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 | |
|---|---|---|---|---|---|---|
|
BBUC
3376
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.45B
| $474K | ﹤0.01% |
19,635
-4,425
| -18% | -$102K |
|
3377
Element Solutions
ESI
$8.71B
| $472K | ﹤0.01% |
+18,895
| New | +$439K |
|
3378
Bunge Global
BG
$23B
| $472K | ﹤0.01% |
+4,600
| New | +$430K |
|
3379
Westlake Corp
WLK
$9.47B
| $469K | ﹤0.01% |
3,067
-811
| -21% | -$114K |
|
|
HLVX
3380
DELISTED
HilleVax
HLVX
| $468K | ﹤0.01% |
+28,159
| New | +$450K |
|
3381
WisdomTree US SmallCap Dividend Fund
DES
$2.21B
| $468K | ﹤0.01% |
+14,324
| New | +$448K |
|
3382
PUT
Green Dot
GDOT
$741M
| $467K | ﹤0.01% |
+50,100
| New | +$441K |
|
3383
ORIX
IX
$42.7B
| $467K | ﹤0.01% |
21,195
-15,015
| -41% | -$305K |
|
3384
Fidelity MSCI Communication Services Index ETF
FCOM
$1.79B
| $467K | ﹤0.01% |
9,414
+4,447
| +90% | +$211K |
|
3385
CALL
Agilon Health
AGL
$1.53B
| $466K | ﹤0.01% |
3,056
| – | – |
|
|
AEVA
3386
Aeva Technologies
AEVA
$961M
| $465K | ﹤0.01% |
118,367
-77,420
| -40% | -$375K |
|
|
GDEN
3387
DELISTED
Golden Entertainment
GDEN
| $465K | ﹤0.01% |
12,617
-3,828
| -23% | -$142K |
|
|
HDSN
3388
Hudson Technologies
HDSN
$259M
| $461K | ﹤0.01% |
41,888
-35,083
| -46% | -$457K |
|
|
NXRT
3389
NexPoint Residential Trust
NXRT
$680M
| $461K | ﹤0.01% |
+14,327
| New | +$445K |
|
3390
Dimensional Global Real Estate ETF
DFGR
$3.92B
| $460K | ﹤0.01% |
+18,031
| New | +$452K |
|
3391
Kenvue
KVUE
$38.3B
| $460K | ﹤0.01% |
21,438
-329,618
| -94% | -$6.69M |
|
3392
Noble Corp
NE
$6.47B
| $458K | ﹤0.01% |
+9,450
| New | +$425K |
|
3393
CALL
ArcelorMittal
MT
$50.2B
| $458K | ﹤0.01% |
+16,600
| New | +$447K |
|
3394
PUT
ATS Corp
ATS
$2.58B
| $458K | ﹤0.01% |
13,600
-10,400
| -43% | -$413K |
|
3395
Resources Connection
RGP
$135M
| $458K | ﹤0.01% |
34,781
-28,473
| -45% | -$380K |
|
|
P
3396
CALL
Everpure Inc
P
$23B
| $458K | ﹤0.01% |
+8,800
| New | +$393K |
|
3397
Carriage Services
CSV
$640M
| $457K | ﹤0.01% |
16,915
+4,359
| +35% | +$109K |
|
3398
PUT
Mativ Holdings
MATV
$474M
| $456K | ﹤0.01% |
+24,300
| New | +$363K |
|
3399
SPX Corp
SPXC
$10.5B
| $455K | ﹤0.01% |
3,698
-2,083
| -36% | -$226K |
|
3400
PUT
Chegg
CHGG
$114M
| $454K | ﹤0.01% |
60,000
| – | – |
|
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.