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 | |
|---|---|---|---|---|---|---|
3626
ZTO Express
ZTO
$18.2B
| $279K | ﹤0.01% |
13,325
+2,574
| +24% | +$49.2K |
|
3627
Cavco Industries
CVCO
$4.43B
| $279K | ﹤0.01% |
699
| – | – |
|
3628
Fidelity MSCI Real Estate Index ETF
FREL
$1.53B
| $279K | ﹤0.01% |
+10,687
| New | +$275K |
|
|
TWO
3629
Two Harbors Investment
TWO
$1.27B
| $279K | ﹤0.01% |
21,054
-68,174
| -76% | -$887K |
|
3630
CALL
TripAdvisor
TRIP
$1.67B
| $278K | ﹤0.01% |
+10,000
| New | +$243K |
|
3631
Allegion
ALLE
$13.3B
| $278K | ﹤0.01% |
2,062
-1,808
| -47% | -$231K |
|
3632
Limbach Holdings
LMB
$866M
| $278K | ﹤0.01% |
6,700
-17,349
| -72% | -$754K |
|
3633
Huntington Ingalls Industries
HII
$11.2B
| $277K | ﹤0.01% |
950
+100
| +12% | +$27.5K |
|
3634
CALL
Hercules Capital
HTGC
$2.98B
| $277K | ﹤0.01% |
+15,000
| New | +$266K |
|
3635
CALL
BlackBerry
BB
$4.89B
| $277K | ﹤0.01% |
101,000
| – | – |
|
3636
Lineage Cell Therapeutics
LCTX
$252M
| $276K | ﹤0.01% |
+186,627
| New | +$212K |
|
3637
CALL
GrafTech
EAF
$202M
| $276K | ﹤0.01% |
+20,000
| New | +$312K |
|
3638
iShares MSCI Japan Small-Cap ETF
SCJ
$254M
| $276K | ﹤0.01% |
+3,678
| New | +$267K |
|
|
FBRT
3639
Franklin BSP Realty Trust
FBRT
$605M
| $276K | ﹤0.01% |
20,636
-2,997
| -13% | -$39.1K |
|
|
AOMR
3640
Angel Oak Mortgage REIT
AOMR
$223M
| $275K | ﹤0.01% |
25,615
-11,952
| -32% | -$127K |
|
3641
Cabaletta Bio
CABA
$440M
| $275K | ﹤0.01% |
+16,111
| New | +$346K |
|
3642
PUT
Paysafe
PSFE
$432M
| $275K | ﹤0.01% |
17,400
-82,600
| -83% | -$1.16M |
|
|
THRD
3643
DELISTED
Third Harmonic Bio
THRD
| $274K | ﹤0.01% |
28,974
+2,213
| +8% | +$21.5K |
|
3644
Tilly's
TLYS
$117M
| $273K | ﹤0.01% |
40,188
-6,710
| -14% | -$49K |
|
3645
Camden National
CAC
$925M
| $273K | ﹤0.01% |
+8,135
| New | +$275K |
|
3646
PUT
Trip.com Group
TCOM
$28.2B
| $272K | ﹤0.01% |
6,200
-44,500
| -88% | -$1.81M |
|
3647
CALL
Blink Charging
BLNK
$77.3M
| $271K | ﹤0.01% |
90,000
-90,000
| -50% | -$254K |
|
|
SVM
3648
Silvercorp Metals
SVM
$2.13B
| $271K | ﹤0.01% |
83,100
-27,300
| -25% | -$69.5K |
|
3649
Personalis
PSNL
$1.25B
| $270K | ﹤0.01% |
181,295
-283,947
| -61% | -$440K |
|
3650
Ituran Location and Control
ITRN
$1.09B
| $269K | ﹤0.01% |
9,628
-1,036
| -10% | -$27.4K |
|
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.