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 | |
|---|---|---|---|---|---|---|
|
PRO
3051
DELISTED
PROS Holdings
PRO
| $859K | ﹤0.01% |
23,643
-9,331
| -28% | -$330K |
|
3052
U-Haul Holding Co
UHAL
$14.3B
| $859K | ﹤0.01% |
12,716
-19,431
| -60% | -$1.28M |
|
3053
NetEase
NTES
$81.5B
| $858K | ﹤0.01% |
8,294
-21,019
| -72% | -$2.15M |
|
|
IMTXW
3054
DELISTED
Immatics N.V. Warrants
IMTXW
| $858K | ﹤0.01% |
330,023
-16,495
| -5% | -$57K |
|
|
OAKU
3055
DELISTED
Oak Woods Acquisition Corp
OAKU
| $858K | ﹤0.01% |
80,000
| – | – |
|
3056
Cheesecake Factory
CAKE
$4.42B
| $857K | ﹤0.01% |
23,719
-9,959
| -30% | -$346K |
|
3057
iShares North American Natural Resources ETF
IGE
$726M
| $857K | ﹤0.01% |
19,048
+12,158
| +176% | +$499K |
|
3058
Argan
AGX
$7.33B
| $855K | ﹤0.01% |
16,911
+7,384
| +78% | +$346K |
|
|
SIX
3059
DELISTED
Six Flags Entertainment Corp.
SIX
| $853K | ﹤0.01% |
32,419
+2,052
| +7% | +$51.5K |
|
|
NKLA
3060
CALL
DELISTED
Nikola Corporation Common Stock
NKLA
| $853K | ﹤0.01% |
27,333
| – | – |
|
3061
Definitive Healthcare
DH
$74.6M
| $851K | ﹤0.01% |
105,495
-44,154
| -30% | -$391K |
|
|
SGI
3062
Somnigroup International
SGI
$15.2B
| $850K | ﹤0.01% |
14,964
-165,648
| -92% | -$8.63M |
|
|
THR
3063
DELISTED
Thermon Group Holdings
THR
| $849K | ﹤0.01% |
25,953
-13,021
| -33% | -$383K |
|
|
PAYOW
3064
DELISTED
Payoneer Global Inc. Warrant
PAYOW
| $848K | ﹤0.01% |
3,405,597
| – | – |
|
3065
CALL
B&G Foods
BGS
$297M
| $847K | ﹤0.01% |
74,000
-40,000
| -35% | -$419K |
|
3066
CALL
Lightspeed Commerce
LSPD
$1.41B
| $844K | ﹤0.01% |
+60,000
| New | +$952K |
|
|
3067
PUT
Lightspeed Commerce
LSPD
$1.41B
| $844K | ﹤0.01% |
+60,000
| New | +$952K |
|
3068
PUT
Lufax Holding
LU
$1.33B
| $844K | ﹤0.01% |
+200,000
| New | +$560K |
|
3069
Kelly Services Class A
KELYA
$560M
| $842K | ﹤0.01% |
33,646
-23,231
| -41% | -$521K |
|
3070
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.79B
| $842K | ﹤0.01% |
+11,074
| New | +$802K |
|
3071
Chemours
CC
$2.57B
| $841K | ﹤0.01% |
+32,030
| New | +$913K |
|
3072
Atea Pharmaceuticals
AVIR
$361M
| $839K | ﹤0.01% |
207,759
+22,582
| +12% | +$88.4K |
|
3073
Forestar Group
FOR
$1.5B
| $838K | ﹤0.01% |
20,840
+2,525
| +14% | +$85.8K |
|
3074
Martin Marietta Materials
MLM
$35B
| $836K | ﹤0.01% |
1,362
-8,421
| -86% | -$4.6M |
|
3075
First Advantage
FA
$3.58B
| $834K | ﹤0.01% |
51,390
-72,451
| -59% | -$1.18M |
|
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.