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 | |
|---|---|---|---|---|---|---|
1626
Tenet Healthcare
THC
$20.3B
| $6.01M | 0.01% |
57,214
-33,400
| -37% | -$3M |
|
1627
CALL
Teva Pharmaceuticals
TEVA
$41.2B
| $6.01M | 0.01% |
425,700
+389,400
| +1,073% | +$4.91M |
|
1628
Turning Point Brands
TPB
$1.47B
| $6M | 0.01% |
204,747
+26,545
| +15% | +$677K |
|
1629
Toro Company
TTC
$8.72B
| $5.99M | 0.01% |
65,412
-19,063
| -23% | -$1.76M |
|
1630
CALL
Prudential Financial
PRU
$42.6B
| $5.99M | 0.01% |
51,000
-74,800
| -59% | -$8.06M |
|
1631
Orion
OEC
$381M
| $5.99M | 0.01% |
254,534
-7,824
| -3% | -$181K |
|
1632
Avnet
AVT
$7.12B
| $5.98M | 0.01% |
120,707
+70,861
| +142% | +$3.32M |
|
1633
Teekay Tankers
TNK
$2.68B
| $5.98M | 0.01% |
102,432
-129,700
| -56% | -$7.33M |
|
|
B
1634
CALL
Barrick Mining
B
$63.2B
| $5.97M | 0.01% |
+358,700
| New | +$5.61M |
|
|
VRNT
1635
DELISTED
Verint Systems
VRNT
| $5.95M | 0.01% |
179,615
-187,169
| -51% | -$5.6M |
|
|
SUPV
1636
Grupo Supervielle
SUPV
$880M
| $5.95M | 0.01% |
1,041,249
+377,718
| +57% | +$1.67M |
|
1637
PUT
HP
HPQ
$24.6B
| $5.94M | 0.01% |
+196,600
| New | +$5.79M |
|
1638
PUT
ResMed
RMD
$30.3B
| $5.94M | 0.01% |
30,000
| – | – |
|
1639
Matsons
MATX
$6.16B
| $5.94M | 0.01% |
52,849
-19,989
| -27% | -$2.25M |
|
1640
Ranpak Holdings
PACK
$442M
| $5.91M | 0.01% |
751,441
-8,806
| -1% | -$46.3K |
|
|
USAR
1641
USA Rare Earth Inc
USAR
$3.58B
| $5.9M | 0.01% |
563,823
+425,000
| +306% | +$4.43M |
|
1642
Fulcrum Therapeutics
FULC
$248M
| $5.9M | 0.01% |
625,176
+127,497
| +26% | +$1.14M |
|
1643
PUT
Pinterest
PINS
$13.7B
| $5.89M | 0.01% |
+170,000
| New | +$6.18M |
|
1644
Blackstone
BX
$102B
| $5.86M | 0.01% |
44,643
+31,483
| +239% | +$3.93M |
|
1645
Porch Group
PRCH
$1.63B
| $5.86M | 0.01% |
1,360,271
+696,809
| +105% | +$2.08M |
|
1646
Ally Financial
ALLY
$13.2B
| $5.85M | 0.01% |
144,142
+122,526
| +567% | +$4.48M |
|
1647
Dana Inc
DAN
$2.91B
| $5.84M | 0.01% |
+460,153
| New | +$5.97M |
|
|
B
1648
DELISTED
Barnes Group Inc.
B
| $5.84M | 0.01% |
157,258
-114,112
| -42% | -$3.93M |
|
1649
PUT
Match Group
MTCH
$9.17B
| $5.84M | 0.01% |
160,900
+14,800
| +10% | +$535K |
|
1650
Gentherm
THRM
$1.3B
| $5.82M | 0.01% |
101,114
+20,521
| +25% | +$1.07M |
|
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.