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 | |
|---|---|---|---|---|---|---|
1051
Oil States International
OIS
$466M
| $13.5M | 0.01% |
3,046,269
+2,283,997
| +300% | +$11M |
|
1052
Heron Therapeutics
HRTX
$93.4M
| $13.5M | 0.01% |
3,863,375
+1,168,329
| +43% | +$3.59M |
|
1053
CALL
Baidu
BIDU
$35.7B
| $13.5M | 0.01% |
156,300
-150,000
| -49% | -$15.1M |
|
1054
Albemarle
ALB
$13.4B
| $13.5M | 0.01% |
140,949
-26,790
| -16% | -$3.19M |
|
1055
Brookdale Senior Living
BKD
$3.55B
| $13.5M | 0.01% |
1,970,752
-41,114
| -2% | -$278K |
|
1056
AppFolio
APPF
$6.62B
| $13.4M | 0.01% |
54,907
-13,177
| -19% | -$3.07M |
|
1057
Vera Therapeutics
VERA
$2.33B
| $13.4M | 0.01% |
370,685
-230,351
| -38% | -$9.14M |
|
|
WKME
1058
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $13.4M | 0.01% |
959,905
+894,211
| +1,361% | +$8.74M |
|
1059
PUT
FMC
FMC
$1.25B
| $13.4M | 0.01% |
232,700
-13,800
| -6% | -$825K |
|
1060
PNC Financial Services
PNC
$99.1B
| $13.4M | 0.01% |
86,124
-88,219
| -51% | -$13.7M |
|
1061
United Therapeutics
UTHR
$26.1B
| $13.4M | 0.01% |
42,021
-211
| -0.5% | -$55.8K |
|
1062
Fate Therapeutics
FATE
$275M
| $13.4M | 0.01% |
4,077,922
+1,346,956
| +49% | +$5.9M |
|
1063
Teradata
TDC
$2.88B
| $13.4M | 0.01% |
386,502
-101,470
| -21% | -$3.54M |
|
1064
Bankunited
BKU
$3.33B
| $13.3M | 0.01% |
455,618
-9,815
| -2% | -$273K |
|
1065
PUT
Take-Two Interactive
TTWO
$46.1B
| $13.3M | 0.01% |
85,400
-26,600
| -24% | -$4.03M |
|
1066
Ingersoll Rand
IR
$33.1B
| $13.3M | 0.01% |
145,966
-140,331
| -49% | -$12.9M |
|
1067
Golar LNG
GLNG
$4.82B
| $13.2M | 0.01% |
421,951
-264,422
| -39% | -$6.99M |
|
1068
Valero Energy
VLO
$89.5B
| $13.2M | 0.01% |
84,036
-35,333
| -30% | -$5.7M |
|
1069
Plexus
PLXS
$6.43B
| $13.2M | 0.01% |
127,622
+21,354
| +20% | +$2.2M |
|
1070
CALL
TransDigm Group
TDG
$70.7B
| $13.2M | 0.01% |
10,300
+3,700
| +56% | +$4.74M |
|
1071
Encore Capital Group
ECPG
$2.01B
| $13.2M | 0.01% |
315,226
+28,598
| +10% | +$1.23M |
|
1072
Warrior Met Coal
HCC
$4.17B
| $13.2M | 0.01% |
209,517
+9,157
| +5% | +$593K |
|
1073
Kornit Digital
KRNT
$677M
| $13.1M | 0.01% |
897,662
+18,327
| +2% | +$283K |
|
1074
Acushnet Holdings
GOLF
$6B
| $13.1M | 0.01% |
206,652
-1,630
| -0.8% | -$104K |
|
1075
Donnelley Financial Solutions
DFIN
$1.28B
| $13.1M | 0.01% |
219,531
+66,051
| +43% | +$4.03M |
|
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.