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 | |
|---|---|---|---|---|---|---|
3751
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.34B
| $306K | ﹤0.01% |
6,882
-14,060
| -67% | -$621K |
|
3752
CALL
PagerDuty
PD
$798M
| $305K | ﹤0.01% |
+13,300
| New | +$277K |
|
3753
PUT
Chemours
CC
$2.5B
| $305K | ﹤0.01% |
+13,500
| New | +$354K |
|
|
LOGC
3754
CALL
DELISTED
ContextLogic
LOGC
| $304K | ﹤0.01% |
53,300
| – | – |
|
3755
GrafTech
EAF
$165M
| $303K | ﹤0.01% |
31,277
+18,819
| +151% | +$289K |
|
3756
Novartis
NVS
$297B
| $302K | ﹤0.01% |
+2,836
| New | +$285K |
|
3757
Zai Lab
ZLAB
$2.05B
| $302K | ﹤0.01% |
17,407
+2,348
| +16% | +$41.3K |
|
3758
iShares US Financial Services ETF
IYG
$2.16B
| $301K | ﹤0.01% |
+4,615
| New | +$300K |
|
3759
California Resources
CRC
$4.59B
| $301K | ﹤0.01% |
5,651
-500
| -8% | -$25.5K |
|
3760
Descartes Systems
DSGX
$6.42B
| $300K | ﹤0.01% |
3,100
-39,100
| -93% | -$3.68M |
|
|
CLCO
3761
DELISTED
Cool Company
CLCO
| $300K | ﹤0.01% |
25,450
-8,064
| -24% | -$92.8K |
|
3762
Semtech
SMTC
$11B
| $299K | ﹤0.01% |
10,012
-24,288
| -71% | -$850K |
|
|
SKE
3763
Skeena Resources
SKE
$3.28B
| $299K | ﹤0.01% |
+55,700
| New | +$262K |
|
3764
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$316M
| $299K | ﹤0.01% |
+6,215
| New | +$299K |
|
3765
Mercantile Bank Corp
MBWM
$1.03B
| $298K | ﹤0.01% |
+7,355
| New | +$275K |
|
3766
Great Southern Bancorp
GSBC
$874M
| $298K | ﹤0.01% |
+5,356
| New | +$280K |
|
3767
iShares Cybersecurity and Tech ETF
IHAK
$992M
| $298K | ﹤0.01% |
6,475
-1,031
| -14% | -$46.2K |
|
3768
Beyond Meat
BYND
$298M
| $298K | ﹤0.01% |
44,339
-1,764,711
| -98% | -$12.5M |
|
3769
Orthofix Medical
OFIX
$466M
| $298K | ﹤0.01% |
+22,437
| New | +$307K |
|
3770
John B. Sanfilippo & Son
JBSS
$957M
| $297K | ﹤0.01% |
3,060
| – | – |
|
3771
Tucows
TCX
$166M
| $297K | ﹤0.01% |
+15,377
| New | +$296K |
|
3772
Traeger
COOK
$176M
| $297K | ﹤0.01% |
2,474
-1,046
| -30% | -$121K |
|
|
AY
3773
CALL
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $296K | ﹤0.01% |
13,500
-1,600
| -11% | -$33.5K |
|
3774
Ryanair
RYAAY
$30.5B
| $295K | ﹤0.01% |
+6,338
| New | +$330K |
|
3775
PUT
Innovative Industrial Properties
IIPR
$1.72B
| $295K | ﹤0.01% |
+2,700
| New | +$283K |
|
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.