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 | |
|---|---|---|---|---|---|---|
2001
SEI Investments
SEIC
$12.4B
| $3.57M | ﹤0.01% |
+55,197
| New | +$3.71M |
|
2002
CNO Financial Group
CNO
$4.99B
| $3.57M | ﹤0.01% |
128,693
+118,244
| +1,132% | +$3.23M |
|
2003
Global X Cloud Computing ETF
CLOU
$237M
| $3.56M | ﹤0.01% |
181,319
+139,260
| +331% | +$2.81M |
|
2004
Cleveland-Cliffs
CLF
$6.64B
| $3.55M | ﹤0.01% |
230,982
+221,610
| +2,365% | +$3.97M |
|
2005
Home BancShares
HOMB
$6.25B
| $3.55M | ﹤0.01% |
148,325
+104,497
| +238% | +$2.48M |
|
2006
SiteOne Landscape Supply
SITE
$4.15B
| $3.55M | ﹤0.01% |
29,217
-48,995
| -63% | -$7.41M |
|
2007
Match Group
MTCH
$9.17B
| $3.55M | ﹤0.01% |
116,711
-86,354
| -43% | -$2.73M |
|
2008
Avis
CAR
$5.37B
| $3.54M | ﹤0.01% |
33,850
+18,450
| +120% | +$2.07M |
|
2009
CALL
HF Sinclair
DINO
$16.7B
| $3.54M | ﹤0.01% |
+66,300
| New | +$3.73M |
|
2010
CALL
First Citizens BancShares
FCNCA
$24.6B
| $3.54M | ﹤0.01% |
+2,100
| New | +$3.51M |
|
|
CFLT
2011
CALL
DELISTED
Confluent
CFLT
| $3.53M | ﹤0.01% |
119,600
-130,900
| -52% | -$3.76M |
|
2012
UWM Holdings
UWMC
$631M
| $3.53M | ﹤0.01% |
+509,362
| New | +$3.5M |
|
|
SAGE
2013
DELISTED
Sage Therapeutics
SAGE
| $3.52M | ﹤0.01% |
324,271
+164,933
| +104% | +$2.11M |
|
2014
Chevron
CVX
$383B
| $3.52M | ﹤0.01% |
22,513
-5,616
| -20% | -$896K |
|
2015
LSB Industries
LXU
$794M
| $3.51M | ﹤0.01% |
429,075
-162,378
| -27% | -$1.42M |
|
2016
Xperi
XPER
$364M
| $3.51M | ﹤0.01% |
427,447
+214,441
| +101% | +$2.03M |
|
2017
PUT
Allegro MicroSystems
ALGM
$7.72B
| $3.5M | ﹤0.01% |
124,100
-62,500
| -33% | -$1.78M |
|
2018
World Acceptance Corp
WRLD
$840M
| $3.5M | ﹤0.01% |
28,316
-1,302
| -4% | -$172K |
|
2019
CALL
Marriott Vacations Worldwide
VAC
$3.35B
| $3.49M | ﹤0.01% |
40,000
| – | – |
|
2020
CALL
PG&E
PCG
$39.2B
| $3.49M | ﹤0.01% |
+200,000
| New | +$3.52M |
|
2021
General Mills
GIS
$19.4B
| $3.49M | ﹤0.01% |
55,145
-86,724
| -61% | -$5.95M |
|
2022
Schwab US REIT ETF
SCHH
$11.5B
| $3.49M | ﹤0.01% |
174,668
-42,948
| -20% | -$838K |
|
2023
British American Tobacco
BTI
$133B
| $3.48M | ﹤0.01% |
112,622
+15
| +0% | +$456 |
|
2024
PUT
Papa John's
PZZA
$995M
| $3.48M | ﹤0.01% |
74,100
+39,100
| +112% | +$2.14M |
|
2025
CALL
Tyson Foods
TSN
$21.4B
| $3.48M | ﹤0.01% |
60,900
-96,900
| -61% | -$5.66M |
|
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.