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 | |
|---|---|---|---|---|---|---|
|
TBCH
1451
Turtle Beach Corp
TBCH
$238M
| $7.38M | 0.01% |
514,500
-77,111
| -13% | -$1.2M |
|
1452
PUT
Visa
V
$677B
| $7.38M | 0.01% |
28,100
-98,000
| -78% | -$26.9M |
|
1453
Schwab U.S Small- Cap ETF
SCHA
$21.8B
| $7.37M | 0.01% |
310,698
+290,444
| +1,434% | +$6.88M |
|
1454
Medifast
MED
$107M
| $7.37M | 0.01% |
337,808
+245,923
| +268% | +$6.56M |
|
1455
Asbury Automotive
ABG
$4.62B
| $7.36M | 0.01% |
32,314
+456
| +1% | +$103K |
|
1456
Strategic Education
STRA
$1.98B
| $7.36M | 0.01% |
+66,476
| New | +$7.36M |
|
1457
iShares Russell 1000 Value ETF
IWD
$81.4B
| $7.35M | 0.01% |
+42,110
| New | +$7.36M |
|
1458
Primoris Services
PRIM
$4.06B
| $7.34M | 0.01% |
147,209
+116,431
| +378% | +$5.76M |
|
1459
Unisys
UIS
$252M
| $7.34M | 0.01% |
1,778,224
-58,935
| -3% | -$289K |
|
1460
ESCO Technologies
ESE
$7.77B
| $7.33M | 0.01% |
69,824
+36,152
| +107% | +$3.81M |
|
1461
BWX Technologies
BWXT
$14.4B
| $7.33M | 0.01% |
77,193
-131,563
| -63% | -$12.2M |
|
1462
Tarsus Pharmaceuticals
TARS
$2.55B
| $7.33M | 0.01% |
269,793
+73,281
| +37% | +$2.46M |
|
1463
CALL
Burlington
BURL
$23.4B
| $7.3M | 0.01% |
30,400
-12,600
| -29% | -$2.59M |
|
1464
Zumiez
ZUMZ
$330M
| $7.29M | 0.01% |
374,381
+37,957
| +11% | +$658K |
|
1465
The Ensign Group
ENSG
$10.6B
| $7.29M | 0.01% |
58,932
-10,255
| -15% | -$1.22M |
|
1466
ATN International
ATNI
$365M
| $7.29M | 0.01% |
319,617
+229,989
| +257% | +$5.6M |
|
1467
JELD-WEN Holding
JELD
$110M
| $7.28M | 0.01% |
540,798
+81,628
| +18% | +$1.36M |
|
1468
PUT
Cenovus Energy
CVE
$54.2B
| $7.27M | 0.01% |
370,000
-300,000
| -45% | -$6.07M |
|
|
B
1469
DELISTED
Barnes Group Inc.
B
| $7.27M | 0.01% |
175,531
+18,273
| +12% | +$690K |
|
1470
SM Energy
SM
$7.6B
| $7.27M | 0.01% |
168,099
-179,845
| -52% | -$8.83M |
|
1471
La-Z-Boy
LZB
$1.64B
| $7.26M | 0.01% |
+194,615
| New | +$6.87M |
|
|
GLDD
1472
DELISTED
Great Lakes Dredge & Dock
GLDD
| $7.24M | 0.01% |
824,091
-6,476
| -0.8% | -$55.1K |
|
|
SAVE
1473
DELISTED
Spirit Airlines, Inc.
SAVE
| $7.23M | 0.01% |
1,976,304
+38,712
| +2% | +$150K |
|
1474
Southern Copper
SCCO
$138B
| $7.22M | 0.01% |
71,616
+59,572
| +495% | +$6.34M |
|
1475
OneMain Financial
OMF
$7.27B
| $7.21M | 0.01% |
148,680
-33,076
| -18% | -$1.63M |
|
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.