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 | |
|---|---|---|---|---|---|---|
1076
Embecta
EMBC
$218M
| $13M | 0.01% |
1,042,843
+202,363
| +24% | +$2.46M |
|
|
FARO
1077
DELISTED
Faro Technologies
FARO
| $13M | 0.01% |
813,166
+54,594
| +7% | +$1.01M |
|
1078
LyondellBasell Industries
LYB
$19.5B
| $12.9M | 0.01% |
135,098
-54,590
| -29% | -$5.42M |
|
1079
PUT
US Bancorp
USB
$97.9B
| $12.9M | 0.01% |
325,500
-336,000
| -51% | -$13.7M |
|
1080
Aspen Aerogels
ASPN
$339M
| $12.9M | 0.01% |
+541,505
| New | +$12.7M |
|
1081
Cincinnati Financial
CINF
$27.8B
| $12.9M | 0.01% |
109,250
-5,246
| -5% | -$615K |
|
1082
Louisiana-Pacific
LPX
$5.14B
| $12.9M | 0.01% |
156,413
+99,932
| +177% | +$8.35M |
|
1083
CALL
Capital One
COF
$128B
| $12.9M | 0.01% |
93,000
-82,300
| -47% | -$11.5M |
|
1084
PUT
Advance Auto Parts
AAP
$3.53B
| $12.9M | 0.01% |
203,000
-84,200
| -29% | -$6.03M |
|
1085
Dentsply Sirona
XRAY
$2.84B
| $12.8M | 0.01% |
513,822
-813,227
| -61% | -$23.3M |
|
1086
Vistra
VST
$48.2B
| $12.8M | 0.01% |
148,776
-22,513
| -13% | -$1.88M |
|
1087
Cognizant
CTSH
$26.5B
| $12.8M | 0.01% |
187,623
+137,551
| +275% | +$9.33M |
|
1088
PUT
Jabil
JBL
$30.1B
| $12.7M | 0.01% |
116,800
-200
| -0.2% | -$24.2K |
|
1089
Exelixis
EXEL
$13.9B
| $12.7M | 0.01% |
564,070
+34,577
| +7% | +$767K |
|
|
WBA
1090
DELISTED
Walgreens Boots Alliance
WBA
| $12.7M | 0.01% |
1,047,553
+664,079
| +173% | +$11.3M |
|
1091
SoFi Technologies
SOFI
$19.6B
| $12.7M | 0.01% |
1,914,223
+1,540,312
| +412% | +$10.9M |
|
1092
Idexx Laboratories
IDXX
$44.9B
| $12.6M | 0.01% |
25,906
-89,766
| -78% | -$45.1M |
|
1093
Travere Therapeutics
TVTX
$5.17B
| $12.6M | 0.01% |
1,533,072
-311,591
| -17% | -$2.1M |
|
1094
Invesco Senior Loan ETF
BKLN
$6.96B
| $12.6M | 0.01% |
598,500
+468,900
| +362% | +$9.9M |
|
1095
PUT
Valero Energy
VLO
$89.5B
| $12.6M | 0.01% |
80,300
-9,400
| -10% | -$1.52M |
|
1096
Analog Devices
ADI
$172B
| $12.6M | 0.01% |
55,110
-535,978
| -91% | -$114M |
|
1097
CALL
Madrigal Pharmaceuticals
MDGL
$12.6B
| $12.6M | 0.01% |
44,900
-7,900
| -15% | -$1.88M |
|
1098
PUT
VF Corp
VFC
$5.92B
| $12.5M | 0.01% |
927,700
+284,100
| +44% | +$3.73M |
|
1099
Webster Financial
WBS
$12.3B
| $12.5M | 0.01% |
286,257
+213,073
| +291% | +$9.49M |
|
|
CNH
1100
CNH Industrial
CNH
$13.3B
| $12.5M | 0.01% |
1,231,766
-1,675,575
| -58% | -$19M |
|
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.