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 | |
|---|---|---|---|---|---|---|
901
Federated Hermes
FHI
$4.56B
| $17.1M | 0.02% |
519,612
+50,216
| +11% | +$1.68M |
|
902
PUT
Amphenol
APH
$185B
| $17.1M | 0.02% |
+253,400
| New | +$16M |
|
|
CVSA
903
Covista Inc
CVSA
$4.55B
| $17M | 0.02% |
248,994
+64,500
| +35% | +$3.79M |
|
904
CALL
GE Vernova
GEV
$240B
| $17M | 0.02% |
+98,925
| New | +$15.7M |
|
905
Polaris
PII
$3.83B
| $17M | 0.02% |
216,594
+140,481
| +185% | +$11.9M |
|
906
CALL
Devon Energy
DVN
$51.3B
| $16.9M | 0.02% |
357,200
-450,200
| -56% | -$22.4M |
|
907
Diodes
DIOD
$3.5B
| $16.9M | 0.02% |
235,351
-43,286
| -16% | -$3.1M |
|
908
Procept Biorobotics
PRCT
$1.02B
| $16.9M | 0.02% |
277,080
+89,220
| +47% | +$5.31M |
|
909
CALL
Zillow
Z
$7.78B
| $16.9M | 0.02% |
364,700
-164,000
| -31% | -$7.22M |
|
910
CALL
Ulta Beauty
ULTA
$21.8B
| $16.9M | 0.02% |
43,800
-19,500
| -31% | -$7.93M |
|
911
Dillards
DDS
$9.2B
| $16.9M | 0.02% |
38,363
-22,899
| -37% | -$9.9M |
|
|
ATSG
912
DELISTED
Air Transport Services Group
ATSG
| $16.9M | 0.02% |
1,217,665
-267,828
| -18% | -$3.55M |
|
913
Interactive Brokers
IBKR
$38.4B
| $16.8M | 0.02% |
549,620
+265,800
| +94% | +$7.93M |
|
914
CALL
Synopsys
SNPS
$71.6B
| $16.8M | 0.02% |
28,300
-40,100
| -59% | -$22.7M |
|
915
GameStop
GME
$9.8B
| $16.8M | 0.02% |
681,790
+568,118
| +500% | +$11.3M |
|
916
Magnolia Oil & Gas
MGY
$5.93B
| $16.8M | 0.02% |
664,108
+278,183
| +72% | +$7.1M |
|
917
Illumina
ILMN
$29.5B
| $16.8M | 0.02% |
161,088
-47,150
| -23% | -$5.29M |
|
918
PUT
Caesars Entertainment
CZR
$6.06B
| $16.8M | 0.02% |
422,300
+340,100
| +414% | +$12.8M |
|
919
Gogo Inc
GOGO
$525M
| $16.7M | 0.02% |
1,737,485
-404,586
| -19% | -$3.83M |
|
920
Arch Capital
ACGL
$36.5B
| $16.7M | 0.02% |
165,208
+82,143
| +99% | +$7.99M |
|
|
CTRA
921
DELISTED
Coterra Energy
CTRA
| $16.7M | 0.02% |
624,904
+324,397
| +108% | +$8.99M |
|
922
AMC Entertainment Holdings
AMC
$2.45B
| $16.6M | 0.02% |
3,341,622
-3,962,446
| -54% | -$15.9M |
|
923
MasterBrand
MBC
$1.09B
| $16.6M | 0.02% |
1,132,207
-377,749
| -25% | -$6.26M |
|
924
PUT
NRG Energy
NRG
$26.2B
| $16.6M | 0.02% |
213,200
+83,100
| +64% | +$6.44M |
|
925
Envista
NVST
$4.62B
| $16.6M | 0.02% |
996,271
+160,213
| +19% | +$3.03M |
|
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.