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 | |
|---|---|---|---|---|---|---|
1576
PUT
Applovin
APP
$134B
| $6.27M | 0.01% |
75,400
+40,200
| +114% | +$3.12M |
|
1577
CALL
Avis
CAR
$5.47B
| $6.27M | 0.01% |
60,000
| – | – |
|
1578
Freshworks
FRSH
$3.21B
| $6.27M | 0.01% |
494,132
-130,002
| -21% | -$1.94M |
|
1579
CALL
Wingstop
WING
$3.8B
| $6.26M | 0.01% |
14,800
-9,400
| -39% | -$3.61M |
|
1580
Ambev
ABEV
$47.9B
| $6.25M | 0.01% |
3,048,742
+2,319,635
| +318% | +$5.28M |
|
1581
Guidewire Software
GWRE
$13.9B
| $6.24M | 0.01% |
45,241
+43,318
| +2,253% | +$5.21M |
|
1582
Hecla Mining
HL
$9.49B
| $6.24M | 0.01% |
1,286,212
+208,151
| +19% | +$1.11M |
|
1583
Fortis
FTS
$29.3B
| $6.23M | 0.01% |
160,367
+74,371
| +86% | +$2.93M |
|
1584
Fastly Inc
FSLY
$3.24B
| $6.23M | 0.01% |
845,204
+669,393
| +381% | +$6.55M |
|
1585
CALL
Li Auto
LI
$14.4B
| $6.22M | 0.01% |
+347,900
| New | +$8.39M |
|
1586
Post Holdings
POST
$4.42B
| $6.22M | 0.01% |
59,699
-35,026
| -37% | -$3.65M |
|
|
EB
1587
DELISTED
Eventbrite
EB
| $6.21M | 0.01% |
1,283,884
+39,040
| +3% | +$204K |
|
1588
Trupanion
TRUP
$1.13B
| $6.2M | 0.01% |
210,916
+128,573
| +156% | +$3.41M |
|
1589
NETGEAR
NTGR
$612M
| $6.2M | 0.01% |
405,140
-66,990
| -14% | -$937K |
|
1590
Malibu Boats
MBUU
$548M
| $6.2M | 0.01% |
176,858
+79,419
| +82% | +$2.9M |
|
1591
PUT
Canadian Solar
CSIQ
$932M
| $6.2M | 0.01% |
420,100
+57,000
| +16% | +$964K |
|
1592
PRA Group
PRAA
$672M
| $6.2M | 0.01% |
315,136
-62,437
| -17% | -$1.44M |
|
|
GDEN
1593
DELISTED
Golden Entertainment
GDEN
| $6.19M | 0.01% |
199,117
+186,500
| +1,478% | +$5.93M |
|
1594
Tenet Healthcare
THC
$22.2B
| $6.19M | 0.01% |
46,528
-10,686
| -19% | -$1.29M |
|
1595
Galicia Financial Group
GGAL
$7.89B
| $6.17M | 0.01% |
201,910
-412,933
| -67% | -$13.3M |
|
1596
Kinsale Capital Group
KNSL
$8.58B
| $6.15M | 0.01% |
15,968
-55,924
| -78% | -$22.7M |
|
1597
Vipshop
VIPS
$7.26B
| $6.11M | 0.01% |
469,235
+270,221
| +136% | +$4.3M |
|
1598
Telus
TU
$17.4B
| $6.1M | 0.01% |
403,080
+201,294
| +100% | +$3.24M |
|
1599
BOK Financial
BOKF
$8.58B
| $6.1M | 0.01% |
66,544
+7,060
| +12% | +$638K |
|
1600
Cognex
CGNX
$9.62B
| $6.09M | 0.01% |
130,326
-835,614
| -87% | -$36.7M |
|
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.