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 | |
|---|---|---|---|---|---|---|
1476
Spectrum Brands
SPB
$2.03B
| $7.19M | 0.01% |
83,694
-2,038
| -2% | -$177K |
|
1477
Grand Canyon Education
LOPE
$4.22B
| $7.18M | 0.01% |
51,347
-3,082
| -6% | -$425K |
|
1478
Mueller Water Products
MWA
$3.94B
| $7.17M | 0.01% |
+400,219
| New | +$6.88M |
|
1479
CALL
Plug Power
PLUG
$2.65B
| $7.17M | 0.01% |
3,077,400
-1,320,300
| -30% | -$3.78M |
|
1480
Orion
OEC
$403M
| $7.17M | 0.01% |
326,644
+72,110
| +28% | +$1.74M |
|
1481
PUT
Match Group
MTCH
$9.19B
| $7.16M | 0.01% |
235,700
+74,800
| +46% | +$2.36M |
|
1482
Excelerate Energy
EE
$1.19B
| $7.14M | 0.01% |
387,404
+168,806
| +77% | +$2.9M |
|
|
MODV
1483
DELISTED
ModivCare
MODV
| $7.13M | 0.01% |
271,773
+168,520
| +163% | +$4.26M |
|
1484
FirstCash
FCFS
$8.77B
| $7.12M | 0.01% |
67,926
+10,732
| +19% | +$1.27M |
|
1485
PUT
Saia
SAIA
$10.5B
| $7.11M | 0.01% |
15,000
-3,400
| -18% | -$1.58M |
|
|
CCIXU
1486
DELISTED
Churchill Capital Corp IX Unit
CCIXU
| $7.1M | 0.01% |
+700,000
| New | +$7.08M |
|
1487
Advanced Energy
AEIS
$10.1B
| $7.1M | 0.01% |
65,239
-9,616
| -13% | -$984K |
|
1488
CALL
Medtronic
MDT
$112B
| $7.08M | 0.01% |
90,000
-59,800
| -40% | -$4.9M |
|
|
HAPN
1489
Happen Inc
HAPN
$2.14B
| $7.08M | 0.01% |
837,178
+103,348
| +14% | +$884K |
|
1490
CALL
KE Holdings
BEKE
$18.4B
| $7.08M | 0.01% |
500,000
-130,000
| -21% | -$2.04M |
|
1491
PUT
C3.ai
AI
$1.38B
| $7.07M | 0.01% |
+244,300
| New | +$6.28M |
|
1492
iShares S&P Small-Cap 600 Value ETF
IJS
$8.12B
| $7.06M | 0.01% |
72,538
+43,020
| +146% | +$4.23M |
|
1493
Vanguard Extended Market ETF
VXF
$30B
| $7.05M | 0.01% |
+41,775
| New | +$7.05M |
|
1494
Assured Guaranty
AGO
$3.73B
| $7.05M | 0.01% |
91,387
-5,120
| -5% | -$400K |
|
1495
CALL
Live Nation Entertainment
LYV
$42.9B
| $7.03M | 0.01% |
75,000
| – | – |
|
1496
CALL
Clorox
CLX
$12B
| $7.03M | 0.01% |
51,500
-20,000
| -28% | -$2.78M |
|
1497
Celsius Holdings
CELH
$7.38B
| $7.02M | 0.01% |
122,942
-1,470,080
| -92% | -$111M |
|
|
BAND
1498
Bandwidth Inc
BAND
$1.19B
| $7.01M | 0.01% |
415,396
-100,299
| -19% | -$1.89M |
|
1499
Gentherm
THRM
$1.32B
| $7M | 0.01% |
142,024
+40,910
| +40% | +$2.11M |
|
|
SCHW
1500
Charles Schwab
SCHW
$182B
| $7M | 0.01% |
95,023
+82,678
| +670% | +$6.11M |
|
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.