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 | |
|---|---|---|---|---|---|---|
1901
Janux Therapeutics
JANX
$950M
| $4.1M | ﹤0.01% |
97,823
+43,185
| +79% | +$2.03M |
|
1902
Ingevity
NGVT
$2.44B
| $4.09M | ﹤0.01% |
93,588
+15,462
| +20% | +$747K |
|
1903
Antero Midstream
AM
$10.2B
| $4.09M | ﹤0.01% |
277,354
-46,107
| -14% | -$662K |
|
1904
CALL
3M
MMM
$90.8B
| $4.09M | ﹤0.01% |
40,000
-16,571
| -29% | -$1.62M |
|
1905
Delta Air Lines
DAL
$58.3B
| $4.08M | ﹤0.01% |
86,025
-479,015
| -85% | -$23.8M |
|
1906
FirstService
FSV
$6.65B
| $4.08M | ﹤0.01% |
26,811
+10,800
| +67% | +$1.63M |
|
1907
Packaging Corp of America
PKG
$22.2B
| $4.08M | ﹤0.01% |
22,331
+12,073
| +118% | +$2.2M |
|
1908
Ameren
AEE
$30.1B
| $4.07M | ﹤0.01% |
57,281
-549,797
| -91% | -$40M |
|
1909
PUT
Baker Hughes
BKR
$59.5B
| $4.06M | ﹤0.01% |
115,400
| – | – |
|
1910
DexCom
DXCM
$28.8B
| $4.05M | ﹤0.01% |
35,740
-495,211
| -93% | -$62.6M |
|
1911
CALL
Danaher
DHR
$138B
| $4.05M | ﹤0.01% |
16,200
+6,200
| +62% | +$1.57M |
|
1912
Ventas
VTR
$44.7B
| $4.05M | ﹤0.01% |
78,937
-63,735
| -45% | -$2.98M |
|
1913
PUT
Realty Income
O
$60.1B
| $4.05M | ﹤0.01% |
76,600
-68,900
| -47% | -$3.68M |
|
1914
LXP Industrial Trust
LXP
$3.52B
| $4.04M | ﹤0.01% |
88,666
+75,082
| +553% | +$3.29M |
|
1915
PUT
Hims & Hers Health
HIMS
$6.26B
| $4.04M | ﹤0.01% |
+200,000
| New | +$3.33M |
|
1916
Metallus
MTUS
$826M
| $4.03M | ﹤0.01% |
198,989
+49,387
| +33% | +$1.08M |
|
1917
BrightView Holdings
BV
$1.23B
| $4.03M | ﹤0.01% |
303,264
-36,481
| -11% | -$465K |
|
1918
PUT
Ally Financial
ALLY
$13.2B
| $4.03M | ﹤0.01% |
101,500
-143,500
| -59% | -$5.6M |
|
1919
Expensify
EXFY
$178M
| $4.02M | ﹤0.01% |
2,700,360
-107,033
| -4% | -$169K |
|
1920
PUT
Marriott Vacations Worldwide
VAC
$3.35B
| $3.99M | ﹤0.01% |
45,700
+34,300
| +301% | +$3.25M |
|
1921
Academy Sports + Outdoors
ASO
$3B
| $3.99M | ﹤0.01% |
74,843
-120,378
| -62% | -$6.84M |
|
1922
CALL
Digital Realty Trust
DLR
$71.5B
| $3.98M | ﹤0.01% |
26,200
-300
| -1% | -$43.1K |
|
|
PRO
1923
DELISTED
PROS Holdings
PRO
| $3.98M | ﹤0.01% |
138,980
+115,337
| +488% | +$3.66M |
|
1924
CALL
Shake Shack
SHAK
$2.54B
| $3.98M | ﹤0.01% |
44,200
| – | – |
|
1925
Telos
TLS
$324M
| $3.96M | ﹤0.01% |
985,599
-114,089
| -10% | -$433K |
|
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.