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 | |
|---|---|---|---|---|---|---|
1301
Kinder Morgan
KMI
$70.5B
| $11.3M | 0.01% |
411,157
+147,657
| +56% | +$3.85M |
|
1302
Progyny
PGNY
$2.47B
| $11.3M | 0.01% |
+653,066
| New | +$10.1M |
|
1303
Frontdoor
FTDR
$5.16B
| $11.2M | 0.01% |
204,843
-269,935
| -57% | -$14.6M |
|
1304
CALL
Blackrock
BLK
$170B
| $11.2M | 0.01% |
10,900
-5,100
| -32% | -$5.18M |
|
|
SHYF
1305
DELISTED
The Shyft Group
SHYF
| $11.1M | 0.01% |
949,516
-83,540
| -8% | -$1.08M |
|
1306
FormFactor
FORM
$8.21B
| $11.1M | 0.01% |
252,952
+79,240
| +46% | +$3.41M |
|
1307
Star Bulk Carriers
SBLK
$3.25B
| $11.1M | 0.01% |
743,870
+567,544
| +322% | +$10.5M |
|
|
ARES.PRB
1308
Ares Management Corp 6.75% Series B Preferred Stock
ARES.PRB
$1.24B
| $11.1M | 0.01% |
+200,000
| New | +$11M |
|
1309
PUT
Cigna
CI
$76.1B
| $11.1M | 0.01% |
40,200
+30,200
| +302% | +$9.63M |
|
|
SAND
1310
DELISTED
Sandstorm Gold
SAND
| $11.1M | 0.01% |
1,988,396
+476,836
| +32% | +$2.77M |
|
1311
DTE Energy
DTE
$29.5B
| $11.1M | 0.01% |
91,671
+83,799
| +1,065% | +$10.3M |
|
1312
Customers Bancorp
CUBI
$2.65B
| $11.1M | 0.01% |
227,143
+53,302
| +31% | +$2.68M |
|
1313
Qiagen
QGEN
$8.55B
| $11M | 0.01% |
241,238
-361,379
| -60% | -$16.2M |
|
1314
CALL
Erie Indemnity
ERIE
$12.2B
| $11M | 0.01% |
26,800
+15,000
| +127% | +$6.71M |
|
1315
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.8B
| $11M | 0.01% |
477,432
+18,900
| +4% | +$453K |
|
1316
Rogers Corp
ROG
$2.18B
| $11M | 0.01% |
108,275
-18,400
| -15% | -$1.92M |
|
1317
Cheesecake Factory
CAKE
$5.03B
| $11M | 0.01% |
231,078
+219,505
| +1,897% | +$10.1M |
|
1318
PUT
Goodyear
GT
$2.04B
| $11M | 0.01% |
1,218,000
+320,000
| +36% | +$2.92M |
|
1319
CALL
Bloom Energy
BE
$61B
| $10.9M | 0.01% |
492,900
+60,200
| +14% | +$1.06M |
|
1320
Tanger
SKT
$4.71B
| $10.9M | 0.01% |
320,694
+71,071
| +28% | +$2.48M |
|
1321
Prestige Consumer Healthcare
PBH
$2.37B
| $10.9M | 0.01% |
140,104
-23,603
| -14% | -$1.83M |
|
|
VACH
1322
DELISTED
Voyager Acquisition Corp
VACH
| $10.9M | 0.01% |
+1,089,000
| New | +$10.9M |
|
1323
PUT
Darden Restaurants
DRI
$23.7B
| $10.9M | 0.01% |
58,200
+35,800
| +160% | +$6M |
|
1324
PUT
Royal Gold
RGLD
$17.2B
| $10.9M | 0.01% |
82,400
+41,800
| +103% | +$6.03M |
|
1325
ANI Pharmaceuticals
ANIP
$1.83B
| $10.9M | 0.01% |
196,319
+87,698
| +81% | +$5.03M |
|
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.