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 | |
|---|---|---|---|---|---|---|
2101
Coinbase
COIN
$38B
| $3.2M | ﹤0.01% |
14,400
-1,000
| -6% | -$230K |
|
2102
PUT
Carpenter Technology
CRS
$25.9B
| $3.2M | ﹤0.01% |
29,200
| – | – |
|
2103
PUT
Synchrony
SYF
$24.8B
| $3.2M | ﹤0.01% |
67,800
-55,400
| -45% | -$2.41M |
|
2104
CALL
SM Energy
SM
$7.65B
| $3.2M | ﹤0.01% |
74,000
+67,900
| +1,113% | +$3.33M |
|
2105
Alamo Group
ALG
$1.93B
| $3.19M | ﹤0.01% |
18,464
+17,090
| +1,244% | +$3.33M |
|
2106
HealthStream
HSTM
$811M
| $3.18M | ﹤0.01% |
113,902
+9,643
| +9% | +$257K |
|
2107
Kiniksa Pharmaceuticals
KNSA
$5.78B
| $3.17M | ﹤0.01% |
169,648
-52,205
| -24% | -$978K |
|
|
LADR
2108
Ladder Capital
LADR
$1.21B
| $3.16M | ﹤0.01% |
280,148
+59,749
| +27% | +$655K |
|
2109
Goosehead Insurance
GSHD
$2.25B
| $3.16M | ﹤0.01% |
54,937
-395
| -0.7% | -$23.7K |
|
2110
EQT Corp
EQT
$33.1B
| $3.15M | ﹤0.01% |
85,265
+14,684
| +21% | +$575K |
|
2111
Reynolds Consumer Products
REYN
$5.32B
| $3.15M | ﹤0.01% |
112,671
-112,529
| -50% | -$3.21M |
|
2112
LiveRamp
RAMP
$2.3B
| $3.15M | ﹤0.01% |
101,843
-93,361
| -48% | -$3M |
|
2113
PUT
Medtronic
MDT
$109B
| $3.15M | ﹤0.01% |
40,000
-210,700
| -84% | -$17.3M |
|
2114
Upland Software
UPLD
$13.1M
| $3.15M | ﹤0.01% |
126,431
+5,277
| +4% | +$139K |
|
2115
PUT
Antero Resources
AR
$11B
| $3.14M | ﹤0.01% |
96,200
-189,900
| -66% | -$6.21M |
|
2116
Rambus
RMBS
$10B
| $3.13M | ﹤0.01% |
53,305
-23,220
| -30% | -$1.33M |
|
2117
Dyne Therapeutics
DYN
$4.62B
| $3.12M | ﹤0.01% |
+88,420
| New | +$2.57M |
|
2118
Inspire Medical Systems
INSP
$1.43B
| $3.12M | ﹤0.01% |
23,283
-8,205
| -26% | -$1.55M |
|
2119
CALL
Illumina
ILMN
$30.2B
| $3.1M | ﹤0.01% |
29,700
-13,168
| -31% | -$1.48M |
|
2120
PUT
Seagate
STX
$196B
| $3.1M | ﹤0.01% |
30,000
| – | – |
|
|
PLL
2121
PUT
DELISTED
Piedmont Lithium
PLL
| $3.09M | ﹤0.01% |
310,000
+17,500
| +6% | +$223K |
|
|
CSW
2122
CSW Industrials
CSW
$5.31B
| $3.09M | ﹤0.01% |
11,658
-238
| -2% | -$59K |
|
2123
East-West Bancorp
EWBC
$18B
| $3.09M | ﹤0.01% |
42,219
+10,744
| +34% | +$797K |
|
|
DAWN
2124
DELISTED
Day One Biopharmaceuticals
DAWN
| $3.09M | ﹤0.01% |
224,340
+121
| +0.1% | +$1.77K |
|
2125
Anterix
ATEX
$1.82B
| $3.08M | ﹤0.01% |
77,886
+10,317
| +15% | +$334K |
|
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.