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 | |
|---|---|---|---|---|---|---|
3201
PUT
MarineMax
HZO
$782M
| $665K | ﹤0.01% |
+20,000
| New | +$641K |
|
3202
Reservoir Media Inc Warrant
RSVRW
| $663K | ﹤0.01% |
547,924
| – | – |
|
3203
Erasca
ERAS
$6.3B
| $661K | ﹤0.01% |
320,724
+218,481
| +214% | +$437K |
|
3204
CION Investment
CION
$306M
| $660K | ﹤0.01% |
60,040
+9,152
| +18% | +$101K |
|
3205
JPMorgan Active Value ETF
JAVA
$6.81B
| $660K | ﹤0.01% |
+11,017
| New | +$625K |
|
3206
CALL
Corning
GLW
$108B
| $659K | ﹤0.01% |
20,000
-108,300
| -84% | -$3.45M |
|
3207
McEwen Inc
MUX
$1.03B
| $659K | ﹤0.01% |
+66,813
| New | +$483K |
|
|
ELME
3208
Elme Communities
ELME
$142M
| $658K | ﹤0.01% |
47,303
-12,432
| -21% | -$173K |
|
3209
Blend Labs
BLND
$433M
| $658K | ﹤0.01% |
202,506
-252,978
| -56% | -$682K |
|
3210
McGrath RentCorp
MGRC
$2.95B
| $657K | ﹤0.01% |
5,325
-169
| -3% | -$20.4K |
|
3211
SEACOR Marine Holdings
SMHI
$216M
| $657K | ﹤0.01% |
+47,117
| New | +$546K |
|
|
KLRS
3212
Kalaris Therapeutics
KLRS
$79.5M
| $657K | ﹤0.01% |
37,820
+26,836
| +244% | +$438K |
|
3213
Boot Barn
BOOT
$4.81B
| $656K | ﹤0.01% |
+6,899
| New | +$570K |
|
|
FBMS
3214
DELISTED
The First Bancshares, Inc.
FBMS
| $656K | ﹤0.01% |
+25,287
| New | +$650K |
|
3215
CALL
Harley-Davidson
HOG
$2.66B
| $656K | ﹤0.01% |
+15,000
| New | +$555K |
|
3216
OmniAb
OABI
$286M
| $654K | ﹤0.01% |
120,667
-127,445
| -51% | -$734K |
|
3217
Phibro Animal Health
PAHC
$1.48B
| $653K | ﹤0.01% |
50,487
-5,138
| -9% | -$61.6K |
|
3218
Aehr Test Systems
AEHR
$2.27B
| $650K | ﹤0.01% |
52,443
-275,429
| -84% | -$4.59M |
|
3219
NCR Atleos
NATL
$3.47B
| $650K | ﹤0.01% |
32,914
-48,745
| -60% | -$1.04M |
|
3220
State Street SPDR S&P China ETF
GXC
$453M
| $649K | ﹤0.01% |
+9,873
| New | +$634K |
|
3221
Grindr
GRND
$2.95B
| $649K | ﹤0.01% |
+64,092
| New | +$570K |
|
|
ETNB
3222
DELISTED
89bio
ETNB
| $646K | ﹤0.01% |
55,493
+41,536
| +298% | +$460K |
|
3223
PUT
NovoCure
NVCR
$1.89B
| $646K | ﹤0.01% |
+41,300
| New | +$607K |
|
|
GRP.U
3224
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $643K | ﹤0.01% |
+11,268
| New | +$628K |
|
3225
PUT
Oneok
OKE
$55.9B
| $641K | ﹤0.01% |
+8,000
| New | +$584K |
|
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.