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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$880M |
| 3 |
Boeing
BA
|
+$850M |
| 4 |
Eli Lilly
LLY
|
+$689M |
| 5 |
Tesla
TSLA
|
+$665M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$964M |
| 2 |
Apple
AAPL
|
+$606M |
| 3 |
Workday
WDAY
|
+$520M |
| 4 |
Palantir
PLTR
|
+$514M |
| 5 |
Spotify
SPOT
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.54% |
| 2 | Consumer Discretionary | 8.87% |
| 3 | Healthcare | 8.21% |
| 4 | Financials | 5.68% |
| 5 | Industrials | 4.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GTLS
3876
DELISTED
Chart Industries
GTLS
| $230K | ﹤0.01% |
+1,207
| New | +$194K |
|
3877
TFS Financial
TFSL
$5.1B
| $230K | ﹤0.01% |
+18,320
| New | +$244K |
|
3878
Star Holdings Shares of Beneficial Interest
STHO
$112M
| $230K | ﹤0.01% |
23,639
+9,178
| +63% | +$107K |
|
|
X
3879
DELISTED
US Steel
X
| $230K | ﹤0.01% |
6,759
-3,800
| -36% | -$140K |
|
3880
Galicia Financial Group
GGAL
$7.92B
| $229K | ﹤0.01% |
3,680
-271,237
| -99% | -$14.9M |
|
3881
Graphic Packaging
GPK
$3.26B
| $229K | ﹤0.01% |
+8,428
| New | +$244K |
|
3882
CALL
DuPont de Nemours
DD
$18.6B
| $229K | ﹤0.01% |
2,390
-9,480
| -80% | -$986K |
|
3883
Iovance Biotherapeutics
IOVA
$2.23B
| $228K | ﹤0.01% |
30,812
-36,936
| -55% | -$342K |
|
3884
Editas Medicine
EDIT
$399M
| $228K | ﹤0.01% |
179,515
-5,200
| -3% | -$13.3K |
|
|
EDR
3885
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $228K | ﹤0.01% |
7,275
-142,765
| -95% | -$4.25M |
|
3886
PUT
Hecla Mining
HL
$10.2B
| $227K | ﹤0.01% |
46,300
+1,300
| +3% | +$7.77K |
|
3887
Invesco FTSE RAFI US 1000 ETF
PRF
$9.73B
| $227K | ﹤0.01% |
5,623
-8,363
| -60% | -$346K |
|
|
RDUS
3888
PUT
DELISTED
Radius Recycling
RDUS
| $227K | ﹤0.01% |
14,900
-43,800
| -75% | -$786K |
|
3889
CALL
Delek US
DK
$3.87B
| $226K | ﹤0.01% |
12,200
| – | – |
|
3890
Fortrea Holdings
FTRE
$1.85B
| $226K | ﹤0.01% |
+12,100
| New | +$236K |
|
3891
CALL
Beyond Meat
BYND
$288M
| $226K | ﹤0.01% |
60,000
| – | – |
|
3892
Kodak
KODK
$806M
| $225K | ﹤0.01% |
34,313
+19,632
| +134% | +$112K |
|
3893
First Trust Water ETF
FIW
$1.84B
| $225K | ﹤0.01% |
2,201
| – | – |
|
3894
First Trust Materials AlphaDEX Fund
FXZ
$378M
| $225K | ﹤0.01% |
3,952
-1,605
| -29% | -$103K |
|
3895
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.36B
| $224K | ﹤0.01% |
4,650
-3,131
| -40% | -$157K |
|
3896
CALL
GeneDx Holdings
WGS
$1.75B
| $223K | ﹤0.01% |
+2,900
| New | +$203K |
|
|
ADVM
3897
DELISTED
Adverum Biotechnologies
ADVM
| $222K | ﹤0.01% |
+47,614
| New | +$320K |
|
3898
Preferred Bank
PFBC
$1.22B
| $222K | ﹤0.01% |
2,574
-3,596
| -58% | -$317K |
|
3899
Burford Capital
BUR
$907M
| $222K | ﹤0.01% |
17,433
-79,708
| -82% | -$1.07M |
|
3900
PUT
Visteon
VC
$2.77B
| $222K | ﹤0.01% |
+2,500
| New | +$229K |
|
Similar funds
D.E. Shaw & Co's Q4 2024 Portfolio in Review
As of Q4 2024, D.E. Shaw & Co held 5,079 positions worth $136B, up 17% from $116B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co deployed $10.6B of net new capital in Q4 2024, opening 591 new positions and adding to 1,620 existing holdings. Its largest new stake was Lam Research: 3,525,438 shares worth $255M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was NVIDIA, an estimated $964M trimmed.
- D.E. Shaw & Co's largest Q4 2024 buy was Lam Research: 3,525,438 shares worth $255M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $3.7B increase.
- D.E. Shaw & Co's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $964M.
- D.E. Shaw & Co fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $81.4M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $136B portfolio in Q4 2024.
- D.E. Shaw & Co opened 591 new positions and closed 731 in Q4 2024.
- D.E. Shaw & Co's portfolio value rose 17% quarter-over-quarter to $136B.
Based on D.E. Shaw & Co's 13F filing for Q4 2024, filed 14 Feb 2025.