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 |
Apple
AAPL
|
+$820M |
| 2 |
Visa
V
|
+$667M |
| 3 |
HES
Hess
HES
|
+$515M |
| 4 |
Mastercard
MA
|
+$425M |
| 5 |
Oracle
ORCL
|
+$382M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.03B |
| 2 |
Advanced Micro Devices
AMD
|
+$949M |
| 3 |
Citigroup
C
|
+$419M |
| 4 |
ExxonMobil
XOM
|
+$391M |
| 5 |
Booking.com
BKNG
|
+$349M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.36% |
| 2 | Consumer Discretionary | 9.47% |
| 3 | Financials | 6.95% |
| 4 | Healthcare | 6.38% |
| 5 | Communication Services | 4.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
CALL
Vistra
VST
$50B
| $19.6M | 0.02% |
281,800
+186,000
| +194% | +$9.2M |
|
852
Cooper Companies
COO
$14.1B
| $19.6M | 0.02% |
192,957
+167,169
| +648% | +$16.2M |
|
853
Global Payments
GPN
$23B
| $19.6M | 0.02% |
+146,371
| New | +$19.4M |
|
854
PUT
Bank of Montreal
BMO
$126B
| $19.5M | 0.02% |
200,000
-135,700
| -40% | -$12.8M |
|
855
CALL
Sea Limited
SE
$65.4B
| $19.5M | 0.02% |
362,200
-306,900
| -46% | -$14.1M |
|
856
Boston Beer
SAM
$1.91B
| $19.4M | 0.02% |
63,733
+41,842
| +191% | +$14M |
|
857
LyondellBasell Industries
LYB
$20B
| $19.4M | 0.02% |
189,688
+133,426
| +237% | +$13M |
|
858
PUT
Archer Daniels Midland
ADM
$38.2B
| $19.4M | 0.02% |
308,500
+296,600
| +2,492% | +$17.4M |
|
859
CALL
Phillips 66
PSX
$84.9B
| $19.3M | 0.02% |
118,100
+39,400
| +50% | +$5.68M |
|
860
CALL
TJX Companies
TJX
$174B
| $19.2M | 0.02% |
189,500
+110,000
| +138% | +$10.7M |
|
861
Nucor
NUE
$58.6B
| $19.2M | 0.02% |
96,875
-141,247
| -59% | -$25.8M |
|
|
CIM
862
Chimera Investment
CIM
$1.04B
| $19.2M | 0.02% |
1,385,365
+1,257,103
| +980% | +$17.5M |
|
863
Western Union
WU
$1.98B
| $19.1M | 0.02% |
1,367,580
-1,225,696
| -47% | -$15.8M |
|
864
Flywire
FLYW
$1.98B
| $19.1M | 0.02% |
769,250
-402,980
| -34% | -$9.41M |
|
865
Sibanye-Stillwater
SBSW
$6.26B
| $18.9M | 0.02% |
4,022,415
+2,448,827
| +156% | +$11.3M |
|
866
Flex
FLEX
$41.7B
| $18.9M | 0.02% |
660,399
-4,918,704
| -88% | -$129M |
|
867
Teradata
TDC
$2.92B
| $18.9M | 0.02% |
487,972
-139,877
| -22% | -$5.9M |
|
868
PUT
Deckers Outdoor
DECK
$13.2B
| $18.8M | 0.02% |
120,000
| – | – |
|
869
Gogo Inc
GOGO
$565M
| $18.8M | 0.02% |
2,142,071
-381,167
| -15% | -$3.43M |
|
|
DOCU
870
PUT
DocuSign
DOCU
$10.5B
| $18.8M | 0.02% |
315,500
-339,700
| -52% | -$19.2M |
|
871
Texas Pacific Land
TPL
$27.8B
| $18.7M | 0.02% |
96,942
-13,200
| -12% | -$2.27M |
|
|
KLG
872
DELISTED
WK Kellogg Co
KLG
| $18.6M | 0.02% |
991,776
+252,679
| +34% | +$3.67M |
|
|
BKDT
873
DELISTED
Brookdale Senior Living Inc. 7.00% Tangible Equity Units
BKDT
| $18.6M | 0.02% |
205,101
+101
| +0% | +$8.24K |
|
874
Performance Food Group
PFGC
$18B
| $18.6M | 0.02% |
249,494
-8,442
| -3% | -$621K |
|
875
PUT
Expedia Group
EXPE
$35.4B
| $18.5M | 0.02% |
134,200
-67,900
| -34% | -$9.65M |
|
Similar funds
D.E. Shaw & Co's Q1 2024 Portfolio in Review
As of Q1 2024, D.E. Shaw & Co held 4,923 positions worth $117B, up 2.1% from $114B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co withdrew a net $8.58B in Q1 2024, closing 634 positions and reducing 1,722 holdings. Its most notable exit was iShares JPMorgan USD Emerging Markets Bond ETF, an estimated $307M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in Arm worth $297M.
- D.E. Shaw & Co's largest Q1 2024 buy was Arm: 2,379,839 shares worth $297M.
- D.E. Shaw & Co added most to Apple in Q1 2024, an estimated $820M increase.
- D.E. Shaw & Co's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $1.03B.
- D.E. Shaw & Co fully exited iShares JPMorgan USD Emerging Markets Bond ETF in Q1 2024, selling an estimated $307M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $117B portfolio in Q1 2024.
- D.E. Shaw & Co opened 655 new positions and closed 634 in Q1 2024.
- D.E. Shaw & Co's portfolio value rose 2.1% quarter-over-quarter to $117B.
Based on D.E. Shaw & Co's 13F filing for Q1 2024, filed 15 May 2024.