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 | |
|---|---|---|---|---|---|---|
|
FFWM
1926
DELISTED
First Foundation Inc
FFWM
| $3.95M | ﹤0.01% |
603,407
+33,508
| +6% | +$205K |
|
|
ESGR
1927
DELISTED
Enstar Group
ESGR
| $3.95M | ﹤0.01% |
12,914
+5,740
| +80% | +$1.72M |
|
1928
Seaboard Corp
SEB
$4.32B
| $3.95M | ﹤0.01% |
1,249
+347
| +38% | +$1.12M |
|
1929
CALL
Stryker
SYK
$133B
| $3.95M | ﹤0.01% |
11,600
+1,600
| +16% | +$542K |
|
1930
PUT
Sociedad Química y Minera de Chile
SQM
$19.5B
| $3.94M | ﹤0.01% |
96,800
-93,400
| -49% | -$4.32M |
|
1931
CALL
TKO Group
TKO
$13.8B
| $3.94M | ﹤0.01% |
36,500
+12,900
| +55% | +$1.31M |
|
1932
BJ's Restaurants
BJRI
$1.56B
| $3.93M | ﹤0.01% |
113,143
+65,311
| +137% | +$2.24M |
|
1933
PUT
Compass Minerals
CMP
$1.25B
| $3.92M | ﹤0.01% |
379,900
+272,500
| +254% | +$3.51M |
|
|
COOP
1934
CALL
DELISTED
Mr. Cooper
COOP
| $3.92M | ﹤0.01% |
48,300
-21,700
| -31% | -$1.74M |
|
1935
Vanda Pharmaceuticals
VNDA
$312M
| $3.91M | ﹤0.01% |
692,736
-1,110,106
| -62% | -$5.73M |
|
1936
Alpha Metallurgical Resources
AMR
$1.82B
| $3.91M | ﹤0.01% |
13,948
-6,475
| -32% | -$2M |
|
1937
Curtiss-Wright
CW
$26.5B
| $3.91M | ﹤0.01% |
14,433
+5,945
| +70% | +$1.59M |
|
1938
CALL
Polaris
PII
$3.88B
| $3.91M | ﹤0.01% |
49,900
+19,400
| +64% | +$1.64M |
|
1939
PUT
Plug Power
PLUG
$2.92B
| $3.89M | ﹤0.01% |
1,670,200
+865,000
| +107% | +$2.48M |
|
1940
CALL
Akamai
AKAM
$16.5B
| $3.89M | ﹤0.01% |
43,200
| – | – |
|
|
CALY
1941
CALL
Callaway Golf Company
CALY
$3.33B
| $3.89M | ﹤0.01% |
254,300
| – | – |
|
1942
CALL
Lemonade
LMND
$3.76B
| $3.88M | ﹤0.01% |
235,400
+43,200
| +22% | +$721K |
|
1943
Flex
FLEX
$41B
| $3.88M | ﹤0.01% |
131,675
-528,724
| -80% | -$15.8M |
|
1944
Dorman Products
DORM
$3.98B
| $3.88M | ﹤0.01% |
42,424
-7,961
| -16% | -$729K |
|
1945
CALL
Bloom Energy
BE
$61B
| $3.88M | ﹤0.01% |
316,800
-533,600
| -63% | -$6.8M |
|
1946
PUT
TD Synnex
SNX
$20.2B
| $3.88M | ﹤0.01% |
33,600
| – | – |
|
1947
Applovin
APP
$136B
| $3.87M | ﹤0.01% |
46,548
-6,083
| -12% | -$472K |
|
1948
Anika Therapeutics
ANIK
$240M
| $3.87M | ﹤0.01% |
152,923
-566
| -0.4% | -$14.7K |
|
1949
CALL
MakeMyTrip
MMYT
$5.37B
| $3.87M | ﹤0.01% |
46,000
+23,300
| +103% | +$1.74M |
|
|
CVGW
1950
DELISTED
Calavo Growers
CVGW
| $3.85M | ﹤0.01% |
169,657
+109,783
| +183% | +$2.88M |
|
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.