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 | |
|---|---|---|---|---|---|---|
926
Franco-Nevada
FNV
$41.3B
| $16.5M | 0.02% |
139,589
+115,522
| +480% | +$14M |
|
927
RxSight
RXST
$254M
| $16.5M | 0.02% |
274,838
-68,142
| -20% | -$3.89M |
|
928
PUT
KLA
KLAC
$222B
| $16.5M | 0.02% |
200,000
-200,000
| -50% | -$14.8M |
|
929
Rogers Corp
ROG
$2.08B
| $16.5M | 0.02% |
136,589
+75,917
| +125% | +$8.9M |
|
930
Atmos Energy
ATO
$29.7B
| $16.4M | 0.02% |
140,468
+699
| +0.5% | +$81.5K |
|
931
CALL
Nutrien
NTR
$33.9B
| $16.4M | 0.02% |
321,500
+90,000
| +39% | +$4.93M |
|
932
CALL
Amphenol
APH
$185B
| $16.4M | 0.02% |
+242,900
| New | +$15.3M |
|
933
F5
FFIV
$22B
| $16.4M | 0.02% |
94,994
+29,068
| +44% | +$5.08M |
|
934
Lemonade
LMND
$3.64B
| $16.3M | 0.02% |
989,584
+486,789
| +97% | +$8.12M |
|
935
Intuitive Surgical
ISRG
$127B
| $16.3M | 0.02% |
36,685
-370,398
| -91% | -$148M |
|
936
PUT
Coca-Cola
KO
$383B
| $16.2M | 0.02% |
254,800
-452,800
| -64% | -$28M |
|
937
Ezcorp Inc
EZPW
$1.79B
| $16.2M | 0.02% |
1,545,784
+140,095
| +10% | +$1.48M |
|
938
Arthur J. Gallagher & Co
AJG
$69.1B
| $16.2M | 0.02% |
62,358
+50,671
| +434% | +$12.6M |
|
|
KDK
939
Kodiak AI
KDK
$776M
| $16.1M | 0.02% |
1,513,500
+100,000
| +7% | +$1.06M |
|
940
Canadian National Railway
CNI
$78.5B
| $16.1M | 0.02% |
136,615
+122,115
| +842% | +$15.3M |
|
941
PUT
American Express
AXP
$224B
| $16.1M | 0.02% |
69,600
-133,900
| -66% | -$31M |
|
942
Coca-Cola Consolidated
COKE
$12.8B
| $16.1M | 0.02% |
148,490
-7,190
| -5% | -$665K |
|
943
Granite Construction
GVA
$5.16B
| $16.1M | 0.02% |
259,830
+87,079
| +50% | +$5.16M |
|
|
PARA
944
CALL
DELISTED
Paramount Global Class B
PARA
| $16.1M | 0.02% |
1,546,900
+926,200
| +149% | +$10.8M |
|
945
Regions Financial
RF
$26.4B
| $16M | 0.02% |
800,892
+558,524
| +230% | +$10.8M |
|
946
Sun Life Financial
SLF
$45.6B
| $16M | 0.02% |
+327,059
| New | +$16.6M |
|
947
Methode Electronics
MEI
$458M
| $16M | 0.02% |
1,548,283
+931,111
| +151% | +$10.7M |
|
|
948
PUT
Intuitive Surgical
ISRG
$127B
| $16M | 0.01% |
35,900
+15,900
| +80% | +$6.33M |
|
949
PUT
Sunrun
RUN
$2.26B
| $16M | 0.01% |
1,345,700
+65,600
| +5% | +$803K |
|
950
CALL
Diamondback Energy
FANG
$56B
| $16M | 0.01% |
79,700
+37,700
| +90% | +$7.48M |
|
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.