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 | |
|---|---|---|---|---|---|---|
3951
CALL
GrafTech
EAF
$169M
| $194K | ﹤0.01% |
20,000
| – | – |
|
|
LAND
3952
Gladstone Land Corp
LAND
$357M
| $192K | ﹤0.01% |
13,991
-4,143
| -23% | -$54.5K |
|
3953
Zegna
ZGN
$3.98B
| $191K | ﹤0.01% |
16,128
-59,492
| -79% | -$732K |
|
|
TBCH
3954
PUT
Turtle Beach Corp
TBCH
$243M
| $191K | ﹤0.01% |
13,300
| – | – |
|
3955
PUT
Chegg
CHGG
$118M
| $190K | ﹤0.01% |
60,000
| – | – |
|
3956
Liberty Latin America Class C
LILAK
$1.61B
| $190K | ﹤0.01% |
21,670
-212,918
| -91% | -$1.59M |
|
|
ORLA
3957
Orla Mining
ORLA
$3.54B
| $189K | ﹤0.01% |
+49,300
| New | +$198K |
|
3958
Algoma Steel
ASTL
$404M
| $187K | ﹤0.01% |
26,946
-14,346
| -35% | -$111K |
|
3959
Baytex Energy
BTE
$3.04B
| $186K | ﹤0.01% |
53,600
-1,281,719
| -96% | -$4.59M |
|
3960
PUT
AdaptHealth
AHCO
$1.45B
| $184K | ﹤0.01% |
+18,400
| New | +$187K |
|
3961
Flywire
FLYW
$2.01B
| $184K | ﹤0.01% |
11,213
-758,037
| -99% | -$14.3M |
|
|
TERN
3962
DELISTED
Terns Pharmaceuticals
TERN
| $184K | ﹤0.01% |
26,965
+9,175
| +52% | +$55.6K |
|
3963
CALL
Iovance Biotherapeutics
IOVA
$2.09B
| $183K | ﹤0.01% |
22,800
-46,600
| -67% | -$499K |
|
3964
UroGen Pharma
URGN
$2B
| $182K | ﹤0.01% |
+10,843
| New | +$154K |
|
3965
PUT
Bally's
BALY
$700M
| $181K | ﹤0.01% |
15,100
-70,000
| -82% | -$895K |
|
3966
PUT
Bilibili
BILI
$7.83B
| $179K | ﹤0.01% |
11,600
-633,000
| -98% | -$8.82M |
|
3967
Rocket Lab Corp
RKLB
$40.4B
| $179K | ﹤0.01% |
37,234
-749,890
| -95% | -$3.13M |
|
|
RC
3968
Ready Capital
RC
$261M
| $179K | ﹤0.01% |
+21,835
| New | +$186K |
|
|
VSXY
3969
CALL
Victoria's Secret
VSXY
$7.01B
| $177K | ﹤0.01% |
+10,000
| New | +$190K |
|
3970
PUT
Archer Aviation
ACHR
$3.62B
| $176K | ﹤0.01% |
50,000
| – | – |
|
|
RCM
3971
DELISTED
R1 RCM Inc. Common Stock
RCM
| $175K | ﹤0.01% |
+13,967
| New | +$174K |
|
3972
Shoals Technologies Group
SHLS
$1.49B
| $175K | ﹤0.01% |
28,108
-332,635
| -92% | -$2.65M |
|
3973
Ooma
OOMA
$589M
| $175K | ﹤0.01% |
17,590
+1,757
| +11% | +$14K |
|
3974
CALL
Target Hospitality
TH
$1.44B
| $174K | ﹤0.01% |
20,000
| – | – |
|
3975
PUT
Hallador Energy
HNRG
$689M
| $174K | ﹤0.01% |
+22,400
| New | +$140K |
|
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.