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 |
NVIDIA
NVDA
|
+$708M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$614M |
| 3 |
Merck
MRK
|
+$521M |
| 4 |
Bank of America
BAC
|
+$492M |
| 5 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$285M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$646M |
| 2 |
Tesla
TSLA
|
+$607M |
| 3 |
Microsoft
MSFT
|
+$491M |
| 4 |
Accenture
ACN
|
+$482M |
| 5 |
Broadcom
AVGO
|
+$438M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.84% |
| 2 | Consumer Discretionary | 9.28% |
| 3 | Healthcare | 6.84% |
| 4 | Financials | 6.63% |
| 5 | Industrials | 5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Marriott International
MAR
$98.7B
| $243M | 0.21% |
975,923
-61,195
| -6% | -$14.3M |
|
|
102
CALL
Bank of America
BAC
$435B
| $242M | 0.21% |
6,102,500
-433,900
| -7% | -$17.4M |
|
103
Stryker
SYK
$127B
| $241M | 0.21% |
666,758
+341,823
| +105% | +$118M |
|
104
Devon Energy
DVN
$51.9B
| $239M | 0.21% |
6,114,840
+829,150
| +16% | +$36.5M |
|
105
CALL
Advanced Micro Devices
AMD
$851B
| $238M | 0.2% |
1,451,400
+256,300
| +21% | +$38.9M |
|
106
CVS Health
CVS
$137B
| $236M | 0.2% |
3,759,305
+2,679,014
| +248% | +$156M |
|
107
Affirm
AFRM
$23.5B
| $233M | 0.2% |
5,711,163
-1,828,089
| -24% | -$60.7M |
|
108
CALL
Citigroup
C
$222B
| $232M | 0.2% |
3,702,900
-989,100
| -21% | -$61.2M |
|
109
DoorDash
DASH
$75.3B
| $232M | 0.2% |
1,622,525
+758,557
| +88% | +$92M |
|
|
DOCU
110
DocuSign
DOCU
$9.63B
| $231M | 0.2% |
3,722,011
+45,913
| +1% | +$2.57M |
|
111
PUT
Target
TGT
$62.1B
| $231M | 0.2% |
1,479,100
+536,800
| +57% | +$79.9M |
|
112
CALL
Goldman Sachs
GS
$313B
| $230M | 0.2% |
464,600
+27,100
| +6% | +$13.3M |
|
113
ASML
ASML
$675B
| $229M | 0.2% |
274,320
-25,537
| -9% | -$22.8M |
|
114
PUT
AutoZone
AZO
$48.3B
| $227M | 0.2% |
72,200
-4,300
| -6% | -$13.2M |
|
115
JPMorgan Chase
JPM
$939B
| $227M | 0.2% |
1,078,054
+377,576
| +54% | +$79.5M |
|
116
PUT
Spotify
SPOT
$99.2B
| $221M | 0.19% |
600,500
-8,300
| -1% | -$2.76M |
|
117
CME Group
CME
$92.2B
| $220M | 0.19% |
999,222
+573,180
| +135% | +$119M |
|
118
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.9B
| $214M | 0.18% |
3,860,300
+2,145,000
| +125% | +$114M |
|
119
Wingstop
WING
$3.68B
| $211M | 0.18% |
507,363
-29,376
| -5% | -$11.4M |
|
120
Diamondback Energy
FANG
$57.6B
| $211M | 0.18% |
1,222,371
+364,003
| +42% | +$70.1M |
|
121
RH
RH
$3.3B
| $210M | 0.18% |
628,600
+524,890
| +506% | +$145M |
|
122
Thermo Fisher Scientific
TMO
$211B
| $209M | 0.18% |
337,849
+136,585
| +68% | +$80.9M |
|
123
CALL
Palo Alto Networks
PANW
$264B
| $205M | 0.18% |
1,202,000
-43,800
| -4% | -$7.37M |
|
124
SBA Communications
SBAC
$18.4B
| $205M | 0.18% |
850,432
+58,285
| +7% | +$12.9M |
|
125
Walt Disney
DIS
$165B
| $204M | 0.18% |
2,125,602
+1,110,139
| +109% | +$102M |
|
Similar funds
D.E. Shaw & Co's Q3 2024 Portfolio in Review
As of Q3 2024, D.E. Shaw & Co held 5,052 positions worth $116B, up 8.9% from $107B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
D.E. Shaw & Co's Q3 2024 filing shows 599 new, 1,568 increased, 1,742 reduced and 558 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 1,429,800 shares worth $115M. The largest sale was Adobe, an estimated $646M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q3 2024 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 1,429,800 shares worth $115M.
- D.E. Shaw & Co added most to NVIDIA in Q3 2024, an estimated $708M increase.
- D.E. Shaw & Co's biggest Q3 2024 reduction was Adobe, cutting an estimated $646M.
- D.E. Shaw & Co fully exited WestRock Company in Q3 2024, selling an estimated $148M.
- D.E. Shaw & Co's ten largest holdings make up 9.6% of its $116B portfolio in Q3 2024.
- D.E. Shaw & Co opened 599 new positions and closed 558 in Q3 2024.
- D.E. Shaw & Co's portfolio value rose 8.9% quarter-over-quarter to $116B.
Based on D.E. Shaw & Co's 13F filing for Q3 2024, filed 14 Nov 2024.