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 |
Apple
AAPL
|
+$820M |
| 2 |
Visa
V
|
+$667M |
| 3 |
HES
Hess
HES
|
+$515M |
| 4 |
Mastercard
MA
|
+$425M |
| 5 |
Oracle
ORCL
|
+$382M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.03B |
| 2 |
Advanced Micro Devices
AMD
|
+$949M |
| 3 |
Citigroup
C
|
+$419M |
| 4 |
ExxonMobil
XOM
|
+$391M |
| 5 |
Booking.com
BKNG
|
+$349M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.36% |
| 2 | Consumer Discretionary | 9.47% |
| 3 | Financials | 6.95% |
| 4 | Healthcare | 6.38% |
| 5 | Communication Services | 4.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2951
Safe Bulkers
SB
$761M
| $1.02M | ﹤0.01% |
205,323
-3,526
| -2% | -$15.5K |
|
2952
PUT
Establishment Labs
ESTA
$2.7B
| $1.02M | ﹤0.01% |
20,000
-11,100
| -36% | -$446K |
|
|
GLAC
2953
DELISTED
Global Lights Acquisition Corp Ordinary Shares
GLAC
| $1.02M | ﹤0.01% |
100,000
| – | – |
|
2954
PUT
RingCentral
RNG
$4.77B
| $1.02M | ﹤0.01% |
29,300
-96,000
| -77% | -$3.23M |
|
2955
Napco Security Technologies
NSSC
$1.33B
| $1.02M | ﹤0.01% |
+25,301
| New | +$993K |
|
|
ALTM
2956
PUT
DELISTED
Arcadium Lithium plc
ALTM
| $1.02M | ﹤0.01% |
+235,680
| New | +$1.18M |
|
2957
Keen Vision Acquisition Corp
KVAC
$68.8M
| $1.01M | ﹤0.01% |
97,000
| – | – |
|
2958
CALL
ATS Corp
ATS
$2.62B
| $1.01M | ﹤0.01% |
+30,000
| New | +$1.19M |
|
|
ERF
2959
DELISTED
Enerplus Corporation
ERF
| $1.01M | ﹤0.01% |
51,384
-308,000
| -86% | -$5.01M |
|
|
AVDX
2960
DELISTED
AvidXchange
AVDX
| $1.01M | ﹤0.01% |
76,777
-17,865
| -19% | -$215K |
|
2961
MiMedx Group
MDXG
$649M
| $1M | ﹤0.01% |
130,436
-296,693
| -69% | -$2.38M |
|
2962
Otter Tail
OTTR
$3.93B
| $1M | ﹤0.01% |
11,624
-8,073
| -41% | -$702K |
|
2963
Montauk Renewables
MNTK
$259M
| $999K | ﹤0.01% |
240,233
-34,738
| -13% | -$218K |
|
2964
OraSure Technologies
OSUR
$277M
| $998K | ﹤0.01% |
162,339
-127,392
| -44% | -$925K |
|
|
AIRC
2965
DELISTED
Apartment Income REIT Corp.
AIRC
| $998K | ﹤0.01% |
30,722
+7,011
| +30% | +$228K |
|
2966
J. Jill
JILL
$278M
| $997K | ﹤0.01% |
+31,199
| New | +$793K |
|
2967
Vanguard Consumer Discretionary ETF
VCR
$6.01B
| $997K | ﹤0.01% |
+3,139
| New | +$958K |
|
2968
Scilex Holding
SCLX
$48M
| $997K | ﹤0.01% |
17,915
| – | – |
|
2969
Enterprise Financial Services Corp
EFSC
$2.44B
| $996K | ﹤0.01% |
24,544
+4,812
| +24% | +$197K |
|
2970
Stock Yards Bancorp
SYBT
$2.52B
| $995K | ﹤0.01% |
+20,342
| New | +$963K |
|
2971
PUT
Lithia Motors
LAD
$8.17B
| $993K | ﹤0.01% |
3,300
-26,100
| -89% | -$7.71M |
|
2972
Navigator Holdings
NVGS
$1.34B
| $992K | ﹤0.01% |
64,650
+19,868
| +44% | +$306K |
|
2973
CALL
Philip Morris
PM
$312B
| $989K | ﹤0.01% |
10,800
-189,200
| -95% | -$17.4M |
|
2974
American Financial Group
AFG
$12B
| $985K | ﹤0.01% |
7,218
-55,041
| -88% | -$6.85M |
|
|
SFIX
2975
Stitch Fix
SFIX
$563M
| $981K | ﹤0.01% |
371,596
-558,762
| -60% | -$1.72M |
|
Similar funds
D.E. Shaw & Co's Q1 2024 Portfolio in Review
As of Q1 2024, D.E. Shaw & Co held 4,923 positions worth $117B, up 2.1% from $114B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co withdrew a net $8.58B in Q1 2024, closing 634 positions and reducing 1,722 holdings. Its most notable exit was iShares JPMorgan USD Emerging Markets Bond ETF, an estimated $307M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in Arm worth $297M.
- D.E. Shaw & Co's largest Q1 2024 buy was Arm: 2,379,839 shares worth $297M.
- D.E. Shaw & Co added most to Apple in Q1 2024, an estimated $820M increase.
- D.E. Shaw & Co's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $1.03B.
- D.E. Shaw & Co fully exited iShares JPMorgan USD Emerging Markets Bond ETF in Q1 2024, selling an estimated $307M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $117B portfolio in Q1 2024.
- D.E. Shaw & Co opened 655 new positions and closed 634 in Q1 2024.
- D.E. Shaw & Co's portfolio value rose 2.1% quarter-over-quarter to $117B.
Based on D.E. Shaw & Co's 13F filing for Q1 2024, filed 15 May 2024.