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 | |
|---|---|---|---|---|---|---|
1001
TransAlta
TAC
$3.93B
| $14.7M | 0.01% |
2,067,678
+617,800
| +43% | +$4.23M |
|
1002
Amkor Technology
AMKR
$10.6B
| $14.7M | 0.01% |
+366,157
| New | +$12.1M |
|
1003
Helen of Troy
HELE
$656M
| $14.7M | 0.01% |
157,970
+11,909
| +8% | +$1.21M |
|
1004
Solventum
SOLV
$15.3B
| $14.6M | 0.01% |
+276,922
| New | +$16.8M |
|
1005
Lear
LEA
$7.39B
| $14.6M | 0.01% |
128,101
+115,176
| +891% | +$14.7M |
|
1006
Cenovus Energy
CVE
$54.2B
| $14.6M | 0.01% |
743,954
-715,398
| -49% | -$14.5M |
|
1007
Extreme Networks
EXTR
$3.8B
| $14.6M | 0.01% |
1,086,949
+42,692
| +4% | +$490K |
|
1008
Progress Software
PRGS
$1.75B
| $14.6M | 0.01% |
268,609
+65,356
| +32% | +$3.32M |
|
1009
Ovintiv
OVV
$17B
| $14.5M | 0.01% |
309,841
+51,910
| +20% | +$2.61M |
|
1010
PUT
Five Below
FIVE
$11.6B
| $14.5M | 0.01% |
133,100
+120,900
| +991% | +$16.7M |
|
1011
Healthcare Services Group
HCSG
$1.61B
| $14.5M | 0.01% |
1,370,034
+276,321
| +25% | +$3.07M |
|
1012
Coherent
COHR
$43.4B
| $14.5M | 0.01% |
199,922
-230,525
| -54% | -$13.9M |
|
1013
Labcorp
LH
$25.2B
| $14.5M | 0.01% |
71,080
+17,842
| +34% | +$3.63M |
|
1014
Honeywell
HON
$76.4B
| $14.5M | 0.01% |
71,863
-1,788
| -2% | -$340K |
|
1015
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $14.4M | 0.01% |
+26,819
| New | +$14.4M |
|
|
AMK
1016
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $14.3M | 0.01% |
+414,658
| New | +$14.3M |
|
1017
Globant
GLOB
$1.65B
| $14.3M | 0.01% |
80,288
-442,102
| -85% | -$77.9M |
|
1018
Synaptics
SYNA
$4.05B
| $14.3M | 0.01% |
161,920
+23,287
| +17% | +$2.11M |
|
1019
Roku
ROKU
$21.6B
| $14.3M | 0.01% |
238,163
-193,286
| -45% | -$11.3M |
|
1020
Lincoln Electric
LECO
$14.1B
| $14.2M | 0.01% |
75,452
+72,432
| +2,398% | +$15.7M |
|
1021
CALL
Enbridge
ENB
$120B
| $14.2M | 0.01% |
400,000
-628,600
| -61% | -$22.5M |
|
1022
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.75B
| $14.2M | 0.01% |
326,671
+66,478
| +26% | +$3.06M |
|
1023
Cirrus Logic
CRUS
$6.76B
| $14.2M | 0.01% |
111,268
-85,076
| -43% | -$8.92M |
|
1024
Ashland
ASH
$3.34B
| $14.2M | 0.01% |
149,785
-90,260
| -38% | -$8.77M |
|
1025
PUT
argenx
ARGX
$55.2B
| $14.1M | 0.01% |
32,900
| – | – |
|
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.