
+300
| New | +$291K |
|
3738
CALL
Veralto
VLTO
$22.9B
| $315K | ﹤0.01% |
3,300
| – | – |
|
3739
PUT
AMN Healthcare
AMN
$1.3B
| $313K | ﹤0.01% |
+6,100
| New | +$346K |
|
3740
Chewy
CHWY
$9.09B
| $312K | ﹤0.01% |
11,458
-630,356
| -98% | -$12M |
|
3741
Vanguard FTSE Europe ETF
VGK
$30.6B
| $312K | ﹤0.01% |
+4,674
| New | +$317K |
|
3742
Titan Machinery
TITN
$398M
| $311K | ﹤0.01% |
19,557
+5,015
| +34% | +$105K |
|
3743
McCormick & Company Non-Voting
MKC
$13.7B
| $310K | ﹤0.01% |
4,368
-40,922
| -90% | -$2.98M |
|
3744
Nexstar Media Group
NXST
$5.8B
| $309K | ﹤0.01% |
1,863
-94
| -5% | -$15.3K |
|
|
FM
3745
DELISTED
iShares Frontier and Select EM ETF
FM
| $309K | ﹤0.01% |
11,252
-1,536
| -12% | -$42.9K |
|
3746
Fortrea Holdings
FTRE
$1.77B
| $308K | ﹤0.01% |
13,200
-81,249
| -86% | -$2.52M |
|
3747
PUT
Paysafe
PSFE
$415M
| $308K | ﹤0.01% |
17,400
| – | – |
|
3748
iShares US Utilities ETF
IDU
$1.36B
| $306K | ﹤0.01% |
+3,487
| New | +$306K |
|
3749
Ternium
TX
$9.63B
| $306K | ﹤0.01% |
+8,160
| New | +$337K |
|
3750
iShares Future Exponential Technologies ETF
XT
$3.79B
| $306K | ﹤0.01% |
5,201
+1,201
| +30% | +$69.8K |
|
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.