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 | |
|---|---|---|---|---|---|---|
3326
iShares Global Healthcare ETF
IXJ
$4.18B
| $524K | ﹤0.01% |
+5,630
| New | +$509K |
|
3327
Primis Financial Corp
FRST
$397M
| $524K | ﹤0.01% |
43,069
-503
| -1% | -$6.24K |
|
3328
Avista
AVA
$3.5B
| $524K | ﹤0.01% |
+14,951
| New | +$509K |
|
3329
PUT
ZTO Express
ZTO
$18B
| $524K | ﹤0.01% |
25,000
+2,700
| +12% | +$51.7K |
|
3330
PUT
Iridium Communications
IRDM
$4.78B
| $523K | ﹤0.01% |
+20,000
| New | +$651K |
|
3331
PUT
Autodesk
ADSK
$50.9B
| $521K | ﹤0.01% |
2,000
-11,800
| -86% | -$2.99M |
|
3332
CALL
Elevance Health
ELV
$82.4B
| $519K | ﹤0.01% |
1,000
-31,500
| -97% | -$15.7M |
|
3333
Lucid Motors
LCID
$2.59B
| $519K | ﹤0.01% |
18,193
-60,075
| -77% | -$1.92M |
|
3334
iShares International Select Dividend ETF
IDV
$8.29B
| $517K | ﹤0.01% |
+18,413
| New | +$509K |
|
3335
Franklin FTSE United Kingdom ETF
FLGB
$899M
| $516K | ﹤0.01% |
+19,751
| New | +$495K |
|
3336
CALL
Teekay Tankers
TNK
$2.64B
| $514K | ﹤0.01% |
+8,800
| New | +$497K |
|
|
AAT
3337
American Assets Trust
AAT
$1.49B
| $514K | ﹤0.01% |
23,448
-31,100
| -57% | -$686K |
|
3338
Eastern Bankshares
EBC
$5.37B
| $513K | ﹤0.01% |
37,234
+14,323
| +63% | +$195K |
|
3339
CALL
Hawaiian Electric Industries
HE
$2.29B
| $513K | ﹤0.01% |
45,500
-91,400
| -67% | -$1.16M |
|
3340
PUT
Zai Lab
ZLAB
$2.12B
| $513K | ﹤0.01% |
+32,000
| New | +$674K |
|
|
JBIO
3341
Jade Biosciences
JBIO
$1.15B
| $511K | ﹤0.01% |
+493
| New | +$377K |
|
3342
CALL
Fastenal
FAST
$55.4B
| $509K | ﹤0.01% |
13,200
-131,000
| -91% | -$4.63M |
|
3343
Veracyte
VCYT
$4.47B
| $507K | ﹤0.01% |
+22,900
| New | +$559K |
|
3344
CALL
Delek US
DK
$3.87B
| $507K | ﹤0.01% |
+16,500
| New | +$447K |
|
3345
iShares MSCI Spain ETF
EWP
$2.08B
| $506K | ﹤0.01% |
15,714
+2,209
| +16% | +$66.4K |
|
3346
Calix
CALX
$2.34B
| $505K | ﹤0.01% |
+15,221
| New | +$567K |
|
|
ARI
3347
Apollo Commercial Real Estate
ARI
$881M
| $503K | ﹤0.01% |
45,155
+22,760
| +102% | +$255K |
|
3348
WPP
WPP
$4.54B
| $503K | ﹤0.01% |
+10,608
| New | +$500K |
|
3349
iShares Residential and Multisector Real Estate ETF
REZ
$911M
| $501K | ﹤0.01% |
+6,957
| New | +$491K |
|
3350
Upbound Group
UPBD
$1.24B
| $501K | ﹤0.01% |
14,236
-67,495
| -83% | -$2.25M |
|
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.