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 | |
|---|---|---|---|---|---|---|
|
OPTN
1701
DELISTED
OptiNose
OPTN
| $5.2M | ﹤0.01% |
+333,333
| New | +$5.58M |
|
1702
Tower Semiconductor
TSEM
$25.7B
| $5.19M | ﹤0.01% |
132,051
-80,720
| -38% | -$2.87M |
|
1703
PUT
Dominion Energy
D
$61.1B
| $5.18M | ﹤0.01% |
105,700
-190,100
| -64% | -$9.69M |
|
1704
AdaptHealth
AHCO
$1.45B
| $5.18M | ﹤0.01% |
517,816
+13,384
| +3% | +$136K |
|
1705
OSI Systems
OSIS
$3.66B
| $5.18M | ﹤0.01% |
37,634
+9,663
| +35% | +$1.33M |
|
|
ILPT
1706
Industrial Logistics Properties Trust
ILPT
$571M
| $5.17M | ﹤0.01% |
1,405,808
+233,357
| +20% | +$902K |
|
1707
Atkore
ATKR
$2.47B
| $5.17M | ﹤0.01% |
38,327
-947
| -2% | -$151K |
|
1708
MGP Ingredients
MGPI
$385M
| $5.17M | ﹤0.01% |
69,506
+4,158
| +6% | +$324K |
|
1709
Global Ship Lease
GSL
$1.6B
| $5.17M | ﹤0.01% |
+179,607
| New | +$4.56M |
|
1710
CALL
Air Products & Chemicals
APD
$65.3B
| $5.16M | ﹤0.01% |
20,000
| – | – |
|
1711
CALL
Credit Acceptance
CACC
$5.9B
| $5.15M | ﹤0.01% |
10,000
-2,500
| -20% | -$1.27M |
|
|
TGB
1712
Trekor Metals
TGB
$2.52B
| $5.14M | ﹤0.01% |
2,099,716
+1,327,521
| +172% | +$3.37M |
|
1713
PUT
Burlington
BURL
$23.3B
| $5.14M | ﹤0.01% |
21,400
+1,400
| +7% | +$288K |
|
|
OSG
1714
DELISTED
Overseas Shipholding Group Inc.
OSG
| $5.12M | ﹤0.01% |
604,211
+41,579
| +7% | +$301K |
|
1715
Five Below
FIVE
$11.9B
| $5.12M | ﹤0.01% |
47,009
+45,577
| +3,183% | +$6.31M |
|
1716
Xylem
XYL
$27.3B
| $5.12M | ﹤0.01% |
+37,734
| New | +$5.13M |
|
|
CLDT
1717
Chatham Lodging
CLDT
$629M
| $5.12M | ﹤0.01% |
+600,683
| New | +$5.4M |
|
1718
PUT
Best Buy
BBY
$18.2B
| $5.11M | ﹤0.01% |
+60,600
| New | +$4.81M |
|
|
VRE
1719
DELISTED
Veris Residential
VRE
| $5.11M | ﹤0.01% |
340,400
-71,361
| -17% | -$1.07M |
|
1720
Merchants Bancorp
MBIN
$2.51B
| $5.1M | ﹤0.01% |
125,913
+64,191
| +104% | +$2.63M |
|
1721
PUT
Watsco Inc
WSO
$12.8B
| $5.1M | ﹤0.01% |
11,000
-1,400
| -11% | -$640K |
|
1722
CALL
Union Pacific
UNP
$173B
| $5.09M | ﹤0.01% |
22,500
-88,200
| -80% | -$20.7M |
|
1723
PUT
Diamondback Energy
FANG
$56.4B
| $5.08M | ﹤0.01% |
25,400
+22,300
| +719% | +$4.43M |
|
1724
Altimmune
ALT
$558M
| $5.07M | ﹤0.01% |
762,362
+408,012
| +115% | +$3.01M |
|
1725
Eldorado Gold
EGO
$7.95B
| $5.07M | ﹤0.01% |
342,806
+116,094
| +51% | +$1.76M |
|
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.