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 | |
|---|---|---|---|---|---|---|
2351
Heritage Financial
HFWA
$1.22B
| $2.46M | ﹤0.01% |
136,330
+36,428
| +36% | +$654K |
|
2352
Tompkins Financial
TMP
$1.43B
| $2.45M | ﹤0.01% |
50,194
+26,844
| +115% | +$1.24M |
|
|
SRDX
2353
DELISTED
Surmodics
SRDX
| $2.45M | ﹤0.01% |
58,356
+1,100
| +2% | +$37.5K |
|
2354
Bank of N.T. Butterfield & Son
NTB
$2.43B
| $2.45M | ﹤0.01% |
69,827
-10,884
| -13% | -$365K |
|
2355
Bank of Hawaii
BOH
$3.15B
| $2.45M | ﹤0.01% |
42,826
+9,488
| +28% | +$551K |
|
2356
Agree Realty
ADC
$9.34B
| $2.45M | ﹤0.01% |
39,488
-42,170
| -52% | -$2.49M |
|
2357
CEVA Inc
CEVA
$910M
| $2.44M | ﹤0.01% |
126,701
+47,479
| +60% | +$962K |
|
|
VTLE
2358
PUT
DELISTED
Vital Energy
VTLE
| $2.44M | ﹤0.01% |
+54,500
| New | +$2.72M |
|
|
FL
2359
CALL
DELISTED
Foot Locker
FL
| $2.44M | ﹤0.01% |
98,000
-82,000
| -46% | -$1.95M |
|
|
JWN
2360
PUT
DELISTED
Nordstrom
JWN
| $2.44M | ﹤0.01% |
115,000
| – | – |
|
2361
Sight Sciences
SGHT
$286M
| $2.44M | ﹤0.01% |
365,251
-9,156
| -2% | -$54.1K |
|
|
HDSN
2362
Hudson Technologies
HDSN
$254M
| $2.43M | ﹤0.01% |
276,863
+234,975
| +561% | +$2.28M |
|
2363
PUT
Open Text
OTEX
$6.15B
| $2.43M | ﹤0.01% |
+80,800
| New | +$2.59M |
|
2364
LeMaitre Vascular
LMAT
$2.32B
| $2.43M | ﹤0.01% |
+29,475
| New | +$2.17M |
|
2365
InterContinental Hotels
IHG
$24.1B
| $2.42M | ﹤0.01% |
22,848
+3,722
| +19% | +$377K |
|
2366
PUT
American International
AIG
$41.7B
| $2.42M | ﹤0.01% |
+32,600
| New | +$2.49M |
|
|
KE
2367
Kimball Electronics
KE
$595M
| $2.42M | ﹤0.01% |
110,016
+22,040
| +25% | +$481K |
|
2368
Ranpak Holdings
PACK
$438M
| $2.41M | ﹤0.01% |
374,345
-377,096
| -50% | -$2.55M |
|
2369
CALL
M/I Homes
MHO
$3.74B
| $2.41M | ﹤0.01% |
19,700
| – | – |
|
2370
ZipRecruiter
ZIP
$321M
| $2.41M | ﹤0.01% |
264,601
+44,895
| +20% | +$453K |
|
2371
AtriCure
ATRC
$1.92B
| $2.4M | ﹤0.01% |
105,585
-49,610
| -32% | -$1.14M |
|
2372
Pulmonx
LUNG
$68.8M
| $2.4M | ﹤0.01% |
379,018
-52,279
| -12% | -$402K |
|
|
VRN
2373
DELISTED
Veren
VRN
| $2.4M | ﹤0.01% |
304,491
+94,200
| +45% | +$793K |
|
|
ZYXI
2374
DELISTED
Zynex
ZYXI
| $2.4M | ﹤0.01% |
257,065
-75,481
| -23% | -$803K |
|
2375
Murphy Oil
MUR
$5.7B
| $2.39M | ﹤0.01% |
57,965
-54,888
| -49% | -$2.39M |
|
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.