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 | |
|---|---|---|---|---|---|---|
1951
The Joint Corp
JYNT
$119M
| $3.85M | ﹤0.01% |
273,840
-15,593
| -5% | -$222K |
|
1952
McEwen Inc
MUX
$1.06B
| $3.85M | ﹤0.01% |
419,375
+352,562
| +528% | +$3.87M |
|
|
WCN
1953
Waste Connections
WCN
$41.9B
| $3.84M | ﹤0.01% |
21,900
-14,336
| -40% | -$2.4M |
|
1954
Innovative Industrial Properties
IIPR
$1.76B
| $3.83M | ﹤0.01% |
+35,034
| New | +$3.68M |
|
1955
Triumph Financial Inc
TFIN
$1.76B
| $3.83M | ﹤0.01% |
46,804
+6,355
| +16% | +$474K |
|
|
NTST
1956
NETSTREIT Corp
NTST
$2.1B
| $3.82M | ﹤0.01% |
237,342
+75,024
| +46% | +$1.29M |
|
1957
Jones Lang LaSalle
JLL
$16.8B
| $3.82M | ﹤0.01% |
18,613
-15,694
| -46% | -$3.05M |
|
1958
CALL
Atlassian
TEAM
$24.9B
| $3.82M | ﹤0.01% |
21,600
-7,600
| -26% | -$1.36M |
|
1959
CALL
AGNC Investment
AGNC
$12.7B
| $3.82M | ﹤0.01% |
400,000
-234,400
| -37% | -$2.24M |
|
1960
Liberty Media Series A
FWONA
$23.1B
| $3.79M | ﹤0.01% |
58,955
-44,079
| -43% | -$2.81M |
|
1961
Installed Building Products
IBP
$6.07B
| $3.79M | ﹤0.01% |
+18,408
| New | +$4.15M |
|
1962
CALL
Boston Scientific
BSX
$68.4B
| $3.78M | ﹤0.01% |
+49,100
| New | +$3.59M |
|
1963
American Eagle Outfitters
AEO
$2.9B
| $3.75M | ﹤0.01% |
188,048
+11,912
| +7% | +$272K |
|
1964
Surgery Partners
SGRY
$2.08B
| $3.74M | ﹤0.01% |
157,269
+87,743
| +126% | +$2.25M |
|
1965
CALL
T. Rowe Price
TROW
$25.6B
| $3.74M | ﹤0.01% |
32,400
| – | – |
|
|
CMA
1966
PUT
DELISTED
Comerica
CMA
| $3.73M | ﹤0.01% |
73,000
+3,600
| +5% | +$184K |
|
1967
Vanguard Morningstar Mid-Cap ETF
VO
$106B
| $3.72M | ﹤0.01% |
+61,508
| New | +$3.74M |
|
1968
CALL
Papa John's
PZZA
$995M
| $3.72M | ﹤0.01% |
79,100
+18,800
| +31% | +$1.03M |
|
1969
PUT
ITT
ITT
$17.3B
| $3.71M | ﹤0.01% |
+28,700
| New | +$3.77M |
|
1970
MarketAxess Holdings
MKTX
$5.73B
| $3.71M | ﹤0.01% |
18,483
+8,182
| +79% | +$1.69M |
|
1971
Cullinan Oncology
CGEM
$1.08B
| $3.71M | ﹤0.01% |
212,448
+150,827
| +245% | +$3.21M |
|
1972
OneSpaWorld
OSW
$2.64B
| $3.7M | ﹤0.01% |
240,981
+160,113
| +198% | +$2.28M |
|
1973
Canadian Solar
CSIQ
$1B
| $3.7M | ﹤0.01% |
250,799
-6,110
| -2% | -$103K |
|
1974
OceanFirst Financial
OCFC
$1.71B
| $3.69M | ﹤0.01% |
232,348
+58,432
| +34% | +$883K |
|
1975
WEX
WEX
$6.35B
| $3.68M | ﹤0.01% |
20,760
-18,011
| -46% | -$3.67M |
|
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.