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 | |
|---|---|---|---|---|---|---|
1251
PUT
Pembina Pipeline
PBA
$29.3B
| $12.2M | 0.01% |
330,000
+100,000
| +43% | +$4.08M |
|
|
NGD
1252
DELISTED
New Gold Inc
NGD
| $12.1M | 0.01% |
4,882,121
-2,615,096
| -35% | -$7.21M |
|
1253
Fox Class B
FOX
$22B
| $12.1M | 0.01% |
264,890
-186,474
| -41% | -$7.85M |
|
1254
Gogo Inc
GOGO
$559M
| $12.1M | 0.01% |
1,496,435
+96,364
| +7% | +$718K |
|
1255
Vornado Realty Trust
VNO
$7.55B
| $12.1M | 0.01% |
287,962
-861,268
| -75% | -$36.4M |
|
1256
Powell Industries
POWL
$7.63B
| $12.1M | 0.01% |
163,806
+126,600
| +340% | +$11.3M |
|
|
WCC
1257
WESCO International
WCC
$16.7B
| $12.1M | 0.01% |
66,867
-30,744
| -31% | -$5.81M |
|
1258
CALL
HCA Healthcare
HCA
$85.7B
| $12.1M | 0.01% |
40,300
+12,400
| +44% | +$4.33M |
|
|
PRO
1259
DELISTED
PROS Holdings
PRO
| $12.1M | 0.01% |
550,666
-31,217
| -5% | -$671K |
|
1260
CALL
Philip Morris
PM
$299B
| $12.1M | 0.01% |
100,300
+900
| +0.9% | +$114K |
|
1261
Harmony Gold Mining
HMY
$10.1B
| $12.1M | 0.01% |
1,470,152
+1,440,442
| +4,848% | +$14M |
|
|
THS
1262
DELISTED
Treehouse Foods
THS
| $12.1M | 0.01% |
343,086
+168,365
| +96% | +$6.14M |
|
1263
PUT
Lowe's Companies
LOW
$118B
| $12M | 0.01% |
+48,800
| New | +$13M |
|
1264
Ultragenyx Pharmaceutical
RARE
$2.56B
| $12M | 0.01% |
286,079
+24,485
| +9% | +$1.21M |
|
1265
Acushnet Holdings
GOLF
$5.88B
| $12M | 0.01% |
168,822
+48,553
| +40% | +$3.3M |
|
1266
Middleby
MIDD
$6.03B
| $12M | 0.01% |
88,498
-2,179
| -2% | -$300K |
|
1267
Invesco KBW Bank ETF
KBWB
$6.83B
| $12M | 0.01% |
183,319
+164,265
| +862% | +$10.7M |
|
|
CNR
1268
Core Natural Resources Inc
CNR
$4.09B
| $12M | 0.01% |
112,283
+50,249
| +81% | +$5.78M |
|
1269
Quest Diagnostics
DGX
$25.9B
| $12M | 0.01% |
79,369
+76,397
| +2,571% | +$11.9M |
|
|
TBI
1270
Trueblue
TBI
$222M
| $12M | 0.01% |
1,424,812
-36,675
| -3% | -$283K |
|
1271
PACCAR
PCAR
$70.4B
| $12M | 0.01% |
114,988
-849,186
| -88% | -$92.9M |
|
1272
H&R Block
HRB
$5.61B
| $12M | 0.01% |
226,279
+8,487
| +4% | +$499K |
|
1273
CALL
International Paper
IP
$22.8B
| $11.9M | 0.01% |
221,600
-182,800
| -45% | -$9.8M |
|
1274
Hercules Capital
HTGC
$2.98B
| $11.9M | 0.01% |
+592,574
| New | +$11.6M |
|
1275
PUT
Walmart Inc
WMT
$884B
| $11.9M | 0.01% |
131,600
+36,300
| +38% | +$3.15M |
|
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.